With fears of a global recession and corporate defaults running high, foreign investors showed no signs of stopping their massive capital withdrawals from emerging markets. On the Vietnamese market, foreign investors continued to be net sellers on the both the HoSE and HNX, further damping investor sentiment. … [Read more...] about Shares recede on worries of foreign selloffs
Globales marketing definition
News of a February study in China about the use of chloroquine for the coronavirus had already sparked lively debate in Lagos, so people began stocking up. … [Read more...] about Coronavirus and chloroquine: Is there evidence it works?
According to CEO and Chairman Ho Quang Hung, the spread of the new coronavirus will definitely hamper market consumption in 2020. Though the firm has taken measures to stop its operation being affected, holding onto cash is now a better option to prepare for potential risks, he said. … [Read more...] about Lamp producer holds onto cash as business hit by virus
Vietnamese economy stays resilient to external shocks: WB While Vietnam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020, according to the World Bank (WB). … [Read more...] about COVID-19 ravages economy of central Vietnam
Up to 72 percent of the respondents to the survey on which the report was based said they will continue to invest in Vietnam, while 27 percent plan to recruit more workers. Some 82 percent said they have been forced to cut revenue growth targets for fiscal year 2020 due to the COVID-19 pandemic. … [Read more...] about German firms optimistic about Vietnam’s mid-term recovery