Notably, 62 percent of this cash flow went into stocks off the VN30, a basket of market’s 30 largest capped stocks, which usually accounts for more than half of total trading each session. The VN30-Index this session added 0.7 percent, with 13 gainers and 14 losers. … [Read more...] about VN-Index gains narrow in fifth straight gaining session
Merrill lynch private banking and investment group
The Ho Chi Minh Stock Exchange (HoSE), Vietnam’s main bourse on which the VN-Index is based, saw 286 tickers gaining and 99 losing. Total trading volume was VND7.35 trillion ($315.92 million), making Monday one of the busiest trading sessions so far this year. … [Read more...] about Blue chips highlight VN-Index’s third straight gaining session
In a press release yesterday, SBV said the increase of gold prices was due to the increasing demand for investment in gold as a safe asset in the current period. Many governments and central banks implemented economic stimulus packages to limit the negative impact of the COVID-19 pandemic on the economy. … [Read more...] about Gold prices go up, VN central bank commits to stabilise market
State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment. The total investment capital transferred abroad reached $3.8 billion and the profit $270 million. … [Read more...] about How are SOEs’ outward investment projects performing?
Ciputra Group (Indonesia) has been implementing many projects in Vietnam, including Nam Thang Long Urban Area Ciputra Hanoi (1996) - the first large-scale real estate project in Vietnam. It’s considered as one of the most modern closed urban areas in Hanoi, with an initial registered investment capital of 2.1 billion USD. In photo: Prime Minister Nguyen Xuan Phuc receives President of Ciputra Group, Budiarsa Sastrawinata, during the Prime Minister’s visit to Indonesia, October 12, 2018 (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development