The gain of large-cap stocks still contributed to the increase of the market in general. The VN30-Index increased 1.17 per cent to end the morning trading session at 1,182.7 points. Twenty of the 30 large-cap stocks in the VN30 basket advanced, while only seven declined. … [Read more...] about Shares advance, VN-Index back to 1,190 point level
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Increased liquidity helps VN-Index approach 1,200 points
An employee of Hochiminh City Securities Corporation monitors stock prices. The VN-Index of the Hochiminh Stock Exchange rose 0.57% today – PHOTO: THANH HOA HCMC – The increase in liquidity sent many stocks hitting their daily ceiling prices but the VN-Index of the Hochiminh Stock Exchange still missed the 1,200-point mark today, January 15. … [Read more...] about Increased liquidity helps VN-Index approach 1,200 points
Gov’t orders clarification of hike in shipping container rentals
A container vessel docks at the Cai Mep International Terminal in Ba Ria-Vung Tau Province. Deputy Prime Minister Trinh Dinh Dung has asked the ministries of Industry-Trade and Transport to clarify the reason for the recent spike in the rentals of shipping containers – PHOTO: LE ANH HCMC – Deputy Prime Minister Trinh Dinh Dung has asked the ministries of Industry-Trade and Transport to clarify the reason for the spike in the rentals of shipping containers and impose harsh sanctions on those who violated regulations. … [Read more...] about Gov’t orders clarification of hike in shipping container rentals
VietinBank named fastest-growing SME bank in Vietnam
In particular, the overall and diverse package “VietinBank SME Stronger” offers preferential interest rates and fees such as mid and long-term lending at fixed rates, unlimited money transfer, banking accounts with favourite numbers, promotions for online transactions, and insurance products exclusively designed for SMEs. It also provides specialised products and services for each sector and business mechanism. … [Read more...] about VietinBank named fastest-growing SME bank in Vietnam
Moon cake market competition heats up
Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up