24h Economy: Many large-scale FDI projects are proposed to be implemented in Quang Ninh

Phương Anh |

Many large-scale FDI projects are proposed to be implemented in Quang Ninh; The forecast of silver prices may reach 100 USD/ounce... are notable economic news in the past 24 hours.

Many large-scale FDI projects are proposed to be implemented in Quang Ninh

Foreign investors have proposed implementing a series of investment projects in Quang Ninh, including 7 projects with very large investment capital.

Duong ham xuyen vinh Cua Luc nam o khu vuc gan cau Bai Chay se la mot bieu tuong moi cua Quang Ninh. Anh: Nguyen Hung
The tunnel through Cua Luc Bay located near Bai Chay Bridge will be a new symbol of Quang Ninh. Photo: Nguyen Hung

These are 2 wind power projects proposed by B.Grimm Power Company (Thailand), with a total investment of nearly VND 4,100 billion; the Cua Luc Bay road tunnel project (about VND 10,000 billion) and the urban development project in the northern area of Cua Luc Bay proposed by Pacific Construction Group Limited; the Biomass Power Plant project and the green economic investment model, circular economy, carbon credit development proposed by Greenlink Da Nang Company and YNC Company (Korea); the multi-functional complex project including many forms of entertainment, sports, music performances..., with an investment capital of nearly 2 billion USD proposed by VIN GRP Company Limited. See more...

Northwest colors attract visitors at the 2025 Autumn Fair

Hanoi - The 2025 Autumn Fair is not only a cultural destination but also a destination for visitors to experience the typical cultural and culinary features of the regions. Video: Minh Vu - Khanh Ly

Flooded fields, farmers pump water to save rice

For about 2 weeks now, rising water has caused many areas of Autumn-Winter rice in My Huong and My Phuoc communes (Can Tho city) to be deeply flooded. Although farmers mobilized pumps to work continuously to drain water, many plots of rice fields were in the middle of vacant fields, without surrounding embankments, so the water could not recede. The cost of mat pumping has increased while rice has not yet reached harvest time, causing farmers to face difficulties.

Mot ruong lua bi ngap nuoc tren dia ban xa My Huong (TP Can Tho) Anh: Phuong Anh
A rice field was flooded in My Huong commune (Can Tho city) Photo: Phuong Anh

Mr. Huynh Van Le, a resident of My Phuoc commune, said that this year he rented 2 hectares of land for cultivation. The rice was in the flowering stage when the water rose to the top. The family has been pumping water continuously for nearly a week at a cost of about 5 million VND for oil, but the water level has not decreased. "No one is producing around, so there are no embankments, and the water overflows the whole field. This crop is considered a total loss, the land rent and production costs cannot be recovered" - he said. See more...

Experts predict that silver prices may reach 100 USD/ounce

According to CBS News, silver prices have increased steadily over the past 5 years, from about 20 USD/ounce in 2020 to nearly 50 USD/ounce today. In particular, the price increase in 2025 is considered a remarkable milestone when silver surpassed the historical peak for the first time.

This development reflects the trend of investors rushing into precious metals amid prolonged inflation, increased demand from central banks and the psychology of seeking safe-haven assets during times of economic instability.

Nhieu chuyen gia cho rang, viec bac dat 100 USD/ounce la dieu co the xay ra. Do hoa: Phuong Anh
Many experts believe that silver reaching 100 USD/ounce is possible. Graphics: Phuong Anh

According to experts, in the historical context, silver reaching 100 USD/ounce is completely feasible.

Mr. Brett Elliott - Marketing Director at the US Precious metals Exchange (APMEX) - commented: "If adjusted according to inflation, the price increase in 1980 is equivalent to nearly 200 USD/ounce today. From that perspective, it is entirely realistic for silver to reach $100 an ounce. See more...

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