Let's review the notable domestic and international financial news that took place in the past 24 hours before today's trading hours.
* KMPG Vietnam CEO talks about 8 factors that determine foreign investors' choice of industrial parks. Convenient location near ports, airports, and connection to highways are the top priority choices that foreign investors are interested in when investing in industrial parks (IPs) because they minimize the time it takes to transport goods.
* A company mobilized nearly 1.5 trillion VND in bonds with an interest rate of 14%/year. Anh Quan Construction Consulting and Services Company Limited recently announced the successful issuance of a bond lot worth 1.495 billion VND. According to data from HNX, this is the first bond lot that this company has mobilized.
* The size of the bond market reached nearly 361.3 trillion GDP at the end of September. The bond market at the end of September 2023 had a size of about 35,771.3 trillion GDP in 2022; of which, the government bond market (G-bond) reached 22,761.3 trillion GDP and the corporate bond market (C-bond) reached 12.61.3 trillion GDP.
* With nearly VND100 billion in overdue tax debt, NRC (HN: NRC) was forced to stop using invoices. On November 13, District 1 Tax Department (HCMC) issued a decision to enforce the administrative decision on tax management by stopping the use of invoices for Danh Khoi Group Corporation (HNX: NRC).
* Mixed profits of logistics enterprises. The logistics industry, although still facing difficulties, has gradually shown signs of improvement. The business results of listed enterprises in the industry have shown mixed developments.
* The High People's Court in Da Nang annulled the decision to open bankruptcy proceedings against DLG. On November 10, the High People's Court in Da Nang decided to accept the request to reconsider the opening of bankruptcy proceedings of Duc Long Gia Lai Group Corporation (HOSE: DLG).
* National Assembly Chairman: The Land Law (amended) has not been passed at the 6th session. National Assembly Chairman Vuong Dinh Hue said that the draft Land Law (amended) still has many different opinions, some contents have two options. The Economic Committee has not presented its views on these issues, and is still seeking opinions from the National Assembly Standing Committee. Therefore, the Government and the National Assembly Standing Committee have agreed to submit the Land Law (amended) to the National Assembly for approval at the next session.
* China: House prices fall the most in 8 years, real estate crisis shows no way out. China's house prices fell the most in 8 years, showing the real estate crisis is getting worse even though China has introduced support measures.
* Why do bank profits decline? Many difficult factors of the economy that have not yet recovered have led to a decline in corporate profits, so bank profits are also affected.
* The Chairman of the Securities Commission talks about the determination to upgrade the market with American investors. The Chairman of the Securities Commission emphasized: "With the determination of the Vietnamese Government in implementing solutions to resolve issues related to upgrading the market, the Vietnamese stock market will be an attractive investment and business destination for domestic and foreign enterprises and investors."
STOCK MARKET
“Hiding” bond information, Nam Cuong Group and another enterprise were heavily fined
* Actis Fund divests capital at An Phat 1 High-Tech Industrial Park
* Following the shark money flow 11/16: Foreign investors return to net selling
* Two hydropower companies were fined for violating information disclosure
* Perspective 11/17: Continue to accumulate?
* NovaGroup's NVL shares were sold off (HM:NVL)
* NTP (HN:NTP) closes the right to pay interim dividend for the first period of 2023
* Tra fish "Queen" Vinh Hoan reports 9-month net profit down 52%
* Smart investors use margin to receive "compound interest" from the Silver Market
* Just finished paying off bonds, F88 issued more
* GLW Board of Directors members resign
* VietinBank: Strengthening asset quality, safe and sustainable growth
* Efforts to restore confidence in the corporate bond market
* APG Securities is no longer a major shareholder of GKM
* The High People's Court in Da Nang annulled the decision to open bankruptcy proceedings against DLG.
* DS3 is about to end many activities
* What did TV2 say when it was fined more than 2 billion VND in taxes?
* BOS Securities stops derivatives trading from November 10
* TCM's (HM:TCM) profit growth is negative for the 5th consecutive month, waiting for positive signals from the first quarter of 2024
BANKING FINANCE
* Groups of people "igniting debt" are rampant, with people advising others not to pay their debts.
* Ecuadorian shrimp exports in 2024: Focus more on value-added products
* Strongly dissolve ineffective non-budgetary state financial funds
* How to "unblock" consumer credit flows when it is increasingly difficult to recover?
* Bao Viet (HN:BVS) achieved Top 21 Annual Reports and Best Sustainability Reports in the world voted by LACP
* Clearing up the hidden corners of gasoline retail: Attaching responsibility to tax department leaders
* VIB (HM:VIB) supports 0% interest rate for customers borrowing capital to repay debt early
* Oil prices fell nearly 2% as US reserves increased more than expected
WORLD FINANCE
* Investors may be disappointed if they expect the Fed to cut interest rates sharply.
* US retail sales fall for first time in 7 months
* Bitcoin approaches $38,000 on hopes for Bitcoin ETF
* Wall Street extends gains, Dow Jones gains 160 points
