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Vietnamese shares ended on a positive note on Tuesday morning but in the afternoon session Hồ Chí Minh Stock Exchange shut down due to high transaction value affecting system safety. ....
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
Prices of foodstuffs have been increasing due to rising costs of raw materials. Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen. ....
VIETNAM BUSINESS NEWS MAY 14 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 14/05/2021
09:58 GMT+7 New container terminals to be built in Hai Phong A project building container terminals No 3 and 4 at the Hai Phong International Gateway Port in the Lach Huyen Port area was launched in the northern port city on May 12. With a total length of 750 metres and a width of 50 metres, the two terminals will be able to berth 160 TEU (3,000 DWT) vessels. The project’s total area is 47 ha. Approved by the Prime Minister on January 9, 2019, the project is scheduled to be totally completed in 2024, one year earlier than planned. ....
Share A steel production line at Hoa Phat Group s Hai Duong Steel JSC. Hoa Phat led the one-trillion-dong profit club for January-March. VIETNAM NEWS AGENCY Hoa Phat Group leads Vietnam’s ‘1T-dong profit club’ Fri, 14 May 2021 Twenty-two companies have entered the “one-trillion-dong profit club” in Vietnam for January-March, despite the economy being ravaged by the Covid-19 pandemic. Leading the group is steelmaker Hoa Phat Group (HPG), replacing the former champion of the first quarter of last year – residential real estate firm Vinhomes JSC (VHM). Hoa Phat Group (HPG), for the first time, surpassed many other local large corporations such as Vinhomes (VHM), Vietcombank (VCB) and VietinBank (CTG) with more than seven trillion dong ($302.9 million) in post-tax profit in the first quarter of 2021, tripling the profit achieved in the first quarter of last year. ....
A customer shops at Mobile World Group s outlet in Hà Nôi. Shares of Mobile World Group (MWG) rose 3.7 per cent on Tuesday. Photo courtesy of MWG HÀ NỘI - Shares extended gains on Tuesday thanks to the outperformance of some individual large-cap stocks. The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the session at 1,268.28 points, up 0.61 per cent or 7.7 points. The market breadth was negative as 187 stocks gained while 227 stocks decreased during the session. The market s liquidity stayed high with over 843.6 million shares traded on the southern bourse, worth VNĐ23.1 trillion (US$1 billion). ....