Lang Son border gate operates during holidays; homestays are sold out

- Border gates in Lang Son operate during holidays

According to information from the Management Board of Dong Dang - Lang Son Border Gate Economic Zone, the border gates "worked until the end of the day, not until the end of the day" during the September 2 holiday. During the 4-day holiday, the authorities still created maximum conditions for businesses to complete import and export procedures (according to Lao Dong).

- Restore confidence in the bond market

Bond issuance activities have started to become active again in August, notably in two areas: real estate and banking. This is a very important capital market for the economy, helping to mobilize medium and long-term capital for businesses (according to Lao Dong).

- VinFast's capitalization drops to 75 billion USD

VinFast shares continued to fall sharply for the fourth session in the September 1 trading session on the US Nasdaq stock exchange. With VFS shares falling, VinFast's capitalization continued to decline to 75 billion USD. Billionaire Pham Nhat Vuong's assets continued to decline. (See more)

- The pawn shop chain where Miss Mai Phuong Thuy bought bonds for the first time reported a loss.

In the first half of the year, F88 Trading Joint Stock Company reported a loss of VND368 billion, while in the same period last year it made a profit of more than VND46 billion. This result ended the previous 4 years when the company was profitable, with a total profit of VND324 billion. In 2019, F88 issued VND100 billion in non-convertible corporate bonds with a term of 2 years. Miss Mai Phuong Thuy bought VND10 billion in bonds in this issuance (according to Dan Tri).

- Customers flock to restaurant in Ha Long, staff tired of scooping seafood

The huge number of visitors flocking to restaurants in Ha Long City during the September 2nd holiday made the tourist area busier than ever. The amount of seafood sold during the September 2nd holiday increased 3 times compared to normal days. (See more)

Homestays are sold out during the September 2nd holiday (Photo: VTC News)

- Homestay is fully booked during September 2nd holiday

During the September 2nd holiday, instead of traveling far or exploring, many tourists choose to stay at homestays in the capital or famous tourist destinations. A series of homestays that caught up with the trend were quickly "sold out" before the holiday (according to Lao Dong).

Roast duck street in Ho Chi Minh City is bustling on National Day holiday

The roasted duck street on Phan Van Tri and Bui Huu Nghia streets, District 5, Ho Chi Minh City is crowded with customers buying roasted duck, chicken, and pork to celebrate the National Day on September 2. Each duck costs from 340,000 to 360,000 VND. (according to VTC News).

- Summer-autumn watermelon season is good, good price

Thanks to the experience of intensive cultivation of off-season watermelon, many farmers in Quang Nam province have had a significant source of income. The price of watermelon is purchased by traders at 4,000-7,000 VND/kg. With this price, farmers have a profit of about 72-100 million VND/ha/crop (according to VTV).

- Prices of many types of seafood are increasing, attracting customers

In the past 2 days, many types of seafood in Tra Vinh, especially some fresh seafood such as tiger prawns, green-legged prawns, sea crabs, blood cockles, mussels... have started to sell well, the selling price has increased to an average of 10,000-20,000 VND/kg (according to Tin Tuc Newspaper).

Oil prices on the world market continued to rise today. Oil prices climbed due to concerns about tight supplies and increased demand. Brent crude oil prices exceeded 88 USD/barrel, while WTI crude oil prices exceeded 85 USD/barrel.

The world USD price tends to increase. The DXY index - measuring the strength of the USD compared to 6 major currencies - surpassed 104 points, recording a 0.08% increase in the week, recovering the decline at the beginning of the week due to weak economic data.

Gold prices on the world market today, September 2, stagnated, around the $1,940/ounce mark. According to experts, a series of weak economic data from the US reinforces the view that the US Federal Reserve (Fed) may have to temporarily suspend raising interest rates.

The interest rate table at banks on September 2 is listing the highest 12-month savings interest rate at only 6.8%/year for regular deposits. However, if customers meet the minimum deposit balance requirement, they can enjoy an interest rate of up to 11%/year for this term.

Economic news evening 1/9: Lending to repay debts to other banks; handling of gasoline hoarding Banks officially lend to repay debts to other banks; strictly handling acts of hoarding goods waiting for price increases, profiteering in gasoline business; gas prices increase sharply for the second consecutive time... are notable economic news of the day.

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