According to the Ministry of Planning and Investment, FIEs are suffering from a shortage of foreign experts and technicians while simultaneously encountering difficulties in importing raw input materials, negatively affecting production activities and the implementation of their projects nationally. Meanwhile, many FIEs have also endured severe financial difficulties as a result of the sharp decreases in consumption, leading to stagnancy in production, especially among businesses that had large export orders from countries hit by the coronavirus outbreak. … [Read more...] about Maintaining business stability a top task for foreign investors
Foreign exchange market size
Residential projects in Ho Chi Minh City – one of three key product lines of Novaland While facing the Covid-19 pandemic, the Group has been simultaneously implementing numerous solutions to ensure continuous business operations with a focus on analyzing and creating financial scenarios, including: (i) strengthen cash and cash-equivalents management, forecast and optimize cash flow in different market scenarios; (ii) optimize operating expenditures; (iii) and enhance relationships and provide timely information to local and foreign investors and financial institutions. In addition, Novaland has quickly activated a business contingency plan to ensure uninterrupted operation of the Company and customer transactions, such as (1) establishing the Covid-19 Anti-epidemic Steering Committee; (2) implementing measures to protect customers, partners and employees through the application of information technology; (3) planning and providing financial scenarios; and (4) stabilizing … [Read more...] about Novaland attractive to foreign investors, why?
Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
On Wednesday, the pillar stocks witnessed strong differentiation with gainers were real estate developer Vinhomes (VHM) (up 6.1 per cent), Bank for Investment and Development (BID) (rising 2.6 per cent), Masan Group (MSN) (up 2.4 per cent) and PVPower (POW) (up 6.9 per cent). … [Read more...] about Shares rebound on increasing demand but worries remain
Among other stocks on the HoSE's list are Agribank Securities Co (AGR), brewer Habeco (BHN), Dien Quang Lamp JSC (DQC), the Vietnam Rubber Group (GVR), agriculture firms Hoang Anh Gia Lai (HAG) and HALG Agrico (HNG), Vietnam-Italy Steel JSC (VIS) and media group Yeah1 (YEG). – VNS … [Read more...] about Vietnam Airlines shares unavailable for margin lending