Oil futures rise 7% on Hyperliquid after Trump orders naval blockade of the Strait of Hormuz

At around 5:30 PM on May 5, about a day after facing significant criticism over its recruitment campaign, Oatside Vietnam issued an official reply on its Facebook page, which has about 14K followers. The company said it acknowledged discussions surrounding the recent CMO recruitment and admitted that the campaign deployment…

Middle East conflict shock has wide-ranging impact on the global economy.

The International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank (WB) said on April 13 (local time) that the impact of the Middle East conflict is significant, global and highly uneven, disproportionately affecting energy-importing countries, especially low-income economies. Cause: commodity price shock and disrupted trade The…

U.S. begins blockade of the Strait of Hormuz on April 13, 2026; oil prices rise and U.S. stocks fall

On April 13, the United States began blocking ships entering or leaving the Strait of Hormuz to increase pressure on Iran to reopen a crucial oil shipping route after peace talks failed. In a Truth Social post on April 12, President Donald Trump criticized Iran for not abandoning its nuclear…

Domestic gold prices reverse higher as SJC raises by 1.5 million dong per tael

Domestic gold prices reversed sharply higher in early trading on April 14 after SJC bullion added 1.5 million dong per tael, while global prices also rose. Despite the rebound, the SJC domestic price still remains about 21.6 million dong per tael above the world price. Gold prices rise in tandem…

Gold bullion prices rise by 1.5 million dong per tael as global prices climb

Gold bullion brands have raised the price by 1.5 million dong per tael, bringing the price to 173 million dong per tael. In the first roughly 30 minutes of the morning trading session on April 14, Saigon Jewelry Joint Stock Company (SJC) raised bullion prices twice to 170.5 – 173…

Dragon Capital increases stake in DPG to over 11%

Dragon Capital’s foreign funds group approved two funds to purchase a total of 162,000 DPG shares on April 9. Norges Bank bought 150,000 shares, while Samsung Vietnam Securities Master Investment Trust [Equity] bought 12,000 shares. After the transactions, Dragon Capital increased its holding of Dat Phuong Group Joint Stock Company…

Gold price retreats toward $4,750/oz as SPDR Gold Trust posts sizable outflow

Global gold prices closed lower on Monday (April 13) but remained well above the session’s lows, after the US dollar reversed course following a sharp early rise. The SPDR Gold Trust, the world’s largest gold ETF, sold more than 5 tonnes of gold despite modest net buying in the previous…

Sugar market paradox: global prices rise while Vietnam's domestic prices fall

Vietnam’s sugar market is facing a paradox: global prices are rising, but domestic prices have not increased and, in some product lines, have even fallen. With supply remaining ample while domestic consumption weakens, the industry faces continued pressure in the near term unless authorities coordinate action and producers cooperate. Global…