The front of an FPT Shop, the digital retail chain run by FPT Retail. The company is expected to record good earnings in the second quarter and in the first six months of 2019. - Photo fptshop.com.vn HÀ NỘI – As corporate earnings are predicted to rise in the second quarter and first six months of the year, investors may return to the Vietnamese stock markets and lift local shares. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained slightly 0.24 per cent to close Friday at 975.34 points, making a weekly increase of 2.67 per cent. On the Hà Nội Stock Exchange, the HNX-Index rose total 0.9 per cent last week to end at 104.38 points. The Vietnamese stock market recorded the biggest weekly growth last week since February 2019 as investors hunted for companies’ stocks that may report higher quarterly earnings. Bank stocks made strong gains last week after recent reports had shown listed banks would perform steadily in … [Read more...] about VN stocks may keep rising, driven by corporate earnings
Cbs news why egg prices will likely rise
The Hanoitimes - Featuring the untouched white sand of Bai Khem beach, idyllic sunsets, breathtaking scenery and favorable weather year-round, Phu Quoc is the emerging star of Vietnam’s tourism scene. Hanoi and Phu Quoc among the best destinations in Vietnam for western tourists Phu Quoc among world’s most popular places to visit in 2019 Pacific World names Phu Quoc among best destinations to look out for Travel Daily Media, a fast-growing online community dedicated to informing, connecting, and developing the world’s travel industry professionals, has listed five reasons why Phu Quoc will be the next big meetings, incentives, conferencing, exhibitions (MICE) destination. Phu Quoc island, Kien Giang province, Vietnam. A balance between the established and the secluded, the area is a national park, the hotel itself is a destination are a few of the reasons the article gives Phu Quoc visitors to take an adventure trip. The writer suggested Phu Quoc … [Read more...] about Why Phu Quoc will be the next big MICE destination?
In reality, pork prices in recent months increased by 200 per cent compared with the middle of 2017. — Photo tintucvietnam.vnViet Nam News HÀ NỘI — The price of pork in Việt Nam is set to keep rising over the next few months due to African swine fever devastating pig populations. The Import-Export Department under the Ministry of Industry and Trade said last month, the price of live pigs hit VNĐ45,000-51,000 per kilo in the north, VNĐ45,000-52,000 per kilo in the central region and VNĐ52,000-54,000 per kilo in the south. The price of pork in October doubled against its price during the same period last year, reaching a record high over the past few years. Earlier, huge demand stemmed from the reduction in pig production after an oversupply of pork in early 2017 led to huge losses for farmers. According to Nguyễn Xuân Cường, minister of Agriculture and Rural Development (MARD) pig breeding cost is … [Read more...] about Pork prices expected to rise further
With growth moderation likely in the second half of the year for exports, agriculture, and construction—and with continued contraction in mining—GDP growth for the whole year is now seen slightly lower than earlier forecast. As inflation is on an upward trend and unlikely to change course in the near term, inflation forecasts for this year and next are revised up. The current account surplus is forecast to narrow more than foreseen in April.Photo: tapchitaichinh.vnUpdated assessmentVietnam posted 7.1% GDP growth in the first half of 2018, up from 5.8% in the same period in 2017 (Figure 3.4.44). On the demand side, rising income lifted private consumption growth to 7.2% from 7.0% a year earlier. Private investment remained robust, supported by high credit growth and strong foreign direct investment (FDI).Exports of goods and services rose by 15.7% by volume in the first half of the year from 14.4% a year earlier. Strength in exports, domestic private consumption, and … [Read more...] about Economic growth will likely hold up fairly well in the near term
The rise in August’s CPI was fuelled by high price of food. (Photo: VNA) Hanoi (VNA) – Vietnam’s consumer price index (CPI) in August inched up 0.45 percent month-on-month, and 3.89 percent from the same time last year, pushing up the eight-month figure to 3.52 percent year on year, according to the General Statistics Office (GSO). Among the 11 main commodity groups, 10 experienced price rise, including food and catering services (0.87 percent); education (0.46 percent); housing and building materials (0.44 percent); culture, entertainment and tourism (0.19 percent), and transportation (0.13 percent). Only posts and telecommunication services saw price drop of 0.07 percent. Director of the GSO’s Price Statistic Department Do Thi Ngoc said that the rise in August’s CPI was fuelled by high price of food, especially pork which swelled 3.41 percent from previous month. She also attributed the hike of 2.87 percent in vegetable price to the impact of heavy … [Read more...] about Consumer Price Index slightly rises in August