24h Economy: Reasons why Diem Thong Nhat was executed; Black market USD decreased sharply

Mi Vân |

USD free to cool down, hold your breath waiting for the FED; Diem Thong Nhat is about to be put to death; Mr. Duc withdraws from the hydropower sector; Un solving the problem of issuing pink books for apartments... are the hottest economic news in the past 24 hours.

Diem Thong Nhat was beheaded and destroyed to be listed on UPCOM

Thong Nhat Dite Joint Stock Company has decided to "expose" the product of the diet since 2020. Diem Thong Nhat will stop producing diced and cancel its listing on the UPCOM stock exchange.

The sharp decrease in skyrocketing dietary supplement consumption in recent years has caused the Board of Directors of Diem Thong Nhat to decide to focus only on lighter products.
See more here

Thai Nguyen Steel Corporation is experiencing serious financial imbalance

Interest rates at the Thai Nguyen Steel Corporation's Phase II Production Expansion Project continue to fluctuate by hundreds of billions of VND per year, which is a factor that causes this enterprise to suffer serious financial imbalance.

As of the end of 2018, the cost of interest earned in capital accounted for VND 1,888 billion out of the total total investment cost of the project as of December 31, 2018, which was VND 5,093 billion (equivalent to 37%) with the main cost arising in the year being the cost of interest earned in capital.

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Foreign exchange rate 11.12: Breaking the flow of increase, free USD cools down, holding your breath waiting for the FED

Foreign exchange rate today (December 11): Black market USD price could not stay at a high level but started to decrease slightly. Domestic SJC gold price increased to 41.41 million VND/tael.

How much is the exchange rate of 1 USD?

The central exchange rate today was listed by the State Bank at 23,163 VND/USD.

Free USD price is at: VND23,210 - VND23,220 (buy - sell), down VND10 in both directions compared to the previous trading session.

Vietcombank's exchange rate is listed at: VND 23,120 - VND 23,240 (buy - sell), unchanged from the previous session.

The world spot gold price is currently at 1463.80 - 1464.60 USD/ounce. Meanwhile, February gold futures rose $6.8 to $1,471.60 an ounce.

Domestic gold prices are currently listed at 41.26 million VND/tael (buy) and 41.41 million VND/tael (sell).

See more here

Mr. Duc withdraws from the hydropower sector

Hoang Anh Gia Lai Joint Stock Company (HAG) has just transferred all 248 million shares in Hoang Anh Gia Lai Hydropower Joint Stock Company.

The divestment and liquidation of companies and hydropower projects are carried out by Hoang Anh Gia Lai according to the group restructuring strategy, divesting capital from ineffective sectors and increasing investment in agriculture.

Un solving the problem of granting apartment pink books

Online seminar "Disturbing problems with granting pink books at apartments", reported online on Laodong.vn.

Speaking at the seminar, Professor Dang Hung Vo - former Deputy Minister of Natural Resources and Environment: Not only the people but also the Government are eager for the pink book. The story of apartments is a three-way relationship: the book issuer, the investor and the apartment owner.

Mr. Nguyen Manh Ha - Vice President of the Vietnam Real Estate Association: serious sanctions are needed from both investors and authorities.If we allow the sale of future houses, how can we ensure that people who have bought the project must be granted a pink book?
See detailed content of the online discussion here

Mi Vân
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