On April 18, China’s National Bureau of Statistics announced that the country’s GDP increased by 4.5% in the first quarter compared to the same period last year. This speed is higher than the previous quarter (2.9%) and exceeds analysts’ forecasts (4%).
After the Russia-Ukraine conflict, Western powers changed their thinking about their strategy with China. The US and its allies are seeking to reduce economic relations with China, wanting to limit relations in certain areas that they consider strategic but still preserve large-scale trade and investment flows. With the world’s second largest economy…
At the meeting on April 22, the Prime Minister requested the State Bank to continue to direct banks to lower interest rates appropriately to support people and businesses…At the same time, the Prime Minister also requested to design Support the corporate bond market to enhance market confidence, thereby increasing supply, liquidity, and developing the market on a safe and effective basis.
Better-than-expected US economic data and the threat of inflation eating into the broader economy pushed gold prices to end the week near a two-week low. At the end of the week, the world gold price closed the session down 21.4 USD to 1,983.9 USD/ounce. Meanwhile, the domestic gold price was relatively stable, adjusted to increase slightly by 50,000 VND/tael in both directions. buy in – sell out. Currently, the buying/selling price of SJC gold bars is at 66.5 – 67.5 million VND/tael.
The stock market continued to have a week of decline, VN-Index ended at the lowest level in the last 4 weeks (based on closing price). For the whole week, VN-Index decreased 9.98 points (-0.95%) points, to 1,042.91 points. Open-ended stock funds still maintain performance compared to the market, the risk level of the portfolio is always maintained lower than the general market. In there, VCBF – MGF stock fund certificates are having the best performance with a profit of 8.73% from the beginning of 2023.
In the past week, bond funds have maintained stable profits with positive rates of return. Among them, VCBF-FIF bond fund certificates are having the best performance with an increase of 0.02%.