Phan Dung Khanh, investment consultancy director of Maybank Kim Eng Securities, told tinnhanhchungkhoan.vn that the stock market is forecast to continue quiet trading this week or even lose ground due to weak cash flow and a lack of supportive information. … [Read more...] about Real estate firms drag VN-Index down
Europe 600 oil gas index
Taiwan records its first COVID-19 death as global toll passes 1,600
Mask-clad commuters get off a train at a Mass Rapid Transit (MRT) stop in Taipei following the Chinese New Year holidays. (Photo: AFP) A 61-year-old man from central Taiwan with underlying health problems but no recent overseas travel history died in hospital on Saturday after testing positive for the virus, officials confirmed. … [Read more...] about Taiwan records its first COVID-19 death as global toll passes 1,600
More than 100 released from COVID-19 quarantine in Germany
Medical personnel enter the air force base in Germersheim, near Stuttgart in southwestern Germany, where German citizens evacuated from the Chinese city of Wuhan were held in quarantine. (Andreas Arnold/dpa/AFP) "All the people concerned have been allowed to leave the quarantine zone and rejoin their families," secretary of state for health Thomas Gebhart told a press conference. … [Read more...] about More than 100 released from COVID-19 quarantine in Germany
Foreign banks to arrange funds for LNG-fired power plants
Hanoi (VNA) – PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai. Equipped with the mixed-flow gas turbine technology, the two thermal power plants will be the first in Vietnam using imported liquefied natural gas (LNG). They have a combined capacity of 1,500 megawatts and are being built at Ong Ke Industrial Park, Dong Nai’s Nhon Trach district. The plants are projected to help tackle power shortage in the southern region. PV Power is making every effort to start the work on the power plant chain in early 2021. PetroVietnam’s Nhon Trach 2 plant began commercial operation in 2011 with the capacity of 750 MW and productivity of 5.5 billion kWh per year. The 450KW Nhon Trach 1 plant, which began operation in 2008, generates 2.5 billion kWh per year./. … [Read more...] about Foreign banks to arrange funds for LNG-fired power plants
Viet Nam’s logistics wins in US-China trade war
As the world’s leading logistics company, Agility, ranked 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. The three factors considered in the ranking were: domestic logistics opportunities, international logistics opportunities and business fundamentals. … [Read more...] about Viet Nam’s logistics wins in US-China trade war
