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Sharp increase in interbank interest rates following the action of the SBV

Interbank interest rates have skyrocketed following the State Bank of Vietnam conducting three consecutive VND refinancing operations, resulting in a total accumulated volume of nearly 45,000 billion VND.

Nearly 600 businesses cease operations: Quang Nam devises solutions to support struggling enterprises

On March 16th, the province of Quang Nam will be hosting the Announcement Ceremony of the Quang Nam Provincial Development Plan for the period 2021-2030, with a vision towards 2050. Quang Nam aims to become a prosperous province in Vietnam and a key driver of growth in the Central Highlands - Central Coast region by 2030. However, achieving this goal will not be easy as the province is currently facing various economic challenges.

Sonadezi targets nearly equal post-tax profit for 2024 as previous year

Sonadezi Joint Stock Company for Industrial Park Development (Sonadezi, UPCoM: SNZ) aims to achieve a post-tax profit of approximately the same level as the previous year in 2024, with an estimated amount of VND 1,370 billion, representing a slight decrease of 1% compared to 2023.

The oldest industrial zone in Vietnam before relocation

Formed over 60 years ago, Bien Hoa 1 Industrial Park is nearing the completion of its iconic mission as Vietnam's industrial backbone to transform its function into a residential, commercial, and service-oriented urban area.

Electric pickup trucks Made in Vietnam priced at over 20 million: Drive thousands of...

A Vietnamese startup company has developed an electric motorcycle model that is priced at over 20 million VND and can be used both for carrying goods and personal transportation.

Reviewing Multi-Million Dollar Real Estate Business Deals by VinaCapital

VinaCapital has made a name for itself in the real estate industry with numerous multimillion-dollar acquisitions of businesses and real estate projects.

Heavy penalties imposed on Thanh Hoa’s mining giants

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.

NHNN absorbs nearly 15 trillion VND through bond channel after more than 4 months...

In mid-March, the State Bank of Vietnam resumed its issuance of bonds after a 4-month pause.

Why are Hanoians racing to find homes in alleys?

In a context where apartment prices are rising and supply is limited, people in need of housing are turning to buying houses under 45 m2 in alleys and streets, priced from 3 - 5 billion VND.

The overview of the road project with a 2,800 billion VND investment for expansion.

The expansion project of the Hanoi - Vinh Road Section, with a total investment of 2,800 billion VND, is set to be completed by 2026.
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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.