Gasoline and oil prices today May 9th: Sharp decrease
World oil prices continued to fluctuate strongly in the last session of the week. WTI oil increased to 95.42 USD/barrel, while Brent oil reached 101.29 USD/barrel. However, for the whole week, these two types of oil still decreased by more than 6% due to the cautious sentiment of investors in the face of tense developments in the Middle East.
According to analysts, the oil market is "struggling" between expectations that the US and Iran can resume negotiations and the risk of escalating military conflict in the Strait of Hormuz. Although the US affirms that it does not want to expand the conflict, recent military attacks still make the market concerned about disrupted oil supplies.
Domestically, retail gasoline and oil prices were adjusted from the afternoon of May 7 according to the decision of the inter-Ministry of Industry and Trade - Finance. At the same time, many businesses continue to apply discounts for gasoline and diesel, fluctuating around 1,000 - 1,650 VND/liter depending on the item and region. See more...
Coconut and durian prices in Ho Chi Minh City increase sharply
In Ho Chi Minh City, the demand for refreshments increased sharply due to prolonged hot weather, causing fresh coconut prices to increase significantly. Many street vending points recorded a large number of customers throughout the day, especially at noon and in the late afternoon. According to small traders, in addition to increased consumer demand, escalating transportation costs and labor costs also contribute to pushing retail coconut prices up.
Besides fresh coconuts, the durian market in Ho Chi Minh City is also bustling as it enters the peak season. Ri6 durian is currently commonly sold from 60,000-80,000 VND/kg, while products in supermarkets or large stores are priced higher thanks to being carefully selected, ensuring traceability and stable quality.
According to the Vietnam Fruit and Vegetable Association, coconut prices increased due to summer consumption demand and sharp increases in logistics costs. With durian, price differences mainly come from product quality: goods that meet export standards and are carefully controlled still have high prices, while many types sold on the roadside are substandard or floating goods, so they are cheap but of uneven quality. See more...
When hunting for sale becomes a financial burden
Convenience and promotions make shopping easy. With just a few touches, consumers can easily finalize their bills emotionally without realizing they are spending out of control.
Once considering online shopping as a way to relieve stress, Mr. Hoang Quang Huy (Hanoi) did not expect himself to fall into debt.
Initially, it was just buying a few small items, seeing it was cheap, so I kept buying more. Gradually, I started using credit cards, then postpaid wallets to shop comfortably. There were months when I received goods almost every day, but many items bought back were not used. When I looked back, I owed a not small amount" - Mr. Huy shared. See more...
Upcoming auction of many land plots and liquidated cars in Phu Tho, Thai Nguyen
In May 2026, many assets in Phu Tho and Thai Nguyen were put up for public auction, including residential land, liquidated cars, dump trucks and excavators with a total value of billions of VND. In Phu Tho, 6 residential land plots in Huong Nha Market Area, Hien Quan commune have an area of 108.7-262m2, starting price from more than 519 million to over 1.04 billion VND/plot, auctioned in the form of indirect voting.
In Thai Nguyen, VNA Joint Venture Auction Company organized an online auction of Forcia dump trucks manufactured in 2010 and Komatsu PC128US excavators with a total starting price of 195 million VND. In addition, the Thai Nguyen Provincial Property Auction Service Center also auctioned a batch of 4 liquidated cars including Mitsubishi and Ford with a starting price of 320 million VND. See more...
