Yen unexpectedly appreciates at the beginning of the week
According to Lao Dong, on June 16, the Japanese Yen (JPY) recovered somewhat from its previous decline, as the weak USD and increasing geopolitical factors forced investors to seek safe-haven assets. The USD/JPY pair fell to around 144.
The main reason supporting the Yen comes from expectations that the Bank of Japan (BoJ) will continue to aim for the normalization of monetary policy.
In the context of inflation in Japan tending to spread and be stronger than previously forecast, the BoJ is likely to keep interest rates unchanged at 0.5% at the policy meeting scheduled to take place today (Tuesday), but do not rule out the possibility of future interest rate increases.
At the same time, the BoJ is also considering a plan to cut half of Japan's government bond purchases from April 2026 - a clear sign of a shift to tighter policy. See more...
HCMC is about to build a bridge worth nearly VND6,300 billion connecting District 6 and District 8, reducing traffic congestion
Hundreds of unused million-dollar cosmetic bottles are thrown away in Da Lat
On June 16, hundreds of unused cosmetic bottles were discovered littering on Trinh Hoai Duc Street, Ward 11, Da Lat City, Lam Dong Province.
This incident has attracted the attention of local authorities and people.
According to information from the People's Committee of Ward 11 (Da Lat City), the authorities were present at the scene to check and make a record of handling this cosmetic of unknown origin.
At the scene, hundreds of products such as mixers, essential oils and hair conditioners were discovered, mixed into people's household waste. See more...
Starting construction of a golf course worth nearly VND2,000 billion in Quang Ninh
On June 16, the groundbreaking ceremony for the Uong Bi Golf Course Construction Investment Project took place in Uong Bi City.
Uong Bi Golf Course has a scale of 36 holes, on an area of 140 hectares, with a total investment of nearly 2,000 billion VND invested by Ha Long Bay Golf Course Investment Joint Stock Company. The project is being implemented in the Yen Trung lake area, in Phuong Dong ward and hereinafter Yen Tu ward.
The project consists of 3 phases, the first 18 holes are expected to be put into operation after 18 months from the date of construction; the entire project will be completed within 46 months. See more...
