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VIETNAM BUSINESS NEWS AUGUST 20

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The biggest winners of stock rally in bank and real estate


The biggest winners of stock rally in bank and real estate
18:00 | 01/06/2021
Stock market prospects are rosy this year, propelled by strong corporate earnings and capital raising. Hoang Viet Phuong, head of Research at SSI Securities, discussed the major themes for bank and property-related stocks, which are the two largest sectors in the domestic equity landscape.
Last week, the VN-Index reached an all-time high of 1,300 points as investor optimism soared due to prospects of an economic surge in the context of nationwide vaccinations and favourable supporting policies.
Banks are seen as proxies for the health of the US economy. Their shares were in the doldrums around this time last year when global commerce ground to a halt. But over the past few months, stocks have bounced back. The index returned to a record in March, topping its prior high from 2007. ....

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Top 10 prestigious firms in property and construction announced


Top 10 prestigious firms in property and construction announced
Wednesday, 2021-04-28 11:25:50
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NDO – The Vietnam Report JSC cooperated with VietNamNet e-newspaper to announce top 10 prestigious firms of the real estate, construction and building materials sector in Hanoi on April 27.
The list of top 10 prestigious firms of the real estate, construction and building materials sector in 2021 honoured top names such as Vinhomes JSC, Nova JSC, Ecopark Group JSC, Nam Long Investment Corporation and Hung Thinh Corporation.
The firms have been included in the 2021 list of the 500 fastest-growing companies in Vietnam (FAST500). They are being honoured for their significant contributions to the domestic construction sector as well as their efforts to move forward in the “new normal” period. ....

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