24h Economy: Discovering a large number of production facilities for counterfeit socks

Phương Anh |

Discovering a large number of production facilities for counterfeit socks; Forecast of a reversal in gasoline prices next week... are notable economic news in the past 24 hours.

Discovering a facility producing a large number of fake socks

Information from Market Management Team No. 25 (QLTT) - Hanoi Market Management Department, recently, the unit coordinated with Phu Nghia Commune Police to inspect a business household with signs of operating the production and trading of goods with signs of counterfeiting trademarks protected in Vietnam.

Tat mang mac NIKE, UNIQLO “ra lo” tai Phu Nghia, Ha Noi. Anh: Doi QLTT so 25
All have NIKE and UNIQLO labels "in the kiln" in Phu Nghia, Hanoi. Photo: Market Management Team No. 25

Accordingly, at 4:00 p.m. on September 18, the inspection team inspected Tran Van Ton business household (Phu Huu 1 village, Phu Nghia commune, Hanoi).

At the time of inspection, Tran Van Ton business household was operating normally in production and business but did not post the price of goods in one of the forms specified in Clause 2, Article 29 of the Law on Prices No. 16/2023/QH15.

Checking goods, invoices and documents for goods with signs of counterfeiting trademarks protected in Vietnam, the inspection team discovered that business household Tran Van Ton was directly operating 03 weaving machines and tools, including 24 rolls of Weaving Fiber; 3 sock weaving machines; 20 needles... See more...

12/18 state-owned enterprises in Gia Lai use capital and assets effectively

On September 20, the People's Committee of Gia Lai province reported to the Ministry of Finance on the business results of state-owned enterprises and state-owned enterprises in the area.

Cac doanh nghiep Nha nuoc, chu yeu la Cong ty Lam nghiep can kinh doanh co hieu qua de nang cao doi song cho nguoi lao dong. Anh: Thanh Tuan
State-owned enterprises, mainly Forestry Companies, need to do business effectively to improve the lives of workers. Photo: Thanh Tuan

Gia Lai province currently has 18 enterprises with 100% state capital, with the Gia Lai Provincial People's Committee as the representative owner. Of which, there are 2 enterprises operating in the field of lottery business, 2 enterprises in the field of irrigation and 14 enterprises in the forestry sector.

The total equity of these 18 enterprises is more than VND 4,392 billion. In the first 6 months of 2025, 12/18 enterprises have preserved capital, used capital and assets effectively. See more...

Gasoline price forecast to reverse down in next price management session

According to the Ministry of Industry and Trade, the world petroleum market last week (from September 11, 2025 to September 17, 2025) was affected by main factors such as: FED lowered interest rates; US crude oil inventories decreased, distillate inventories increased; The military conflict between Russia and Ukraine continued... The above factors have caused world petroleum prices in recent days to fluctuate up and down depending on each commodity.

Du bao tuan toi gia xang dau co the se co su dieu chinh trai chieu theo huong gia xang giam nhe, gia dau tang. Anh: Tuyet Lan
It is forecasted that gasoline prices may have opposite adjustments next week. Photo: Tuyet Lan

According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price management period, retail prices of gasoline may have opposite adjustments in the direction of slightly decreasing gasoline prices and increasing oil prices. See more...

The stock market fluctuates, there is still room for increase

After creating a short-term peak in the first week of September, the stock market has entered the adjustment phase. In the past week, the VN-Index experienced a volatile trading week with many important information affecting it, notably the story of the FED lowering interest rates and a big step forward in upgrading the market in the coming time.

Dong tien dang tam thoi dung ngoai thi truong chung khoan trong giai doan nay. Anh: Le Toan
Cash flow is temporarily out of the stock market during this period. Photo: Le Toan

The VN-Index has continuously faced pressure when it reached its peak around 1,700 points last week, causing the VN-Index to turn down points in the next 4 sessions due to weak liquidity. See more...

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