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.
Black market USD exchange rate hots over 25,300 VND, gold prices fluctuate
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Foreign exchange rate today: USD price on the free market increased to 25,325. The central exchange rate announced by the State Bank has cooled down, but the selling price of USD at some banks is still at the ceiling. World gold prices weaken.
World oil prices increase by nearly 3%
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In the trading session on October 27 (Vietnam time), world oil prices increased by nearly 3% thanks to US crude oil exports reaching a record high and refineries increasing operating capacity.
World oil prices continue to decrease
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In the trading session on October 26 (Vietnam time), world oil prices continued to decrease due to concerns that Saudi Arabia may release strategic oil reserves and committed to still ensuring supply to meet the world's consumption needs.
World USD exchange rate hits 3-week low, gold price increases
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Foreign exchange rate today: USD price on the free market continues to heat up to 25,280, while the world USD hit a 3-week low. World gold prices increase.
World oil prices turn to decrease
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In the trading session on October 25 (Vietnam time), world oil prices fell ahead of the increase of the USD and the data on China's consumption demand was not very positive.
Proposal to pilot new-generation cigarettes: Still controversial
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Recently, the Ministry of Industry and Trade has proposed piloting new-generation cigarettes, specifically heated tobacco products, stemming from the reality that there are more and more new types of new-generation cigarettes on the market through long-term imported, hand-carried, and difficult to control quality. However, this proposal is still controversial in both management and consumer health issues.
World oil prices increase in the first session of the week
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World oil prices in the first session of the week on October 24 (Vietnam time) were supported by the possibility of recovering consumption demand in China and the shortage of oil supply from Russia in the upcoming embargo.
USD and foreign exchange rates close today, October 22
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Foreign exchange rate today (October 22): Domestic black market USD price is at 25,020 - 25,120 VND (buy - sell). World gold price is at 1657.90 - 1658.90 USD/ounce (buy - sell). Domestic SJC gold price is at 66.30 - 67.30 million VND/tael (buy - sell).
Black market USD exchange rate remains high, gold price suddenly skyrockets
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Foreign exchange rate today: Black market USD price is anchored at 25,100 VND while world USD decreased. World gold prices suddenly skyrocketed.
Bank USD exchange rate, latest black market USD price today 10/22
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Foreign exchange rate today (October 22): Domestic black market USD price is at 25,020 - 25,120 VND (buy - sell). World gold price is at 1,657.90 - 1,658.90 USD/ounce (buy - sell). Domestic SJC gold price is at 66.30 - 67.30 million VND/tael (buy - sell).
World oil prices stagnate, domestic gasoline prices increase
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In the trading session on October 21 (Vietnam time), world oil prices stagnated due to concerns that inflation would reduce demand for oil. Domestically, gasoline prices increased from 200 - 840 VND, depending on the type.
World oil price lost more than 3%
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In the trading session on October 19 (Vietnam time), world oil prices decreased after a report from the US Government said that the release of crude oil from reserves will continue.
World oil prices increased slightly after a deep decrease
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After falling 8% last week, on October 17 (Vietnam time), oil prices turned slightly up nearly 1% in the context of the market worrying about tight crude oil supply.
The State Bank adjusts the central exchange rate range to 5%
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The State Bank of Vietnam decided to adjust the USD/VND spot exchange rate range from ±3% to ±5% (effective from October 17, 2022).
A week of sharp decline in world oil prices
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Concerns about a global economic downturn, fluctuations in the US dollar and low US diesel inventories as winter approaches are the main factors affecting oil prices this week.
