Vietnams stock market

Stock traders are at work at HCMC Securities Corporation. The VN-Index inched up 0.09% on February 19 - PHOTO: THANH HOA HCMC – Backed by strong cash flow, many small and speculative stocks soared today, February 19, leading the VN-Index on the Hochiminh Stock Exchange to inch up after three consecutive sessions of losses. … [Read more...] about Speculative stocks keep VN-Index afloat

According to the Vietnam Cashew Association, at this time, the cashew industry still has official export orders to China, as goods are transported by sea so exporting is not affected as much as transporting by land. Export orders remain stable for enterprises that choose official export, meeting requirements of traceability, label and packing under international standards. Sharing the same opinion, Mr. Luong Van Tu, Chairman of the Vietnam Coffee - Cocoa Association, said that products must be produced following safety standards to meet the requirements of the global market, avoiding putting all eggs into one basket. It is important to focus on developing the value chain. Enterprises survey export markets to meet the requirements of importers, then collaborate with farmers to change farming methods. Amid the situation that many enterprises were canceled contracts by farmers, Mr. Vo Quan Huy, Director of Huy Long An Company, which specializes in exporting bananas to many countries, … [Read more...] about Agricultural sector should aim at value chain, official export

Another ride-hailing driver Tran Anh Tuan said that drivers will struggle to meet the new requirements as many of them took up loans to finance their ride-hailing business. Freelance drivers might pull out of the ride-hailing platforms due to lower incomes, which will increase unemployment rates and so indirectly impact the country’s economic growth, state budget, and social wellbeing. … [Read more...] about Confusion over proposal to install taxi sign on ride-hailing cars

The researchers believe that the impact of the COVID-19 epidemic on Vietnam’s economy will be significant because of the rapid spread of coronavirus, Vietnam’s geographical location, and China's position as Vietnam’s leading economic and trade partner. … [Read more...] about Eight business fields to suffer most from Covid-19

However, the promotion of rail fares was not attractive enough to passengers, partly because of the continuing epidemic, partly because fares of other means such as aviation and road were also discounted, said VR. — VNS … [Read more...] about Nearly 40,000 train tickets returned due to Covid-19