According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months
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The giddy rise of Vietnam’s steel billionaire
The focus on HRC is expected to increase the company’s income since it is an input in the manufacturing of steel pipes, a product with higher profit margins than construction steel. The segment itself also has plenty of room for Hoa Phat to grow, FPTS said. … [Read more...] about The giddy rise of Vietnam’s steel billionaire
First round V. League recap: Rise of the underdogs
A day later, another underdog team got the sweet taste of victory. SHB Da Nang went up against HCMC FC, a club that splashed out in the transfer window to recruit expensive foreign players and a new Brazilian coach. But Da Nang started the game with high energy by constantly threatening HCMC’s goal. After several missed chances, in the 17th minute, national team forward Ha Duc Chinh opened the scoreboard for Da Nang. With the early goal, Da Nang slowed down the pace and strengthened its defense to keep the score 1-0. … [Read more...] about First round V. League recap: Rise of the underdogs
Hanoians shrug off smog as new normal
On January 18, Prime Minister Nguyen Xuan Phuc asked the Ministry of Natural Resources and Environment to increase air quality surveys and warnings for residents when the air became highly toxic and to implement a plan on improving air quality for the 2021-2025 period. … [Read more...] about Hanoians shrug off smog as new normal
Proper sanction needed to reform HCMC urban planning
According to Mr. Tri, all general urban planning for HCMC signed by the Prime Minister from 1993 up to 2012 have the same basic content, which is developing Thu Thiem urban area and the multi-polar development with satellite cities as a whole. … [Read more...] about Proper sanction needed to reform HCMC urban planning