VIC of private conglomerate Vingroup, the market’s biggest capped share, slipped one percent, while MSN of food conglomerate Masan Group and VJC of budget carrier VietJet Air dropped 1.7 percent and 1.6 percent respectively. … [Read more...] about Stock market sinks to yet another low
How to enter into share market business
Meanwhile, discussing the difficulties of agribusinesses in accessing land, Dau Anh Tuan, general director of the Legal Department under the Vietnam Chamber of Commerce and Industry, said, “31 per cent of interviewed enterprises said the administrative procedures caused difficulties for businesses. This is higher than those citing taxes, social insurance, environment, or market management as their main difficulties. In addition, the current state price of land is only 20-30 per cent of the market price. Similarly, the prices issued by the provinces are only 30-60 per cent of the local market rates. … [Read more...] about Workshop offers insights on setting up agricultural land market
On the other hand, due to delays in shipment of import and export activities caused by the COVID-19 outbreak, there are challenges for suppliers and traders to produce, distribute and stock goods. This will likely result in an uplift in price, which might demotivate consumer spending during the fight against the COVID-19, the company said. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
New York (VNA) – A 40-strong business delegation from the US will launch an investment promotion programme in Vietnam from March 3-6, aiming to expand trade and investment cooperation in the Southeast Asian country, according to an official from the US-ASEAN Business Council (USABC). In a meeting with Vietnamese Ambassador to the US Ha Kim Ngoc on February 25, USABC Chairman Alex Feldman said the delegation will hold many activities to interact with officials from the Vietnamese Government, ministries and sectors, and work with local businesses and partners. It will also practically contribute to celebrating the 25th anniversary of Vietnam-US diplomatic ties, he added. In recent times, the Vietnamese Embassy in the US has increased economic diplomatic activities to promote investment, trade and tourism cooperation between the two nations. The embassy recently coordinated with a delegation led by Deputy Minister of Agriculture and Rural Development Le Quoc Doanh to work with … [Read more...] about US firms eye stronger investment cooperation in Vietnam
A similar story happens with a 24-year-old girl living in Tan An Hoi Ward of Cu Chi District. The girl, Nguyen Ngoc Huong, has decided to start up with a 10,000-square-meter Asiatic pennywort farm, which is commonly regarded as wild low-profit vegetable in Vietnam. Encountering several obstacles from changing plant, fighting pests and weeds, to persuading customers to change their use habits, the girl was so depressed that she wanted to give up. Yet when realizing that smart applications of technologies and obtained knowledge can help farmers improve their life and develop to the fullest, Huong gave one last try, with the financial aid from the local authorities. From time to time, she did research on the ideal end-product to meet the market’s demands. … [Read more...] about Hi-tech agriculture in HCMC enjoys promising results