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On the stock market of Vietnam, many businesses offering unusual or specialty products and services have obtained impressive results.
The benchmark VN-Index on the Ho Ch Minh Stock Exchange (HoSE) gained 0.62 per cent to close Friday at 847.61 points.
Private-equity bank shares have performed well amid fears of COVID-19 in the last five weeks.
As the coronavirus is going global, the local stock market is forecast to experience continued volatility next week, according to securities firms.
Brokerage firms and market experts remain pessimistic about market trading this week as investors run out of supportive information while international stocks continue to be weighed down by the novel coronavirus (COVID-19).
Japan-based firm Saibu Gas Co Ltd has become the large shareholder in PetroVietnam Low Pressure Gas JSC (PV GasD).
The business results of listed enterprises in the first nine months of this year are not so poor. However, uncertainty about the result of talks over the Sino-U.S. trade war makes it harder to forecast the development of Vietnam stock market.
Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH).
The increasing demand for finance has prompted a clutch of Vietnamese corporations, such as FLC Group, to seek out overseas initial public offerings, but after previous failures, few want to be the first to try their luck.
The VN-Index had rallied between the end of October and the beginning of November, with strong growth of large-cap firms.
Shares of four Vietnamese banks may rise 14-68 percent in 12 months, according to JP Morgan’s Asia Pacific Equity Research.
As many as 706 enterprises, 85 per cent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.
Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.
VietNamNet Bridge - Coffee chains in Vietnam have been developing rapidly in recent years with annual revenue growth rate of 32 percent, according to Euromonitor.
Non-aviation revenue in the airport business, including sales per passenger through ACV (Airports Corporation of Vietnam), is $1, compared with the average of $10-12 in Asia and $4-5 in Thailand and Malaysia.
Vietnam’s internet in recent days has been mostly relying on the mainland cable system across the northern border with China, which is a part of the APG system (the Vietnam-Hong Kong section), and partially on SMW3.
Some scholars, who believe the celebration of both solar and lunar new years is unnecessary as it causes a waste of resources, have suggested merging the two celebrations.
VietNamNet Bridge - Cement as well as oil and gas shares were popular in 2014, bank shares in 2015, and steel shares in 2016. What about 2017?
Mark Zuckerberg will put 99 percent of his Facebook Inc (FB.O) shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality,