News

 The weak performance of large-cap stocks dragged the VN-Index of the southern market down 0.14% at 889.37 points today, March 4.

CapitaLand Limited has achieved a total profit after tax and minority interests (PATMI) of over S$2.1 billion (US$1.5 billion) in fiscal year 2019, 21.2 per cent higher than that of last year.

Vietnamese shares hobbled Wednesday as purchases for hard-hit stocks helped offset a prolonged foreign net selling amid fears of the slowdown of the global economy.

The HCMC government, which has scrutinized a number of controversial build-transfer (BT) infrastructure projects in the Thu Thiem New Urban Area in District 2, has permitted investors to resume construction.

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus (COVID-19), which could well reach a pandemic as dozens of countries reported new infections, said industry leaders and experts.

The site clearance work for the second metro line project in HCMC is expected to be completed by June 30 so that work on the project can start in October, according to the Management Authority for Urban Railways (MAUR) of HCMC.

A new solar power plant will come into operation in the south-central province of Ninh Thuan in middle of this year, following an engineering, procurement and construction (EPC) contract inked between Ninh Thuan Energy Industry JSC and Sharp-NSN joint venture on Monday.

BAA Training Vietnam, an aviation training centre in HCM City, has announced that it will purchase more training equipment, including a state-of-the-art Airbus A320neo full flight simulator which has been assembled and approved by Civil Aviation Administration of Vietnam (CAAV).

The southern province of Ba Ria-Vung Tau is expected to restart work on the Con Dao Passenger Port at a revised cost of VND158 billion (US$6.8 million).