- Deputy Prime Minister requests appropriate price management when starting to increase salary from July 1

Speaking at the conclusion of the meeting on the results of price management and operation in 2023 and orientations for 2024, Deputy Prime Minister Le Minh Khai noted that from July 1, 2024, salaries will be increased, in addition, credit growth targets will also increase, many unpredictable factors such as price fluctuations of some essential goods (gasoline, food, natural disasters, climate change)... Therefore, the Deputy Prime Minister requested that it is necessary to forecast the actual situation closely, be extremely careful, and not be subjective in order to prepare appropriate, timely, and effective price management and operation plans (according to VTV).

- Gold price reaches historic peak of 80.3 million VND, gold trading tycoon makes record profit

Phu Nhuan Jewelry Joint Stock Company (PNJ), chaired by Ms. Cao Thi Ngoc Dung, has just reported its preliminary business results for the fourth quarter of 2023 and the whole year, with profits soaring to a record high. This is the 7th year in the past decade that the company that owns this gold jewelry retail chain has recorded a sharp increase in profits. (See more)

- Ministry of Industry and Trade rejects proposal to establish petroleum retail association

The Ministry of Industry and Trade has just responded in writing to the request to recognize the steering committee for the establishment of the Vietnam Petroleum Retailers Association by Mr. Giang Chan Tay (located in Tra Vinh province). On behalf of the founding committee, Mr. Giang Chan Tay submitted a request to the Ministry of Industry and Trade to recognize the steering committee for the establishment of the Vietnam Petroleum Retailers Association. However, this proposal did not receive the consensus of the Ministry of Industry and Trade, due to the overlap in name and field of operation with other units (according to Tuoi Tre).

- More than 3 billion USD 'waiting' in the account, not knowing what to buy

Tens of thousands of billions of dong have been poured in and are available in investors' accounts at securities companies. In total, where did more than 3 billion USD of idle money come from? (See more)

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Large cash flows are waiting to flow into stocks. (Photo: HH)

- The female tycoon's business was forced to pay nearly 1,000 billion in taxes

Nghe An Province Tax Department has decided to enforce by withdrawing money from a series of bank accounts of Thien Minh Duc Group to pay into the State Budget, because this unit owes nearly 940 billion VND in taxes.

- Fined for lending Mr. Nhan 'Louis' account to manipulate stocks

Regarding the stock manipulation incident that occurred at Louis Group, the State Securities Commission suspended the transactions of 12 organizations and individuals who opened accounts at Tri Viet Securities and APG Securities. This group lent Mr. Do Thanh Nhan his account to manipulate BII and TGG stocks (according to Tien Phong).

- Billionaire Tran Dinh Long's Hoa Phat jumped, capitalization surpassed Vingroup

Billionaire Pham Nhat Vuong's Vingroup shares continue to face selling pressure as the real estate market remains sluggish. Meanwhile, Tran Dinh Long's Hoa Phat Group is heading towards a historic peak. (See more)

- BOT 'boss' shifts mainstay to new field

Tasco Joint Stock Company has 'changed the name' of its subsidiary specializing in the automobile sector. The 'BOT tycoon' is focusing its business strategy on the trillion-dollar automobile market, which is fraught with many risks. (See more)

- Earning nearly 300 million USD in half a month, coffee farmers 'have a big Tet'

International tourists flock to Vietnam to buy goods, in just half a month our country sold a type of bean and earned nearly 300 million USD. In the Central Highlands, farmers earned billions, celebrated Tet in a big way when selling coffee at an unprecedented high price in history. (See more)

Oil prices reversed upward today after a slight decrease in the previous session. Brent crude oil prices approached the $80/barrel mark.

The stock market on January 24 recorded a decrease of 4.53 points for the VN-Index, down to 1,172.97 points. The entire HoSE floor had 167 stocks increasing in price, 103 stocks remaining at the reference price and 297 stocks decreasing in price. Order matching liquidity was at an average level, reaching VND13,347 billion.

The central exchange rate on January 24 was 24,030 VND/USD, unchanged from the previous session. The USD price at commercial banks on January 24 increased slightly, listed at the end of the session at 24,400 VND/USD (buy) and 24,770 VND/USD (sell). Meanwhile, the international USD price decreased slightly.

Today's world gold price is still fluctuating slightly with a downward trend. However, the domestic SJC gold bar price continues to increase due to high demand at the end of the year and before the God of Wealth festival.

Bank interest rates on January 24 recorded two more banks adjusting, causing the “special interest rate” to decrease as well. However, one bank unexpectedly increased interest rates sharply for terms from 12-36 months while sharply decreasing some short terms.