Pre launch app marketing

Asian markets track Wall St higher, tech fuels Hong Kong rally- illustration photo source: freepik.com The positive mood put the region on course to end the week on a healthy note, and came after Federal Reserve minutes indicated the US central bank could take a breather in hiking interest rates if inflation shows signs of easing later in the year. Still, confidence on trading floors remains at a premium owing to a range of crises including soaring prices, tighter monetary policy, China's Covid-19 lockdowns and the war in Ukraine. Investors were in a buying mood Friday as Hong Kong jumped more than two percent, with market heavyweight Alibaba piling on more than 11 percent and search engine Baidu advancing 15 percent. The two firms posted better-than-expected sales growth in the January-March quarter, soothing fears about the impact of Covid and inflation on their bottom lines. Hong Kong's tech index jumped nearly three percent, with other giants also enjoying buying … [Read more...] about Asian markets track Wall St higher, tech fuels Hong Kong rally

Land and housing prices have increased by 20-25 per cent in urban areas. VNA/VNS Photo HÀ NỘI — Experts have warned that the high rate of inflation will cause the domestic housing market to continuously see prices increase, but liquidity decrease. According to real estate consultant Lê Quốc Kiên, the market from the middle of last year until now has seen low transactions as the land and housing prices have increased by 20-25 per cent in the urban areas and 30 per cent in the suburban areas. Meanwhile, the price has surged by 50 per cent in the neighbouring provinces. Therefore, he predicts that investors who do not face the pressure of bank debt will not sell real estate in the next 6-12 months because they will have to look for other assets. They do not want to keep cash in a period of high inflation. Meanwhile, investors who suffer pressure from banking loans will be forced to sell property when inflation is high. According to the General Statistics Office, core … [Read more...] about Housing market sees price increase, liquidity decrease

Delegates at the grand opening ceremony of GO! Lao Cai. — VNS Photo Central Retail Viet Nam on Friday launched its GO! Mall on Urban Sub-area 13, Tran Hung Dao Street, Bac Lenh Ward, Lao Cai City. It is its 39th shopping centre in Viet Nam, but the first of its kind in the northwest area. The opening of GO! Lao Cai comes as the company celebrates its 10th anniversary in Viet Nam. Built on a total area of 30,000sq.m with an investment of VND300 billion (US$12.9 million), GO! Lao Cai is the largest and most modern shopping mall of Central Retail in Lao Cai. The mall is expected to provide a wide range of products from essential goods, and fast-moving consumer goods to household electrical appliances and entertainment services to meet local demands, from basic to high standards. Speaking at the opening ceremony, Olivier Langlet, General Director of Central Retail Viet Nam, hoped that the presence of GO! Lao Cai can bring convenience to local people's lives, enhancing their … [Read more...] about The first GO! Mall in Lao Cai officially launched

A bondholder shows her ABOND bonds. Photo mns.com Bond issuers have become more cautious amid the authorities tightening control of the market, leading to issuance shrinkages. The Ministry of Finance reported that the total issuance volume of privately-placed bonds plunged to around VND30 trillion (US$1.3 billion) in April, down 33 per cent year-on-year. In the first two weeks of May, the issuance figure reached VND5.2 trillion, equaling one-third of the figure last year. Notably, realty bonds fell sharply to about VND820 billion in April, far less than their average monthly volume of VND26 trillion in 2021. The market experienced not only decreasing bond issuances but also a buyback spree. Specifically, premature bond buybacks in April alone stood at VND11.9 trillion, comparable to the figure of VND12.8 trillion in the previous three months combined. The securities firm SSI underlined the Tan Hoang Minh Group's cancellation of issuance of nine bond batches as a major … [Read more...] about Bond issuance slows amid tightening controls

A PNJ store in HCM City. The company's shares soared by 7 per cent yesterday. — Photo courtesy of PNJ Shares advanced for a fourth day this week on the Ho Chi Minh Stock Exchange, driven by the strong growth of blue chips. On the Ho Chi Minh Stock Exchange, the VN-Index gained 1.33 per cent to close Friday at 1,285.45 points. The southern bourse’s index has expanded 5.4 per cent this week. Information relating to the restructuring of the exchange-traded funds (ETFs) boosted trading in large caps. Twenty-nine out of the top 30 largest shares by market value and liquidity (VN30) gained value while only Sacombank (STB) fell 0.7 per cent. On Friday, the stocks in which the foreign ownership nearly touch the ceiling limit attracted investment. Phu Nhuan Jewelry JSC (PNJ) and Refrigeration Electrical Engineering Corp (REE) hit the ceiling growth of 7 per cent to VND122,300 (US$5.32) for a PNJ share and VND89,600 for a REE share. Among blue chips, big gainers included tech … [Read more...] about VN-Index rallies for a forth day on strong growth of blue chips

An investor monitors stock prices. — Photo anninhthudo.vn Many investors and firms in Viet Nam have reached a financial size that they are well-positioned to manipulate the securities market, exposing the need for tighter regulations. Financial expert Vu Dinh Anh underlined transparency as the key to a healthy securities market. Without transparency, certain companies can rely on illegal practices, including insider trading and price manipulation, to make profits at the cost of market stability. “It’s time to enhance market management, tighten up on insider trading and price manipulation, and promote technology in line with market development," he said. "That’s what the authorities, securities firms and investors have to do. If they can get the job done, the securities market would become a sound capital channel that supports economic growth." Nguyen Hoai Thu, investment manager at the VinaCapital Fund Management JSC., believed that the State Securities Commission and stock … [Read more...] about Tighter regulations to prevent manipulative practices