In the coming operating period, RON 95-III gasoline price is forecast to decrease by 550 VND/liter
World oil prices are currently trading at a low level after consecutive price declines.
According to the Ministry of Industry and Trade, the world petroleum market will be affected by main factors from July 31, 2025 to August 6, 2025, such as: updated information on US tax policies on imported goods from trading partners; OPEC+ decided to increase oil production in September; The military conflict between Russia and Ukraine continues... The above factors have caused world petroleum prices in recent days to fluctuate depending on each commodity.
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 decrease simultaneously.
In particular, the price of RON 95-III gasoline is forecast to decrease by about 400-550 VND/liter; E5 RON 92-II gasoline decreases by about 400-500 VND/liter; Diesel oil decreases by about 650-800 VND/liter. See more...
Goods with blue Tick attract customers in Ho Chi Minh City
Bauxite mine of more than 400 hectares is about to form in Cao Bang
On August 8, the People's Council of Cao Bang province, term XVII, 2021-2026, held the 35th Session (special session), approving 9 resolutions and 2 reports on socio-economic development.
At the meeting, the Provincial People's Council approved the Resolution on the list of projects and works requiring land acquisition in 2025 (supplemented in phase 2), including the Bauxite Tang Ra Mineral Mineral Exploitation and Exploitation Investment Project.
Phase 1 of the project in Thanh Long commune plans to reclaim 400.62 hectares of land, including 1.46 hectares of rice land, 300.27 hectares of protective forest land, 3.25 hectares of production forest land and 95.64 hectares of other land. See more...
Experts make surprising predictions about gold prices this week
The weekly gold survey of an international financial information platform shows that industry experts have returned to a strong state of optimism, while individual investors still maintain a positive view on the short-term prospects of gold.
Accordingly, 10 analysts participating in the gold survey with Wall Street buyers regained their advantage after the fluctuations and solid increase in gold prices last week.
Six experts (equivalent to 60%) predict gold prices will continue to increase this week; only one (10%) predicted prices to decrease. The remaining three analysts (accounting for 30%) predict that gold prices will move sideways.
Meanwhile, Kitco's online survey received 188 votes, with the majority of Main Street investors remaining optimistic.
129 individual investors (69%) predict gold prices will increase this week; only 23 people (12%) see prices falling. The remaining 36 (19%), forecast prices will continue to accumulate this week. See more...
