Monday , November 25 2024

Business

Business

VN-Index hits nine-month low on high selling power

HÀ NỘI — Shares ended Monday in negative territory on both national exchanges as investors increased selling force amid fears of a steeper downtrend. On the Hồ Chí Minh Stock Exchange, the VN-Index decreased 1.78 per cent to end the day at 1,432.60 points. The downturn on the southern market …

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Bắc Ninh eyes 270-ha IT park

  A part of Yên Phong Industrial Park in Bắc Ninh Province. — Photo viglaceraip.com HÀ NỘI — An IT park covering an area of about 274ha will be built in the northern province of Bắc Ninh, according to the provincial People’s Committee. The IT park is expected to have a workforce of about 20,000 labourers and …

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Utility ecosystem gradually fills Novaland’s urban areas

Novaland and NovaGroup members have accelerated the project’s progress and placed it into partial operation, following the speed of completing transport infrastructure. Implementing and operating urban areas The Novaland site management team overcame challenges and finished clusters of projects and utilities in 2021, with the goal of accelerating the construction …

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VN-Index hits 4-month low

VN-Index hits 4-month low

Vietnam’s benchmark VN-Index closed its third straight session in the red Monday with a 1.78 percent drop to 1,432.60 points, lowest since December 6. The selling pressure, which began from speculative stocks related to real estate developer FLC in recent months, continued to spread to blue chips and dragged the …

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VNR to reduce subsidiaries under restructuring plan

  VNR will have a production and business model focusing on railway transport, railway infrastructure and railway mechanical engineering. Photo baodautu.vn HÀ NỘI The Prime Minister has approved the restructuring of Vietnam Railways (VNR) to reduce the number of its subsidiaries. According to Official Letter 303/TTg-DMDN issued by the Prime Minister on April 7 to …

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Stocks plunge to 11-week low

Stocks plunge to 11-week low

Vietnam’s benchmark VN-Index started off the week in the red with a 1.25 percent drop to 1,440.23 points Monday morning, lowest in 11 weeks. The index fell by 17 points as of 11:06 a.m. after ending in the red in four out of the last six sessions. The main bourse …

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Ocean Group leaders resign in droves

Ocean Group leaders resign in droves

Three out of five board members of Ocean Group, including its chairman and vice chairman, are seeking to resign amid financial difficulties and conflicts with shareholders. The company, which has interests in real estate, hospitality and food, said it has received the resignations of Chairman Mai Huu Dat, vice chairman …

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