24h Economy: Gold prices increase, line up to buy

Phương Anh |

Gold prices increase, couples take turns waiting to buy; Pork prices recover; Japanese Yen exchange rate drops sharply... are notable economic news in the past 24 hours.

Gold price increases, couples have to queue up to buy

Although the gold price is at a high level, with the psychology of continuing to increase, many people are still rushing to buy. Video: PV Group

Pork prices recover, Soc Trang farmers confident in re-herding

Ms. Lam Thi Duoc, a household with 10 years of raising pigs in Trung Binh commune (Tran De district, Soc Trang province), shared: "Before the Lunar New Year, my family sold 10 pigs for 68,000 VND/kg. After deducting all expenses, each child earns about 2 million VND. Seeing the good price of pigs, I decided to use all the interest to immediately buy 10 breeding pigs to continue raising."

Gia heo duy tri o muc cao giup nguoi chan nuoi phan khoi tai dan. Anh: Phuong Anh
The high price of pigs helps farmers excitedly re-herd. Photo: Phuong Anh

According to Ms. Duoc, the price of live pigs this year has increased significantly, currently at 73,000 - 74,000 VND/kg (an increase of 14,000 - 24,000 VND/kg compared to the same period), bringing a profit of 2 - 3.5 million VND for each pig weighing about 100kg.

"This is a great motivation for my family to play again immediately. The herd of pigs has been around for 2 months now and is expected to be sold during the upcoming Lunar New Year. If the pig price remains the same as it is now, I estimate that each pig will make a profit 30% higher than last year" - Ms. Duoc excitedly calculated. See more...

Japanese Yen exchange rate drops sharply

According to Reuters, as of around 1:30 p.m. (Hanoi time), or 6:30 a.m. GMT, the USD/JPY exchange rate had dropped to 140.615 Yen/USD, marking the lowest level since September last year. The Yen's decline comes after Mr. Trump's announcement of applying a 25% tax rate to all imported cars, including from Japan - a sector considered a pillar of the country's export economy.

Ty gia Yen Nhat giam sau truoc cang thang thuong mai My - Nhat. Anh: Phuong Anh
The Japanese Yen exchange rate fell sharply due to US-Japan trade tensions. Photo: Phuong Anh

Although Japanese Prime Minister Shigeru Ishiba affirmed that Tokyo has no plans to terminate the US-Japan trade deal in 2019, he also expressed "deep concern" about the conflict between the commitments in the agreement and the new US tax policy. See more...

Hanoi issues new price framework for apartment building management and operation services

On April 21, the Hanoi People's Committee issued a decision on the price framework for apartment building management and operation services in the city.

According to the decision, 4 subjects of application are: State management agencies of housing in the city; investors of apartment building construction projects, apartment building management boards, apartment building management and operation units; owners and users of apartments; agencies, organizations and individuals related to the management and use of apartment buildings.

Ha Noi ban hanh khung gia moi ve dich vu quan ly van hanh nha chung cu. Anh: Hai Nguyen
Hanoi issues a new price framework for apartment building management and operation services. Photo: Hai Nguyen

In addition, the price range for apartment building management and operation services specified in this decision does not apply to the following cases: old apartment buildings belonging to public property that have not been renovated or rebuilt; social apartment buildings where students, students and workers are only allowed to live in a group of many people in one room; the price of apartment building management and operation services has been agreed upon at the apartment building conference or has been agreed upon in general on the price of apartment building management and operation services in the contract for buying, selling, renting, or leasing apartments or other separate units in the apartment building. See more...

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Gold price skyrockets, reason why stores sell in small drops

Phan Anh |

Gold prices have increased sharply but buying is still difficult. Many people in Hanoi have to queue early and are only allowed to buy 1-2 taels per person.

Gold prices soar, buy 1 tael and have to wait a whole month to get your hands on it

Phương Anh |

On April 21, gold prices continued to increase. In Hanoi, people still find it difficult to buy gold. Some people have to wait a whole month to receive gold after placing an order.

24h Economy: World experts predict that gold's increase has not ended

Phương Anh |

Unexpected forecast about gold prices; Forecast of gasoline prices to increase; Prices increase, suburban land owners are tired of finding buyers... are notable economic news in the past 24 hours.