Gold prices plummet as cash flow returns to the market to take risks
The financial market has clearly shifted away from defensive positions on Tuesday, as traders poured into risky assets after Israel and Iran reached a ceasefire agreement, ending a 12-day military confrontation that has increased global geopolitical tensions.
The fragile ceasefire, which came into effect on Tuesday morning, initially faced many doubts as the two sides repeatedly accused each other of violations. US President Donald Trump intervened, and the deal was eventually strengthened as officials of the two countries reaffirmed their commitment to compliance, with conditions for appropriate response.
The market responded quickly and decisively, showing high confidence in the sustainability of the peace agreement. Gold futures have reversed sharply, trading about $60 lower than the closing price on June 13 - when Israel attacked Iran's nuclear facilities. See more...
Durian in the main crop, increase quality control to keep the billion-dollar market
In 2024, in exported vegetables and fruits, durian will maintain the championship position, contributing up to 3.3 billion USD, accounting for 46% of the total export turnover of the whole industry. China is the main consumer market, with 3.2 billion USD, accounting for 97% of Vietnam's total durian exports.
However, in the first 4 months of 2025, the total value of durian exports alone reached only 183 million USD, down 60.9% over the same period. The decline in the fruit king is said to be due to markets, especially China, tightening quality control, especially regulations on pesticide residues (such as O-ol, cadimi) and traceability.
According to Mr. Nguyen Quang Hieu - Deputy Director of the Department of Crop Production and Plant Protection (Ministry of Agriculture and Environment), as soon as it was first notified in March 2024, from China about cadimi, the Department of Crop Production and Plant Protection conducted many extensive and in-depth investigations. In addition, the Ministry of Agriculture and Environment sent a working delegation led by Minister Do Duc Duy to work with the Chinese side and achieved positive results. See more...
Da Nang is ready to operate the two-level local government from July 1
The Eastern Economic Corridor Project in Gia Lai is waiting for capital
The Eastern Economic Corridor project has a total investment of 1,325 billion VND. Of which, the central budget is 900 billion VND, the rest is 425 billion VND from the provincial budget.
This is a key infrastructure project of inter-regional connectivity, supported by the Central Government for Gia Lai province to implement in the period of 2021 - 2025.
According to the Gia Lai Provincial Construction Investment Project Management Board, the project implementation time is not much, while the Chu Pah District People's Committee has not yet accelerated the progress of handing over the construction site. See more...
