At 8:40 a.m. on February 22, Vietnam time, the world gold price stood at 2,027 USD/ounce, a slight increase of 2 USD/ounce compared to the same time on the morning of February 21. Meanwhile, SJC gold remains at a high level.
Economic experts predict that in the short term, world gold prices may move sideways. World gold prices are waiting for salary data and the hearing of the Chairman of the US Federal Reserve (Fed) in early March.
On the night of February 22, the US continued to announce the purchasing management index of the manufacturing, services, and mixed sectors and the first unemployment benefit applications of the week. This will be the data for the Fed to assess the “health” of the economy. These will be data that impact gold prices in the short term.
In the domestic market, opening the afternoon trading session on February 22, Saigon Jewelry Company listed the buying and selling price of SJC gold at 76.1 – 78.93 million VND/tael.
DOJI Hanoi Gold lists gold prices at 76.05 – 78.25 million VND/tael. DOJI 9999 gold ring in Hanoi market stands at 64.1 – 65.3 million VND/tael, the difference between buying and selling is at 1.3 million VND/tael.
Phu Nhuan Jewelry Joint Stock Company (PNJ) listed SJC gold price in Hanoi market at 76.1 – 78.32 million VND/tael. Gold ring price is listed at 63.3 – 64.5 million VND/tael.
Phu Quy SJC is listing SJC gold bars at prices of 76.4 – 78.3 million VND/tael.
The price of Thang Long dragon gold plain round ring at Bao Tin Minh Chau Company stood at 64.42 – 65.52 million VND/tael (buying – selling), an increase of 140,000 VND/tael for buying and selling compared to the closing session. before. The difference between buying and selling is 1.1 million VND/tael.
– The government strictly controls violations of alcohol concentration while driving, Saigon beer shifts sales
Faced with the negative impact of the implementation of Decree 100 on beer sales volume, Saigon Beer – Alcohol – Beverage Joint Stock Corporation (Sabeco, HoSE: SAB) does not expect there will be a structural change in beer consumption capacity per capita in the medium and long term. SAB is expected to have a shift in consumption channels from on-site consumption channels (on-trade) to purchase channels (off-trade) while SAB is relatively stronger in off-trade channels.
Saigon Beer – Alcohol – Beverage Joint Stock Corporation (Sabeco, HoSE: SAB) in particular and the entire beer industry in general have just experienced a gloomy business year when industry-wide consumption decreased sharply under the impact of the combination of alcohol concentration regulations as well as reduced purchasing power.
In 2023, SAB will record net revenue decreasing by 13% compared to the level realized in 2022, reaching VND 30,461 billion. The beer segment accounts for 88% of SAB’s revenue, reaching VND 26,923 billion, down 12%. SAB’s profit after tax in 2023 will reach VND 4,255 billion, down 23% compared to 2022.
SAB’s 2023 results are not equivalent to the management’s expectations, revenue and profit are only completed at 75%. SAB said that fierce competition, consumer demand, and domestic economic recession along with strict implementation of Decree 100 caused revenue to decrease, affecting business profits.
– VinFast signed an agreement to supply 600 electric vehicles to 3 Indonesian businesses
Within the framework of the IIMS 2024 event, VinFast officially signed a Memorandum of Understanding on providing 600 electric vehicles to 3 Indonesian businesses. This agreement also opens up opportunities for the Vietnamese electric vehicle company to exploit the great potential of the local electric vehicle market, as well as promote the development of green transportation in the region.
According to the agreement, VinFast will provide 600 electric vehicles to 03 Indonesian businesses, PT. Energi Mandiri Bumi Pertiwi, PT. Sumber Amarta Jaya and PT. Teknologi Karya Digital Nusa Tbk. These vehicle models will serve the company’s goal of expanding its corporate vehicle fleet, meeting the growing needs of the local green transportation market.
