Fdi stock vs flow

Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems.  Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest.  Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014.  The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders

Despite the sell-off pressure, steelmaker HPG ended up and reported an impressive matching volume of some 33 million shares, while consumer goods producer MSN, jewelry firm PNJ and mobile phone retailer MWG made strong gains, saving the main index from a deep fall. … [Read more...] about Sell-off sends main index down

Hanoi (VNA) - The Viettel Posts Joint Stock Corporation (Viettel Post) has opened an automatic logistics centre at District No.12, Ho Chi Minh City. The event marked a new development of Viettel Post in shifting from a post and delivery corporation to a logistics one, in an effort to become a leading technology-based logistics enterprise in Vietnam by 2025, the Quan doi Nhan dan (People’s Army) newspaper reported. Addressing the event, Director of Viettel Post Tran Trung Hung informed that in Vietnam, foreign logistics enterprises are currently controlling 80 percent of the market share. He suggested that domestic logistics companies should invest more in modern technology so as to enhance its competitiveness at home and in the international arena. He stressed, the establishment of the most modern logistics centre of Viettel Post in the South of the country aims not only to expand Viettel Post’s business in the South but also to contribute to building national logistics … [Read more...] about Viettel Post opens automatic logistics centre in HCM City

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further