Business

The Ministry of Industry and Trade is assigned major tasks related to strategic technology development. Photo: BCT

3 major problems assigned to the Ministry of Industry and Trade on strategic technology development

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The Prime Minister assigned the task of developing strategic technology to the Ministry of Industry and Trade to preside over three major issues.

MSP-1 is the first crude oil rig at the Bach Ho field. To date, MSP-1 has exploited more than 17 million tons of oil and is still operating effectively at the "oil hub" of Bach Ho. Photo: Petrovietnam

Bach Ho Field: 40 years from the first oil flow

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On June 26, 1986, the first commercial oil flow from the Bach Ho field was exploited, opening a special milestone in the history of Vietnam's oil and gas industry.

The Ministry of Finance forecasts that gasoline and oil prices will tend to decrease in the near future. Photo: Hai Nguyen

Ministry of Finance forecasts gasoline and oil prices to tend to decrease in the third and fourth quarters

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The Ministry of Finance forecasts that gasoline and oil prices will tend to decrease in the third and fourth quarters, but still contain potential risks.

Silver prices have lost about half of their value since its historic peak in January, while technical signals suggest that the weakening momentum of this metal may not be over yet. Photo: Phuong Anh

Silver prices lose half of their value, experts warn pressure will continue

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Silver prices lost nearly 50% from a historic peak as the Fed maintained a tough stance, making short-term prospects even gloomier.

World gold prices fluctuate around the 4,000 USD/ounce mark and are heading for their fourth consecutive week of decline as the USD strengthens and expectations that the Fed will continue to raise interest rates. Photo: Phan Anh

Gold prices have not escaped the downward trend, experts forecast the 3,400 USD mark

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Gold prices are heading for their fourth consecutive week of decline as expectations of the Fed raising interest rates and a strong USD continue to overwhelm the market.

Gold price today, August 21: Loss of confidence, gold falls from 9-month peak

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Gold prices today, August 21, opened a trading session without much fluctuation compared to last weekend. In the world market, some political instability and violence occurred in the world, causing gold prices to reach a peak of 1,300 USD/ounce at the end of the week, before the price suddenly dropped in the first session of this week.

Gold price today, August 18: Unsuccessful price increase, turning to plummet

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Gold price today, August 18, opened the trading session and decreased slightly by VND40,000/tael. In contrast to domestic gold, the world gold market skyrocketed in the context of central banks in countries being afraid of low inflation.

Gold price today, August 17: Unexpectedly skyrocketed by 110,000 VND/tael

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Gold price today, August 17, opened the trading session with a sharp increase of 80 - 110 thousand VND/tael. Investors are now looking to gold as an attractive investment channel as the USD price is falling.

Gold price today 16.8: Declining, investors facing gold

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Gold prices today, August 16, continued to plummet from the beginning of the session. World gold prices and domestic SJC gold prices both fell sharply.