Business

Gold prices lose advantage as the market bets on Fed interest rate hikes

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Gold prices are under pressure as the market increases expectations of the Fed raising interest rates, although falling oil prices help limit the weakening momentum.

Tuyen Quang to have an industrial park worth over 850 billion VND soon

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Tuyen Quang - Approving the investment policy is an important step in the process of implementing the development plan of industrial parks in the area.

Update on gasoline and oil prices on June 18: Deep reduction

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Update on gasoline and oil prices on June 18: At 6:20 PM on June 18, world oil prices simultaneously fell sharply.

Gold price update at the closing session on June 18: Falling from 4,300 USD/ounce

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Gold price update at the closing session on June 18: World gold fell sharply below 4,300 USD/ounce, under pressure from the Fed's tough stance and the rising USD.

Lao Cai sets budget revenue record in the first 6 months of the year

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Lao Cai - With outstanding growth, the province is creating momentum to accelerate to realize the goal of becoming a growth pole and a regional trade connection center.

Bitcoin price suddenly plummets

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According to records, the price of Bitcoin in the past 24 hours (Vietnam time) suddenly decreased sharply, causing many other virtual currencies to plummet.

World oil prices continue to increase

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In the trading session on October 7 (Vietnam time), world oil prices continued to remain high after OPEC+ agreed to tighten global supply with an agreement to cut the production target of 2 million barrels/day - the largest decrease since 2020.

4 banks unexpectedly have their credit rooms extended by the State Bank

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Latest information: The State Bank has just adjusted credit rooms for 4 banks including VPBank, HDBank, MB and Vietcombank.

Bitcoin price maintains price increase

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Bitcoin price on October 6 (Vietnam time) increased slightly, maintaining the 20,000 USD mark.

World oil prices hit 3-week high

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In the trading session on October 6 (Vietnam time), world oil prices increased sharply after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) reduced production by 2 million barrels/day.

Bitcoin price fluctuates slightly

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Bitcoin price on October 5 (Vietnam time) fluctuated slightly, with a market capitalization of 388 billion USD.

World oil price approaches the mark of 90 USD/barrel

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In the trading session on October 4 (Vietnam time), world oil prices increased by more than 4 USD due to market information that the price will decrease by 1 million barrels/day next month.

World oil prices increase, domestic gasoline prices reach over 20,000 VND/liter

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In the trading session on October 3 (Vietnam time), world oil prices increased by more than 2 USD. Meanwhile, domestic gasoline prices have reached more than 20,000 VND/liter.

USD spikes, gold prices fluctuate at the bottom, selling pressure is high

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Foreign exchange rate today (October 3): Black market USD price continues to stay high. Gold prices are rolling around at a 2.5-year low.

World oil price increase week

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Overall, Brent and WTI oil prices both increased by about 2% for the whole week. This is the first week of increase in oil prices after 4 consecutive weeks of decline. However, in the third quarter, Brent oil prices decreased by 23% and WTI oil decreased by 25%.

After the era of cheap money, securities companies simultaneously increase margin loan interest rates

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After a series of moves from the US Federal Reserve and the State Bank, securities companies have been unable to stand aside from the race to increase interest rates.

"Don't worry about high bad debt but paying off bonds"

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This is the opinion of Mr. Do Ngoc Quynh - General Secretary of the Vietnam Bond Market Association. According to him, businesses lend at high interest rates, thereby being able to offset bad debts.

Racing to buy, USD prices skyrocket, gold prices unpredictable, consider cutting losses

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Foreign exchange rate today (1.10): USD price rebounded. Gold prices are moving sideways due to pressure from the stronger USD.

World oil prices red floor in the weekend session

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In the context that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) may cut production at the meeting next week, oil prices at the end of the weekend decreased slightly.

The State Bank requires strict compliance with foreign exchange management regulations

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The State Bank has just issued a document requesting banks to strictly implement regulations on foreign exchange management in the context of the VND/USD exchange rate continuously increasing. There are even many people who buy USD from banks to smuggle into the market to make a profit.