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Hsbc optimistic about vietnam stock market despite plunge vnexpress international

Superstar midfielder happy with new club in France

June 24, 2022 by e.vnexpress.net

"Hai's new destination is a humble club in a small city in France. It was Hai's decision to move here. The salary is not that high but his playing time is guaranteed. Hai is really happy with this choice because he will get to play regularly. It's a small club but Hai feels appreciated there," agent Nguyen Dac Van told VnExpress on Friday. Nguyen Quang Hai takes a photo in France in early June 2022. Photo courtesy of Nguyen Quang Hai Quang Hai, 25, is a contemporary star of Vietnamese football. National coach Park Hang-seo called him the best attacking midfielder in Vietnam. In six professional seasons with Hanoi FC, he played 126 matches, scored 35 goals and won every domestic title including V. League, National Cup, Super Cup and Vietnam Golden Ball in 2018. Hai also played an important role in Vietnam winning second place at the 2018 AFC U23 Championship, the 2018 AFF Cup title, SEA Games 30 and Vietnam's journey to the final round of the 2022 World Cup … [Read more...] about Superstar midfielder happy with new club in France

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Construction contractors hit hard by surging costs

June 24, 2022 by e.vnexpress.net

The owner of a construction company said: "The rising costs have caused severe impacts on my company. We have put two projects on hold and are waiting for prices to go down." Huynh’s company in the neighboring province of Binh Duong is likely to report losses on the construction of a road project it began earlier this year. It cannot back away from the project as the work is 75 percent completed. "We use a lot of diesel each day, and so the rising fuel costs have eaten away all of our profits," Huynh said. The rising costs of raw materials amid surging global inflation is posing problems for construction companies who struggle to renegotiate their contracts as losses loom. Cement prices in Vietnam have gone up three times this year by around 28 percent to VND1.2 million ($51.62) a ton. In the latest increase, 15 major cement producers all hiked prices by up to VND80,000 per ton. Steel prices have been falling due to declining demand in China, but others such as sand, … [Read more...] about Construction contractors hit hard by surging costs

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Shares close the week in negative zone on low liquidity

June 25, 2022 by bizhub.vn

PV Gas's Ca Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hung Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Ho Chi Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; Petrolimex (POW) … [Read more...] about Shares close the week in negative zone on low liquidity

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Shares close the week in negative zone

June 25, 2022 by vietnamnews.vn

PV Gas's Cà Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Hồ Chí Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; … [Read more...] about Shares close the week in negative zone

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