- FPT Shop closes 36 stores

FPT Digital Retail Joint Stock Company (FPT Retail) has just reported its business results for the fourth quarter of 2023 with a consolidated pre-tax loss of VND 97 billion; for the whole year of 2023, FPT Retail had a pre-tax loss of VND 294 billion.

The reason for the loss in the first quarter of 2023, as explained by FPT Retail, mainly arises from business performance bonus expenses, opening about 100 more pharmacies than the target set at the beginning of the year, the cost of destroying near-expiry goods of Long Chau, the cost of closing 36 inefficient FPT Shop stores that were fully recorded in the fourth quarter, the cost of investing in vaccine injection centers and investing in digital transformation. (according to Nguoi Lao Dong).

- Asanzo was forced to pay taxes due to nearly 50 billion VND debt

The Investment Customs Branch - Ho Chi Minh City Customs Department - has just issued a decision to enforce by suspending customs procedures for exported and imported goods of Asanzo Group Joint Stock Company (Ho Chi Minh City). The reason is that Asanzo has tax arrears of more than 90 days from the deadline for payment as prescribed, with the amount of enforced payment being over 48 billion VND. This is the second time in just over a year that Asanzo has been forced by the Ho Chi Minh City Customs Department to suspend customs procedures (according to Tri Thuc Magazine).

- VCCI proposes to allow direct purchase and sale of rooftop solar power

The Vietnam Federation of Commerce and Industry (VCCI) has just sent a document commenting on the Draft Decree on rooftop solar power development of the Ministry of Industry and Trade. VCCI proposed that the Ministry of Industry and Trade amend the regulations to allow the purchase and sale of rooftop solar power between customers in a building without transmitting it through the national grid. (See more)

- White Castle Company raises bonds with interest rate of 14.5%/year

According to information from the Hanoi Stock Exchange (HNX), White Castle Joint Stock Company has recently successfully issued a bond lot with the code LDTCH2326001. This bond lot attracted attention because it has a "huge" interest rate, up to 14.5%/year, while the issuance value is quite "tiny", the total issuance value is 2.5 billion VND.

- Sen Tai Thu, virtual Ngoc Linh Ginseng 'swindles' thousands of billions easily: Same scenario?

Sen Tai Thu mobilized more than 1,000 billion VND with high interest rates even though the company was insolvent. Previously, the Chairman of My Hanh Group also had a similar scam to mobilize more than 1,200 billion VND. (See more)

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Sen Tai Thu is a famous health care facility.

- 'Vegetarian Pig' lost nearly 30 billion, will Mr. Duc easily sell the 'banana-eating pig' chain?

The sharp drop in meat prices has caused the company selling "vegetarian pigs" to lose nearly 30 billion in the last quarter of 2023. Meanwhile, Mr. Duc plans to sell the "banana-eating pigs" chain. (See more)

- 'Shrimp for the rich' to Hanoi by plane, rare cheap price

Spiny lobsters are considered a luxury seafood for the rich because of their high price. However, in recent months, this type of lobster has been stuck in the market, forcing businesses to launch an urgent consumption campaign, bringing fresh lobsters to Hanoi by plane to support farmers in Khanh Hoa. (See more)

- Domestic steel prices continue to rise

Domestic steel prices have been adjusted up for the second consecutive time since the beginning of 2024, with the highest increase being VND210,000/ton. Steel prices have been increasing continuously due to the upward trend in raw material prices. (See more)

Oil prices on the international market today, January 30, reversed to increase slightly after falling more than 1 USD in the first session of the week. Oil prices increased due to concerns about fuel supply after a new attack on a fuel tanker in the Red Sea while Russia's exports of refined petroleum products are expected to decrease.

The stock market on January 30 recorded the VN-Index increasing by 3.96 points, to 1,179.65 points. The notable point of the session was that many "small" industry groups such as rubber, textiles, industrial park real estate performed positively, instead of focusing on just a few industries that are often of interest such as banking, securities or real estate.

The central exchange rate on January 30 was 24,023 VND/USD, down 13 VND compared to the previous session. The USD price at commercial banks on January 30 decreased sharply, listed at the end of the session at 24,205 VND/USD (buy) and 24,575 VND/USD (sell). Following the same trend, the international USD price also decreased.

Gold prices today, January 30, on the world market increased amid escalating tensions in the Middle East. Domestic SJC gold bar prices this afternoon increased by 600,000 VND in both directions, reaching a peak of 77.4 million VND/tael.

Bank interest rates today, January 30, continued to record a series of banks reducing interest rates, including two 'big guys' BIDV and VietinBank; in addition, there are PVCombank, Eximbank and Nam A Bank. Since the beginning of January 2024, 32 banks have reduced deposit interest rates.