On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index advanced for four sessions and declined once on Wednesday. The index ended the week at 1,194.2 points, up 2.3 per cent compared to the week before, marking the 11th straight week of growth since last year. … [Read more...] about After 11 weeks of gains, analysts cautious about market prospects
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Shares struggle on cautious sentiment
A number of blue-chips lost ground such as insurer Bảo Việt Holdings (BVH), steel maker Hoà Phát Group (HPG), Masan Group (MSN), Vingroup (VIC), Vinamilk (VNM), Vietnam National Petroleum Group (PLX), Vincom Retail (VRE), Phú Nhuận Jewelry (PNJ), Vinhomes (VHM) and Mobile World Group (MWG). … [Read more...] about Shares struggle on cautious sentiment
Petrolimex profit falls to five-year low
Under the double impact of the COVID-19 pandemic and the plunge in oil prices in 2020, Petrolimex failed to hit its profit target for the year and recorded the company’s lowest annual profit figure since 2015. … [Read more...] about Petrolimex profit falls to five-year low
German fund to buy 1 million shares of Taseco
The company also offers telecommunication retailing services, road passenger transport services, travel agency, tourism operations, and short-term lodging services, massage services, and foreign exchange services. It is also involved in retailing in general trading stores, and trading of souvenirs, alcohol, tobacco, and confectioneries, as well as in other supporting activities. … [Read more...] about German fund to buy 1 million shares of Taseco
U.S. not impose tariff or sanction on Vietnam’s exports
“Trade actions are an inappropriate means by which to address currency valuation questions,” he said in a statement, adding that the business community strongly encourages the United States to foster a closer strategic and commercial partnership with Vietnam as that country grows in importance as a commercial market. … [Read more...] about U.S. not impose tariff or sanction on Vietnam’s exports