The VN-Index, which is a capitalization-weighted index of all the companies listed on the Ho Chi Minh City Stock Exchange (HOSE), closed at 945.89, down 4.84 percent for a total of 48.07 points from Wednesday. The VN30-Index, representing the 30 largest stocks in terms of capitalization, went down by 46 points, or 4.79 percent, to 920 points. The HNX-Index on the Hanoi Stock Exchange went down by 5.79 percent and the UPCoM-Index for unlisted companies slipped 3.31 percent. This means that over VND150 trillion ($6.5 billion) has been swept away from the HOSE. 300 HOSE stocks closed in the red, just 30 ended the day in green. In the VN30-Index, all blue chips fell, with the 10 top stocks dropping a total of 18 points. Serveral banks including Techcombank (TCB), Vietnam International Bank (VIB), Vietcombank (VCB) and TPBank (TPB) dropped by between 5 to 7 percent. Foreigners’ net selling on HOSE was valued at VND283.4 billion ($12.21 million) on Thursday. The drop in … [Read more...] about VN-Index drops 48 points, $6.5 billion gone
Parcel connect drop off points
Local shares end down on late sell-offs
Viet Nam News HÀ NỘI — Selling pressure increased at the end of Wednesday’s trading session while purchasing demand was not enough to save indices from falling. Việt Nam’s benchmark VN-Index ended Wednesday on a negative note, dragged down by large-cap stocks. It edged down 0.22 per cent to close at 993.96 points. The benchmark index inched up 0.01 per cent to close at 996.19 points on Tuesday. The HNX Index on the Hà Nội Stock Exchange lost 0.47 per cent to end at 113.76 points. The northern market index lost 0.07 per cent to end at 114.30 points on Tuesday. Nearly 238 million shares were traded on the two local exchanges, worth VNĐ5 trillion (US $212 million). The blue chip VN30 Index dropped 0.11 per cent to stand at 966.27 points at the end of afternoon trading. On a sector basis, 15 of the 20 saw share prices drop, including real estate, securities, technology, banking, petroleum, food and beverages and seafood processing. … [Read more...] about Local shares end down on late sell-offs
HCM City among world’s most exotic destinations to kick-off 2019 travels
The Hanoitimes - Skyscanner has announced its list of the six leading destinations among the most popular picks for travelers to start 2019. Ho Chi Minh City has been named among the six destinations in the world that can be the most popular picks for tourists to kick-off 2019, according to a list released by Skyscanner, a Scotland travel fare aggregator website and travel metasearch engine. Ho Chi Minh City. Photo: Getty Images Ho Chi Minh City, or Saigon as many people still refer to, is the perfect jumping-off point for a trip around Vietnam. “It’s a hearty jumble of rough-and-tumble street food stalls and truly incredible buildings – the Central Post Office was designed by Gustave Eiffel,” Skyscanner wrote. Skyscanner has some words of advice for travelers that if you want a counter-balance to the joys of Ho Chi Minh City’s coffee shops, banh mi stands and all-night partying in Pham Ngu Lao, take a trip to the War Remnants Museum. … [Read more...] about HCM City among world’s most exotic destinations to kick-off 2019 travels
44 dead after bus veers off Peru mountain road
LIMA: A double-decker bus veered off a mountain road and plunged into a ravine in southern Peru on Wednesday (Feb 21), killing at least 44 people. A medical team carries a person injured in the bus crash near the southern Peruvian town of Ocona, which killed at least 44 people. (AFP/Diego RAMOS) The bus tumbled 80 metres down a jagged slope from the Pan-American highway - Peru's main motorway - in the southern region of Arequipa. Arequipa police chief General Walter Ortiz "confirms 44 deaths," the interior ministry said on its Twitter account, updating an earlier toll of 35. Ortiz said 45 people were registered as passengers on the bus, but the ministry said this did not match the number of people killed or injured. However, inter-provincial buses in Peru frequently pick-up and drop-off passengers en route, resulting in discrepancies in the original passenger list. Amid the confusion, the authorities did not specify the number of people injured. It was also not known if … [Read more...] about 44 dead after bus veers off Peru mountain road
Parents struggle to find babysitters as temperatures drop
Many parents in Hanoi are desperate to find a babysitter for their children as nursery and primary schools are closed as temperatures dropped to below 10 degrees on January 30.The temperature was 9.9 degrees in Hanoi in the morning as a cold spell continues to cover the northern region and north central coast. The mountainous areas may have frost from January 30 to February 5. Hanoi Department of Education and Training asked sub-departments to have measures to protect the pupils. Nursery and primary schools can let pupils stay home.The cold weather is also worrying many families. Parents that aren’t so hindered by work can take a day off with their children. However, many parents are struggling to find a babysitter. When it was reported that the temperature in Hanoi could drop to below 10 degrees for days, many families called relatives or neighbours in case their children didn't have to go to schools.Le Thanh Hang, a local in Hai Ba Trung District, said she had to wake … [Read more...] about Parents struggle to find babysitters as temperatures drop