The sign and logo of VPS Securities Co at one of its offices in Ha Noi. The company was the biggest derivatives broker in March. – Photo vietnambiz.vn … [Read more...] about Derivatives market trading increases in March
Foreign markets
SE Asia Stocks-Vietnam leads gains as markets end higher on hopes of pandemic peaking
Indonesian shares shed early losses to close up 0.5% and the rupiah firmed over 2% after the central bank governor said he expected the country's foreign exchange reserves to increase, adding that the currency would also strengthen by the end of the year. … [Read more...] about SE Asia Stocks-Vietnam leads gains as markets end higher on hopes of pandemic peaking
Shares gain for seven straight sessions, fueled by banking and mining stocks
“Q1 business results and macroeconomics statistics expectantly published in April may also place negative impacts on market movements. Profits of listed companies in Q1 may be below expectation under the influence of COVID-19 pandemic,” Bach said. … [Read more...] about Shares gain for seven straight sessions, fueled by banking and mining stocks
Pandemic likely to put tourism targets beyond reach
Hanoi (VNA) - The COVID-19 pandemic resulted in a gloomy picture being painted of Vietnam’s tourism industry in the first quarter of the year, as it triggered an 18.1 percent decline in foreign arrivals and made it particularly difficult for the country to achieve this year’s targets. Hanoi welcomed some 133,740 foreign visitors in March, an 80 percent nose-dive compared to the same period last year. The total stood at 3.85 million for the first quarter, down 47.2 percent year-on-year. The capital also posted a 38.8 percent decline in tourism revenue during the quarter, to 15.69 trillion VND (665 million USD). Ninh Binh province, another tourism magnet in Vietnam’s north, welcomed 1.47 million visitors in the quarter and earned 761.33 billion VND in revenue, equivalent to 42.1 percent and 53.1 percent, respectively, of figures posted in the first quarter of last year. Overall, foreign arrivals to Vietnam in March plunged 63.8 percent against February and 68.1 … [Read more...] about Pandemic likely to put tourism targets beyond reach
VN-Index posts seventh straight gaining session
Banking stocks were a mixed bag with four gaining and three losing. VCB of Vietcombank and CTG of VietinBank, two of Vietnam’s biggest state-owned lenders by assets, added 5.2 percent and 0.5 percent respectively, while TCB of Techcombank and MBB of Military Bank, both mid-sized lenders, rose 1.2 percent and 0.6 percent respectively. … [Read more...] about VN-Index posts seventh straight gaining session
