Food price index

SJC gold brand at Bao Tin Minh Chau Jewelry and DOJI also increased by more than VND500,000 per tael, reaching around VND54.1 million per tael for buying and VND54.7 million for selling. — VNS … [Read more...] about VN-Index slumps on large divergence, gold soars

HoSE has never seen trading volume at this level before. Between 2018 and 2019, liquidity of an average trading day on the HoSE would range between VND3-4 trillion, and could go as low as VND2 trillion in January and February, around Lunar New Year, the quietest period on Vietnam’s equity markets. … [Read more...] about VN-Index rises in year’s busiest session

On the Hanoi Stock Exchange, the HNX-Index increased by 1.25%, or 1.86 points, against the previous session, to close the day at 150.8 points, with gainers outnumbering decliners by 95 to 63. There were 69.8 million shares worth over VND1 trillion traded on the northern bourse. … [Read more...] about VN-Index continues to fly high

New orders continued to rise but only fractionally as business was impacted by the stormy weather conditions and flooding, as well as the pandemic. The latter had a particular effect on new export orders, which decreased solidly. On the other hand, a number of respondents indicated that new orders had increased amid improving underlying demand. With new order growth slowing, firms worked through outstanding business, leading to a 10th successive reduction in backlogs of work. The latest fall was solid but softer than in October. … [Read more...] about Storms disrupt manufacturing in November

In 2015, the Group transformed its business model and completed the acquisition of the SDJ coal mine, commencing full operations the following year and achieving a revenue of US$182.1 million in 2016. In 2017, the Group acquired its second mine, TBR, near doubling its coal reserves and targeted annual production rate. The Group achieved a CAGR of 154% from 2015-2018 before coal prices became depressed in 2019 and 2020. Despite the difficult coal price environment, the Group managed a strong performance in 1H2020 by reducing its cost base in 2Q2020 by 29% from the average cost in 2019 and achieving record sales and production volumes of 5 million tonnes. Based on the annualised sales of 10 million tonnes, this is an implied 81% growth from 2016 when it commenced its first coal sales from the SDJ coal mine.The Group continues to be an upward trajectory for growth, targeting coal sales of 10-12 million tonnes in the coming years. … [Read more...] about Geo Energy Resources Limited Honored at the Asia Pacific Enterprise Awards 2020