Category Archives: Finance

Advertisements Information about Apple’s tax declaration in Vietnam was confirmed by Mr. Dang Ngoc Minh, Deputy Director of General Department of Taxation, on the afternoon of September 29. Specifically, at the press conference of Ministry of Finance, Mr. Minh said that from March 21, Vietnam has opened the tax declaration portal for foreign suppliers onContinue reading “Apple registers tax returns in Vietnam”

Advertisements Recently, the General Statistics Office has announced the report on socio-economic situation in the third quarter and the first nine months of 2022. Accordingly, the gross domestic product (GDP) in the third quarter of 2022 is estimated to increase by 13.67% compared to the same period in 2021. Specifically, the report of the General StatisticsContinue reading “GDP in the third quarter increased by 13.67% over the same period in 2021”

Advertisements This morning (28/9), a series of gold, silver and gemstone businesses sharply adjusted the price of SJC gold, increasing by about 100-200 thousand dong/tael when it opened, but after only a few tens of minutes, it dropped sharply by 1 million dong/tael. Early in the morning when opening today, DOJI Group slightly increased theContinue reading “Domestic gold price suddenly dropped by 1 million dong/tael”

Advertisements Financial markets and the British pound reacted strongly after Prime Minister Liz Truss’ government announced new tax and spending cuts. The British government has launched a tax cut plan that is considered to be the most daring in the UK since 1972, along with a large-scale debt plan. Accordingly, the financial markets immediately reacted stronglyContinue reading “Why did the British pound suddenly drop sharply?”

Advertisements VietinBank, Sacombank, SCB, SHB,… have announced to suspend transactions at a series of branches, transaction offices, and ATMs in Da Nang, Quang Nam, and Quang Ngai due to the impact of Typhoon Noru. Before the complicated development of Typhoon Noru in the Central region, VietinBank has just issued a notice that a number of branches/transactionContinue reading “Banks temporarily closed a series of branches, transaction offices, and ATMs in response to Typhoon Noru”

Advertisements Rapidly rising interest rates have dragged gold from near historic highs six months ago to its lowest since April 2020, but analysts expect a rebound in the coming months as the pace of gains slows. Traditionally seen as a ‘safe-haven’ asset, gold prices rose above $2,060 an ounce in March after the outbreak ofContinue reading “Gold price is about to rise again”

Advertisements The price of accommodation in Hanoi is increasingly exceeding the allowable budget threshold of many students. Even in some places, the room rent has increased unreasonably. September – October every year is considered the peak of the rental season, because this is usually the time when new students will go to the city toContinue reading “Many student hostels in Hanoi have skyrocketed in price”

Advertisements Ms. Q.Anh (28 years old, Hanoi) said that the last time she withdrew more than 5 million VND at an ATM and after 2 months she still had not used up all the cash. Most of the expenses in life today are paid by phone. Ms. Q. Anh shared: “In previous years, every month,Continue reading “Cash withdrawals at ATMs plummeted”

Advertisements According to the 2022 E-Commerce White Paper of the Department of E-commerce and Digital Economy – Ministry of Industry and Trade, Vietnam’s e-commerce in 2021 will maintain a stable growth rate at 16%, retail revenue will reach $13.7 billion. The content of the White Paper is built from the results of surveys of nearlyContinue reading “Vietnam ranks in the top 3 countries with the largest online retail growth in Southeast Asia”

Advertisements US oil reserves are gradually shrinking to a record low in nearly four decades due to efforts to stabilize gasoline prices. US oil inventories are at their lowest levels in decades. Photo: Getty Images The US Strategic Petroleum Reserve (SPR) has fallen to its lowest level in nearly 40 years, the Wall Street JournalContinue reading “US oil inventories are at their lowest level in decades”

Advertisements Experts said that in the past few years, land plots in the suburbs of Hanoi have experienced “fever”, thereby pushing up the price of other segments such as apartments. While the entire real estate market fell silent, Hanoi and Ho Chi Minh City were still areas that recorded a high level of interest, asContinue reading “Demand for apartments in Hanoi has increased sharply”

Advertisements Lithium, the key material of electric car batteries, has hit a new record high price due to tight supply. Earlier this year, billionaire Elon Musk complained that lithium – the ubiquitous raw material needed for electric vehicle batteries – was trading at a frenzy, like “a license to print money”. Soon after, Chinese authorities inContinue reading “‘White gold’ hits new record high prices due to tight supply”

Advertisements Most localities with large rich-poor disparities often have relatively low incomes compared to the national average. According to the Population Living Standards Survey 2021 (KSMS 2021), if considering 63 provinces and cities across the country, the 10 localities with the smallest gap between rich and poor are Binh Thuan, Nam Dinh, Thai Binh, BacContinue reading “Which province has the largest gap between rich and poor in Vietnam?”

Advertisements If you follow these smart management principles, you won’t have to worry about personal financial crises. Savings and investments should be separate In some financial conversations, the two words “saving” and “investing” are sometimes used interchangeably. A common feature of savings and investments is their primary importance in life. In fact, they are completely different things,Continue reading “Money management: Should follow the 4 golden rules below”