From the beginning of 2024 until now, gold increased by 20.75%, USD increased by 4.6%

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– From the beginning of 2024 until now, gold increased by 20.75%, USD increased by 4.6%

This data was announced by the General Statistics Office in the Socio-Economic Situation Report for April and the first 4 months of 2024.

According to the General Statistics Office, domestic gold prices fluctuate in the same direction as world gold prices. As of April 25, the average world gold price was at 2,322.36 USD/ounce, up 8.54% compared to March due to escalating geopolitical tensions in the Middle East pushing investors to seek Gold as a safe haven.

Domestically, the gold price index in April increased 6.95% over the previous month, up 17.01% over December 2023, up 28.62% over the same period last year. The average increase in the first 4 months of the year was 20.75%.

Regarding the USD, the General Statistics Office said that around the world, the price of the USD increased because the Fed has not given a specific time to loosen monetary policy and reduce interest rates, so the value of the USD increased.

As of April 25, the USD index on the international market reached 104.95 points, up 1.4% over the previous month. Domestically, the demand for USD from businesses importing raw materials and fuel increased, the average USD price on the free market was around 25,120 VND/USD. USD price index in April increased by 1.2% compared to the previous month, increased by 3.03% compared to December 2023, increased by 6.51% compared to the same period last year, an average increase of 4.6% in the first 4 months of the year. %.

According to records, SJC gold bar price closed before the holiday at 83 – 85.2 million VND/tael. USD price at Vietcombank stands at 25,088 – 25,458 VND. The USD/VND exchange rate on the free market is 25,540 – 25,640 VND.

– Gasoline prices increased, causing the 4-month average CPI to approach the 4% threshold

With the consumer price index (CPI) in April 2024 increasing by 0.07% over the previous month, on average for 4 months, CPI has increased by 3.93% over the same period last year, approaching the threshold of 4%.

Data just announced by the General Statistics Office, CPI in April 2024 increased by 0.07% compared to the previous month. The increase in gasoline prices following world fuel prices is the main reason for this increase in CPI in April.

Also according to data from the General Statistics Office, compared to December 2023, CPI in April increased by 1.19% and compared to the same period last year increased by 4.4%. Meanwhile, on average in the first 4 months of 2024, CPI increased by 3.93% over the same period last year.

This is a fairly high increase, approaching the 4% threshold. This shows that we need to be careful in price management in the coming time, because inflationary pressure is still there.

– 6 million international visitors chose to travel to Vietnam in the first 4 months of the year

In the first 4 months of 2024, the number of international visitors to Vietnam has exceeded 6 million, an increase of 68.3% over the same period.

According to data from the Tourism Information Center (Vietnam National Tourism Administration), in the first 4 months of 2024, the total number of international visitors to Vietnam reached 6.2 million, an increase of 68.3%. compared to the same period in 2023. In April alone, there were 1.55 million visits, an increase of 58.2% over the same period last year.

Vietnam tourism is entering the peak domestic tourism season, however the number of international visitors still remains at a good level. The total number of international visitors in the first 4 months was 3.9% higher than before the epidemic, showing the recovery and very good development of the Vietnamese tourism market.

In terms of market size, Korea continues to be the market with the largest number of tourists in Vietnam with 1.6 million (accounting for 25.8%). China ranked 2nd, reaching 1.25 million visits (accounting for 20%), followed by Taiwan (China) at 3rd place (418,000 visits), the US at 4th place (301,000 visits) , Japan is in 5th place (235,000 visits).

In addition, among the 10 largest markets of Vietnamese tourism are Malaysia (181 thousand visits), Australia (180,000 visits), Thailand (163,000 visits), India (158,000 visits), Cambodia (155,000 visits). .

Regarding growth drivers, Asia is the leading region with an increase of 77.2% over the same period in 2023. Of which, large markets in Northeast Asia are the main driving forces: China (+394 .9%), Korea (+49.6%), Japan (+47.2%), Taiwan (+116.3%).

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