2019 q1 weeks

Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,835 VND/USD and the floor rate, 22,447 VND/USD. … [Read more...] about Reference exchange rate up VND5 at week’s beginning

Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1

Hanoi (VNA) – Vinamilk said it exported ten containers of plant-based milk to China in the early days of 2021 and five more containers of condensed milk will soon depart for the world’s largest market. It is believed to be a good start for Vietnam’s largest dairy producer this year. Ten containers of high-quality plant-based milk – almond-flavoured soymilk and red bean-flavoured soymilk – have arrived in China and been available at local convenience stores while the State-owned corporation is ramping up production to deliver five containers of condensed milk before the Lunar New Year Festival. In April last year, Vinamilk dispatched to China its first shipment of Ong Tho (Longevity) Brand Sweetened Condensed Milk, which has been well-received in the neighbouring country. Last week, the Ministry of Industry and Trade announced that Truong Tho Dairy Factory, a member of Vinamilk, was granted with codes for exporting to China sterilized milk, modified … [Read more...] about Vinamilk exports plant-based and condensed milk to China

Tourists visit Halong City in Quang Ninh Province. The revocation of business licenses of tour operators in 2020 tripled that of 2019 – PHOTO: DAO LOAN HCMC – Due to the impact of the coronavirus pandemic, the revocation of business licenses of tour operators in 2020 tripled that of 2019, while the number of new licenses for travel firms was equivalent to only 30% of the figure seen in 2019. … [Read more...] about Withdrawal of tour operators’ licenses surges in 2020