Dow jones stock market

One of the reasons that caused the VN-Index to drop by more than 31 percent in the first three months of the year was foreign investors’ capital withdrawal which also created strong pressure on the market, especially large-cap stocks. Particularly, foreign investors net sold more than VND10 trillion in the first quarter of this year or a total volume of 543.6 million shares. Their heavy buying in January encouraged several stocks to make a breakthrough, especially before the lunar New Year. However, in February and March, due to the complicated developments of the Covid-19 pandemic, foreign investors continuously net sold. In March alone, they net sold up to VND8.83 trillion, or 430 million shares. … [Read more...] about Foreign investors net sell more than VND10 trillion in Q1

Finally, gold is always a safe heaven for Asians because they can always buy gold, be their savings big or small. Although gold speculation has become much less profitable than before due to the intervention of the Vietnamese Government in recent years, gold as an investment channel still attracts people’s attention. The problem is the domestic gold market has been now distanced from the world market, which has made gold day-trading much more challenging, especially when the domestic gold price is now about VND5 million per tael higher than the world gold price (a tael equal 37.5 grams of gold). Albeit a safe place for people’s assets, gold is no longer as lucrative as it used to be. Gold is not my favorite investment channel at the moment. Yet to many, it remains a traditional investment channel. … [Read more...] about What to do with our money

‘Thank you’ has attracted famous footballers such as national team members Trần Đình Trọng, Bùi Tiến Dũng and Nguyễn Hoàng Đức from the men's team and Hoàng Thị Loan, Phạm Hải Yến and Chương Thị Kiều from the women's squad. … [Read more...] about Sports people say ‘Thank you’ to medical staff in COVID-19 battle

Domestic airlines reduce flight frequency to fight COVID-19 The Ministry of Transport green-lit the Civil Aviation Authority of Viet Nam’s proposal to limit domestic flights from Ha Noi and HCM City to other cities and provinces to prevent the spread of the novel coronavirus (COVID-19). … [Read more...] about Airlines face hardships as number of flights plummet

A recent survey by Nielsen Vietnam and Infocus Mekong Mobile Panel found that the Covid-19 pandemic has had a strong impact on Vietnamese consumer trends. People have reduced the frequency of their visits to supermarkets and grocery stores by 50 percent and to traditional and fresh food markets by more than 60 percent, it found. … [Read more...] about Online shopping surges on Vietnam social distancing campaign