Vietnam 

VN seeks more FDI from Japan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NÔI — Việt Nam is expected to receive more foreign direct investment (FDI) from Japan in the coming years as part of its strategy to shift investment attraction towards high-quality capital. According to the latest updates from the Việt Nam Foreign Investment Agency, Japan ranked first out of 51 countries and territories with investments in Việt Nam in January with a total registered capital of nearly US$364 million, making up 19 per cent of all registered FDI in Việt Nam. Major projects from…

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Vietnam 

VN stocks retreat from four-day rally – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietnamese shares corrected from a four-day rally on strong selling pressure as investors attempted to cash out from the surging markets.– Photo baodauthau.vn HÀ NỘI – Vietnamese shares corrected from a four-day rally on strong selling pressure as investors attempted to cash out from the surging markets. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.15 per cent to close Friday at 950.89 points. The southern market index had rallied 4.8 per cent…

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Vietnam 

VN Gov’t did not intervene in domestic carbon steel prices: Canadian agency – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietnamese Government was found not to have intervened in the domestic prices of the carbon steel welded pipe industry, according to Canada Border Services Agency. – VNA/VNS Photo Viet Nam News During the period of investigation, imports from Việt Nam accounted for 12 per cent of total imports of carbon steel welded pipe. The volume of imported carbon steel welded pipe to Canada grew from 47,657 tonnes in 2015 to 91,739 tonnes during the period of investigation, Canada’s statistics showed. — VNS Source link

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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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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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Vietnam 

VN to face difficulties in cassava exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Việt Nam will continue to face difficulties in exporting cassava this year, especially to China, the largest export market of local cassava, according to the Việt Nam Cassava Association. China has strict regulations on packaging labels and information on Vietnamese cassava starch imported via border gates to Guangxi Province, the association said. China has dumped corn into stock used for animal feed and the industrial sector, making corn prices in China more competitive with imported cassava. In addition, demand for…

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Vietnam 

VN stocks jump on 2019 earnings outlook – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained positive on 2019’s corporate performances. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.24 per cent to close at 937.54 points. The southern market index has increased by total 3.18 per cent in the last two trading days, setting its two-month high since December 14. More than 188.4 million shares were traded on the southern exchange, worth VNĐ4.2 trillion (US$180.2…

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Vietnam 

US-China trade war a boon for VN – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Việt Nam is at the top of the list of markets that could benefit from trade diversion coming from US-China trade tensions, building on its increasing competitiveness in manufacturing, according to Phạm Hồng Hải, CEO of HSBC Việt Nam.  According to HSBC Global Research for the first quarter of the year, if an Asian economy captured 1 per cent of Chinese exports to US or 1 per cent of FDI into China, its GDP would increase significantly. Việt Nam is on…

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Vietnam 

VN looks to achieve emerging market status – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Viet Nam’s securities market has plenty of opportunities to be promoted from a frontier market to an emerging market this year. In June last year, Việt Nam’s equity market failed to be added to Morgan Stanley Capital International’s (MSCI) watch list – the US independent provider of research-driven insights and tools for institutional investors, for classification review for a possible lift from a frontier market to an emerging one. However, according to the latest report released by the State Securities Commission…

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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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