24h Economy: A series of leaders of Apatite Company Tam Dinh Lao Cai were suspended from work

Phương Anh |

A series of leaders of Apatit Tam Dinh Lao Cai Company were suspended from work; The forecast for the Yen to continue to increase in price... are notable economic news in the past 24 hours.

A series of leaders of Apatite Tam Dinh Lao Cai Company were suspended from work

According to Lao Dong, Chairman of the Board of Directors of Apatit Tam Dinh Lao Cai Investment Joint Stock Company - Mr. Tran Viet Dung - has just signed a decision to temporarily suspend the work of Mr. Pham Van Luong - Deputy General Director and Executive Director of the mine; Le Viet Dung - Head of the General Department and Head of the Compensation and Site Clearance Team (GPMB) and Nguyen Van Truyen - Deputy Head of the General Department and Deputy Head of the GPMB Compensation Team.

The reason given is to " process the complaint" of Mr. Vu Cuong Linh, a shareholder and a member of the Board of Directors of this company.

Quyet dinh dinh chi cong tac voi 3 ong Luong, Dung va Truyen. Anh: Duy Tung.
The decision to suspend the work of 3 Mr. Luong, Dung and Truyen. Photo: Duy Tung

According to Mr. Linh's complaint, the above 3 officials, during the process of performing compensation and site clearance statistics at the Apatit Tam Dinh Mining Project, abused their positions and powers, colluding with each other and with a number of households to deposit large-value records. This behavior directly appropriated the company's assets and indirectly affected State assets. See more...

Philippines imports the most Vietnamese rice

Rice products are not under great pressure from tax rates in the US market due to small market share, however, rice exports are showing a downward trend since the beginning of 2025 due to large market supply, low export prices and importing markets limiting purchases to wait for prices to decrease.

Nhieu chuyen gia khang dinh xuat khau gao Viet Nam con nhieu du dia tang truong. Anh: My Ly
Many experts affirmed that Vietnam's rice exports still have a lot of room for growth. Photo: My Ly

According to statistics from the Customs Department, the volume of rice exports in June 2025 is estimated at 700 thousand tons with a value of 364.4 million USD, bringing the total volume and value of rice exports in the first 6 months of 2025 to 4.9 million tons and 2.54 billion USD, an increase of 7.6% in volume but a decrease of 12.2% in value compared to the same period in 2024.

The average export price of rice in the first 6 months of the year is estimated at 517.5 USD/ton, down 18.4% over the same period in 2024.

The Philippines is the largest rice consumer market in Vietnam with a market share of 43.3%. See more...

Yen forecast to continue to increase

According to Lao Dong, at the end of the first week of July, the Japanese Yen (JPY) maintained a stable trend and showed signs of increasing compared to the USD when the US market closed for the National Day holiday, causing liquidity to decrease and the USD/JPY exchange rate to fluctuate around 144.50.

Dong Yen giu da tang, duoc ho tro boi nhu cau tru an an toan va ky vong BoJ that chat chinh sach trong boi canh USD suy yeu. Anh: Phuong Anh
The Yen maintained its upward momentum, supported by safe-haven demand and expectations of the BoJ tightening policy in the context of a weakening USD. Photo: Phuong Anh

Although the market is moving sideways, fundamental factors are still supporting the Yen, opening up the possibility of this currency increasing in price in the coming time. See more...

Profit-taking pressure gradually appears in the stock market

The stock market had many notable developments in the first trading week of July. The market width is quite positive, maintaining recovery rotation. Outstanding in the groups of seaport codes, securities, seafood, agriculture, information technology, insurance, banking, etc.

In total, the VN-Index increased by 15.53 points (1.13%) compared to the previous week to 1,386.97 points, towards the resistance zone around 1,400 points, the highest price peak established in July 2021.

Chuyen gia canh bao ve kha nang dieu chinh khi chung khoan dang o dinh cao nhat. Anh: Le Toan
Experts warn of the possibility of an adjustment when the stock market is at its peak. Photo: Le Toan

Market liquidity increased, along with the return of foreign investors after the net selling period. Accordingly, foreign investors unexpectedly increased their net buying last week with the value of the two weekend sessions reaching thousands of billions. Accumulated to 5 sessions, foreign investors net bought VND 5,394 billion, the highest since the beginning of the year and the 5th week in 2025 for foreign investors to net disburse. See more...

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A series of leaders of Apatite Tam Dinh Lao Cai Company were suspended from work

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A series of leaders of Apatite Tam Dinh Lao Cai Company were suspended from work

Long Nguyễn |

A deputy general director, a head and a deputy head of Apatit Tam Dinh Lao Cai Investment Joint Stock Company have just been suspended from work.

24h Economy: fine restaurant for 5 people eating vermicelli for 810,000 VND in Bai Chay

Phương Anh |

Fining a restaurant for 5 people for eating vermicelli for 810,000 VND in Bai Chay; GDP in the first 6 months of the year increased by 7.52%... are notable economic news in the past 24 hours.

24h Economy: Yen returns to price increase momentum; Gasoline price forecast for next week

Phương Anh |

Yen increases; Forecast of gasoline prices next week; Many difficulties hindering green production routes for businesses... are notable economic news in the past 24 hours.