KRX system operated stably and safely on the first day
On May 5, 2025, the new information technology system ( KRX System) officially came into operation on the entire Vietnamese stock market. This is the result of cooperation between KRX Contractor, Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), Vietnam Securities Depository and Clearing Corporation (VSDC) and market members.
According to information from HOSE, at exactly 9:00 a.m., the system successfully "go-live", connecting smoothly and operating stably and safely. In the morning session, only 2 securities companies that needed support for data comparison and the incident were handled promptly. Stakeholders will continue to coordinate closely in the initial stage to ensure the system operates effectively. See more...
Coffee and rubber exports skyrocket in early 2025
Gasoline prices simultaneously turn down
In the adjustment session on May 5, the price of E5 RON 92 gasoline decreased compared to the previous adjustment period, at VND 19,154/liter (down VND 84/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, at VND19,586/liter (down VND52/liter).
Prices of oil products have decreased simultaneously. Of which, diesel 0.05S is priced at VND 17,359/liter (down VND 165/liter); kerosene has a new price of VND 17,564/liter (down VND 151/liter); mazut is priced at VND 16,198/kg (down VND 326/kg). See more...
The shopping paradise of the past in Ho Chi Minh City is now deserted
Visiting Hanh Thong Tay market after 2 years, Ms. Thuy Thao (living in District 12) could not help but be surprised by the desolation of the once famous market. Previously, the parking lot of this market was often full and had to be parked outside. The market has also expanded 4-5 routes but is now narrowing, and many stalls have been cleaned before 9pm" - Ms. Thao said.
According to Lao Dong, the entrances to the market are airy, and many kiosks also have signs hanging over the stalls. Traders also hung discount signs, buying 2 and giving 1 to customers to attract customers. However, purchasing power is still low.
Customers have decreased by about 60-70% compared to before the COVID-19 pandemic. Partly because the shopping trend on social networking platforms is increasing, partly because customers are frugal in spending" - Mr. Thanh Hung, a trader at Hanh Thong Tay market shared. See more...
