Thursday , November 28 2024

Recent Posts

Foreign stock investors break net-selling streak

Foreign stock investors break net-selling streak

Vietnam’s benchmark VN-Index rose 0.09% to 1,053.81 points Monday with foreign investors breaking a seven-session selling streak. The index closed 0.92 points higher after losing 11.41 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 39.57% to VND8.05 trillion ($342.81 million). Foreign investors turned net …

Read More »

WinMart’s loss triples in 2022

WinMart's loss triples in 2022

WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year. Since being acquired by Masan Group from Vingroup in 2019, WinCommerce has not been able to turn a profit. Its revenues declined 5% to VND29.37 trillion last year. Its equity …

Read More »