Category Archives: Finance

Advertisements As estimated, the total investment of the project is very large, 85,813 billion VND (more than 3.7 billion USD) for belt 4 and 75,370 billion VND (more than 3.2 billion USD) for belt 3. The construction project of Belt 4 in the Capital region has a large total investment. To ensure a balance of resourcesContinue reading “It is expected to spend more than 160,000 billion VND to build two “super belt” routes.”

Advertisements Major international newspapers have published many articles praising Vietnam’s efforts to clean up the market in the past week. “Vietnam is like a middleweight boxer but still competing in the lightweight group”, this is the simile of the World Bank representative when talking about the size of Vietnam’s capital market . It is because the market sizeContinue reading “Vietnam is highly appreciated by international investors after efforts to “clean up” the market”

Advertisements Many Asian countries benefited from Russia’s reduction in oil export prices, typically China, India, Japan and South Korea, according to Nikkei Asia. Russian oil massively poured into Asia From February 24 to April 18, a total of 380 oil tankers left Russia, according to data from global financial data company Refinitiv. This number increased slightlyContinue reading “Asian countries take advantage of buying crude oil from Russia”

Advertisements The reason for this decline is probably because of growing concern about US interest rates. Japan’s Nikkei 225 fell 1.9% to 26,578.70, Hong Kong’s Hang Seng fell 2.6% to 20,099.04, and Shanghai’s Shanghai Composite fell 2.3. % down 3,017.10 points. Taipei markets fell more than 2%, while Seoul, Singapore, Manila and Jakarta were alsoContinue reading “Asia: The stock market dropped in the morning of 25/4”

Advertisements Current personal financial demands such as loan payment, insurance, online savings, accumulated investments, consumer credit,… can all be done on smartphones, instead of going to the transaction counter as before. MoMo’s recent report said that the company’s finance – insurance segment now has about 10 million users after 4 years of launching the serviceContinue reading “90% of Vietnamese’s personal financial demands now can be done on smartphones”

Advertisements Vn-Index has a forward P/E in 2022 of 12.2 times, much lower than the average of the last 5 years (14.5 times), which is a very reasonable level for long-term investment…. Since the beginning of April 2022, a number of events and negative information have impacted the Vietnamese stock market. The VN-Index decreased from 1,492.2Continue reading “Why are Vietnamese securities now suitable for long-term investment?”

Advertisements At 13:43 Vietnam time, the price of Brent oil fell 26 US cents (0.23%) to 112.90 USD/barrel, after rising more than 1 USD to 114.21 USD/barrel at the beginning of the session While the price of New York light sweet oil (WTI) fell 45 US cents (0.42%) to 107.76 USD/barrel, after rising to 108.92Continue reading “Oil prices in Asia fell, as the dollar appreciated.”

Advertisements In the afternoon session of April 18, Asian stock markets dropped with cautious movements. As previously reported, China’s economy accelerated in the first quarter of 2022, but this figure was still lower than initially expected. Korea’s KOSPI stock index. Photo documentary: YONHAP/VNA At the end of this session, in Tokyo, the Nikkei 225 index droppedContinue reading “Asian stocks turned red on the afternoon of April 18”

Advertisements Asian gold price in the afternoon session of April 18 rose to the highest level since mid-March 2022 A gold shop in Ahmedabad, India. Photo: AFP/VNA Spot gold rose 0.8 percent to $1,989.65 an ounce at 2:23 p.m. Vietnam time, touching its highest level since March 11. U.S. gold futures also rose 0.9 percent to $1,993.40Continue reading “Hot news: Asian gold prices hit a one-month high”