Donald Trump's family corporation increases investment in Vietnam

Trump Organization - the corporation of US President Donald Trump - can carry out many investment projects worth billions of dollars in its strongest areas: golf courses, hotels and real estate in Vietnam.

According to international media, Trump Organization and its partners will implement many golf course, hotel and real estate projects in Vietnam. The $1.5 billion project invested in Hung Yen is just one of them.

Golf courses and resorts are the Trump Organization's biggest cash cow.

Common points of 4 trillion-dollar mega-projects under the monitoring of the Central Steering Committee

The Standing Committee of the Central Steering Committee on preventing and combating corruption, waste and negativity agreed to put 4 cases and incidents with signs of waste under monitoring and direction, namely the project of the Operation and Trade Center Building, Vietnam Cement Corporation (Vicem); the Hoi Xuan Hydropower Project, Thanh Hoa Province; the project to build the headquarters of the Ministry of Foreign Affairs; Sub-project 2 (Lim - Pha Lai), part of the Yen Vien - Pha Lai - Ha Long - Cai Lan railway project.

These are all projects that have lasted many years, are unfinished, only partially completed, and show signs of serious waste.

Among them, Vicem Tower has gone through a “turbulent” fate when it was unsuccessfully tried to sell, then wanted to “revive” and put into use. The reason comes from the miscalculations right from the project investment.

Thermal power giant mistakes loss for profit, mobilizes 1,800 billion

After nearly a year, Thang Long Thermal Power - a member of Geleximco Group - suddenly realized that the information was wrong and corrected its business results from profit to loss. This was also the time when this enterprise issued nearly 1,800 billion VND in bonds.

Regarding the correction of business results from loss to profit after nearly a year of information disclosure by Thang Long Thermal Power Joint Stock Company, according to lawyers, the authorities should consider the cause of the incorrect information disclosure.

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Geleximco's thermal power plant. Photo: Luong Bang

Billionaire Pham Nhat Vuong is richer than Mr. Donald Trump

Chairman of Vingroup (VIC) and CEO of VinFast (VFS) Pham Nhat Vuong recorded his assets skyrocketing to the highest level in the past two years, reaching 7.5 billion USD as of March 29.

With this level, Mr. Vuong ranked 414th in the world. Compared to the end of January, billionaire Pham Nhat Vuong increased 425 places.

With his current fortune, billionaire Vuong is much richer than US President Donald Trump. Mr. Trump has a fortune of 4.8 billion USD, ranked 722nd in the world as of March 29, according to Forbes.

Who is ViruSs and how does he make money?

On the evening of March 28, streamer ViruSs's livestream on TikTok attracted more than 1 million viewers, at one point reaching more than 1.5 million viewers. In it, there was a confrontation between this male streamer and a female rapper related to a love scandal.

ViruSs's real name is Dang Tien Hoang, born in 1988. He started out as a streamer and Youtuber, then moved into the music industry as a musician and producer.

According to information from the national business registration system, Dang Tien Hoang (ViruSs) is the legal representative of VR Studio Company Limited (VR Studio), AIVORA Technology and Solutions Company Limited, and Dang Tien Hoang Business Household.

Cryptocurrency receives new news from the Ministry of Finance, ministries coordinate to prevent risks

The draft Resolution on piloting the issuance and trading of crypto assets has been submitted. In addition to signals of greater openness to crypto assets, state agencies have also raised many issues to limit the negative aspects of this type.

Dr. Dang Minh Tuan, Chairman of the Vietnam Blockchain Alliance, cited statistics from several organizations showing that the flow of digital assets into Vietnam in 2023 will reach 105-120 billion USD. This figure accounts for about 1/4 of Vietnam's GDP.

More than 90 billion USD of cryptocurrency flows into Vietnam, nearly 1 billion USD causes great concern

At the workshop "Sharing experiences in managing and operating centralized crypto-asset exchanges", organized by the Vietnam Blockchain Association on March 27, Lieutenant Colonel Duong Duc Hung, Deputy Head of the Counter-Terrorism Department, Department of Homeland Security (Ministry of Public Security) cited a report by Chainalysis saying that from October 2021 to October 2022, the total value of cryptocurrencies flowing into Vietnam is estimated at 90.8 billion USD.

Of that, nearly $1 billion was identified as being related to illegal activities, including fraud, money laundering and other violations.

Auditing 12 housing and urban area projects in 5 key districts of Hanoi

On the morning of March 25, the State Audit Office coordinated with the Hanoi People's Committee to organize a conference to announce the decision and deploy audit activities.

The State Audit will audit the 2024 local budget of Hanoi and compliance with regulations on land management and use for 12 housing projects and urban areas in 5 districts of Hanoi.

In an effort to improve the trade balance with the US, the Ministry of Finance has a new proposal.

The Ministry of Finance is seeking comments on the draft Decree amending Decree 26/2023/ND-CP dated May 31, 2023 to adjust tax rates on a number of commodity groups to ensure harmony and rationality according to simplified procedures, to be completed in March 2025.

Regarding the amendment of Decree 26, Mr. Nguyen Quoc Hung, Director of the Department of Tax, Fee and Charge Policy Management and Supervision (Ministry of Finance) said that the draft Decree proposed to reduce MFN import tax on many groups of goods such as automobiles under 3 HS codes 8703.23.63, 8703.23.57, 8703.24.51 from 64% and 45% to the same tax rate of 32%...

Source: https://vietnamnet.vn/nha-ong-trump-don-suc-manh-nhat-vao-vn-4-dai-du-an-nghin-ty-vao-dien-theo-doi-2385776.html