On the other side, many other blue-chips suffered selling pressure and slumped, including PetroVietnam Gas JSC (GAS), Hoa Phat Group (HPG), FPT Corporation (FPT), Sabeco (SAB), PV Power (POW), Vinhomes (VHM), Vietjet (VJC), Novaland (NVL) and Vincom Retail (VRE). … [Read more...] about Shares volatile as large caps differentiate
Booming real estate markets in the world
Plummeting gold prices in the last five days has also made equity markets a more attractive investment option, they said. Prices of SJC gold, Vietnam’s national gold brand, fell from VND62.4 million ($2,683) per tael last Friday afternoon to VND51.47 million ($2,213) Wednesday morning, a plunge of 17.5 percent. … [Read more...] about VN-Index returns to recovery streak
"COVID-19 has resulted in unprecedented challenges for the hospitality industry worldwide, and as the Sponsor and one of the major unitholders of EHT, UC wants to apologise to all unitholders regarding how the current situation has escalated. At the onset of the pandemic, the Sponsor did not anticipate COVID-19's path of destruction, however, now is the time to unite and work together collaboratively to navigate out of this pandemic. As one of the largest unitholders, the merits of our plan is to minimise cost, refinance the defaulted Bank of America Merrill Lynch (BAML) debt, control unnecessary expenses, minimise dilution for all unitholders and raise enough funds to survive COVID-19. Since April, we have been sharing with EHT's advisors extensive strategies to navigate the storm and these plans have, to date, not been responded to by these advisors in a constructive or collaborative spirit. This meaningless conflict is a recipe for disaster, especially during an unprecedented … [Read more...] about Urban Commons Issues Notice of Breaches to Eagle Hospitality Trust
“A green urban area must control its waste, recycle the waste, use clean energy, use energy efficiently and use environment-friendly materials,” he says, adding that the areas are also operated and managed in manners that are friendly to the environment. … [Read more...] about More regulations for developing green cities and climate-resilient urban areas in Vietnam
One interesting development is the rise of women in self-owned, independent small businesses managing to hold their own, not only in a male-dominated economic market, but also in establishing female business networks. Whether it’s an online shop, a small café or private consultancy such as accounting – their fame in being well organized and more open to negotiation and cooperative practices is spreading; as one of my female students recently commented, “Vietnamese women haggle and bargain, the men just pay whatever is asked.” … [Read more...] about Women and flowers: Happy Vietnamese Women’s Day!