24h Economy: Many stores still limit the quantity of gold rings sold

Phương Anh |

Many stores still limit the number of gold rings sold; Ho Chi Minh City is determined to revive the Binh Quoi - Thanh Da peninsula... are notable economic news in the past 24 hours.

Many stores still limit the quantity of gold rings sold

Recorded by Lao Dong reporter on July 3, at some gold shops in Hanoi, the scene of people lining up to buy gold rings continues to occur.

However, most stores have announced that they do not have SJC gold bars and have limited the quantity of plain round gold rings sold. This makes it difficult for many people who want to buy gold.

Gia vang lien tuc bien dong, vang nhan van la mat hang duoc nhieu nguoi tim mua. Anh: Le Ha
Gold prices are constantly fluctuating, gold rings are still a popular item. Photo: Le Ha

Mr. Ngo Van Quang (Hai Ba Trung ward, Hanoi) - a customer who came to a gold shop on Tran Nhan Tong street to buy gold rings - shared: "Last month, I also came to buy but had to wait a long time, lining up and were packed but still unable to buy. Today, I came back and found it much easier, the number of people waiting was less, so I hope this time I will be able to buy. See more...

Ba Ria - Vung Tau Lottery operates normally until the end of 2025

On July 3, speaking with Lao Dong Newspaper, Mr. Duong Minh Tu - Director of Ba Ria - Vung Tau Lottery One Member Co., Ltd. said that after merging Ba Ria - Vung Tau province into Ho Chi Minh City, the unit will hand over the status quo to Ho Chi Minh City according to regulations.

"However, according to the direction of the Ministry of Industry and Trade, the activities of Ba Ria - Vung Tau Lottery will remain normal until December 31, 2025" - Mr. Tu informed.

Tru so Xo so kien thiet Ba Ria - Vung Tau tai phuong Tam Thang, TPHCM. Anh: Thanh An
Ba Ria - Vung Tau Lottery Headquarters in Tam Thang Ward, Ho Chi Minh City. Photo: Thanh An

Previously, many lottery ticket sellers in 30 wards, communes and special zones (belonging to the old Ba Ria - Vung Tau) were quite worried because they were afraid of affecting their work and income, before the news that Ba Ria - Vung Tau Lottery Company and Binh Duong Lottery Company may stop issuing after the merger into Ho Chi Minh City. See more...

HCMC determined to revive the Binh Quoi - Thanh Da peninsula after 3 decades of delay

Ho Chi Minh City - Binh Quoi - Thanh Da new urban area is about to be "revived" with the orientation of becoming a modern ecological and tourism urban center right in the heart of Ho Chi Minh City. Video: Ngoc Anh - Viet Anh

Yen suddenly weakens

According to Lao Dong, on July 3, the Japanese Yen (JPY) suddenly traded weakly against the USD, when the USD/JPY pair returned to nearly 144.00.

The main reason is that market sentiment has improved after the US and Vietnam reached a trade agreement, reducing concerns about prolonged trade tensions, thereby reducing the need to hold the Japanese Yen as a safe haven channel.

Dong Yen bat ngo suy yeu so voi USD do nhu cau tru an giam, nhung ky vong BoJ tang lai suat co the han che da giam trong ngan han. Anh: Phuong Anh
The Yen suddenly weakened against the USD due to reduced shelter demand, but expectations of a BoJ rate hike could limit the short-term decline. Photo: Phuong Anh

In addition, US President Donald Trump has just threatened to impose higher tariffs on imported goods from Japan, specifically increasing the tax to 30-35% compared to the current 24%, if Japan does not buy US rice. This information has put the Yen under further selling pressure. See more...

Phương Anh
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