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Despite a 5.9% increase in the processing and manufacturing industry in the first 2 months of 2024 (compared to the same period last year), the overall industrial production index (IIP) for February (estimated to decrease by 18% compared to the previous month and 6.8% compared to the same period last year) and the previous year, especially in 2023, showed that there are still many challenges ahead for the growth of the industrial sectors.
Le Van Tam, a prominent businessman, has recently sold his LNG warehouse at Cai Mep Port to an American corporation. This marks Vietnam's second LNG port, following the Thị Vải LNG port owned by GAS in the province of Ba Ria-Vung Tau. The new facility is set to begin operations in the near future.
At the scene, the small car with Thanh Hoa license plate was completely crushed and deformed after the accident.
The profits from investment activities offset the decrease in profits from non-life insurance business, enabling many non-life insurance companies to achieve double-digit profit growth in 2023.
The Bamboo Airways Tower sign is no longer hanging, as the building at 265 Cau Giay has officially been renamed The West, under the new ownership of Gateway Hanoi Corporation. After nearly a year of upgrades, renovations, and repositioning, The West aims to become a premier office, commercial, and service building in the area.
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Ho Chi Minh City: Preserving the Minimum Parcelization Threshold for Residential and Agricultural Land...
The proposed replacement for Decision 60/2017 stipulates that all land plots, both before and after subdivision, must abut a transportation route approved by the relevant authorities.
“Coinbase Restores Functionality, But Withdrawals Remain Unavailable”
Coinbase, the world's second-largest cryptocurrency exchange by trading volume, suffered a major outage.
A New Major Shareholder Arrives, HAG Board Member Resigns After Three Decades of Dedication
The Hoang Anh Gia Lai Joint Stock Company (HAGL) has announced the resignation of Mr. Nguyen Chi Thang from their Board of Directors. Mr. Thang tendered his resignation on May 7th, citing personal reasons.
The Market Beat: The Prolonged Divergence Play
The market closed with the VN-Index down 3.94 points (-0.32%) to 1,244.7, while the HNX-Index climbed 1.1 points (0.47%) to 235.68. Bears dominated the market breadth with 396 declining stocks against 342 advancing ones. The large-cap stocks in the VN30-Index basket painted a similar picture, with 22 losers, 4 gainers, and 4 stocks closing flat.
Market Beat: VN-Index Surges Ahead
The market ended the session on a positive note, with the VN-Index climbing 1.68% to 1,241.58 and the HNX-Index gaining 1.78% to close at 232.29. The market breadth tilted in favor of bulls with 583 advancing stocks against 189 declining ones. The large-cap stocks in the VN30 basket painted a rosy picture, as evident from 28 gainers and merely 2 losers.