New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months
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Health ministry, VMA sign partnership agreement on breast cancer treatment in VN
“Roche is committed to working with Việt Nam to address healthcare challenges through a variety of activities. RocheVietnam is honoured to accompany the Vietnam Medical Association and Ministry of Health in a very meaningful project, bringing new hope to breast cancer patients in Việt Nam," said Girish Mulye, Chief Representative of Roche Vietnam. … [Read more...] about Health ministry, VMA sign partnership agreement on breast cancer treatment in VN
Vietnam – one of fastest growing economies: WB
Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB
Stocks drop sharply after a bull run
A passer-by walks past the statue of a bull and a bear in front of the Hochiminh Stock Exchange in District 1, HCMC. The VN-Index suffered a steep decline on January 19 – PHOTO: THANH HOA HCMC – After an extended period when stocks grew steadily, the local stock market plunged drastically today, January 19, seeing numerous stocks plunge into the red. … [Read more...] about Stocks drop sharply after a bull run
Car sales in Việt Nam plunge 8% in 2020
According to VAMA, the domestic automobile market experienced impressive performance in December with the number of cars sold surging by 32 per cent month-on-month and 45 per cent year-on-year to 47,865 units as customers rushed to buy cars before the end of 2020 to enjoy the 50 per cent reduction in registration fees. … [Read more...] about Car sales in Việt Nam plunge 8% in 2020