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Mid-cap stocks in these five sectors will attract investment flows in June: VNDIRECT - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
June, 05/2021 - 07:56
|
Inside Century Synthetic Fiber s plant. The company is on the list of recommended stocks of VNDIRECT in June. Photo courtesy of Century Synthetic Fiber
HÀ NỘI In the recent monthly outlook report for June, VNDIRECT Securities Corporation (VND) said that besides large-cap stocks, some mid-cap stocks from steel, real estate, financial services, textile and seafood industries will attract cash flows this month.
In May, the market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) continued its rally despite the outbreak of COVID-19 in late April. 
On May 31, the index closed at 1,328.05 points, up more than 18.5 per cent compared to the beginning of the year.   ....

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Contour Pilots Blockchain-Based Transaction in Vietnam


 
Contour, a blockchain trade finance network that’s formerly known as Voltron, announced that it has completed a pilot transaction between two textile companies with its blockchain network. The transaction was conducted between Tainan Spinning based in Taiwan and Century Synthetic Fiber Corporation in Vietnam.
CTBC Bank, the founder bank of Contour, was the advising bank in the letter of credit (LC) transaction, supporting Tainan Spinning. The importer, Century Synthetic Fiber Corporation was supported by Vietnamese-based HDBank who acted as the issuing bank.
HDBank is reportedly the first Vietnamese based bank to have accomplished the full import LC transaction flow from issuance to presentation and settlement. This transaction marks the first time HDBank has utilised the network, and the first time CTBC Bank has worked with Contour introducing the network to the textile industry. ....

Republic Of , Carl Wegner , Century Synthetic Fiber Corporation , Tainan Spinning , Standard Chartered , குடியரசு ஆஃப் , கார்ல் வெக்னர் , சிஇஎன்டியுவ்ஆர்ஒய் செயற்கை ஃபைபர் நிறுவனம் , தரநிலை பட்டய ,