Category Archives: Finance

Advertisements The Vietnam Petroleum Association proposed the Ministry of Industry and Trade to regulate gasoline prices on September 1. In a document sent to the Ministry of Industry and Trade on petrol and oil price management, the Vietnam Petroleum Association said that, in the past time, although the world petrol price has continuously experienced complicatedContinue reading “Petrol price is about to adjust, it is expected to increase sharply”

Advertisements The dollar spiked to a 20-year high on comments from Federal Reserve Chairman Jerome Powell on aggressive monetary tightening. However, the rally was hindered by the euro also strengthening by the market’s growing expectation that the European Central Bank (ECB) will raise interest rates. The Dollar index (DXY) – which compares the USD againstContinue reading “Gold rallies, USD rebounds to 20-year highs”

Advertisements Soaring energy bills in Europe are causing a wave of shutdowns at major fertilizer plants across the continent, leading to disruptions to farms, food processors, and even manufacturers beer production. On August 26, the world’s largest fertilizer company Yara, based in Norway, announced a 50% cut in production of nitrogen and urea made fromContinue reading “Beer is scarce, pigs and chickens are piled up: The fertilizer crisis has stalled the European food chain”

Advertisements Many petroleum retailers say that, with the current discount of 100-150 VND/liter and the scarcity of supply, the more they make losses. Mr. Do Khanh – owner of a petrol and oil retail agent in Hanoi said that the discount rate for petrol and oil is currently 100-150 VND/liter while the costs of transportation,Continue reading “Petroleum businesses lament ‘the more they sell, the more they lose’”

Advertisements Although inflation “cooled down”, at the Jackson Hole conference, Fed Chairman Powell still affirmed that he would continue to sharply increase interest rates. This will likely have a negative impact on gold prices next week. This week, the international gold price recovered in some early sessions of the week when it increased from $1,727/ozContinue reading “Fed Chairman thinks gold price will continue to fall next week”

Advertisements In the relationship between the customer as the ‘Credit Grantor’ and the Bank as the ‘Credit Grantor’, it seems that the upper door always belongs to the ‘Credit Grantor’ but this is not always the case. Please refer carefully before choosing the side to send…red book Ms. Phuong, an administrative worker in Hanoi, consultedContinue reading “The secret to getting a bank loan without worrying about being ‘lost’”

Trong 3 năm gần đây, tăng trưởng CASA là một trong những ưu tiên hàng đầu của nhiều ngân hàng nhằm tận dụng được nguồn vốn chi phí thấp

Advertisements The operating period on August 22 ended the chain of declines in 5 sessions of price management when gasoline prices were kept unchanged and oil prices increased. Through monitoring the appropriation and spending of funds over the years, I found that the management is quite arbitrary. This fund is actually taking money from consumers toContinue reading “Gasoline prices are unlikely to fall”

Advertisements The scorching heat of the summer and a shortage of natural gas reserves for this winter are driving gas prices higher and higher. European benchmark gas prices rose 14% in just three days to a new record high, continuing a rally from recent weeks. This is due to the high demand for gas for powerContinue reading “Gas prices in Europe are currently equivalent to $410 per barrel of oil”

Advertisements With the GDP scale of 2021 reaching 368 billion USD, the absolute public debt/GDP of Vietnam is estimated at 158.6 billion USD. Compared to the population as of December 31, 2021, about 98.5 million people, the public debt/person in Vietnam is about 37 million VND. According to the Public Debt Bulletin of the MinistryContinue reading “Vietnamese person bears 37 million VND of public debt”