24h Economy: Gold price drops sharply, people line up to buy

Phương Anh |

Gold price drops, many people are looking to buy; Coffee price drops; Seasonal workers have stable jobs from agricultural cooperatives... are notable economic news in the past 24 hours.

Gold ring price drops, many people continue to buy

According to Lao Dong reporter on February 12, the price of plain round gold rings and gold bars in the country has decreased sharply. In Hanoi, many people continue to choose to go to gold shops to buy gold rings.

Ms. Pham Mai Chi (Hoan Kiem district) - a customer who came to buy gold rings at a store on Tran Nhan Tong street (Hanoi) - said: "The price of gold today is a little lower than a few days ago, I plan to buy 2 to 3 taels of rings. However, the store has not announced when it will be sold, so I am still waiting."

Ngay 12.2, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On February 12, the price of gold rings dropped sharply, many people went to jewelry stores in Hanoi to buy. Photo: Phuong Anh

Similarly, Mr. Nguyen Hung Quang (Dong Da district, Hanoi) said: "Buying gold rings at this time is very difficult due to the large number of people waiting. Many stores also limit the quantity sold and do not clearly announce the opening time.

Today, I came early but still haven't seen them selling gold rings. If anyone wants to come and sell, they can go into the store to trade, no need to queue". See more...

Seasonal workers have stable jobs from agricultural cooperatives

Tra Vinh - A cooperative in Chau Thanh district creates stable jobs and high income for seasonal workers, reducing unemployment in the locality. Video: Hoang Loc

Coffee prices suddenly dropped

On February 12, domestic coffee prices decreased slightly by VND 200/kg, reflecting the general adjustment trend of the international market:

Dak Lak, Gia Lai: 130,800 VND/kg, down 200 VND/kg.

Lam Dong: 129,800 VND/kg, down 200 VND/kg.

Dak Nong: 131,000 VND/kg, unchanged.

Gia ca phe the gioi ngay 12.2: Arabica giam manh, Robusta dieu chinh nhe. Anh: Vu Long
World coffee prices on February 12: Arabica fell sharply, Robusta slightly adjusted. Photo: Vu Long

According to experts, domestic coffee prices have slightly decreased due to the impact of the world market, when Arabica prices on the New York floor decreased by more than 3.5%. However, domestic supply is still limited, helping prices remain high.

The Ministry of Industry and Trade forecasts that Vietnam's coffee exports in February may decrease slightly compared to the previous month, but the value will remain high due to the peak in global coffee prices. See more...

17 projects invest 343 million USD in industrial parks in Binh Duong

According to the report of Binh Duong Industrial Parks Management Board, in January 2025, the province attracted 343 million USD, an increase of 790% over the same period, reaching 28.3% of the 2025 plan.

Of which, 9 new projects were granted with an investment capital of 20.7 million USD. Notable newly granted projects include: a project to produce wooden doors with an investment capital of about 1.5 million USD in Bau Bang Industrial Park; a project to produce toothbrushes and cotton swabs with an investment capital of more than 2 million USD in VSIP Industrial Park...

Nhieu du an dang trien khai xay dung nha may de to chuc san xuat trong cac khu cong nghiep. Anh: Dinh Trong
Many projects are underway to build factories to organize production in industrial parks. Photo: Dinh Trong

In addition, there are 8 projects with increased capital of 322.6 million USD. Notably, the tire manufacturing and rubber processing projects increased by 270 million USD to the factory in My Phuoc 3 Industrial Park; the project to process fresh liquid milk, sterilized milk, and sterilized milk with a total investment of about 40.2 million USD in VSIP II-A Industrial Park... See more.

Phương Anh
TIN LIÊN QUAN

China's new move supports global gold prices

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China has allowed insurance companies to invest in gold, opening up a new cash flow channel that could reach $27.4 billion. The move is expected to support gold prices.

Gold ring price drops, many people continue to buy

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Today (February 12), domestic gold prices fell sharply. In Hanoi, people's demand for buying gold rings did not decrease, many people patiently waited to be able to buy.

Gold prices are dancing, the buying and selling gap continues to widen

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Domestic gold prices are fluctuating strongly, especially after the God of Wealth day. Trading units are widening the gap between buying and selling prices.

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China's new move supports global gold prices

Phan Anh (Theo Kitco) |

China has allowed insurance companies to invest in gold, opening up a new cash flow channel that could reach $27.4 billion. The move is expected to support gold prices.

Gold ring price drops, many people continue to buy

Phương Anh |

Today (February 12), domestic gold prices fell sharply. In Hanoi, people's demand for buying gold rings did not decrease, many people patiently waited to be able to buy.

Gold prices are dancing, the buying and selling gap continues to widen

Phan Anh |

Domestic gold prices are fluctuating strongly, especially after the God of Wealth day. Trading units are widening the gap between buying and selling prices.