VN-Index retreated on Thursday as correcting pressure in some market-leading blue-chips weighed on the index.
HCM City’s exports are still growing, but slowing down, and so it needs to take measures to boost them if it wants to retain its position as the country’s economic hub, a conference heard yesterday.
The Ministry of Information and Communication (MIC) will soon announce a roadmap for full termination of the second generation network (2G) technology to release broadband support for 3G, 4G and 5G.
Shares of the Vinaconex Water Supply Joint Stock Company (Viwasupco) fell sharply on Thursday after a series of reports about poisoned tap water, which cut VNĐ127 billion (US$5.4 million) from the company’s market capitalisation in one day.
Amidst these uncertainties, Việt Nam has emerged as a prime alternative manufacturing location in Asia.
Masan MEATLife, a subsidiary of Masan Group, has set itself an ambitious medium-term revenue target from branded chilled meat products of US$1 billion and for it to account for 50 per cent of total revenues.
The price of pork is expected to increase in the last months of 2019 and before the Lunar New Year in 2020 because African swine fever has caused the supply of pork to drop.
More than 40 US exporters and trade associations are visiting Việt Nam from Tuesday to Friday to seek agricultural export opportunities in “one of the fastest-growing regions in the world”, a US official said.