• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

VietNam Breaking News

Update latest news from Vietnam

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story

Execs sell shares

Another exec out amid sex harassment tension at Google

November 1, 2018 by e.vnexpress.net

Word that Rich DeVaul, a director at X lab devoted to “moonshots” such as internet service from balloons, was out came with reports that women employees were organizing a walk-out on Thursday to protest lenient handling of sexual misconduct in the workplace.

Alphabet declined to give details about DeVaul’s departure from the company on Tuesday.

A Google Walkout For Real Change account that sprang to life on Twitter late Wednesday said that employees and contractors would leave their workplaces late Thursday morning in respective time zones.

Demands posted in the tweet included improved processes for reporting sexual misconduct and resolving cases of harassment, as well as a commitment by Google to pay and opportunity equity.

Google chief executive Sundar Pichai sent a message to employees late Tuesday, a copy of which was posted online by technology news website Ars Technica.

Pichai said he has heard from many employees on the subject of inappropriate behavior at work and was “deeply sorry for the past actions and the pain they have caused employees.”

“As CEO, it’s been personally important to me that we take a much harder line on inappropriate behavior,” Pichai said in the message.

He said again that Google had fired 48 employees in the past two years — including 13 senior executives — as a result of sexual harassment allegations.

Pichai has met with Google employees about the issue since The New York Times reported last week that a senior Google employee, Android creator Andy Rubin, received an exit package worth $90 million as he faced allegations of misconduct, and that Google had covered up other claims of sexual harassment.

Sam Singer, a spokesman for Rubin, rejected the allegations against him in a statement to AFP , saying Rubin left Google of his own accord to launch venture capital firm and technology incubator Playground.

Asked by AFP and other media for its reaction, Google released an email sent to employees from Pichai stating that none of the people who resigned or were terminated due to sexual harassment concerns in the past two years received “an exit package.”

“We are dead serious about making sure we provide a safe and inclusive workplace,” Pichai said in the email shared last week. “We want to assure you that we review every single complaint about sexual harassment or inappropriate conduct, we investigate and we take action.”

Concerns being expressed by women at Alphabet have added to the growing chorus of voices denouncing the existence of a sexist culture in male-dominated Silicon Valley, which has knocked a number of internet industry executives at other tech giants from their perches.

Accusations concerning the lack of women in tech jobs and unfair or crude treatment endured by some in the industry have simmered for years, occasionally boiling over.

Filed Under: english, world Google, sexual harassment, Alphabet, Google Walkout, tech giants, Another exec out amid sex harassment tension at Google - VnExpress International, qatar pledges support for somalia amid uae tensions, harassment google translate, harassment google, harassment google new york times, harassment at google, tension google translate, german manufacturing plummets 4 in june amid trade tensions, kuwait expels philippine envoy amid tensions over domestic workers, top madigan aide resigns amid harassment accusations, xi jinping to outline economic reforms amid trade tension, israel airstrikes gaza rockets amid tensions over jerusalem, hbcus seeing resurgent appeal amid rising racial tensions

Asian shares stuck in holiday lull, bitcoin powers higher

February 12, 2021 by tuoitrenews.vn

TOKYO/NEW YORK — Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show restraint after a global stock market rally pushed many bourses to dizzying heights.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.03%, trading just shy of an all-time high reached in the previous session.

Australian stocks lost 0.31%. Shares in Tokyo fell 0.32%, pulling back from 30-year highs.

Futures for the S&P 500 were off 0.12%.

Markets in Greater China and most of Southeast Asia are closed on Friday for the Lunar New Year holiday.

China’s stock and bond markets, foreign exchange and commodity futures markets are closed through Feb. 17 for the holiday.

Bitcoin surged yet again to a new record high after BNY Mellon said it will offer custodian services for cryptocurrencies.

The dollar headed for a weekly loss, stung by bitcoin’s assent and disappointing U.S. economic data.

Trading in the United States and Europe on Thursday did not move prices enough to provide much direction, said Tom Piotrowski, a market analyst at CommSec in Sydney.

“We didn’t get much of a lead-in from the northern hemisphere,” Piotrowski said.

“Markets are in a bit of a holding pattern waiting for the next catalyst and it is just a question of whether that catalyst is going to be a positive one or a negative one.”

World stock markets were holding close to record highs on Thursday as investors weighed some tepid economic data against increasing vaccinations against COVID-19 and the prospect that more government spending and continued cheap money from central banks will drive higher growth and, eventually, inflation.

The MSCI world equity index, which tracks shares in 49 countries, fell 0.12% on Friday, also pulling back from a record high.

On Wall Street, the Nasdaq and S&P 500 eked out gains of 0.4% and 0.2%, respectively, while the Dow Jones Industrial Average slipped 0.02%.

Prices held near records as investors bet on more government spending, although enthusiasm was tempered when U.S. President Joe Biden said that China was poised to “eat our lunch,” raising fears of renewed strain on Sino-U.S. ties.

U.S. weekly unemployment claims fell less than expected and core consumer prices rose at a slower pace, which caused some traders to temper the optimism about the economic outlook.

Cryptocurrency bitcoin [BTC=BTSP] reached a record high of $49,000 before paring gains to trade up 0.57% at $48,282.

BNY Mellon said it will form a new unit to help clients hold, transfer and issue digital assets.

That came just days after Elon Musk’s Tesla revealed it had bought $1.5 billion worth of the cryptocurrency and would soon accept it as a form of payment for its cars.

Spot gold fell 0.22% to $1,821.86 per ounce. U.S. gold futures fell 0.19% to $1,823.30.

Gold prices are still on track for their best week in three amid broad dollar selling.[GOL/]

The dollar index drifted 0.02% lower on Friday, on course for a 0.6% weekly decline. [FRX/]

Soft demand at an auction of $27 billion of new 30-year Treasuries on Thursday continued to weigh on prices in Asia on Friday.

The yield on 10-year U.S. Treasuries rose to 1.1632%, while the 30-year yield edged up to 1.9468%.

Brent crude fell 0.69% to $60.72 a barrel, having dropped half a percent the previous session. U.S. oil fell 0.81% to $57.77 a barrel, after falling by 0.8% on Thursday.

OPEC cut its demand forecast and the International Energy Agency said the market was still oversupplied, which cast a gloom over energy markets.

Filed Under: Uncategorized Vietnam Life - Asian shares stuck in holiday lull, bitcoin powers higher, TTNTAG, stuck at 500 power destiny 2, higher power (2018), higher on power, holiday share market, atheist but believe in higher power, why is uob share price higher than dbs, asian p share price, zombie coin powering next-generation botnets with bitcoin, a higher power, higher power imdb, asian tour holidays, equinox key stuck in ignition no power

LG Electronics intends to sell off smartphone business to Vietnam’s Vingroup

January 21, 2021 by hanoitimes.vn

The Hanoitimes – Vingroup is one of the most potential buyers for LG Electronics’ smartphone business.

South Korea’s LG Electronics reportedly intends to sell off its smartphone business to Vietnam’s conglomerate Vingroup, according to South Korea’s media.

LG Electronics intends to sell off smartphone business to Vingroup. Photo: Vingroup

The South Korean brand is considering all options for its loss-making mobile division that could include closing or selling off its business, according to Reuters in Seoul. The brand would be focusing resources on premium home appliance and automotive electronics.

Possible buyers are Vietnamese conglomerate Vingroup, Facebook, Volkswagen and Google, and Vingroup is one of the strong acquisition candidates, according to NewDaily.

Vingroup, with a market capitalization of US$16.5 billion as of the end of 2020, accounts for 14% of the total market capitalization of Vietnamese listed companies. The group is operating in diverse business areas, including hotels and tourism, real estate, distribution, construction, automobiles, and mobile phones.

VinSmart, Vingroup’s subsidiary, entered Vietnam’s smartphone market in 2018. It has been producing smartphones under an original design manufacturing (ODM) contract with LG Electronics. Although it hasn’t yet had a strong presence in the global smartphone market, in Vietnam, VinSmart’s smartphone outstripped Apple’s iPhone to reach the third place in terms of market share after Samsung and Oppo.

Newspim reported that LG Electronics’ sales network, research & development center, Brazil-based production plant attract VinSmart for its expansion. LG Electronics’ share in the North American smartphone market was 12.9% in 2020, according to Strategy Analytics.

Until now, Vingroup has no comment on this. However, the group also revealed it will export 5G-enabled smartphones to the US this year. Last September, its subsidiary VinSmart exported the first batch of smartphones to this market and planned to assemble nearly two million units for its partner in 2021.

Filed Under: Uncategorized LG Electronics, Vingroup, the smartphone market, lg electronics bt20n, lg electronics 32gk850f, lg electronics 55uk6300pue, lg electronics usa inc, lg electronics usa careers, lg electronics usa address, lg electronics us, lg electronics usa salary, lg electronics usa, inc englewood cliffs, nj 07632, lg electronics usa huntsville al 35824, lg electronics careers, best selling smartphone in germany

Market mixed on Tuesday morning, threatened by selling pressure

March 2, 2021 by bizhub.vn

Vietnam’s stock market ended mixed on Tuesday morning with the benchmark VN-Index increasing slightly at the end of the session.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 0.02% per cent to 1,186.35 points. The market breadth was neutral with 220 stocks climbing, while 208 stocks declined.

Nearly 460.6 million shares were traded on HoSE in the morning session, worth VND11.9 trillion.

During the morning session, the market faced strong selling pressure, resulting in losses of many big stocks. However, it recovered some of the losses at the end of the session.

The 30 large-cap tracker VN30-Index also posted a small gain of 0.06 per cent to 1,192.55 points. Twelve of 30 biggest stocks rose, while twelve slid.

Big stocks witnessing losses were Vingroup JSC (VIC), down 1.11 per cent, Vietnam Dairy Products JSC (VNM), down 0.47 per cent, JSC Bank For Investment And Development of Vietnam (BID), down 0.11 per cent and Vietnam National Petroleum Group (PLX), down 0.68 per cent.

On the Ha Noi Stock Exchange (HNX), the HNX-Index declined by 0.18 per cent to 251.92 points. The HNX30-Index also plunged 0.74 per cent to 372.49 points. VNS

Filed Under: Uncategorized VN-Index, HXN-Index, Vietnam's stock market, Vingroup, BIDV, Vinamilk, Markets, ..., the marketing mix, marketing mix strategy, marketing mix product, marketing mix promotion, 4ps marketing mix, marketing mix strategies, le marketing mix, marketing mix 7ps, online marketing mix, marketing mix for services, tuesday morning, tuesday mornings

Japanese giant ENEOS Corporation registers to buy 13 million shares of Petrolimex

February 10, 2021 by www.vir.com.vn

ENEOS Corporation registered to buy 13 million shares of Petrolimex, increasing the ENEOS’s already major shareholding

ENEOS – a Japanese leading energy group (formerly JXTG Nippon Oil & Energy) – has recently registered to buy 13 million treasury shares of Petrolimex.

The move aims to lift its ownership at Petrolimex, strengthen its foothold in the burgeoning Vietnamese market, and capitalise on the country’s potential.

Before the transaction, ENEOS Corporation did not own any Petrolimex shares but it is linked with JX Nippon Oil & Energy Vietnam, a major shareholder that owns more than 103.5 million, accounting for approximately 8.73 per cent of Petrolimex.

In addition, Toshiya Nakahara, a member of Petrolimex’s Board of Management, is also part of the key personnel at ENEOS Corporation.

Previously, JXTG has formally changed its name to ENEOS as part of a corporate restructuring to address the oil industry’s imminent shift to a low-carbon society. Its core unit, refinery and gas station operator JXTG Nippon Oil & Energy, was renamed to ENEOS Corporation.

Petrolimex (HSX: PLX) previously notified the Ho Chi Minh City Stock Exchange that it will sell 13 million treasury shares or 1.1 per cent of the outstanding shares between August 27 and September 25.

In general, experts still believe Petrolimex 12-month target stock price would benefit thanks to growth in retail energy demand, expansion of more profitable directly-owned gas stations, and greater use of convenience stores to boost revenue from the gas station network.

By Nhat Minh

Filed Under: Uncategorized Petrolimex, oil and gas, HSX, ENEOS, stocks, Coverage, buy nzx 50 shares, why is buy back of shares, corporation register for tax, why nri cannot buy hdfc bank shares, registers buy, japanese giant hornet queen, japanese giant hornets, japanese giant bee, japanese giant monster movies, japanese giant hornet for sale, pure chilli extract 13 million scoville, buy arm holdings shares

Shares gain but investors remain cautious

February 23, 2021 by bizhub.vn

Customers perform transactions at a branch of VPBank (VPB) in Ha Noi. Shares of VPBank (VPB) rose 0.9 per cent on Monday. — Photo courtesy of VPB

Shares made gains on Monday but investors remained cautious on decreased liquidity and the return of foreign net-selling.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.13 per cent to end the session at 1,175.04 points.

More than 630 million shares were traded on the southern bourse, worth VND15.3 trillion (US$663.5 million).

Market breadth was negative with 199 gainers and 231 losers.

“VN-Index continues to retest the short-term resistance at 1,180 points. Liquidity decreased slightly, market amplitude narrowed and market breadth was negative, indicating cautious trading sentiment among investors,” said BIDV Securities Co.

“Foreigners turned back to be net sellers on the HSX and net buyers on the HNX. The VN-Index is likely to move in the 1,160-1,200 point range this week,” the firm said.

Foreign investors net sold VND613.42 billion on HOSE, including dairy firm Vinamilk (VNM) (VND178.2 billion), steelmaker Hoa Phat Group (HPG) (VND110.1 billion), and SSI Securities Incorporation (SSI) (VND42.5 billion). They were net buyers on the HNX to the tune of VND11.0 billion.

Towards the end of the session, the VN-Index’s gain was significantly reduced as banking stocks such as Techcombank (TCB), Military Bank (MBB), Vietinbank (CTG) and Sacombank (STB) extended their losses.

Among them, Sacombank (STB) decreased by 0.5 per cent to VND18,600 per share and Techcombank (TCB) lost 0.3 per cent to VND38,600 per share.

Securities stocks also reported losses such as SSI Securities Inc (SSI) decreased 0.9 per cent, VNDirect (VND) down by 0.9 per cent and Viet Capital Inc (VCI) declined 1.4 per cent.

A number of other blue-chips also performed poorly such as Phu Nhuan Jewelry (PNJ), Sai Gon-Ha Noi Bank (SHB), Vincom Retail (VRE), Sabeco (SAB) and Petro Vietnam Gas JSC (GAS).

But some still attracted cash flow and supported the indices such as Kido Group (KDC), Vinhomes (VHM), Vingroup (VIC) and VPBank (VPB).

The large-cap tracker VN30-Index was unchanged at 1,180.55 points.

Twenty of the 30 large-cap stocks in the VN30 basket decreased while eight made gains.

On the Ha Noi Stock Exchange, the HNX-Index rose 2.94 per cent to end Monday at 237.97 points.

Nearly 107 million shares were traded on the northern market, worth VND1.8 trillion. — VNS

Filed Under: Uncategorized Ha Noi Stock Exchange, the HNX-Index, VN-Index, Ho Chi Minh Stock Exchange, HOSE, Markets, Ho Chi Minh..., share investor admf, shares long term capital gain, top gain share today nse, barefoot investor how to buy shares, barefoot investor what shares to buy, investor will gain, barefoot investor where to buy shares, getswift shares remain suspended, where investors and government share interest crossword, most gaining shares today, how to calculate capital gains tax on shares, market share gain

Primary Sidebar

RSS Recent Stories

  • Transport sector’s working hard on digital transformation
  • Kiên Giang keen to become sea-based economic powerhouse by 2025
  • HCM City to focus on AI in aim to become ‘smart city’ by 2030
  • Digital strategies to the fore as e-commerce assumes increasing importance: experts
  • Mộc Châu Milk target highest ever profit and revenue
  • Char coal stoves must be eliminated

Sponsored Links

  • Gasly: I’m ready to be AlphaTauri F1 team leader in 2021
  • AlphaTauri needs error-free 2021 F1 season – Tost
  • Red Bull announces launch date for RB16B
  • Netflix reveals release date for season 3 of Drive to Survive
  • Albert Park F1 layout changes explained
Copyright © 2021 VietNam Breaking News. Power by Wordpress.