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Layoff wave sweeps southern Vietnam as export orders dwindle

Layoff wave sweeps southern Vietnam as export orders dwindle

Tens of thousands of workers have lost their jobs due to the shortage of export orders, and the figure may surge if export markets do not recover soon, businesses fear. In early September, the Ho Chi Minh City-based S.K Vina garment factory that employed nearly 900 workers had to stop …

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VN-Index rises after three sessions in red

VN-Index rises after three sessions in red

Vietnam’s benchmark VN-Index rose 0.18% to 947.71 points Thursday, after falling in three consecutive sessions. The index closed 1.71 points higher after losing 6.12 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 6.36% to VND8.36 trillion ($336.62 million). The VN-30 basket, comprising the 30 …

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