Category Archives: Finance

Advertisements Lithium, the key material of electric car batteries, has hit a new record high price due to tight supply. Earlier this year, billionaire Elon Musk complained that lithium – the ubiquitous raw material needed for electric vehicle batteries – was trading at a frenzy, like “a license to print money”. Soon after, Chinese authorities inContinue reading “‘White gold’ hits new record high prices due to tight supply”

Advertisements Most localities with large rich-poor disparities often have relatively low incomes compared to the national average. According to the Population Living Standards Survey 2021 (KSMS 2021), if considering 63 provinces and cities across the country, the 10 localities with the smallest gap between rich and poor are Binh Thuan, Nam Dinh, Thai Binh, BacContinue reading “Which province has the largest gap between rich and poor in Vietnam?”

Advertisements If you follow these smart management principles, you won’t have to worry about personal financial crises. Savings and investments should be separate In some financial conversations, the two words “saving” and “investing” are sometimes used interchangeably. A common feature of savings and investments is their primary importance in life. In fact, they are completely different things,Continue reading “Money management: Should follow the 4 golden rules below”

Advertisements CSOP will invest in Vietnamese stocks by simulating FTSE Vietnam 30 index. CSOP Asset Management Limited has just announced the launch of CSOP FTSE Vietnam 30 ETF listed on the Hong Kong Stock Exchange. The fund plans to invest 100% of its assets in Vietnamese stocks with the closest simulation strategy according to theContinue reading “Hong Kong’s fund plans to pour money into Vietnam”

Advertisements Experts say that the real estate market in recent years has been like a “compressed spring”. When the policy difficulties are removed, the market will have a strong bounce. In addition, the State Bank has moved to loosen the credit room in order to revive the economy, which also has a strong impact on theContinue reading “There are many good signals from the real estate market”

Advertisements Although there are still 3 days until the operating period, petroleum businesses believe that domestic gasoline and oil prices will drop sharply due to the continuous decline in world oil. At 6:30 a.m. on September 18 (Vietnam time), an update on Oilprice showed that the US WTI crude oil price traded at $85.1/barrel, upContinue reading “Gasoline price is expected to decrease from 500 to 2,000 VND / liter”

Advertisements The gold market next week could struggle on its way to key support levels, after prices fell to a two-year low. With gold prices falling over the past week, sentiment among Wall Street analysts as well as investors on Main Street has turned to the downside, highlighting short-term downside risks. Investors’ sell-off in goldContinue reading “Gold prices may fall to two-year lows”

Advertisements The numbers show that inflation has spread to the entire economy, so it will last longer and be more difficult to deal with than anticipated. Yesterday (September 13), US stocks experienced the strongest sell-off since mid-2020. The Dow Jones fell nearly 4%, the S&P fell 4.32% and the Nasdaq index lost as much asContinue reading “Why does inflation only increase by 0.1% but US investors still massively sell off stocks?”

Advertisements At the end of 2021, in some areas in Quang Tri, there was a situation of land fever “burning hands”, land prices increased day by day. But at present, many plots of land that have been inflated are now reduced, it is difficult to trade, along with a series of auction plots that haveContinue reading “Suddenly, after the land fever, investors fled from Quang Tri real estate”

Advertisements If calculating the selling price above the average annual salary, Vietnamese people will have to spend nearly 50% of their salary to be able to own an iPhone 14, the 8th highest in the world. According to CompareDial ‘s statistics , Nigeria is the country where people have to spend the most (percentage of salary) toContinue reading “How much % of salary do people around the world have to spend to buy iPhone 14?”

Advertisements The cost of living crisis in the UK is dragging another “victim”. People in the UK are gradually ditching the classic Aga stoves to manage their energy bills. Many people even shed tears when they were no longer able to use them. Cast iron furnaces are becoming more expensive in times of energy priceContinue reading “Classic Aga stove is the next ‘victim’ of inflation”