The large-cap basket also witnessed a strong decrease of more than 3 per cent. The VN30-Index fell 3.09 per cent to 1,118.59 points. Only two of the 30 largest stocks posted a rise, while 28 stocks declined. The two stocks which recorded a gain this morning, were property developers including Nova Land Investment Group Corporation (NVL) up 0.13 per cent and FLC Faros Construction JSC (ROS) up 0.88 per cent. … [Read more...] about Market plunges on selling pressure
Naspers invests 89m in emerging markets car auction start up
Indian investment in Vietnam yet to match potential: official
Don Lam, deputy head of Vietnam’s Private Economic Development Research Board, said that the two countries are seeing positive figures in trade relations with Vietnam’s imports from India rising 65 percent between 2017 and 2020 to reach $4.5 billion. … [Read more...] about Indian investment in Vietnam yet to match potential: official
Job market expected to pick up in 2021
Another sector with bright employment prospects is the insurance industry. Since a number of life insurance companies have signed exclusive contracts with commercial banks in bancassurance, they are in need of recruiting consultants to work full time. … [Read more...] about Job market expected to pick up in 2021
Vingroup may break into US market through acquisition of LG smartphone business
LG's smartphone business wished to aid Vingroup's penetration to the US The Asian media is in a huge stir over the rumoured take-over deal in the making between the Vietnamese giant and LG Electronics, the fourth biggest “chaebol” in South Korea. … [Read more...] about Vingroup may break into US market through acquisition of LG smartphone business
VIETNAM BUSINESS NEWS JANUARY 26
VinFast estimated it sold a total of 29,485 vehicles in 2020, including 18,016 Fadil cars, 6,013 Lux A2.0 cars and 5,456 Lux SA2.0 models. From 2022, VinFast plans to introduce two more gasoline-powered cars and three electric models, expected to account for 30 per cent of the car market share in Viet Nam. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26