In the portfolio of FTSE Vietnam, only PV Drilling & Well Services (HSX: PVD) fell slightly short of meeting the free-float adjusted market capitalisation requirement, putting the stock at risk of removal. The number of constituents of the FTSE Vietnam index may remain unchanged. In case the number of constituents increases, the most likely candidates are Dat Xanh Group (HSX: DXG) and Ho Chi Minh Development Bank (HSX: HDB). All changes will become effective on December 21 or after the closing of business on December 18, stated KB Securities. … [Read more...] about FTSE Vietnam and MVIS December portfolio rebalancing: Which companies benefit?
Purchasing managers index
“The Vietnamese real estate market will only become more attractive for international developers and funds in the coming years. Moreover, with great efforts from the central government, the current legal system has become more transparent and will continue to be so. This is a key factor which will continue to speed up foreign investment in the economy,” said Tiong. … [Read more...] about Developers’ commitment to Vietnam illustrating strengths
Thanh Hoa (VNA) – Measures to improve skills of workers at cooperatives were discussed at a recent forum held in the central province of Thanh Hoa. The event, held by the Vietnam Cooperative Alliance (VCA) in collaboration with the Ministry of Labour, Invalids, and Social Affairs and the International Labour Organisation, drew the participation of representatives from cooperative alliances from 31 cities and provinces nationwide. Experts said the cooperative alliances at all levels need to organise short-term training courses for members of the governing board, helping them gain better management skills, build rational business and production strategies, and acquire IT application. Besides, policies and mechanisms should be completed to optimise capacity and strengths of the labourers, while development of cooperative models for women must gain special attention. According to International Labour Organisation Vietnam Director Lee Chang-hee, cooperatives play an important role … [Read more...] about Cooperatives’ workers need better skills: forum