- Urgently complete EVN's leadership before November 15
The Government Standing Committee urgently requested to complete the leadership of Vietnam Electricity Group (EVN), including the Board of Directors and the Board of General Directors, before November 15. In particular, it noted that "buying positions, power, and unclear lobbying" are strictly prohibited. This information was stated in the announcement of the Government Standing Committee's conclusion on solutions to ensure electricity supply in 2024. (See more)
- Closed nearly 380 thousand securities accounts in one month
According to data from the Vietnam Securities Depository (VSD), 378,137 domestic securities trading accounts were closed in October. This is an unprecedented phenomenon in the Vietnamese stock market in its 23 years of operation. The number of domestic securities accounts decreased sharply in October in the context of the Ministry of Public Security's conclusion on the Trinh Van Quyet case and the proposal to strengthen supervision of the stock market. (See more)
- Announcement of the Prime Minister's decision on planning of Nam Phu Yen Economic Zone
This morning (November 7), the People's Committee of Phu Yen province held a conference to announce Decision No. 1226 of the Prime Minister on approving the adjustment of the master plan for the construction of the Nam Phu Yen Economic Zone until 2040. In the future, the Nam Phu Yen Economic Zone is oriented to be built and developed into a multi-industry, multi-functional economic zone with a focus on high-tech industries, focusing on attracting industries such as petrochemical refining, metallurgy, energy, etc. (according to Tien Phong).
- Joint venture of 3 Hanoi companies wins 12,000 billion VND project in Lam Dong
On November 6, the People's Committee of Lam Dong province approved a consortium of three enterprises as investors to implement the Nam Song Da Nhim New Urban Area project in Lien Nghia town, Duc Trong district, with an investment capital of nearly 12,000 billion VND. The consortium of investors of the Nam Song Da Nhim New Urban Area project includes: Viet Han Trading, Advertising, Construction, Real Estate Joint Stock Company (Viet Han Company), An Phuc Real Estate Development Joint Stock Company (An Phuc Company) and Hano - Vid Real Estate Joint Stock Company (Hano - Vid Company). All three enterprises are headquartered in Hanoi. (See more)
- Revealing the business that won the auction of a sand mine in Hanoi worth over 408 billion VND
After 53 rounds, Lien Mac mine (in Bac Tu Liem district, Hanoi) with sand reserves of 508,603m³ was won by a business in Ha Dong with a price of 408.290 billion VND, nearly 200 times higher than the starting price. Lien Mac sand mine was won by KSP Investment, Trade and Service Company Limited. In addition to the above sand mine, the Land Fund Development Center of the Hanoi Department of Natural Resources and Environment has also just organized an auction for the exploitation rights of 2 other sand mines: Chau Son mine (Chau Son commune, Ba Vi district) and Tay Dang - Minh Chau sand mine (Ba Vi district). The total amount paid by organizations and individuals in the auction of the 3 sand mines above is 1,689.085 billion VND (according to Lao Dong).
- Vietnam spends 1.6 billion USD on imports, many high-end fruits become cheap goods
According to statistics from the General Department of Customs, by the end of October 2023, our country spent more than 1.6 billion USD to import fruits and vegetables. Many high-end fruits have become cheap goods. A box of imported kiwi weighing 3.5 kg sells for only 150,000 VND, or nearly 43,000 VND/kg. At Vietnamese markets, not only kiwi but many other imported fruits from high-end are now sold as cheap goods. (See more)
- Red-fleshed jackfruit is on the rise again.
If in June and July, the Ho Chi Minh City market was flooded with red-fleshed jackfruit at a price of only 30,000-40,000 VND/kg, now it is almost absent. Rarely, there are places selling this item at a price of 90,000-140,000 VND/kg, even more than 200,000 VND/kg at fruit stores. Red-fleshed jackfruit bought in bulk at the garden costs up to 85,000-90,000 VND/kg, the highest ever. According to some traders, the price of red-fleshed jackfruit has increased because China has increased its purchases at high prices (according to Nguoi Lao Dong).
Oil prices on the world market today turned down after a slight increase in the previous session. Brent oil prices lost the 85 USD/barrel mark.
The stock market on November 7 recorded the VN-Index falling 9.37 points to 1,080.29 points, ending 4 consecutive increasing sessions (including 1 session increasing over 35 points and 2 sessions increasing over 10 points). Order matching liquidity remained low, showing that large cash flows have not returned.
The central exchange rate on November 7 decreased by 50 VND. The USD price at commercial banks continued to fall today, losing the 24,500 VND/USD mark in the selling direction. The world USD price recovered. The DXY index surpassed the 105 point mark.
Gold prices on the international market continued to fall today due to pressure from the recovery of US stocks and the easing of tensions in the Middle East. By early afternoon, the price of SJC gold bars recovered, increasing by VND500,000/tael in both directions.
Bank interest rates today, November 7, witnessed a series of banks adjusting down. The market has a trend of banks focusing on reducing short-term interest rates.
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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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