The Politburo’s Conclusion 77-KL/TW on orientations to handle the impact of the Covid-19 pandemic to support economic recovery and national development also reiterates the potential threat of M&A deals under the current circumstances. Accordingly, the Politburo has requested support for domestic businesses, including state-owned enterprises, private firms and FDI companies, to avoid being acquired by foreign investors. Thanh Thanh … [Read more...] about Experts urge caution on M&A exploiting low share prices
Share market flipkart
"These disinvestments were calculated in most of foreign investors' long-term strategies and were for profit booking when the stock market surged to a historic peak of 1,200 points," a senior market analyst told Viet Nam News on the condition of anonymity. … [Read more...] about Vietnamese companies thrive despite divestment of foreign shareholders
Regarding market movements, the VN-Index had the first week of decline last week after 11 consecutive weeks of increasing. VN-Index had two declining sessions at the beginning of the week; in which, on the 3rd session on January 19, the VN-Index had a session fall of nearly 61 points. … [Read more...] about Experts warn of correction in trading this week
The main products it planned to focus on would be edible oil, ice cream and snacks in the mid- and high-priced categories, which offer high margins. … [Read more...] about KIDO Group has reported growth of nearly 48 per cent in net profit to VND418 billion (US$18.2 million) for 2020.
Proprietary investment saw revenue of VND9 billion and profit before tax of VND514 billion, an increase of 20 per cent and 30 per cent. In the final quarter the company increased its holdings in TCB, VPB, MBB, and IJC, and reduced its position in SCR and DIG. … [Read more...] about Viet Capital Securities revenues, profits up sharply