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“Bamboo Capital Appoints 30-Year-Old Whizzkid as Administrator”
Mr. Pham Minh Tuan, the former Vice Chairman of the Board of Management of Bamboo Capital, has stepped down from his position. The company has appointed Mr. Duong Thanh Tin (30 years old) as the new Chairman of the Board of Management.
“The South-Central Expressways: Racing to a 2023 Finish”
On June 7th, Deputy Prime Minister Nguyen Hoa Binh, along with Inspection Team No.1 (as per Decision 486/QD-TTg by the Prime Minister), held a meeting with local authorities, investors, and contractors to address challenges and obstacles faced in four North-South expressway projects: Hoa Lien-Tuy Loan, Quang Ngai-Hoai Nhon, Hoai Nhon-Quy Nhon, and Quy Nhon-Chi Thanh. These projects span across Da Nang city and the provinces of Quang Ngai, Binh Dinh, and Phu Yen.
Two Foreign ETFs Are Expected to Offload 15 Million VIC and VHM Shares
According to MBS's forecast, Vingroup's stocks (VIC and VHM) are expected to witness significant selling pressure during the upcoming rebalancing of the two foreign ETFs. This is due to their strong performance in the second quarter, which has pushed their weights beyond the allowable limits in both the FTSE and VNM ETFs. On the buying side, EIB, HPG, and NAB are expected to be among the prominent stocks in terms of purchase volume.
