24h Economy: Gold shop bustling despite constant fluctuations in gold prices

Phương Anh |

Gold prices fluctuate, gold shops are bustling with customers; Vietnamese rice aims to position the brand; Securities plummet... are notable economic news in the past 24 hours.

Gold prices fluctuate, gold shops are bustling with customers

Recorded by Lao Dong reporter on April 8, the domestic price of plain round gold rings and gold bars increased and decreased in different directions.

At some gold shops on Tran Nhan Tong Street (Hanoi), people's demand for gold rings is increasing. Many people are willing to wait in long lines to buy gold rings.

Du gia lien tuc bien dong, vang nhan van la mat hang duoc nhieu nguoi san mua. Anh: Le Ha
Although the price of gold is constantly fluctuating, gold rings are still a popular item. Photo: Le Ha

Mr. Le Manh Quan (Hoan Kiem District, Hanoi) - a customer waiting to buy gold rings - shared: "I have been queuing since 8:30 am with everyone but the staff has not yet announced when to sell and how much to sell to customers. So I'm still waiting."

Mr. Quan said that today, the store sells as much as it needs, he will buy as much as he wants, both as savings and as a form of long-term investment.

Similarly, Ms. Tran Thu Trang (Dong Da district, Hanoi) also wants to buy gold rings. She has been here since the store opened. See more...

fierce competition, Vietnamese rice aims to position the brand

In the context of Vietnamese agricultural products having to compete fiercely in the world market, positioning rice brands requires cross-sectoral approach and cross-sectoral coordination. Video: My Ly

Hundreds of stocks decrease in floor space, stocks plummet

At the end of the session on April 8, the VN-Index decreased by 77.88 points, equivalent to 6.43%, to more than 1,132 points. Red dominated almost the entire HOSE scoreboard with 506 codes, including 266 codes for floor reduction.

On the reverse side, only 11 stocks increased and 14 stocks remained stable. The VN30 power board was in red with 30/30 codes down, including up to 25 codes down the floor.

Thi truong chung khoan da co phien giao dich giam manh. Anh: Gia Mieu
The stock market had a sharp decline in trading session. Photo: Gia Mieu

Witnessing the decline that has not shown any signs of stopping, many investors are more hesitant when launching buy buy to catch the bottom. Therefore, liquidity in today's session decreased sharply with more than 1.16 billion transferred shares, equivalent to a trading value of more than VND 25,300 billion.

Although the index has another deep decline, foreign investors have not shown any signs of getting to the bottom. In today's session, foreign investors net sold VND728 billion on the HOSE.

After less than 3 days of fluctuating trading due to the US government's counterpart taxes, the market capitalization of stocks in the Vietnamese market has decreased by more than 1 million billion VND, equivalent to nearly 40 billion USD.

This reflects the worried mentality that is permeating the market as the deadline for applying counterpart tax 9.4 is approaching and there is still no information about the deal being announced. See more...

Can Tho brand reaches out to the ocean, farmers earn billions

The People's Committee of Co Do district (Can Tho city) said that with an area of 5,000 hectares of fruit trees, this locality is affirming its position as a "capital" of abundant fruit trees, where famous specialties such as longan, mango, soursop... not only enrich farmers but also conquer the most demanding markets in the world such as the United States, Australia, Japan, the EU and China...

Nguoi dan xa Thoi Hung (Can Tho) thu hoach nhan. Anh: Ta Quang
People in Thoi Hung commune (Can Tho) harvest longan. Photo: Ta Quang

From the fruit-laden longan gardens in Thoi Hung commune (Co Do district), the story of getting rich from fruit trees is even more convincing. Farmer Le Van Suot - a veteran member of Thai Thanh Cooperative - shared: "The cooperative currently has 24 members with 127 hectares of longan, harvesting over 1,500 tons each year. What is proud is that nearly half of our label output has reached international markets, bringing in revenue of about 40 billion VND per year". See more...

Phương Anh
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Phan Anh |

Updated gold price at the end of session 8.4: Gold prices increased sharply when world investors bought. The large difference between buying and selling is creating risks for domestic buyers.

Gold prices continue to fluctuate, gold shops are still bustling with customers

Phương Anh |

Today, domestic gold prices fluctuated. In Hanoi, while many people are looking to buy gold rings, many people are reluctant to sell them.

24h Economy: Many experts predict gold prices will continue to decrease

Phương Anh |

Gold price forecast continues to decrease; Ha Long Bay earned more than 9.2 billion VND during the 3 days of holiday; Yen extended its increase... are notable economic news in the past 24 hours.