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Foreign withdrawals not yet a concern for stock market
Foreign investors have been strongly net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the market's sentiment. However, this net selling and capital withdrawal by foreign investors is not yet a worrying trend.
AI giving cosmetics industry a makeover
Artificial Intelligence is transforming many industries, including cosmetics, according to the leading market expansion services provider DKSH.
Difficulties in maintaining domestic consumption this year: surveys
Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's increasingly difficult to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.
Around 8% of Vietnam’s population have accounts for securities trading
Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population, according to statistics supplied by the Vietnam Securities Depository and Clearing Corporation.
Vietnam’s export products encounter 253 trade defence lawsuits
Vietnam’s export products are facing 252 trade defence lawsuits from 24 markets as of June, according to the Ministry of Industry and Trade.
Credit growth soars in June
Credit growth has accelerating since the beginning of June, signaling that the 15% growth target is achievable, if the rate is maintained in the remaining months of this year.
Manufacturing business sentiment to rise
Vietnamese manufacturing business sentiment is set to rise in the third quarter on the back of the country’s unexpectedly higher economic growth in the second quarter and an optimistic outlook for the year.
Listed firms’ compliance with disclosure requirements increases sharply
Some 424 out of 708 listed companies on the Hanoi and Ho Chi Minh stock exchanges surveyed have complied with information disclosure norms, 60 more than last year, a survey by the 2024 IR Best Practice Awards programme has found.
Central bank works on protecting banking service users
The State Bank of Vietnam (SBV) will research and amend regulations on safety and security in online banking service provision to better protect customers, an SBV official said on July 4.
Hanoi hosts first Aerospace and Defence Manufacturing Innovation Day
The first ever Aerospace and Defence Manufacturing Innovation Day attracted participation from key organisations and ministries, including the French Embassy in Vietnam.