24h Economy: Yen falls freely, approaching record bottom

Phương Anh |

Yen falls freely; Many people in Ho Chi Minh City are not interested in E5 RON 92 biofuel... are notable economic news in the past 24 hours.

Yen falls freely, approaching record bottom

According to Lao Dong, on July 18, the Japanese Yen (JPY) continued to decline against the USD, remaining near its lowest level in more than three months as the market increasingly believed that the Bank of Japan (BoJ) would not raise interest rates this year.

Dong Yen giam gia, giu gan day 3 thang truoc bau cu Thuong vien Nhat, khi BoJ duoc du doan se chua tang lai suat nam nay. Anh: Phuong Anh
The Yen depreciated, holding near a 3-month low before the Japanese Senate election, as the BoJ was expected not to raise interest rates this year. Photo: Phuong Anh

In addition, the optimistic sentiment of the global market has also reduced the need for shelter in the Yen, despite Japan's release of new inflation data. See more...

The quintessence of the hundred-year-old fish sauce craft village in Ninh Binh

Ninh Binh - Famous for hundreds of years for making handmade fish sauce, Sa Chau fish sauce product (Giao Hung commune) has its own characteristics. Video: Ha Vi

Many people in Ho Chi Minh City are not interested in E5 RON 92 biofuel

At many gas stations in Ho Chi Minh City, E5 gas pumps are often "unsatisfied", while RON 95 gasoline or DO oil are still regularly bought and sold.

Ms. Le Thanh Hoa (residing in Nhieu Loc ward) - who goes to work by motorbike every day said that she used to use E5 gasoline but now "does not pay attention" because the gas station near her home mainly sells RON 95. "The price between RON 92 and RON 95 is not much different, so I don't care which one to choose" - Ms. Hoa said.

Nguoi dan chu yeu su dung xang RON 95. Anh: Le Chan
People mainly use RON 95 gasoline. Photo: Le Chan

Sharing the same opinion, Mr. Tran Van Hoang (technology driver, living in Vuon Lai ward) shared: "I often fill up RON 95 gasoline because I see the car running more strongly and stably. I have heard that E5 gasoline is environmentally friendly, but my car drives continuously every day, if it does not ensure capacity, it will easily spoil and cost early maintenance costs". See more...

Mineral company in Lao Cai suspended for 4.5 months, fined 320 million VND

On July 18, information from the People's Committee of Lao Cai province, the unit has just issued a document to sanction administrative violations against Vietnam Green Energy Mineral Joint Stock Company headquartered in the Southern Industrial Park, Van Phu commune, Yen Bai city, Yen Bai province (now Van Phu ward, Lao Cai province).

Cong ty Co phan khoang san Nang luong xanh Viet Nam bi UBND tinh Lao Cai xu phat 320 trieu dong. Anh: Cong thong tin Lao Cai
Vietnam Green Energy Mineral Joint Stock Company was fined VND320 million by Lao Cai Provincial People's Committee. Photo: Lao Cai Information Portal

Accordingly, the Chairman of Lao Cai Provincial People's Committee fined Vietnam Green Energy Mineral Joint Stock Company 320 million VND for the company's administrative violation: Not having an Environmental License for a project subject to an environmental license as prescribed.

In addition, this enterprise was suspended from operation of the waste generating source without an environmental license of the Yen Bai Black Stone Processing Factory, White stone powder and Green Energy Suppressor Project under Vietnam Green Energy Mineral Joint Stock Company for a period of 4.5 months. See more...

Phương Anh
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Huyền Mai |

The Yen depreciated, holding near a 3-month low before the Japanese Senate election, as the BoJ was expected not to raise interest rates this year.

24h Economy: More proposals to tighten regulations for business households

Phương Anh |

More proposals to tighten business households; Securities increase sharply; Ho Chi Minh City fines Chagee milk tea company 60 million VND... are notable economic news in the past 24 hours.

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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.