Business
Hai Phong Power Industry celebrates 70 years of tradition
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On May 9, Hai Phong Power Company Limited solemnly held a ceremony to celebrate the 70th anniversary of the Hai Phong Power Industry's tradition (May 13, 1955 - May 13, 2025).
Announcing the establishment of Vietnam Maritime Assurance Corporation
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On May 9, in Hai Phong, the Vietnam Maritime Safety Assurance industry solemnly held a ceremony to celebrate the 70th anniversary of the Traditional Day (May 15, 1955 - May 15, 2025).
Bac Giang is about to have 2 more industrial parks and clusters worth over VND2,200 billion
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Bac Giang - The Provincial People's Committee has just issued a Decision approving the investment policy and approving the investor for 2 industrial park and cluster projects.
Quang Nam seeks solutions to connect green credit for green industrial parks
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Quang Nam province is actively seeking solutions to connect green credit, supporting businesses in industrial parks.
Vietnam opens the door for US agricultural products
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Vietnam is removing technical barriers, opening the door for the US's agricultural, forestry and fishery sector to demonstrate goodwill in efforts to harmonize the trade balance.
Maintaining the steep climb, oil prices approach the $80/barrel mark
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In the trading session on December 20 (Vietnam time), oil prices continued to increase due to concerns that global oil supply was interrupted by tensions in the Red Sea.
Intermittent supply pushes oil prices up steadily
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In the trading session on December 19 (Vietnam time), oil prices increased due to low exports from Russia and developments related to oil tankers in the Red Sea, raising concerns about supply disruption.
Oil prices improve in the new week
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In the first trading session of the week on December 18 (Vietnam time), oil prices maintained their upward momentum in the context of the IEA and OPEC having a more optimistic view of the demand outlook.
Oil prices continue to increase thanks to demand prospects
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In the trading session on December 16 (Vietnam time), oil prices continued to increase slightly thanks to a positive forecast for global oil demand and a weaker USD.
The prospect of improved demand pushes oil prices up
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In the trading session on December 15 (Vietnam time), oil prices increased after the US Federal Reserve (Fed) signaled lower borrowing costs for 2024.
World oil prices increase, domestic prices are expected to decrease
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In the trading session on December 14 (Vietnam time), oil prices increased due to concerns about the security situation in the Middle East affecting oil supply. Domestic gasoline prices are expected to be adjusted down by around 300-800 VND/liter (kg) this afternoon.
Concerns about supply surplus pushing oil prices down
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Concerns about the supply situation and weak growth in fuel demand next year have pushed oil prices down more than 3% in the trading session on December 13 (Vietnam time).
Oil prices increase slightly, Brent oil exceeds 76 USD/barrel
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In the trading session on December 12 (Vietnam time), oil prices increased slightly before the information that the US Department of Energy will take advantage of lower oil prices to start adding strategic reserves.
Brent and WTI oil prices increased slightly in the first session of the week
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Oil prices started the new week in the session on December 11 (Vietnam time) with Brent and WTI oil both increasing slightly. However, both oil products are still quite far from the $80/barrel mark.
Oil prices record the longest weekly decline in 5 years
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Recorded for the 7th consecutive week of decline, oil prices this week marked the longest weekly decline in half a decade.
Oil prices accelerate, increase by more than 2% in the last session of the week
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In the trading session on December 9 (Vietnam time), oil prices continued to increase after US data supported demand growth expectations.
Oil prices recover after falling to 6-month low
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The trading session on December 8 (Vietnam time), although slightly increased, oil prices are still heading for the 7th week of decline as they have always maintained a downward momentum since OPEC+ announced production cuts.
Oil prices drop to new level, domestic gasoline prices may decrease further this afternoon
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In the trading session on December 7 (Vietnam time), oil prices fell sharply due to concerns about weak demand in major markets. Domestic gasoline prices are expected to decrease by about 300-500 VND/liter (kg) this afternoon.
World oil price drops to 5-month low
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In the trading session on December 6 (Vietnam time), world oil prices continued to be under pressure to decrease as the market increasingly worried about increased supply, while demand remained low.
Turning down, oil prices slide to $80/barrel
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In the trading session on December 5 (Vietnam time), oil prices decreased by more than 1% in the context of traders worried about OPEC+'s production cuts in the first quarter of 2024.