The last few years have seen a decline in revenue across most businesses, especially those in real estate, where the pressure of corporate bonds maturing within this year has many enterprises fearing a state of insolvency.
The cash flow poured into the market heavily, so many stocks rebounded robustly, helping the VN-Index surpass 1,040 points at the close. Foreign investors also net bought for a second consecutive session with more than VND243 billion on the HoSE.
Outstanding business results in 2022 were factors for investors to expect great hopes in seaport stocks in 2023. However, recent statistics show that seaport enterprises are facing turbulent times as demand has fallen all round.
Pillar stocks, such as STB, BID, and VRE, rallied in the last minutes of the trading session on February 13, cushioning the losing momentum of the VN-Index, helping the index to close above 1,040 points.
The selling pressure caused the electric board to be flooded in red color with more than 600 stocks dropping. However, this is an opportunity to catch the bottom of cheap stocks for cash-holding investors.
Party General Secretary Nguyen Phu Trong on March 30 chaired a meeting of the Party Central Committee’s Politburo and Secretariat on a project summarising the 10-year implementation of Resolution No. 15-NQ/TW.
A global problem, climate change requires a global approach based on multilateral cooperation and institutions, Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN), has said.
In addition to identifying the prioritized agricultural production sectors in the order of aquaculture, fruit trees, and rice, many resources have been invested in the Mekong Delta to cope with the issues caused by climate change.
A working session on the results of the implementation of Resolution 27/2021/NQ-HDND on policies of preschool educational development in industrial parks and a draft resolution on service fees in schools was held yesterday.
Recently, the Ministry of Finance has put forward a plan to levy an excise tax on sugary and non-alcoholic beverages with the aim of bringing down sugar consumption and improving public health. However, this draft is still controversial.