Stock market dives, profit taking rises in banking, consumer and energy sectors
Vietnamese shares wiped out early gains to collapse on Tuesday, dragged by banking, consumer and energy sectors on stronger profit taking.
Vietnamese shares wiped out early gains to collapse on Tuesday, dragged by banking, consumer and energy sectors on stronger profit taking.
With its outstanding achievements over the past three decades, Việt Nam is a development success story and continues to perform well even amid the pandemic on a range of indicators, including trade, growth and human capital, Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank, has said.
Bạc Liêu ranked first among 63 provinces and cities in term of foreign direct investment (FDI) attraction in the first nine months of this year, with projects including an LNG-to-power project worth US$4 billion from Singapore, according to the Foreign Investment Agency (FIA).
Many Vietnamese textile and garment products may face safeguard duties in 2020 from the Eurasian Economic Union (EAEU) as the export volume to this economic bloc is at the risk of exceeding the trigger in the Việt Nam-EAEU free trade agreement.
MEATDeli Sài Gòn Co., Ltd, a subsidiary of Masan MEATLife, has completed construction of a meat processing plant in Long An Province and will commission it next month.
Prime Minister Nguyễn Xuân Phúc recently signed a decision on the establishment of the coastal Quảng Yên Economic Zone in the northern province of Quảng Ninh.
Vietnamese shares rebounded on Monday as market sentiment remained positive, following a new decree released last week to cut tax for virus-hit businesses.
A total of 214 stocks listed on HoSE, or 55 per cent of the total, have still shown good performance despite the local market’s downturn.
Vietnamese markets are forecast to experience some volatility with alternate corrections while moving upward next week, with strong support from heavy-weight stocks.
Deputy Prime Minister Trương Hòa Bình attended the groundbreaking ceremony of Becamex VSIP Bình Định industrial, urban and service zone on Sunday in the southern province of Bình Định.