Largest real estate developers

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange edged up 0.02 per cent to close Friday at 888.97 points. It had edged down 0.06 per cent to close Thursday at 888.82 points. More than 309.9 million shares were traded on the southern exchange, worth VNĐ5.5 trillion (US$237.9 million). Market breadth was neutral with 196 gainers and 197 decliners. According to BIDV Securities Co, market liquidity declined compared to the previous trading session, which showed that investors remained cautious as the VN-Index is approaching the 900-point mark. The VN30-Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, lost 0.04 per cent to close Friday at 825.56 points. Cash flow tended run into industrial real estate stocks and construction stocks such as Investment and Construction Development Joint Stock Corporation (DIG), Đất Xanh Group (DXG), Hòa Bình Construction and Real Estate Corporation … [Read more...] about Shares struggle to stay positive, real estate stocks spur market

On the other side, many pillar stocks lost momentum and put great pressure on the market such as Vinamilk (VNM), Vietjet (VJC), Vinhomes (VHM), Techcombank (TCB), SSI Securities Incorporation (SSI), Sabeco (SAB), Phu Nhuan Jewelry (PNJ), PVPower (POW), Mobile World Group (MWG), PetroVietnam Gas JSC (GAS) and Hoa Phat Group (HPG). … [Read more...] about Shares struggle to stay positive, real estate stocks spur market

Mergers between behemoths to revive paralysed tourism market The pandemic has disrupted numerous travel plans worldwide, resulting in weaker hotel performances across the country. As such, average revenue per available room in the first half of 2020 went down significantly by 56 and 64 per cent for Hanoi and Ho Chi Minh City, respectively. … [Read more...] about Mergers between behemoths to revive paralysed tourism market

Adele Tao, CEO of LIXIL Water Technology Greater China, said, “The pandemic resulted in unforeseen circumstances and challenges around the world. Despite that, we remain focused and committed towards our goal in delivering safe and comfortable products and services through responsible, sustainable innovations to improve the quality of our consumers’ lives. That said, we also plan to make significant investments to introduce new categories and products to our consumers, and going beyond that we would also dial up service level to our consumers with industrial best-in-class brand and product experience throughout before, during, and after sales. We will work more closely with the developer, designer, and architect community at a strategic cooperation level to achieve the bigger goals.” … [Read more...] about LIXIL announces winners of Asia-Pacific Property Awards 2020-2021

The Crest Residence, the second phase of The Metropole Thu Thiem project by SonKim Land, has won the awards for “Best Condominium/Apartment”, “Best Mixed Use Development”, “Best Mixed Use Architecture” and “Residential High Rise Architecture” at the 2020 Asia Pacific Property Awards. … [Read more...] about SonKim Land shines bright at Asia Pacific Property Awards with The Crest Residence