1929 stock market

On the Hanoi Stock Exchange, the HNX-Index added 1.44%, or 3.2 points, to end at 225.47 points, with 138 stocks winning and 65 others losing. There were more than 174.5 million shares worth nearly VND2.78 trillion changing hands, up 40% in volume and 48.28% in value compared with the previous session. … [Read more...] about Increased liquidity helps VN-Index approach 1,200 points

State-owned banks recorded mixed results. Of Vietnam’s three biggest lenders by assets, CTG of VietinBank added 0.9 percent, BID of BIDV kept its opening price and VCB of Vietcombank shed 0.7 percent. MBB of mid-sized Military Bank climbed 1.3 percent. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

The country’s young start-up ecosystem now consists of some 3,000 companies, one-third of which are engaged in the technology sector, she said, adding that the Government is also working hard to create the best possible conditions for start-ups to grow and stretch their reach to the world. … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum

Edwardo Erni, Managing Director - China and North Asia of Kerry Logistics Network, said, "There is enormous potential and development prospects in the chemical logistics market. The completion and opening of the Cangzhou logistics centre will allow us to provide professional chemical supply chain consolidation services to our customers in the Beijing-Tianjin-Hebei Region. It will give support to our customers' national and regional framework and consistently optimise supply chain networks to raise the autonomy of the chemical industry supply chain." … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics

Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up