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Economic - market news on March 17, 3: Domestic gold price is adjusted downward


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Economic - market news on March 16, 3: Today's 2024 ring gold price is still high Gold price today March 999.9, 17: SJC gold at the end of the week turned downhill

Domestic gold prices have been adjusted downward

After continuously setting records last week, world gold prices stabilized this week with spot gold remaining in the range of 2.184 - 2.153 USD/ounce. Besides, the interest rate decisions of a series of central banks next week are expected to also affect the direction of gold.

Economic - market news on March 17, 3: Domestic gold price is adjusted downward
The domestic gold price on the morning of March 17 was adjusted downward

Currently, at 9 a.m. this morning (March 17), the SJC brand gold bar price is listed at 3 million VND/tael purchased and 79,60 million VND/tael sold. Gold ring prices fluctuate continuously. At Bao Tin Minh Chau, at 81,45am this morning, it was listed at 9 million VND/buy amount and 68,13 million VND/sell amount.

Pho Festival 2024

Pho Festival 2024 takes place in Nam Dinh province from March 15 - 17 with the theme "Vietnamese Pho Road", opening up interesting experiences for thousands of people and tourists to learn about Vietnamese pho types, dishes Traditional spices, techniques to create a delicious pot of broth and enjoy pho from three regions with their own unique characteristics and sophistication.

The event attracted the participation of more than 65 chef artisans and culinary experts from the Royal Vietnam Chef Association, Vietnam Chef Association...; Gathering 50 booths of brand businesses participating in performing and promoting the image and brand of Vietnamese pho from all regions of the country such as: Thin Pho, Ha Giang corn pho, Lang Son sour pho, artichoke pho Da Lat, Lam Dong pho, Quang Nam cassava pho, Hue green banana flour pho, Gia Lai pho...

The USD returned to the 103 mark

This morning, the State Bank announced that the central exchange rate of Vietnamese Dong to USD decreased by 17 VND for the week, down to 23.979 VND. The USD Index (DXY), which measures fluctuations in the greenback with 6 major currencies, increased by 0,71% weekly, reaching 103,45. Meanwhile, the euro increased slightly at 1,0889 USD; The British pound fell 0,1% to $1,2737.

Last week, the greenback continuously lost value amid falling US bond yields, due to expectations that the US Central Bank will soon begin to loosen monetary policy. The US Federal Reserve (Fed) will likely start cutting interest rates at some point this year, noting that policymakers need more data proving that inflation is on the rise. move towards the 2% target in a sustainable way.

The Ministry of Health will establish new prices for 10.000 medical services

The Ministry of Health is building a new price list of 10.000 medical services according to the above mentioned correct calculation. To build this price, in March the ministry will issue technical and economic norms as a basis for calculating prices. . This is the first time management costs are included in hospital fees and it is expected that hospital fees will be adjusted to increase compared to the current level.

How to calculate hospital fees correctly and in full according to the new Law on Medical Examination and Treatment effective from July 1, 7. Accordingly, the new method of calculating hospital fees will apply according to the provisions of the current Law on Medical Examination and Treatment and the Law on Prices. There are 2024 groups of costs used to calculate prices including labor costs (salaries, wages appropriate to the type of service provided); Direct costs used for medical examination and treatment (blood, drugs, infusion fluids, medical supplies); equipment depreciation costs and management costs.

Europe sells 120-150 USD/carbon credit when Vietnam only sells 5 USD

At the end of 2023, Vietnam signed documents transferring 10,3 million tons of CO2 in the North Central region to the World Bank. The transfer price is 5 USD/ton of carbon, equivalent to 51,5 million USD (about 1.250 billion VND).

Many opinions say that, compared to the world, the selling price of 5 USD/forest carbon credit is too low. For example, in Europe it can be sold for 120-150 USD/carbon credit, while in other markets it can be sold for 70-100 USD.

However, experts analyze: 5 USD/carbon credit from forests is a voluntary selling price, so it is lower than the mandatory price. Some countries around the world have sold carbon credits voluntarily, with an average price of about 3,8 USD/credit. Some places sell it lower, about 2,5 USD/credit, some places sell it for 7 USD/credit. With this program, the world is trading from 1,6 to 8,9 USD/carbon credit. Therefore, Vietnam recently sold 5 USD which is an average price, not low.





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