Unusual Developments in the Global Rice Market to Persist
Seven months after India imposed a series of rice export restrictions to stabilize domestic prices, turbulence in the global rice market still lingers.
In February 2024, Vietnam imported 214,064 tons of liquefied petroleum gas (LPG), equivalent to over 143.9 million USD, representing a decrease of 25.9% in volume and a decrease of 28.1% in value compared to the same period.
The State Bank of Vietnam, Ho Chi Minh city branch, encourages people to buy and sell foreign currencies at credit institutions, instead of privately and illegally, which is against the law and contains many risks...
NVIDIA seeks to collaborate with related central and local authorities to prepare the establishment of an AI (Artificial Intelligence) R&D (Research and Development) and training center; install a supercomputing system; and partially relocate production of GPU (Graphics Processing Unit) chips for supercomputers to Vietnam.
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.
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 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.
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.