Market stable, supplies ample as Tet holiday ends
Most traditional markets, supermarkets and convenience stores have reopened, with abundant goods, especially vegetables and fruits entering the harvest season.
Most traditional markets, supermarkets and convenience stores have reopened, with abundant goods, especially vegetables and fruits entering the harvest season.
Under the latest adjustment, E5RON92 increased by 100 VND, now capped at 18,439 VND per litre (0.71 USD), while RON95-III rose by 35 VND to a maximum of 18,880 VND per litre.
The regulations, which will take effect in March, will cap online gold transactions conducted in the Thai baht at 50 million THB (1.6 million USD) per user per day. Any transaction exceeding that limit will require approval from the authorities.
Retail fuel prices in Vietnam have seen a slight decrease as of 15:00 of July 17, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.
Earlier this month, Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said that Indonesia could redirect up to 60% of its fuel imports away from Singapore over the next six months as part of a broader diversification strategy.
The retail prices of petrol were revised down on March 6 following the latest adjustment by the Ministries of Industry and Trade, and Finance.
Indonesia’s Ministry of Agriculture has set a target of making the country the world’s largest palm oil producer by 2025, enabling it to influence global prices of the commodity.
Coffee export turnover to most traditional markets has increased sharply since the beginning of the year.
The consumer price index (CPI) in Ho Chi Minh City in July rose by 0.23% from the previous month, the municipal Statistics Office said on July 31.
The Hanoi real estate market in the first half of this year saw increases in villa and townhouse prices, although the market was still slow, according to a Savills report into the housing market in the capital released on July 11.
The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam Customs.
The retail prices of E5RON92 bio-fuel and all petrol products increased from 3pm on June 27 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
Sky-high property prices, exorbitant car ownership costs and expensive private medical care, among other factors, have kept Singapore the most expensive city for the super rich in 2024, according to a report by Swiss private bank Julius Baer.
Vietnam's coffee export value to Spain have increased by more than 100%, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.
The Ministry of Agriculture and Rural Development said that Vietnam’s coffee output in the 2023–2024 crop year is estimated to decrease by 20% compared to the previous crop year, to 1.47 million tonnes, the lowest in four years, putting pressure on Robusta supply in the world market.
Vietnam’s rubber export value is expected to reach between 3.3-3.5 billion USD by the end of the year, forecast the Vietnam Rubber Association.
The International Monetary Fund (IMF) predicted that the recovery in manufacturing, tourism and consumer-facing services will create momentum for Singapore’s economy to grow by 2.1% in 2024, a pickup from 1.1% last year.