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.
Oil prices may increase to $90/barrel in the coming months
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In the trading session on August 7 (Vietnam time), concerns about supply shortages continue to be a factor supporting oil prices to climb.
Continuously increasing for 6 weeks, oil prices approach the 86 USD/barrel mark
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In the trading session on August 5 (Vietnam time), oil prices continued to increase after the world's leading oil producers, Saudi Arabia and Russia, extended supply cuts until September.
Oil prices may increase to 88 USD/barrel
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In the trading session on August 4 (Vietnam time), the increase in oil prices was maintained in the context of tight supply and a shocking decrease in US oil reserves.
Oil prices plummet after reaching a 3-month high
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In the trading session on August 3 (Vietnam time), oil prices slid down as traders reduced risks after one of the three largest credit rating institutions in the US downgraded credit rating.
Reduced reserves push oil prices up
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In the trading session on August 2 (Vietnam time), US gasoline reserves fell sharply, "supporting" oil prices to increase. Domestically, yesterday afternoon, gasoline prices were adjusted to the highest increase of VND 1,171/liter.
Global supply tightens, oil prices exceed 85 USD/barrel
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The trading session on August 1 (Vietnam time), a sign of tightening supply, continued to push world oil prices up sharply, surpassing the mark of 85 USD/barrel. Domestic gasoline prices are expected to increase by a maximum of VND1,400/liter (kg).
World oil rises, domestic gasoline prices may reach 25,000 VND/liter
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In the first trading session of the week on July 31 (Vietnam time), Brent and WTI oil prices increased slightly. Domestic gasoline prices are expected to increase by about VND 1,000-1,400/liter (kg) in the operating period tomorrow afternoon (August 1).
Risk of recession decreases, oil prices exceed 84 USD/barrel
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trading session on July 29 (Vietnam time), concerns about a global recession eased after positive economic data pushed world oil prices to a 3-month high.
Japan's new monetary policy will untie the yen
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Experts expect the move to adjust the policy of controlling the yield curve from the Bank of Japan to help the yen gradually increase in price.
Supply shortage causes oil prices to reverse to increase by nearly 2%
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In the trading session on July 28 (Vietnam time), oil prices climbed, supported by scarce supply after OPEC+ cut production, new growth prospects for China's demand as well as global growth.
Increased interest rates cause oil prices to continue to decrease
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In the trading session on July 27 (Vietnam time), oil prices continued to plummet after the US Federal Reserve (Fed) increased interest rates by 25 percentage points.
Oil prices drop after hitting 3-month high
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In the trading session on July 26 (Vietnam time), world oil prices reversed and decreased after increasing to a 3-month high.
Exceeding 82 USD/barrel, world oil prices will increase in the second half of the year
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In the trading session on July 25 (Vietnam time), oil prices increased to a nearly 3-month high due to tight supply, increased demand and expectations of China's stimulus measures.
Demand optimism causes oil prices to continue to increase
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In the trading session on July 24 (Vietnam time), oil prices increased slightly in the context of the market expecting the US Federal Reserve (Fed) to soon stop raising interest rates and increased concerns about supply shortages in the coming months.
Oil price increases for the fourth consecutive week
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During the week, Brent oil prices increased beyond the 80 USD/barrel mark, WTI oil reached 77.07 USD/barrel. For the whole week, Brent oil prices increased by about 1.2%, WTI oil increased by nearly 2%.