Retail market

Large caps performed well on Monday, with the VN30-Index rising 1.89 per cent to close at 821.47 points, as 29 of the 30 largest stocks by market value and liquidity closed in the green. … [Read more...] about Markets soar as bargain hunters snap up bank stocks

Thanks to a sharp rise in global oil prices, gains were also seen in oil and gas stocks like PetroVietnam Gas JSC (GAS), PetroVietnam Technical Services Corporation (PVS), PetroVietnam Drilling & Well Services Corporation (PVD), PetroViet Nam Coating JSC (PVB), and Drilling Mud Joint Stock Corporation (PVC). … [Read more...] about Markets rise on the back of large caps, banks

A report published by the Nielsen Market Research Company indicates that the country is currently one of the retail markets that is enjoying a high growth rate. Furthermore, the signing of the EVFTA will bring about many favourable conditions for the national economy in general, with the retail market in particular enjoying the benefits. Representing "fertile" and potential land over recent times, waves of domestic capital and FDI have continued to pour into the Vietnamese retail industry, with foreign retail groups such as Auchan, Family Mart, Lotte, Central Group, Aeon, and Circle K seeking to penetrate and expand into the domestic retail market. … [Read more...] about Retail industry to face being “swallowed” once EVFTA comes into force

According to a number of experts, despite the EVFTA putting great pressure on the domestic market as well as the distribution system, this can be viewed as a healthy and selective competition which can help with development under an appropriate roadmap. More importantly, because of the economic structure of both sides being highly supplemental, it is anticipated that competition pressure will not be as high as forecast. … [Read more...] about EVFTA implementation increases pressure on domestic market

HÀ NỘI — Shares climbed on Friday morning mainly thanks to a strong boost from brewery company Sabeco (SAB) as the State plans to divest its entire remaining capital in the firm. … [Read more...] about Shares climb on state stake divestment plan in brewer Sabeco