Stock Market No longer easy gains By Trieu Duong Wednesday, Feb 10, 2021,09:04 (GMT+7) No longer easy gains By Trieu Duong The sudden, shocking correction will definitely affect not only existing investors but also those intending to join the market, which may stall the money flow in the upcoming time - PHOTO: TRAN NGOC LINH After a period of hot growth and extensive cash flows in all markets, the drastic correction in mid-January will force stock investors to become more prudent if they are not to lose all the earnings from the recent strong rally. With the recent strong correction, up to 899 stocks had rallied against end-2020, with 235 stocks posting a price rise from 20% upwards. Of note, up to 40 stocks surged from 50% upwards, and some even recorded a double price rise after only 10 trading sessions of the first two weeks of January 2021. Strong money flows helped investors make easy profit with almost all stocks during the early days of the year, turning the stock market into the easiest money making channels over the past many years. Many new stock accounts have been opened, liquidity has surged and continuously made records, causing frequent overloads during the ends of the trading sessions on the Hochiminh Stock Exchange (HOSE) though the minimum trading lot was raised to 100 shares from the beginning of the year. Nevertheless, these developments seemed to be the warning signals for a correction, which immediately occurred afterwards. The drastic fall of the VN-Index on January 19, 2021 would probably be mentioned many years afterwards, and may have caused quite a big panic among many investors, especially newcomers. The sudden, shocking correction will definitely affect not only existing investors but also those intending to join the market, which may stall the money flow in the upcoming time, especially when there are more warnings against asset bubbles or highly priced stocks. This is …
Start up company definition
URC Vietnam committed to delivering quality
Magic Crackers will give consumers a non-stop exciting experience Vietnam, along with the rest of the world, experienced unprecedented difficulties in 2020 that disrupted all businesses, including the food and beverage category. The crises have changed consumer behaviour, attitude, and purchasing habits – and many of these new habits will become permanent. As a leading player in Vietnam’s fast-moving consumer goods market, URC has led many new initiatives to stay agile and resilient in this new era. The company and its staff have strictly complied with the directions of the government as well as internal hygiene and safety policies to ensure the best state of health and safety for employees, partners, and the community. Moreover, URC is committed to providing products of the highest quality to ensure the wellbeing of its consumers during the pandemic. To facilitate the goal, the company is focused on sourcing fresh materials, adopting unique formulas, and securing international food safety standards for its production processes. URC is also constantly seeking opportunities to innovate the offerings of its core lines of business to adapt to new habits. Specifically, URC has this year introduced new packaging for its products. Impressive gift boxes Filled with a variety of delicious Cream-O biscuits, the brand-new red tin is a great gift for family, friends, and partners to enjoy during Lunar New Year, with red being a popular colour in Vietnamese culture, symbolising luck, joy, and happiness. Meanwhile, the festive eye-catching elements make the packaging design more attractive and liveable. Thus, the limited-edition seasonal tin is designed in red with a view to bring good luck, wishes, health and happiness for Vietnamese customers in the beginning of the New Year. The assortments of Cream-O biscuits and Dynamite candies will definitely bring the excitement of experience for chocolate fans in every bite. In particular, Cream-O …
[Read more...] about URC Vietnam committed to delivering quality
EVFTA creates “ideal” time to grow with Vietnam
How do you think the Covid-19 pandemic has affected Vietnam as a destination for German businesses? Although the pandemic has definitely had a dramatic impact on the world, overall, we are relieved to see that Vietnam is an exception to the global trend. It is remarkable to look at the numbers and see that despite the pandemic situation, the Vietnamese economy is still growing. The implementation of the EVFTA could not have come at a more important time. In a world where normal business operations have been suspended because of Covid-19 and global economic growth is under threat, the EVFTA will help to jumpstart trade and investment between our countries. Experts have predicted a wave of factories moving from China to Vietnam. Do you see this happening with German investors, too? Yes, it is already happening with the China+1 strategy that manufacturing businesses in particular have chosen. As tech-giants have already started to shift their productions from China to Vietnam, it is very likely that this trend will continue and include more sectors. In what areas do you see EVFTA making a marked difference for German companies’ interest and operations in Vietnam? The EVFTA represents a strong vote of confidence in Vietnam by the European Union. The fact that this is just the second free trade agreement signed with an ASEAN member state (after Singapore) shows the high regard in which the EU holds Vietnam, its positive record of reform, and its strategic importance in Asia. The government of Vietnam has made strong progress in creating a more competitive, attractive, and business-friendly trade and investment environment. From the German side, the buyers of electronics and metal products will increase their operations in Vietnam. Vietnam’s emerging manufacturing industry will attract more machinery and appliance companies with sales and knowledge transfer activities. Finally, Vietnam will become an even more inviting destination for …
[Read more...] about EVFTA creates “ideal” time to grow with Vietnam
