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Many blue-chip stocks are at attractive price ranges for investment A significant increase On May 17, Vietnam's stock market had a breakthrough session, reaching the highest point globally with the VN-Index rising by more than 56 points (+4.8 per cent) and crossing the threshold of 1200 points. All key stocks in the VN-30 group gained, in which many codes in the banking, consumer, and retail sectors grew strongly. The Masan shares of billionaire Nguyen Dang Quang increased to their limit of VND96,500 ($4.20) per share, with nearly 1.6 million units transferred. Foreign investors bought more than 500 thousand. This is a major breakthrough for the consumer-and-retail giant as other stocks have been on a downward trend over the past weeks. This is in line with the declining trend worldwide and pressure from local retail investors to sell-off. However, the demand from institutional investors for large and industry-leading stocks showed signs of strong growth. A … [Read more...] about Vietnamese stocks see world-leading growth

Do Chi Cong, member of EuroCham and general director of SB Invest According to the United Nations World Tourism Organisation (UNWTO), Southeast Asia will become the fourth largest tourist attraction in the world, with Vietnam also developing a green and sustainable pathway over the next ten years. In your opinion, what is the core element of green tourism? Green tourism advocates for minimal detrimental impacts on the local environment, biodiversity protection, renewable energy, the promotion of natural and cultural heritage, environmentally-friendly products, and the active participation of local communities. Green tourism is the key to responsible and sustainable development and respecting natural elements. Minimising negative environmental impacts and creating a healthy environment are all at its core. Thus, to be recognised as a green tourism product, all tourism services such as tours, hotels, restaurants, and golf courses must meet the above criteria. As an … [Read more...] about Prospects for green tourism real estate development

Container scarcity, input material price rises, and travel restrictions are just some of the factors damaging supply chains, Photo: Le Toan Demonstrating the wide reach that geopolitical tensions and the drag from global supply chain disruptions are causing worldwide, lowered prospects for mergers and acquisitions (M&As) in Asia-Pacific are being projected for the rest of the year, after the number of such deals fell in the first several months of 2022. A total of 123 finance sector M&A deals were reported in the January-to-March quarter, compared with 165 in the same period of last year, S&P Global Market Intelligence data shows. The ongoing conflict in Ukraine, supply chain bottlenecks, and inflation concerns slowed down deal-making in the first quarter. “We expect to see deals start and stop as companies try to time when best to take the plunge,” said Sophie Mathur, partner and Asia head of corporate at law firm Linklaters. Despite the emerging opportunities, … [Read more...] about Reset required for supply chain woes