- Tax refunded over 127,000 billion VND
As of November 30, the tax authority has issued 16,778 value-added tax (VAT) refund decisions with a total refund amount of VND 127,783 billion, equal to 68.7% of the 2023 VAT refund estimate approved by the National Assembly, equal to 93% compared to the same period in 2022 (according to Chinhphu.vn).
- The State Bank has repaid all the money withdrawn through credit notes.
Today is the maturity date of the last batch of treasury bills in the recent issuance with a scale of 5,000 billion VND. Thus, the State Bank (SBV) has so far re-injected into the banking system the entire amount of money it has withdrawn through treasury bills (according to Monetary Security).
- Prime Minister requests to ensure food supply during Lunar New Year
On December 6, Prime Minister Pham Minh Chinh signed and issued Directive No. 29 on preventing smuggling and illegal transportation of animals and animal products, controlling epidemics, developing sustainable livestock farming, and ensuring food supply. The Prime Minister requested the Ministry of Agriculture and Rural Development to closely monitor the situation, proactively direct and implement measures to ensure food supply before, during and after Tet (according to Tuoi Tre).
- Prime Minister: Determined not to let there be shortage of electricity and gasoline in 2024
On the morning of December 6, concluding the regular Government meeting in November, Prime Minister Pham Minh Chinh emphasized that, in general, despite many difficulties and challenges from both inside and outside, we have strived to achieve the overall goals set. Prime Minister Pham Minh Chinh requested to proactively implement solutions to ensure energy security; resolutely not to let there be a shortage of electricity and gasoline in 2024. (See more)
- Tomorrow, the Government will meet to discuss solutions to remove difficulties in credit growth.
Implementing the direction of Prime Minister Pham Minh Chinh, the Government Office plans to organize a conference on "Solutions to remove difficulties in credit growth for production and business, promote growth and stabilize the macro economy" on December 7 (according to Thanh Nien).
- The first trillion-dollar wind power project in Vietnam has its debt seized by the bank
Agribank West Hanoi Branch has just announced the selection of an organization to auction the debt of Vietnam Renewable Energy Company Limited (REVN) with Mr. Pham Van Minh as Chairman of the Board of Directors. REVN is the investor of the Wind Power Plant 1 - Binh Thuan. This is the first wind power project in Vietnam, funded by Agribank. (See more)
- Ministry of Finance informs about a series of issues regarding personal tax codes
The Ministry of Finance has just informed a series of issues regarding personal tax codes in the process of cleaning up and unifying the use of citizen identification codes instead of tax codes. Notably, the tax code issued to dependents is also the tax code of the individual when the dependent incurs obligations to the state budget. (See more)
- In 2 months, a company erased nearly 900,000 securities accounts.
Vietnam Securities Depository (VSD) has just provided data on domestic and foreign trading accounts as of November 30. The number of accounts closed in November continued to be very high, concentrated at MBS. In just the past 2 months, this company has "cleaned up" 883,721 accounts (according to Dan Tri).
- Restaurants and hotels do not issue electronic invoices, what does the Ministry of Finance say?
According to the Ministry of Finance, when selling goods or providing services, sellers must create electronic invoices to deliver to buyers in standard data formats and must fully record the content according to the provisions of tax law and accounting law, regardless of the value of each sale of goods or provision of services. (See more)
- SCB announced the closure of 6 more transaction offices
Saigon Commercial Joint Stock Bank (SCB) will cease operations at 6 transaction offices in Ho Chi Minh City from December 6. The rights of customers at these transaction offices will be guaranteed at the remaining locations of SCB (according to Thanh Nien).
- Many leather and footwear businesses in Dong Nai plan to give a Tet bonus of 1 month's salary.
According to the Dong Nai Provincial Labor Federation, many large enterprises operating in the leather footwear sector in Dong Nai have announced Tet bonuses for the year of the Dragon 2024. In addition to announcing a Tet bonus of one month's salary, many enterprises also give away many Tet gifts and lucky draws for employees.
(according to VTV)
- Stock price increases, Chairman Nguyen Thien Tuan's wife registers to sell
Chairman Nguyen Thien Tuan's wife registered to sell shares amid sharp price increases in recent sessions. After this deal, the chairman's wife could earn more than 5 billion VND. (See more)
- Amid record high prices, Vietnam's billion-dollar grain exports 'hit rock bottom'
Prices are at record highs, but Vietnam’s key bean has seen a sharp decline in exports for the second consecutive month. Production in the coming crop year is forecast to fall by about 3.5 million bags compared to previous estimates. (See more)
- Farmers win big: Growing melons earns 1.5-3 billion/ha, growing rice earns 83,000 billion VND
Rice prices have increased sharply, farmers in the North have earned nearly 83,000 billion VND in profit this year. Vegetable farmers also had a bumper year, especially the melon growing model, which brought in an income of 1.5-3 billion VND/ha/year. (See more)
- Gold price around historical peak: People 'race' to take profits, stores run out of cash to pay customers
Gold prices are on a strong rise, setting a new record of 74.6 million VND/tael. People are rushing to sell gold to make a profit when prices are high, causing gold shops to run out of cash to pay customers. (See more)
Today, December 6, the price of gasoline and oil in the international market continues to decrease. Brent and WTI oil prices are getting further and further away from the 80 USD/barrel mark.
The stock market on December 6 recorded an impressive increase of 10.46 points for the VN-Index to 1,126.43 points thanks to strong domestic cash flows into stocks of many industry groups. In yesterday's session, foreign investors sold net, the largest amount ever in 2023, but this did not prevent stocks from rising.
The central exchange rate on December 6 increased by 25 VND. The USD price at commercial banks today increased slightly, closing the session listed at 24,065-24,435 VND/USD (buy - sell). Meanwhile, the world USD price decreased slightly.
The world gold price today, December 6, continued to plummet from its historic peak. The SJC gold price decreased by 200,000 VND/tael in both directions but remained at a high level of 74.2 million VND due to high demand.
On December 6, another bank continued to make a sharp decrease in bank interest rates in a few short terms. Accordingly, Kien Long Commercial Joint Stock Bank (KienLongBank) reduced deposit interest rates for terms from 1-3 months, with the highest reduction of up to 0.6%/year for the 3-month term.
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