Gold price increases, people line up for more than 1 hour to buy
On April 22, present at the headquarters of Saigon Jewelry Company SJC (District 3, Ho Chi Minh City) at around 9:30 am to buy gold rings, Ms. Ho Thi Nhung (living in District 5) said:
In the morning, I saw information about gold prices increasing, worried that it would increase sharply in the coming time, so I had to rush to buy a few to feel secure. When I arrived here, there were about 40 people lining up, I waited for more than an hour, not knowing when my turn would be.
At noon, the crowd was still standing in front of this company waiting for their turn to trade. Employees here said that the main demand is to buy. However, the amount of gold sold is limited to each customer and there are not many goods left.
Going to 3 stores but unable to buy gold, Ms. Luu Quynh Nga (living in District 4) said: "I want to buy 1 tael of SJC gold or gold rings, but all 3 places have said they are out of stock, I have to let them know when there is gold and they will contact me". See more...
institutional bottlenecks leave thousands of real estate brokers stranded
From the paradise of goods to the devastated market at Tan Thanh border gate
About 30km from Lang Son City, Tan Thanh Market was once considered the "commercial heart" of the Northeast region.
In the 2000s, this place had hundreds of stalls specializing in selling clothes, shoes, electronics, and household appliances imported from China. The area around the market is always crowded with trucks, passenger cars, traders and tourists.
"All day without a break, business was bustling until midnight. Those who come to Lang Son but have not visited Tan Thanh market are considered to not know the border. Every weekend, cars from Hanoi rush to the border to shop, recalls Ms. Nguyen Thi Ha, a trader who has been at the market for more than 20 years.
The market used to be a bright spot in border trade, contributing greatly to local budget revenue, while creating jobs for thousands of people around the area.
However, in April, when present here, according to the reporter's records, the current images show a completely opposite reality.
The main market building, which used to be a bustling trading center, is now closed, tracing time. The signboard broke, the corrugated iron roof fell off the frame, and moss covered the steps. See more...
Yen appreciates at highest level in more than 1 year
According to Lao Dong, on April 22, the Japanese Yen (JPY) continued to maintain its upward trend for three consecutive days, as investors rushed to safe-haven assets amid escalating trade tensions between the US and China.
The Yen exchange rate against the US Dollar currently fluctuates around 140.167 USD/JPY. This is also the highest price of the Yen since July 2023.
The main reason comes from concerns that US President Donald Trump's new tariff measures could aggravate the risk of a global economic recession. See more...
