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
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The world is currently teetering on the brink of the global health crisis. This pandemic was the trigger of the downturn, but certainly not the cause, which lies much deeper. After the longest economic boom of modern times after 2008, many seemed to have forgotten that economic crises have always been and still are quite normal. As in the past, there will be winners and losers. It will depend on how countries will deal with the crisis and what economic policy measures will be taken. Vietnam is presenting an interesting package of measures. Can it serve as a model? The world is currently teetering on the brink of the global health crisis. This pandemic was the trigger of the downturn, but certainly not the cause, which lies much deeper. After the longest economic boom of modern times after 2008, many seemed to have forgotten that economic crises have always been and still are quite normal. As in the past, there will be winners and losers. It will depend on how countries will deal with … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?
Crowded lake falls silent three days into social distancing policy No local residents could be spotted participating in their morning exercise around Hoan Kiem lake, also known as Sword lake, in Hanoi capital on the morning of April 4, three days after the order on social distancing came into force. … [Read more...] about Quang Ninh gets tough on social distancing violations
The founder and CEO of TCT, Henry Shterenberg, worked with several casinos eventually forming a consortium to offer a range of benefits and support a global membership program with a focus on the luxury life, benefits and privileges. Mr. Shterenberg is the President of The World Trade Centre, Kyiv, Ukraine. He was Chairman of international think-tank Horasis Ukraine in 2018 and is an entrepreneur and advisor on the international and blockchain economy. … [Read more...] about The Club Token: Global Luxury Club Membership Launches
European companies lauded the government measures to contain the pandemic and keep the economy going. Photo: Le Toan The BCI is a regular barometer of how European business leaders see the trade and investment environment in Vietnam and the prospects of their own enterprises. Each quarter, the chamber asks its members to answer a range of questions covering issues such as their investment plans, revenue projections, and workforce levels. … [Read more...] about European enterprises welcome Vietnam’s COVID-19 action despite blow to business