According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months
Citigroup 3 month treasury bill index morningstar
Vietnam – one of fastest growing economies: WB
Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB
Early peach blossoms on Hanoi streets
On the first day of the 12th lunar month, peach blossoms sold very well as people bought them to serve their worship. … [Read more...] about Early peach blossoms on Hanoi streets
Tien Giang approves two wind power plant projects
Regarding the Tan Phu Dong 2 plant, its turbines will be built in Tan Thanh Commune, Go Cong Dong District, with a total area of approximately 10.25 hectares and total investment of over VND2.24 trillion. The 50-MW plant is projected to supply some 153 million kWh of electricity per year. … [Read more...] about Tien Giang approves two wind power plant projects
Car sales in Việt Nam plunge 8% in 2020
HÀ NỘI — Car sales in Việt Nam in 2020 dropped 8 per cent year-on-year to 283,983 units across all segments despite a strong increase seen in the fourth quarter, the latest data released by the Vietnam Automobile Manufacturers Association (VAMA) showed. … [Read more...] about Car sales in Việt Nam plunge 8% in 2020
