Vietnam stock

Hanoi (VNA) – The World Bank (WB) released a report on May 27, offering policy recommendations to help Vietnam maintain quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy. The report, entitled “Vibrant Vietnam: Forging the Foundation of a High-Income Economy”, comes as the country’s Government is preparing its socio-economic development strategy for 2021-2030 and a socio-economic development plan for 2021-2025. It suggested that a productivity-driven development model – combining innovation with balanced development and allocation of private, public, human and natural capital – will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045. Some of the forces that have propelled Vietnam’s growth are now slowing. The country’s demographic dividend is fading, and global trade is declining, while other challenges – such as pollution and the … [Read more...] about WB report provides policy advice for Vietnam to maintain quality growth

Among the worst decliners were Bank for Investment and Development of Vietnam (BID), VPBank (VPB), steel producer Hoa Phat (HPG), real estate firm Vincom Retail (VRE), Vietinbank (CTG) and insurer Bao Viet Holdings (BVH), … [Read more...] about Selling, oil prices take down local stocks

Dr Pimpisut Kongwittayanon said the team is also encouraging the villagers to change their diet, after finding that many of them eat excessively salty and oily food. She said the mobile hospital unit allows doctors to understand the condition and difficulties faced by rural villagers, in addition to undertaking more examinations and treatments. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 27

In the opposite direction, CTD of construction giant Coteccons topped gains in a 6.9 percent surge, its ceiling price. The stock currently trades at VND74,100 ($3.18) per share, an increase of 60 percent over its value late March, despite the company reporting falling revenues and profits as a result of the Covid-19 pandemic. … [Read more...] about VN-Index endures worst session in more than a month

Hanoi (VNA) - An auction of Government bonds on the Hanoi Stock Exchange (HNX) on May 27 raised 3.707 trillion VND (158.5 million USD) for the State Treasury. G-bonds worth 6.5 trillion VND were issued, with ten- and 15-year bonds bringing in 2.5 trillion VND each, five-year bonds 1 trillion VND, and those with a maturity of 30 years 500 billion VND. Some 1.207 trillion VND worth of ten-year bonds was mobilised at an annual interest rate of 2.9 percent, 0.1 percent higher than at the previous auction on May 20. Meanwhile, 15-year bonds were sold at an annual interest rate of 3.07 percent, 0.12 percent higher than at the previous auction and raising 2.5 trillion VND for the State Treasury. None of the five- and 30-year bonds were sold. The State Treasury has collected 53.443 trillion VND via G-bond auctions at HNX this year./. … [Read more...] about Treasury raises over 158mn USD in latest G-bond auction