The paradox of construction material market
Authorities need to clarify the situation in which construction contractors are complaining because construction material prices are fluctuating, with an increase of 40% upwards, while many building material manufacturers earn huge profits.
Vietnam has big plans for infrastructure Barron s
barrons.com, an US-based newswire, has recently run an article annalysing positive impact of the infrastructure development plan, adopted at the 13th National Congress of Communist Party of Vietnam, on the Southeast Asian country’s financial market.
VinSmart stops smartphone and TV manufacturing
Vingroup, Vietnam’s largest private conglomerate, has unveiled plans for its subsidiary VinSmart to halt the manufacturing of televisions and smartphones to concentrate on developing electronic products and other components for VinFast cars.
Lack of semiconductor chip to affect car sales
The global vaccination led to a positive economic outlook, resulting in faster and stronger demand for car.
Vietnam becomes more attractive to foreign investors
Many investors said that Vietnam has been still strengthening its position as one of the more and more attractive investment destinations, being the first choice for foreign enterprises, especially those who are seeking to diversify their investment portfolios outside of China.
Shares forecast to correct on cautious sentiment
Vietnamese stocks are forecast to stay on a downward trend this week due to caution among investors and accelerated selling pressure from foreigners, analysts said.
Vietnam s rubber exports enjoy surge in first four months of 2021
Vietnam exported 486,000 tonnes of rubber worth $817 million during the past four months of the year, representing a year-on-year increase of 79.6% in volume and 111.6% in value compared to the same period from last year, according to data released by the Ministry of Industry and Trade.
Foreign investors will soon return to Vietnam's stock market: HSBC
Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
New government moves to spur on impetus for economic growth
With the domestic economy witnessing positive growth in the first quarter, spurred on by a rise in business confidence, the government has continued demonstrating its strong will to drive the economy towards further growth,
Hanoi to review housing projects for foreigners
The city will control foreign investment in the real estate area as well as their transfer of collected money abroad to prevent money laundering, transfer pricing and tax evasion.