This is the strongest single-session decline in the HoSE’s 20-year history in absolute value, and erased all accumulated gains of the VN-Index since the beginning of the year up to now. The market only had 38 stocks remaining in green, while those in the red exceeded 440. … [Read more...] about VN-Index plummets over 74 points
Emerging market bond etf
Draft amendments to e-commerce activities law discussed
In addition, the draft decree also eliminated the participation of the group of investors, which are foreign investment funds, which are one of the types of investors with abundant capital and experience to support local businesses to develop strategies, operations and human resources. … [Read more...] about Draft amendments to e-commerce activities law discussed
New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
“In upcoming years, proptech, big data and technology will play critical parts in analysing and understanding the buyers, helping developers to capture the demand and seize new opportunities, as much as disrupting and challenging any outdated approach to market products.” … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
Economist: VN-Index does not reflect the economy
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
Vietnam targets to send 90,000 labourers abroad in 2021
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