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Listed companies’ strong performance in Q1 indicates bright outlook in 2021

The Hanoitimes - The daily turnover in Vietnam’s stock market has been extremely high for the last several months, said the head of independent Finish fund manager Pyn Elite Fund. Vietnamese listed companies’ first quarter earnings reports in April will indicate strong earnings growth for many businesses in the year 2021. Petri Derying, portfolio manager of Finland-based Pyn Elite Fund. Source: arvopaperi.fi Petri Derying, portfolio manager of Finland-based Pyn Elite Fund, wrote in a note, discussing the prospect of Vietnam’s economy this year. “Covid crisis is still slowing down many economies, but it is likely, that in the year 2021 we will see strong growth globally due to last year’s poor numbers,” said Derying. According to Derying, there is already evidence of the robust growth in Vietnam’s exports in the first six weeks of the year with a turnover of US$38.57 billion, up 36% year-on-year. “These numbers indicate very strong growth for the whole … [Read more...] about Listed companies’ strong performance in Q1 indicates bright outlook in 2021

Added trade potential for Vietnam with UK-EU deals

Prof. Dr. Andreas Stoffers - Country director, Vietnam The Friedrich Naumann Foundation for Freedom The United Kingdom is an important trading partner of Vietnam. In 2020, trade turnover between the two countries amounted to $6.6 billion. With $5.8 billion in exports, Vietnam’s trade balance was clearly positive, which also underlines the country’s strong interest in reaching an amicable agreement with the UK. In recent years, despite the uncertainties associated with Brexit, the growth of trade relations has been unbroken, averaging 12.1 per cent per annum in 2011-2019. The trade relations between the EU and Vietnam are naturally greater given the fact that the EU is the world’s largest market. In 2019, the EU was the second-most important overseas market for Vietnamese products with a total trade volume of $56.45 billion, of which Vietnam’s exports accounted for two-thirds ($41.55 billion). This is 16 per cent of the country’s total export volume. In 2020, exports to the EU … [Read more...] about Added trade potential for Vietnam with UK-EU deals

Noodle soup with signature crab meatball in Saigon

Located at 4 Phan Boi Chau Street, adjacent to Ben Thanh Market, the food stall was well known as the stomping ground of many foreign visitors, overseas Vietnamese and artists prior to the pandemic. Unlike other versions of crab noodle soup, or bun rieu , the dish here consists of a big chunk of fried tofu, congealed duck blood, a slice of tomato and its huge, signature crab meatball instead of the typically lumpy crab meat with small bite-size pieces on top. It would seem the cook aims to preserve all original flavors pertaining to this dish, allowing guests to enjoy the rich and soft tofu, chewy blood jelly and firm, tasty crab meatball and thin rice vermicelli. The dish is served with a plate of special fish sauce, chili, shrimp paste and tamarind dipping and a plate of fresh split morning glory, mung bean sprouts, thin strips of banana blossom, cilantro and basil leaves. A bowl of noodle soup at "Bun Rieu Ganh" in Saigon. Photo by VnExpress/Huynh Nhi. Mai … [Read more...] about Noodle soup with signature crab meatball in Saigon

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