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VN-Index shoots up on first trading session of 2023

VN-Index shoots up on first trading session of 2023

Vietnam’s benchmark VN-Index surged 3.66% on Tuesday, the first session of 2023, to a two-week high of 1,043.9 points. The index closed 36.8 points higher after losing 2 points on Friday, the last session of 2022. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 24.6% to VND9.25 …

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Beijing slams ‘unacceptable’ Covid rules on travelers from China

Beijing slams 'unacceptable' Covid rules on travelers from China

China on Tuesday condemned fresh Covid test requirements by around a dozen countries on passengers traveling abroad from its territory, warning it could take “countermeasures” in response. The United States, Canada, France and Japan are among a number of countries that now require travelers from China to show a negative …

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Troubled China Evergrande pledges to repay debts in 2023

Troubled China Evergrande pledges to repay debts in 2023

China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring following Beijing’s crackdown on excessive borrowing and rampant speculation in the real estate sector. In an email seen by AFP, chairman Hui Ka Yan told staff that “2023 is a key year for …

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