Year end marketing report

Vietnamese businesses are urged to combine annual reports with sustainable development reports to make their shares more attractive to investors (Photo: ttvn.vn) Hanoi (VNS/VNA) - Listed companies should find a way to include sustainable development in their business strategies as they seek to improve operations, experts said on September 30. Doing so will make the business more attractive to potential investors and shareholders as they now pay more attention to green business strategies, according to Tran Thi Thanh Tu, head of the financial-banking department at the University of Economics and Business under the Vietnam National University. As companies look for financing sources from green investors, it will make their business more profitable and reputable in the long term, she told a seminar on green finance and sustainable development. However, many of the 200 surveyed companies do not care about sustainable development and green finance as they consider the two things … [Read more...] about Annual sustainable development reports are a necessity

VAMA members sold 230,334 cars in the first nine months of 2019, a year-on-year rise of 18 percent. (Illustrative image. Source: VNA) Hanoi (VNA) – The automobile market is expected to set a new record in sales this year with VAMA members and TC Motors selling an average nearly 32,000 cars each month in January-September. The Vietnam Automobile Manufacturer Association (VAMA) reported on October 10 that its members sold 230,334 cars in the first nine months of 2019, a year-on-year rise of 18 percent. Sales of passenger cars rose by 30 percent to 168, 994 units, while that of commercial and special-purpose ones went down by 3 percent and 27 percent respectively, to 57,523 and 4,117 units, according to the VAMA. Besides VAMA members, such brands as TC Motor, Audi, Jaguar, Land Rover, Subaru, Volkswagen and Volvo are also present in Vietnam. TC Motor, for example, sold a total of 55,473 vehicles of all kinds in January-September. From now to the year’s end, the … [Read more...] about Automobile market can set new sales record

  A Military Bank (MBBank) office. The bank shares jumped 3.1 per cent following its Q3 profit report. — Photo baodautu.vn HÀ NỘI — Vietnamese shares scored higher on Monday as investors were eased by positive statements from the US and China about their trade relations. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange edged up 0.17 per cent to close at 993.57 points. It rose as much as 0.54 per cent during the day. The VN-Index gained total 0.43 per cent last week. Progress of the US-China trade talks helped keep investors’ sentiment positive in the first trading day of the week, Sài Gòn-Hà Nội Securities Co (SHS) said in its daily report. The US and China held a two-day discussion ending Friday (local time) in Washington and both sides came up with positive statements, showing their willingness to resolve the trade war. That helped shoot US stocks up strongly on Friday. But marketwatch agencies and … [Read more...] about Trade news, profit report boost VN markets up

Illustrative image (Source: VNA) Hanoi (VNA) – The Vietnam Textile and Garment Group (Vinatex) has projected its export turnover to reach 2.89 billion USD in 2019, up 1 percent from last year and meeting 97.6 percent of the yearly target. The group said its member companies together shipped overseas about 2.06 billion USD worth of products in the first nine months of the year, fulfilling 70 percent of the yearly target and recording an annual increase of 2 percent. By the end of September, most of them were yet to secure enough orders for the remaining of the year. Its key members like May 10, Duc Giang, Hoa Tho and Hanosimex reportedly obtained orders only until November, with the exception of Viet Tien. Customers were said to avoid long-term orders and try to reduce prices, eating into the firms’ profit. The yarn market, meanwhile, witnessed a sharp decline in both demand and prices between the end of 2018 and the first quarter of 2019. It is yet to bounce back. … [Read more...] about Vinatex’s exports likely to fall short of yearly target

Corporate Bamboo Airways to list on stock market next year The Saigon Times Daily Tuesday,  Oct 15, 2019,15:10 (GMT+7) Bamboo Airways to list on stock market next yearThe Saigon Times Daily A Bamboo Airways aircraft. The carrier is going to list on the local stock market in January 2020 - PHOTO: BAMBOO AIRWAYS HCMC – Bamboo Airways plans to float 400 million shares on the local stock market in January 2020 at the earliest, the local media reported. Nguyen Khac Hai, deputy general director of Bamboo Airways, said the shares will be tradable on either the HCMC or the Hanoi stock exchange next year. The starting price will range from VND50,000 to VND60,000 per share. Speaking to Bloomberg, Bamboo Airways Chairman Trinh Van Quyet noted that the company expects to raise some US$100 million from the initial public offering. The carrier’s registered capital will increase to roughly VND4 trillion from VND2.2 … [Read more...] about Bamboo Airways to list on stock market next year