- More than 200,000 billion VND of individual corporate bonds mature this year

In a newly published report, VNDirect Securities Company assessed that the corporate bond market in 2023 has gradually bottomed out. Although there have been signs of improvement, VNDirect believes that the pressure to mature individual corporate bonds in 2024 is still large. The total value of privately issued corporate bonds maturing in 2024 is estimated at about VND 207,000 billion. Notably, 59.3% of which are from real estate enterprises (according to VTV).

- Borrowed more than 15,600 billion VND to build 500kV line

The National Power Transmission Corporation has completed signing credit package contracts worth over VND15,600 billion to invest in and implement the 500kV line 3 project from Quang Trach, Quang Binh to Pho Noi, Hung Yen. Accordingly, 5 domestic banks committed to lending the National Power Transmission Corporation from over VND2,000 to over VND6,800 billion.

The 500kV line 3 circuit projects from Quang Trach to Pho Noi have a total investment of about 22,000 billion VND, helping to increase the inter-regional transmission capacity from the current 2,200MW to about 5,000MW, equivalent to over 20 billion kWh of commercial electricity per year to meet the electricity demand for economic development (according to VTV).

- After the unprecedented land fever, nearly 100 people lost their red books and land.

Mr. Dang Van Hoan, Chairman of the People's Committee of Cu Sue Commune (Cu M'gar District), said that nearly 100 households in the commune had lost their residential land or had not yet received their land use right certificates (red books) after selling their land. According to Mr. Hoan, the incident happened 2-3 years ago, right at the time of an unprecedented land fever. But to this day, the buying and selling has not been completed. (See more)

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Ms. H'thet is confused when she has not received her red book back after selling the land.

- In 2023, import and export of FDI enterprises will reach more than 466 billion USD

According to preliminary statistics from the General Department of Customs, the total import-export value of the whole country in 2023 reached 681.04 billion USD, down 6.9%, equivalent to a decrease of 50.25 billion USD in absolute terms compared to the previous year. The General Department of Customs recorded that the import-export value of FDI enterprises in 2023 reached 466.27 billion USD, down 8% (equivalent to a decrease of 40.49 billion USD) compared to the same period last year (according to VnMedia)

- ACB Bank's pre-tax profit is over 20,000 billion VND

Asia Commercial Joint Stock Bank - ACB (HoSE: ACB) has just announced its financial report for the fourth quarter and the whole year of 2023 with pre-tax profit reaching over 20,000 billion VND, the highest ever. The extraordinary profit from trading investment securities is the main reason helping ACB record a record profit in 2023 (according to Tri Thuc Truc Tuyen).

- 'King of corrugated iron' borrows more than 4,600 billion VND from bank

According to the consolidated financial report for the first quarter of the 2023-2024 fiscal year, Hoa Sen Group Joint Stock Company (HoSE: HSG) recorded a 15% increase in net revenue to VND9,073 billion. Thanks to a significant improvement in cost of goods sold, Hoa Sen's gross profit margin increased sharply from 2% to 11%. Notably, in the first quarter of the 2023-2024 fiscal year, Hoa Sen actively borrowed an additional VND1,600 billion from banks, increasing the size of loans at banks to VND4,600 billion (according to Tri Thuc Truc Tuyen).

- Quang Ninh enterprise spends billions to buy 18 tons of grouper as Tet gifts for workers

Each officer and worker of Cua Ong Coal Selection Company - TKV, Cam Pha, Quang Ninh will receive about 5kg of grouper during the Lunar New Year of Giap Thin. Previously, in 2022 and 2023, this company also spent from 4.5 billion to nearly 5 billion VND to buy fresh grouper for officers, employees, and workers on the occasion of the 15th day of the first lunar month. (See more)

- The largest wholesale market for Tet cakes and jams in Ho Chi Minh City: Bustling with customers, but traders are still sad

At the end of January, the atmosphere at Binh Tay and An Dong markets, the largest markets for Tet sweets and jams in Ho Chi Minh City, was quite bustling. Although there were many customers coming and going, the vendors were still not happy. (See more)

Oil prices on the international market today increased sharply, reaching the highest level in nearly 2 months. Brent oil prices ended the week at 83 USD/barrel, while WTI oil prices reached 78 USD/barrel.

Gold prices today on the world market increased slightly after the latest US economic data reinforced the view that inflation is slowing down. Meanwhile, the price of SJC gold bars today decreased by 100 thousand VND/tael in both buying and selling compared to the end of yesterday's session.