Monday , November 25 2024

Business

Business

Market caught in tug-of-war closes unchanged

  Workers processing fish at a Vĩnh Hoàn Corp.’s factory. VHC was the leading stock in the seafood sector backing the market pick-up yesterday. Photo kinhtechungkhoan.vn HÀ NỘI — The market closed largely unchanged on Wednesday as bullish and bearish sentiments entered a tug-of-war. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index started off the …

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HCM City apartment supply surges in Q2

  HCM City saw a massive spike in apartment supply in the second quarter of this year. – Photo danviet.vn HCM CITY — The HCM City apartment market went through a supply boom in the second quarter of 2022 compared to a lacklustre first quarter, and is expected to completely …

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VN-Index goes sideways after two gaining sessions

VN-Index goes sideways after two gaining sessions

Vietnam’s benchmark VN-Index stayed at 1,218 points Wednesday after posting double-digit gains in two previous sessions. It dipped by 11 points at some stage but strong buying demand in the last hour of trading pulled it back to the starting price after gaining nearly 33 points in the last two …

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HCM City economy recovers, back almost to pre-COVID level

  People buy goods at a supermarket in HCM City. VNS Photo Thu Hằng HCM CITY — HCM City’s economy has seen a steady revival and is on course to return to pre-COVID levels, chairman of its People’s Committee, Phan Văn Mãi, has said. Speaking at a meeting yesterday on the city’s socio-economic …

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FDI down 9 percent to $14 bln

FDI down 9 percent to $14 bln

Vietnam has attracted foreign direct investment worth US$14 billion this year, down 9 percent from the same period in 2021. The Ministry of Investment and Planning, announcing this, said nearly $5 billion went into 752 new projects, 48 percent less than in the same period last year, and the rest …

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Q2 GDP growth highest since 2011

Q2 GDP growth highest since 2011

Vietnam’s GDP rose 7.72 percent year-on-year in Q2, the highest since 2011, driven by a strong rebound in manufacturing as the economy recovers from two years of Covid-19. The growth rate helps bring Vietnam’s economic growth in the first six months to 6.42 percent, the highest in three years. Last …

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