One of the goals that the State Bank aims for when issuing credit notes is to reduce pressure on exchange rates - Photo: NGOC PHUONG
Exchange rate fluctuates, State Bank returns to 'suck money'
On October 18, news from the State Bank reported the results of issuing 14-day and 28-day term bills, with the total winning bid value reaching VND12,300 billion.
GOLD PRICE UPDATE
The move to withdraw money through the treasury bill channel was carried out by the management agency in the context of the recent sudden surge in the VND/USD exchange rate.
The State Bank has announced the central exchange rate of the Vietnamese Dong to the USD, applicable for October 18, at 24,213 VND, an increase of 14 VND compared to the previous session.
At banks, the USD selling price has also been continuously adjusted to increase recently. However, at the end of October 18, Vietcombank lowered the USD buying and selling prices by 30 VND compared to the previous day, with the listed prices being 24,950 VND - 25,340 VND respectively.
However, the selling price still exceeded the 25,000 VND price range after cooling down significantly since September.
After the Fed's first interest rate cut in years, the USD index plunged, helping to cool down the domestic exchange rate. However, recently, the greenback has unexpectedly strengthened significantly.
A series of once-hot stocks are about to leave the stock exchange or limit trading
Ho Chi Minh City Stock Exchange (HoSE) has just announced that SJF shares of Sao Thai Duong Investment Joint Stock Company are at risk of being delisted.
According to HoSE, SJF shares were suspended from trading because the organization continued to violate regulations on information disclosure on the stock market after being placed on a restricted trading list.
Domestic stock market – Photo: BONG MAI
This company's shares are also controlled by a foreign auditing company for audited annual financial statements for two consecutive years.
In addition, HoSE also decided to transfer RDP shares of Rang Dong Holding Joint Stock Company (RDP) from controlled to restricted trading from October 24.
The reason this listed organization delayed the announcement of the 2024 semi-annual audited financial report by more than 45 days compared to the regulation is that the securities are restricted from trading.
HoSE also decided to put ITA shares of Tan Tao Investment and Industry Joint Stock Company under control from October 24.
The reason why the enterprise is late in submitting the audited semi-annual financial report for 2024 more than 30 days after the prescribed deadline is due to the case of securities being controlled according to regulations.
Unique Bac Son Golden Season Festival
On the evening of October 18, in Lang Son province, the 2024 Bac Son Golden Season Festival opened, with many unique traditional cultural activities closely associated with the lives and activities of ethnic minorities.
The Bac Son Golden Season Festival is held from October 18 to 20 and lasts until October 30 with exciting activities such as: rice harvesting and pounding contests with rudimentary tools; black banh chung wrapping contest; cigarette rolling experience; yin-yang tile making experience; paragliding and rafting experience on the golden valley.
Bac Son in golden season – Photo: DA TANG
Visitors can also immerse themselves in the spaces of “Childhood Memories”, “Old Space”; the display of some traditional farming tools of the ethnic groups in Bac Son district…
Bac Son land is blessed by nature with many beautiful landscapes and caves that have been honored by experts in the international community as one of the most beautiful limestone valleys in the world - Bac Son limestone valley.
In the history of the struggle for national liberation, Bac Son district was a revolutionary base located in the revolutionary base area of Bac Son - Vo Nhai.
Bac Son was an ATK (safe zone) district during the resistance war against French colonialism. Bac Son has 29 historical and cultural relics and sites; it is one of 8 districts located in the UNESCO Lang Son Global Geopark area...
Traditional cuisine of the ancient capital Hoa Lu
On the evening of October 18, the 2024 Ninh Binh Tourism Food Festival with the theme "Culinary quintessence of the ancient capital" opened.
Tourists in Ninh Binh – Photo: Ninh Binh Department of Tourism
This is an important event contributing to preserving, honoring and promoting the value of traditional culinary culture, researching and restoring dishes in the style of the ancient Hoa Lu royal court.
The main activities taking place during the festival include: Regional cuisine exhibition space; Culinary tourism competition; Discussion on developing Ninh Binh culinary tourism culture.
In particular, at the opening ceremony, there was a culinary promotion activity by the Vietnam Chefs Association, the Vietnam Culinary Culture Association, and the Vietnam Royal Chefs Association, cooking a giant pot of crab soup with 999 servings to thank tourists.
The event is free and open to the public and visitors, and runs until October 29.
Expected domestic news and events from October 19 to 27
– October 19, in Khanh Hoa: Conference to remove difficulties and obstacles of renewable energy projects; in Hai Duong: Exhibition of the quintessence of Eastern antiques and announcement of the Prime Minister's decision to recognize the Hiep An brown-flowered ceramic jar from the Tran Dynasty as a national treasure; Chemical spill response drill at Long Son Petrochemical Complex (Ba Ria - Vung Tau); Vocational education recruitment festival in Ho Chi Minh City.
– From October 19 to 27, in Gia Lai: National Taekwondo Championship; in Tay Ninh: National Table Tennis Tournament for Strong Teams.
– October 20: Award ceremony of the 4th Political Contest to Protect the Party's Ideological Foundation; Central Propaganda Department organizes a National Conference to disseminate documents of the 10th Conference of the 13th Party Central Committee; in Ho Chi Minh City: Meeting to honor exemplary female union cadres.
– In Khanh Hoa: October 20-23: 14th CAND Radio and Television Festival 2024; October 21: Workshop on “Reality of content production on digital platforms”; October 22: Training on the topic “Protecting the Party's ideological foundation, fighting and refuting erroneous and hostile views”.
– From October 20 to 27, in Dak Lak: National Tennis Championship.
– From October 20 to 28, in Bac Giang: National Team Sepak Takraw Championship.
– From October 20 to 30, in Ca Mau: National Bodybuilding Championship.
– October 21: Opening of the 8th session of the 15th National Assembly.
– From October 21 to 24, in Binh Thuan: The 21st Eastern Singing Festival.
– From October 21 to 28, in Hanoi: National Fencing Championship.
– From October 21 to 31, in Vinh Phuc: National Archery Championship.
– October 23-24, in Quang Ninh: 16th International Scientific Conference on the East Sea.
– October 24-25, in Ninh Binh: Forum “Data strategy for developing artificial intelligence applications and promoting digital transformation”.
– October 25: Scientific workshop “Vietnamese volunteer soldiers and military experts help the Lao revolution – Historical significance and lessons learned”.
– From October 25 to 27, in Hai Phong: Belgian Cultural and Culinary Festival 2024.
– From October 25 to 27, in Hanoi: National Youth Figure Skating Championship.
– From October 27 to 29, in Ninh Thuan: The 6th Cham ethnic cultural festival.
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Weather news today 10-19
Digitalization improves production efficiency – Photo: NGUYEN VAN THUONG
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