- 2 times increasing electricity price, EVN still reports big loss in 2023
In a recent report sent to the Ministry of Industry and Trade, Vietnam Electricity Group (EVN) said it continues to face many difficulties and challenges in ensuring electricity supply and financial balance. Despite the electricity price adjustment of 3% and 4.5%, EVN still recorded a loss in 2023. EVN still recorded an estimated loss of VND 17,000 billion, of which the parent company lost VND 24,595 billion (according to Tuoi Tre).
- Prime Minister requests early upgrading of stock market
Prime Minister Pham Minh Chinh has just signed an official dispatch to strengthen solutions to promote the stock market to develop safely, transparently, effectively and sustainably. The Prime Minister requested the Ministry of Finance and relevant agencies to resolutely implement necessary tasks and solutions to upgrade the Vietnamese stock market from a frontier market to an emerging market as soon as possible (according to Tien Phong).
- Solar power's fate is 'unclear' because it is not known which project is in violation
The Ministry of Industry and Trade proposed that the Prime Minister approve the plan to implement the Power Plan VIII without including a list of concentrated solar power projects with investors. The reason is that the provinces do not have a firm commitment on the status of violations, investment efficiency... (See more)
- 5.3 million farming households participate in e-commerce platforms
To date, over 5.3 million agricultural households have created accounts on the e-commerce platforms Postmart.vn and Voso.vn; 5.8 million agricultural households have been trained in digital skills. (See more)
- 17,000 Thai Binh workers unexpectedly received fire extinguishers from the company
Mr. Le Tuan Thien, Party Secretary of Tan De Sports Products Production Joint Stock Company (Thai Binh Province) said that the company gave each worker a fire extinguisher to take home. Nearly 17,000 workers happily received the fire extinguishers given by the company after work as a special gift. (See more)
- Banking PhD was scammed of more than 470 million VND but did not dare to complain to anyone
Attending the book launch ceremony “Be Smart with Money - Avoid Worry”, Dr. Le Xuan Nghia - member of the National Monetary and Financial Policy Advisory Council - shared the story of his close friend, a famous PhD who worked for many years in the banking industry, but was recently scammed out of 470 million VND online. (See more)
- Another Hoi An house related to tycoon Nguyen Lam Huy is being sold by the bank.
Agribank has just announced the first auction of assets including land use rights, house ownership rights and other assets attached to land related to the debt of tycoon Nguyen Lam Huy. (See more)
- Officially cancel the auction results for renting Thuy Ta restaurant at a 'huge' price in Da Lat
On December 14, the People's Committee of Lam Dong province announced that it had just issued a decision to cancel the auction results for leasing assets on land and land lease with annual payment, 10-year lease term for Thuy Ta restaurant (Ward 1, Da Lat City). Thus, the controversy surrounding the auction to lease Thuy Ta restaurant with a price of up to 151 billion VND for 10 years has ended (according to Tien Phong).
- Real estate company loses hundreds of billions, shares are about to be delisted
TKC shares of Tan Ky Real Estate JSC are about to be delisted from the HNX from December 22 due to serious violations of information disclosure obligations and failure to fulfill financial obligations. According to the financial report for the fourth quarter of 2022, Tan Ky Real Estate has a debt of VND 1,719 billion, while its equity is negative VND 469 billion. Profit after tax is negative VND 638 billion (according to Nguoi Lao Dong).
- The tycoon behind the scenes jumped into the Ocean Group through a 7-day-old company
Mr. Ha Van Tham’s former Ocean Group also has valuable real estate projects and the profitable Trang Tien Ice Cream brand. These are also the assets that many secretive tycoons have targeted in recent years. (See more)
- Before LPBank Securities, Mr. Thuy was the boss of which securities company?
Mr. Nguyen Duc Thuy's relationship with securities is not only through LPBank - where he has been Chairman of the Board of Directors since the end of 2022. More than 10 years ago, this trillionaire was the chairman of a securities company. (See more)
- Fresh imported pine trees hit the market before Christmas at super cheap prices
No need to buy by weight or spend several million to tens of millions of dong, imported fresh pine trees are flooding the Vietnamese market before Christmas at super cheap prices. (See more)
Today, the price of gasoline and oil in the world market increased after falling to the lowest level in 6 months. Domestic gasoline and oil prices are being managed by the Ministry of Industry and Trade - Ministry of Finance in a downward direction, in which RON 95 gasoline continued to decrease for the 5th consecutive time.
The stock market on December 14 recorded the VN-Index falling 4.07 points to 1,110.13 points. Order matching liquidity on the HoSE floor was low, reaching only VND12,149 billion.
The central exchange rate on December 14 decreased by 9 VND, down to 23,945 VND/USD. The USD price at commercial banks today fluctuated little, closing the session listed at 24,050-24,420 VND/USD (buy - sell). Meanwhile, the world USD price went down.
Gold prices on the world market today increased sharply from a 3-week low. Domestic gold bar prices 'danced', slightly decreasing in the afternoon but still over 74.3 million VND/tael. Gold ring prices increased sharply, some brands increased by over 1 million VND/tael.
Bank interest rates today, December 14, recorded two more banks reducing interest rates, VIB and VPBank. Interest rates at the remaining banks remained unchanged.
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