Vo from BlueScope commented that in order to support the business community to overcome this difficult time, in addition to the financial measures which are being implemented by the government, it is necessary to focus on supporting enterprises, for example to freeze and extend due debts and support land rental costs. “Those can be achieved via adjusting policies on reducing income tax for workers and enterprises. As a result, enterprises can survive and overcome the pandemic, stabilise jobs for workers, and prepare to enter a growing phase after the outbreak is under control,” he said. … [Read more...] about Maintaining business stability a top task for foreign investors
What are foreign exchange markets
Mr. Troy Griffiths, Deputy Managing Director of Savills Vietnam, said: “Globally, financial markets have been experiencing considerable volatility: stock markets have fluctuated with wide daily amplitude, the volatility index has reached the high level since the 2008 financial crisis, market liquidity has been exhausted, etc.”. … [Read more...] about Novaland attractive to foreign investors, why?
Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
On Wednesday, the pillar stocks witnessed strong differentiation with gainers were real estate developer Vinhomes (VHM) (up 6.1 per cent), Bank for Investment and Development (BID) (rising 2.6 per cent), Masan Group (MSN) (up 2.4 per cent) and PVPower (POW) (up 6.9 per cent). … [Read more...] about Shares rebound on increasing demand but worries remain
Among other stocks on the HoSE's list are Agribank Securities Co (AGR), brewer Habeco (BHN), Dien Quang Lamp JSC (DQC), the Vietnam Rubber Group (GVR), agriculture firms Hoang Anh Gia Lai (HAG) and HALG Agrico (HNG), Vietnam-Italy Steel JSC (VIS) and media group Yeah1 (YEG). – VNS … [Read more...] about Vietnam Airlines shares unavailable for margin lending