Thai’s KBank expands services to Vietnam

Advertisements “Vietnam has tremendous purchasing power thanks to its huge tech-savvy, working-age group, which comprises 60 percent of its total population of 100 million. Given this abounding opportunity, KBank aims to take a digital-first strategy to emerge in Vietnam market.”, Ms. Kattiya Indaravijaya, KBank’s Chief Executive Officer, said at the bank’s grand opening ceremony in HCMC.Continue reading “Thai’s KBank expands services to Vietnam”

UK raises interest rates to a 27-year record, predicts a prolonged recession

Advertisements Since the end of 2021, the BoE has raised interest rates six times with the increase on August 4 being the strongest. The Bank of England (BoE) just raised interest rates by 0.5%, the highest increase since 1995, and warned the economy could fall into one of the longest recessions since the crisis. 2008Continue reading “UK raises interest rates to a 27-year record, predicts a prolonged recession”

Gas is suddenly ‘precious like gold’: traders are willing to break long-term contracts to choose buyers who pay high prices

Advertisements Japan and South Korea are racing to gather gas – competing with importers from Europe. China is still “unmoving” but if they “come at the last minute” to buy LNG, the market will be very unpredictable. The “war” between Asia and Europe to “close” gas contracts is heating up, increasing the risk that theContinue reading “Gas is suddenly ‘precious like gold’: traders are willing to break long-term contracts to choose buyers who pay high prices”

The Ministry of Industry and Trade launched a general inspection of the reason why commodity prices “increase, not decrease”

Advertisements The Minister of Industry and Trade requested the General Director of the General Department of Market Management to direct the implementation of a thematic general inspection of organizations and individuals in the observance of the law on prices from now until the end of 2022. On August 4, Minister of Industry and Trade Nguyen Hong DienContinue reading “The Ministry of Industry and Trade launched a general inspection of the reason why commodity prices “increase, not decrease””

Gold surges to 1-month high, USD and pound plunge again

Advertisements The dollar fell against most major currencies on anticipation of higher US jobs data, while the pound also fell despite the Bank of England’s biggest interest rate hike since 1995. The Dollar index – which compares the USD against a basket of major partner currencies – ended August 4 in Vietnam time down 0.338%Continue reading “Gold surges to 1-month high, USD and pound plunge again”

Ho Chi Minh City fined 31 billion VND for an individual with “terrible” income from Google

Advertisements Ho Chi Minh City is strengthening the management of e-commerce business activities on the digital platform, especially tax arrears from overseas revenues. The revenue is enormous, but the tax amount paid to the state budget from the e-commerce business is not commensurate. In the first 6 months of this year, with revenue from GoogleContinue reading “Ho Chi Minh City fined 31 billion VND for an individual with “terrible” income from Google”

How does Russia’s gas cut to Europe affect Asia?

Advertisements Severe shortages are causing many buyers in Europe to hoard, buy more and more gas orders, compete directly with buyers in Asia – most of which are countries experiencing difficulties. The recent cuts in the flow of natural gas to Europe through the Nord Stream 1 pipeline, experts say, threaten to further destabilize Asia’s energyContinue reading “How does Russia’s gas cut to Europe affect Asia?”

Banks liquidate cars with prices from only VND 100 million / car

Advertisements Many liquidated car models are sold by banks at a cheaper price than the used car market from a few tens to hundreds of millions of dong. According to a survey of reporters, recently, NCB has announced many auctions of assets such as cars to recover debts. Specifically, NCB is selling a white, 5-seatContinue reading “Banks liquidate cars with prices from only VND 100 million / car”

Honda Vision suddenly dropped abruptly to 20 million dong

Advertisements The price of Honda Vision 2021 car suddenly dropped by up to 20 million VND in the 7th lunar month. Entering the month of Ngau, the motorcycle market has begun to show signs of cooling down. Not standing on the sidelines, recently, the “rich car” Honda Vision has been sharply reduced by many dealers toContinue reading “Honda Vision suddenly dropped abruptly to 20 million dong”

US stock futures “green again”

Advertisements The newly released report shows that the business results of many businesses remained stable despite difficult macroeconomic conditions in the second quarter. This has made US stock futures green again after a bright red session. Dow Jones Futures rose 81.6 points, or 0.26%. S&P 500 Futures also gained 26.4 points, or 0.66%, while Nasdaq Futures gainedContinue reading “US stock futures “green again””

The Ministry of Finance is required to submit a plan to reduce gasoline tax in July

Advertisements Deputy Prime Minister Le Minh Khai asked the Ministry of Finance to report to the Government plans to further reduce taxes and fees related to gasoline by the end of this month. The Government Office has just sent a dispatch on the study and proposed reduction of taxes and fees. Specifically, following the direction ofContinue reading “The Ministry of Finance is required to submit a plan to reduce gasoline tax in July”

Predicting three economic growth scenarios to 2023

Advertisements In the draft Project on Ensuring macroeconomic stability, controlling inflation and ensuring major balances, the Ministry of Planning and Investment (MPI) has developed 3 forecast scenarios for the last 6 months of the year. 2022 and subsequent years. Following the Government’s direction at the Government-local online conference and the Government’s regular meeting in June,Continue reading “Predicting three economic growth scenarios to 2023”

Give up 3 thoughts of “ordinary” people immediately if you want to become rich

Advertisements Thinking determines action, from action brings results. If you want to become a rich person, the mindset must also match. Many of us spend decades trying non-stop at work. There are also a lot of people looking for ways to change themselves (reading books, taking courses, …). But many people still feel that they have notContinue reading “Give up 3 thoughts of “ordinary” people immediately if you want to become rich”

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