Gold price breaks out strongly, showing no signs of stopping
Although it has not yet returned to the historical peak of 3,500 USD/ounce set last month, gold prices have erased all of last week's declines and closed the weekend session above 3,300 USD/ounce, equivalent to an increase of 3% for the week.
What is of great interest is the strong fluctuations in gold prices. This week, the range ranges up to 6%. Last week it was nearly 5%, and last week it reached nearly 10%. Over the past 25 years, the average gold price fluctuations have been around 1-2% per day. This year, the figure has increased to 2.3%.
Increased volatility makes trading more difficult, but gold's long-term outlook is still reinforced by factors such as geopolitical instability, global public debt and the risk of escalating inflation. See more...
The number of records has decreased, people are still waiting for land procedures to be resolved
Securities have a bright start in the first week of May
The stock market experienced a positive trading week when recording an increase of 41 points after a long holiday. Positive developments have been recorded after the KRX system was officially put into operation.
Most stock industry groups in the market have shown recovery. In total, the VN-Index increased by 41 points compared to last week, equivalent to 3.34% to 1,267.3 points.
Market liquidity increased quite well, trading volume on weekdays was above average, showing improved sentiment and short-term cash flow increased again. For the whole week, the total trading value on the HOSE reached VND 85,822 billion.
Foreign trading is also a bright spot when buying net for 4/5 sessions. See more...
Investors propose 2 major projects in Dak Nong
According to a report by the Dak Nong Department of Finance, this unit is instructing investors to complete project investment proposal documents according to regulations.
Recently, the Department of Finance received a proposal to implement the Nui Tien 2 Fruit, Herb and purified Water Production and Processing Area Project in Dak Mil District. The proposed investor is Dak Nong Purified Water Company Limited.
Through the synthesis of opinions on appraisal of relevant units, the project dossier has some contents. In which the main problem of the project is not in accordance with Dak Mil urban planning.
Therefore, it is necessary to promptly update the project in the adjusted Dak Mil urban planning project (currently in the completion stage) and carry out procedures for approving the adjusted planning to serve as a basis for appraisal of the project's investment policy.
After the Investor completes the dossier and is in accordance with the Dak Mil urban planning, the Department of Finance will continue to appraise and advise the Provincial People's Committee according to regulations.
In addition, the Department of Finance also received the dossier of the Dairy Farm Project in Dak G'long District. See more...
