The VN-Index slipped on Wednesday after two-day rally, ending at 1,256.50 points, down 0.19 per cent from Tuesday’s close, on rising profit-taking pressure.
Prime Minister Phạm Minh Chính yesterday chaired a national virtual conference to review six months of implementing a project on the application of a population database, e-identification, and e-authentication.
Việt Nam’s GDP growth is forecast to surge from an estimated 2.6 per cent in 2021 to 7.5 per cent in 2022, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
Liquidity improved significantly last week and has now exceeded the recent 20-week average. This marked the second week of the event, showing that investor interest is improving.
The Vietnamese manufacturing sector remained in growth territory at the start of the third quarter of the year, but there were some signs of demand softening. As such, output, new orders and employment all increased at weaker rates than in June, according to S&P Global.
The Ministry of Agriculture and Rural Development (MoARD) has urged cities and provinces nationwide to set up teams to catch stray dogs in an attempt of curbing dog bite-related fatalities and better manage rabies among domestic dogs and cats.
“Việt Nam’s economy is even stronger than we had expected at the beginning of the year, but that strength is not reflected by higher stock prices due to the [US’s] aggressive rate hikes and the recent regulatory crackdown in Việt Nam,” Michael Kokalari, chief economist at VinaCapital, has said in a report.
Speaking at the ceremony to mark MoNRE's 20th anniversary, Prime Minister Phạm Minh Chính said that environmental resources are an indispensable factor for human survival and development, as well as the sustainable development of the country.
HCM City’s public spending was too low in the first seven months of 2022, hindering its economic recovery from a slowdown due to COVID-19 pandemic, a city official said.
Shares ended the week on a negative note, putting a break on a four-day rally streak, as investors became timid when the VN-Index approached the resistance zone.
Amid increasing pork prices, the Ministry of Agriculture and Rural Development has been implementing solutions to remove difficulties and promote production. Therefore, the livestock industry is expected to ensure supply from now until the end of this year.
Prime Minister Phạm Minh Chính stressed the need to ensure the stability of the macro-economy, markets, politics, and people’s material and spiritual life while chairing a regular government meeting on Wednesday.
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