Vietnam’s benchmark VN-Index rose 1.26 percent to 1,497.66 points Monday, highest in nearly four weeks, as investors bet on aviation and energy stocks amid an expected market recovery. The index stayed in the green throughout the day and closed nearly 19 points higher in the first trading day of the …
Read More »Sustainable development in fashion industry
Lotus fibre extraction is done manually, resulting in limited amounts of lotus yarns produced a year. Lotus-derived apparel is high-priced accordingly. Photo vietnamnet.vn HÀ NỘI — As sustainable development is becoming the order of the day, Vietnamese fashion firms are having no choice but to adapt themselves to greener production. …
Read More »Remittances to HCM City reach record $7b in 2021
HCM City received a record US$7.1 billion worth of remittances in 2021 despite the COVID-19 pandemic. — Photo nhadautu.vn HCM CITY — HCM City received a record US$7.1 billion worth of remittances last year, a 16 per cent increase from 2020 and accounting for more than half of the country’s total remittances, according to the State Bank of …
Read More »Vietnam stock market makes bright start after Tet holidays
The VN-Index began the new lunar year with a 1.5-percent jump Monday morning, led by aviation and energy stocks. It gained 22 points to 1,503 points at 11.20 as the market reopened after the nine-day Tet break, reaching a near four-week high. It represents a 4.1-percent recovery from the bottom …
Read More »First Vietnamese company to list in Tokyo aims high
Vietnam’s first company to list on the Tokyo Stock Exchange hopes to become a billion-dollar firm in the next three to five years, its CEO told VnExpress. The market capitalization of Hybrid Technologies, an information technology solutions provider that listed last December, was almost 8.17 million yen ($70,900), at the …
Read More »What lies ahead for clothing retailers?
BUSINESS BEAT Compiled by Thiên Lý Trần Thái Ngọc, owner of a clothing and fashion shop in Lý Tự Trọng Street in HCM City’s District 1, said she reopened the shop in early November after several months but has witnessed modest sales. “On most days I only sell a few items. There …
Read More »Enterprises prepare workforce shortage after Tết
A worker operating a machine at a plant of Đại Dũng Metallic Manufacture Construction & Trade Corporation in An Hạ Industrial Zone, Bình Chánh District, Hồ Chí Minh City. VNA/VnExpress News Photo HÀ NỘI — Every year after the Tết (Lunar New Year) holiday, many businesses face a serious shortage of workers. …
Read More »Market expected to open the first week after Tết on a positive note
An investor talks on phone while looking at stock trading boards. Photo cafef.vn HÀ NỘI — The market resumes trading after a week off due to the Lunar New Year festival. Historical statistics suggest that the market is likely to be positive after the holiday. Nguyễn Đình Thắng, an analyst at …
Read More »HCMC office-leasing market recovers after pandemic
In the fourth quarter of 2021, the total office supply in HCM City was over 2.4 million square metres. Photo laodong.vn HÀ NỘI — The market for leasing offices in HCM City is improving with the bright spot being combined offices as a viable and cost-optimal solution, according to Savills Vietnam. Từ Thị …
Read More »Bank stocks expect a promising year in 2022: experts
A transaction between customers and staff at a SeABank office. Photo tinnhanhchungkhoan.vn HÀ NỘI — Analysts of many foreign investment funds and local securities companies expect bank stocks will continue to record positive results in 2022. Bank stocks have been showing impressive performance in recent sessions, playing the role as the …
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