Unexpected forecast of gasoline prices in this week's operating session
The oil market saw a spike early in the week due to rising geopolitical tensions and oil production from OPEC+ not meeting expectations, according to analysts at ING. This increase continues to last, reflecting the market sentiment that is still dominated by uncertain supply-demand factors.
According to the Ministry of Industry and Trade, the world petroleum market in the recent management period (from May 15, 2025 to May 21, 2025) was affected by main factors such as: continued stress in the Middle East; increased US crude oil reserves; updated information on US tax policies on goods from trading partners... The above factors have caused world petroleum prices in recent days to fluctuate up and down depending on each commodity.
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 price adjustment period, retail prices of gasoline may increase. See more...
Beware of summer travel scams as demand for booking tours increases
During the summer, the demand for booking tours, air tickets, and hotels among people and tourists has increased sharply. At this time, scams are also increasingly sophisticated and complicated. Taking advantage of subjectivity and the desire to hunt for incentives, many subjects impersonate reputable travel companies to commit fraud, causing damage to consumers.
Ms. D.T.K.L (Thu Duc City) went online to find the fanpage of a famous travel company in Ho Chi Minh City to book a summer tour for her family.
"When I visited this page, I did not recognize it as a scam page because it was 99% the same as the real page, so I texted to get advice. The consultant was quite enthusiastic, they told me to transfer money in advance to deposit but to my personal account number. I felt suspicious so I asked more carefully, but after a few minutes, I was blocked and could not text again. After that, I researched carefully and found out that this was a fake page" - Ms. K.L shared.
Faced with this situation, travel businesses in Ho Chi Minh City have continuously issued warnings and recommended that people need to be vigilant and choose services intelligently and safely. See more...
Mobilizing traders in Quang Binh to return to normal business
Yen suddenly reverses direction
According to Lao Dong, on June 3, the Japanese Yen (JPY) suddenly weakened from a weekly low against the USD, in the context of the greenback recovering.
However, the JPY's decline is expected to not be too deep, due to expectations that the Bank of Japan (BoJ) will continue to pursue a monetary tightening policy.
Positive sentiment in global equities has weakened demand for safe-haven assets such as the JPY. See more...
