Sunday , November 24 2024

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Dragon Capital divests from transport firm Hai An

Dragon Capital divests from transport firm Hai An

Funds managed by Dragon Capital sold a 2.91% stake in Hai An Transport & Stevedoring earlier this month amid forecasts the transportation industry faces headwinds. Between September 30 and October 4, they reduced their holdings from 7.45% to 4.54% after selling 1.7 million shares. Dragon Capital owned more than 5% …

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Hanoians stock up on gasoline fearing shortages

Hanoians stock up on gasoline fearing shortages

Hanoians besieged gas stations Tuesday night fearing that the fuel shortage that has hit Vietnam is likely to worsen. At 9 p.m. on Tuesday Minh Duc of Cau Giay District took his motorbike to fill petrol. He wanted to avoid scrounging for fuel the next morning and being late for …

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HCMC social housing prices double in five years

HCMC social housing prices double in five years

The prices of social apartments in HCMC have surged to VND29-30 million (US$1,234-1,276) per square meter from just VND13.8-18 million five years ago. A VnExpress study has found a social housing project in HCMC’s Thu Duc City started selling apartments at VND18-22 million per square meter in 2017. The apartments’ …

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