VN stocks jump on 2019 earnings outlook
Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained positive on 2019’s corporate performances.
Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained positive on 2019’s corporate performances.
HDBank and Vietjet can become top businesses not only in the country but also the region and world, National Assembly Chairwoman Nguyễn Thị Kim Ngân said while visiting the two companies on Monday.
State budget revenue was estimated at a total of VNĐ144.6 trillion (US$6.15 billion) in January, representing a rise of 7.5 per cent over the same month of 2018.
The Vietnam Bank for Agriculture and Rural Development (Agribank) must resolve all non-performing loans kept at the Việt Nam Asset Management Company (VAMC), said deputy PM Vương Đình Huệ.
The central city of Đà Nẵng welcomed 328,810 visitors during the nine-day Lunar New Year (Tết holiday) festival 2019 (February 2-10), a year-on-year increase of 10.7 per cent according to the municipal Department of Tourism.
The Vietnamese stock market was Southeast Asia’s most successful market in 2018 in terms of capital mobilisation, said Deputy Prime Minister Vương Đình Huệ.
The Ministry of Transport plans to rush the implementation of the North-South expressway project in 2019, said Minister of Transport Nguyễn Văn Thể.
Experts recently argued that because public debts are rising, private companies should carry out infrastructure projects without Government guarantees. So are the Government’s sovereign guarantees necessary anymore, when the country still needs capital for infrastructure development?
Việt Nam is at the top of the list of markets that could benefit from trade diversion coming from US-China trade tensions, building on its increasing competitiveness in manufacturing, according to Phạm Hồng Hải, CEO of HSBC Việt Nam.
The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Trường Hải Automobile Company (Thaco), Thành Công Group, VinFast and others.
Vietnamese shares soared in the first trading session after returning from the one-week Tết (Lunar New Year) holiday, driven by positive investor sentiment.
Viet Nam’s securities market has plenty of opportunities to be promoted from a frontier market to an emerging market this year.
Experts forecast that the pressure on exchange rates would not be huge in 2019 with little change for significant volatility.
The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Việt Nam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Straits Times.
Many agricultural export companies have resumed work even before the end of the Lunar New Year.
Registering for and protecting geographical indication (GI) for Vietnamese specialities are needed to protect, add value to unique products and promote their exports, experts have said.
Industrial zones in the Mekong Delta city of Cần Thơ attracted a total registered investment capital of US$112 million last year, 12 per cent higher than the annual target, according to the municipal Industrial Zones and Processing Zones Management Board.
The HCM City consumer market was steady during Tết (Lunar New Year) holiday, according to the city Department of Industry and Trade.