Emerging bond markets

Total trading volume soared to VND16.16 trillion ($702.44 million), equivalent to an entire average trading day so far in January. VND7.74 trillion worth of these transactions belonged to stocks in the VN30 group of HoSE’s largest caps, whose index also plunged 6.25 percent. … [Read more...] about VN-Index plummets over 74 points

As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about Draft amendments to e-commerce activities law discussed

Retail real estate also witnessed some significant impacts during the year of the outbreak. In Ha Noi, retail space saw vacancy rates increase in both central business district (CBD) and non-CBD area. In CBD, the vacancy rate increased by 12.9 percentage points year-on-year, reaching 14.3 per cent, the highest level since 2011. … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy

Hanoi (VNA) – Vietnam hopes to send 90,000 guest workers abroad in 2021, targeting markets that secure high and stable incomes, according to the Overseas Labour Management Department under the Ministry of Labour, Invalids and Social Affairs. Last year, more than 78,600 workers were sent abroad, accounting for 112.3 percent of the adjusted plan due to COVID-19. Of the total, 38,891 worked in Japan, 34,537 in China’s Taiwan, and 1,309 in the Republic of Korea, and the rest in other countries and territories. Last year, the country aimed to send 130,000 labourers to work abroad. Due to the pandemic, the target was adjusted down to 70,000 workers. The COVID-19 pandemic has delivered a major blow to many countries and territories in the region and the world, including traditional markets receiving Vietnam’s migrant workers. Various firms had to restructure, cut down the number of migrant workers or cancel request to send more workers abroad./. … [Read more...] about Vietnam targets to send 90,000 labourers abroad in 2021