The fund will reduce its ownership at residential property firm Vinhomes (VHM), aviation firm Vietjet (VJC), consumer staples firm Masan (MSN), PetroVietnam Power (POW), sugar company Thanh Thanh Cong-Bien Hoa JSC (SBT), and electrical firm Gelex (GEX). … [Read more...] about Vietnamese stocks to struggle with increased caution
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Stock market plummets, $10 billion lost
New entity to invigorate Vietnam’s stock markets With general optimism well-founded for Vietnam’s stock market building in the past year, there is now significant anticipation for 2021 with the arrival of a new entity to run the country’s exchanges. … [Read more...] about Stock market plummets, $10 billion lost
Domestic market must take advantage of e-commerce: minister
In 2010, Viet Nam had about 8,500 markets, more than 500 supermarkets and nearly 100 trade centres. Those figures surged to 1,085 supermarkets and 240 trade centres while the number of markets remained stable by 2019. Thousands of modern convenience and specialised stores operating under as chains are growing quite rapidly in big cities. Thanks to the developed commercial infrastructure, goods have been transported quickly from the countryside to the city to reduce distribution intermediaries. … [Read more...] about Domestic market must take advantage of e-commerce: minister
Shares struggle to stay positive, VN-Index surpassing 1,130 points
On the other side, Hoang Huy Investment Financial Services JSC (TCH) and Thanh Thanh Cong - Bien Hoa Joint Stock Company (SBT) were the two biggest losers with a drop of more than 2 per cent. SSI Securities Inc (SSI), Vincom Retail (VRE) and Sacombank (STB) both fell more than 1 per cent and Vietinbank (CTG) were among the other losers. … [Read more...] about Shares struggle to stay positive, VN-Index surpassing 1,130 points
VIETNAM BUSINESS NEWS JANUARY 20
At Trang Airport, there have been quite small numbers of passengers. However, strict COVID-19 prevention measures have still been in place. The Trang Airport Director said the new wave of COVID-19 infections has led many provinces to control passenger numbers in and out of the region, and people are asked to refrain from traveling between provinces. As a result, the number of passengers using Trang airport has decreased. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
