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BSC anticipates that the commencement of operations at Dung Quat 2 will coincide with a new cycle, similar to its previous plants at Hoa Phat (Hai Duong, Dung Quat 1).
Foreign selling pressure weighed on the VN-Index as it dropped by a significant 21 points.
The prices of condominium apartments have been steadily increasing, even skyrocketing, especially after the Tet holiday season. Transactions are being made at prices ranging from 45-60 million dong per square meter, depending on the project and location.
Over the last month alone, numerous mining businesses in Thanh Hoa province have been fined hundreds of millions of Vietnamese dong due to violations during their operations. These penalties have been imposed as a result of various infractions committed by these companies, ranging from environmental violations to improper licensing. The local authorities have taken a strong stance against these violations and are actively enforcing regulations to protect the environment and ensure the proper functioning of the mining industry. These actions demonstrate the province's commitment to holding businesses accountable for their actions and maintaining a sustainable and responsible mining sector.
From February 26th to March 1st, 2024, in Ho Chi Minh City, Vietcap Securities Joint Stock Company successfully organized the Vietnam Access Days 2024 (VAD) event. This is an annual event hosted by Vietcap and marks its 11th year.
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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.