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According to its chairman, Le Hoang Chau, some developers registered their projects with the Department of Construction with low prices but later hiked them to high-end levels to increase their profits. … [Read more...] about Developers struggle to sell high-end apartments in HCMC

Steelmaker HPG rose 0.2% to VND41,700 and was the most actively traded stock in the group of large-cap stocks, with 37.9 million shares changing hands. Bank stocks STB and TCB also had good liquidity, with 34.4 million and 25.77 million shares transacted, respectively. … [Read more...] about VN-Index recovers slightly after steep fall

The fund will reduce its ownership at residential property firm Vinhomes (VHM), aviation firm Vietjet (VJC), consumer staples firm Masan (MSN), PetroVietnam Power (POW), sugar company Thanh Thanh Cong-Bien Hoa JSC (SBT), and electrical firm Gelex (GEX). … [Read more...] about Vietnamese stocks to struggle with increased caution

It is expected there will be many underperforming solar systems and inefficient operations and maintenance, especially those named mini-farms. They use remote and cheap land to develop such clusters without nearby commercial and/or industrial loads, which might bring about pressures on distribution or transmission lines. They are also more at risk of landslides during the flooding season in Central Vietnam. … [Read more...] about Booming solar power: signal for worry or delight?

New entity to invigorate Vietnam’s stock markets With general optimism well-founded for Vietnam’s stock market building in the past year, there is now significant anticipation for 2021 with the arrival of a new entity to run the country’s exchanges. … [Read more...] about Stock market plummets, $10 billion lost