24h Economy: Gold prices increase, purchasing power in Ho Chi Minh City still does not cool down

Phương Anh |

Gold prices increase, purchasing power in Ho Chi Minh City still does not cool down; Bank stocks revive, stocks increase sharply... are notable economic news in the past 24 hours.

Gold prices soar, purchasing power in Ho Chi Minh City continues to cool down

On August 26, at major gold stores in Ho Chi Minh City, the number of customers coming to trade continued to be bustling even though the gold price was at a high level. SJC Company limits the amount of gold sold to each customer by 1 SJC gold bar and 1 tael of gold ring.

Gia vang mieng trong nuoc dang o muc cao gan 128 trieu dong/luong. Anh: Ha May
Domestic gold bar prices are at a high level of nearly 128 million VND/tael. Photo: Ha May

Ms. Le Thu Ha (Ban Co ward) said that although the gold price is currently at a record high, she still decided to buy a little more to store. "I didn't buy much, just a few, mainly to make things for long-term savings. These past few days, seeing many customers, I was afraid of waiting a long time so I took the opportunity to go early" - Ms. Ha shared.

Meanwhile, Mr. Phan Minh Hoang (Dien Hong ward) said that he had to go to the store 3 times to buy 1 tael of gold bars. See more...

Bank stocks revive, stocks increase sharply

Opening the trading session on August 26, the market, after a few minutes of slight fluctuations, showed signs of recovery back to nearly 1,630 points thanks to the dominance of green on the electronic board. At the end of the trading session, the VN-Index expanded its momentum to more than 53 points, thereby reaching the threshold of 1,667.6 points. Liquidity decreased significantly compared to the previous few consecutive sessions, the trading value matched on HoSE was approximately VND35,000 billion.

Thi truong chung khoan tang manh sau hai phien dieu chinh. Anh: Le Toan
The stock market increased sharply after two adjustment sessions. Photo: Le Toan

The excitement also spread to the psychology of foreign investors. After a series of 13 consecutive net selling sessions, today foreign investors "turned around" to net buy 700 billion VND on the HoSE.

In terms of contribution level, the VN30 basket today ended the session with 30 stocks agreeing to increase prices, in which MWG, SSI, VHM and SHB increased the ceiling to further consolidate each increase of the main index. See more...

RON 95-III gasoline price forecast to exceed VND 20,400/liter

According to the Ministry of Industry and Trade, the world petroleum market this time (from August 14, 2025 to August 20, 2025) is affected by main factors such as: US crude oil inventories decreased more strongly than forecast; the military conflict between Russia and Ukraine continues... The above factors have caused world petroleum prices in recent days to fluctuate up and down depending on each commodity.

Du bao gia xang dau se dong loat tang tu khoang 360-510 dong/lit vao chieu 28.8. Anh: Hai Nguyen
Gasoline prices are forecast to increase from about 360-510 VND/liter on the afternoon of August 28. Photo: Hai Nguyen

According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may increase.

In particular, RON 95-III gasoline price is forecast to increase by about 360 VND/liter; E5 RON 92-II gasoline increases by about 400 VND/liter; Diesel increases by about 510 VND/liter. See more...

Khanh Hoa resolutely disburses 100% of public investment capital in 2025

According to the People's Committee of Khanh Hoa province, as of July 31, the total public investment disbursement capital in the whole province was VND 5,424.381 billion/12,851.128 billion VND, reaching 42.21% of the plan assigned by the Prime Minister.

However, if we add Decision No. 1566/QD-TTg dated July 19, 2025 of the Prime Minister on assigning additional development investment expenditure estimates for the Migration and Resettlement Project of Ninh Thuan nuclear power plant projects to VND 3,236 billion, the disbursement rate will only reach 33.72%.

Du an duong ven bien 2.000 ti o Khanh Hoa giai ngan dau tu cong thap do vuong mat bang. Anh: Phuong Linh
The 2,000 billion VND coastal road project in Khanh Hoa has low public investment disbursement due to land clearance problems. Photo: Phuong Linh

Investment disbursement is still low, mainly due to slow site clearance.

Determining this as one of the key bottlenecks, the People's Committee of Khanh Hoa province has established a Steering Committee to handle difficulties in site clearance for key and dynamic projects in Khanh Hoa province. See more...

Phương Anh
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Gold prices hold steady thanks to expectations of FED cutting interest rates, silver runs out of steam due to pressure from China

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Gold prices are anchored high thanks to expectations of a Fed rate cut and a weakening of the USD. Meanwhile, silver is losing its upward momentum ahead of China's new policy.

Gold price nearly 128 million VND/tael, purchasing power in Ho Chi Minh City has not cooled down

HẠ MÂY |

HCMC - Although the price of SJC gold bars in HCMC has increased to nearly 128 million VND/tael, many people still buy them.