24h Economy: Yen reverses to increase after a series of days of decline

Phương Anh |

The Yen reversed to increase after a series of days of decline; Waiting from morning to afternoon without being able to buy 1 tael of gold... are notable economic news in the past 24 hours.

Yen reverses to increase after a series of days of decline

According to Lao Dong, on October 14, the Yen (JPY) recovered slightly thanks to signals that the Japanese government may intervene to prevent the currency from continuing to depreciate.

Dong Yen tang nhe nho lo ngai chinh phu can thiep. Anh: Phuong Anh
The Yen increased slightly due to concerns about government intervention. Photo: Phuong Anh

Japan's Finance Minister Katsunobu Kato said he had observed "one-sided and rapid" fluctuations in the foreign exchange market, while emphasizing that the national currency needs to move stably, accurately reflecting the economic situation. This statement immediately raised expectations that Tokyo could act to support the Yen. See more...

Gold price increases, waiting from morning to afternoon to not be able to buy 1 tael

According to Lao Dong reporters on October 14, many people went to jewelry stores on Tran Nhan Tong Street and Cau Giay Street to buy gold.

Although it has been early in the morning, many people still have to leave empty-handed when stores have temporarily stopped selling or only issued limited purchase vouchers.

Hang dai nguoi cho mua vang tu sang som khi nghe gia vang tang. Anh: Thuy Van
Long lines of people waited to buy gold from early morning when they heard the gold price increased. Photo: Thuy Van

At Bao Tin Minh Chau store (Cau Giay - Hanoi), Mr. Nguyen Tuan Hai (Yen Hoa ward, Hanoi) said he had been present since 5am but had not yet been issued a purchase voucher by the end of the day. He shared: "I lined up very early but until 5:00 p.m. the store still couldn't issue a voucher." See more...

Notable statements of Shark Binh about his business philosophy before being arrested

Shark Binh - businessman Nguyen Hoa Binh, Chairman of NextTech Group - once attracted attention with a series of frank statements, bearing a strong personal mark on entrepreneurship, leadership and enrichment philosophy. Before being prosecuted and temporarily detained, he often had livestreams, sharing about leadership thinking, business and life values.

Shark Binh trong chuong trinh Shark Tank Viet Nam. Anh: TVHUB
Shark Binh in the Shark Tank Vietnam program. Photo: TVHUB

On October 6, just a few days before being arrested, Shark Binh still appeared in a livestream lasting about 90 minutes with the theme "Leadership thinking in times of change". At the beginning of the conversation, he asked: "What is leadership, and does leadership role need to be played?", then answered himself that everyone is a leader - first of all, a leader of oneself.

According to Shark Binh, "the biggest enemy in human life is yourself". This businessman believes that a successful person is someone who controls himself and is capable of leading himself before leading others. See more...

Proposal to bid for investment in Long Son Solar Power Plant Phase 2 with a capital of VND1,700 billion

On October 14, the People's Committee of Khanh Hoa province announced that it had just submitted a document to the Provincial People's Council on promulgating a Resolution approving the list of land plots to be bid to select investors for the Long Son Solar Power Plant project - Phase 2 in Bac Ninh Hoa commune, Ninh Hoa town.

Accordingly, the approval of this Resolution by the Provincial People's Council will be the basis for the Provincial People's Committee to approve the project investment policy in the form of bidding to select investors, and at the same time organize invitations for interest and implement bidding according to legal regulations.

Hinh anh du an Dien mat troi Long Son giai doan 1. Anh: Huu Long
Image of Long Son Solar Power Project Phase 1. Photo: Huu Long

The Long Son Solar Power Plant Project - Phase 2 has an area of about 102.2 hectares, a total investment of VND 1,700 billion, a designed capacity of 100MW, connected to the Van Phong 220kV Transformer Station on the basis of taking advantage of the existing connection infrastructure of Phase 1. See more...

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