Conning weekly global market update

According to a trader, Ben Thanh Market has about 1,400 stalls. However, because of Covid-19, the market lost a lot of foreign tourists and overseas Vietnamese customers. As a result, half of the stalls have closed in the past months. As demands rise when Tet nears, some traders reopened their stalls and about 20 traders moved their shops online. … [Read more...] about Digitalization at Saigon’s oldest market

Three stocks in the 30 large-cap basket reporting gains were property developers and a retailer. Accordingly, Nova Land Investment Group Corporation (NVL) rose 0.25 per cent, FLC Faros Construction Joint Stock Company (ROS) increased by 5.94 per cent and Mobile World Investment Corporation (MWG) rose 1.14 per cent. … [Read more...] about VN-Index falls under 1,100 points as many big stocks hit the maximum daily loss

In your opinion, what will be the key trends for investment in the renewable energy market in Vietnam? I think the mix of energy will continue to be more balanced than today, the traditional centralisation of the energy generation, transmission distribution will get decentralised with a lot of new producers, including some rooftop solar technology. But fundamentally, the market continues to have two main points to focus: the first one is continuing to digitise the existing installation base on one hand, and on the other hand, to electrify a lot of the country, which has still very little access to the electric infrastructure away from the main city, but to continue to develop access to energy. … [Read more...] about The “next normal” in business is sustainability

Accordingly, the price of bio-fuel E5 RON92 increased by VND361 to a maximum of VND16,309 (US$0.71) per liter, and RON95-III by VND340 to no more than VND17,270 per liter. The prices of diesel oil 0.05S and kerosene were pushed up by VND395 and VND350 to cap at VND13,042 and VND11,908 per liter, respectively. Meanwhile, the price of fuel oil 180CST 3.5S inched up VND350 to VND12,622 per kilogram. The two ministries said that the prices of petrol and oil on the global market increased from 5.34 to 6.45 percent in the past 15 days. They review fuel prices every 15 days to keep the domestic prices up to date with the global market. With a view to supporting economic recovery in the nation, the ministries decided to increase expenditure for the petrol price stabilization fund by VND250-VND1,350 per liter. … [Read more...] about Vietnam raises petrol prices by over VND300 per liter

Jakarta (VNA) – Indonesian President Joko Widodo said on January 27 that the country is in need of investments that could generate jobs and competitive products in the global market, and it will prioritise environmentally friendly projects to create enduring values. As Indonesia possesses abundant natural resources, and has opportunities to develop industries such as processing and production, the nation should have a good response to the green economy – an evitable trend in the future which helps reduce environmental risks, and improve the efficiency of the use of natural resources. According to the leader, green products and low-carbon emission economy will be the main resources for the country’s development. Currently, Indonesia is joining the global value chain for the development of a green economy. He noted that the COVID-19 has promoted the green and digital transitions of the global economy, holding developing green economy helps countries worldwide … [Read more...] about Indonesia prioritises environmentally friendly projects