“When the stock exchange started its operations, we did not imagine there would be an enterprise with a market capitalization of a billion dollars listing on HOSE, but to date, over 20 firms have had a capitalization of over US$1 billion each,” said Tran Van Dung, chairman of the State Securities Commission. … [Read more...] about Over 20 firms have market cap of over US$1 billion each
Businesses at ponce city market
In addition, since Nepal temporarily stopped importing pepper, many importers in Nepal showed no cooperation, not returning legal documents or signing applications for Vietnamese enterprises to conduct re-export procedures. This makes it difficult for Vietnamese enterprises to re-export pepper as expected. … [Read more...] about MoIT seeks way to help businesses re-export pepper stuck in Nepal
Vietnam's automobile market sees 62 percent surge after social distancing The sales of automobile surged 62 percent month-on-month in May following the end of social distancing measures, according to the Vietnam Automobile Manufacturers’ Association (VAMA). … [Read more...] about Car manufacturers resume assembling of some models in Vietnam
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC. The rankings were developed based on international standards used by famous global publications and with consultancy from economists and business experts from the Harvard Business School in the US. PV GAS posted dual growth, in revenue and profit. Its return on equity (ROE) ratio and earnings per share (EPS) ratio grew every year during the 2017-2019 period. It also saw effective business operations, contributing significantly to protecting the environment and the country’s energy development. Collectively, the Top 50 businesses generated more than 60.5 billion USD in revenue (up 17 percent) and 7.1 billion USD in net profit (up 30 percent) in fields such as services, … [Read more...] about PV GAS ranked among Vietnam’s 50 best performing listed companies
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?