“With a sharp decline in the number of tourists from China due to the epidemic, another sharp drop in the number of visitors from South Korea will be a double hit on Viet Nam's tourism, as tourists from South Korea accounted for 29.9 per cent of the total number of visitors to Viet Nam in 2019,” the company said. … [Read more...] about Widespread disease slams the stock market
Stock market seasonality chart
- Vietnam’s export-oriented manufacturing activity and logistics will come under pressure in the short term, especially due to the restrictions on cross-border movement and trade. But with the aggressive responses by the Chinese and other governments, this might be more of a short-term pain. … [Read more...] about Despite epidemic, Vietnam stock market remains resilient
A trader watches stock information on a computer screen. The VN-Index of the Hochiminh Stock Exchange on February 24 lost nearly 30 points at the close - PHOTO: THANH NIEN HCMC – A sell-off on the local stock market today, February 24, dampened investor sentiment, with the VN-Index of the Hochiminh Stock Exchange losing nearly 30 points. … [Read more...] about Strong sell-off hits Vietnam stocks
Regarding the impact of the outbreak in the mid to long term, the company said it could raise the health and hygiene consciousness of Vietnamese consumers, which would drive further development of hygiene products for personal care and home care, including bar soap, handwash, hand sanitizer, household cleaning products, tissues, and others. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
These tickers were immediately followed by three state-owned banking stocks. BID of BDIV and CTG of VietinBank, two of Vietnam’s three biggest lenders by assets, fell 6.5 percent and 5.6 percent respectively, while MBB of Military Bank shed 5.2 percent. … [Read more...] about VN-Index plunges to 13-month low