I. NEWS
Review of the highlights of the past weekend: Former HOSE leader helped Trinh Van Quyet embezzle 3,600 billion VND; 'Strange developments' in the real estate market after Tet; 3 more Fed members oppose early interest rate cuts; GVR (HM:GVR) lost a lawsuit against a hydropower company, will have to repay more than 141 billion VND;…
1. The way HOSE leadership helped Trinh Van Quyet embezzle 3,600 billion VND. Mr. Tran Dac Sinh was accused of helping Trinh Van Quyet list shares on the stock exchange with 3 others, embezzling 3,600 billion VND. Proposal to prosecute 51 defendants in the stock market manipulation case related to FLC Group (HM:FLC). 4 defendants from HOSE were prosecuted for "Abusing positions and powers while performing official duties" in the stock market manipulation case related to FLC Group
2. 'Strange developments' in the real estate market after Tet. Land plots and project land have seen a stronger increase in interest than apartments in major markets such as Hanoi and Ho Chi Minh City right after Tet. Is this a sign that the "king" investment segment will "warm up" this year?
3. Three more Fed members oppose cutting interest rates early. Three top officials of the US Federal Reserve (Fed) said the central bank is still on track to cut interest rates this year, just not yet.
4. GVR lost the lawsuit against a hydropower company and will have to pay back more than VND141 billion. This is the deposit of Dak R'Tih Hydropower JSC to buy all shares of 5 hydropower companies owned by Vietnam Rubber Industry Group (HOSE: GVR) and its member units according to the transfer contract in 2016.
II. STOCK MARKET
• Profits hit rock bottom, stocks plummeted, two individuals "surfed" ST8
• Warning about impersonating KIS employees to set up GEM Vietnam investment fund
• The Carbon Credit Story: A Perspective from an Emissions Neutral Unit
• Warren Buffett praises Charlie Munger as the architect of Berkshire Hathaway
• VN-Index had a sharp decline
• CLSA Hong Kong forecasts the Year of the Dragon 2024 (Part 2)
• Tan Hiep Phat owner Tran Qui Thanh accused of embezzling more than 1,000 billion VND
• Late payment of fines, FLC Sam Son was forced to deduct more than 200 million VND from its account
• BID (HM:BID) "makes waves" to help VN-Index maintain its upward momentum
• Investment funds sell heavily after Lunar New Year
1. BANKING FINANCE
– Vietnamese durian prices skyrocket thanks to 'one-man market' in China
– Try to 'examine' the deposits and loans of the banking system
– Legal gaps in bad debt handling
– Bank sells factory of 'tycoon' in the West
– Van Thinh Phat case: 1,577 red books are evidence in the case
– Gold price will decrease when Decree 24 is revised, should investors wait longer?
– Law on Credit Institutions 2024: What space is there for digital banking?
– Red Sea crisis exacerbates tanker shortage
– How attractive is the 2in1 integrated card?
2. INVESTMENT MACRO
– Why has no social housing project in Ho Chi Minh City been able to borrow the 120,000 billion VND package?
– Tay Ninh aims to develop more than 3,000 social housing units in 2024
– Legal lessons from 'under-declaring transfer prices' of real estate
– Solutions to improve traffic safety after the Cam Lo-La Son highway accident
– The 240 billion pellet factory in Quang Binh is still on paper after 9 years
– Evacuate all households from unsafe mini-apartment building in Thanh Xuan district
– Project calling for investment week 17-23/02: Spanning North, Central and South
3. WORLD FINANCE
– Grab reports profit for the first time.
– The European Central Bank reported its first loss since 2004 due to interest rate hikes.
– Warren Buffett's company has a net profit of more than 96 billion USD, setting a record of 167 billion USD in cash.
– Google (NASDAQ:GOOGL) is set to manufacture Pixel phones in India.
– Global stocks hit record highs, many experts warn the market has reached a dangerous zone.
– The risk of recession still hangs over the world economy?
– Container ship insurance premiums hit all-time high due to Red Sea crisis
