Economy 24: Yen continues to weaken; Securities increase sharply

Phương Anh |

The Yen continues to weaken; Cash flows strongly into real estate stocks, stocks increase sharply... are notable economic news in the past 24 hours.

Yen continues to weaken

According to Lao Dong, on July 16, the Japanese Yen continued to depreciate against the US Dollar, pushing the USD/JPY exchange rate above the 149, the highest level since the beginning of April.

Dong Yen suy yeu khi USD/JPY vuot moc 149, nha dau tu lo ngai bat on chinh tri va rui ro thue quan truoc bau cu Nhat. Anh: Phuong Anh
The Yen weakened as USD/JPY surpassed the 149 mark, investors worried about political instability and tariff risks ahead of the Japanese election. Photo: Phuong Anh

The main reason comes from investors' reduced expectations that the Bank of Japan (BoJ) will soon raise interest rates, due to concerns that the Japanese economy will be affected by the US plan to impose higher taxes from August. See more...

Export-priced label, gardeners welcome the joy of the first season

Can Tho - These days, gardeners in Thoi Hung commune are busy harvesting the first batches of longan trees for export with the joy of a bumper harvest. Video: My Ly

Strong cash flow into real estate stocks, stocks increase sharply

In the trading session on July 16, the cash flow flowed strongly into the stock market in the afternoon session, focusing on large-cap stocks along with the net buying power of foreign investors, helping the market turn around and increase sharply.

Chung khoan nhanh chong tang diem tro lai sau phien dieu chinh. Anh: Le Toan
The stock quickly increased its score again after the adjustment session. Photo: Le Toan

Thus, after a "lost breath" session due to strong profit-taking pressure on July 15, the VN-Index returned to an impressive increase streak. The increased cash flow at the end of the afternoon session pushed the VN-Index up nearly 15 points at the end of the session on July 16, thereby returning to the peak of 1,475 points. The matched value on HoSE continued to reach an impressive figure of VND 27,473 billion (more than 1 billion USD). See more...

New adjustment after the 208,000 VND bread crop at Noi Bai airport

Informing Lao Dong Newspaper on July 16, a representative of Noi Bai airport said that the sales unit has made a new adjustment after the bread sale for 208,000 VND at the airport.

A representative of Noi Bai airport said that after checking, the product that attracted passengers was "Based pork cake" of the Bigbowl store at terminal T2.

This is a high-end product, using pork ingredients imported from Brazil, with full certification of origin and food hygiene and safety. The price offered is 7.8 USD (equivalent to 208,000 VND) which has been publicly listed by the store, clearly at the counter.

Hinh anh cac san pham banh mi tai Bigbowl. Anh: Dai dien San bay Noi Bai cung cap
Images of bakery products at Bigbowl. Photo: Provided by Noi Bai Airport representative

After this scandal, according to the representative of Noi Bai airport, the service unit, the Bigbowl store, has also made the following adjustments:

Clarify the information on the menu: Clearly state on the menu that this is a product using imported pork.

For example, if you don't drink, you can enjoy it as a combo, including a bread and a bottle of Dasani juice or free soft drinks. See more...

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Yen sets new record

Huyền Mai |

The Yen weakened as USD/JPY surpassed the 149 mark, investors worried about political instability and tariff risks ahead of the Japanese election.

24h Economy: Yen plummets, approaching record bottom

Phương Anh |

Yen plummets, approaching record low; Profit-taking pressure causes stocks to lose points... are notable economic news in the past 24 hours.

Yen is still heading towards a record

Mai Huyền |

The Yen is still struggling around a three-week low, heading towards a record weakness due to concerns about increased trade and low interest rates.