The IHS Markit Việt Nam manufacturing purchasing managers' index (PMI) for October 2021 showed a strong rebound in the manufacturing sector, the UK-based market research firm said in a recent analysis published on ihsmarkit.com.
Shares retreated on the Hồ Chí Minh Stock Exchange on Tuesday as selling pressure increased strongly towards the end of the session.
To honour the efforts of businesses during this particularly difficult period of pandemic, Việt Nam News - the national only English-language daily newspaper, Vietnam Plus - the national online newspaper for external information, and Statista - the renowned global business data platform, are collaborating to select and publish the annual list of top growing businesses in Vietnam.
Agriculture is emerging as a vital platform to help the economy cope with the effects of the COVID-19 pandemic. Investing in agriculture with preferential credit for this sector could be an important step towards economic recovery, creating a sustainable source of income for farmers and credit institutions.
HCM City authorities have urged businesses to ensure supply of essential goods and necessities and offer promotion programmes for the Tết (Lunar New Year) holiday while following pandemic prevention measures.
CIMB Bank Vietnam (CIMB) on Monday officially launched the CIMB REVI credit card, which applies video calls in the electronic Know Your Customer (eKYC) process – the lastest banking technology.
.jpg)
The Vietnamese stock market’s valuation is equivalent to 18.2 times 2021’s profit and 14.3 times 2022’s profit forecast, said Fiin Trade, showing that the profit prospects for 2021 are reflected in share prices.
Financing public investment to generate future growth and to speed up economic recovery post-COVID-19 remained Việt Nam's most important challenge in the near future, said economist and policymakers.
In a survey done in August by the Board for Private Economic Development Research, 46 per cent of 21,000 enterprises polled said their financial resources would only enable them to maintain operations for three months or less.
Market analysts forecast that buying demand will stay relatively high and the cash flow is looking for opportunities. Therefore, the VN-Index may continue to set new historical peaks this week.
.)
