- Government Inspectorate concludes violations of the Ministry of Industry and Trade regarding solar power

The Government Inspectorate has just issued a notice of conclusion of the inspection of the Power Plan VII and the revised Power Plan VII. The Government Inspectorate pointed out that the Ministry of Industry and Trade did not properly implement the regulations on planning for power source development, causing an imbalance between sources and grids, power source structure, and solar power addition without ensuring transparency, leading to the risk of asking and giving. (See more)

- Lunar New Year bonus in Long An is highest at nearly 5.7 billion VND/person

According to the report on December 25 on the situation of labor, wages, bonuses and labor relations in enterprises in the province by the Department of Labor - Invalids and Social Affairs (LĐ-TB&XH) Long An, the results of the summary report on the 2024 New Year's bonus of 603 enterprises with more than 50,000 employees showed that the average bonus was 1 million VND/person; the highest was 6 million VND/person; the lowest was 100,000 VND/person. Regarding the Lunar New Year bonus, the highest bonus was up to 5.686 billion VND/person, belonging to a foreign-invested enterprise. The average bonus of this enterprise was 7 million VND/person, the lowest was 500,000 VND/person (according to VTC News).

- The highest Tet bonus is over 630 million VND in Quang Nam

On December 25, the Deputy Director of the Department of Labor, Invalids and Social Affairs of Quang Nam province informed about the labor, employment, and salary situation in 2023 and the 2024 Tet bonus plan in enterprises in the province. Regarding the 2024 Lunar New Year bonus in Quang Nam, the highest level belongs to foreign-invested enterprises with more than 630 million VND/person. (See more)

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There are businesses in Quang Nam that give Tet bonuses of up to 630 million VND/person. (Illustration: Nam Khanh)

- Lunar New Year 2024 bonus in Da Nang is highest at over 1 billion VND

On the afternoon of December 25, the Department of Labor, Invalids and Social Affairs of Da Nang City said that it had received reports from 116 businesses in the area on the 2023 salary results, the New Year and Lunar New Year 2024 bonus plan for employees. The highest Lunar New Year 2024 bonus in Da Nang belongs to private enterprises with more than 1 billion VND/person. (See more)

- The highest Tet bonus in Nghe An is nearly 100 million VND

On the morning of December 25, information from the Department of Labor, Invalids and Social Affairs of Nghe An said that the department had just coordinated with the Management Board of the Southeast Economic Zone and localities to survey more than 9,000 companies and enterprises in the area about salaries in 2023 and Tet bonuses in 2024. Some enterprises plan to pay bonuses to employees on the occasion of New Year with an average bonus of 1 million VND, the highest is 99.5 million VND, the lowest is 100,000 VND (according to Tuoi Tre).

- Prime Minister appoints Deputy Governor of State Bank

The Prime Minister appointed Mr. Pham Quang Dung - Party Secretary, Chairman of the Board of Directors (BOD) of Vietcombank - to hold the position of Deputy Governor of the State Bank of Vietnam. The decision takes effect from January 1, 2024 (according to Tien Phong).

- Implement solutions to minimize risks in online payments

The State Bank has issued Decision No. 2345/QD-NHNN on implementing safety and security solutions in online payments and bank card payments. The Decision clearly states that credit institutions, foreign bank branches, and payment intermediary service providers must implement solutions to minimize risks in online payments (according to Chinhphu.vn).

- Mobile World 'wiped out' nearly 150 stores in just 2 months

In October and November, Mobile World Investment Corporation closed nearly 150 stores in the Mobile World, Dien May Xanh, and Topzone chains and will continue to close some ineffective stores in December to stabilize operations and prepare for the peak sales season during the 2024 Lunar New Year (according to Tien Phong).

- Gold price hits new peak, gold business tycoons make huge profits

Phu Nhuan Jewelry Joint Stock Company (PNJ) has just announced its business results for November and 11 months of 2023. Gold prices increased sharply in December, it is expected that PNJ can continue to make big profits. (See more)

- The precious seed of Son La makes even agricultural leaders have to ask to buy it

Grown in the high mountains of Mai Son, Robusta coffee beans are considered a specialty of Son La province and are considered to be the best quality beans in our country. This type of bean has even made agricultural leaders ask people to order it. (See more)

Today, December 25, the international oil price fluctuated little in the context of the US and European markets entering the Christmas holiday. Last week, the world oil price recorded the second consecutive week of increase with a fairly strong increase.

The stock market on December 25 recorded the VN-Index increasing by 14.6 points, to 1,117.66 points.
The uptrend spread across the market in the session of December 25 with more than 400 stocks gaining points on the HoSE. However, the matching liquidity remained quite low.

The central exchange rate on December 20 was 23,938 VND/USD, up 24 VND compared to the previous session. The USD price at commercial banks today decreased slightly, closing the session listed at 24,140-24,510 VND/USD (buy - sell). The world USD price remained low when the USD-Index was at 101.71 points.

The price of SJC gold bars today increased by the highest amount of 1.7 million VND/tael, reaching a peak of 78.42 million VND/tael. Although the price of gold rings increased less than that of gold bars, it was still the highest ever. The price of gold rings of all brands has exceeded 63 million VND/tael. The world gold price is currently at 2,052.79 USD/ounce when the market is closed for Christmas.

Bank interest rates on December 25, 2023 recorded that Big4 banks reduced their deposit interest rates to an unprecedented low of only 1.9%/year. This is the lowest deposit interest rate on the market today for short-term deposits, far exceeding the ceiling of 4.75%/year.