- Vietnam's e-commerce increased by 4 billion USD, fastest growing in Southeast Asia
The Department of E-commerce and Digital Economy (Ministry of Industry and Trade) said that 2023 will witness a remarkable breakthrough in the field of e-commerce. The scale of Vietnam's retail e-commerce market in 2023 is expected to reach 20.5 billion USD, an increase of about 4 billion USD compared to 2022. Vietnam is assessed to have a growth rate in the group of 10 countries with the highest growth rate in the world, leading Southeast Asia and is expected to continue to rise in the next 2 years (according to Nguoi Lao Dong).
- State Bank requires banks to promote consumer lending
The State Bank has just sent a document to credit institutions and foreign bank branches on promoting lending for living and consumption purposes in implementing Official Dispatch No. 766/CD-TTg dated August 24, 2023 of the Prime Minister (according to Monetary Security).
- Deputy Prime Minister: Strictly handle violations of electricity planning, do not let assets be lost
The Government Office has just issued a notice conveying the opinion of Deputy Prime Minister Le Minh Khai on the conclusion of the Government Inspectorate's inspection on the development and investment of wind and solar power. The Deputy Prime Minister requested strict handling of violations in the planning, investment, and construction of solar and wind power in the Power Plan 7 and adjusted 7, to prevent loss of state assets (according to Tuoi Tre).
- Ministry of Finance talks about collecting emission fees for cars and motorbikes
Tay Ninh, Kon Tum, Dong Thap, Bac Giang, Ha Tinh, Lang Son, Dong Nai, Soc Trang, Thanh Hoa provinces proposed to consider adding vehicles to the list of subjects subject to environmental protection fees. Responding to this proposal from localities, the Ministry of Finance said that environmental protection fees for emissions are a new collection policy. (See more)
- The Oil and Gas Group is about to have a new Chairman.
Mr. Le Manh Hung was appointed by the Prime Minister to hold the position of Chairman of the Board of Members of the Vietnam National Oil and Gas Group (PVN), to replace Mr. Hoang Quoc Vuong from the beginning of next year. (See more)
- Tet bonus in Thai Nguyen: Highest 130 million, lowest 100,000 VND
Among more than 260 enterprises in Thai Nguyen province that have reported on the salary situation in 2023 and Tet bonus in 2024, the highest Tet bonus is 130 million VND, belonging to a private enterprise. In addition, there are still 87 enterprises that do not have a Tet bonus plan (according to Tien Phong).
- Vietnam Airlines shares removed from warning list
Vietnam Airlines' HVN shares were removed from the warning list since December 26 because the airline successfully held the 2023 annual general meeting of shareholders and resolved the cause of the warning (according to Dan Tri).
- Urgently inspect credit growth management
The Prime Minister assigned the Government Inspectorate to coordinate with the State Bank and relevant agencies to urgently carry out the task of inspecting credit growth management. That is one of the notable contents in the telegram on strengthening management and improving the efficiency of credit growth management to serve economic growth, which has just been signed and issued by the Prime Minister. (See more)
- Unlike China, will Vietnam's real estate market recover quickly?
The Vietnamese real estate market is said to have passed the most difficult period and is on the way to recovery. The recovery speed may be much faster than China and real estate stock prices are expected to soar. (See more)
- The Government requested to consider supporting and removing difficulties for Bamboo Airways.
Deputy Prime Minister Le Minh Khai requested 6 ministries and branches, according to their functions, tasks and authority, to urgently and proactively handle the recommendations of Bamboo Airways Joint Stock Company. (See more)
- Da Nang reports factory closure, 1,250 workers laid off before Tet
Regarding the news that KT Joint Stock Company in Hoa Khanh Industrial Park (Lien Chieu District) has closed, the Da Nang Labor Federation said that the company has not yet issued an official document on this matter and is operating normally. The total number of workers working at the factory, estimated at about 1,250, will have to stop working for 3 months. (See more)
- The goal of welcoming 18 million international visitors and concerns about sources from China
Acknowledging that the target of welcoming 18 million international visitors in 2024 is a challenging number with many risks, especially the shortage of Chinese visitors, leaders of the National Tourism Administration and businesses believe that this is not necessarily an impossible task. (See more)
- Thai tycoon acquires Starprint Vietnam packaging company
SCGP - a member company of SCG Group (Thailand) - has acquired 70% of capital in Starprint Vietnam - a packaging company based in Dong Nai, Vietnam (SPV) (according to Tuoi Tre).
- Shipbuilding Industry Corporation will be declared bankrupt.
The Government has just passed a resolution to approve the Plan to implement the policy of handling the Shipbuilding Industry Corporation (SBIC). SBIC, formerly the Vietnam Shipbuilding Industry Group (Vinashin), including the parent company and 7 subsidiaries, will go bankrupt from the first quarter of 2024.
- Former CEO fined 1.5 billion, banned from stock trading for 2 years
Mr. Nguyen Viet Ha - former General Director of Khang Minh Group JSC - has just been fined 1.5 billion VND and banned from securities trading for 2 years. Mr. Ha used 23 accounts to continuously buy, sell, and trade Khang Minh Group JSC shares to create fake supply and demand, manipulating stock prices (according to Tien Phong).
Gold prices today, December 23, on the world market turned down but remained at a high of 2,053 USD/ounce due to expectations of the Fed cutting interest rates. Domestically, SJC gold increased by 100,000 VND in selling price, remaining at a historical peak of nearly 77 million VND/tael.
Today's international oil prices slightly decreased after increasing the day before. Brent oil prices lost the 80 USD/barrel mark.
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