Yen reverses continuously
According to Lao Dong, on June 13, the Japanese Yen (JPY) continued to weaken compared to the peak of more than a week before against the US Dollar (USD), pushing the USD/JPY exchange rate to a new high for the day, around 143.75.
The main reason is that the market predicts that the Bank of Japan (BoJ) will keep the standard interest rate unchanged at 0.5% at its meeting next week. However, investors still believe that the BoJ will not abandon the roadmap for normalizing monetary policy, especially in the context of expanding domestic inflation. See more...
A series of supermarkets in Ho Chi Minh City are deserted, kiosks are closed, stalls become warehouses
Visit Tan Binh market (Tan Binh district, Ho Chi Minh City) in mid-June, the business atmosphere at the famous wholesale market in Ho Chi Minh City is unusually quiet. Right from the entrance to the cage house, many stalls were covered with tarpaulins and dust, showing that they had not been operating for a long time.
According to many traders, the main reason is due to sluggish business and a sharp decrease in the number of customers, making it impossible for many people to bear the rental costs.
"If you can't sell for much, you still have to pay for the site and electricity and water. If they do not meet the inspection, it will be even more troublesome, so many people have been temporarily off for a few months now. I also went up to get the goods to send to customers at home, but I didn't open them all day" - Ms. L.T.H - a clothing trader at Tan Binh market shared. See more...
Hanoi discovers a warehouse of cosmetics and functional foods of unknown origin
Becamex - Deo Ca consortium wins bid for Ho Chi Minh City Ring Road 4 project worth 11,743 billion VND
The People's Committee of Binh Duong province has approved the results of selecting investors to implement the Ho Chi Minh City Ring Road 4 Construction Investment Project.
According to the decision, the winning investor of the project is the consortium of Industrial Investment and Development Corporation - JSC (Becamex IDC), Technical Infrastructure Development Joint Stock Company (Becamex IJC) - Deo Ca Group Joint Stock Company.
The investment project to build Ho Chi Minh City Ring Road 4, Thu Bien Bridge - Saigon River section (phase 1) passes through Tan Uyen city, Ben Cat city, Bac Tan Uyen district, Binh Duong province.
The project is implemented under the form of Construction - Business - Transfer (BOT), with a total investment of VND 11,743 billion. See more...
