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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »‘I was angered by the hackers’ greed’: Axie Infinity developer
Axie Infinity game developer Nguyen Thanh Trung has said he was “angered” by the greed of the hackers who stole over $600 million worth of cryptocurrency from his network. The CEO of Sky Mavis, which developed one of the world’s biggest blockchain-based play-to-earn game, said at a forum Thursday: “I …
Read More »World’s longest glass bridge to open in northern Vietnam
A 632-meter-long glass bridge in northern highlands town Moc Chau, said to be the world’s longest, is scheduled to open to tourists during the Reunification Day (April 30) holiday. Work on the bridge, namely Bach Long in Moc Chau Island Tourist Area in Son La Province, around 200 kilometers from …
Read More »Algeria remains potential market for Vietnamese farm produce
Coffee products of Bích Thao Cooperative in Sơn La Province. There is large room for Việt Nam to increase its exports of coffee to Algeria. — VNA/VnExpress News Photo Hữu Quyết HÀ NỘI — A consultation session on exports to the Algerian market will be held on Tuesday in HCM City as part of …
Read More »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 …
Read More »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 …
Read More »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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