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
Opening japanese bank account
Vietnam primed for credit rating agency to boost bond market
Nguyen Hoang Duong, deputy director-general of the Department of Banking and Financial Institutions under the Ministry of Finance, says Vietnam’s handling of the Covid-19 crisis has boosted the prestige and ranking of its financial market, further underscoring the need for credit rating agencies to improve its openness and transparency. … [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
On the same day, Hoang Anh Gia Lai (HAGL) clashed with Saigon FC in a much anticipated game. While HAGL had made certain additions to their squad, noticeably new coach Kiatisuk Senamuang from Thailand, Saigon employed Japanese football philosophy with its new J1 League recruits. HAGL's three defenders left many holes for their opponents to exploit. As a result, they conceded in the 40th minute. In the remaining time, HAGL failed to equalize, giving Saigon the start they needed for the season. … [Read more...] about First round V. League recap: Rise of the underdogs
Insurance industry continues good trends in 2021
But the demand for health and life insurance products has recovered fairly well after a period of social distancing. The revenue of the segment mainly dropped in the social distancing period in March and April 2020, but then has recovered strongly. According to the Association of Vietnam Insurance, the health and life insurance premium revenue in the first three quarters of 2020 increased by 25.6 per cent and 21.2 per cent, respectively, against the same period of the previous year. … [Read more...] about Insurance industry continues good trends in 2021