Forecast of gasoline prices in today's operating session
Forecasting domestic gasoline prices, Mr. Doan Tien Quyet - data analysis expert of VPI - said that retail price of E5 RON 92 gasoline may decrease by VND451 (2.3%) to VND19,149/liter, while RON 95-III gasoline may decrease by VND403 (2%) to VND19,667/liter.
VPI's model also predicts that retail oil prices will decrease in this period, specifically, diesel may decrease by 4% to VND18,046/liter, kerosene may decrease by 3.9% to VND17,929/liter, and mazut may decrease by 2.3% to VND15,280/kg.
VPI forecasts that the Ministry of Finance - Industry and Trade will continue not to set aside or use the Petroleum Price Stabilization Fund this period. See more...
Gold rings in Ho Chi Minh City are popular amid price fluctuations
Recorded at some large gold shops in Ho Chi Minh City, the number of customers trading is quite busy. The demand for buying 1-5 plain gold rings is only increasing. Many stores said that plain gold rings are popular because they are easy to buy, easy to sell, have high liquidity and are less discounted when reselling.
Mr. Le Van Hung (residing in Thanh My Tay ward) shared: I often buy gold rings to store instead of saving in the bank. Buying type 1 - 2 is just to make it easy to handle when needed, while preserving long-term value. However, this type of gold is not always available, it is necessary to have someone sell it before the store can sell it to me". See more...
Strong cash flow into stocks despite profit-taking pressure
In the trading session on August 13, the stock market continued to maintain its upward momentum from the beginning of the session to test the short-term resistance level of 1,610 points. At times, this threshold has been conquered and towards a stronger resistance level at 1,620 points.
When entering the price range of 1,615 - 1,620, profit-taking pressure occurred simultaneously in almost all large and small stocks. At one point, the VN-Index decreased by nearly 28 points, from an increase of nearly 9 points to a decrease of more than 19 points, down below 1,590 points.
However, many investors took advantage of fluctuations to get into the market, cash flow continuously flowed strongly, so the transaction took place vibrantly and helped the market reverse to increase points at the end of the session. See more...
African inflammation is complicated, people are cautious when buying pork
At major traditional markets in Hung Yen province such as Pho Hien market (Pho Hien ward), Dau market (Hong Chau ward), the purchasing power of pork has tended to decrease in recent days. The cause comes from people's concerns about information about African swine fever appearing in many localities in the province.
On the morning of August 13, at Pho Hien market, people were cautious when buying pork, many people asked for details about the origin of the meat before buying.
Ms. Nguyen Thi Phuong, a long-time trader at the market, said: "Since the beginning of the week, the amount of meat I have sold has decreased significantly. Buyers ask very carefully about the origin of the meat, then choose to buy chicken, fish or shrimp". See more...
