Yen unexpectedly increases after a series of days of decline
According to Lao Dong, on May 2, the Japanese Yen (JPY) recovered slightly against the US Dollar (USD) after hitting bottom in previous sessions. The main reason is that investors are temporarily waiting until the US non-farm Payrolls (NFP) report is released, causing JPY sales to slow down somewhat.
However, the Yen's gains are still limited by the dovish monetary policy of the Bank of Japan (BoJ).
According to FXStreet, the BoJ kept interest rates unchanged at 0.5% as expected and adjusted down its economic growth and inflation forecast for this year. See more...
Forecast of gasoline prices in the new week's operating period
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation.
China's Ministry of Commerce said that the US has recently taken steps to pave the way for dialogue with Beijing by communicating information through stakeholders.
Concerns that a wider trade war could plunge the global economy into recession and reduce oil demand as the OPEC+ group prepares to increase production have put great pressure on oil prices in recent weeks.
However, signals of the potential to reduce trade tensions between the United States and China - the world's largest crude oil importer - have supported the sentiment towards crude oil.
Oil prices have also been supported by the threat from US President Donald Trump to impose secondary sanctions on Iranian oil buyers.
ANZ bank analysts said in a note that the threat raised concerns about a narrower crude oil supply.
According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may increase. See more...
The final stage of the hundred-billion-dong social housing project in Thai Nguyen
Quang Ninh earned nearly 2,200 billion VND in 3 holidays
According to information from the Department of Culture, Sports and Tourism of Quang Ninh, from April 30 to May 2, tourism revenue in Quang Ninh province reached nearly VND 2,200 billion, 1.5 times higher than the same period in 2024. The total number of visitors to Quang Ninh is estimated at 800,000.
May 1, 2025 is the day with the largest number, partly due to Ha Long Carnival 2025, with about 320,000 visitors. Of which, the total number of overnight guests reached 134,000. International visitors reached 21,700. Total tourism revenue reached 880 billion VND.
On May 1, the number of visitors to Ha Long Bay was about 32,000 people, including more than 6,500 international visitors. This is a level only available on peak days during the tourist season. See more...
