The fund will reduce its ownership at residential property firm Vinhomes (VHM), aviation firm Vietjet (VJC), consumer staples firm Masan (MSN), PetroVietnam Power (POW), sugar company Thanh Thanh Cong-Bien Hoa JSC (SBT), and electrical firm Gelex (GEX). … [Read more...] about Vietnamese stocks to struggle with increased caution
Funded stock trading account
Dairy groups pursue public funding
On the flip side, the dairy industry is expected to witness fiercer competition in the next few years. The decline in labour income and the rise of unemployment rate to 2.26 per cent has triggered an increase in price sensitivity, raised competition among dairy manufacturers, and slowed down dairy product premiumisation, especially in rural areas. … [Read more...] about Dairy groups pursue public funding
VIETNAM BUSINESS NEWS JANUARY 13
According to the Vietnam Cement Association, due to the impacts of the COVID-19 pandemic, domestic sales of cement fell 5 percent to 56.1 million tonnes in January – November as construction activities were sluggish, especially in the first four months of this year when social distancing was imposed. In January-April, cement sales decreased by 10 percent from the same period last year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 13
C.T Land looks to VND22 trillion revenue in 2021
With a large land fund, 30-year experience in dealing with legal procedures, construction and sales, great staff and effective governance, C.T Land has completed preparations for an audit by E&Y, consultancy from HSC and project appraisal by Vilaf and A&O. Therefore, C.T Land is confident to successfully carry out its pre-IPO plan in the first six months of this year. … [Read more...] about C.T Land looks to VND22 trillion revenue in 2021
VIETNAM BUSINESS NEWS JANUARY 11
The proposal was then approved by the prime minister as the global demand for food rose sharply given the complicated developments of the Covid-19 pandemic. Also, at that time, there was a growing demand among many countries to increase their rice reserves, leading to the active trading of rice in early March and a sharp surge in the volume of local exported rice. The global rice price inched up continuously, although India and Vietnam, two major rice exporters in the world, had harvested big crops. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 11
