• 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

Hoa phat noi that

Will market continue its downward trend this week?

April 18, 2021 by bizhub.vn

Novaland Investment Group’s head office in Nguyen Du Street, District 1, Ho Chi Minh City. — Photo vinhomecitys.com

The market ended lower last week as many large-cap stocks faced selling pressure after the VN-Index hit a new high of over 1,255 points. Some analysts from securities firms expected that the market’s bullish trend will continue this week, while others were more cautious and see a downward trend dominating the market.

The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell 8.54 points, or 0.68 per cent, in Friday’s trade to 1,238.71 points. The index hit a record high of 1,255.87 points on Wednesday.

For the week, the index still rose slightly by 0.57 per cent, while foreign investors net sold a value of over VND2.4 trillion.

Analyst from Saigon – Hanoi Securities JSC (SHS) said that the third straight weekly gain of the market and a new record in liquidity showed investors’ big interest during this period. However, based on Elliott Wave Theory, the index was likely at the end of wave 5 last week and is about to turn to corrective waves with a closest target being around 1,135 points.

Therefore, a downward trend might influence the market this week, SHS added.

The index struggled and strongly fluctuated around 1,250 points, but failed to break through the level in the last session. The market breadth, besides some blue-chip stocks in real estate sectors and steel stocks, was negative last week.

Tran Xuan Bach, a senior stock analyst from Bao Viet Securities Company, also expected that the market might continue to be weighed by selling pressure this week.

“The VN-Index still receives support from the zone of 1,225 – 1,232 points in some early sessions this week,” Bach wrote in a daily report to customers.

“The market is likely to be influenced by some large-cap stocks, as well as a strong division of stock groups during this period.”

Meanwhile, analysts from Viet Dragon Securities Corporation (VDSC) were more optimistic about the market as large cash inflows into the market in the last session limited the losses.

Sharing the positive view, MB Securities JSC (MBS) said that the last session’s steep fall has boosted cash flows into the market for bottom fishing, creating a notable recovery.

On the technical front, the upward trend, which has extended over the last two months, will continue with the support territory in the short-term being 1,220 points, MBS added.

The HNX-Index on the Ha Noi Stock Exchange (HNX) also declined 1.02 per cent on Friday to 293.11 points. For the week, the index fell 0.23 per cent.

Real estate stocks posted outstanding performance last week as it went against the market’s trend in most sessions. Followed by material stocks.

Of which, Vingroup JSC (VIC), Novaland Investment Group Corporation (NVL) and Hoa Phat Group (HPG) contributed the most to help the market cap losses. These stocks climbed 16.29 per cent, 4.73 per cent and 4.46 per cent, respectively.

On the contrary, top three stocks influencing the market’s trend were Vietnam Rubber Group JSC (GVR), JSC Bank For Investment and Development of Vietnam (BID) and Vietnam Dairy Products JSC (VNM).

In general, Viet Nam’s stock market was not so positive last week despite the benchmark increasing slightly as selling pressure spread to all sectors and foreign investors net sold a value in the trillions of dong. — VNS

Filed Under: Markets securities firms, VN-Index, HOSE, Ho Chi Minh Stock Exchange, HNX, Markets, securities..., euro bonds markets infrastructure and trends, why does afc curve slopes continuously downward, chart_with_downwards_trend, secular downward trend, how structured annuities are bucking a downward trend, graph downward trend, stock market 40 year trend, stock market 90 day trend, emerging markets e commerce trends, stock market 7 day trend, stock market 4 year trend, middle market m&a trends 2017

Vicostone eyes 20 per cent revenue growth in 2021

April 18, 2021 by bizhub.vn

Vicostone’s Annual General Shareholders’ Meeting 2021 took place in Ha Noi late last week. — Photo courtesy of the company

Vicostone Joint Stock Company, member of Phenikaa Group, is targeting 20.1 per cent and 15.1 per cent in net revenue and pre-tax profit respectively to nearly VND6.8 trillion (US$292 million) and VND1.9 trillion ($83 million) in 2021.

These figures were announced at the company’s Annual General Shareholders’ Meeting 2021 held in the capital late last week. The shareholders attending the meeting hold more than 143 million shares, representing 89.64 per cent of the total voting shares.

The company will focus on enhancing research and development activities to create new products, improving market competitiveness based on the advantage in science and technology while expanding production and better control expenses.

Top priority will also be given to connecting other members in the Phenikaa Ecosystem for added values and benefit and broadening the culture and values as well as balancing the interests among all stakeholders.

Vicostone earned VND5.66 trillion worth of total net revenue and VND1.67 trillion worth of pre-tax profit tax in 2020.

Last year, it sought further penetration in new markets in addition to existing ones such as North America, Europe and Asia. The exploration of new markets helped strengthen the presence of Vicostone in more than 50 markets across the world.

In 2020, Vicostone became the third largest engineered countertop supplier to the global market, according to the US research firm Freedonia, and that was a strong confirmation and recognition of VICOSTONE® in both domestic and international markets.

Thanks to the postive business performance, Vicostone planned to distribute a 40 per cent dividend for 2020, including cash and bonus shares, to fulfill its commitment to the shareholders. — VNS

Filed Under: Uncategorized Vicostone, Phenikaa Group, Corporate News, annual revenue growth, revenue growth percentage, growth in the eye, eye growth under eyelid

Vietnam reports three more imported Covid-19 patients on Sunday

April 18, 2021 by dtinews.vn

Three Vietnamese people who recently returned from abroad have tested positive for SARS-CoV-2, raising the total number of patients in the country to 2,784, the Ministry of Health reported on Sunday evening.



Illustrative photo


According to the ministry’s report, the newly-reported patients include two men and a woman aged between 23-51 who returned from Japan, Angola, and the US. They were sent to quarantine areas in Khanh Hoa, Hoa Binh, and Bac Ninh provinces upon arrival and are now being treated at local hospitals and healthcare centres.

With these new infection cases, the number of Covid-19 patients in Vietnam has increased to 2,784, including 910 locally-transmitted cases reported since the new outbreak started in Hai Duong on January 28.

As of 6 pm on April 18, a total of 2,475 Covid-19 patients had recovered and been discharged from hospital. There have been 35 deaths, most of them being the elderly with serious underlying diseases.

At present, over 40,000 people who had close contact with Covid-19 patients or returned from virus-hit areas are being monitored at hospitals, quarantine facilities, and at home.

Filed Under: Uncategorized Vietnam reports three more imported Covid-19 patients on Sunday, duty free import from vietnam to india, Mail on Sunday Reporters, vietnam imports and exports, vietnam imports and exports 2015, vietnam imports from india, vietnam exports and imports, vietnam importers directory, Vietnam Report, vietnam import policies tariffs and restrictions, imports from Vietnam, Vietnam Tobacco Import Export Company, why sustainability reporting is important

Three fresh imported cases of Covid-19 reported

April 18, 2021 by english.thesaigontimes.vn

Three fresh imported cases of Covid-19 reported

The Saigon Times

A local volunteer gets a shot of Covid-19 vaccine. Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19 – PHOTO: VNA

HCMC – Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19, raising Vietnam’s tally to 2,784 cases as of this evening, April 18, said the Ministry of Health.

Of them, a Saigonese flew home from the U.S. on April 6, arriving at Van Don International Airport in Bac Ninh Province. He is under medical treatment and quarantine at Hoa Binh Province General Hospital.

Besides this, a resident of Nghe An Province returned home from Angola through the Van Don airport on March 31. She is being treated at Bac Ninh Province General Hospital.

The remaining patient is a Hanoian. He arrived home from Japan through Cam Ranh International Airport on April 14 and is under treatment in the south-central province of Khanh Hoa.

Up to now, 2,475 coronavirus patients in the country have fully recovered, while 35 others had died of the disease.

Filed Under: Uncategorized SaiGon Times Daily, SaiGon Times tieng anh, thời báo kinh tế sài gòn, báo kinh tế việt nam bằng tiếng anh, tin kinh te, kinh te viet..., best case report journals, mueller report 14 cases, mueller report 3/24/19, importance of u report, happy fresh annual report, consumer reports iphone 7 cases, why fresh air is important, 19 case, increased u.s. imports of fresh fruit and vegetables, 19 rack mount cases, 19 rackmount case, 19 rack mount case

Defense Minister receives US Ambassador

April 18, 2021 by en.qdnd.vn

The ambassador bid farewell to the Vietnamese Ministry of National Defense before leaving the country.

During the reception, General Giang congratulated the US Ambassador on his achievements during his term in Vietnam, contributing to promoting the bilateral ties in general and bilateral defense cooperation in particular, in the framework of the Vietnam-US comprehensive partnership.

The Defense Minister also affirmed Vietnam’s consistent viewpoint of always considering the US one of its most important partners and hoped to develop comprehensive relations with the country on the basis of respecting the independence, sovereignty and political institutions of each other.

As Ambassador Kritenbrink has been promoted to US Assistant Secretary of State for East Asian and Pacific Affairs, General Giang expressed his belief that in his new position, Ambassador Kritenbrink will continue to achieve success and further focus on promoting relations between the two countries and militaries, especially in overcoming the consequences of war.

On this occasion, Ambassador Kritenbrink congratulated General Giang on his promotion to Defense Minister. Ambassador Kritenbrink also promised that in his new position, he would pay attention to promoting the relationship between the two countries and militaries.

At the meeting, General Giang and Ambassador Kritenbrink highly appreciated the results of the cooperation between the two countries in recent years on both bilateral, regional and international levels. The two sides acknowledged and hailed the implementation of the memorandum of understanding on promoting bilateral defense cooperation and the joint vision statement on defense relations.

Especially, both sides praised the outcomes of cooperation between Vietnam and the US in overcoming war consequences, thereby effectively building trust between the two countries.

The successes of the two sides’ cooperation projects, such as the already-finished Environmental Remediation of Dioxin Contamination at Da Nang Airport Project, as well as the ongoing Bien Hoa airport dioxin cleanup project and continual MIA missions have contributed to strengthening friendship and creating favorable conditions for the two sides to boost cooperation.

General Giang emphasized that Vietnam will prioritize the cooperation in overcoming war legacy in the coming time.

In addition, both sides agreed to continue cooperation activities according to the signed documents for mutual benefits of the two peoples.

Translated by Minh Anh

Filed Under: Uncategorized 9gag defense ministers, defense minister about, defense minister who is, where is defense minister, about defense minister, ufo canadian defense minister, lieberman israel defense minister, asean-china defense ministers informal meeting, defense minister of pakistan, parrikar as defense minister, lieberman defense minister, korea executes defense minister

Downpour, thunderstorm forecast across country, heatwaves continue

April 16, 2021 by sggpnews.org.vn

According to the National Center for Hydrology Meteorology Forecasting, both the Northern and North- Central regions including the capital city of Hanoi will be likely to experience tropical downpours later today with the average rainfalls of 80-150 mm and possible thunderstorm, lightning, whirlwinds.

From tonight, the northeastern region and Thanh Hoa Province will enjoy a cooler climate than previous days.

Meanwhile, medium-heavy rains and thunderstorms are predicted for many parts of the Southern region at nighttime as heatwaves are expected to continue.

The same weather condition is forecast to hit the Southern coastal provinces and cities from Da Nang to Binh Thuan from April 20-23.

Downpour, thunderstorm forecast across country, heatwaves continue ảnh 1
Amidst the dangerous weather warnings, the Standing Office of the Central Steering Committee for Natural Disaster Prevention and Control yesterday requested the Steering Committee for Natural Disaster Prevention and Control in the Northern and North- Central provinces to promptly plan against downpours with risk of flashflood.

Besides, the localities need to closely update weather-related forecast to timely respond to weather danger in mainland and at sea, minimize people and property damage caused by thunderstorms, lightning, downpours, flash flood and landslide, especially regularly provide natural disaster-related information to guide  boat owners and captains to proactively take their vessels to safer places.

By Van Phuc- Translated by Huyen Huong

Filed Under: Uncategorized Downpour, thunderstorm, heatwave, rainy season, medium-heavy rains, weather danger, Weather, medium-heavy..., thunderstorms forecast usa, thunderstorms forecast uk, thunderstorms forecast after two-month sydney dry spell, thunderstorms forecast europe, heatwave continues, heatwave continue, thunderstorm forecast uk, thunderstorm forecast europe, thunderstorm forecast greece, thunderstorm forecast map europe, thunderstorm forecast philippines, downpours after heatwave

Primary Sidebar

RSS Recent Stories

  • Hanoi-Amsterdam School ‘superman’ dreams of becoming astronomer
  • US hands over training facilities to Vietnam coast guard
  • Four Thu Duc City bridges unable to bridge the gap
  • 8th Vietnam Book Day kicks off in HCM City
  • US President nominates Marc Evans Knapper as ambassador to Vietnam
  • Vietnamese businesses look to further optimize opportunities from CPTPP

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.