- Apartment prices are increasing rapidly

At the press conference of the fourth quarter of 2023 of the Ministry of Construction on the afternoon of January 12, Mr. Hoang Hai - Director of the Department of Housing and Real Estate Market Management, Ministry of Construction - said that in the market, there are almost no projects in the affordable apartment segment (price under 25 million VND/m2), but mainly the mid-range apartment segment (price from 25-50 million VND/m2) that are eligible to mobilize capital and trade. In the Hanoi market, Thanh Xuan district increased by about 3.5%; Ha Dong district increased by about 3.7%; Hoang Mai district increased by about 3.8%; Nam Tu Liem district increased by about 4.1%... (according to Tien Phong).

- Require TKV to ensure coal for electricity production

This is the request of Chairman of the State Capital Management Committee at Enterprises Nguyen Hoang Anh at the conference to summarize the work in 2023 and deploy the plan for 2024 of the Vietnam National Coal and Mineral Industries Group (TKV) on January 12 (according to Tien Phong).

- Despite difficulties, businesses still try to give the same Tet bonus as last year.

According to the Department of Statistics of Da Nang City, last year, the city faced many difficulties, production activities were reduced in scale due to reduced orders; the import-export sector was not favorable due to international market demand. Despite the difficult business situation, revenue decreased by 30%, many businesses in Da Nang still tried to maintain the 2024 Lunar New Year bonus for workers the same level as last year. (See more)

- The Red Sea is in turmoil, Vietnamese businesses are 'sitting on hot coals'

The skyrocketing sea freight rates and delayed delivery times have caused many businesses to worry. If they have orders, they have to switch to air freight. (See more)

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The Import-Export Department recommends that businesses need to update the situation and proactively plan import-export to avoid congestion (Photo: Hoang Giam)

- Gold price at historical peak, businesses in misery

Gold prices skyrocketed at the end of 2023 and at one point peaked at VND80.3 million/tael, causing gold borrowers to sit on fire. Previously, banks lent gold, but now there are thousands of taels left. (See more)

- The economy is difficult in many places, but state-owned enterprises have had a bumper year.

A series of state-owned enterprises in the fields of oil and gas, tobacco, rubber, railways, fertilizers, aviation, etc. have reported their business results for 2023. Many places have exceeded their profit plans, setting records. According to the State Capital Management Committee at Enterprises, in 2023, up to 15/19 enterprises completed and exceeded their pre-tax profit plans this year (according to Tuoi Tre).

- Coal and Minerals Group paid a record budget of 29,000 billion VND

On the morning of January 12, Vietnam National Coal and Mineral Industries Group (TKV) held a conference to review the work in 2023 and deploy tasks for 2024. In 2023, TKV paid nearly 29,000 billion VND to the state budget, an increase of 41% compared to the plan. This is the highest budget payment of the group since the establishment of TKV to date (according to Tuoi Tre).

- Three 'mysterious tycoons' behind the project with an illegally built golf club of nearly 8,000 square meters in Da Lat

After more than 30 years of investment approval, the shareholder structure of the investor of the 60-hectare project in Da Lat City has changed a lot. According to the latest information, behind this project are three "mysterious tycoons". (See more)

- Bamboo Capital and BCG Land want to divest from 2 real estate companies

Bamboo Capital Group Joint Stock Company announced a resolution to divest 51% of its capital contribution at Helios Village One Member Co., Ltd. to potential investors, equivalent to a capital contribution value of VND 204 billion. Previously, at the end of December last year, BCG Land Joint Stock Company - a member of Bamboo Capital - also announced a plan to transfer all of its capital contribution at the associated company King Crown Riverside Residence in the first quarter of 2024. The total value of the transfer according to capital contribution is VND 245 billion, equivalent to 49% of the charter capital of King Crown Riverside Residence (according to Tri Thuc Truc Tuyen).

Oil prices on the international market continued to rise today, January 12, due to concerns about supply disruptions in the world's leading oil producing region. Brent oil prices are heading towards the $80/barrel mark.

The stock market on January 12 recorded a decrease of 7.52 points for the VN-Index to 1,154.7 points. The entire HoSE floor had 132 stocks increasing in price, 60 stocks remaining at the reference price and 380 stocks decreasing in price. Order matching liquidity was high, reaching VND21,495 billion.

The central exchange rate on January 12 was 23,976 VND/USD, up 28 VND compared to the previous session. The USD price at commercial banks on January 12 increased, listed at the end of the session at 24,260 VND/USD (buy) and 24,630 VND/USD (sell). The international USD price also increased slightly.

Today, January 12, the domestic price of SJC gold bars continues to increase, increasing by 700,000 VND/tael, officially reaching the peak of 76 million VND/tael. The price of SJC gold bars has increased by 2 million VND/tael in the past 2 days in the buying direction. The domestic price of gold rings has also increased, but the increase is not as "explosive" as that of gold bars.

Today, the only bank that has reduced its deposit interest rate is Viet A Bank, bringing the total number of banks that have reduced their interest rates since the beginning of the month to 13.