- From December 29, ticket prices will increase at 47 BOT toll stations.

The Ministry of Transport has just sent a document to the Vietnam Road Administration and BOT project enterprises regarding the adjustment of ticket prices at BOT contracts managed by the Ministry. Accordingly, it is expected that from December 29, ticket prices at 47 BOT road toll stations will be adjusted up. (See more)

- Banks have no more room for backyard lending, low interest loans for leaders' relatives

According to the Prime Minister's Conclusion Notice at the Conference on solutions to remove difficulties in credit growth for production and business, promote credit growth and stabilize the macro economy, the Prime Minister requested to end the situation of lending concentrated on a number of enterprises and projects in the ecosystem of the group's backyard, which can easily undermine the safety and health of banks; strengthen inspections, strictly prohibit the granting of credit and low interest rates to the board of directors, executive board and related persons, and group interests of commercial banks. (See more)

- From January 1, 2024, only foreigners will be allowed to be recruited if Vietnamese workers cannot be recruited.

This is one of the notable contents issued by the Government in Decree 70/2023/ND-CP dated September 18, 2023 amending and supplementing a number of articles of Decree 152/2020/ND-CP dated December 30, 2020 of the Government on foreign workers working in Vietnam and recruitment and management of Vietnamese workers working for foreign organizations and individuals in Vietnam, officially applied from January 1, 2024. Accordingly, employers only recruit foreigners if they cannot recruit Vietnamese workers (according to Nguoi Lao Dong).

- Profit after tax from waste electricity and biomass electricity on contributed capital is 12%

That is one of the contents of the draft circular regulating the method of building a power generation price framework applicable to waste-to-energy and biomass power plants that is being widely consulted by the Ministry of Industry and Trade. Accordingly, the pre-tax profit margin on equity capital is determined based on the post-tax profit margin on equity capital of 12% (according to Thanh Nien).

- Plan to handle the debt of nearly 7,000 billion VND of Dung Quat shipyard

The State Capital Management Committee has just proposed a restructuring plan for Dung Quat Shipbuilding Industry One Member Co., Ltd. (DQS). Accordingly, many opinions support the plan to restructure the enterprise, gradually handling the debt payable worth nearly 7,000 billion VND of DQS (according to Tien Phong).

- Prime Minister assigns Ministry of Construction to guide businesses in lowering real estate prices

To resolve difficulties in the real estate market, the Prime Minister assigned the Ministry of Construction to direct and guide real estate businesses to restructure segments and reduce product prices. (See more)

- The trillion-dollar 'legacy' abandoned during the Vinashin era receives another bitter ending

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Cai Lan hot-rolling steel sheet factory abandoned. (Photo: Pham Cong)

The Cai Lan hot-rolled steel sheet factory, built during the Vinashin era, has been in ruins for 13 years. The Quang Ninh Tax Department has just issued a new decision to the company operating this factory. (See more)

- From January 1, 2024, increase in drainage and wastewater treatment service prices in Ho Chi Minh City

In Ho Chi Minh City, from January 1, 2024, the price of drainage and wastewater treatment services will increase by 5% compared to 2023 (accounting for 25%) on the unit price. That is, if you use 100,000 VND of clean water, you will pay an additional 25,000 VND in fees, excluding tax. (See more)

- Google, Facebook, Apple... paid more than 8,000 billion VND in taxes after 11 months

While some taxes have decreased due to difficulties in production and business activities, tax collection for e-commerce is increasingly improving. In the first 11 months of 2023, the total tax paid by foreign suppliers was over VND8,000 billion, more than double the same period (according to VTV).

- Request to end losses at energy corporations and groups

The National Assembly Standing Committee requested that in 2023, specifically identify the difficulties of corporations and general companies in the energy sector; study, propose or decide on solutions according to authority, to prevent continued losses and financial imbalance (according to Tien Phong).

- Hoang Anh Gia Lai shares of Mr. Duc hit the floor

Hoang Anh Gia Lai (HAG) shares of Bau Duc hit the floor after a series of days of soaring thanks to a series of positive news. The stock market is weak with gloomy transactions, and caution prevails. (See more)

- Billionaire Pham Nhat Vuong's son appears for the first time

In a recent event of VinFast Auto Pte. Ltd. (VinFast), Mr. Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, appeared in the media for the first time, in the role of Deputy General Director of VinFast Production Division. (See more)

- 'Golden Rose' Phu Yen: Rising from commerce, falling into poverty because of real estate

The shares of the Phu Yen real estate tycoon’s company have just been suspended from trading. The stock price is only 300 VND/share after a series of years of “Golden Rose” Thuan Thao losing money, being chased for debt, selling assets at a low price, and not having any operating invoices. (See more)

- China spends 1.3 billion USD to buy cassava starch, Vietnam supplies 800,000 tons

In just 10 months, China spent nearly 1.3 billion USD to buy cassava starch. Accordingly, Vietnam became the second largest supplier to this market with a volume of nearly 800,000 tons. (See more)

The stock market on December 19 recorded the VN-Index increasing by 4.42 points to 1,096.3 points. The most notable point of the session was that the stocks in the group with the strongest growth on the HoSE in the first half of December 2023, namely HAG, HQC and ITA, all hit the floor.

The central exchange rate on December 19 was 23,914 VND/USD, up 31 VND compared to the previous session. The USD price at commercial banks increased sharply today, closing the session listed at 24,145-24,515 VND/USD (buy - sell). Meanwhile, the world USD price went down.

Oil prices on the international market today, December 19, continued to rise due to concerns about supply disruptions. Brent crude oil prices exceeded 78 USD/barrel while WTI crude oil prices reached 73 USD/barrel.

International gold prices increased slightly today. Domestic gold bar prices increased by half a million VND/tael, reaching a new peak of 74.92 million VND/tael (selling). Gold ring prices also increased but have not yet surpassed the record set at the end of November.

Today, December 19, there are more banks reducing deposit interest rates . Among these banks, there are banks that have reduced their interest rates 2 to 3 times since the beginning of the month.