Economic news before the transaction time (April 6): US stocks found new peaks, Hoa Phat received tax incentives of more than 1,200 billion VND

Today’s economic and financial news has outstanding news such as: the US pumps money like a waterfall: Vietnam benefits, many countries face difficulties; Hoa Phat enjoys tax incentives of more than VND 1,200 billion; US stocks rose sharply after a series of positive economic data.

Economic news before the transaction time (April 6): US stocks found new peaks, Hoa Phat received tax incentives of more than 1,200 billion VND

The world economy is recovering alarmingly uneven

Unlike the post-financial crisis period of 2008, the world economic recovery has been uneven this time, partly due to the projections of the COVID-19 vaccination process and the financial support between countries.

While the US economy is recovering, France, Germany, Italy, the United Kingdom and Japan all recorded negative growth; In emerging markets, Brazil, Russia and India are all lagging behind China.

The US pumps money like a waterfall: Vietnam benefits, many countries face difficulties

According to statistics of the U.S. Population Department, the two-way trade turnover of Vietnam – THE US in 2020 reached 89.6 billion USD, an increase of 15.6% compared to 2019. Vietnam is also in the top 10 largest commercial customers of the US, standing above many large countries such as India, France, Brazil …  In particular, Vietnam exported nearly 70 billion USD, up 25.5% over the previous year.

Meanwhile, the world’s poorest countries are unlikely to be able to vaccinate the majority of their population for months or even years. This will make tourism – the industry that created jobs and fueled many economies in recent years – unable to recover.

$2 trillion investment package: If republicans don’t help, Mr Biden doesn’t need it

In an interview on April 4, US Energy Secretary Jennifer Granholm said President Joe Biden wanted his $ 2,000 billion investment plan to receive the backing of the Republican Party.

However, Ms. Granholm said that if the above wishes fail, the White House boss is more likely to use the budget adjustment process for the Democrats to approve the new proposal in the Senate.

Economic news before the transaction time (April 6): US stocks found new peaks, Hoa Phat received tax incentives of more than 1,200 billion VND

Hoa Phat enjoys tax incentives of more than 1,200 billion VND

Subsidiaries of the Group are eligible for tax incentives of VND 1,217 billion, which is the largest tax adjustment in the 2020 accounting period. In addition, subsidiaries with a turnover of less than VND 200 billion are allowed to reduce the amount of CIT payable by 30% as prescribed in Resolution No. 116 of 2020 of the National Assembly, the reduced tax amount is VND 8.4 billion.

After adjusting a number of other small items, the actual corporate income tax amount payable by Hoa Phat is 1,851 billion VND, an increase of nearly 22% compared to the previous year.

Nam Kim plans to issue millions of shares to pay dividends and bonus ESOP

Nam Kim’s Board of Directors proposed to shareholders’ meeting to approve a share bonus plan at the rate of 13%, capital from share surplus. Nam Kim currently has 182 million outstanding shares and will therefore need to issue 23.66 million new NKG shares.

In 2021, Nam Kim sets a target of 16 trillion dong in revenue and 600 billion dong in profit after tax; growth of 38% and 103% respectively compared to the previous year. Production is expected to reach 900,000 tons, up 28%. Dividend up to 10%, can be in cash or in stock.

Viettel Post estimated first quarter profit reached 134 billion

Viettel Post Corporation (Viettel Post – Code: VTP) has just announced business results in the first quarter with total revenue estimated at 5,060 billion VND, exceeding 11.3% of the quarter’s plan and completing 23.6% of the year plan. . Profit before tax reached 134 billion, exceeding 6.6% of the quarter’s plan and achieved 21.6% of the plan in 2021.

Compared to the same period last year, Viettel Post’s revenue and pre-tax profit increased by 77% and nearly 11%, respectively.

Requesting Bamboo Airways to sell tickets in the correct slot, correct reasons for delay, cancellation

According to the Government Newspaper, the Civil Aviation Administration of Vietnam (under the Ministry of Transport) has just sent a document No. 1364 to Bamboo Airways requesting this airline to strictly open tickets in accordance with the slot (number of takeoffs and landings) has been confirmed.

The Department of Aviation has checked and supervised the sale of airlines and discovered that Bamboo Airways had a phenomenon of opening the sale of the wrong slot.

Economic news before the transaction time (April 6): US stocks found new peaks, Hoa Phat received tax incentives of more than 1,200 billion VND

US stocks rose sharply after a series of positive economic data

The Dow Jones industrial average rose 374 points, or 1.13%, to close at a new record 33,527 points. The S&P 500 also rose 1.4 percent to a new peak of 4,078 points. The tech-oriented Nasdaq Composite Index added 1.7% to close at 13,706 points.

Last Friday (April 2), the US stock market did not trade because of a holiday. Also on April 2, the US Department of Labor said the economy created 916,000 more jobs in March, significantly higher than the forecast of 675,000 economists surveyed by Dow Jones. Unemployment rate fell from 6.2% in February to 6%.

Gold price today April 6: Up slightly again

In the morning session on April 6, the spot gold price increased by 0.05% to 1,729.4 USD / ounce at 6:40 am (Vietnam time), according to kitco. Gold price delivered in June also increased 0.07% to 1,729.95 USD / ounce.

Gold prices fell in thin trading on Monday (April 5) as strong U.S. jobs data raised hopes of a rapid economic recovery and boosted global stock markets, thereby reducing the attractiveness of gold prices.

Source: vietnambiz.vn – Translated by fintel.vn

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