Yen reverses to skyrocket
According to Lao Dong, on August 2, the Japanese Yen (JPY) recorded a strong increase of 2.22% in the last trading session of the week, marking a significant recovery after hitting a bottom for more than 4 months against the USD.
The JPY's rally was driven largely by increased safe-haven sentiment as US President Donald Trump signed a decree to impose higher tariffs on many major trading partners. This development raises new concerns about global trade tensions and makes investors seek defensive assets such as the Yen. See more...
Gold prices skyrocket, HCMC residents still line up to buy
Despite the sharp increase in prices, at many large gold stores in Ho Chi Minh City, selling pressure continues to overwhelm buying pressure. Recorded at a gold shop on Bui Huu Nghia Street, the number of customers coming to transact at gold shops was bustling.
Ms. Truong Hong Nhung (Go Vap ward) shared: "I know the price of gold is high but still decide to buy because I am afraid that tomorrow it will increase again. I had planned to buy it at the beginning of the week but hesitated, now seeing the price keep skyrocketing, I have to go to the shop.
However, buying plain gold rings at this time is not easy. Mr. Le Van Duc (Cho Lon Ward) shared that he had visited three gold shops in the area but all received the answer that there were no products. See more...
Surprised by the amount of E10 gasoline consumed on the first day of the pilot
PVOIL has opened sales of E10 gasoline since August 1 at 4 stores in Hanoi and 2 stores in Hai Phong. As of 24 hours on August 1, the amount of E10 gasoline consumed in Hanoi was 6,279 liters. Of which, Thai Thinh gas station was 1,362 liters; Nghia Tan gas station was 3,092 liters; Lien Ninh gas station was 1,529 liters and Chau Can gas station was 296 liters.
The amount of E10 gasoline consumed by PVOIL in Hai Phong is 3,400 liters, of which Thanh To gas station 1,200 liters and Tan Duong gas station 2,200 liters.
PVOIL listed the retail price of E10 gasoline on August 1 and 2 at VND19 600/liter; VND199/liter higher than E5 gasoline and VND240/liter lower than RON95 mineral gasoline. See more...
Concentrating on more than 200 livestock projects in Gia Lai
Currently, many enterprises in Gia Lai are committed to speeding up project progress, expanding the scale of operations, and raising livestock environmental standards - especially in the western area with large land funds.
The communes in the West of Gia Lai province currently have more than 200 investment projects in the livestock sector, with a total area of over 9,310 hectares and a total investment capital of VND 35,777 billion. Of which, more than 92 projects have been approved for investment by the Gia Lai Provincial People's Committee (formerly). Gia Lai aims to increase the total number of pigs to more than 2 million by the end of 2025, poultry to 20 million and cows to about 822,000. See more...
