Enterprises not only want to develop market share in Vietnam but also to invest in the country so as to make use of trade advantages that Vietnam is enjoying. Attraction from export turnover According to the ministry, by November this year, there were 30 export products with export turnover of above US$1 billion, accounting for 91.6 percent of total exports, mainly focusing on key product lines, including electrics, electronics, garment and textile, footwear, plastics, computers and components. Specially, there were five products with export turnover of above $10 billion, accounting for 59.6 percent. Particularly, cellphones and components had the highest export value of $48.7 billion, accounting for 20.2 percent of total exports, an increase of 5.4 percent over the same period last year. Electronics, computers and components reached export turnover of $32.4 billion, an increase of 19.4 percent. Exports of garment and textile touched $29.9 billion, an increase of 7.8 percent. … [Read more...] about Vietnamese market attractive to foreign enterprises
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Stock Market Stock market eases after two days of gains The Saigon Times Daily Tuesday, Dec 10, 2019,19:08 (GMT+7) Stock market eases after two days of gainsThe Saigon Times Daily Investors watch an electronic board displaying stock information at Bao Viet Securities Company. The indexes of the HCMC and Hanoi exchanges tumbled today, June 27 - PHOTO: VNA HCMC – After two days of rising, the VN-Index of the Hochiminh Stock Exchange declined today, December 10, as a selloff came back on the southern bourse. With 130 stocks gaining and 204 others falling, the main index ended at 960.3 points, down 5.76 points, or 0.6%, against the day earlier. Trade volume tumbled 11% to 242.72 million shares but value increased a slight 2% to more than VND5 trillion. In block deals, nearly 72 million shares changed hands with a total value of over VND1.7 trillion. Many blue-chip stocks lost further. For example, gas distributor … [Read more...] about Stock market eases after two days of gains
Developers are moving towards sustainable development by promoting green apartment buildings but there are issues to surmount. The International Finance Corporation (IFC) awarded EDGE certification to the HausNeo Apartments project developed by the EZ Land Vietnam Development JSC in August, as it met the required excellence in design for green buildings. According to Mr. Do Ngoc Dung Oliver, CEO of EZ Land, there are signs that awareness of the value of going green is increasing in Vietnam. “People are attracted by the savings they can achieve through lower utility bills and by the unique green features of EDGE-certified buildings,” he said. “This EDGE certification will further help raise people’s awareness and show the sustainability values of EZ Land through our first apartment project, HausNeo.” Many other developers have also joined the sustainable development movement by promoting green apartment buildings. Mr. Dang Thanh Long, Managing … [Read more...] about Initial costs in green apartments offset later
Some defendants in the exam cheating scandal said that VND1 billion was paid for each ‘exam score fabrication’. Tuoi Tre newspaper reported that Tran Xuan Yen, former deputy director of Son La Education and Training Department, said a defendant in the exam score scandal in the province declared that it was the department director who gave him information about eight examinees and told him to get the exam papers of the students to manipulate scores. Tran Xuan Yen (white shirt) is arrested Regarding the ‘cost’ of score fabrication, Yen said one had to pay VND1 billion to raise the total exam score of three exam subjects to the wanted levels. Yen was ‘in charge’ of 13 students, Nguyen Thi Hong Nga,16, while Dang Huu Thuy, vice rector of To Hieu High School in Son La City, was responsible for four examinees and Lo Van Huynh, head of the quality assurance division, for 7. Tran Xuan Yen, former deputy director of Son La Education and Training … [Read more...] about Exam cheating scandal: how much did one score adjustment cost?
Home prices saw the steepest increase ever in early 2019 before the gains were trimmed by weakened sentiment and falling sales in the second half of the yearOffice rents peaked in Q1 and have since fallen over the course of 2019The retail sector was hardest hit by the social unrest which stifled any hope of a rebound in retail rents for core submarketsThe volume of major property transactions shrank to a 10-year low alongside the decline in commercial real estate rentsThe leasing and investment outlook across all sectors in 2020 is set to remain subdued as US-China trade tensions and local social unrest continue to weigh on sentiment.HONG KONG, CHINA - Media OutReach - 10 December 2019 - The Hong Kong property market has borne witness to the city's turmoil in 2019. Home prices experienced their steepest increase in the first half of 2019 but have seen those gains trimmed in recent months in the face of the growing social unrest. The ongoing trade tensions and … [Read more...] about Hit by Double Woes, Hong Kong Property Market Heads for an Uncertain 2020