- Develop a plan to implement the new salary regime when approved by the Central and National Assembly.
The Government has just issued Resolution 164 of the regular Government meeting in September and the Government's online conference with localities. Accordingly, the Government requested the Ministry of Home Affairs and relevant ministries and agencies to proactively develop regulatory documents and prepare specific tasks to promptly implement the new salary regime when approved by the Central Government and the National Assembly (according to Tien Phong).
- People's money deposited in banks continuously increases to a record level
According to the latest data from the State Bank, people's savings deposited in banks continue to increase. As of the end of July, the balance of people's deposits in the banking system reached 6,389,593 billion VND, an increase of 8.93% compared to the end of 2022. Compared to June, the balance in July exceeded the record of June when it increased by 6,707 billion VND (according to Tuoi Tre).
- Proposal to reduce VAT until mid-2024
The Government assigned the Ministry of Finance to review and submit to the National Assembly the extension of the 2% reduction in value-added tax (VAT) until mid-2024, instead of ending at the end of this year, an additional 6 months. This is the content stated in the Resolution of the regular Government meeting in September, recently announced by the Government Office. From July 1, VAT has been reduced by 2% for goods and services currently subject to a tax rate of 10% and will last until the end of this year, according to the Resolution of the National Assembly (according to Dan Tri).
- Sprint to 'spend money' on the 350,000 billion VND recovery package
Reporting to the Government on the implementation of the socio-economic recovery and development program, the Ministry of Planning and Investment said that the implementation time of the socio-economic recovery and development program is only 3 months, but disbursement is still slow, reaching only over 95,700 billion VND. The Ministry has just requested ministries, branches and localities to review and grasp difficulties and obstacles to speed up disbursement (according to Tien Phong).
- Electricity production in September increased by 6.7% over the same period
Vietnam Electricity Group (EVN) said that in September, the Group fully met the electricity demand for socio-economic development and people's daily life, while ensuring electricity for the National Day holiday on September 2. The total electricity output in September reached 23.5 billion kWh (average 784.9 million kWh/day), up 6.7% over the same period in 2022 (according to the Government Newspaper).
- VinFast shares skyrocket
VinFast shares rebounded after four sessions of sharp decline. At the current price, VinFast Auto (VFS)'s capitalization has increased to $21.5 billion, although it has not yet reached its initial valuation of $23 billion. Billionaire Pham Nhat Vuong's electric car company delivered an additional 10,027 electric cars to customers in the third quarter. (See more)
- Vietnam Airlines postpones 2023 shareholders' meeting
Vietnam Airlines Corporation (HVN) has just announced that due to changes in the company's leadership work plan, the Board of Directors has agreed to change the time of the 2023 annual general meeting of shareholders from November 15 to November 22. The last registration date to attend the meeting remains October 12. (See more)
- "Beer Road" tycoon has ambition to build billion-dollar highway
The Beer Street tycoon is famous for his gold-plated interiors and gold-plated hotels. Recently, he announced that he will compete to participate in the construction of the Gia Nghia-Chon Thanh expressway with a total estimated investment of over 23,000 billion VND. (See more)
- Vietnamese rice export price remains high, most expensive in the world
Vietnam's rice export prices have remained high in recent days and are the most expensive in the world. Meanwhile, the prices of the same type of rice from competitors Thailand and Pakistan have plummeted. By the end of September this year, Vietnam's rice exports were estimated to have earned 3.66 billion USD, up 40.4% over the same period last year. (See more)
International oil prices today tend to continue the sharp decline from the previous two sessions. Brent oil prices have lost the 85 USD/barrel mark, while WTI oil prices have dropped to 83 USD/barrel.
On the stock market , on October 6, the VN-Index jumped nearly 15 points, ending a week of fluctuations like a 'roller coaster'. On the entire HoSE floor, there were 372 stocks increasing in price, 67 stocks standing at the reference price and 118 stocks decreasing in price.
The bank USD price today decreased slightly. The central exchange rate decreased by 10 VND compared to yesterday. The world USD price stagnated.
Gold prices on the world market today increased slightly after the US employment report was released. SJC gold prices remained high in the morning, and increased by 150,000 VND/tael in the afternoon.
Today's bank interest rates , the market has not recorded any bank adjustment. Currently, the online bank interest rate for 6-month term is listed by some "lower" banks such as PVCombank, NCB, BaoViet Bank at a mobilization rate of over 6%/year.
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