“Wuhan is a centre which supplied input materials for production at factories in Taiwan and Malaysia. This affects the supply chain in markets where we send laborers to work," he told Thời báo kinh tế Sài Gòn (Saigon Times) newspaper. … [Read more...] about Labour export companies hit hard by COVID-19 pandemic
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Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
According to the Vietnam Securities Depository (VSD), once the T+0 system takes effect, it could boost trading liquidity and benefit both investors and securities firms, especially when the market vulnerable to the volatility of the global markets amid fears about the instability of economic and political relations and the spread of coronavirus. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 8
I am convinced that Vietnam will emerge stronger from this crisis with a prudent monetary and fiscal policy. The role of the Vietnamese economy in the world will grow. In view of the foreseeable fall in asset prices, particularly in the EU, good investment opportunities will arise for Vietnam within the framework of the ratified EU-Vietnam Free Trade Agreement. In any case, free trade will help all participating nations to get back on their feet more quickly. So far, it seems that the current Vietnamese crisis policy can indeed serve as a role model for others. … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?
The government has also barred entry and transit of foreigners from all countries, except for those holding limited or permanent resident status and diplomats and other officials with valid permits, though they will remain subject to health screening protocols. … [Read more...] about Indonesia’s capital to impose large-scale social restrictions