Gold prices soar as USD weakens
The conflict that has broken out in the Middle East has once again prompted money to seek gold as a safe haven. Israel's initial attack triggered a sell-off in the stock market and pushed oil prices up. At the same time, safe-haven demand has pushed gold prices to their highest level since the record peak in April of $3,500/ounce. However, the biggest surprise was that bond yields and the US dollar remained almost unchanged.
The gold market ended the week up 3.7%, while the USD may end the week down 1%, trading at its lowest level in about three years.
The decline in the USD in the current context is really surprising. The US economy is often considered a stable support for the global economy. See more...
Dong Nai fines Nestle Vietnam, requests to revoke fake advertising products
Dong Nai Provincial Police have just signed a decision to administratively sanction and request the revocation of advertising products that are incorrect for Nestle Vietnam Co., Ltd. (address at No. 7, Street 17A, Bien Hoa 2 Industrial Park, An Binh Ward, Bien Hoa City).
Previously, Dong Nai Provincial Police received information with signs of the crime of "deceiving customers", which occurred at Nestle Vietnam Co., Ltd.
The Investigation Police Agency of Dong Nai Province Police and the People's Procuracy of Dong Nai Province agreed to include in the report according to Joint Circular 01/2021/TTLT-BCA-BQP-BTC-BNN and PTNT-VKSNDTC. See more...
Reclaiming 5.85 hectares of land, clearing 1,617 households to build a VND7,400 billion project in Ho Chi Minh City
Traders struggle with electronic invoices when returning goods, debt pillows
Mr. Pham Van Khoa - a fabric business owner near Tan Binh market shared: "Customers take 50-70 rolls of fabric at once, but when they do not like the sample, they return them and exchange them for another one. Sometimes the order will only be completed three days later. In these cases, I don't know how to make the invoices correctly".
In fact, at many traditional markets in Ho Chi Minh City, the situation of selling "knee debt" is very common. Transactions are based on reputation, customers get the goods in advance, and pay after one or a few days. The fact that goods are returned or samples are changed frequently makes traders still hesitant about making electronic invoices.
Ms. Thanh Lan (character's name has been changed) - a food seller at Binh Tay market shared: "I have learned how to make invoices, but when it comes to the section of canceling or adjusting invoices due to returning goods, I accept it. I am a trader, not an accountant like the company. If I do wrong and get fined, where will I get the payment money?". See more...
