A customer picking a Vinamilk product at a grocery store. Vinamilk shares dipped by 1.3 per cent yesterday, weighing the market in general. Photo vinamilk.com.vn HÀ NỘI — The market settled lower on Friday as risk appetite was not strong enough to push up general sentiment. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed the recent rally course and ended the week at 1,240.71 points, down 0.93 points, or 0.07 per cent. The market’s breadth was negative with 223 stocks decreasing, while 209 inched higher. Liquidity was also lower than the previous session, of which nearly 505 million shares were traded on the southern bourse, worth over VNĐ12.46 trillion (US$537.7 million). Stronger selling force was the main cause of the index’s reversal. The 30 biggest stocks tracker VN30-Index also posted a loss of 1.04 points, or 0.08 per cent, to 1,282.51 points. In the VN30 basket, 17 stocks dropped, while ten posted positive performance and three stayed flat. … [Read more...] about Market finishes the week on a negative note
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Venezuela university opens faculty on Vietnamese nation
Vietnamese Ambassador to Venezuela Le Viet Duyen (third, right) and UNEFA Rector Pascualino Angiolillo at the launching ceremony (Photo: VNA) Addressing the launching ceremony, Vietnamese Ambassador to Venezuela Le Viet Duyen thanked the UNEFA for organizing the event. He stressed that President Ho Chi Minh's life and revolutionary career is an epic of patriotism and revolutionary heroism. The national leader, who devoted his whole life to the national liberation, independence freedom of the nation and happiness of the people, is an example for nations that are struggling to advance to socialism, including Vietnam and Venezuela, said the ambassador. He expressed his hope that through the research of Vietnamese nation and Ho Chi Minh ideology in all fields as well as the national struggles, Venezuelan friends will draw useful lessons to overcome hard time and build a country of peace and prosperity. The ambassador said he believes that UNEFA will become a center for education … [Read more...] about Venezuela university opens faculty on Vietnamese nation
More processing plants licensed to export pangasius to US
Viet Nam's pangasius export value to the US from the beginning of this year to April 15 reached US$195.3 million. — VNA/VNS Photo Cong Mao The National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) has announced that the US has licensed six more Vietnamese pangasius processing factories to export to the market. Adding six factories to the list of pangasius processing factories licensed to export to the US will promote the growth of Viet Nam's pangasius export value to this market. The factories are Hop Nhat Seafood Joint Stock Company, Atlantic Seafood Frozen Factory (Atlantic Seafood), Basa Mekong Factory (Basa Mekong), a factory for processing and exporting high-grade pangasius products, Co May 2 seafood processing and exporting factory (under Co May Import and Export Co, Ltd) and CK Frozen Food Vietnam Co, Ltd. So far, the US Food Safety and Inspection Service under the US Department of Agriculture (USDA) has licensed 19 Vietnamese pangasius factories to … [Read more...] about More processing plants licensed to export pangasius to US
Masteries Homes celebrates Lake topping out construction milestone
Representatives of Masterise Homes at the topping out ceremony at the Lake Tower in the Grand Marina, Saigon, in HCM City, Marriott’s largest branded residences project in the world. VNS Photo Masterise Homes, a member of Masterise Group, held a topping out ceremony for the Lake on May 19, the first of eight branded residential towers at the Grand Marina, Saigon, Marriott’s largest branded residences project anywhere in the world. The event marked an important milestone for the Grand Marina, a new benchmark for ultra-luxury residential products in Vietnam. “Today is an important milestone for the Grand Marina, Saigon, project,” Mahdi Samhouri, deputy head of project development, Masterise Homes, said. “The Lake introduces the first-ever branded apartments in the Vietnamese market, offering a new benchmark for ultra-luxury residential products.” Located in the heart of downtown HCM City, the 47-storey Lake is also the first tower in the Grand Marina and is expected to be … [Read more...] about Masteries Homes celebrates Lake topping out construction milestone