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Market Beat 20/02: Shakeout at Resistance, Foreigners Resume Net Selling
The VN-Index experienced some volatility during the afternoon session, but overall, the fluctuations were not significant. The index closed on February 20th at 1,292.98, a gain of 4.42 points. The HNX-Index and UPCoM-Index also witnessed some volatility but managed to end the day in the green at 238.02 and 100.08, respectively. Foreign investors made a notable return to net selling.
The Wood Industry of Dong Nai Strives for $2 Billion in Exports by 2025
As the second-largest wood product exporter in Vietnam, after Binh Duong, Dong Nai's wood industry has embarked on a journey of innovation with a focus on technical wood projects. With a sustainable development mindset, the province is unlocking the vast potential of the technical wood market for the future. Aiming high, Dong Nai strives to achieve a remarkable export target of $2 billion by 2025.
“Vietnam’s Offshore Wind Power Plans: A Post-2030 Vision”
Vietnam is set to embrace a greener future with a strategic focus on onshore and nearshore wind power. The country aims to significantly boost its renewable energy capacity by targeting an impressive 27,791 to 34,667 megawatts from these sources. This ambitious initiative underscores Vietnam's commitment to sustainable practices and positions it as a leader in the global transition to clean energy.
