The large-cap basket also witnessed a strong decrease of more than 3 per cent. The VN30-Index fell 3.09 per cent to 1,118.59 points. Only two of the 30 largest stocks posted a rise, while 28 stocks declined. The two stocks which recorded a gain this morning, were property developers including Nova Land Investment Group Corporation (NVL) up 0.13 per cent and FLC Faros Construction JSC (ROS) up 0.88 per cent. … [Read more...] about Market plunges on selling pressure
Real estate
HCMC authorities develop various types of houses to meet growing demand
Additionally, to help residents build their houses, HCMC will continue improving administrative procedures by simplifying formalities in construction certificate, issuance of land use rights and house ownership certificates as well as give information of planning for individual houses to help residents to build and repair houses. … [Read more...] about HCMC authorities develop various types of houses to meet growing demand
VIETNAM BUSINESS NEWS JANUARY 26
According to the Vietnam National Administration of Tourism, as of December last year, the pandemic had sent the number of foreign tourists to Vietnam down nearly 80% to 3.7 million. Most of them came to the country in the first quarter of 2021. In addition, the number of domestic visitors fell 34.1% to 56 million. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26
VN-Index plummets back to January nadir
Total trading volume rose slightly over the previous session, to VND16.27 trillion ($704.31 million). Liquidity in the morning session alone was VND11 trillion, but there were signs of the system freezing yet again after 1.30 pm, when trading volume was at VND15 trillion, even though in the past few days HoSE was able to handle as much as VND20 trillion. … [Read more...] about VN-Index plummets back to January nadir
SP Land execs taken into police custody
In late 2018, SP Land developed the KDC An Dien 1 and An Dien 2 projects in Ben Cat Town with a total area of over two hectares. Despite having yet to complete legal procedures, the firm started to put the land lots of these projects up for sale at a price of over VND400 million per lot. … [Read more...] about SP Land execs taken into police custody
