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What makes the two new companies ‘under the control’ of Coteccons special?
Coteccons has recently acquired two infrastructure construction companies, both of which have foreign investment. These companies are Sinh Nam Metal Company Limited (Vietnam) and UG Vietnam M&E Company Limited (UG M&E).
VinFast signs MOU for cooperation with first 5 dealers in Indonesia
This agreement serves to expand the distribution network in the Indonesian market, enhance VinFast's brand presence, and strengthen its competitive capabilities in the global electric vehicle market.
The actor Mr. Bean is the reason why electric car sales in the UK...
According to Sky News, Rowan Atkinson (the main actor of popular comedy films such as Mr. Bean and Johnny English) is believed to be one of the reasons behind the slowdown in the adoption of electric vehicles (EVs) in the United Kingdom.
Ho Chi Minh City: Proposal for the Establishment of Metro and TOD Group
The Chairman of Ho Chi Minh City People's Committee, Mr. Phan Van Mai, has announced that the city will be exploring the establishment of a Metro and TOD Corporation.
Focus on Quang Ninh: Intense Concentration, Seizing Every Day, Every Hour to Attract FDI.
Right after the Lunar New Year holiday, the leaders of Quang Ninh province have proposed that the departments and branches focus on handling various tasks, including attracting FDI investments.
Leadership Accountability: Uncovering Air Cargo Smuggling
The Vietnam Aviation Administration recognizes the fight against smuggling, trade fraud, and counterfeit goods as a vital political task, regularly carried out by all officials, civil servants, officers, and employees within the organization.
Surge in International Tourists Flying to Vietnam
As per the Ministry of Transport, during the Lunar New Year in 2024, international airlines welcomed a total of 633,000 passengers, which marked an increase of nearly 49%. In contrast, the number of domestic passengers reached over 628,000, showing a decrease of more than 13% compared to last year's Tet holiday.
Vietnam’s Manufacturing Sectors Show Improved “Health” as PMI Increases
The Purchasing Managers' Index (PMI) of Vietnam in January 2024 slightly moved up, indicating a positive improvement in the country's manufacturing sectors.
Investment of 422 trillion VND in Key Areas Creates New Development Opportunities for Many...
This is one of the crucial domains, the key, the driving force of Vietnam's economy.
Prime Minister: Accelerating the Implementation of Critical Infrastructure Projects
Public investment plays a crucial role in driving and mobilizing all social resources for development investment, according to the Prime Minister. By 2024, the country will allocate 657 trillion VND for public investment, primarily in transportation infrastructure, with the aim of achieving a disbursement rate of at least 95%.
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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.
