When was tata iron and steel company started

Vietnam has outperformed major regional indices, making the market nearly quadrupled in size compared with the start of 2012 and the trading exceeding $1 billion a day. In its latest report, HSBC has stated that many funds already have Vietnam’s stock market on their radar with excitement about the country’s potential inclusion in the emerging market (EM) index. Vietnam's stock market expected a bright future. Photo: The Hanoi Times If the inclusion weight for Vietnam in EM Asia is 2%, inflows would be US$8-9 billion. That is 1.4x the current allocation by foreign funds and close to eight days of trading, HSBC noted in its latest study. The FTSE added Vietnam to a watch list in September 2018 for possible reclassification to secondary EM status, due in September 2022. The market is yet to make it onto MSCI’s watch list, but if required reforms are implemented, it might meet the necessary criteria ahead of May 2023, it added. On a roll According to the … [Read more...] about Vietnam’s stock market on foreign funds’ radar amid possible upgrade to EM status: HSBC

Illustrative photo. (Source: VNA) Hanoi (VNA) – The recovery of the industrial real estate sector will be fueled by new investment waves , according to the Vietnam Association of Realtors (VARS). Vinhomes IZ, an industrial property arm of developer Vinhomes, has raised its charter capital from 70 billion VND (3.02 million USD) to 18.5 trillion VND over the last two years. VARS said Prime Minister Pham Minh Chinh had meetings with numerous major US corporations during his visit to the US last week which provided positive feedback. Meeting with the Vietnamese PM, Apple CEO Tim Cook said his company is planning to expand the supply chain and hopes more eligible firms from Vietnam will integrate into its global value chain, VARS noted. The global economy has been severely hurt by the Russia-Ukraine crisis, worsened by China’s “Zero COVID” policy, triggering supply chain disruptions and surging costs and transportation time. As a result, demand for storages, warehouses and … [Read more...] about Industrial real estate recovery to be fueled by new investment wave

Speakers joining the Industrial Property Forum 2022 organised by Vietnam Investment Review in Ho Chi Minh City on May 24 agreed that eco-industrial parks not only meet the needs of tenants but also are consistent with the government's sustainable development orientation. Nguyen Chi Toan, head of Marketing at VSIP South & Central said, “The aim is to create an industrial lifestyle that includes living, working, resting, and entertaining in sync. Thus, a multi-functional industrial park (IP) will be established, creating a new residential area with an industrial rhythm.” Toan added, “Entering Vietnam in 1996 with the single-function IP. In 2006, when we started to develop VSIP II with an area of over 2,000 hectares. We target to become an industrial-urban-service complex. To date, VSIP II’s occupancy ratio is 99 per cent, attracting 340 projects with a total investment capital of approximately $5 billion,” Toan said. A highlight of VSIP’s development strategy are the … [Read more...] about Trend to develop eco-industrial parks dominates at forum