- Import and export have exceeded the 600 billion USD mark
Citing data from the General Statistics Office, the Ministry of Industry and Trade said that in November, the total import-export turnover of goods was estimated at 60.88 billion USD, up 5.9% over the same period last year. In the 11 months of 2023, the total import-export turnover of goods was estimated at 619.17 billion USD, down 8.3% over the same period last year. The trade balance of goods in the 11 months of 2023 is estimated to have a trade surplus of 25.83 billion USD (according to the Government Newspaper).
- Businesses recommend not issuing invoices for each time pumping gasoline under 200,000 VND
The director of a petroleum retail business said that currently, many retailers have issued electronic invoices immediately after the end of the pumping session for customers with tax codes.
This company recommends that for retail customers who purchase from 10,000 VND to less than 200,000 VND and cannot request an invoice, the company should collect all the purchases to issue an invoice at the end of the day (1 combined invoice) (according to Nguoi Lao Dong).
- Bonds issued by the construction and materials industry decreased sharply.
According to observers, the bond issuance scale of the construction and materials industry has decreased sharply. Meanwhile, banking and real estate continue to be the two industries with the largest corporate bond issuance scale (according to Lao Dong).
- Ministry of Industry and Trade: Discounts for gasoline retail agents limit competition
The Ministry of Industry and Trade has just responded to the proposal of Mr. Giang Chan Tay, Director of Boi Ngoc One Member Co., Ltd. (Tra Vinh), regarding the standard business costs in the basic price of gasoline.
According to the Ministry of Industry and Trade, if a separate discount rate is prescribed for retail gasoline agents, the same must be prescribed for other types of traders in the gasoline business chain. Such a regulation will limit flexibility as well as limit cost competition among traders. (See more)
- Two more component projects of the 'power rescue' line for the North were approved.
Deputy Prime Minister Tran Hong Ha has just signed decisions approving the investment policy and investors of two 500 kV power transmission line projects Quang Trach - Quynh Luu and Quynh Luu - Thanh Hoa, creating conditions for power supply to the North after completion.
These are two component projects of the 500kV line 3 project from Quang Trach to Pho Noi. The National Power Transmission Corporation (EVNNPT) was assigned to invest in the two projects. (See more)
- American group sells all capital in Mong Duong 2 thermal power plant
AES - the leading US energy corporation - has just announced the final sale of 51% of its shares in Mong Duong 2 Thermal Power Plant (Quang Ninh) to a partner from the Czech Republic. The divestment of capital in Mong Duong 2 Thermal Power Plant is a step towards realizing the low-emissions goal that AES pursues. (See more)
- Which banks are allowed to expand credit room?
The State Bank did not specifically announce the banks that were granted additional credit room. However, based on the criteria for granting additional credit room, the group of state-owned commercial banks and large joint stock commercial banks are likely to have their room "adjusted". (See more)
- 4,000 employees left 37: Textile giant sells assets, turns to real estate
Garmex Saigon Joint Stock Company (GMC) has just sent a document to the Ho Chi Minh City Stock Exchange (HOSE) stating that the business situation is not favorable, if production is maintained at factories in the garment industry, there will be a lot of losses. Therefore, the company has reorganized its apparatus, continued to cut labor, and temporarily stopped production to minimize losses. The number of employees of Garmex Saigon has decreased from 4,000 people in the period of 2017-2021 to only 37 people by the end of September 2023. (See more)
- Sasco of "luxury goods king" Johnathan Hanh Nguyen reports sharp increase in profits
Tan Son Nhat Airport Services Joint Stock Company (Sasco - code SAS), a company chaired by "brand king" Johnathan Hanh Nguyen, announced its financial report for the third quarter of 2023 with strong growth compared to the same period last year. Specifically, Sasco's third quarter revenue reached VND 714 billion, an increase of 72% over the same period last year. Third quarter after-tax profit increased by 269%, at VND 130 billion (according to Nguoi Lao Dong).
- Massive destruction of hundreds of hectares of 'rich trees'
Although considered a "poverty alleviation" tree, even a "rich tree" for farmers, after less than 3 years of planting, hundreds of hectares of green hemp in Thanh Hoa have been cut down. Since the beginning of 2023, more than 219 hectares have been destroyed and converted to other crops. (See more)
- Buying gold at 'peak' price, more than a year to 'return to shore'
Domestic gold prices increased sharply to 74 million VND/tael. Some investors who "jumped to the top" to buy gold in March 2022 have now "returned to shore". (See more)
Gold price today, December 3, on the world market ended the next week of increase. Domestic gold price returned to the 74 million VND/tael mark.
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