Vietnam’s stock and corporate bond markets are heavily affected by rumors and sophisticated manipulation, which pose the need for more transparent and thorough regulations, a minister has said. Many tickers have been pushed up to new peaks without improvement in business results, with many companies failing to submit their earnings …
Read More »Demand for healthy foods on the rise post-COVID
A booth showcasing ‘future foods’ at the region’s largest food and beverage trade fair in Bangkok last month. After the outbreak of COVID-19 consumers are increasingly health conscious and looking for natural and environment-friendly foods. — Photo thegioihoinhap.vn HCM CITY — Consumers are increasingly looking for natural and environment-friendly products …
Read More »Property market faces serious liquidity issues: conference
Lê Hoàng Châu (standing), chairman of the HCM City Real Estate Association, speaks at a conference on funding the property sector in HCM City. VNA/VNS Photo HCM CITY — With the real estate market facing liquidity problems, analysts have called for the Government and banking industry to create a mechanism …
Read More »PetroVietnam surpasses oil exploitation by 22 per cent in January-May
An offshore project of PetroVietnam. PetroVietnam earned an estimated VNĐ372.2 trillion (US$16.05 billion) in revenues in the five-month period. — Photo petrovietnam.vn HÀ NỘI — The Việt Nam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the …
Read More »VN-Index reverses course, slightly gains in late trade
Transactions at a Vietcombank in Hà Nội. The bank’s shares rose more than 1.6 per cent yesterday, cushioning the market’s downside risk. VNA/VNS Photo HÀ NỘI — The stocks market was mixed on Tuesday, as a strong recovery in risk asset demand in the last minutes of the afternoon session …
Read More »Travel companies make a comeback on stock market
Foreign travellers visit Hội An Ancient Town. Quảng Nam Province. Photo chinhphu.vn Compiled by Thiên Lý The stocks of several tourism companies like Vietourist, Hospitality & Service Joint Stock Company and Hoàng Kim Tây Nguyên Group Joint Stock Company have been gaining for more than a month to average …
Read More »US waives tariffs on Vietnam solar panels
Joe Biden has waived tariffs on solar panels exported from Vietnam and three other Southeast Asian countries for two years amid rising demand for renewable energy in the U.S. The tariff exemption will also apply to panels from Cambodia, Malaysia and Thailand and serve as a “bridge” while U.S. manufacturing …
Read More »Expand visa exemption to boost tourism recovery: NA delegates
National Assembly (NA) delegates urged the government to consider expanding visa exemption to more countries and allowing a stay of up to 30 days to increase foreign tourist numbers. Vietnam is less open than regional countries in terms of visa policy as it currently exempts visas for travelers from only …
Read More »Confectionery maker KIDO to sell treasury shares
Major food producer KIDO is seeking to sell out its treasury stocks to raise working capital. The 28 million shares it holds, equivalent to a 10.05-percent stake, are expected to fetch VND1.78 trillion (US$76.98 million) at the closing price on Monday. In the last two weeks the price has soared …
Read More »US waives tariffs on solar panels from Việt Nam
Vietnamese solar panels. The US has waived tariffs on solar panels from Việt Nam to ensure access to a sufficient supply of solar modules. VNA/VNS Photo Vũ Sinh HÀ NỘI — The US on Monday announced a two-year tax exemption period on solar panels manufactured in four Southeast Asian countries, …
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