Gold prices soar ahead of US economic data
The latest data from the US Department of Labor shows that the number of initial unemployment claims in the week ended March 22 fell to 224,000, lower than the forecast of 225,000.
This figure continues to strengthen the recovery of the US labor market, as the number of unemployed people shows signs of decreasing slightly. However, data on unemployment claims still shows that some issues in the US labor market have not been completely resolved.
This positive data on employment has helped gold prices continue to maintain their upward momentum. The gold market continues to react strongly to economic data, showing the uncertainty of the economy and causing investors to seek safe assets such as gold.
In general, economic data from the US in February and the fourth quarter of 2024 showed signs of optimism, but not strong enough to prevent gold's price increase. Concerns about the global economy, high interest rates and an uncertain employment situation continue to boost demand for gold as a safe asset. See more...
Raising eligible for eggs in saline areas
With the super attractive profits from raising eel for eggs, many households in Mang Thit district, Vinh Long province have been continuing to switch to this model. How to do expected not only contributes to improving the family economy, but also responds to the increasingly alarming salinity intrusion in the West.
Mr. Nguyen Tan Loc's family in Chanh An commune is an example. He said that he started raising eel for eggs about 6 years ago, since the first days of saltwater intrusion into the locality.
Thanks to learning from the experience of previous farmers, Mr. Loc knows how to use natural saline water to reduce the cost of disinfecting ponds, saving 2 million VND/month for an area of nearly 1ha. Through each harvest, Mr. Loc's family has gradually escaped the precarious situation, now having an income ten times higher than growing rice.
"The price of eel eggs at peak was nearly 30 million VND/kg, while at present the selling price is from 17 - 20 million VND/kg. harvested twice a month, each time 1,000m2 yielded 1.5 - 2kg of eel eggs" - Mr. Loc said. See more...
Assessment of the land market with great investment potential
5-star hotel, 1,005 rooms in Ha Long stop operating
The business unit and operator of 5-star hotel The Best Western Premier Sapphire Ha Long has just announced that this hotel will officially stop operating from April 1, 2025 but did not give a reason.
As of the morning of March 28, the hotel still welcomes guests to book rooms, but only welcomes guests until March 31, 2025.
The Best Western Premier Sapphire Ha Long, located on the shore of Ha Long Bay, in Hong Gai Ward, Ha Long City, is a hotel that provides a full range of services according to the standards of the international hotel group Best Western. 1,005 rooms of the hotel all have their own balconies, with a panoramic coverage of the city and Ha Long Bay, so they are always loved by tourists. See more...
