Read what is in the news today: Health -- The Ministry of Health reported 2,340 new cases of COVID-19 on Tuesday, raising the national caseload to 11,351,563 and marking a new record of daily infections in three months, according to the ministry. Society -- A tropical depression over the East Vietnam Sea has evolved into a storm named Mulan. This is the second storm off the Vietnamese coast this year and is forecast to bring heavy rains to the northern region from Wednesday, according to the National Center for Hydro-Meteorological Forecasting. -- The Ho Chi Minh City Department of Construction proposed on Tuesday an allocation of VND500 billion (US$21.37 million) from the municipal budget for the renovation of 246 old, run-down apartment buildings in the southern metropolis. -- Functional forces on Tuesday imposed fines totaling more than VND26 million ($1,111) on a restaurant in Thu Duc City under Ho Chi Minh City, where a case of methanol poisoning killed two … [Read more...] about Breakfast @ Tuoi Tre News — August 10
10 million dollar yacht
Reference exchange rate down 2 VND on August 10
The daily reference exchange rate for the US dollar was set at 23,174 VND/USD on August 10. (Photo: VNA) Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,174 VND/USD on August 10, down 2 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,869 VND/USD and the floor rate 22,478 VND/USD. The opening-hour rates at many commercial banks also dropped. At 8:27 am, BIDV listed the buying rate at 23,250 VND/USD and the selling rate at 23,530 VND/USD, both down 5 VND from the end of August 9. Vietcombank kept both rates unchanged at 23,220 VND/USD (buying) and 23,530 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate down 2 VND on August 10
Gasoline products entitled to 10 per cent discount on preferential import tax
Domestic gasoline prices declined for the fourth consecutive session. They are expected to drop further. — Photo kinhtedothi The Government has just issued a decree stipulating the import tax rate for gasoline products, with a reduction of 10 per cent on organic unleaded gasoline. Decree No. 51/2022/ND-CP amends the preferential “Most Favoured Nation” or “MFN” rates for gasoline products, in which the import tax rate for unleaded petrol (under HS code from 2710.12.21 to 2710.12.29) will be adjusted from 20 per cent to 10 per cent. According to the Ministry of Finance (MoF), compared to other countries, the proportion of tax in the base price of petroleum in Viet Nam is lower. The proportion in many countries was mainly in the range of 40 per cent - 55 per cent for gasoline and 35 per cent - 50 per cent for oil, while it was about 19.39 per cent for E5RON92 gasoline, 21.95 per cent for RON95 gasoline and about 11.05 per cent for diesel in Viet Nam with the environmental … [Read more...] about Gasoline products entitled to 10 per cent discount on preferential import tax
P/S extends collaboration with Vietnam Odonto-Stomatology Association
P/S of Unilever Vietnam and the Viet Nam Odonto-Stomatology Association have announced a collaboration agreement to prolong the Protecting Vietnamese Smiles programme to 2027. The programme is a component of a strategic partnership between the two parties to enhance oral health and reduce oral diseases by 10 per cent in Viet Nam between 2022 and 2027. Under the collaboration, the two sides will strengthen education on appropriate oral hygiene habits including organising communication initiatives to inspire 20 million people to properly brush their teeth day and night to prevent oral health issues. In addition, they will co-ordinate to implement the School Dentistry programme to directly approach and spread the formation of healthy daily brushing habits to 2.6 million primary and preschool children The oral health checks among the community will also be organised with free dental examinations and consultations for 100,000 children and the elderly. The two sides will develop … [Read more...] about P/S extends collaboration with Vietnam Odonto-Stomatology Association
Securities firms raise capital on recovery of stock prices
A worker talking to an investor at MB Securities' office. — Photo courtesy of MBS Despite poor business results in the second quarter, many securities stocks have rebounded sharply after hitting the bottom on June 20-21. Accordingly, Viet Dragon Securities JSC (VDS)'s shares gained 84.7 per cent from VND7,200 a share to VND13,300, while shares of Saigon - Hanoi Securities JSC(SHS) also increased by 65 per cent from VND8,904 to VND14,700. Shares of MB Securities JSC (MBS) jumped 61.3 per cent. Leading securities stocks like SSI Securities Corporation (SSI), Ho Chi Minh City Securities Corporation (HCM) and VNDirect Securities Corporation (VND) to small stocks such as Vietnam Industrial & Commercial Securities Corporation (VIG), Hoa Binh Securities JSC (HBS), and Agribank Securities Corporation (AGR) also surged 30-50 per cent in the last month and a half. Securities stocks have reported a good recovery as the general stock market picked up significantly from the area of … [Read more...] about Securities firms raise capital on recovery of stock prices
Industrial real estate remains defiant in stock market
Among the notable stocks is Kinh Bac Urban Development Corporation JSC (KBC). In the first six months, KBC achieved nearly $47 million in net revenues and $103 million in net profit, down 61 per cent in revenues but up 271 per cent in profit over the same period last year. This year, it set a business plan with total revenue of $426 million and profit after tax of $195 million. Industry analysts say the demand for industrial real estate will continue in a positive trajectory in 2023, Le Toan KBC currently owns more than 4,700 hectares of industrial land and 917ha of urban area nationwide. Of which, the four zones of Que Vo Industrial Zone (IZ) and its expansion, Trang Due 1, and Trang Due 2 are fully occupied. The company is now developing two new IZs, Nam Son Hap Linh and Trang Due 3. Both of these projects cover large areas and are located in key cities and provinces in terms of industrial property development. Industrial Development and Investment Corporation JSC … [Read more...] about Industrial real estate remains defiant in stock market
