According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months
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Vietnam primed for credit rating agency to boost bond market
According to draft regulations on the implementation of the new Law on Securities, issuers of public bonds, whose total bonds outstanding as of the registration of public bond issuance is greater than 100 percent of equity and whose total bond issuance value in the last 12 months is greater than 50 percent of equity, must perform a credit rating. These regulations will create demand for using credit rating service and encourage development of a credit culture. … [Read more...] about Vietnam primed for credit rating agency to boost bond market
New PlayStation hits market ready for battle with latest Xbox
An employee prepares the new Sony PlayStation 5 gaming console for a customer on the first day of its launch, at an electronics shop in Kawasaki, Kanagawa prefecture on November 12, 2020.(CHARLY TRIBALLEAU / AFP) With pre-orders pointing to a record launch, market leader Sony is counting on big-ticket exclusive games like "Spider-Man: Miles Morales" to keep the edge over its US challenger. … [Read more...] about New PlayStation hits market ready for battle with latest Xbox
First round V. League recap: Rise of the underdogs
During Becamex Binh Duong's match with Thanh Hoa FC at home Saturday, American forward Victor Mansaray of the host clashed with the referee, who awarded him a yellow card for trying to buy some time in the last minutes of the game. The incident nearly ended in violence were it not for his restraining teammates. … [Read more...] about First round V. League recap: Rise of the underdogs
Insurance industry continues good trends in 2021
SSI’s report said that among the top 10 leading non-life insurers, only BVH and PVI recorded market share decline in nine months of 2020, while among the top 10 leading life insurers, six including Manulife, AIA, Generali, MB Ageas, FWD and AVIVA succeeded in increasing their market share. … [Read more...] about Insurance industry continues good trends in 2021