Economy 24h: Gasoline and oil prices decrease, transportation businesses slow to adjust freight rates

Hạ Linh |

GDP in the first 6 months of the year increased by 8.18%, the highest since 2011; Gasoline and oil prices cooled down, many transport businesses have not reduced freight rates...

Many Nghe An transport businesses have not reduced freight rates

Công ty TNHH Văn Minh là một trong 4 doanh nghiệp vận tải tuyến cố định tại Nghệ An đã kê khai giảm giá cước. Ảnh: Sở Xây dựng Nghệ An
Van Minh Co., Ltd. is one of 4 fixed-route transport enterprises in Nghe An that has declared fare reductions. Photo: Nghe An Department of Construction

Although gasoline and oil prices have decreased, so far, in Nghe An, only passenger transport units by bus and 4 fixed-route transport enterprises have declared fare reductions. Many remaining enterprises have not yet adjusted prices according to regulations.

Nghe An Department of Construction said that it has requested businesses to review costs, especially fuel costs, to develop appropriate fare reduction plans. Price adjustment, declaration and listing of ticket prices must accurately reflect fuel price fluctuations and ensure passenger rights. See more...

GDP in the first 6 months increased by 8.18%, the highest since 2011

The Ministry of Finance said that Vietnam's socio-economy in the first 6 months of 2026 achieved many positive results despite the unstable world context. GDP increased by 8.18% - the highest since 2011, inflation was controlled at 4.38%; budget revenue reached nearly 1.62 million billion VND, public investment disbursement reached about 357 trillion VND, while ensuring stable electricity and gasoline supply.

Many sectors continue to record positive results such as institutional reform, infrastructure development, digital transformation, social security and foreign affairs. However, the economy still faces inflationary pressure, slow disbursement of public investment, high trade deficit and challenges from energy price fluctuations and natural disasters.

In the last 6 months of the year, the Ministry of Finance will coordinate to manage fiscal and monetary policies to support growth, promote disbursement of public investment, develop domestic businesses and markets, selectively attract FDI, improve institutions, develop infrastructure, science and technology and improve the quality of social security. See more...

Gold rings continue to decline, many stores limit the quantity sold

After many sessions of gold prices adjusting down, the gold market recorded a more stable trading atmosphere. At many large stores in Hanoi, customers can buy gold according to demand, there is no longer a situation of queuing or being limited in quantity like the hot price increase period.

Thị trường vàng không còn cảnh xếp hàng chờ đợi như trước. Ảnh: Linh Đan
The gold market no longer has the scene of queuing like before. Photo: Linh Dan

Many people take advantage of buying gold at the beginning of the lunar month to get lucky and accumulate. Customers said that it only takes about 10-15 minutes to complete the transaction, while the gold supply has become more abundant, helping the buying and selling to take place smoothly.

Buyers assess that improved supply helps them be more proactive, not having to wait for opening hours or worry about running out of goods. Trading activities therefore become faster, more convenient and more comfortable than when the market is short of supply. See more...

Electricity bill increases nearly 2 times, households pay attention to checking consumption levels

Many households in Hanoi reflect that electricity bills in June increased sharply, in some cases nearly doubling compared to the previous month, although they believe that their electricity usage habits have not changed much. Many residents expressed their questions when they jointly recorded the sharp increase in bills.

According to the cooling system warranty staff, prolonged hot weather forces air conditioners, refrigerators and cooling devices to operate at higher intensities, increasing electricity consumption even though the usage time does not change significantly. Some people are also worried that applying peak hour electricity prices will increase living costs.

People are recommended to check electricity consumption (kWh), meter reading time, operating status of high-capacity electrical equipment and compare meter readings with invoices or electricity industry applications to determine the cause of increased invoices. See more...

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