- Businesses are preparing to increase bus ticket prices for Tet

Faced with the high demand for travel during the Lunar New Year, many fixed-route buses have added a series of buses, expecting to receive a higher number of passengers than last year. Many bus companies are also preparing to increase ticket prices (according to Tien Phong).

- Recommendations for businesses exporting to the Saudi Arabia market

The Import-Export Department (Ministry of Industry and Trade) recommends that member enterprises exporting food to the Saudi Arabian market need to monitor, grasp information and comply with regulations on Halal certification. To ensure successful trading, Vietnamese enterprises should go through reputable units to verify partners, better understand corporate culture, as well as the content of commercial contracts (according to VTV).

- Two oil 'tycoons' have their customs procedures suspended

The General Department of Customs has just issued a document requesting customs departments to stop carrying out customs procedures for imported and exported petroleum and raw materials of Hai Ha Waterway Transport Company Limited and Xuyen Viet Oil Transport and Tourism Trading Company Limited. According to the General Department of Customs, these two enterprises have had their certificates of eligibility to act as petroleum trading principals revoked by the Ministry of Industry and Trade. Up to now, these two enterprises are not qualified to carry out procedures for import and export, temporary import for re-export, transit, and export processing of petroleum and raw materials for blending petroleum (according to Tien Phong).

- Electricity and rice prices caused the consumer price index in the first month of the year to increase by 0.31%.

The consumer price index (CPI) in January 2024 increased by 0.31% compared to the previous month. Compared to the same period in 2023, the CPI in January increased by 3.37%; core inflation increased by 2.72%. That is the information just announced by the General Statistics Office (Ministry of Planning and Investment) today. (See more)

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According to the national statistics agency, electricity and rice prices caused the consumer price index to increase by 0.31% in the first month of the year (Photo: Hoang Giam)

- Existing power shortage, 'endless power source' still blocked

The Ministry of Industry and Trade has just submitted its fifth submission to the Prime Minister requesting the issuance of a Plan to implement the 8th Power Plan. According to the Ministry of Industry and Trade, in the 2023-2025 period, about 19,000 MW of new power sources need to be put into operation to ensure sufficient electricity. (See more)

- Absorb 400 tons of gold from the people with gold certificates, pay interest like savings deposits

Gold certificates must be issued by the State Bank. Instead of keeping physical gold, this certificate will help people only need to keep that “paper gold” and can exchange it on the exchange floor. (See more)

- Near Tet, company selling votive paper was fined half a billion dong for environmental issues

Yen Bai Forestry and Agricultural Products Company sells votive paper with revenue of tens of billions of dong each year, but this has been decreasing in recent years. Near Lunar New Year, this company was fined half a billion dong for environmental issues (according to Dan Tri).

- Owner of Rang Dong thermos brand earns 1.6 billion VND/day

As a rare subsidy-era enterprise with outstanding business results in 2023, the owner of the Rang Dong thermos brand recorded revenue and profit far exceeding the plan. According to the financial statements for the fourth quarter of 2023, Rang Dong Light Source and Thermos JSC (code: RAL) recorded net revenue of nearly VND 3,400 billion, an increase of 20% over the same period. Due to the increase in cost of goods sold, gross profit increased by only 6%, reaching VND 678 billion. (See more)

- New moves related to Novaland shares

Novaland Board Chairman Bui Thanh Nhon is currently the manager of both Novagroup and Diamond Properties. While Novagroup registered to sell 12.4 million Novaland (NVL) shares, Diamond Properties has already sold 4.8 million NVL shares (according to Tien Phong).

- International visitors to Vietnam cause surprise in the first month of the year

In January, Vietnam welcomed more than 1.5 million international visitors, the highest number of visitors in a month since the Covid-19 pandemic and the 7th consecutive month welcoming over 1 million. In 2024, the tourism industry aims to welcome 17-18 million international visitors, serve 110 million domestic visitors; total tourism revenue reaches about 840 trillion VND. (See more)

- Traders reveal the truth about Spanish ham sold in the Vietnamese market

The "limited edition" Spanish ham sold for 112 million VND/piece has caused a stir on social networks in recent days. In the Vietnamese market, traders revealed why ham is sold everywhere at a quite cheap price. (See more)

Today, January 29, the price of gasoline and oil on the international market is forecast to continue to increase following the strong increase of last week. Last week, the world oil price increased by more than 6%, reaching the highest level in nearly 2 months.

The stock market on January 29 recorded the VN-Index increasing by 0.02 points to 1,175.69 points. The market was generally divided. While steel stocks fell sharply with "huge" matching volume, fertilizer - chemical stocks and rubber stocks increased sharply.

The central exchange rate on January 29 was 24,036 VND/USD, unchanged from the previous session. The USD price at commercial banks on January 29 decreased slightly, listed at the end of the session at 24,345 VND/USD (buy) and 24,715 VND/USD (sell). Meanwhile, the international USD price tends to recover.

Gold prices today, January 29, on the international market increased slightly, still waiting for the US monetary policy. Domestic SJC gold bar prices also adjusted up this afternoon, up to nearly 77 million VND/tael.

Bank interest rates on January 29 continued to record a series of banks reducing deposit interest rates, mainly in the group of banks with small charter capital. Since the beginning of January 2024, 32 banks have reduced deposit interest rates.