Verifying reflections on a bowl of eel porridge worth 250,000 VND at Cua Lo
Cua Lo Ward Police (Nghe An) are verifying a complaint about a restaurant selling a large bowl of eel porridge for 250,000 VND after this information spread on social networks, attracting many opinions about the listing and pricing.
Through initial work, the shop owner and staff confirmed that they served the group of customers mentioned in the post in the early morning of July 20. However, the contents on the number of dishes, how to calculate money, price levels and price listing are still being inspected and compared by functional agencies.
Cua Lo Ward Police are coordinating with specialized units to continue verifying the case, clarifying the responsibilities of relevant parties and will handle it according to regulations if violations are detected. See more...
37-year-old wooden sandal shop in Tan Dinh market attracts international customers thanks to social networks
Vietnam's stock market capitalization evaporated 310,000 billion VND in just one session
The trading session on July 22 witnessed VN-Index plummeting 62.03 points to 1,668.5 points, pulling the market capitalization down by nearly 310,000 billion VND (about 12 billion USD). Selling pressure spread widely, especially in large-cap stocks, banks and real estate, causing the index to lose the 1,700 point mark.
According to analysts, the main reason comes from call margin pressure, mainly related to organizations, large shareholders and enterprises holding shares rather than individual investors. Meanwhile, market liquidity is still low, showing that most small investors have reduced leverage use in the past.
Experts believe that the market may be in a "wash-out" phase before recovery opportunities appear. Investors are recommended to prioritize risk management, reduce margin use, maintain a high cash ratio and monitor leading stocks with good financial foundations to wait for disbursement opportunities when the market becomes more stable. See more...
Da Nang establishes three working groups to remove obstacles in public investment
As of the beginning of July, Da Nang has only disbursed more than 237 billion VND, reaching 18.4% of the total of more than 1,290 billion VND of capital for the transitional National Target Program for the period 2021-2025. This means that the city must disburse about 1,053 billion VND remaining before the end of 2026, of which more than 822 billion VND is central capital that is required to disburse 100%.
Many projects in localities such as Que Phuoc and Thang Binh are facing problems with land, site clearance, design and procedures, causing slow construction progress. In particular, projects in mountainous areas are also under pressure to be completed before the rainy and storm season to avoid incurring costs and prolonging progress.
To accelerate disbursement, Da Nang has established 3 working groups to directly inspect, remove difficulties and request weekly progress updates. The city will also transfer capital from projects that are unable to disburse and handle, replace contractors who are behind schedule or violate contracts according to regulations. See more...
