In 2009, when the VN Index soared from 324 points to the year's peak of 630 points, the richest stock billionaire had total assets worth over VND9 trillion. But now, one needs to have much more to be listed among the top billionaires. KBC price hovers around VND14,950 per share. With 75 million KBC in hands, Tam now ranks 53rd on the list of top billionaires. … [Read more...] about How much is needed to be listed among the top stock billionaires in Vietnam?
The agenda of SOM 1 was based on the three priorities, focusing on such issues as accelerating regional economic integration, reviewing the realisation of Bogor goals and building APEC’s post-2020 vision that will be submitted to the APEC Economic Leaders’ Meeting scheduled for November. … [Read more...] about Vietnam attends APEC SOM 1 in Malaysia
The SBV's order follows Prime Minister Nguyen Xuan Phuc’s directive for ministries to help businesses cope with the economic fallout from the coronavirus outbreak Nevertheless, Hung of the SBV stated that the central bank is not planning any cuts in its policy interest rates at the moment due to the lower demand for lending and high ratio of liquidity at banks. … [Read more...] about SBV orders banks to cut or delay interest payments to cushion economy
The EU is the largest market of TNG, accounting for 54 per cent of sales, while it makes up 40 per cent of GMC's total revenue. For TCM, the EU currently contributes only about 5 per cent of sewing revenue, however, with 60-70 per cent material autonomy, TCM is expected to meet EVFTA rules of origin. … [Read more...] about Rules of origin trip up garment and textile opportunities from EVFTA
Vo Anh Tai, Deputy General Director of Saigontourist, said that the company has been implementing the stimulus program since the beginning of February by strengthening connectivity with service units, culinary restaurants, and accommodation facilities in the southern city. … [Read more...] about Tourism businesses offer huge discounts to stimulate domestic demand