- Accumulated budget revenue for 11 months reached more than 1.53 million billion VND
Accumulated state budget revenue in 11 months is estimated at 1,537 trillion VND, equal to 94.9% of the estimate, down 7.1% over the same period in 2022 (central budget revenue is estimated at about 96.3% of the estimate; local budget revenue is estimated at about 93.2% of the estimate) (according to Chinhphu.vn).
- New Housing Law: Clearly defines ownership of parking spaces in apartment buildings
The amended Housing Law, which was officially approved by the National Assembly and took effect from January 1, 2025, has amended and supplemented a number of contents related to parking spaces in apartment buildings. In particular, it clearly stipulates the determination of ownership and usage rights for parking spaces in apartment buildings (according to Tien Phong).
Using the Price Stabilization Fund in violation of regulations will be fined up to 150 million VND.
- The Ministry of Finance has just completed a draft Decree regulating administrative sanctions for violations in the field of price management. In the draft Decree regulating administrative sanctions for violations in the field of price management, the Ministry of Finance proposed a fine of 120-150 million VND for the act of using the Price Stabilization Fund in violation of the law (according to VTV).
- Nearly 150 gas stations in Hanoi have issued electronic invoices for each sale.
Deputy Director of Hanoi Tax Department Nguyen Tien Truong said that according to preliminary statistics as of November 30, 2023, there are more than 240 retail businesses in the area of gasoline under the management of Hanoi Tax Department with more than 450 stores and nearly 2,000 pumps. Of which, nearly 150 stores are currently applying the issuance of electronic invoices for each sale (according to VTV).
- The Ministry of Industry and Trade wants to transfer the management of petroleum reserves to the Ministry of Finance.
The Ministry of Industry and Trade has just sent a report on the national petroleum reserve to the Government. The Ministry of Industry and Trade proposed transferring the task of managing the national petroleum reserve to the Ministry of Finance in the period 2024-2025. (See more)
- Rooftop solar power is in a situation of 'eating at home, being imprisoned by the whole family'
Rooftop solar power is connected to the national grid for self-use, not sold to other organizations or individuals and not sold to the national grid. If it is transmitted to the grid, the output is only recorded at a price of 0 VND. (See more)
- Shrimp exports will recover in 2024, striving to reach 12 billion USD by 2030
Vietnam's shrimp exports strive to reach an export turnover of 12 billion USD by 2030. There is still a lot of room for development of Vietnam's shrimp industry alongside challenges (according to Lao Dong).
- High pressure on maturing bond debt, 6.3 billion USD from real estate businesses
The pressure on bond debt due in 2024 is huge. Real estate businesses recorded the amount of bonds due to reach nearly 155,000 billion VND (about 6.3 billion USD). (See more)
- 'Vietnam will be the second home, the largest center of NVIDIA'
NVIDIA President said that Chip and AI are extremely important and vital strategies for a country. He believes that Vietnam will be NVIDIA's homeland and largest center. (See more)
- Airlines increase flights from Noi Bai and Tan Son Nhat airports during Tet
The Civil Aviation Authority of Vietnam has just issued a decision to adjust the runway coordination parameters and flight operations services at Noi Bai and Tan Son Nhat airports during the peak period of the Lunar New Year 2024. The Civil Aviation Authority decided to increase the slot coordination parameters at Noi Bai and Tan Son Nhat airports during the peak period of the Lunar New Year, Vietnam Airlines increased nearly 550 flights during this time (according to Nguoi Lao Dong).
- "Nowadays it's not like the subsidy period when we had to go to the market to sell what we had."
According to Deputy Minister Phung Duc Tien, OCOP entities must bring to the market what people need. The market and consumer trends have changed. (See more)
- Foreigners dumped goods, domestic stocks sold billions of USD/session, stocks benefited from the year-end boost
The financial and stock markets continue to benefit as the Government focuses on economic growth. Billions of dollars in domestic cash flow has balanced the selling pressure of foreign investors. (See more)
- Mysterious character paid 14.5 million USD to Ms. Truong My Lan and the 396 billion VND deal
Greenhill Village is a business of Mr. Ta Hung Quoc Viet - the investor of the Greenhill Quy Nhon project. This company recently sold shares for nearly 400 billion VND after Mr. Viet paid defendant Truong My Lan 14.5 million USD (about 350 billion VND). (See more)
- Vietnamese rice price drops but still the most expensive in the world, Thai rice price increases sharply
Having been at its peak, the export price of Vietnamese rice has turned down after news of winning the World's Best Rice Award in 2023. Meanwhile, the price of Thai rice has increased sharply, about to catch up with Vietnamese rice. (See more)
The stock market on December 11 recorded the VN-Index increasing by 1.06 points to 1,125.5 points. Vingroup group was the center of the market. Other real estate stocks were heavily tilted towards red. Banking stocks were covered in red. On the contrary, securities stocks were "green".
The central exchange rate on December 11 decreased by 19 VND, down to 23,932 VND/USD. The USD price at commercial banks today increased slightly, closing the session listed at 24,030-24,400 VND/USD (buy - sell). The world USD price recovered.
The price of gasoline on December 11 in the international market increased following the increase in the trading session last weekend. Last week, gasoline prices recorded the 7th consecutive week of decrease, establishing the longest weekly decline in the past 5 years.
Gold prices in the international market today decreased slightly but remained high at over 2,000 USD/ounce. SJC gold in the afternoon decreased by 100,000 VND/tael in both directions, falling below the 74 million VND/tael mark.
Bank interest rates on December 11 continued to record a series of reductions, including BIDV, Vietcombank, ABBank. These are the banks with the lowest deposit interest rates in the market.
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