Ho chi minh stock exchange

An investor watching the market’s movements on September 29. (Photo: VNA) Hanoi (VNA) – Foreign investors have always been interested in Vietnam’s stock market, Don Lam, general director of the VinaCapital Group, said on October 6 at a press briefing on the 2022 Investors Conference which is being hosted by VinaCapital in Ho Chi Minh City. Noting that nearly 100 investors from countries around the world have gathered at the conference this year amid a market slump, he said it is proof of investors' interest in Vietnam. Since the previous conference was held three years ago, the world has changed a lot, but one thing remain unchanged which is Vietnam's attractiveness to investors, Lam said. “Not many countries can overcome the pandemic and recover as strongly as Vietnam,” he said. According to Andy Ho, Chief Investment Officer, Managing Director of VinaCapital, said that the volatility of the stock market has made many investors uneasy. However, it should be noted that … [Read more...] about VinaCapital: Vietnam’s stock markets always attractive to foreign investors

A Masan pork-processing factory in Ha Nam Province. MSN was one of the stocks behind the downward trend on Thursday. — Photo baodautu.vn Stocks sank during Thursday's market meltdown amid strong selling forces. On the Ho Chi Minh Stock Exchange (HOSE), the VN-Index fell steadily to 1,074.52 points, down 29.74 points (2.69 per cent) against the previous session. The market was overrun by decliners as their headcount reached 315, against 53 advancers. Remarkably, 59 stocks hit floor prices and just five sat at the other end. "Stocks retreated so quickly. The upward trend was fragile whereas the downward trend was robust," said an investor. HOSE was slack on Thursday since investors traded just VND9.8 trillion worth of shares on the exchange (US$410 million). The VN30-Index echoed the VN-Index pattern with a loss of 36.02 points (3.22 per cent), ending the session at 1,081.36 points. In the basket, 28 stocks slid, one stayed flat and one climbed. Hoa Phat Group (HPG) led … [Read more...] about Market plunges on bearish sentiment

Ms. Nguyen Thi le speaks at the conference (Photo: SGGP) Ms. Phuong Hoang made the statement at a meeting with tourism businesses in the city chaired by Chairwoman of the People's Council of Ho Chi Minh City Nguyen Thi Le. In addition to the plan to develop tourism products, many businesses also gave ideas to get preferential loans, reduce electricity bills and reduce value-added tax. According to Ms. Dang Thi Thy Thanh, Deputy General Director of BenThanh Tourist, businesses fall into difficult situations in terms of cash flow and loans. The tourism industry’s profit margin is very small but some partners want to receive money soon after selling following tours, making it difficult for businesses to arrange cash flow; as a result, tourism businesses raised their concerns about difficulties in getting loans and loans' high interest rates. In addition, tourism companies have bumped into difficulties related to input costs, recruitment of personnel, and operating costs. … [Read more...] about HCMC needs to develop night economy products to retain international visitors

Sanitation workers pick up garbage from the Nhieu Loc -Thi Nghe canal (Photo: SGGP) According to a team of sanitation workers of the Ho Chi Minh City Urban Environment Company who are responsible for collecting garbage on the Nhieu Loc - Thi Nghe canal, they pick up 7-8 tons of waste per day. At the beginning of October 2022, sanitation workers said that they picked up 9-10 tons of garbage a day; worse, they even collected up to 13-14 tons a day sometimes. Mr. Ho Hoc Hai, captain of the garbage collection team of Nhieu Loc - Thi Nghe canal complained that many people have very poor awareness of sanitation without thinking about how hard other people have to pick up trash. Many days sanitation workers have to work until 9- 10 p.m. to complete their tasks. People throw all kinds of garbage including lunch boxes, plastic bags, styrofoam boxes, and bulky garbage such as tables, chairs, and blankets. According to Mr. Hai, 22 workers are tasked to collect garbage from Nhieu Loc - … [Read more...] about Indiscriminate dumping makes sanitation workers harder

PC08 is reviewing and supplementing missing information for road vehicles in HCMC PC08 informed that this review is a task in the Government’s Project 06 ‘Developing an Application for Population Database, Digital Identification and Authentication for the National Digital Transformation from 2022-2025, with a Vision to 2030’. Accordingly, based on the list of expired vehicles provided by Vietnam Register and the list of vehicles that have undergone procedures to revoke registration and number plates, PC08 is going to separate these vehicles to better manage them. PC08 is going to establish a list of vehicles under its charge to check and compare with the existing data on the vehicle registration system. If all information, especially the ones on citizen ID card, tax code, and phone number of vehicle owners as well as chassis number, engine number of vehicles themselves, is sufficient and precise, it will confirm its integrated data in the vehicle registration system. Otherwise, … [Read more...] about HCMC updating data on vehicle registration, management

Lawyers Vu Phi Long, Truong Thi Hoa and Nguyen Van Hau will join the event. The event is organized on the occasion of Vietnam Lawyer Traditional Day (October 10) and Vietnam Law Day (November 9). Additionally, this is also an activity to raise awareness and understanding of basic laws for Ho Chi Minh City people in daily life. It is expected that ACBA will provide free legal advice service and propagandize law for people in five points of districts 1, 10, Tan Binh and Binh Thanh on October 8 with the participation of 20-30 prestigious lawyers from law companies in the city. As for the online form, the Ho Chi Minh City Bar Association will give free legal advice via Zoom Platform. Lawyers Vu Phi Long, Truong Thi Hoa and Nguyen Van Hau will join the event. People can attend the event at 9 a.m. on October 8 via https://bit.ly/3ri3Vez; Meeting ID: 97275547263; Passcode: 820869. The legal advice program will take place on October 8 and October 10 in both offline and online forms … [Read more...] about HCMC Bar Association to give free legal advice to people

For the Ring Road No.4 project, the People's Committee of Long An Province directed the Department of Transport to update relevant planning and forecast traffic count to calculate the appropriate scale and technical options. For the section from the 826D intersection to the end of the route, about 9.5km long, the Department of Transport of Long An Province shall review and clarify the basis for the proposal of an urban expressway or an urban arterial road. From there, it will coordinate with the Department of Transport of HCMC to work with the consulting unit to analyze and clarify the advantages and disadvantages of each option and propose a plan to ensure the technical economy and investment efficiency of the project. For the newly opened Northwest road in Binh Chanh District in HCMC that connects with the provincial road 823D in Duc Hoa District in Long An Province, the People's Committee of HCMC has approved the policy of adjusting the road alignment and updating the relevant … [Read more...] about Five roads connecting HCMC, Long An Province to be built soon

The twins, their parents and doctors pose for a photo on October 7, the day they are discharged from hospital (Photo: VNA) HCM City (VNA) - Sixteen-month-old conjoined twins Truc Nhi and Dieu Nhi were discharged from hospital on October 7, 84 days after their 12-hour separation surgery. In hospital since birth, they are now well enough to return home and begin a normal life. The twins are able to sit up and can stand with help from their parents. Director of the Ho Chi Minh City Children’s Hospital Truong Quang Dinh said their organs are largely functioning as they should. Truc Nhi and Dieu Nhi were born on July 6, 2019, in HCM City and were joined at the pelvis. Some 100 doctors and nurses from the Children’s Hospital, Children’s Hospitals 1 and 2, Cho Ray Hospital , and others in the city took part in the July 15 separation surgery ./. VNA … [Read more...] about Conjoined twins head home nearly three months after separation

The index was falling 44 points as of 11.17 a.m. after plunging by 28 points Thursday. VN-Index is now at the lowest since January 28 last year. The VN30 basket, comprising the 30 largest capped stocks, saw 29 tickers falling, with TCB of the largest private lender Techcombank and STB of Ho Chi Minh City-based lender Sacombank on the floor with a 7% decline. KDH of real estate firm Khang Dien House was falling 6.7%, and CTG of state-owned lender VietinBank 6.5%. VJC of budget airline Vietjet was the only blue chip that gained with a 0.3% rise. Foreign investors were net selling at 75.9 billion, mainly selling STB and DXG of real estate developer Dat Xanh Group. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, was falling 4.56% while the UPCoM-Index for the Unlisted Public Companies Market was down 3.59%. … [Read more...] about VN-Index plunges 44 points

The exhibition returns in 2022 with over 250 brands from 20 countries, including Accretech, Epson, Mitutoyo, Takamaz, Yamaha, Hiwin, LKM, New Century, Delta, and Showadenki, as well as 8 international group pavilions. Designed, constructed, and conceptualized in the mold of the greatest metalworking event in ASEAN, METALEX Vietnam has provided machine suppliers with comprehensive metalworking experiences over the years. This year, the Japan External Trade Organization (JETRO) in Ho Chi Minh City, Investment & Trade Promotion Centre of Ho Chi Minh City (ITPC), and Ho Chi Minh City Center for Supporting Industries Development (CSID) organize "Supporting Industry Show 2022" at METALEX Vietnam exhibition, to promote the development and growth of supporting industries. This co-located exhibition will open up opportunities for domestic component suppliers to connect with Japanese assembly companies to create an effective partnership for both sides, and request machine … [Read more...] about METALEX Vietnam exhibition 2022 opens in HCMC