PM Pham Minh Chinh checks construction site in Hoai Duc outlying district (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh inspected the construction work of Ring Road No.4 in the Hanoi Capital Region on January 27. The road is about 112.8km long, with around 58.2km in Hanoi, nearly 19.3km in Hung Yen and some 35.3km in Bac Ninh. State budget , over 28.19 trillion VND from local budget and the remainder from build-operate-transfer (BOT) venture. PM Chinh asked the Government Office to partner with ministries and agencies concerned to deal with problems faced by the project, under the directions of Deputy PM Tran Hong Ha. VNA … [Read more...] about PM inspects construction of Ring Road No.4 in Hanoi capital region
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Foreign investors remain optimistic about Vietnamese stock market
Foreign capital is expected to continue to flow into the stock market as foreign investors' confidence remains strongly.(Photo: VNA) Hanoi - From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year. In 2022, this group net disbursed more than 29.2 trillion VND (1.2 billion USD) to the market, while it has net sold nearly 18.8 trillion VND and set a record net selling value of over 62.2 trillion VND in 2021. In November alone, more than 16 trillion VND in net disbursed cash flow from foreign investors was significantly supported by exchange-traded fund (ETF) capital inflows into the market, primarily from the Fubon ETF and the VNDiamond Index-based ETF. A study by BIDV Securities Company (BSC) analysing over 50 billion USD owned by foreign investors on the Vietnamese stock market showed that more than half of foreign … [Read more...] about Foreign investors remain optimistic about Vietnamese stock market