Thanh said that Scavi was luckier than many other textile and garment manufacturers because the majority of its customers from the US and Europe have opted to extend the deadline to receive orders or reduce the order volume, instead of cancelling orders. “Of course, we have to shoulder extra expenses for storage in Vietnam before we can export our products, but it could be far worse,” Thanh said. … [Read more...] about Maintaining business stability a top task for foreign investors
How does foreign exchange markets work
Through this transaction, the involved international commercial banks also showed trust in Novaland’s strategy, with a focus on three key product lines, including residential projects in Ho Chi Minh City, satellite townships, and hospitality real estate projects based on a total landbank of nearly 5,000 ha, which is sufficient for the Group to develop in the next 10-15 years. … [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
"The COVID-19 pandemic is a challenge facing organizations across the globe, and it puts a premium on being a high trust people-first culture" said Michael C. Bush, Global CEO of Great Place to Work. "We honor the companies that earned places on our ranking of Asia's Best Workplaces because they will outperform their competitors and we hope this will inspire more companies to become a Great Place to Work For All." … [Read more...] about DHL Express ranked as Best Workplace in Asia by Great Place to Work® for second year
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