Yen continues to fall to record low
According to Lao Dong, on September 25, the USD/JPY pair increased to nearly 148.80, the highest level in three weeks, thanks to the USD strengthening against the Japanese Yen.
The main reasons come from the wave of risk concerns in the global financial market and the cautious stance of the US Federal Reserve (FED).
On September 23, FED Chairman Jerome Powell said the central bank needs to continue to balance the risk of high inflation and a weak job market in upcoming decisions. See more...
Thanh Hoa will temporarily suspend exit for many business owners
On September 25, Thanh Hoa Provincial Tax Department publicly announced that it will apply temporary exit suspension measures to 47 individuals who are directors, business owners and taxpayers in the area due to failure to fulfill financial obligations to the State.
The list includes Ms. Le Thi Lien - Sunflower Tourism Trading Company Limited; Mr. Le Anh Tuan - Dai Viet Investment and Trading Joint Stock Company; Mr. Le Dinh Thong - Thinh Phuc Group Company Limited.
Mr. Nguyen Van Tam - Thanh Hoa T&T Construction Company Limited; Mr. Do Manh Hung - Ha An Phat Service and Trading Company Limited; Ms. Nguyen Thi Quang - Royal Company Limited - NTV. See more...
Da Nang moon cake market is gloomy, purchasing power decreases sharply
According to records, many large streets such as Le Duan, Hung Vuong, Nguyen Van Linh, Dien Bien Phu or September 2 Street have moon cake stalls that are splendidly built and displayed for sale. However, the buying and selling scene is still deserted, consumption is not as vibrant as expected.
This year's cake prices tend to increase slightly, ranging from 60,000 - 90,000 VND/traditional baked and sticky rice cake. Special, high-end lines of big brands cost from 500,000 VND to 5 million VND/box.
Many customers have not yet decided to deposit money, most of them want to wait until the full moon. "Every Mid-Autumn Festival, I buy cakes to worship ancestors and give to relatives. I usually buy them close to the full moon, said Ms. Nguyen Thi Dung (Hoa Xuan Ward). See more...
The stock market may be upgraded in October
At the 2025 Extraordinary General Meeting of Shareholders (GMS) of SSI Securities Corporation (Code: SSI) held on the afternoon of September 25, in a dialogue with shareholders, Mr. Nguyen Duy Hung - Chairman of the Board of Directors of SSI gave a forecast on the upgrading results of FTSE.
Mr. Hung said: "The results of whether or not to upgrade are like a report on market health. In my opinion, the market may receive the upgrading result in early October, with a probability of over 90%. However, the upgrade is not a miracle, but there are many goals to strive for, such as meeting MSCI's criteria".
Regarding participating in opening a digital asset exchange, Mr. Hung said that SSI cannot stand outside any new financial trend. See more...
