News

 Vietnam's national flag carrier Vietnam Airlines has gained approval of the Ho Chi Minh Stock Exchange (HoSE) to list its 1.4 billion shares on the southern bourse.

HOSE: Market Summary 18.04.2019

Country Director of the Asian Development Bank (ADB) Eric Sidgwick has recommended Vietnam push ahead with restructuring its economy to maintain stable growth in the medium and long terms.

Stable production and supply-demand balance has helped Vietnam’s construction materials industry better meet domestic demand, according to the Department of Construction Materials under the Ministry of Construction.

The State Treasury of Việt Nam mobilised more than VNĐ2.1trillion (US$90.17 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) on Wednesday.

Some 600 million Choco pies were sold in Vietnam last year, with sales reaching 92 billion won (S$109.6 million), the highest recorded in Vietnam so far, Korean confectionary firm Orion said Wednesday.

Coffee trading has been slow this week in Vietnam due to weak prices, while elections in Indonesia saw traders keep to the sidelines.

Chaebols are investing in the Southeast Asian country’s conglomerates, but forgoing the discount that typically comes with them.

The VN-Index of the Hochiminh Stock Exchange closed down 0.58% to 977.17 points today, April 17, as property firm VIC kept the bourse from further loss.