Gold price increases, stores continue to limit sales
On May 6, records at some large gold stores in Hanoi showed that the number of people coming to trade increased significantly from early in the morning. Mr. Nguyen Van Trong (Hai Ba Trung District) said:
I arrived early because I heard that gold prices had increased sharply. However, the shop only allows a maximum of 1 tael/person, so I am considering whether to wait or not, it is too crowded" - Mr. Trong said.
Meanwhile, Ms. Le Thi Hong (Cau Giay) shared: "Yesterday, the price was reduced, I planned to buy it to celebrate my sister's wedding next month. But this morning, prices have skyrocketed. The gap between buying and selling prices is up to several million VND, so I plan to wait for the price to stabilize before deciding." See more...
Yen may be on the rise
The Japanese Yen (JPY) has recovered after a slight decrease, continuing the increase in the past two days.
Uncertainty in US President Donald Trump's trade policy and escalating geopolitical tensions are causing investors to seek safe-haven assets such as the Yen.
In addition, expectations that the Bank of Japan (BoJ) may continue to raise interest rates in 2025 - despite the "temporary break" last week - are also supporting the value of this currency.
However, positive sentiment surrounding the possibility of cooling down the US-China trade war and positive signals from the US economy, such as stable employment data and good growth services, are holding back the stronger increase of the Yen. See more...
finalizing the roadmap to the end of the billion-dong road has been delayed many times
Destroying a large amount of smuggled starch in Hai Duong
The market management force of Hai Duong province has just supervised the destruction of 424 smuggled starch and milk and water milk nutrition products.
These products include 100 New Milky weight loss food bags, bag-fitted powder made in Korea, and 324 boxes of Aptamilk Kid pre-mixed nutritional supplement foods made in Thailand.
This amount of milk belongs to Ngoc Khanh 1 milk business household, address Binh Loc street, Tan Binh ward, Hai Duong city. Through inspection, in addition to trading in legal milk and nutritional foods in accordance with the law, the authorities discovered that some products were smuggled goods. See more...
