- Issuing 127,000 billion VND of government bonds

The Ministry of Finance assigned the State Treasury to issue VND127,000 billion in government bonds in the first quarter of 2024, including mobilization from the Vietnam Social Security. In 2023, the State Treasury mobilized VND298,476 billion in government bonds, reaching 98% of the adjusted plan assigned by the Ministry of Finance (VND305,000 billion) (according to VTV).

- Random inspections and strict punishment if ATMs run out of money during Tet

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just signed and issued Official Dispatch No. 01/CD-NHNN, requesting units under the SBV, credit institutions, foreign bank branches, and payment intermediary service providers to strengthen measures to ensure a healthy, safe, and economical Lunar New Year. The Governor requested directors of State Bank branches in provinces and cities to strictly handle cases where transaction offices and branches let ATMs run out of money or are not operating due to subjective errors of the bank during Tet (according to Nguoi Lao Dong).

- Deputy Minister of Agriculture and Rural Development announced a series of good news to millions of farmers

Speaking to the press today about the results of his recent working trip to China, Deputy Minister Tran Thanh Nam said that during the meetings, the two sides discussed and agreed on many issues related to the agricultural and rural sector. Mr. Nam said that the two sides agreed to complete and supplement some contents to sign 3 decrees: export of naturally exploited aquatic products; export of farmed crocodiles; export of farmed monkeys from Vietnam to China. Regarding fruit and vegetable products, the neighboring country agreed to open the market for more of Vietnam's key fruits... (See more)

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The Deputy Minister also informed about Chinese customers warning about the quality and appearance of Vietnamese durian (Photo: Nguyen Hue)

- Quang Ninh's largest casino sinks into losses

In its recently released fourth quarter 2023 financial report, Royal International Corporation (UPCoM: RIC) - owner of the Royal Ha Long casino hotel - recorded a slight increase in revenue compared to the same period last year, reaching VND 24,793 billion. However, after deducting expenses, the only casino owner in Ha Long still reported a loss of more than VND 18.4 billion. Although it has decreased sharply compared to the loss of VND 24.8 billion in the same period in 2022, this is still RIC's 17th consecutive quarter of loss since the end of 2019 (according to Tri Thuc Truc Tuyen).

- A business makes a profit of nearly 4 billion VND per month by selling milk tea and food on airplanes.

Noi Bai Air Catering Joint Stock Company (stock code: NCS) recently announced its financial report for the fourth quarter of 2023, recording net revenue of nearly VND 167 billion, an increase of 27.6% over the same period. In the whole year of 2023, NCS achieved revenue of VND 613 billion (an increase of 50% over the same period), of which revenue from providing meals (food, milk tea) alone was VND 525 billion (accounting for 85%). NCS's net profit for the whole year of 2023 increased by 772% over the same period in 2022, reaching VND 46 billion. Thus, this enterprise earns more than VND 3.8 billion per month (according to Nguoi Lao Dong).

- Further price reduction, Mr. Trinh Van Quyet's yacht has decreased by nearly 12.5 billion compared to the original price.

After 6 unsuccessful auctions, Mr. Trinh Van Quyet's FLC Albatross yacht continues to be sold for the 7th time by BIDV Quy Nhon branch (through the auction company) at a deeply discounted price.
The latest starting price is VND23,294 billion, down nearly VND2.6 billion compared to the 6th auction, and down VND12.41 billion compared to the first starting price announced more than a year ago, equivalent to a 35% decrease compared to the original price. (See more)

- Countries compete to erect 'barriers': Exporting 'quick-fix' agricultural products is easily banned

Not only do they issue warnings about violations, major export markets for Vietnamese agricultural products also erect more “barriers” to imported goods. If they continue to follow the “quick fix” approach, Vietnamese agricultural products are likely to be banned. (See more)

- With the passing of two important laws, will real estate and banking stocks 'rise'?

Real estate and banking stocks were the focus of attention and evaluation from investors last week, when the Land Law (amended) and the Law on Credit Institutions (amended) were passed at the extraordinary session of the National Assembly on January 18. (See more)

Today's international oil prices decreased slightly. Brent oil price is at 78 USD/barrel, while WTI oil price is at 73 USD/barrel.

The stock market on January 22 recorded the VN-Index increasing by 1.36 points to 1,182.86 points. The most impressive was NVL, which jumped by 5.49%. Steel stocks also performed positively.

The central exchange rate on January 22 was 24,031 VND/USD, down 6 VND compared to the previous session. The USD price at commercial banks on January 22 decreased slightly, listed at the end of the session at 24,335 VND/USD (buy) and 24,705 VND/USD (sell). The USD price on the free market increased sharply, up to 200 VND per USD, pushing the selling price above 25,000 VND. The international USD price went down.

Today's gold price in the domestic market, SJC gold decreased sharply in the selling direction, while the international market also decreased slightly. Experts advise investors to limit putting all their capital into gold.

January 22nd saw a series of banks reduce deposit interest rates. Some banks, despite having reduced their rates three times since the beginning of the year, still pay interest rates above 6% for some terms.