Business
Coffee prices today 11.5: Strong fluctuations
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Coffee prices after a slight decrease in the middle of the week have recovered and stagnated at 128,200 VND/kg at the end of the week.
Da Nang calls for investment of VND1,800 billion for semiconductor laboratories
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The Da Nang Department of Finance invites to invest VND1,800 billion in the advanced packaging technology laboratory project for semiconductor microchips.
Pepper prices today 11.5: Massive weekly decrease
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Pepper prices today 11.5: Domestic prices drop sharply, closing the week at 151,300 VND/kg. World pepper prices are in the same direction, reflecting competition between major producing countries.
Gold price skyrockets but there is a risk of plummeting
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Gold prices remained above $3,300/ounce but the increase slowed down. Experts warn that prices could fall to the $3,000/ounce range if US-China negotiations progress.
Silver price fluctuations 11.5: Losses when surfing
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Silver price fluctuations 11.5: Domestic silver prices continue to move sideways, investors suffer losses after a week of buying.
Oil prices hit highest level since the beginning of 2023, approaching the mark of 90 USD/barrel
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In the trading session on September 4 (Vietnam time), oil prices increased to the highest level since the beginning of the year, mainly due to the expectation of tighter supply.
Strong week of oil prices due to tight supply
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Concerns about tight supply, reduced US oil reserves, and a sluggish USD are the main factors pushing oil prices down this week. Overall, Brent oil prices increased by nearly 5%, WTI oil increased by 7.2%.
Oil prices hit a 7-month high
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In the trading session on September 2 (Vietnam time), oil prices continued to increase as investors expected that OPEC+'s oil production cuts would continue until the end of 2023.
Oil prices increase sharply, approaching the mark of 87 USD/barrel
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In the trading session on September 1 (Vietnam time), concerns about Typhoon Idalia in the Gulf of Mexico continuing to cover the market, the sharp decline in oil in US reserves is the reason for the sharp increase in world oil prices.
The impact of storm Idalia pushes oil prices to continue to climb
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In the trading session on August 31 (Vietnam time), oil prices continued to climb due to the impact of storm Idalia and the tight supply of crude oil in the US.
Supply decreases, oil prices exceed 85 USD/barrel
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In the trading session on August 30 (Vietnam time), oil prices increased sharply in the context of the USD plummeting and concerns about reduced supply.
Intermittent supply pushes oil prices up
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In the trading session on August 29 (Vietnam time), oil prices increased due to some positive signals from China and the possibility of supply disruption due to a tropical storm off the US Gulf Coast.
World oil price above 80 USD/barrel
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In the trading session on August 28 (Vietnam time), oil prices increased in the context of fuel prices in the US skyrocketing to a 7-month high due to concerns about a short-term supply shortage.
Oil prices drop for the second consecutive week
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The strengthening of the US dollar and China's slow economic recovery caused Brent crude oil prices to fall by about 1% and US WTI crude oil to fall by about 2% for the week.
Oil prices increase to the highest increase of the week
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In the trading session on August 26 (Vietnam time), oil prices reached the highest level of the week after information about reduced oil and gas reserves in Europe overwhelmed concerns about supply.
Oil prices increase slightly ahead of the Fed meeting
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In the trading session on August 25 (Vietnam time), oil prices recovered in the context of investors cautiously waiting for information at the Jackson Hole Conference to predict interest rate trends in the coming time.
Continued decline, oil prices hit $80/barrel
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In the trading session on August 24 (Vietnam time), oil prices plummeted, fuel demand was relatively gloomy.
Oil prices continue to decrease as supply signals gradually improve
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In the trading session on August 23 (Vietnam time), oil prices decreased slightly, while the supply signal gradually improved.
Oil prices are affected by the world's two leading economies
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The first trading session of the week on August 21 (Vietnam time), oil prices were in the red. Domestic gasoline prices are expected to increase slightly by 100-700 VND/liter.
The biggest drop in oil prices since the beginning of 2023
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Concerns about China's slow economic recovery and the strengthening of the US dollar are the main factors that caused oil prices to suddenly increase sharply this week, experiencing the first week of price decline in 8 weeks. Overall, Brent and WTI oil prices have both decreased by nearly 3% for the whole week.