Who is the "boss" of Tan Tan peanuts?

Mr. Tran Quoc Tan - the brand's founder, former Chairman of the Board of Directors and Director of Tan Tan Joint Stock Company - a famous peanut processing company in Vietnam for the past decade - was accused of tax evasion and failure to comply with a civil judgment. (See details)

The famous Tan Tan peanut company stopped operating in 2013, but this product has been making waves in the market for the past 11 years. So are the peanuts still being sold fake?

Responding to VietNamNet reporters on the afternoon of August 5, Mr. Le Hong Phuong, Chairman of the Board of Directors of Tan Tan Joint Stock Company, said: Tan Tan peanut products that have appeared on the market for the past ten years are not produced by Tan Tan Joint Stock Company. They are products produced by Tan Tan Trading - Production - Cultivation Company Limited, led by Mr. Tran Quoc Gia Phuoc (son of Mr. Tran Quoc Tan). (See details)

Vietlott found another winning lottery ticket for the billion-dollar Jackpot

This week, Vietlott continuously found winning Jackpot lottery tickets in both Power 6/55 and Mega 6/45 lottery types.

On the evening of August 6, in the 1070th drawing of the Power 6/55 lottery, Vietnam Computerized Lottery Company (Vietlott) found a customer who won the Jackpot 1 prize worth more than 228 billion VND. According to Vietlott's announcement, the owner of the Power 6/55 ticket that won the Jackpot 1 prize bought the lottery ticket through the Vietlott SMS application connected to the Viettel network. (See details)

Company shares of Mr. Tran Ba ​​Duong and Le Viet Hai were delisted by HoSE.

Due to poor business performance, the shares of two companies owned by billionaire Tran Ba ​​Duong and Mr. Le Viet Hai suffered the same fate of being delisted from the HoSE since September 6.

Both of these companies have planned to list their shares on UPCoM if they are delisted from HoSE.

On the stock market, both HBC and HNG stocks fell sharply after being at risk of being delisted. As of the end of the session on August 9, HBC shares fell 30.3% after 2 weeks, while HNG shares fell 25% in the period from July 11 to August 5. (See details)

Another country recognizes Vietnam as a market economy

According to information from the Department of Trade Defense (Ministry of Industry and Trade), on August 5, with the consent of the President of Costa Rica - Mr. Rodrigo Chaves, Costa Rican Minister of Foreign Trade Manuel Tovar - directly announced and handed over a diplomatic note on Costa Rica's recognition of Vietnam as a country with a market economy at the headquarters of the Ministry of Industry and Trade.

Costa Rica becomes the 73rd country to recognize Vietnam as a market economy. (See details)

EU tightens food safety regulations, many Vietnamese agricultural products face difficulties in exporting?

The Vietnam SPS Office has just sent an official dispatch to the Plant Protection Department, the Department of Animal Health (Ministry of Agriculture and Rural Development), the Vietnam Fruit and Vegetable Association, and the Vietnam Beekeeping Association regarding the EU seeking WTO members' opinions on draft notices related to increasing and decreasing MRL levels of some active ingredients.

Notably, the EU proposed to reduce the MRL of Zoxamide in lettuce, salads, and spinach from 30ppm to 0.01ppm (equivalent to 3,000 times). Accordingly, 0.01ppm is the default level applied by the EU to active substances for which the market has not established an MRL and is not included in the common database.

Many of Vietnam's key agricultural products such as rice, coffee, pepper, vegetables, etc. exported to the EU are expected to face difficulties as this market changes its food safety regulations in a more stringent direction. (See details)

Officially leaving EVN, the Power System Control Center has a new name

The Prime Minister has just issued decisions to separate the National Power System Control Center (A0) from Vietnam Electricity Group (EVN) to establish the National Power System and Electricity Market Operation Company Limited (NSMO), then transfer it to the Ministry of Industry and Trade. (See details)

The Chairman of the State Capital Management Committee at Enterprises has just signed a decision to assign the authority of NSMO General Director to Mr. Nguyen Duc Ninh. The decision takes effect from August 5. (See details)

Ministry of Industry and Trade sets up inspection team, company of "diamond tycoon" is handled

The Ministry of Industry and Trade is inspecting 6 key enterprises and 8 petrol distributors. The General Department of Market Management has also been "ordered" to inspect 4 key traders and 20 distributors showing signs of violations. (See details)

The Ministry of Industry and Trade has handled 247 violations in the trading of this essential commodity in the past 7 months.

In the first 7 months of this year, the market management force inspected and punished a number of key traders such as Thien Minh Duc Group Joint Stock Company; Appollo Oil Joint Stock Company; Trung Linh Phat Company Limited. These three enterprises violated the law on business conditions for key traders in the petroleum business.

Among them, Thien Minh Duc Group is famous not only as a major petroleum supplier but also associated with the name of "diamond tycoon" Chu Dang Khoa - who has been on the board of directors of this enterprise for many years and is also the son of the group's chairwoman, Ms. Chu Thi Thanh. (See details).

Why do many people suddenly owe hundreds of millions of dong in personal income tax?

On the morning of August 5, the Ministry of Finance responded and answered the issue of individuals with income from many sources, suddenly receiving notices from tax authorities to collect personal income tax for many years, with an amount of up to hundreds of millions of VND; of which nearly half is fines and late payment.

Notably, many people accidentally failed to declare an income of only a few hundred thousand dong but were charged late payment fees of up to tens of millions of dong. (See details)

New move of the State Bank on interest rates

The State Bank of Vietnam (SBV) has just unexpectedly adjusted down the open market operation (OMO) interest rate and treasury bill interest rate.

Accordingly, 7 market members have just borrowed nearly VND 13,669 billion from the State Bank via the OMO channel, with a term of 7 days, with an interest rate of 4.25%/year, down 0.25%/year compared to the previous session. Notably, this is the first time this year that the State Bank has reduced the OMO interest rate. (See details)