Why bond prices decrease when interest increase

Ngoc Thao from HCMC, 32, said that one kilogram of bacon now costs between VND150,000-180,000 ($6.43-7.72), depending on whether it is purchased at a traditional wet market or a supermarket. Cheaper cuts of pork, such as cutlet and thigh, range from VND100,000-130,000 per kilogram, which is twice or thrice the price of chicken. "The prices of vegetables, spices and many other things have skyrocketed, but my salary remains unchanged, so I must cut back on my spending on expensive stuff," she said, sighing. "Now our family has meat only for one or two meals per week." A VnExpress survey of livestock farms at the end of June found that the price of live pigs had crossed VND60,000 per kg, a slight increase from previous days. The majority of farmers said the price has increased because the cost of animal feed has increased. Prices of new born pigs have also increased by 20 percent compared to two months ago. According to the Organization for Economic Cooperation and … [Read more...] about As prices rise, Vietnamese fork out less for pork

Illustration. (Photo: VNA) HCM City (VNA) – Ho Chi Minh City ’s Consumer Price Index ( CPI ) edged up 0.91 percent in June , with nine out of 11 groups of goods and services recording an increase in prices, the municipal Statistics Office reported. Prices of transport services soared 3.89%, largely due to a 7.18% spike in petrol prices after they were revised up three times in June. Those of gas and other energy products, meanwhile, declined 6.09%, the office said. Prices of food and dining services picked up 1.05% during the month. Those of rice, a major component of food, grew 0.57% on the back of low supply as the Winter-Spring harvest nears end. Prices of foodstuff surged 1.27% last month, with the growth seen in various products, such as fresh, dried and processed vegetables (4.47%), eggs (2.59%), confectionery (1.65%), poultry meat (1.58%), and fresh and processed fruits (1.54%). House rental rates went up 1.64% while construction materials and water … [Read more...] about HCM City’s CPI picks up 0.91% in June

At the foot of Tam Dao mountain range, the Ngao waterfall in Dai Tu District has become a popular weekend retreat, easily accessed with a two-hour drive from Hanoi. The road leading to the waterfall cuts through dense forests offering cool shelter from hot summer days. Promoted by travel bloggers as an ideal summer escape, the waterfall has drawn increasing numbers of people from the capital city. Of these, many choose to camp overnight in the area. As tourist numbers increase, some families living near the waterfall have opened homestay facilities with camping and catering services. Around two kilometers from the Ngao Waterfall is the Mo&Jen Camp Retreat. It offers luxury camping services with amenities like bathrooms, toilets, mattresses, fans and food. The campsite has 11 tents that can accommodate four people each, all set up in a grove on the edge of a small stream. Each tent is … [Read more...] about Chill out in summer, camp at a waterfall near Hanoi