Saturday , November 23 2024

Business

Business

VN-Index rises as global stocks edge up

Vietnam’s benchmark VN-Index rose 0.75% to 1,261.62 points Monday as global stocks inches higher. The index closed 9.39 points higher after gaining 28.67 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 27% to VND16.781 trillion (US$671.8 million). The VN-30 basket, comprising the 30 …

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Rental yields and appreciation potential in Binh Duong New City

Binh Duong New City attracts long-term investment due to strong FDI, an influx of expatriates, competitive rental yields, and lower investment costs, offering potential price appreciation over time. As the real estate market gradually recovers, long-term investors prioritize dual-profit properties with high rental yields to secure stable income over the …

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VNX achieves nearly $50m in profit in H1

It is equal to an average daily profit of over VNĐ7.6 billion. The Vietnam Stock Exchange (VNX)’s profit result marked a growth of over 65 per cent from the same period in 2023. — Photo vneconomy.vn HÀ NỘI — The Vietnam Stock Exchange (VNX) posted a profit after tax of …

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Fruit, vegetable exports expected to hit record in 2024

Vietnam’s fruit and vegetable exports will likely hit a record high of US$7 billion this year, driven by a steady double-digit growth in recent times. The country earned $3.83 billion from exporting fruit and vegetables in the first seven months of 2024, up 24.3% compared to the same period last …

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Strong export growth but many challenges remain

The total trade turnover in July exceeded US$70 billion for the first time, of which exports reached a record of over $36 billion, marking the month with the highest export value ever. Loading and unloading containers at Cái Mép – Thị Vải Port, Bà Rịa – Vũng Tàu Province. — …

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SBV sticks to 0% rate to fight off dollarisation

Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the 0% interest rate for deposits made in US dollars, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists. Outside of …

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