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Shares trim losses on late buying force 10:08 | 08/05/2021
Vietnamese shares trimmed losses in late trade on Friday as strong buying force returned to the market, helping revive investor appetite after a sell-off earlier the day.
An investor watches stock indices on the board at the Ho Chi Minh Stock Exchange in HCM City. â VNA/VNS Photo Hua Chung
The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 0.70 per cent to close Friday at 1,241.81 points.
The southern market index had declined 0.47 per cent to finish Thursday at 1,250.57 points.
The market breadth was negative as 307 stocks declined while 118 rose and 41 stocks ended flat.
VIETNAM BUSINESS NEWS MAY 5 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
05/05/2021 12:11 GMT+7
Rubber industry needs to develop production chain
Rubber latex of Quang Tri Rubber Co Ltd. Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets.
Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.
To Xuan Phuc, an expert of Forest Trends said Viet Nam s export of processed rubber has been increasing to many countries. However, Viet Nam s export rubber products must meet many requirements on the export market, including legal issues.
The stock market closed the first session of May on a mixed note as the growth of banking shares rescued the VN-Index from a fall while the HNX-Index slumped due to the resurgence of COVID-19 in Vietnam.
Sun Life Vietnam increases charter capital 01:23 | 02/02/2021
Sun Life Vietnam has become one of the largest insurers in Vietnam
With this capital hike, Sun Life Vietnam has become one of the largest insurers in the country.
According to general director Larry Madge, this fresh source will help the firm strengthen its financial capacity, as well as continue to pursue its goal of helping customers achieve lifetime financial security and enjoy healthier lives.
Moreover, the insurer will lay a focus on developing the best digital experiences for customers, while continuing to expand distribution channels to reach more new customers. The capital hike also demonstrates the firmâs long-term commitment to Vietnamâs burgeoning market.