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Slowing EV Rollout, Adjoining US Market Struggles

Canada's electric vehicle targets are unlikely to be met as projected.

China, World’s Most Populous Country, Pledges Commitment to EVs, Specifically Citing VinFast

As stated by Rajesh Kumar Singh, Director General - Trade Promotion, and Joint Secretary, Ministry of Commerce and Industry, Government of India:

Thousands of Cars Parked in Ports: What’s Happening to Chinese Cars in Europe?

Cars meant for export are grounded at the ports, why?

Asian Electric Vehicle Giant Soars in the U.S.: Outselling Ford and GM, Gaining Popularity...

Not Ford or GM, this brand is the third best-selling in the US, behind only Tesla.

Not just selling cars, VinFast is on the verge of offering something several giants...

According to the billionaire Pham Nhat Vuong, VinFast will sell it not only in Vietnam, but also in other countries.

Vietnam’s First 100% Homegrown “Smart Brain” Car: A Technological Marvel

This electric vehicle is set to revolutionize the automotive industry in 2024, according to Pegas CEO.

BYD Seal Set to Arrive in Vietnam, Live Photos Reveal What to Expect from...

The arrival of an electric sedan like the BYD Seal in Vietnam is a rare occurrence, as other electric vehicle manufacturers have been focusing their efforts on the SUV segment.

I Owe Toyota an Apology

Why does Adam Jonas, head of auto and space research at Morgan Stanley, say this?

Chinese electric car start-up Nio nears breakeven, realizing Apple’s unfulfilled dream

Xiaomi CEO Lei Jun once admitted that they might have to sell electric vehicles at a loss to compete, but the results have been surprisingly good, leading several analyst reports to upgrade their gross margin forecasts for the phone-maker-turned-carmaker.

Recent Developments in VinFast’s $2 Billion Project in India

VinFast commits to investing USD 500 million in India in the first phase over five years.
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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.