Financial investment channels have many fluctuations.

Customers look at gold rings and jewelry at a jewelry center in Bien Hoa city. Photo: L. Phuong

Meanwhile, real estate investments continue to face many difficulties, deposit interest rates tend to decrease. Unpredictable developments in financial investment channels have significantly impacted investor sentiment.

The stock market is unpredictable.

The financial and stock markets have recently been strongly affected by developments in trade tensions between the US and China, especially following news of the US imposing new reciprocal tariffs.

Director of Yuanta Securities Vietnam Co., Ltd. , Dong Nai Branch, Bui Quoc Phong, commented that the stock groups that were most heavily affected after the news about the imposition of reciprocal taxes from the US were: textiles, seafood, wood and electronic components groups... In particular, VN-Index had sessions of sharp declines when the news about the reciprocal taxes from the US was announced. However, up to now, investor sentiment has gradually stabilized and the market is finding a balance again.

Currently, deposit interest rates at banks continue to decrease. According to statistics from the State Bank of Vietnam , since February 25, when the State Bank of Vietnam requested the commercial banking system to lower deposit interest rates, 28 domestic commercial banks have reduced deposit interest rates by 0.1-1.05%/year. Deposit interest rates at banks have continuously decreased in recent times, causing the amount of money deposited in banks to tend to decrease.

According to many experts, with developments related to tariffs from the US, especially when trade tensions between the US and China through reciprocal tax policies are still unpredictable, the stock market situation will still be affected and difficult to predict.

Ms. TS (residing in Quang Vinh ward, Bien Hoa city) said that in the context of the stock market and gold market having many unpredictable fluctuations, especially when the gold price "climbs" every day, many codes and stock groups fluctuate due to fluctuations in the world economic situation, she carefully considers before deciding which "basket to put eggs in" to invest appropriately and promptly seize opportunities.

Mr. Bui Quoc Phong recommends that investors need to equip themselves with a solid knowledge base, choose stocks that are less likely to be affected by counterpart taxes, and always update information on market fluctuations through news from securities companies to accurately grasp market developments, seek investment opportunities while still ensuring risk prevention in a volatile world like today.

Gold prices continue to "break" all records

In the past month, domestic gold prices have been continuously climbing due to the influence of world gold prices. In particular, in the past week, gold prices have broken many records.

At one point, the buying price of SJC gold bars was VND 122 million/tael, and the selling price was VND 124 million/tael, an increase of more than VND 20 million/tael in both buying and selling compared to the beginning of April 2025. The difference between the buying and selling price of gold bars also fluctuated continuously according to the purchasing power in the market, at one point widening to VND 3 million/tael before decreasing to about VND 2 million/tael in recent days.

Similarly, the price of gold rings has also continuously "broken" records. The 9999 round ring (Hung Thinh Vuong) of Doji Gold and Jewelry Group at one point recorded a buying price of 11.7 million VND/tael, selling price of 12 million VND/tael (equivalent to 120 million VND/tael), an increase of 1.7-1.8 million VND/tael compared to the beginning of April 2025.

According to representatives of many large jewelry centers in Bien Hoa City, the number of customers coming to buy gold in recent days has increased dramatically compared to last month. Due to the sudden increase in demand and the limited supply of gold, there were times when many jewelry centers were "out of stock", with no gold bars or plain rings left to sell.

After the Government’s “hot” directive on stabilizing the gold market, strengthening inspections to prevent gold speculation, the market somewhat “cooled down” last weekend when the gold price unexpectedly dropped quite sharply. However, at the beginning of this week, the gold price skyrocketed again. This greatly affected the psychology of investors in this precious metal.

Manager of Doji Bien Hoa Gold and Jewelry Center (Bien Hoa city) Tran Phuoc Tho said that when the gold price increased again at the beginning of this week, the number of customers asking to buy gold increased by about
20-30% compared to last weekend. Meanwhile, on the other hand, many customers are still “waiting” for the gold price situation, from which they will decide to sell or continue to hold on to wait for a higher price.

Lam Phuong

Source: https://baodongnai.com.vn/kinh-te/202504/cac-kenh-dau-tu-tai-chinh-co-nhieu-bien-dong-cf54ae2/