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- Considering electricity price cuts and a special consumption tax cut on gasoline from 01/11/2026
On 27/10/2026, Deputy Prime Minister Nguyễn Văn Thắng chaired a meeting on gasoline and electricity price management scenarios, attended by the Ministries of Finance and Industry and Trade, the Government Office, and the CEO of EVN. The Deputy PM directed EVN to review and cut costs to propose a reduction in the average retail electricity price, applicable from 01/11/2026 to 31/03/2027, with the Ministry of Industry and Trade to provide its opinion. The Ministry of Finance was tasked with reviewing a proposal to cut the special consumption tax on all gasoline types to 0% over the same period, with a report to the competent authority due before 01/11/2026.
- Nvidia's web of AI bets: smart strategy or bubble risk?
Nvidia's $3 billion investment in Meta's share sale adds to a growing portfolio of stakes, loans and guarantees that some analysts say has made it the central bank of the AI boom. Its stakes include OpenAI, Anthropic, xAI, neocloud providers CoreWeave and Nebius, and partners in Europe and Asia. Nvidia committed to buy up to $6.3 billion of unused CoreWeave computing capacity and, according to US media, holds about $36 billion in cloud backstops and a guarantee of up to $105 billion linked to an OpenAI data center. MIT's Michael Cusumano says its huge profits leave few better options, while Gil Luria of D.A. Davidson calls the approach unprecedented but says it "appears to be working." Some doubters still ask whether the deals are inflating an AI bubble.
- Intel plunges on a major guidance miss. What went wrong — and how to proceed
Intel's third-quarter revenue rose 21% year over year to 16.513 billion USD, slightly above the LSEG consensus of 16.496 billion USD, while non-GAAP EPS more than doubled to 52 cents against an estimate of 40 cents. However, its guidance showed heavy dependence on the struggling PC market, and the shares fell sharply after hours. PC sales fell 5% year over year but still account for more than half of the CCPG + DCAI products group's revenue and about 43% of Intel Products' operating income. Surging memory prices and limited manufacturing capacity are pressuring the PC market; CEO Lip-Bu Tan said demand for 2027 is significant, while CFO David Zinsner estimated a 300 million USD impact in the fourth quarter, likely similar in the first quarter. The article says analysts will need to revise estimates downward for several quarters, the rating is under review, and the price target is cut to 100 USD.
- Interest rates on October 30 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank,...
A survey of online deposit rates at 35 banks as of 30/10/2026 shows wide gaps between banks and terms. Most banks list 4.75% per year for 3-month deposits, while GPBank is at 3.7% per year and SeABank at 3.95%. For 12-month terms, MBV, PGBank, Sacombank, VCBNeo and VIB each list 7% per year, and VPBank leads the 18-month term at 7.4% per year. Notably, longer terms do not always pay more: Techcombank falls from 6.25% per year at 12 months to 5.35% at 18 months, and VIB from 7% to 5.9%. The rates shown are published online rates for individual customers and may vary by deposit amount and method.
- VietCredit Posts Nearly VND 1,559 Billion in Pre-Tax Profit After Nine Months as Outstanding Loans Top VND 20,900 Billion
VietCredit (UPCoM: TIN) reported nine-month pre-tax profit of VND 1,558.6 billion, nearly double the VND 779.4 billion a year earlier, and after-tax profit of about VND 1,248.5 billion, up over 90%. Net interest income for the period reached about VND 5,186.5 billion, up nearly 160%, driven by loan growth as outstanding customer loans reached VND 20,928 billion, up more than 124% year on year. Total assets reached VND 26,219 billion, while nine-month credit risk provisions exceeded VND 2,144 billion and the overall non-performing loan ratio was about 6.75%. The article notes that newly issued loans, especially in fast-growing products, will need more time to be fully reflected in overdue and bad debt figures in coming periods.
- Alphabet Sheds $500 Billion in a Single Day Despite Cloud Growth of 103%
Alphabet shares (GOOG, GOOGL) fell over 13% after third-quarter results, their biggest drop since the company went public in 2004, wiping about $482 billion off market value, the second-largest one-day loss in U.S. history. Revenue rose 25% to $127.6 billion, with Google Cloud up 103% to $30.7 billion, while search revenue grew 12% to $63.4 billion, slower than the 17% growth in the second quarter. Net income fell 25% to $26.2 billion as $8.2 billion in other expenses weighed on results, and capital expenditures hit a record $51.4 billion, leaving negative free cash flow of $9.1 billion for a second straight quarter. The article argues AI is both driving growth and costing heavily, and that slowing search growth raises concerns that AI agents are eroding Google's search dominance.
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