The reduction in fees and supportive policies brought new cash flows into the stock market which helped the liquidity rise to a record level. Data from the General Statistics Office (GSO) showed the amount of capital poured into Việt Nam’s stock market rose 20 per cent in 2020 to VNĐ383.6 trillion. … [Read more...] about SSC sets out measures to address stock market overload issue
State farm marketing
MoIT working to ensure supply of goods during Tet holiday
Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) recently issued Directive No.15 on the implementation of measures to ensure essential consumer goods are available during the upcoming Lunar New Year (Tet) holiday and to stabilise the market. The Departments of Industry and Trade nationwide have been ordered to outline production and business plans while making evaluations on the supply and demand of essential items, so as to make a timely response to prevent a shortage of goods or price hikes during Tet. They should recommend the provincial People’s Committees set up plans to stock shelves for the holiday or in case of epidemic, as well as join hands with branches of the State Bank of Vietnam to help businesses access preferential loans to produce essential goods for the holiday. They have been asked to coordinate with the Departments of Agriculture and Rural Development and competent agencies to keep a close watch on weather and disease developments and to assess … [Read more...] about MoIT working to ensure supply of goods during Tet holiday
Draft amendments to e-commerce activities law discussed
In addition, the draft decree also eliminated the participation of the group of investors, which are foreign investment funds, which are one of the types of investors with abundant capital and experience to support local businesses to develop strategies, operations and human resources. … [Read more...] about Draft amendments to e-commerce activities law discussed
VN-Index plummets over 74 points
Foreign investors, meanwhile, seem unfazed by developments on the market, scooping up a net of VND117 billion worth of Vietnamese stocks in the morning session, picking up mostly VRE of mall operator Vincom Retail and VHM of Vinhomes, both of which are close to their floor prices as of 11:30 a.m. … [Read more...] about VN-Index plummets over 74 points
Economist: VN-Index does not reflect the economy
Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy