Gold prices hit new peak thanks to expectations of FED cutting interest rates, USD weakens
Gold prices rose to a record high in the trading session on Tuesday, extending their increase streak to the sixth session thanks to the weakening of the USD and growing expectations of the US Federal Reserve (FED) cutting interest rates this month.
Kyle Rodda, a financial market analyst at Capital.com, said: The weak economic context and expectations of a Fed rate cut are boosting the precious metal. In addition, there is a prolonged crisis of confidence in US dollar-denominated assets attacked by US President Donald Trump on the independence of the Fed.
Over the past few months, US President Donald Trump has repeatedly criticized the Fed and Chairman Jerome Powell for not cutting interest rates, and has recently attacked the cost of renovating the Fed headquarters in Washington. See more...
Ho Chi Minh City tourism earns more than 4,100 billion VND on September 2 holiday
According to records, during the September 2 National Day holiday, tourist attractions and entertainment areas in Ho Chi Minh City attracted a large number of tourists. Central streets, shopping malls, and restaurants are bustling with customers, creating a bustling and bustling picture of festival colors throughout the city.
Initial statistics from the Ho Chi Minh City Department of Tourism during the 4 holidays (August 30 - September 2), visitors to tourist attractions and entertainment areas in the city are estimated at about 1,450,000; international visitors to the city are estimated at about 45,600.
The number of guests staying at the accommodation facilities is estimated at 300,000. The room occupancy rate is estimated at about 87%. Tourism revenue is estimated at VND 4,140 billion. See more...
Billion-dollar border gate in Lao Cai cleared for 2,115 cargo vehicles during the holiday
Mr. Pham Van Phuc, Deputy Head of Lao Cai Border Gate Customs Team, said that with the spirit of maximum support for the import and export of goods of the enterprise, the unit arranged civil servants to be on duty, ensuring customs clearance of goods during the National Day holiday on September 2, lasting 4 days, throughout the day as usual.
According to records, during this year's holiday, the number of import-export vehicles has increased compared to last year, with over 500 vehicles completing customs clearance procedures every day.
Thus, during the 4 holidays, 2,115 cargo vehicles were cleared, of which 230 were exported and 1,885 were imported. See more...
E10 gasoline consumption after 1 month of piloting
According to a representative of the Vietnam Oil Corporation (PVOIL), as of August 27 - at the pilot gas stations, customers are familiar with the new product, E10 RON95 gasoline.
"The number of customers buying this item remains stable as when buying E5 RON92 gasoline. From August 1 to August 27, 2025, the sales of E10 gasoline at PVOIL Hanoi and PVOIL Hai Phong gas stations both recorded a rate of 15% compared to the total gasoline sales" - PVOIL informed.
Following the pilot program of producing and distributing E10 RON95 gasoline in Hanoi and Hai Phong, PVOIL has completed procedures to mix and distribute E10 RON95 gasoline in the Central region. See more...
