Take it easy, bro. You’ve got this. Art by Tuan Tran
|
Yen Chi
The Soaring Apartment Prices: A Tale of Real Estate Woes and Cancelled Dreams
The leaders of Dat Xanh (DXG) have confirmed plans to cancel all previously signed purchase agreements for the Gem Riverside project and restart the development with new pricing. Affected buyers have two options: they can either receive a refund on their deposit (approximately VND 250 million) with a compensatory interest rate of 10-15% per year, or they can purchase a unit at a new discounted sales price.
The Art of Portfolio Management: Deciphering VN-Index’s Rise
The VN-Index stalled on September 20 as ETFs rebalanced their portfolios. The index fell as much as 15 points in the ATC as ETFs sold off stocks such as VIX, EVF, VHM, VNM, VCB, VIC, and SSI. However, it managed to stay in positive territory, inching up 0.77 points to close at 1,272.04.
The Stock Market: Riding the Wave of Uncertainty
Week 09-13/09 saw a stagnant performance in the stock market. The VN-Index ended the week at 1,251.71 points, with a notable decline in trading liquidity. The average trading value of the HOSE and HNX floors was VND 13.2 trillion, a significant drop from the VND 23.6 trillion recorded in the first six months of the year.
[Infographic] A Comprehensive Overview of Bank Performance in H1 2024
The credit market showed signs of recovery in the final month of Q2 2024, with interest income remaining the primary driver of bank profit growth. However, in a macro environment that is yet to fully rebound, the government and the State Bank continue to maintain supportive policies for businesses, and non-performing loans continue to rise.
The Stock Market Soars: A Dramatic Rise
The VN-Index surged by almost 30 points on August 16th, reaching an impressive 1,252.53. This significant increase showcases a promising trajectory for the index and underscores the potential for further growth in the Vietnamese stock market.
