"Despite monetary and financial stimulus, we expect volatility of equities to remain elevated as long as the duration and impact of Covid-19 remain unknown, oil prices stay depressed and earnings visibility is murky," analysts for US Bank Wealth Management wrote. BBC … [Read more...] about Coronavirus: Stock markets suffer worst quarter since 1987
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Kuwahara said Việt Nam’s Competition Law states that motorcycle manufacturers cannot fix prices for distributors, trading companies and sales companies. Honda Vietnam and its agents – as well as Honda Ending Authorised Dealers (Head) – are independent legal entities involved in a partnership. The company has asked its authorised dealers not to sell motorcycles at inflated prices, but it has no right to force them to apply its pricing, he said. … [Read more...] about Rising motorcycle market revving up
When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
According to market research company Nielsen’s latest survey, in Hanoi, Ho Chi Minh City, and the central city of Danang, over 50 per cent of consumers go to supermarkets and convenience stores less to directly purchase goods.Moreover, 60 per cent of consumers have also been going to wet markets less frequently, with all of them turning towards e-commerce as a viable alternative. … [Read more...] about Retailers implement creative quick fixes to drum up custom
A Sacombank office in Tây Hồ District, Hà Nội. The bank shares surged 7.0 per cent on Wednesday to lift the benchmark VN-Index up 2.69 per cent. - Photo baodauthau.vn … [Read more...] about VN stocks pick up after officials’ reassurances