- State Bank issues new regulations on organization and management of gold bar production
The Governor of the State Bank of Vietnam (SBV) has just issued Decision 02 amending and supplementing Decision 1623/QD-NHNN dated August 23, 2012 on the organization and management of gold bar production by the SBV. Decision 02 takes effect from January 2. Decision 02 amends and supplements a number of regulations related to the members of the Gold Bar Processing Supervision Team and adds the responsibilities of a number of units under the SBV in the organization and management of gold bar production by the SBV ( according to Thanh Nien ).
- Propose the Central Inspection Committee to handle officials related to gasoline violations
The Government Inspectorate has just announced the conclusion of the inspection on the implementation of policies and laws in the state management of petroleum. Accordingly, the Government Inspectorate has transferred the conclusion of the inspection on petroleum to the Central Inspection Committee for consideration and handling according to its authority for officials under the management of the Politburo and the Secretariat, related to the shortcomings and violations mentioned in the inspection conclusion. ( See more )
- Prime Minister directs to increase savings in state budget spending
Prime Minister Pham Minh Chinh has just signed a Directive on increasing savings in State budget spending. The Prime Minister requested to increase savings in regular spending, avoid waste in management and use of State budget and public assets ( according to Dan Tri ).
- Spending 8,247 billion VND to compensate for Nghi Son refinery and petrochemical products
The Government assigned the central budget revenue and expenditure estimate for 2023 from other development investment expenditure sources to PVN of VND 8,247 billion to handle finances and pay price compensation in the product consumption of the Nghi Son oil refinery and petrochemical complex project in the 2018-2023 period ( according to Tuoi Tre ).
- Nghe An rises to the top 8 localities attracting the largest FDI in the country
3 years ago, Nghe An ranked 25th in attracting foreign direct investment (FDI). This year, the locality has risen strongly, entering the top 8 localities attracting the most FDI capital in the country. ( See more )
- Rice export earns 4.78 billion USD, agricultural sector still has '2 special debts'
Rice exports will help our country earn a record amount of money, reaching nearly 4.8 billion USD in 2023. However, former Deputy Minister of Agriculture and Rural Development Bui Ba Bong said that the agricultural sector still has "2 special debts". ( See more )
- Minister Le Minh Hoan talks about the special ceramic vase given to the Prime Minister
At the 2023 conference summarizing the agricultural sector's work, Minister Le Minh Hoan presented the Prime Minister with a ceramic vase with a "coded label". He then shared the special things on this vase. ( See more )
- Billionaire Pham Nhat Vuong has over 9 billion USD, Vietnam has 1 more USD billionaire
Vingroup Chairman Pham Nhat Vuong's assets increased sharply, reaching over 9 billion USD in Bloomberg's rankings thanks to VinFast. Mr. Nguyen Dang Quang returned to Forbes' list of USD billionaires in early 2024. ( See more )
- Taking advantage of the sharp price increase, HAGL wants to sell more than 13 million HNG shares to pay off BIDV debt
Hoang Anh Gia Lai Joint Stock Company (HAGL, code HAG) has registered to sell 13.31 million HNG shares of Hoang Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico) to pay off BIDV bank bonds. HNG shares have been trading actively in the past few months with many sessions even hitting the ceiling, the market price increased by 52% after only 2 months, closing on January 4 at 5,160 VND/share ( according to Monetary Security ).
- ACV supports Vietnam Airlines to invest in ground services in Long Thanh
Vietnam Airlines will have many advantages when Vietnam Airports Corporation supports the airline to invest in providing ground services, aircraft maintenance, meals... at Long Thanh airport. ACV has the advantage of managing and operating 22 airports in Vietnam. Vietnam Airlines is a large-scale airline with a series of subsidiaries and affiliates in the Vietnam Airlines Group system ( according to Tuoi Tre ).
- Bank continues to sell debt of more than 355 billion of tycoon Huy 'engine'
After the first unsuccessful auction, Agribank Nam Da Nang branch continues to announce the auction of the debt of Southern Installation Trading and Service Company Limited, directed by Mr. Le Ba Huy (Huy 'machine generator'). The debt value at the end of June 2023 is more than 355 billion VND. ( See more )
- Another 'few days old' business collects shares of Ocean Group
Vietnam Housing and Urban Development Trading Joint Stock Company bought 51.7 million shares of Ocean Group Corporation (OGC) on December 29, 2023. This company was just established on December 25, 2023, 4 days before the above transaction time. ( See more )
- Japanese tangerines cost more than a million VND per kilogram, Chinese goods flood the market for only 20,000 VND
Chum tangerines of Japanese origin are sold in the Vietnamese market for more than 1 million VND/kg. Meanwhile, Chinese goods are sold in the market for less than 20,000 VND/kg. ( See more )
Today's world oil prices tend to increase following the previous session's increase. Domestic oil prices are being managed by the Ministry of Industry and Trade - Ministry of Finance in a coordinated downward direction, with some down to 21,000 VND/liter.
The stock market on January 4 recorded the VN-Index increase by 6.55 points, to 1,150.72 points. The market exploded in liquidity when it reached about 1 billion USD on the HoSE floor.
The central exchange rate on January 4 was 23,915 VND/USD, up 29 VND compared to the previous session. The USD price at commercial banks on January 4 increased slightly, listed at the end of the session at 24,160 VND/USD (buy) and 24,530 VND/USD (sell). The international USD price went down.
The price of gold today on the world market has decreased quite sharply but is still stable above 2,000 USD/ounce, while the price of SJC gold bars is anchored around 75 million VND/tael.
Bank interest rates on January 4 continued to witness the sixth and seventh banks reducing deposit interest rates, namely KienLongBank and LPBank. In which, LPBank reduced extremely shockingly with an interest rate reduction of 0.5 to 0.7 percentage points for deposit terms from 1 to 11 months.
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