- 4 Ocean Group leaders resign

Recently, 4 leaders of Ocean Group, including the general director, members of the board of directors, and heads of the board of supervisors of this group, resigned simultaneously. Previously, in December 2023, 2 companies that were just established a few days ago became major shareholders of Ocean Group. (according to Dan Tri).

- FLC has not been able to pay nearly 1,100 trillion VND in principal and interest on bonds.

From December 22 to December 28, 2023, FLC must pay the principal of the FLCH2123003 bond lot with a value of VND 996.86 billion and VND 113.51 billion in interest. However, on the maturity date, FLC has not been able to pay the debt for this bond lot (according to Monetary Security).

- Ministry of Finance responds to the case of the Western oil giant owing thousands of billions in taxes

The Ministry of Finance has just sent an official dispatch to the People's Committee of Hau Giang province regarding the request of Nam Song Hau Petroleum Investment and Trading Joint Stock Company (located in Mai Dam town, Chau Thanh district, Hau Giang province) to gradually pay tax arrears. "In case the company fails to complete the dossier to gradually pay tax arrears, the Hau Giang Provincial Tax Department will take coercive measures against the company in accordance with the provisions of law." - The Ministry of Finance requested (according to Tien Phong).

- Vietnam Shipbuilding Industry Corporation begins bankruptcy

After the Government issued Resolution 220/NQ-CP, which included the task of implementing the bankruptcy process of the Shipbuilding Industry Corporation (SBIC, formerly known as Vinashin), the Ministry of Transport took steps to implement this bankruptcy process. After bankruptcy, the proceeds from the liquidation of the company and assets will be used according to bankruptcy law, such as paying debts, salaries and social insurance for employees still remaining from the Vinashin era. (according to Tien Phong).

- Northern 'power rescue' hotline: Prime Minister directs, but localities are still slow

The State Steering Committee for important national programs, works and projects, key energy sector has sent a document to the Ministry of Agriculture and Rural Development, People's Committees of related provinces; Vietnam Electricity Group (EVN); National Power Transmission Corporation (EVNNPT) on handling difficulties and obstacles in implementing the 500kV line 3 projects from Quang Trach to Pho Noi. Many localities have not yet approved the policy of changing the purpose of forest use for planted forests according to regulations, as a basis for implementing compensation and site clearance work. (See more)

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Investment in the Quang Trach - Pho Noi line 3 is urgent. (Illustration photo)

- Apartment prices in Hanoi increase rapidly and are higher than in Ho Chi Minh City

At the press conference on the Overview of the Hanoi Real Estate Market in the Fourth Quarter of 2023, CBRE experts commented that the housing market in Hanoi and Ho Chi Minh City in 2023 recorded bright spots but also many challenges. CBRE commented that the price of apartments in Ho Chi Minh City last year decreased by 2% while the price of this type in the Hanoi market increased by nearly 15% and became a market attracting investment from businesses in the South (according to Tien Phong).

- Song Hong Corporation's CEO has just been arrested: Billions in debt, new major shareholder appears

Song Hong Real Estate Investment Joint Stock Company (Song Hong Land) is an institutional investor that spent nearly VND 139 billion to buy 13.23 million SHG shares of Song Hong Corporation. After the first half of 2023, Song Hong Corporation achieved net revenue of just over VND 3.8 billion, down 83% over the same period. At the end of the first half of 2023, this corporation recorded a loss after tax of nearly VND 27 billion. (See more)

- Many owners are selling a series of hotels in Hoi An at a loss.

A tycoon of a famous hotel chain in Hoi An shared that the company has 7 hotels with nearly 2,000 rooms. Facing difficulties, he decided to sell 4 hotels at a loss to have money to pay off bank loans. Some hotels had to be sold at a loss of up to 40%. (See more)

- After losing thousands of billions, Mr. Do Quy Hai's business has new signals

After its capitalization decreased by VND4,500 billion and it delayed bond interest payments many times, Hai Phat Investment JSC (code: HPX), chaired by Mr. Do Quy Hai, has just shown a new signal when it bought VND350 billion worth of bonds early. Previously, HPX also announced that it had paid interest for the fourth period of the bond lot coded HPXH2124009 with an amount of more than VND14.3 billion. (See more)

- Simple way for SJC gold price to connect with the world, even though it is still a monopoly

The domestic gold bar price is 12-13 million VND/tael higher than the world gold price, sometimes even 18-20 million VND higher. To end this situation, experts 'offer advice' to help SJC gold price connect with the world price, without worrying about monopoly. (See more)

- Vietnamese businesses compete to sell 'white gold' to China

China is the world’s largest consumer of bird’s nests, with an import volume of about 8 billion USD per year. Vietnamese enterprises are competing to export “white gold” to this market. (See more)

Today's international oil prices increased following the upward trend from the previous session. Oil prices increased due to concerns about tensions in the Middle East.

The stock market on January 10 recorded the VN-Index increasing by 2.95 points to 1,161.54 points. Statistics show that the 7 stocks that had the most positive impact on the VN-Index were all banking stocks. Order matching liquidity was high, reaching VND19,502 billion.

The central exchange rate on January 10 was 23,928 VND/USD, down 3 VND compared to the previous session. The USD price at commercial banks continued to increase on January 10, listed at the end of the session at 24,185 VND/USD (buy) and 24,555 VND/USD (sell). Meanwhile, the international USD price went down.

Today's gold price on January 10 in the domestic market, SJC gold remains unchanged at 74.5 million VND/tael. The world gold price slightly decreased due to the strong USD hindering the upward momentum of gold.

Bank interest rates 10/1 recorded some banks adjusting up for some deposit terms. Another bank changed its interest rate table in an upward direction and later determined it was due to a technical error.