Hcmc apartment prices up 15 pct vnexpress international

The market’s forward price-to-earning (P/E) ratio has declined from 14.1 to 10.9 since April, tracking the 23 percent drop by the benchmark VN-Index. The fund’s founder, Petri Deryng, said the crash came as "a complete surprise" as there was news of robust earnings growth and valuations were modest. Vietnam’s valuations are now irrational with a forward P/E ratio of 10.9 though Q1 earnings growth was 31 percent and the forecast for the full year is 19-29 percent, he said. Vietnam’s five-year historical rolling P/E has been 16.5, and even topped 20 during periods of strong earnings growth, he pointed out. "The outlook of the global stock markets cannot be ignored when assessing the possible timing of the bull runs of the Vietnamese market, but at these valuations Vietnam offers a stable economy and extremely cheap stocks," he said in a note published Thursday. Vietnam’s stock market was affected by the conflict in Ukraine and the fall of the Nasdaq, but the crash was mainly … [Read more...] about Vietnam stocks ‘extremely cheap’: Finnish fund

While there are many young workers in cities who are working hard to own a house, there are also some people who have decided to give up this dream for certain reasons. Giving up a mental burden Huynh Anh Tuan, a city dweller of Phu Huu District in Thu Duc City, Ho Chi Minh City, who suffered from a sharp drop in income during the COVID -19 pandemic, decided not to pursue his dream of owning a home. When he gave up on the plan, he felt relaxed after the great pressure was gone. Tuan set a goal many years ago to own his own home before he turned 30. To that end, Tuan took on many freelance jobs after graduating from college and invested a small amount in stocks. In addition, an acquaintance promised to lend him VND500 million ($21,650) if he bought a house, which fueled his strategy over time, at least before the pandemic. Although he had such an ambitious plan, now, at the age of 28, Huynh Anh Tuan is changing his mind because of COVID -19. As a freelancer, Tuan has … [Read more...] about “To buy or not to buy a house” an important question

The festival is organized by the Hanoi municipal Investment, Trade, and Tourism Promotion Center, as part of the activities in response to Vietnam’s hosting of SEA Games 31. The event aims to popularize Hanoi capital as a safe, friendly, quality, and attractive destination and values of Vietnam’s cuisine and handicraft villages to both domestic and international visitors. Through varied activities, the festival is expected the help tourists learn more about Hanoi’s handicraft villages, including Bat Trang Ceramic Village, Van Phuc Silk Village, Phu Vinh Bamboo and Rattan Village, Quat Dong Embroidery Craft Village, and Chuon Ngo Mosaic Village, among others. Products showcased at the event have been beautifully designed and carefully made by the hands of artisans from various outstanding handicraft villages in Hanoi. During the event, various special dishes, including Thanh Tri steamed rice rolls, Uoc Le pork paste, bun cha (rice noodles with grilled pork), spring rolls, steamed … [Read more...] about Hanoi Cuisine and Craft Village Tourism Festival kicked off