Strong buy stocks

The jack-up rig PV Drilling VI. PV Drilling climbed up to 7 per cent yesterday, supporting the market's bullish trend.- Photo pvdrilling.com.vn On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index settled higher, ending its four-day losing streak. The index surged 19.61 points, or 1.68 per cent, to 1,188.88 points. The market's breadth returned to a positive zone with 318 stocks gaining points, of which 50 stocks hit the biggest daily increase of 7 per cent, while 153 stocks declined. However, liquidity remained at a low level, of which the matching value on the southern bourse was just VND8.86 trillion (US$381 million), equal to a matching volume of 380 million shares. The index's reversal was driven by the improvement of risk appetite. The VN30-Index rose 13.41 points, or 1.09 per cent, to 1,240.58 points. Twenty of the 30 biggest stocks in the VN30 basket inched higher on Thursday, of which two stocks registered the maximum intraday gain of 7 per … [Read more...] about VN-Index rises sharply on back of high risk demand

Tourists visiting Hue City in Thua Thien-Hue Province should stand next to the Huong (Perfume) River and take a deep breath, while listening to the honeyed voice of Hue residents. They will truly feel how lovely Hue is. Hue’s climate is so special. It is scorching in summer, which lasts from March to August, while temperatures plunge in winter and turns quite cool in spring, which is from January to March. The rainy season in Hue, located in central Vietnam, lasts from October to January. Thuy Xuan Incense Village is a popular destination for the youth in Hue. Situated on Huyen Tran Cong Chua Street and around seven kilometers from the center of the city, it takes 15 minutes to travel to the village by motorbike. The village attracts tourists with colorful incense bunches. Tourists can buy conical leaf hats and use them as an accessory to take photos or give them as a souvenir. Photo: Ngoc Quyen / Tuoi Tre Tourists from large cities can come to Hue by plane, … [Read more...] about Picturesque nature, delicious food call tourists to Hue

Land split into lots for sale. The real estate market was slowing down on the tightening of credit flow into certain segments. — VNA/VNS Photo As moves are taken to control the credit flow into certain segments, while localities seek to tighten the land lot split, the real estate market could slow down, but experts remain divided on the risk of the bubble bursting. In recent years, land prices increased rapidly despite the impact of the COVID-19 pandemic. According to a report by the Department of Housing and Real Estate Market Management under the Ministry of Construction, land prices, especially in localities planning or developing infrastructure saw whopping increases. The moves to control credit flow into the real estate sector and land lot split were cooling the market, with falling liquidity but prices staying at high levels. A report by real estate portal batdongsan.com.vn showed that searches for property on sale via the portal in the first five months of this year … [Read more...] about Real estate market slowing down, experts divided on bubble risk