PV Gas's Cà Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Hồ Chí Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; … [Read more...] about Shares close the week in negative zone
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Shares close the week in negative zone on low liquidity
PV Gas's Ca Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hung Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Ho Chi Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; Petrolimex (POW) … [Read more...] about Shares close the week in negative zone on low liquidity
World’s first zero-emission boat visits HCM City
Energy Observer on the Saigon River, HCM City. — Photo from Toyota HCM CITY — Energy Observer – the world’s first hydrogen-powered, zero-emission vessel that is self-sufficient in energy – continues its journey in Southeast Asia, with the 73rd stopover of its round-the-world Odyssey being in HCM City, Việt Nam. Arriving in the Vietnamese southern hub on June 22, the crew plans to present the ship's autonomous zero-emission system to several hundred visitors, decision-makers, students and school children in collaboration with the French Consulate in the city. Setting sail from its port of registry of Saint Malo in 2017, Energy Observer has already covered over 50,000 nautical miles, made 72 stopovers, 16 of which have been with its travelling pedagogical village, and visited over 40 countries. Born out of a legendary catamaran whose many accolades include being the fastest sailboat around the world with Sir Peter Blake, Energy Observer is a laboratory for ecological … [Read more...] about World’s first zero-emission boat visits HCM City
Vietnam becomes major supplier of farm produce to UK
Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Vietnam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the UK are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual agreement to … [Read more...] about Vietnam becomes major supplier of farm produce to UK