24h Economy: Many people still hunt to buy gold; Securities under pressure to make a profit

Phương Anh |

Many people are still hunting to buy gold; Securities are under pressure to take profits, investors are cautious and use leverage... are notable economic news in the past 24 hours.

Domestic gold prices drop, many people still rush to buy

Recorded by Lao Dong reporter on May 18, many people continue to choose to go to gold shops to wait to buy.

However, buying gold rings at this time is still difficult. Many people had to queue up early to buy because the stores controlled the number of rings sold.

Du gia lien tuc bien dong, vang nhan van thu hut nhieu nguoi san mua. Anh: Phuong Anh
Although the price is constantly fluctuating, gold rings still attract many buyers. Photo: Phuong Anh

Queuing since the gold shop on Tran Nhan Tong Street (Hanoi) has not opened yet to wait to buy gold rings, Ms. Dao Thi Phuong (Hoan Kiem District, Hanoi) shared: "The domestic gold price is decreasing compared to a few days ago.

Although I arrived early, I still haven't had my turn to buy because there are many people lining up in front. The number of gold rings sold by the store is not much, currently each person is allowed to buy 2 taels". See more...

Securities under pressure to take profits, investors cautiously use leverage

The VN-Index last week officially surpassed the psychological threshold of 1,300 points after being under strong downward pressure by the US tax information. The main index recorded a 34-point increase reflecting the investor sentiment that is gradually improving. Short-term cash flow increased again. Foreign investors continue to net buy more strongly, with a value of VND2,920 billion on HoSE.

Nha dau tu chung khoan can han che mua duoi trong giai doan thi truong o vung trung thong tin. Anh: Le Toan
Stock investors need to limit chasing during the period of the market in low-king information areas. Photo: Le Toan

From the bottom of 1,070 points in early April - the time the US announced the counterpart tax rate of up to 46% on goods from Vietnam - the main index of the market still increased by more than 230 points, equivalent to 21%, creating a surprising recovery.

However, the adjustment session last weekend decreased by more than 11 points along with short-term risks, showing that stock investors are under pressure to take profits to lower margin. See more...

Regulations on weighing garbage for calculation in Ho Chi Minh City promote classification, help protect the environment

HCMC - From June 1, HCMC collects garbage tolls by volume. According to experts, this regulation promotes waste classification, environmental protection and can be adjusted accordingly. Video: Nhu Quynh

Gia Lai removes many administrative procedures, approves investment projects

On May 18, the Department of Finance of Gia Lai province said that in the first 4 months of 2025, the province has approved investment policies for 17 projects in the province, an increase of 70% over the same period in 2024. Total registered capital reached VND 2,047 billion, up 114.57% over the same period.

In addition, the province has also adjusted 15 investment projects, with a total adjusted capital increase of 1,976 billion VND. Some typical projects that have been adjusted include: Phuc Huy Chu Se pig farm project; Construction stone mining project in Kong Chro town, Kong Chro district; Cau Sat Urban Area project, Pleiku city...

Gia Lai cai thien moi truong dau tu, thu hut doanh nghiep, nha dau tu co nang luc. Anh: Thanh Tuan
Gia Lai improves the investment environment, attracting capable businesses and investors. Photo: Thanh Tuan

During the same period, Chairman of the Gia Lai Provincial People's Committee, Mr. Rah Lan Chung, signed a decision to abolish 12 administrative procedures in the fields of land, construction and environment managed by the Provincial Economic Zone Management Board. See more...

Phương Anh
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Phương Anh |

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Phương Anh |

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