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Update news vietnam economy
A lot of restaurants have had to shut down, but Vietnam remains an attractive market in the eyes of many investors.
Shares of electronics firm Hanel will be listed on the Unlisted Public Company Market (UPCoM) on February 13, four years after its initial public offering (IPO).
As the children of famous businessmen with assets worth trillions of dong, they not only inherit huge assets but also have higher education levels and business success.
Shrimp exports expected to enjoy fruitful advantages throughout 2020
The banks will have to complete the transitional period to meet Basel II standards and begin the race for Basel III, and will also have to list shares and compete fiercely in the digital transformation process.
Chair of the State Securities Commission (SSC) Tran Van Dung commented that the investors have ‘overreacted’ to the nCoV outbreak, believing that the market will recover when the epidemic peaks, as it happened with SARS and H5N1.
The ‘January effect’ hypothesis proved to be true when the Vietnamese stock market saw stock prices increasing in the last 12 out of 19 years in the month of January.
2020 will be a tough year for Vietnam’s businesses
It was 2 pm at a fashion shop on Thai Ha street in Hanoi and customers were waiting to make payments with their mobile phones.
More large corporations have released 2019 finance reports. The 2019 business season witnessed a boom of enterprises with the profit of over VND10 trillion.
Being clever and quick thinkers, the people born in the year of the Rat easily succeed in their careers and business.
Thailand fears that automobile manufacturers will relocate their production bases to Vietnam to enjoy the preferential tariff when exporting cars to the EU.
Ministry seeks to sell farm produce in face of nCoV outbreak
Problems have arisen in the first days of the Year of the Rat: the sale of farm produce to China has declined because of the coronavirus.
Billionaires made big money in the Year of the Pig.
Thousands of real estate brokers have had to leave the market, which has cooled down.
Vietnam plans to buy more electricity from neighbouring countries, but a big loss of VND3.09 trillion is pending.
Akihiko Iwatani, chief representative of Haseko Corporation in Hanoi, believes that Vietnam is the most attractive market in ASEAN for Japanese investors in particular and foreign investors in general.
Air Asia has given up its plan to set up a joint venture in Vietnam, while Vingroup has canceled its Vinpearl Air project.