On the other side, Hoang Huy Investment Financial Services JSC (TCH) and Thanh Thanh Cong - Bien Hoa Joint Stock Company (SBT) were the two biggest losers with a drop of more than 2 per cent. SSI Securities Inc (SSI), Vincom Retail (VRE) and Sacombank (STB) both fell more than 1 per cent and Vietinbank (CTG) were among the other losers. … [Read more...] about Shares struggle to stay positive, VN-Index surpassing 1,130 points
Singapore market share
Stock market plummets, $10 billion lost
New entity to invigorate Vietnam’s stock markets With general optimism well-founded for Vietnam’s stock market building in the past year, there is now significant anticipation for 2021 with the arrival of a new entity to run the country’s exchanges. … [Read more...] about Stock market plummets, $10 billion lost
Vietnam, US share aligned interests, vision: Ambassador Kritenbrink
As an American, the way I feel about it is that we have been striving to make a more perfect union since 1776, from the beginning of our founding, to the Civil War, to reconstruction, to the civil rights era, to the campaign for an equal rights amendment, to increasing rights enjoyed by those in the LGBT community. The story of America is this never-ending struggle to make things better and never-ending struggle to make sure that every American enjoys the rights to which they're entitled under our Constitution. There's always some tension and struggle involved. But I'm confident we'll get through. … [Read more...] about Vietnam, US share aligned interests, vision: Ambassador Kritenbrink
Foreign-invested enterprises hopeful about plans to list shares on bourse
The Ministry of Finance (MOF), suggesting solutions to help the stock market overcome the Covid-19 crisis, has once again proposed allowing foreign invested enterprises (FIEs) to list on the bourse. However, ministries have been warned that excessive caution may do more harm than good. … [Read more...] about Foreign-invested enterprises hopeful about plans to list shares on bourse
No shortage of fresh food for upcoming Lunar New Year festival
Yesterday, Mr. Le Huynh Minh Tu led a delegation to visit and work with key enterprises that supply pork products, poultry meat, and eggs for the city market at the peak of the upcoming Lunar New Year festival. Mr. Nguyen Trong Tri, Deputy Chief Customer Officer of C.P Vietnam Livestock Joint Stock Company, said that in 2020 C.P raised its production by more than 10 percent compared to 2019. Every day, the company supplies to the HCMC market around 3,000-3,500 porkers, accounting for about 30 percent of pork demand in the city. Explaining the constant increase in the price of live pigs, Mr. Tri said that currently, the price of live hogs not only escalates in Vietnam but in Thailand, it is also approaching VND82,500 per kilogram. Especially in China, the price is much higher than that in Vietnam, prompting traders to transport live hogs heavily to this country. As for the HCMC market, C.P commits to fully providing pigs during the upcoming festive season. On the other hand, the … [Read more...] about No shortage of fresh food for upcoming Lunar New Year festival