Overview of 2 sites for the construction of the headquarters of 36 central ministries, with an area 7 times larger than Hoan Kiem Lake.
Two large plots of land with clean, flat terrain are available for development. These plots are strategically located, with easy access to major roadways. The infrastructure preparations for construction are already underway.
Phu Quoc's economy has made remarkable strides in 2023. The total budget revenue for the entire Kien Giang province in 2023 reached 15,120 billion VND, in which Phu Quoc alone contributed 51.7%. Notably, tourism revenue in Phu Quoc accounts for an impressive 85% of the province's total tourism revenue.
The U.S. Securities and Exchange Commission (SEC) has issued another round of queries on proposed changes to the rules that govern special purpose acquisition companies, or SPACs.
SHB introduces shareholders to dividend distribution plan of 16%, in which 5% will be paid in cash and 11% in shares. The cash payment is estimated at approximately 1.800 billion VND.
The rubber industry is a thriving sector, and Cao su Bà Rịa (BRR) is set to share its success with its investors. With a planned 7% cash dividend for 2023, BRR's majority shareholder, GVR, stands to receive an estimated 77 billion VND in dividends. This generous payout reflects the company's strong performance and bright prospects, offering a rewarding opportunity for investors.
The decision to raise interest rates by 50 to 100 basis points, if necessary to support exchange rate stability, will not significantly hinder economic recovery. Instead, it is a crucial step towards fostering a more stable macroeconomic environment.
The market didn't weaken further in the afternoon session, but a decline in several large-cap stocks prevented the VN-Index from recovering. Despite this, the advance-decline ratio indicated a positive price recovery for stocks. Foreign investors remained net sellers, with net outflows across the three exchanges exceeding 850 billion dong.
The market has been stuck in a sideways tug-of-war for the sixth consecutive session. Today's attempted breakout was swiftly halted, largely due to the inability of leading stocks to maintain their momentum, including VIC.
"The allure of Vietnam's resort real estate market is undeniable to foreign investors, yet they remain hesitant due to perceived obstacles, particularly regarding project development regulations and procedures. "