The fears of the Wuhan coronavirus, which is now called Covid-19, have clouded prospects for the global economy. The virus will cause many economic and human losses, prompting credit institutions and credit rating agencies to lower their prospects for economic growth in Asia, China and Vietnam, Khanh said. … [Read more...] about Real estate firms drag VN-Index down
“This resistance zone can be considered a challenge to the VN-Index in the short run," Trần Xuân Bách, a BVSC stock analyst, wrote in Friday’s market report. "Thus, we leave open the possibility that the market will reverse direction, going down when facing this zone next week." … [Read more...] about Shares stagnant despite ETF portfolio restructuring
It was followed by stocks of three banks, with BID of state-owned banking giant BIDV leading with a 3 percent increase. The other two gainers were mid-sized lenders, TCB of private Techcombank and MBB of state-owned Military Bank, up 2.1 percent and 0.9 percent respectively. … [Read more...] about Stock market slips in quiet session
In the latest review in mid-2019, Morgan Stanley Capital International (MSCI) still had not added Vietnam to the watchlist for upgrading from frontier to emerging market, though Vietnam could satisfy all quantitative criteria, including market scale, capitalization value and number of listed companies with capitalization value of $1 billion. … [Read more...] about When will Vietnam’s stock market be upgraded?
Slipping one place, the report stated that Viet Nam performed well in international opportunities, ranking fourth globally, while it stood 21st in domestic logistics opportunities and 20th in business fundamentals, which includes regulatory environment, credit and debt dynamics, contract enforcement, anti-corruption safeguards, price stability and market access. … [Read more...] about Viet Nam’s logistics wins in US-China trade war