Bank of america retail services

HCM City (VNS/VNA) - The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine. Forbes has announced the list of top 50 brands this year with total value rising by 22 percent to more than 12.6 billion USD. Military-run telecom giant Viettel tops the list with a brand value of over 2.9 billion USD, followed by Vinamilk, the country’s biggest dairy company, at more than 2.4 billion USD. Telecom giant VNPT is in third place at 509 million USD. The rest of the top 10 are brewer Sabeco, real estate corporation Vinhomes, telecom MobiFone, food group Masan Consumer, State-owned Vietcombank, IT giant FPT, and mall operator Vincom Retail. The ranking was classified by industry. Most of the companies have operating time of more than 10 years. The food and beverage and financial services industries continue to dominate … [Read more...] about Top 10 most valuable brands worth 8.1 billion USD

Although ROS of real estate developer FLC Faros led gains with 5 percent, the tickers that contributed the most to the VN-Index were GAS of energy giant PetroVietnam Gas, CTG of state-owned banking giant VietinBank, and VNM of diary giant Vinamilk, according to data from brokerage VNDIRECT. … [Read more...] about VN-Index gains narrow in fifth straight gaining session

"IPOs which had been planned before the pandemic are just waiting for the right moment to come back," said Tham Tuck Seng, capital markets partner at PwC in Singapore, cited from Reuters. "We've seen heightened interest from healthcare issuers to list as the sector has become more important," he said, also highlighting interest from consumer-tech firms. … [Read more...] about Southeast Asian companies to accelerate IPO plans

According to Simon Smith, Savills Asia-Pacific head of Research and Consultancy: “Industrial and logistics properties, especially warehousing, have been at the top of many investor lists for a while now. The sector taps into megatrends such as the growth of online retail and almost every market in the region is undersupplied with modern logistics space.” … [Read more...] about Industrial property proves most resilient to COVID-19

The total retail value of goods and services exceeded VND718.1 trillion during the first seven months of the year, an annual fall of 3.8% during the period, including accommodation and dining services recording drops of 45.1% and travelling falling by 74.9%. … [Read more...] about Industrial production in HCM City endures fall over seven-month period