News

HCM CITY — The US television network CNN has listed Hạ Long Bay in Quảng Ninh Province as one of the world’s 25 most beautiful places.

Stocks in Asia Pacific were lower in Friday morning trade, following a second day of losses overnight on Wall Street as investors continued to grapple with recent comments by U.S. Federal Reserve Chairman Jerome Powell. Meanwhile, investors await U.S. nonfarm payrolls set to be released later on Friday stateside.

Stocks fell on Thursday as interest rates continued to rise following comments on Wednesday by Federal Reserve Chairman Jerome Powell.

Gold prices slumped to an over four-month low on Thursday after the U.S. Federal Open Market Committee (FOMC) axed any hopes for a rate cut in the near term, subduing demand for the non-interest bearing bullion.

Oil prices fell as much as 4% on Thursday, breaking through a key support level, as rising U.S. crude stockpiles helped offset concerns about a supply crunch.

U.S. government debt yields rose on Thursday as investors pored over the Federal Reserve’s latest statement as well as commentary from Chairman Jerome Powell.

The dollar looked set to end the week with a firmer tone on Friday as markets scaled back bets on a U.S. rate cut, though much depends on what jobs data due later in the session says about the health of the economy and wages.

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,030 VND per USD on May 3, down 3 VND from the previous day (May 2).

Ben Tre (VNS/VNA) - In three years since it launched the Dong Khoi Start-ups and Enterprise Development Programme, the southern province of Ben Tre has adopted many policies to support start-ups, leading to a rise in the number of businesses and jobs, and economic growth, officials told a review conference held recently.