Twitter Inc has approached TikTok’s Chinese owner ByteDance to express interest in acquiring the U.S. operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter’s ability to put together financing for a potential deal. … [Read more...] about Twitter expressed interest in buying TikTok’s U.S. operations: sources
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The net selling value reached a record high in March. Even when the market rebounded strongly in April, foreigners' net selling value was still high. However, VDSC expected this is not likely to repeat this time, due to (1) dollar liquidity is guaranteed by the Federal Reserves (Fed), (2) the Vietnamese dong (VND) has not fluctuated much against USD and the State Bank of Vietnam (SBV), the country’s central bank, is willing to stabilize the foreign exchange market. … [Read more...] about Vietnam stock market predicted to be resilient amid Covid-19 resurgence
The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Last year, the M&A market was worth a total of US$4.95 billion from 157 deals, a rise of 5.3%t in value compared to the previous year. Despite the decrease in the number of deals, the large transactions helped keep the market value at a stable level. … [Read more...] about M&A market boasts huge development potential
"Hanoi has recorded nearly 100,000 returnees from Danang, now the largest epicenter of Covid-19 in Vietnam, between July 15 and 29, thus thousands of people need to be tested for coronavirus using RT-PCR," said Deputy Director of the Hanoi Department of Health Tran Thi Nhi Ha. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia August 9