VN-Index experiences correction after 8-session gaining streak
The VN-Index shed 0.52 percent to 1,186.06 points Wednesday, with profit-taking pressure on blue chips the main drag on the market. – VnExpress International
The VN-Index shed 0.52 percent to 1,186.06 points Wednesday, with profit-taking pressure on blue chips the main drag on the market. – VnExpress International
HCMC wants to call for foreign investment in seven key projects, four metro lines and three major complexes over the next five years. – VnExpress International
The stock market’s eight consecutive sessions of gains recently have pushed the prices of 20 percent of all stocks to all-time highs. – VnExpress International
An international trade route passing through Vietnam is being shunned by transport firms because of complicated customs procedures that increase costs. – VnExpress International
Pre-tax profit of Agribank, one of the ‘Big 4’ state-owned lenders, fell nearly 9 percent last year to VND12.87 trillion ($561.1 million). – VnExpress International
Low interest rates in Vietnam have increased speculation and caused asset bubbles, including in stocks, financial experts have warned. – VnExpress International
Directly producing ICT goods instead of assembling them would allow the sector to outpace the GDP growth by 2-4 times, says Vietnam’s information and communications minister. – VnExpress International
The VN-Index rose 0.62 percent to 1,192.28 points on Tuesday, with steel, construction and real estate the best performers. – VnExpress International
Lawmakers have approved the use of public funds to build two more sections of the North-South Expressway that have failed to interest bidders. – VnExpress International
The second tunnel boring machine required for the construction of Hanoi’s second metro line has arrived from Germany and will be assembled in the next three months. – VnExpress International