Many people in Ho Chi Minh City are looking to buy gold rings
According to Lao Dong, on April 2, a number of famous gold enterprises in Ho Chi Minh City crowded with people looking to buy gold rings and gold bars. Although the price of gold rings has cooled down, the price of gold rings is still above 101 million VND/tael, many people continue to buy.
Mi Hong gold shop (Binh Thanh district) is always bustling with customers, buying power overwhelms selling power. In addition, many people also come here to buy gold jewelry at this time.
"My wife and I have needed to buy 2 taels of gold rings for about a month now, thinking that the price of gold would decrease to buy, but today it is still at a high level. Afraid that gold would continue to increase, we decided to buy it now" - Ms. Ha Ngoc Loan, living in Go Vap district, said.
Present at a gold shop on Nguyen Thi Minh Khai Street (District 3) to buy plain gold rings, Mr. Viet Duc (living in District 1) said: "The number of customers buying at this shop is not too large, just waiting for a while is the transaction turn, so I often stop to buy. Today I also bought it to accumulate like usual, I have no intention of investing". See more...
Over 760 billion VND to build a nearly 9km coal handling route in Ha Long
Ha Long City has just reclaimed more than 15,690m2 of land from Nui Beo Coal Joint Stock Company in Ha Tu ward to build a coal transportation belt system nearly 9km long.
This coal transportation band system starts at Nui Beo coal mine, passing through Ha Tu coal mine to Khanh village processing center and port - coal export port of Vietnam National Coal - Mineral Industries Group (TKV), in Ha Khanh ward, Ha Long city.
The total length of the entire conveyor belt is 8.944 km, 1.2 m wide.
This conveyor belt line is responsible for transporting all commercial coal of Nui Beo and Ha Tu mines to the MB + 55 concentrated coal warehouse (under the Hon Gai Concentrated Coal Center and warehouse project) and transporting commercial coal to the remaining Hon Gai mines at the MB + 55 concentrated warehouse (after being supplied to Quang Ninh Thermal Power Plant) to Khanh village port for consumption. See more...
Yen struggles but may recover soon
According to Lao Dong, on April 2, the Japanese Yen (JPY) weakened against the US Dollar (USD), as the market worried about the new tax policy from President Donald Trump.
Currently, the USD/JPY pair is still fluctuating below 150.00 due to investors being cautious before having official information about tariffs on Japan and other countries.
The global stock market's recovery is also putting pressure on the Yen, which is considered a safe-haven asset. Investors tend to shift to more risky assets, reducing demand for JPY.
According to FXStreet, despite being under pressure, the Yen still has a chance to recover in the coming time thanks to the difference in monetary policy between the BoJ and the US Federal Reserve (Fed). See more...
The petroleum stabilization fund still has more than VND 6,067 billion
According to the Domestic Market Management and Development Department (Ministry of Industry and Trade), by the end of 2024, the Petroleum Price Stabilization Fund still has a surplus of VND 6,067.2 billion.
This balance is currently held at 30 petroleum traders. The balance does not include the balance of the Petroleum Price Stabilization Fund of traders who are no longer petroleum traders. See more...
