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Vietnam’s Economy Gears Up for Major Growth Opportunities

Despite the challenges ahead, we believe that Vietnam is currently facing a great opportunity for significant growth with long strides for the economy. Let's seize this opportunity, boost the investment potential of the economy, especially private investment, navigate through fluctuations, seek solutions to inject capital into the economy. This is also a strong opportunity for the banking industry.

Building a Cross-Border Trade Economic Zone Connecting Lao Bao and Densavan

The construction of the shared cross-border economic trade zone between Lao Bao and Densavan is highly suitable for the current economic development demands of both Vietnam and Laos, particularly in the areas of trade, commerce, and tourism. This project aligns with the ongoing trends and necessities of the modern service-oriented economy, making it a pivotal step towards economic growth and cooperation between the two nations.

Trade Defense: Ensuring Source Traceability to Reduce Export Risks

To enhance productivity and ensure sustainable export, businesses must increase the value of their products and ensure traceability of input materials for production.

Remove Unit Price Formula in Infrastructure Construction as Soon as Possible

Many contractors find themselves in a predicament where they are losing more money as they continue to work on projects, with no resources for reinvestment in equipment or the ability to retain high-quality personnel to enhance their competitive edge. This situation arises from outdated and unrealistic construction project estimates that do not align with reality.

Investment Seminar Series 2024 hosted by BizUni & NCDT

The 2024 investment conference series aims to provide investors with a comprehensive understanding of the macroeconomy, as well as expected returns and risks of investment instruments in 2024, enabling them to make informed investment decisions.

Low public investment disbursement: Da Nang Secretary takes collective and individual responsibility

Mr. Nguyen Van Quang, Secretary of the Danang Party Committee, has instructed to clarify the responsibility and reasons for the low disbursement of public investment funds. Based on this, effective solutions are needed to overcome this issue.

Boost Production, Sales, and Regain Growth Momentum

Immediately after the Lunar New Year holiday in 2024, the momentum of labor competition and production in businesses across Phu Tho province has resumed with a determination to drive industrial growth.

Developing Social Welfare: Allowing businesses to use land-based assets as collateral for credit borrowing.

Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Construction, the State Bank, the Ministry of Finance, and the Ministry of Natural Resources and Environment to study solutions and measures to facilitate and support banks in implementing the 120 trillion VND preferential credit package for social housing in accordance with market mechanisms. This includes allowing businesses to pledge assets formed on land as collateral for credit loans and establishing a social housing fund.

SHG to transfer multiple investments to pay off debts

The Board of Directors of SONG HONG Joint Stock Company (UPCoM: SHG) has agreed to proceed with multiple investment transfers, with an expected return of no less than 9 billion VND. The purpose is to supplement the necessary capital for payment of outstanding debts, urgently required.

Jacob&Co. Opening First Flagship Store in Vietnam

Jacob & Co Geneve LLC, one of the most prestigious luxury brands in watches and fine jewelry, has selected JW International Company Limited (JWICL) as its official and exclusive retail partner in Vietnam.
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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.