Bright spot when blinking

The Hanoitimes - The daily turnover in Vietnam’s stock market has been extremely high for the last several months, said the head of independent Finish fund manager Pyn Elite Fund. Vietnamese listed companies’ first quarter earnings reports in April will indicate strong earnings growth for many businesses in the year 2021. Petri Derying, portfolio manager of Finland-based Pyn Elite Fund. Source: arvopaperi.fi Petri Derying, portfolio manager of Finland-based Pyn Elite Fund, wrote in a note, discussing the prospect of Vietnam’s economy this year. “Covid crisis is still slowing down many economies, but it is likely, that in the year 2021 we will see strong growth globally due to last year’s poor numbers,” said Derying. According to Derying, there is already evidence of the robust growth in Vietnam’s exports in the first six weeks of the year with a turnover of US$38.57 billion, up 36% year-on-year. “These numbers indicate very strong growth for the whole year, while the strongest growth was in exports to China,” he said. Meanwhile, the daily turnover in Vietnam’s stock market has been extremely high for several months already, Derying added. “The turnover and the spike we’ve seen in VN-index are thanks to the local investors,” he stated, noting in January the foreign investors were net sellers for US$74 million. However, in February the tide turned and the foreign investors have been net buyers for US$62 million. “We expect this trend to continue,” he concluded. In early February, Derying stated the year 2021 “looks very good for the Vietnamese stock market”, saying the economy is ready to achieve a record expansion, the listed companies’ earnings growth will surprise on the positive side, and stocks are priced attractively. Pyn Elite Fund expected the Vn-Index to soon reach 1,800 points, thanks to the companies’ earnings growth forecasts, the strong outlook of the Vietnamese economy and the opportunities presented by the …

The Hanoitimes - Although the ingredients to make this addicting dish sound fairly simple: ripe bananas, sugar, flour, turmeric powder, making banh chuoi requires the exceptional skills of a master artisan. For a lot of Hanoians, banh chuoi (deep-fried banana) is the nostalgic food of childhood. Many of us would savor these crispy, slightly sweet snacks on the sidewalks as an after-school snack, or as a treat to send away the cold. Street food stalls selling deep-fried bananas are ubiquitous in Hanoi. You can find them pretty much anywhere, but do keep in mind that they are open only in the afternoon. It makes a lot of sense actually, since rarely anyone wants something heavy and greasy in the morning. A set of deep-fried bananas, along with sweet potato pancakes and corn pancakes. Photo: Thuy An. Although the ingredients to make this addicting dish sound fairly simple: ripe bananas, sugar, flour, turmeric powder, making banh chuoi requires the exceptional skills of a master artisan. It’s not easy to achieve the golden ratio of the batter to produce a crunchy, delightful texture. And it’s equally tough to master the art of deep frying. After trying various food stalls, let me introduce you to one of the hidden gems of Hanoi. Settled in Van Chuong street, this food stall has a simple set-up. You’ll find two large pans full of scorching hot oil, a giant bowl of batter mixture, and some racks that serve to cool down the pancakes and to display them at the same time. While there are spaces for you to sit and savor the hot, fragrant pancakes right away, bánh chuối is often a take-away item. So, you won’t find a lot of people who actually stay and eat. The owner skillfully cooks three different types of pancakes at the same time. Photo: Thuy An. The key ingredient is obviously the banana. Not all kinds work, actually. The owner uses ladyfinger bananas ( chuoi Su ), a variety of short and small bananas …

Listed companies’ strong performance in Q1 indicates bright outlook in 2021

Bánh Chuoi – The Nostalgic Food of Childhood