Category Archives: Finance

Advertisements Banking stocks last week (December 12-16) diverged with 17/27 gainers, 2 unchanged and 8 decliners. EIB of Eximbank was the strongest gainer in the industry last week, closing on December 16 at 27,400 VND/share, up 22.9% compared to the end of last week. In the last 5 trading sessions of the week, this stock hadContinue reading “Eximbank shares increased 23% in the past week”

Advertisements In the past week (December 12-16), the State Bank had 2 moves to adjust the reference exchange rate at the Exchange. Not only re-listing the USD buying price, but also reducing the selling price with a much stronger decrease than previous adjustments. Specifically, on December 15, the SBV officially re-listed the buying rate forContinue reading “What will the exchange rate be after the State Bank’s adjustment?”

Advertisements Closing the session on December 14, oil prices increased by 2 USD/barrel, iron and steel, rubber and coffee… all increased, raw sugar reached the highest level in 1 month, while natural gas, gold and aluminum declined. Oil price increased by more than 2 USD/barrel Oil prices rose more than $2 a barrel, after OPECContinue reading “Oil prices continued to rise; natural gas fell sharply; Aluminum gold falls, raw sugar highest in 1 month”

Advertisements The dollar fell on Wednesday (December 14) after the US Federal Reserve (Fed) announced its decision to raise interest rates by half a percentage point as expected and said it would need to continue raising interest rates further. The greenback in session 14/12 gained quite strongly right after the market opened for trading, butContinue reading “USD, gold fell together after the Fed announced a rate hike”

Advertisements With countless reserves, the lowest production costs in the world, this place is becoming a “hot potato” for the world’s energy giants to participate in gaining market share. Despite predictions that oil demand will peak in the next decade, international energy companies have not stopped investing in the exploration and production of this fossilContinue reading “The poor country in South America changed its life thanks to oil”

Advertisements Bkav Group said that in 2022, many individuals will become victims of online financial scams. It can be mentioned as the case of losing 2.1 billion VND in the account due to SIM upgrade fraud (in Ho Chi Minh City) or the case of losing more than 5.5 billion VND after answering the phoneContinue reading “Many people become victims of financial scam messages and calls”

Advertisements FOMC forecasts that by the end of 2023, interest rates will be at 5.1%. Chairman Jerome Powell said that the current US Federal Reserve (Fed) campaign against inflation by raising interest rates by the Fed will not end soon. Fed officials have also signaled that borrowing costs will rise further than investors expect next year.Continue reading “What did the Fed chair say after raising interest rates to a 15-year high?”