"Grade A sales has been decreasing consecutively since 2017 and was the worst-hit segment by the pandemic in 2020," said Hang. Of this, a lot of high-end apartment projects of giant developers like Tan Hoang Minh Group, Sunshine Group, Sun Group, and Hateco Group, located in Ba Dinh, Tay Ho, and other districts, which launched in 2020 and earlier, could not sell out during the difficult year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Energy consumption
Vietnamese-French woman fights US chemical firms for justice for Agent Orange victims
At the trial, 20 lawyers of 14 U.S. chemical companies, namely Bayer-Monsanto, Dow Chemical, Harcros Chemicals, Uniroyal Chemical, and Thompson-Hayward Chemical among others, will have four hours to debate, while Nga’s three lawyers will only have one hour and 30 minutes. … [Read more...] about Vietnamese-French woman fights US chemical firms for justice for Agent Orange victims
Hanoi promotes science-technology in agricultural production
Hanoi (VNS/VNA) - Science and technology are key to agricultural production, allowing for increases in the capacity and quality of products and improving farmers’ lives. For many years, Hanoi has focused on solutions to promote the transfer of science and technology to farmers. However, to make science and technology the leverage for sustainable agricultural development, more supportive mechanisms and policies are needed, as well as the participation of the authorities. Thanks to the application of science and technology in production, Kim Son commune in Gia Lam district has become the capital city’s hub for growing high quality bananas. “My family grew more than 200 trees of the South African banana variety and earned over 250 million VND (11,000 USD) per year on average,” Nguyen Trong Nghia , a banana farmer, told Ha Noi Moi (New Hanoi) newspaper. “We were planting bananas as per the VietGAP process, which raised consumption,” said Nghia. … [Read more...] about Hanoi promotes science-technology in agricultural production
Experts urge caution on M&A exploiting low share prices
According to the Ministry of Planning and Investment, M&A deals will increase strongly in the coming time, resulting in high risks of additional Vietnamese businesses being acquired at low prices. In a document sent to the Prime Minister, Vietnam Chamber of Commerce and Industry Chairman Vu Tien Loc suggested suspending M&A activities during the pandemic in order to restrain foreign companies from acquiring Vietnamese businesses. … [Read more...] about Experts urge caution on M&A exploiting low share prices
Experts warn of correction in trading this week
VN-Index declined in the first two sessions of last week, there were times when the index hit its lowest level at 1,098 points, down more than 100 points from the peak of 1,200. Then the bottom catching demand appeared to help VN-Index recover in the remaining three sessions. Meanwhile, the HNX-Index increased strongly by 14.65 points to 240.12 points. … [Read more...] about Experts warn of correction in trading this week