Gold price receives positive forecast; Hanoi publicly discloses insurance debt businesses

Gold price receives positive forecast

Gold prices are on a breakout upward trend. Experts have made many positive comments about the outlook for gold prices.

Gold price forecast for next week. Source: Kitco

Of the 13 Wall Street analysts participating in the Kitco News Gold Survey, seven, or 54%, see higher prices. Two, or 15%, see lower prices. Four, or 31%, are neutral on gold.

Meanwhile, 672 votes were cast in Kitco's online poll. As usual, the majority of market participants remained bullish on gold. 431 investors, or 64 percent, expect gold to rise. Another 156, or 23 percent, predict lower prices. Meanwhile, 85 respondents, or 13 percent, are neutral on the precious metal's near-term outlook. Read more...

Many problems cause Gia Lai to be slow in disbursing public investment capital

The reason for the slow disbursement of public investment capital is due to the regulations of the Law on Fire Prevention and Fighting, environmental licensing issues, compensation for site clearance...

Many projects in Gia Lai are slow to disburse public investment capital. Photo: Thanh Tuan

On November 26, the Department of Planning and Investment of Gia Lai province said that as of November 20, the total value of disbursed public investment capital was nearly VND 1,972 billion, reaching 37.36% of the assigned capital plan, and the estimated disbursement of the capital plan by January 31, 2024 reached 82.6% of the plan.

Of which, investors were assigned a lot of capital but the disbursement rate was low such as Gia Lai Provincial Construction Investment Project Management Board only reached 27.8%; Department of Agriculture and Rural Development reached 19.8%; Department of Planning and Investment reached 17.7%; Department of Natural Resources and Environment has no disbursement rate. Localities such as Chu Se, Chu Prong, Dak Doa, Ia Pa, Mang Yang, Phu Thien... only disbursed about 40% of the capital plan.

According to the Department of Planning and Investment of Gia Lai province, the reason for the slow disbursement of public investment capital is due to the regulations of the Law on Fire Prevention and Fighting, and the issue of environmental licensing takes a long time. See more...

Publicly disclose a series of businesses with billions of dong in insurance debt in Hanoi

On November 26, the Hai Ba Trung District Social Insurance (Hanoi) has just announced a series of businesses that are late in paying social insurance, health insurance, and unemployment insurance. The total debt by the end of October was more than 71 billion VND.

Many businesses owe billions of dong in insurance premiums. Photo: Hai Ba Trung District Social Insurance (Hanoi).

Specifically, according to the Social Insurance of Hai Ba Trung District (Hanoi), currently, in the district, there is a situation where many enterprises are slow to pay social insurance, health insurance, and unemployment insurance for a long time, affecting the settlement of employee benefits and affecting the implementation of policies and laws on this issue.

Therefore, in order to promptly urge enterprises to comply with their obligations to pay social insurance, health insurance, and unemployment insurance in accordance with the provisions of law; Hai Ba Trung District Social Insurance proposes to publicize the list of units that are 3 months or more late in payment as of November 21. See more...

Khanh Hoa officially issues 500 billion VND in 10-year bonds

The government has just announced the issuance of bonds this time with a maximum value of 500 billion VND with a term of 10 years.

Khanh Hoa issues 500 billion VND in 10-year bonds. Photo: Huu Long

On November 25, Khanh Hoa Provincial People's Committee announced information on issuing local government bonds in 2023.

In the announcement, Khanh Hoa provincial government said that the maximum bond issuance volume this time is 500 billion VND with a term of 10 years.

The face value of the bond is 100,000 VND with the following principal and interest payment methods: Principal is repaid once upon maturity for each issuance; Bond interest is paid periodically once a year.

The bond issuance date is December 4, 2023, with the issuance method being auctioned at the organization that conducts the bidding for government debt instruments. See more...

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