- In the next two years, the Government plans to borrow about 1.25 million billion VND.
The Ministry of Finance has just sent a draft mid-term assessment report on the public debt borrowing and repayment plan for the 2021-2025 period to ministries, branches and localities for comments. According to the draft, of the total VND 1.25 million billion needed to borrow in the two years 2024-2025, VND 750 trillion will be borrowed to offset the central budget deficit, while the remaining VND 465.8 trillion will be borrowed to repay the principal debt due from the central budget. (See more)
- 210 traders certified qualified to conduct rice export business
The Ministry of Industry and Trade has just announced the list of traders granted Certificates of eligibility for rice export business until August 17, 2023. Accordingly, 210 traders have been certified as eligible for rice export business (according to VTV).
- Unblocking capital flow into rice production
Rice prices have increased sharply, and capital sources for purchasing rice have become hot again. According to the latest data from the State Bank of Vietnam (SBV), as of the end of June this year, outstanding loans for the rice and paddy sector nationwide reached about VND 196,000 billion, an increase of nearly 17% compared to the end of 2022, accounting for 7% of total outstanding loans for the agricultural and rural sector with over 250,000 customers with outstanding loans (according to VTV).
- Banks spent more than 300,000 billion VND paying interest on deposits in the first 6 months of the year.
In the first 6 months of the year, a series of banks recorded an increase of more than 2 times in interest payments on deposits compared to the same period last year. In total, 29 banks paid VND 311,816 billion in interest payments on deposits, an increase of nearly 80% compared to the same period last year (according to Nhip Song Thi Truong).
- State Bank speaks out about insurance sales inspection
Recently, Tien Giang voters sent a petition to the State Bank of Vietnam to "direct the inspection of all insurance business activities of banks, including insurance attached to credit contracts". Responding to the petition, the State Bank of Vietnam said that in recent times, the State Bank of Vietnam has strengthened the inspection, examination and supervision of insurance business activities and insurance agents of banks and added the content of inspection of the implementation of legal provisions on insurance business activities and insurance agents in the annual inspection plan (according to Tien Phong).
- Will open an e-commerce platform for local specialties
In order to support producers as well as bring local specialty products across the country to many consumers, the Center for Information Technology and Digital Technology (Ministry of Industry and Trade) has been researching, implementing, and supporting production and business households, cooperatives, and local enterprises to access the sales model of local specialty platforms. When participating in the local specialty platform model, each province and city will set up a specialty booth on major e-commerce platforms (according to VTV).
- Durian prices increase sharply, Mr. Duc receives good news
The price of durian in the country and the world has been increasing continuously. With a sharp vision, Mr. Duc is one of the pioneers in planting this fruit tree and is benefiting. Currently, Hoang Anh Gia Lai owns about 1,000 hectares of durian and is the owner of the largest durian garden in Southeast Asia. (See more)
- Chairman transferred 42.5 million shares to wife's company just opened 7 days ago
Mr. Doan Van Binh - Chairman of CEO Group - has just transferred more than 40 million additional shares to his wife's newly established business for a week. (See more)
- VIB Bank leaders spend more than 500 billion VND to buy shares
Ms. Nguyen Thi Bich Hanh, an independent member of the Board of Directors of Vietnam International Commercial Joint Stock Bank (VIB), has successfully purchased 25 million VIB shares, equivalent to 0.99% of charter capital, for a sum of more than VND500 billion. VIB's share price has been on an upward trend for nearly the past 4 months, reaching a one-year peak. (See more)
- Rice prices in Ho Chi Minh City gradually stabilize
Currently, rice prices in the Ho Chi Minh City market have gradually stabilized, the increase is no longer continuous as in early August. Supermarkets have also increased rice supply and promotions to serve people (according to Lao Dong).
- Travel companies launch a series of attractive tours on the occasion of September 2nd
Travel agencies in Ho Chi Minh City are busy booking tours. Many tour packages for the September 2nd holiday with many forms such as package tours, experiential tours, etc. are introduced to customers. Tour prices are also diverse and have many incentives, suitable for the needs of tourists (according to Lao Dong).
Gold prices today on the world market fell to a 5-month low amid China's economic difficulties and strong fluctuations in the financial market.
World oil prices this week recorded the first weekly decline after 7 consecutive weeks of increases. Overall, Brent and WTI crude oil prices both fell by nearly 3%. At the end of the week, WTI crude oil prices were trading at 81.25 USD/barrel, while Brent crude oil prices were at 84.8 USD/barrel.
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