Market edges higher on the back of large-cap stocks

Việt Nam's stock market rose on Friday as investors still focused on banking and real estate sectors. 

Delegates to National Party Congress to be tested for COVID-19  All delegates at the 13th National Party Congress will be tested for COVID-19 twice from January 18-23, Director of the Hà Nội municipal Health Department Nguyễn Khắc Hiền said during an online meeting on Thursday. 

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Export turnover via An Giang’s border gates hits US$1.31 billion in 2020 Export turnover through border gates in the Mekong Delta province of An Giang exceeded US$1.31 billion in 2020, a year-on-year increase of 8 per cent, according to the provincial Department of Customs.

Huge volume of new shares, record liquidity put HoSE system under pressure The HCM City Stock Exchange (HoSE)’s technical system was under significant pressure with billions of new shares recently listed and to be listed on the bourse and huge cash inflow which boosted the market liquidity to record high levels.

Exporters complain as cost for containers skyrockets During the last three months, the cost to hire a 40-foot container increased to US$8,000, even to $10,000 in certain cases, from less than $1,000 at the beginning of 2020. It has sharply driven up expenses for exporters and raised concerns over a lack of transparency and inadequate price management of containers, said businesses during a meeting in Hà Nội with the Vietnam Maritime Administration (VMA).

Việt Nam eyes annual productivity growth of 7.5% by 2030 Việt Nam expects annual growth of labour productivity to exceed 7.5 per cent by 2030, according to a master plan on enhancing productivity based on science, technology and innovation for 2021-30 recently issued by Prime Minister Nguyễn Xuân Phúc.

Market ends mixed, VN-Index recovers from morning loss The benchmark edged higher on Thursday on the back of banking and real estate stocks, recovering from the morning session loss, while the HXN-Index ended lower. 

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