Quang Ninh attracts more than 3.1 billion USD in FDI capital, continuing to lead the country
FDI capital has been invested in 56 provinces and cities across the country in the first 11 months of 2023. Quang Ninh leads in terms of attracted investment capital, with a total registered investment capital of nearly 3.11 billion USD, accounting for nearly 10.8% of the total registered investment capital, up 42.3% over the same period in 2022.
Data from the Ministry of Planning and Investment shows that as of November 20, 2023, the total newly registered, adjusted and contributed capital to buy shares and purchase capital contributions (GVMCP) by foreign investors (FDI) reached nearly 28.85 billion USD, up 14.8% over the same period, up slightly by 0.1 percentage points compared to the first 10 months of 2023. In addition to the adjusted investment capital, new investment capital and GVMCP continued to increase compared to the same period.
Specifically, 2,865 new projects were granted Investment Registration Certificates, up 58.1% over the same period. Total registered capital reached over 16.41 billion USD, up 42.4% over the same period. There were 1,152 projects registering to adjust investment capital, up 15.9% over the same period, total additional investment capital reached over 6.47 billion USD (down 32.1% over the same period). There were 3,166 GVMCP transactions of foreign investors (down 4% over the same period), total contributed capital value reached nearly 5.97 billion USD (up 46.4% over the same period). See more...
A series of businesses issue bonds with interest rates up to 14%/year
As of November 2023, the total value of corporate bond issuance activities reached VND233,000 billion, down 8% compared to the same period last year. Of which, many enterprises mobilized bonds with interest rates up to 14%/year.
The corporate bond market update report recently released by MB Securities Company (MBS) shows that as of November 22, 2023, the total value of corporate bond issuance activities reached VND 233,000 billion, down 8% over the same period last year.
The average corporate bond interest rate in the first 11 months of 2023 reached 8.5%, higher than the average of 7.9% in 2022.
Since the beginning of the year, Banking is the industry group with the highest issuance value with about 109,600 billion VND, down 18% compared to the same period and accounting for 47% of the total value. See more...
Note when depositing money at banks under special control
Many people share on forums whether it is safe to deposit savings at banks under special control or not? In Vietnam, the State Bank will be responsible for coordinating, regulating, and managing the security and safety of the commercial banking system.
Mr. Doan Dong has a savings of 160 million VND deposited for a 6-month term at a bank. However, when reading the news that this bank is under special control, Mr. Dong wondered whether his deposit is safe or not?
Talking to Lao Dong about this issue, Dr. Chau Dinh Linh - Banking University of Ho Chi Minh City shared: Many people are concerned about this issue when depositing money at specially controlled banks or zero-dong banks. This is a legitimate concern of the people.
Banks under special control, that is, having problems with liquidity, financial structure....
According to research, the 4 banks under special control include 3 banks that were forced to buy at 0 VND (Construction Bank - CBBank, Ocean Bank - OceanBank, Global Petroleum Bank - GP Bank) and Dong A Bank.
However, Mr. Dinh Linh said that banking business is based on the reputation of the brand and the trust of depositors. See more...
Tourists spend nearly 800 billion VND buying tickets to visit Ha Long Bay in 2023
Not yet equal to the time before the COVID-19 pandemic, but revenue from ticket sales to visit Ha Long Bay in 2023 is more than twice as high as last year and meets the target assigned by Quang Ninh province.
According to the Ha Long Bay Management Board, since the beginning of the year, Ha Long Bay has welcomed over 2.4 million visitors, including over 1.3 million domestic visitors and over 1.1 million foreign visitors, equal to 114% compared to the same period last year. The number of visitors staying on the bay is over 415,000, of which international visitors are over 341,000.
It is expected that in 2023, Ha Long Bay will welcome about 2.6 million visitors, including 1.3 million international visitors. See more...
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