Forecast of oil price fluctuations in the next management period
World oil prices continued to decline sharply in the last session of the week. The market continues to be affected by weak economic data from China. The country's industrial output fell to an 8-month low, while retail sales rose the slowest since December 2024. This puts pressure on investor psychology.
According to the Ministry of Industry and Trade, the world petroleum market will be affected by main factors such as: The US postpones the application of higher tax policies on Chinese imports; The President of the United States and the President of Russia are expected to meet to discuss the end of the conflict in Ukraine... The above factors have caused the general trend of world petroleum prices in recent days to decrease.
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next adjustment period, retail prices of gasoline may adjust in opposite directions in the direction of increasing gasoline prices and decreasing oil prices. See more...
Securities flourish, foreign investors still sell strongly
The stock market has gone through an emotional trading week. VN-Index increased a series of 4 consecutive sessions at the beginning of the week and turned around to adjust in the last session of the week to close at 1,630 points, equivalent to an increase of 45 points (+2.8%) compared to the end of the previous week.
Trading liquidity last week continued to be raised to a new level with an average value of about VND47,500 billion/session, an increase of about 5% compared to the previous week.
Regarding the trading value of foreign investors, this group of investors continued to net sell thousands of billions of VND, the value gradually increased towards the end of the week. Accumulated to 5 sessions, foreign investors net sold more than VND 8,435 billion in the whole market. See more...
HCMC spends nearly 400 billion VND on the project to relieve congestion at the Northwest gateway
Hundreds of container trucks pour in, the durian capital Dak Lak is busy during the export season
These days, on National Highway 26 (Dak Lak), the image of hundreds of container trucks waiting to receive goods has become familiar.
Bustling atmosphere covers the entire area as means of transport are constantly moving, signaling that the durian harvest season is approaching.
The trucks packed with sweetly fragrant fruits not only make the road more crowded but also bring hope for a successful crop for farmers here.
Mr. Le Duc Ha - owner of Ha Nu durian farm in Krong Pac commune - said that he is busy preparing for the harvest. See more...
