Business news April 26: Gold price: Turned down sharply

OceanBank has also just sharply increased online savings interest rates on April 22. Accordingly, the 1-month online savings interest rate is 2.9%/year; 3-month term and 6-7 month term are 3.2%/year and 4%/year respectively; 8-11 month term is 4%/year; 12-13 month term is 5.4%/year; 15 month term is 5.5%/year.

Notably, the savings interest rate increased by 0.7% for the 18-month term to 5.9%/year; increased 0.8% for 24-month term at 6%/year; increased 0.9% for the 36-month term to 6.1%. This is a rare bank with an interest rate of 6%/year at the present time.

Previously, on April 11, VIB adjusted the 1-month deposit interest rate to 2.6%/year. This is the 7th bank to increase interest rates since the beginning of April. Previously, banks such as HDBank, MSB, Eximbank, NCB, VPBank, KienLongBank also adjusted increases in some terms.

On April 4, HDBank increased online savings interest rates for terms from 12 to 18 months, accordingly, 12-month terms increased to 5%/year, 13-month terms to 5.2%/year, 15-month term at 5.8%/year, 18-month term at 5.9%/year.

After 2 months of unchanged interest rates, on April 5, MSB suddenly increased interest rates on online deposits with terms of 6 months or more. Accordingly, deposit interest rates for terms from 6-11 months increase to 4.1%/year, for terms from 12-36 months to 4.5%/year.

KienLong Bank also increased deposit interest rates for a series of terms from 6-36 months on the online channel. Specifically, 6-month term is up 4.4%/year, 12-month term is up 5%/year, 18-36 month term is 5.5%/year.

In addition, some banks have increased deposit interest rates for the second time since the beginning of the year. At the end of March, Eximbank increased interest rates for short terms, accordingly, 1-month term interest rate increased to 3.1%/year, 2-month term interest rate to 3.3%/year and 3-month term interest rate to 3.4%/year. On April 9, this bank continued to increase the interest rate on online savings deposits for 6-9 month terms to 4.1%/year.

Similarly, VPBank applies a new deposit interest rate schedule from April 10, for terms from 12-36 months. Previously on March 27, the 1-month term deposit interest rate at this bank increased by 0.1%, the 2-36 month term deposit interest rate increased by 0.2%. SHB and Saigonbank also moved to increase interest rates at the end of March.

A bank in the “big 4” group, VietinBank, also unexpectedly increased deposit interest rates for terms from 1-11 months and from 24 months or more on April 16. Accordingly, terms of 1-2 months increase to 1.9%/year, 3-5 months to 2.2%/year, 6-11 months to 3.2%/year and terms of 24-36 months or more. again the 5%/year mark.

Deposit interest rates increased slightly in the context of negative credit growth since March. According to experts, deposit interest rates have dropped to a low level, with little room for further reduction and will likely increase again. again at the end of the year when banks need more mobilized capital to meet the sharp increase in credit demand during the peak season in the fourth quarter.

– If electronic invoice fraud is suspected, the Tax Department will immediately send a notification to the taxpayer

The Tax Department deploys an application to automatically send notifications to taxpayers who are sellers on the Warning List for using electronic invoices; At the same time, send notifications to buyers of sellers receiving this warning.

To continue to make tax management processes transparent, increase the electronicization of review measures, and manage risks in the use of electronic invoices through analyzing and synthesizing purchase/sale data. on the invoice, thereby alerting the list of taxpayers subject to review. The General Department of Taxation has researched, developed and deployed an upgrade to the warning function for using electronic invoices on the Electricity Invoice Management application. from version 3.1.0.

According to the General Department of Taxation, this function applies to taxpayers who are organizations, businesses, business households, and individual businesses that have registered to use electronic invoices.

Accordingly, from April 15, 2024, the Application will automatically send daily notifications to taxpayers who are sellers on the Warning List for using electronic invoices and have generated electronic invoices on the warning date. newspaper.

It is expected that from May 15, 2024, the Application will automatically send daily notifications to taxpayers who are buyers on electronic invoices arising on the day of the seller receiving the warning.

– Vinamilk General Meeting of Shareholders: Spent more than 80,000 billion VND to pay dividends

Vinamilk is one of the companies that pays regular high dividends on the stock exchange. In 2024, the expected dividend is 38.5% cash.

On the afternoon of April 25, Vietnam Dairy Products Joint Stock Company (Vinamilk, stock code VNM) held the 2024 Annual General Meeting of Shareholders in an online format.

This year, Vinamilk plans total revenue of 63,163 billion VND, profit after tax of 9,376 billion VND; an increase of 4.4% and 4% respectively compared to implementation in 2023. If completed, this will be a record high revenue level for the leading enterprise in the dairy industry, surpassing the record of VND 61,012 billion set in 2021 .

In 2023, Vinamilk will record a slight increase in revenue compared to 2022, reaching VND 60,479 billion, completing more than 95% of the whole year plan. Profit after tax reached VND 9,019 billion, up 5% over the same period and exceeding the set target by 5%.

With the above results, Vinamilk’s Board of Directors proposes to pay dividends at the end of 2023 at a rate of 9.5% (shareholders owning 1 share receive 950 VND). The final registration list closing date and payment date will be decided by the Board of Directors but must not exceed 6 months from April 25. With 2.09 billion outstanding shares, the company will have to spend an additional 1,985 billion VND to pay dividends this time.

Previously, Vinamilk spent VND 6,061 billion in advance for 3 dividends in 2023 for shareholders with a total rate of 29%. Thus, the total dividend rate for 2023 will be 38.5%, with an amount of more than 8,000 billion VND, equivalent to 91% of the consolidated after-tax profit allocated to the company’s owners.

Regarding the 2024 dividend plan, Vinamilk is expected to continue maintaining the ratio of 38.5% (1 share receives 3,850 VND).

Vinamilk is one of the companies that pays regular high dividends on the stock exchange. According to the announcement from the business at the congress, from 2006 until now, the company has spent more than 80,200 billion VND to pay dividends to shareholders.