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The Perplexing Problem of Collateral: Banks Stumble Over Identifying Homes as Mortgage Collateral

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Mortgage lenders are often perplexed by single-family homes with valid construction permits that are not reflected in the property's official land records.

The Great Fuel Price Surge

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After two consecutive drops, fuel prices rebounded on November 28th. Specifically, E5RON92 gasoline increased by VND 497 per liter, while RON95-III rose by VND 329 per liter. Similarly, various types of oil also witnessed hikes ranging from VND 111 to VND 268 per liter compared to the current base prices.

NCB Achieves Its Goal of Doubling Its Charter Capital to Nearly VND 11,800 Billion

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National Citizen Bank (NCB) has announced the resolution of its Board of Directors, approving the results of a private placement of shares to boost its charter capital.