Classify tax refund records; transfer money with fingerprint authentication

- Will apply Risk Analysis Index to classify tax refund dossiers

One of the solutions to speed up the classification of tax refund dossiers in the coming time proposed by the General Department of Taxation is to apply the Risk Analysis Criteria Index (according to Lao Dong).

- Transfers over 10 million VND may require biometric authentication

At the workshop "Protecting bank accounts against the increasing risk of online fraud" organized by Tuoi Tre Newspaper in collaboration with the State Bank of Vietnam (SBV) on September 19, a representative of the SBV said that there will be a regulation requiring biometric authentication (by fingerprint, face) when transferring money between banks, possibly at 10 million VND (according to Nhip Song Thi Truong).

- Vietnam's economy steadily overcomes challenges from "headwinds"

Speaking at the opening ceremony of the Vietnam Socio-Economic Forum 2023 on the morning of September 19, National Assembly Chairman Vuong Dinh Hue emphasized that thanks to the correct and unprecedented policies and solutions in recent times, Vietnam has basically steadfastly overcome difficulties and challenges in the face of "headwinds" and achieved many important and quite comprehensive results. (See more)

- "Vietnamese businesses are good at resilience, but slow to grow"

At the Vietnam Socio-Economic Forum 2023 on the morning of September 19, Dr. Tran Dinh Thien, former Director of the Vietnam Economic Institute, commented that Vietnamese enterprises are good at resilience, but slow to grow, and need policies to clear the way. As for the enterprises themselves, they want to receive loan interest support and review regulations to clear resources. (See more)

- Increase electricity prices to a level sufficient to attract investment

At the plenary session of the Vietnam Economic Forum 2023 held on the afternoon of September 19, Mr. Nguyen Xuan Thanh, lecturer at the Fulbright School of Public Policy and Management Vietnam, said that electricity prices need to fully calculate production costs if we want to have a green economic transition and increase renewable energy.

- VinFast's capitalization skyrocketed to 42 billion USD

VinFast shares have been quite stable over the past 7 sessions.

VinFast shares unexpectedly increased again at the opening of the trading session on September 18 on the Nasdaq stock exchange. The capitalization of billionaire Pham Nhat Vuong's car company reached nearly 42 billion USD, surpassing China's Li Auto. (See more)

- Billionaire Pham Nhat Vuong's private company wants to buy millions of Vinhomes shares

Vietnam Investment Group Corporation has just announced information about registering to buy more than 16 million VHM shares of Vinhomes Corporation by order matching or negotiation method. If the transaction is successful, this organization's ownership ratio at Vinhomes is equivalent to 0.37% of charter capital. (See more)

- Singer Khanh Phuong sold all his shares, SJC suddenly has a new shareholder

Following the sale of shares by singer Khanh Phuong, Song Da 1.01 (SJC) has just announced information about its major shareholders. Accordingly, Mr. Nguyen Dinh Linh successfully purchased more than 662,435 SJC shares on September 8.

- The "hot" seat at VNDirect Securities continues to change owners

Ms. Pham Minh Huong returned to the position of Chairwoman of the Board of Directors of VNDirect Securities and resigned from the position of General Director of the company (according to Lao Dong).

- 'Mountain town tycoon' loses more than 3 billion after audit

"Mountain City Tycoon" - Quoc Cuong Gia Lai Joint Stock Company (QCG) has just released a report explaining the difference in business results in the first 6 months of the year after the audit. Accordingly, after deducting other expenses, QCG's after-tax profit in the first 6 months of the year recorded a loss of 13,668 billion VND (profit reported in the independent financial report was -10,297 billion), while in the same period last year it was 29,568 billion VND. (See more)

- Giving money to shareholders to attend the meeting, the extraordinary congress of CII still failed

Despite encouraging shareholders to attend by offering cash gifts, the extraordinary general meeting of shareholders of Ho Chi Minh City Infrastructure Investment Corporation (Code: CII) - the largest BOT company in the South - was still unsuccessful because it did not meet the required ratio. (See more)

- Many business leaders are about to have their departure from the country delayed.

Legal representatives of businesses with huge tax debts in Quang Ninh will be subject to temporary exit suspension notices to hold them accountable for fulfilling their obligations to the state budget (according to Tien Phong).

- Countries massively import Vietnamese cashew nuts

Vietnam still maintains its position as the world's number 1 cashew nut supplier as many countries are rushing to import this product from Vietnam. In particular, China has spent a large amount of money to buy cashew nuts from our country in the past 8 months. (See more)

- Every year Vietnam imports billions of dollars worth of salt.

Our country's salt consumption demand is about 1.5 - 1.6 million tons per year, but domestic production can only meet about 1 million tons, mainly table salt (according to VTV).

Sugar prices rise to 12-year record

World sugar prices have been rising steadily since mid-August and have remained at a 12-year high for the past two weeks. This development comes amid a global supply crisis, from crop failures due to weather to sugar export bans by some of the leading producing countries (according to VTV).

Oil prices on the world market today increased. Brent crude oil price exceeded 95 USD/barrel, while WTI crude oil price exceeded 92 USD/barrel.

On the stock market, VN-Index today broke through the 1,200 point mark but recovered to the reference level at the end of the session. While the two "big guys" VIC and NVL continued to fall, steel stocks impressed with a very strong increase.

The USD price at commercial banks continued to increase today, surpassing 24,500 VND/USD in the selling direction, reaching the highest level since the beginning of the year. The central exchange rate today increased by 14 VND compared to the previous session, reaching 24,060 VND. The world USD price cooled down today.

The domestic gold ring price today increased simultaneously. The gold ring price of SJC and PNJ exceeded 58 million VND/tael, the highest level ever. The gold bar price also increased. The world gold price today increased quite strongly.

Bank interest rates on September 19 recorded two more banks reducing deposit interest rates, namely Nam A Bank and DongA Bank. Currently, many banks have reduced deposit interest rates for all terms to below 6%/year.

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