Vietnam 

VN Index gains for fourth straight day – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The benchmark VN Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 0.75 per cent to close Thursday at 952.34 points. — VNA/VNS Photo HÀ NỘI — Vietnamese shares extended gains for a fourth day on Thursday on the wings of realty and consumer staple firms, despite rising selling pressure. The benchmark VN Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 0.75 per cent to close Thursday at 952.34 points. The southern market…

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Are Hongkongers getting more romantic? Money spent on Valentine’s Day climbs by almost two thirds, according to Mastercard’s Love Index

It seems Hongkongers are getting more romantic. The city’s loved-up couples spent almost two thirds more money on Valentine’s Day last year than they did in 2016, according to a survey by global payments company Mastercard. The 62 per cent increase was the third biggest in Asia, after China and Japan which saw 88 per cent and 68 per cent growth, respectively, in the two-year period. Released on Thursday, the annual Mastercard Love Index analysed credit, debit and prepaid card transactions during the Valentine’s Day period of February 11-14, between…

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Vietnam 

Petro firms drive VN Index up for a third day – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese shares extended their growth for a third straight day as focus switched to the petroleum sector following sharp increases in oil prices. The benchmark VN Index on the Hồ Chí Minh Stock Exchange added 0.82 per cent to close at 945.25 points, extending a three-day rally of 4.02 per cent since returning from Tết (Lunar New Year). More than 215.2 million shares were traded on the southern bourse, worth nearly VNĐ5 trillion (US$214.2 million). Wednesday trading figures were up…

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Smartphone giant Xiaomi, Tencent Music among a dozen stocks to be added to MSCI China Index

Smartphone giant Xiaomi and online video platform Iqiyi are among a dozen listed companies to be added to MSCI’s benchmark Chinese equities gauge, the global index compiler announced on Monday. The inclusion of the stocks in the MSCI China Index at the end of February is likely to benefit them in the long term because they may attract global funds that track such indexes, said analysts. MSCI claims to serve “99 of the top 100 largest money managers”. “Those funds will not buy and sell frequently but [they will] hold…

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Vietnam 

VN Index surges after Tết – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese shares soared in the first trading session after returning from the one-week Tết (Lunar New Year) holiday, driven by positive investor sentiment. The benchmark VN Index on the Hồ Chí Minh Stock Exchange rose by 1.92 per cent to close at 926.10 points. The southern market index had gained a total 1.80 per cent between the beginning of the year and the pre-Tết trading week. More than 124.6 million shares were traded on the main bourse, worth VNĐ2.92 trillion (US$125.5…

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Vietnam 

VN Index returns from Tết, aims at 990 points – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The VN Index on the Hồ Chí Minh Stock Exchange inched down 0.22 per cent on February 1 to end at 908.67 points.— VNA/VNS Photo HÀ NỘI — Returning from the one-week Tết (Lunar New Year) holiday, Việt Nam’s benchmark VN Index is forecast to grow strongly with banks leading the market upturn. The VN Index on the Hồ Chí Minh Stock Exchange inched down 0.22 per cent on February 1 to end at 908.67…

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Vietnam 

Sugar firm remains in VN30 Index – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A sugar plant belonging to Thành Thành Công-Biên Hòa in Tây Ninh Province. — Photo courtesy of TTC Viet Nam News HCM CITY — The HCM Stock Exchange has announced the first update of the year to the blue-chip VN30 Index, a basket of 30 stocks with the largest market capitalisation and highest liquidity. The basket, which is reviewed every six months, now includes four new stocks, Eximbank (EIB), Techcombank (TCB), HDBank (HDB) and VinHomes (VHM), in place of Bình Minh Plastic (BMP), Hoa Sen Group (HSG), Kido…

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Money 

Hoping to bring home the bacon in the Year of the Pig? Avoid the stock market then, says CLSA’s Feng Shui Index

If you’re hoping to bring home the bacon by investing in stocks during the Year of the Pig, you may want to proceed with caution, according to investment bank CLSA’s annual Feng Shui Index. But if property is more your thing, Hong Kong’s Central district may be in for a prosperous 12 months, if Chinese fortune-telling is anything to go by. The Chinese new year kicks off on February 5, and stock market investors are not the only ones facing a bumpy ride. US President Donald Trump is also destined…

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Vietnam 

VN drops on global talent index – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam ranked 92 out of 125 countries in the 2019 GTCI. — VNS Photo Viet Nam News HÀ NỘI — Việt Nam ranked 92 out of 125 countries in the 2019 Global Talent Competitiveness Index (2019 GTCI), a report assessing the competitiveness of countries’ human resources. Compared to last year, the results of this year’s GTCI report showed that Việt Nam slipped five places. This is the fourth consecutive year that Việt Nam has been downgraded on the talent competitiveness index. Last year, the country…

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Vietnam 

Four stocks to move into VN30 Index – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) may include stocks of four listed companies in its coming large-cap VN30 Index review. The southern bourse on Monday will announce the results of the rebalancing of the large-cap VN30 Index. The decision will take effect on February 4. The VN30 Index tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE. The basket’s balancing review is done every six months. If a company wants to be added…

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