Consumer goods etf

Another consumer shift that Nielsen predicts will reshape FMCG markets is the evolving routines of consumers at home. ‘Do-it-yourself’ (DIY) behaviors and demand for in-home branded experiences have persisted even beyond living restrictions and store re-openings in many Southeast Asian markets.  … [Read more...] about Predicted consumer resets to shape Vietnam FMCG market: Nielsen

Hanoi (VNS/VNA) - The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million. The issuance helped boost the value of certificates listed on the Ho Chi Minh Stock Exchange to 1.483 trillion VND (63.9 million USD) from 1.48 trillion VND. As of September 6, the net asset value (NAV) of the fund was 1.9 trillion VND, equal to 12,884.58 VND (0.56 USD) per certificate. The fund debuted on HoSE on May 12 at 11,693.36 VND per certificate with charter capital of 102 billion VND. The fund has recently become a target for foreign investors, especially Taiwan-based investment fund CTBC Vietnam Equity Fund. The Taiwanese fund will buy 21 million certificates of VFMVN Diamond between September 7 and October 6. The Taiwanese fund in late August reported it had raised 160 million USD to invest in the Vietnamese equity market, targeting high-potential listed companies … [Read more...] about Local ETFs draw foreign attention

For instance, Techcombank reaffirmed its prime focus on real estate and personal lending, in which home loan accounts for 44 per cent of the retail debt structure. Techcombank only focuses on groups with high incomes and good repayment ability. For instance, Sun Group and Vingroup made up for a total 70 per cent market share, thus, the bank has chosen them as major customers in the resort segment. … [Read more...] about Banks bet on consumer credit growth

The Taiwanese fund in late August reported it had raised $160 million to invest in the Vietnamese equity market, targeting high-potential listed companies on the Ho Chi Minh and Ha Noi stock exchanges. In addition, part of the funding would flow into VFMVN Diamond ETF, which allows foreign investors to buy the stocks that have run out of foreign ownership limit (FOL) in the VN-Diamond Index on HoSE. … [Read more...] about Local ETFs draw foreign attention

Electronic product and component sector saw the high growth rate of 18 percent thanks to stable consumer market while chemical-rubber-plastics rose by 9 percent and the food, beverage processing sector hiked by 1.5 percent whereas the mechanical sector was down 10.5 percent because their foreign partners have been affected by Covid-19, so they stopped orders. … [Read more...] about City’s economy may grow faster in fourth quarter: Chairman