- Vietnam’s export-oriented manufacturing activity and logistics will come under pressure in the short term, especially due to the restrictions on cross-border movement and trade. But with the aggressive responses by the Chinese and other governments, this might be more of a short-term pain. … [Read more...] about Despite epidemic, Vietnam stock market remains resilient
A trader watches stock information on a computer screen. The VN-Index of the Hochiminh Stock Exchange on February 24 lost nearly 30 points at the close - PHOTO: THANH NIEN HCMC – A sell-off on the local stock market today, February 24, dampened investor sentiment, with the VN-Index of the Hochiminh Stock Exchange losing nearly 30 points. … [Read more...] about Strong sell-off hits Vietnam stocks
VIC of Vingroup, Vietnam’s biggest private conglomerate, and HoSE’s biggest market cap stock, lost 2.4 percent. Tickers of its subsidiaries, VHM of real estate developer Vinhomes, and VRE of retail arm Vincom Retail, lost 2.4 percent and 4.4 percent respectively. … [Read more...] about VN-Index plunges to 13-month low
With emerging channels growing in popularity, including minimarkets, convenience stores and ecommerce, there will be a continuing shift from traditional shopping behaviors to omni-channel and multi-channel shopping, reinforcing the rising omnichannel trend in the retail and FMCG market in the coming time. — VNS … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
Generally, central banks so far are maintaining interest rates and assuming a wait-and-see approach towards the outbreak. The few central banks that have cut rates had their own reasons, with COVID-19 being a factor weighty enough to force them into action earlier than projected. An instant and rational measure at this point of time should only be supporting liquidity and rescheduling debts for the sectors severely hit by the epidemic. … [Read more...] about Prudence important in assessing COVID-19 implications