VASEP Deputy General Secretary Nguyen Hoai Nam said several enterprises exporting tra fish (pangasius), tuna and shrimp had faced suspension of payment for export contracts because Chinese banks were not open due to the coronavirus epidemic. It was expected that from February 16 when banks are set to reopen, Chinese partners would be able to pay Vietnamese export contracts for goods shipped by sea. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 14
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157 people died in the crash of Ethiopian Airlines’ B737 Max 8, shedding further doubt on the safety of Boeing 737 Max aircraft, not long after 189 deceased in another crash in last October. The two crashed B737 Max aircraft and the decision of national authorities around the globe to ground the aircraft may lead to Boeing losing $600 billion worth of orders for more than 5,000 aircraft across the world. … [Read more...] about BUSINESS NEWS HEADLINES TODAY
The State capital in Viglacera now accounts for 38.85 percent following previous divestments. The firm also elected a new board of directors at the annual shareholder’s meeting, and listed more than 448.3 million shares on the Ho Chi Minh Stock Exchange. Viglacera also won the “World Class” title of the Global Performance Excellence Award (GPEA) awarded by the Asia-Pacific Quality Organisation in 2019. This is the only Vietnamese firm to receive the “World Class” title in the large-scale production category of the 2019 GPEA, the only formal international recognition of performance or business excellence./. … [Read more...] about State capital in Viglacera to be fully divested in 2010
MSCI may add Kuwait to the MSCI Emerging Markets Index in mid-2020. If so, the proportion of Vietnam’s stock in MSCI Frontier Markets Index and MSCI Frontier Markets 100 Index may rise to 25.8 percent and 30 percent, respectively. “We hope that the changes in the law will help improve the quality of stocks, increase transparency and better protect the benefits of investors, especially small investors,” the report of VN Direct Securities (VNDS) reads. … [Read more...] about When will Vietnam’s stock market be upgraded?
“Australia are much stronger than us. They have good technique and physical stature. We will play counter-attack against them. Maybe this tactic won't be good enough as they are world-class but we will play with all iron will and ability,” he said. … [Read more...] about Việt Nam to battle Australia for Olympics berth