Market soars above 1,260 points

Building on the strong momentum from last week's closing session, the market started the new week on a positive note, despite a notable drop in liquidity.

Smart checkpoints to be piloted at Việt Nam-China border gate pair

Deputy Prime Minister Lê Thành Long has approved a pilot project to set up smart border checkpoints on freight transport routes between Border Markers No.1119 – 1120 and No.1088/2 – 1089 at the Hữu Nghị Việt Nam) – Youyi Guan (China) International Border Gate.

SBV sticks to 0% rate to fight off dollarisation

Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the 0% interest rate for deposits made in US dollars, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists.

New land and housing laws expected to better allocate resources for economic growth

Starting August 1, 2024, three key laws - the 2024 Land Law, the amended Housing Law, and the amended Real Estate Business Law came into effect. These laws are expected to significantly boost the land, housing, and real estate markets by improving legal frameworks, removing obstacles, and better allocating resources for economic growth.

Stock market expected to continue recovery in the remainder of the year

The VN-Index may face profit-taking pressure in the early trading sessions next week before attempting to reclaim the resistance level of 1,250 points, while the VN30-Index may require a correction before testing the 1,290-point zone, according to the Head of Analysis at Sài Gòn-Hà Nội Securities (SHS).

SABECO triumphs at 2024 World Beer Awards

Saigon Beer-Alcohol-Beverage Corporation (SABECO) and its all four entries have received awards for their taste and quality as voted by the experts at the 2024 World Beer Awards.

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