The US fund is investing in some large-cap stocks such as property firms Vingroup (VIC), Vinhomes (VHM) and Vincom Retail (VRE), dairy firm Vinamilk (VNM), steelmaker Hoa Phat (HPG), Vietcombank (VCB), consumer goods producer Masan (MSN), aviation business Vietjet (VJC), brewer Sabeco (SAB), and PetroVietnam Gas (GAS). … [Read more...] about Market steadies amid ETF quarterly review
Hanoi (VNA) - Vietnam reported a trade surplus of 1.9 billion USD in the first five months of this year amid the ongoing complexity for global markets caused by the COVID-19 pandemic. According to the General Statistics Office (GSO), export turnover reached 99.36 billion USD, down 1.7 percent year-on-year. The domestic sector’s export value was 33.3 billion USD, up 10.4 percent compared to the same period last year, while the FDI sector’s exports, including crude oil, were valued at 66.06 billion USD, down 6.9 percent. Commodities seeing strong growth in export value during the period included machinery, equipment, tools, and spare parts with 25 percent; computers, electronic products, and components with 22.1 percent; rice with 17.2 percent; coffee with 2.9 percent; and cashew nuts with 2.2 percent. Those with declining turnover were telephones and components (8.8 percent), textiles (14.5 percent), footwear (4.6 percent), fruit and vegetables (10.3 percent), rubber … [Read more...] about Vietnam posts 1.9bln USD trade surplus in first five months
Bochmann: Ideally, now is the time to work with and train associates. Contemporary tourists are looking for a personalized experience – something they can talk about when they get back to their families, friends, and colleagues. Now is the time to ask what we can sell tourists, MICE organizers, and destination wedding specialists that they can only experience in Vietnam. It is experiences and interaction with the Vietnamese people, authentic Vietnamese food, and Vietnamese culture, as well as beautiful weather and scenery that we need to concentrate on. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
The event presented Vietnamese firms with the latest updates on the US’ footwear market and how it is being affected by COVID-19. US experts also advised Vietnamese footwear makers on specific market segments they should focus on and how to improve competitiveness and properly access the US market. … [Read more...] about Việt Nam, US promote footwear trade post-pandemic
In an apparent chicken and egg situation, many Vietnamese producers have reportedly postponed the premiere of their summer movies, as they do not want their pictures to hit almost-empty cinema halls only to bring in meager revenues. … [Read more...] about Vietnamese cinemas remain empty as industry awaits post-pandemic rebound