I paused, attended Volvo’s first exhibition in Vietnam: Turns out, enough is successfully satisfying
For the first time ever, Volvo has set up its own exhibition in Vietnam, where the Swedish car manufacturer expresses its gratitude to customers for 8 years of success and subtly conveys messages of a game-changing year 2024 in terms of "energy regeneration".
March 14 marks a significant milestone for Volvo in Vietnam as the Swedish carmaker organizes its own exhibition – something they have never done in their 8 years in Vietnam. Throughout that time, from an unfamiliar, logo-less carmaker, misunderstood in many aspects, Volvo is now not only established in customers’ minds as the safest luxury brand, but also ranks in the top 3 in terms of sales in Vietnam, representing itself as the fastest-growing market worldwide.
Know to pause and enjoy, to chat, and savor life, Volvo Vietnam brings the Lagom lifestyle back home, portrayed in the lush green surroundings and the sound of flowing water and singing birds on the GEM Center rooftop – a place where they don’t showcase too many cars like an exhibition is supposed to. Instead, it’s about “fika” activities – a term from the Swedish people, representing moderation, stopping to enjoy, chat, read books, or savor a cup of coffee together.
The book is priced at 599,000 VND – said to only cover the printing costs. If there is any profit, Volvo Vietnam said it would be used for charity projects, creating playgrounds for children. Currently, there are 2 versions of the book: one for adults and one for children, and an English version is coming soon.
On November 22, Vietnam Industrial and Commercial Bank Securities Joint Stock Company (HOSE: CTS) sold 201,800 shares of Kien Hung Joint Stock Company (HNX: KHS). This sale marked the first time CTS offloaded KHS shares since the seafood company's listing on the stock exchange almost seven years ago.
The VN-Index and HNX-Index both climbed, forming a Doji candlestick pattern, indicating investor indecision. This pattern suggests a potential shift in market sentiment, as investors appear uncertain about the future direction of the market. With the indices hovering at these levels, it's a pivotal moment for Vietnam's stock market, leaving investors wondering if this is a mere pause or a sign of things to come.
The analysts' assessment is that, as short-term volatility subsides, Vietnam has a solid foundation for its market to perform well, given its historical success in adapting to external conditions and the internal commitment to supporting and fostering growth.