Let's review the notable domestic and international economic and financial news that took place in the past 24 hours before today's trading hours.
* Real estate stocks attract money in the week of market recovery. During the trading week of November 6-10, the stock market recovered well in both points and liquidity. This week, real estate stocks attracted a lot of money.
* Real estate businesses complain about difficulty in accessing loans, what do banks say? On the morning of November 13, 2023, the State Bank of Vietnam (SBV) held a conference on credit for real estate and social housing development to implement Official Dispatch 993/CD-TTg dated October 24, 2023 of the Prime Minister. >>>
* Vietnam Airlines (HN: HVN) has postponed the 2023 General Meeting of Shareholders. The Board of Directors of Vietnam Airlines Corporation (Vietnam Airlines, HOSE: HVN) passed a resolution to postpone the 2023 Annual General Meeting of Shareholders. This is the second time the national airline has announced a postponement of the General Meeting of Shareholders in the past month.
* Real estate and construction business leaders are trading busily. In the recovery trend of the stock market in the week of November 6-10, 2023, internal trading statistics show that buying signals have rebalanced and most of the transactions are concentrated in the real estate and construction industry.
* Rice exports reap huge numbers, rice enterprises “pick up” every penny of profit. Since the beginning of the year, Vietnam’s rice exports have continuously received good news with record numbers from output to selling price. But paradoxically, many listed rice enterprises have recorded high revenue growth but thin profits or decreased profits, even heavy losses.
* A series of auditors have been suspended from operations until the end of 2023. From the end of October 2023, many auditors at auditing firms have had their qualifications to audit public interest entities suspended.
* Who is Mya Capital? Mya Capital – a young investment fund in the stock market has attracted attention for its continuous stock “surfing” moves. The founding shareholder of Mya Capital is very young. The Chairman of the Board of Directors of the Company – Mr. Le Van An – also has many connections with Avina Holdings and especially VSM Securities Company (VSMS).
* VND 120,000 billion credit package: The biggest difficulty is limited supply. On the morning of November 13, 2023, the State Bank of Vietnam (SBV) held a "Credit Conference for real estate and social housing development" to implement Official Dispatch 993/CD-TTg dated October 24, 2023 of the Prime Minister.
* Thanh Thanh Cong Investment mobilizes an additional 180 billion VND in bonds, interest rate 11%/year. Thanh Thanh Cong Investment Joint Stock Company (TTC Investment) has just completed the issuance of bonds with code TTCCH2327001 to mobilize 180 billion VND. This is a core enterprise in the "ecosystem" TTC Group of Mr. Dang Van Thanh's family.
* Chemicals in the third quarter: Big companies saw a sharp decline. The third quarter witnessed a free fall in profits for many big companies in the chemical and fertilizer industry, mainly in the urea fertilizer group due to a sharp drop in fertilizer prices. On the contrary, there were businesses that grew by several times.
* HoREA: Bond repayment pressure in 2024 will reach a three-year high. Next year, the value of maturing corporate bonds could reach VND329,500 billion, the highest in the past three years, according to HoREA.
STOCK MARKET
* SCIC's development strategy to 2030 and vision to 2035
* Vinh Hoan's Q3/2023 revenue is estimated to decrease by 22%
* PVN estimates revenue of 745 trillion after 10 months, exceeding 10% of the year plan
* Only 0.25% population participated, total NAV of securities investment funds reached nearly 72 trillion VND
* Camimex Group's subsidiary (CMX (HM:CMX)) wants to offer 3.4 million shares to the public
* Shaking up the upper echelons of a 20 billion capital garment company, major shareholders leave en masse
* EVN is about to receive more than 30 billion VND from TBD (HN: TBD)
* QCG (HM:QCG) was charged more than VND 556 million in back taxes from 2021 and 2022
* Investing in knowledge is the most profitable investment.
* What investment opportunities are there for GAS (HM:GAS), FMC and ANV?
* Thac Mo Hydropower increased profit by 7% in October
* Another name leaves major shareholder position at VNE
* An individual withdraws from the major shareholder position of MHC
* PC1 (HM:PC1) will sell shares of Bao Lac A hydropower project owner
BANKING FINANCE
* State budget revenue in 10 months reached 86.3% of estimate
* The reason why pomegranates, grapes, etc. are getting cheaper
* Gasoline prices decrease after 2 consecutive increases
* Why is real estate credit growth in Ho Chi Minh City low?
* Petroleum business: Businesses complain about new regulations again
* Should we legalize the handling of 'bad debts' in banks?
MACRO INVESTMENT
* Viva Land is about to sell a 5-star hotel in Singapore, estimated loss of 30%
* Who is behind the Vu Viet Housing Project that has just been approved to sell future housing?
* Good real estate projects still sell.
WORLD FINANCE
* Japan changes policy to attract new asset management companies.
* Goldman Sachs (NYSE:GS): US economic strength will limit the decline of the USD.
