{"article":{"id":"2221789","title":"Economic news 1/12: Pumping capital into the economy; budget revenue and expenditure in 2024 will decrease","description":"The Deputy Prime Minister suggested that banks pump capital into the economy; in 2024, central budget revenue and expenditure will decrease; suggested dividing the Northern Midlands and Mountains into 4 economic development sub-regions... are the economic news to pay attention to today.","contentObject":"
- Deputy Prime Minister suggests that banks pump capital into the economy
\nSpeaking at the credit growth management meeting, Deputy Prime Minister Le Minh Khai stated that, up to now, credit growth has reached 8.4%, lower than the set plan of striving for average credit growth of the whole system this year to reach about 14%. The Deputy Prime Minister suggested that the State Bank and banks must be more proactive more, be more ready to disburse capital promptly when businesses and people have needs, ensuring conditions (according to Dan Tri).
\n- In 2024, reduce central budget revenue and expenditure
\nNational Assembly Chairman Vuong Dinh Hue has just signed and issued Resolution No. 105/2023/QH15 on central budget allocation in 2024. Compared with the National Assembly's resolution on budget allocation in 2023, total central budget revenue in 2024 decreased by VND 10,885 billion, total local budget revenue increased by VND 91,128 billion; Total central budget expenditure decreased by 68,485 billion VND (according to the Government Newspaper).
\n- Suggestion to divide the Northern Midlands and Mountains into 4 economic development sub-regions
\nAt the second meeting of the Northern Midlands and Mountains Coordination Council held on December 1, Mr. Nguyen Do Dung - representative of the planning consultancy unit - assessed the Northern Midlands and Mountains as a colorful picture but with a difference in growth between regions. The 3 main bottlenecks at present are limited intra-regional and inter-regional connectivity, large intra-regional development differences, and low quality of human resources. Mr. Dung proposed forming 4 sub-regions to jointly develop socio-economy and share investment (according to Lao Dong).
\n- Apply a unified salary regime, abolish all special mechanisms from July 1, 2024
\nThis is one of the contents of Resolution No. 104/2023/QH15 on the 2024 state budget estimate signed by National Assembly Chairman Vuong Dinh Hue. According to Resolution 104/2023/QH15 dated November 10, 2023 of the National Assembly, from July 1, 2024, the overall salary policy will be reformed, all financial management mechanisms and specific incomes of state administrative agencies and units will be abolished (according to VTV).
\n- 27 localities reduce re-borrowing by VND 5,565 billion
\nAccording to the Ministry of Finance, as of August 31, 2023, 33 localities have proposed to adjust the re-borrowing capital estimate, leading to changes in the borrowing level of each locality compared to the level decided by the National Assembly. Specifically, 27 localities have proposed to reduce the re-borrowing estimate, with a total proposed reduction of VND 5,565 billion; 6 localities proposed to increase the re-borrowing budget, with the total proposed increase being more than 349 billion VND. (See more)
\n- Not enough basis to cancel the auction result of Thuy Ta restaurant, Da Lat
\n![\"nha](\"https://static-images.vnncdn.net/files/publish/2023/12/1/nha-hang-thuy-ta-7-266-1343.jpg?width=0&s=o2jRnpmG8M77tGKn9AAqJQ\")
Although the People's Committee of Da Lat City has proposed that the People's Committee of Lam Dong Province cancel the auction result of Thuy Ta restaurant, the Department of Finance found that there was not enough legal basis to cancel. The story related to Mr. Doan Hai Ha (Hanoi City) winning the auction to rent Thuy Ta restaurant (Da Lat City) at a "huge" price, nearly 5 times higher than the starting price, has caused a stir in public opinion in recent times and has not yet ended (according to Thanh Nien).
\n- EVN has a new General Director
\nOn November 30, the Board of Members (BOD) of Vietnam Electricity Group (EVN) issued a decision to appoint Mr. Nguyen Anh Tuan, Chairman of the Board of Members of Hanoi Electricity Corporation, to the position of General Director of EVN from December 1, 2023. The term of appointment is 5 years. (See more)
\n- Investors flee from LDG shares after Mr. Nguyen Khanh Hung was prosecuted
\nLDG shares of LDG Investment Joint Stock Company were sold off after Mr. Nguyen Khanh Hung, Chairman of the Board of Directors, was prosecuted. On December 1, LDG shares were sold off at the floor price right when the stock market opened for trading. Until the closing time, the market still had nearly 41 million LDG shares sold at the floor price of 3,450 VND while only over 900,000 units were matched (according to Thanh Nien).
\n- Being 'misunderstood' to be related to Van Thinh Phat, Debt Trading Company speaks up
\nVietnam Debt Trading Company Limited (DATC) affirmed that since November 2014 until now, DCSC Company has operated independently, has no binding relationship and is no longer a member unit of DATC. (See more)
\n- LDG Chairman Nguyen Khanh Hung was prosecuted, Dat Xanh Group immediately spoke up
\nDat Xanh Group (DXG) shares were sold heavily after the news that LDG Chairman Nguyen Khanh Hung was prosecuted. Dat Xanh has just spoken up about its relationship with LDG real estate. Chairman Luong Tri Thin's company said it had divested from LDG since July 2020. (See more)
\n- LDG Chairman: Scandalous for selling illegally, continuously being sold off mortgages
\nBefore being arrested, LDG Chairman Nguyen Khanh Hung suffered a scandal as one of the bosses who continuously had their shares sold off mortgages, most recently the illegal sale of millions of LDG shares. (See more)
\n- Spiny lobsters with sharp price drops are still more expensive than imported Alaska lobsters
\nHundreds of tons of spiny lobsters are backlogged, flooding the domestic market with sharp price drops due to China stopping imports. Although the price has dropped by about 500,000 VND/kg, it is still more expensive than imported green lobsters and Alaska lobsters. (See more)
\nGasoline prices on the international market today, December 1, plummeted after OPEC+'s decision to cut production. Brent oil prices fell to 82 USD/barrel, WTI oil prices were at 75 USD/barrel.
\nThe stock market on December 1 recorded the VN-Index increasing by 8.03 points, reaching 1,102.16 points. No bank stocks on the HoSE recorded red. Securities stocks traded quite positively. Real estate groups were more differentiated.
\nThe central exchange rate on December 1 increased by 32 VND. USD price at commercial banks today increased slightly, closing the session listed at 24,080-24,450 VND/USD (buy - sell). Meanwhile, the world USD price went down.
\nGold pricetoday, December 1, on the international market remained high, above 2,000 USD/ounce after the US announced that inflation in October decreased slightly compared to September. Domestic gold price 'turned around' to decrease by 100,000 VND/tael in both directions.
\nBank interest rates on December 1 recorded another adjustment by 1 bank. Accordingly, HDBank simultaneously reduced 0.2%/year for deposits with terms from 1-13 months. The "special interest rate" also decreased by 0.2%/year compared to yesterday.
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This is considered the right path, helping the economy of these two provinces develop in the right direction.","displayType":1,"category":{"name":"Head investment","detailUrl":"/kinh-doanh/dau-tu","wikiCategoryDetailUrl":"/ho-so/kinh-doanh/dau-tu","relatedIds":["00000G","00000H","00000K","00000J"],"subIds":["000003","00000G","00000H","00000J","00000K","00000L","00004K"],"fullAvatarUrl":"","fullFacebookShareUrl":""},"displayTypeToInt":1,"detailUrl":"https://vietnamnet.vn/kinh-te-bien-giup-quang-nam-quang-ngai-phat- trien-ben-vung-2221077.html","fullAvatarUrl":"https://static-images.vnncdn.net/files/publish/2023/12/1/kinh-te-bien-giup-quang-nam-quang-ngai-phat-trien-ben-vung-132.jpg","isFee":false,"priority":0,"zoneId":"","publishDate":"2023-12-01T06:32:47","option":0,"avatarIconPosition":0,"updatedDate":"0001-01-01T00:00:00","isPin":false},{"id":"2221318","title":"Economic news November 30: 'Adjusting' credit room; new investors in Bau Duc's company","description":"The State Bank adjusts credit growth targets among banks; Hoang Anh Gia Lai has a new investor; FLC's infamous 2,300 billion VND project in Thanh Hoa is revoked... are the economic news to pay attention to today.","displayType":1,"category":{"name":"Head investment","detailUrl":"/kinh-doanh/dau-tu","wikiCategoryDetailUrl":"/ho-so/kinh-doanh/dau-tu","relatedIds":["00000G","00000H","00000K","00000J"],"subIds":["000003","00000G","00000H","00000J","00000K","00000L","00004K"],"fullAvatarUrl":"","fullFacebookShareUrl":""},"displayTypeToInt":1,"detailUrl":"https://vietnamnet.vn/ban-tin-kinh-te-30-11-noi-room-tin-dung-nha-dau-tu-moi-vao-co ng-ty-bau-duc-2221318.html","fullAvatarUrl":"https://static-images.vnncdn.net/files/publish/2023/11/30/ban-tin- Kinh-te-3011-chinh-room-tin-dung-nha-dau-tu-moi-vao-cong-ty-bau-duc-1356.jpg" ,"isFee":false,"priority":0,"zoneId":"","publishDate":"2023-11-30T19:39:55","option":0,"avatar IconPosition":0,"updatedDate":"0001-01-01T00:00:00","isPin":false},{"id":"2221276","title":"Home "Familiar investors win bid for Quang Tri Airport project worth nearly 6,000 billion","description":"T&T Transport Infrastructure Investment and Development Company Limited and CIENCO4 Group Joint Stock Company are two contractors that have just signed a decision approving the construction of Quang Tri Airport.","displayType":1,"category":{"name":"Investor investment","detailUrl":"/business/investment","wikiCategoryDetailUrl":"/ho-so/business/investment","relatedIds":["00000G","00000H","00000K","00000J"],"subIds":["000003","00000G","00000H","00000J","00000K","00000L","00004K"],"fullAvatarUrl":"","fullFacebookShareUrl":""},"displayTypeToInt":1,"detailUrl":"https://vietnamnet.vn/nha-dau-tu-quen-mat-trung-thau-du-an-san-bay-quang-tri -gan-6-000-ty-2221276.html","fullAvatarUrl":"https://static-images.vnncdn.net/files/publish/2023/11/30/nha-dau-tu-quen-mat-trung-thau-du-an-san-bay-quang-tri-gan-6000-ty-1353.jpg","isF ee":false,"priority":0,"zoneId":"","publishDate":"2023-11-30T19:34:21","option":0,"avatarIco nPosition":0,"updatedDate":"0001-01-01T00:00:00","isPin":false},{"id":"2221196","title":"Increase Green growth is the key to sustainable development","description":"Green growth towards economic prosperity, environmental sustainability and social equity is not only an inevitable choice, but also an opportunity for Vietnam to become a pioneering country in the region.","displayType":1,"category":{"name":"Head investment","detailUrl":"/business/investment","wikiCategoryDetailUrl":"/ho-so/business/investment","relatedIds":["00000G","00000H","00000K","00000J"],"subIds":["000003","00000G","00000H","00000J","00000K","00000L","00004K"],"fullAvatarUrl":"","fullFacebookShareUrl":""},"displayTypeToInt":1,"detailUrl":"https://vietnamnet.vn/tang-truong-xanh-la-chia-khoa-de-phat- trien-ben-vung-2221196.html","fullAvatarUrl":"https://static-images.vnncdn.net/files/publish/2023/11/30/tang-truong-xanh-la-chia-khoa-de-phat-trien-ben-vung-1166.jpg","isFee":fa lse,"priority":0,"zoneId":"","publishDate":"2023-11-30T17:57:25","option":0,"avatarIconP osition":0,"updatedDate":"0001-01-01T00:00:00","isPin":false},{"id":"2221263","title":"Because Why is Khe Sanh Wind Power negotiating a shareholding structure with a foreign investor?","description":"The investor of Khe Sanh Wind Power project (Huong Hoa, Quang Tri) is negotiating and planning to restructure shares with a Hong Kong investor to cooperate in management and operation to optimize the efficiency and longevity of the project.","displayType":1,"category":{"name":"Investor investment","detailUrl":"/business/investment","wikiCategoryDetailUrl":"/ho-so/business/investment","relatedIds":["00000G","00000H","00000K","00000J"],"subIds":["000003","00000G","00000H","00000J","00000K","00000L","00004K"],"fullAvatarUrl":"","fullFacebookShareUrl":""},"displayTypeToInt":1,"detailUrl":"https://vietnamnet.vn/vi-sao-dien-gio-khe-sanh-dam-phan-co-cau-co-phan-voi-nha- dau-tu-ngoai-2221263.html","fullAvatarUrl":"https://static-images.vnncdn.net/files/publish/2023/11/30/vi-sao-dien-gio-khe-sanh-dam-phan-co-cau-co-phan-voi-nha-dau-tu-ngoai-1105.jpg","isF ee":false,"priority":0,"zoneId":"","publishDate":"2023-11-30T17:18:00","option":0,"avatarIcon Position":0,"updatedDate":"0001-01-01T00:00:00","isPin":false},{"id":"2221100","title":"Advertisement Ninh firmly holds the top position in attracting FDI","description":"In the first 11 months of 2023, the foreign investment situation in Vietnam continued to be vibrant. 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See the author's postsThe Deputy Prime Minister asked banks to pump capital for the economy; in 2024, reducing the central budget;
- The Deputy Prime Minister asked banks to pump capital to the economy
Speaking at the credit growth management meeting, Deputy Prime Minister Le Minh Khai stated that, up to now, credit growth reaches 8.4%, lower than the plan is to strive for the average credit growth of the whole system this year reaching about 14%.
- 2024, reducing the central budget revenue and expenditure
Chairman of the National Assembly Vuong Dinh Hue has just signed the Resolution No. 105/2023/QH15 on the central budget allocation in 2024.
- Suggestions for dividing the northern mountainous midlands into 4 sub -economic development sub -development
At the Middle Middle and Mountainous Coordination Council in the Northern Mountain, on December 1, Mr. Nguyen Do Dung - Representative of the Planning and Middle -Mountain Consulting Unit as a colorful picture but there was a difference in growth between regions. According to labor).
- Apply a unified salary regime, abolish all specific mechanisms from July 1, 2024
This is one of the contents in Resolution No. 104/2023/QH15 on the State budget estimate in 2024 signed by the National Assembly Vuong Dinh Hue.
- 27 localities reducing re -loan 5,565 billion dong
According to the Ministry of Finance, as of August 31, 2023, there are 33 localities proposing to adjust the re -borrowing estimate leading to change of loan level of each locality compared to the level of the National Assembly decided.
- Not enough grounds to cancel the results of Thuy Ta restaurant auction, Da Lat
Although Da Lat City People's Committee proposed Lam Dong Provincial People's Committee to cancel the winning results of Thuy Ta restaurant, the Finance Department found that there was not enough legal basis to cancel. The story was related to Mr. Doan Hai Ha (Hanoi City) won the auction of Thuy Ta restaurant rental (Da Lat City) with "terrible" price, nearly 5 times higher than the starting price causing a stir in the past time.
- EVN has a new general manager
On November 30, the Board of Members (Board of Members) of Vietnam Electricity (EVN) issued a decision to appoint Mr. Nguyen Anh Tuan, Chairman of the Board of Directors of Hanoi Electricity Corporation as General Director of EVN from December 1, 2023.
- Investors fled from LDG shares after Mr. Nguyen Khanh Hung was prosecuted
LDG shares of LDG Investment Joint Stock Company were sold after Mr. Nguyen Khanh Hung, Chairman of the Board of Directors, was prosecuted. On December 1, LDG shares were sold at the floor price right from the stock market to open the transaction.
- Being 'misunderstood' related to Van Thinh Phat, the debt purchase company spoke up
Vietnam Debt Trading Co., Ltd. (DATC) affirmed that, since November 2014, DCSC Company operates independently, without binding relationships and no longer a member unit of DATC.
- Chairman of LDG Nguyen Khanh Hung was prosecuted, Dat Xanh Group immediately spoke
Dat Xanh Group (DXG) was sold strongly after the information that President Nguyen Khanh Hung was prosecuted.
- Chairman of LDG: scandalous semi -underneath, constantly being sold
Before being arrested, Chairman of LDG Nguyen Khanh Hung was notorious when he was one of the owners who were constantly being sold with stocks, recently the sale of millions of LDG shares.
- Discounted lobster is still more expensive than imported alaska lobster
Hundreds of tons of congested lobster, domestic market with a sharp decrease in the price because China stopped importing.
Gasoline price today 1/12 in the international market plunged after the decision to cut the output of OPEC+.
The stock market on December 1 recorded the VN-Index increased by 8.03 points, reaching 1,102.16 points.
The central exchange rate on December 1 increased by 32 dong.
Gold price today 1/12 in the international market remains high, over 2,000 USD/ounce after the US announced inflation in October dropped slightly compared to September. Domestic gold price 'rotating cars' decreased by 100,000 VND/tael in both directions.
The interest rate on December 1 records an additional bank.
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![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
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