A trader observing the market's movements on his computer. — Photo baodautu.vn After hitting a bottom of around 1,140 points in early July, the stock market had recovered for four straight sessions, with the benchmark VN-Index surpassing the threshold of 1,250 points. Notably, liquidity improved significantly last week and has now exceeded the recent 20-week average. This marked the second week of such an increase, showing that investors' interest is improving. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index ended the week at 1,252.74 points, down 0.11 per cent. Meanwhile, the HNX-Index on the Ha Noi Stock Exchange (HNX) closed higher, up 0.73 per cent to 299.9 points. For the week, the VN-Index rose by 3.85 per cent and the HNX-Index was up 3.91 per cent. Trading value on HOSE increased by 39.2 per cent from the previous week to VND83.1 trillion (US$3.5 billion), equivalent to a gain of 47 per cent in volume to more than 3.5 billion shares. On the northern bourse, … [Read more...] about Investors’ risk appetite continues to improve this week
Legislators generally do not have opportunities to manipulate the legislative record
Comrade Vo Chi Cong’s 110th birth anniversary observed
State President Nguyen Xuan Phuc attended the event, while Party General Secretary Nguyen Phu Trong and former Party General Secretary Nong Duc Manh sent flower baskets to the celebration. Speaking at the event, Party Secretary of the Quang Nam provincial Party Committee Phan Viet Cuong recalled the life, glorious career, and great contribution of Comrade Vo Chi Cong to the nation’s revolutionary cause. In the resistance war against American imperialists, Comrade Vo Chi Cong was entrusted with many important positions. Comrade Vo Chi Cong was credited as the soul of revolutionary movement in Inter-region 5. He led troops and people in southern region, especially Inter-region 5, to build forces and defeat the U.S.’s “Special Warfare,” “Joint Warfare,” and “Vietnamization” strategies. In addition, Comrade Vo Chi Cong made numerous strategic recommendations on revolution path in the South for the Central. Especially, he closely followed the situational developments and advised the … [Read more...] about Comrade Vo Chi Cong’s 110th birth anniversary observed
South Korean investors lavish attention on Vietnam
The Korea and Vietnam Economic and Cultural Association (KOVECA) and the Association for Liaison with Overseas Vietnamese, along with ministries and localities, last week jointly held two Vietnam-Korea cooperation forums in both the northern and southern regions with the participation of 30 associations and 50 enterprises from South Korea. PM Pham Minh Chinh greets representatives of the RoK's associations and businesses at the dialogue in Hanoi on July 30. (Photo: VNA) The associations and enterprises are looking for investment opportunities in terms of urban and transport infrastructure, hospitals, renewable energy, high-tech, and career training. Previously, in the framework of a conference connecting the northern province of Thai Binh and South Korea in early July by Thai Binh People’s Committee, coordinated with the Ministry of Foreign Affairs and the Korean Embassy to Vietnam, an investment registration certificate was granted to South Korea’s SMT Company for the … [Read more...] about South Korean investors lavish attention on Vietnam
New foreign capital stutters despite overall deal boost
At a meeting with the leader of the southern province of Binh Duong last week, chairman of Sharp Corporation Yoshihiro Hashimoto revealed an expansion plan in the locality. Investors already with factories in the country are demonstrating that they trust the business climate here, Photo: Le Toan Sharp Group is exploring opportunities in the southern provinces of Vietnam, including Binh Duong, to move the supply chain away from the Chinese market, promoting market diversification and distribution, according to Hashimoto. “In the coming time, Sharp will continue to expand and build one more large-scale factory, oriented to develop high-tech and advanced products,” he said. Binh Duong is assessed as a locality with an attractive investment environment, in line with Sharp’s criteria. The group has two production factories located in Vietnam, at Singapore Industrial Park (VSIP) I and an extended VSIP II. Sharp hopes to be supported in construction land, labour, and … [Read more...] about New foreign capital stutters despite overall deal boost
Webinar connects Vietnamese, Côte d’Ivoire businesses
Delegates attend the webinar (Photo: VNA) Hanoi (VNA) - The Vietnamese Embassy in Morocco and Côte d'Ivoire has recently collaborated with the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency and the Côte d'Ivoire Chamber of Commerce and Industry to organise a webinar connecting businesses of the two countries, and introducing the Vietnamese market. Speaking at the event, Dang Thi Thu Ha , Vietnamese Ambassador to Morocco and Côte d'Ivoire, said that Côte d'Ivoire is one of the leading economies in West Africa and has great potential in economic and trade cooperation with Vietnam. With a population of nearly 26.5 million people, this is a country with strong commodity consumption, but its requirements for product standards are not too strict. Côte d'Ivoire is also rich in natural resources, with an abundant source of raw materials for many manufacturing industries that Vietnam can access and exploit, including some products that Vietnam has been … [Read more...] about Webinar connects Vietnamese, Côte d’Ivoire businesses