There are three things to look out for while seeking an M&A deal: partners, strategies, and business structure. People should not only look at the projects but also at the partners who will go with them in the future, and then options to restructure the projects. … [Read more...] about Seizmic shifts in Vietnamese real estate market
The close-run nature of the US election means that Biden cannot afford to undermine many of Trump’s most impactful messaging, much of which was focused on tackling the aggressive ascendancy of China in both economic and military terms. Though Biden’s style may differ, most expect that on certain hot-button issues his velvet glove will conceal an iron fist, as the saying goes. He will, however, be picking his battles very carefully as the Western world stares into the economic abyss engendered by COVID. … [Read more...] about Will Biden be a boost for Viet Nam?
Saigon Jewelry Company bought gold at VND53.95 million per tael and sold at VND54.52 million per tael, down VND1.05 million per tael in buying rate and VND950,000 per tael in selling rate, at 4 p.m. in Ho Chi Minh City. At the same time in Hanoi, Bao Tin - Minh Chau Company traded SJC gold at VND54.25 million per tael for buying and VND54.75 million per tael for selling, down VND850,000 in buying rate and VND750,000 in selling rate. In related news, Vietnam’s stock market sometimes exceeded 1,000 points in the trading session on November 25. However, large-cap stocks unexpectedly dropped, such as VHM fell 0.4 percent; FPT decreased by 0.7 percent; TCB dropped 0.2 percent, dragging the index down from this mark at the end of the trading session. At the end of the session, the VN-Index rose 4.18 points, 0.42 percent, to close at 999.94 points. Of the index members, there were 205 gainers, 221 losers, and 71 unchanged stocks. Closing the trading session on the trading … [Read more...] about Gold loses VND1.05 million per tael further
Results this session had contradicted predictions of many securities firms including Yuanta Vietnam Securities, which said that after long periods of recovery, there was little room left for the VN-Index to close above 1,000 points, and that it would correct itself towards 980 points in the near future. … [Read more...] about VN-Index crosses 1,000-point threshold after long year
With 203 gainers and 216 losers, the main index added 6.03 points, or 0.6% from the session earlier. Trade volume rose 4% to over 494.5 million shares, while the value dropped by 6% against the day earlier at VND10.3 trillion. There were over 82 million shares worth VND1.9 trillion traded in block deals. … [Read more...] about Main index closes above 1,000 points