Tag: investment failure

The Ho Chi Minh City Stock Exchange (HOSE) has officially approved the listing of over 21 million shares of Vietnam Machinery Development Investment Corporation (Vimid, UPCoM: VVS). This decision comes three years after the company’s initial presence on the Unlisted Public Company Market (UPCoM).

In the past week of trading, cash flow weakened significantly, with no sector standing out as a notable magnet for investment. Conversely, numerous sectors experienced substantial outflows, highlighting a broader trend of capital withdrawal.

The Ministry of Home Affairs representative emphasized that the policy of reorganizing administrative units has undergone meticulous research and careful consideration prior to implementation, aiming for the long-term stability of the administrative unit system.