Gold prices slip in the market

Local gold prices dropped sharply after the weekend. At 10am on August 10, the prices were rated down nearly VNĐ1 million ($43) from an hour before at VNĐ59 million (US$2,540) per tael.

Vietnam's Dung Quat refinery processes first batch of Russian Sokol crude

Vietnam’s Dung Quat oil refinery has processed its first batch of Russian Sokol crude oil on a trial basis, as it seeks a replacement for shrinking domestic Bach Ho output, its operator Binh Son Refining and Petrochemical said on Monday.

Economists warn of ‘psychological inflation’ in Vietnam

The high CPI increase in the first half of the year will challenge the regulation of goods and service prices in the remaining months of the year, experts say.

Gold prices go up, VN central bank commits to stabilise market

Prices of the yellow metal soared a new record reaching VND62million(US$2,681) per tatel or 1.2 ounce in Vietnam on Thursday after the State Bank of Viet Nam (SBV) confirmed to have solutions and sufficient resources to stabilise the market.

Oil prices mixed as coronavirus concerns undercut support from lower U.S. crude stocks

Oil prices were mostly flat on Thursday, as a boost from lower-than-expected U.S. crude stocks that lifted the market to five-month highs in the previous session gave way to fuel demand concerns amid rising coronavirus infections.

Like Gold, Oil Rallies Too, But It’s a Different Story Altogether

While gold and silver are setting one record high and milestone after another on the back of a cratering dollar, oil has been having its own little hurrah — although the government data that gave crude its latest pop on Wednesday barely justified the action.

Turning carbon dioxide into liquid fuel

Catalysts speed up chemical reactions and form the backbone of many industrial processes. For example, they are essential in transforming heavy oil into gasoline or jet fuel. Today, catalysts are involved in over 80 percent of all manufactured products.
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