The Viet Nam Gas Association's Southern Gas Branch said that the global import contract price set for this month had fallen $220 per tonne, leading to a record drop in domestic gas prices as global oil prices continued to plummet. … [Read more...] about Gas prices fall on global oil declines
Why bond prices fall when yields rise
Most of businesses who participated in the meeting chaired by Deputy Prime Minister Trinh Dinh Dung and Minister of Agriculture and Rural Development Nguyen Xuan Cuong have released documents on reducing the price of live hog to VND70,000 a kilogram since April 1. … [Read more...] about Pig price falls to VND70,000 per kilo
Shale producer Whiting Petroleum, which was once the largest oil producer in the US state of North Dakota, filed for bankruptcy on Wednesday. The company said it had worked to cut costs and would continue to operate under a restructuring plan. … [Read more...] about Coronavirus: Oil prices rise on hopes of a price war truce
Seafood exporters have seen up to half of their orders canceled or delayed by buyers in Europe, South Korea and China, according to a recent report by the Vietnam Association of Seafood Exporters and Producers (VASEP). Seafood exports to all markets in the first two months fell 10.8 percent year-on-year to $991.5 million, it said. … [Read more...] about GDP growth could fall to 34-year low: Fitch Solutions
When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?