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VIETNAM BUSINESS NEWS JUNE 3

VIETNAM BUSINESS NEWS JUNE 3
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03/06/2021

12:20
GMT+7
Stock market hits historic peaks
Vietnam’s benchmark VN-Index rose 3 points on June 3 to reach a record-high of 1,340.78 points.
Liquidity on the Ho Chi Minh Stock Exchange (HOSE) also posted a new record of nearly 26.14 trillion VND (1.13 billion USD).
The southern bourse saw 222 codes rising, 187 codes declining, and 49 remaining unchanged.
The HNX-Index on the Hanoi Stock Exchange, meanwhile, rose 3.58 points to 322.05 points, also a new high.
Liquidity stood at more than 4.41 trillion VND. It had 112 codes increasing, 79 declining, and 80 staying flat. ....

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Funds key for delta bottleneck

Mekong Delta provinces are actively accelerating the development of transport infrastructure to remove logistics bottlenecks for better regional connectivity. ....

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Mekong Delta: Logistics problems hamper agri exports

Mekong Delta: Logistics problems hamper agri exports
As the Vietnamese Mekong Delta does not have enough deep-water ports or warehousing, transport costs have been surging, which in turn caused agriculture product competitivity to drop.
Mekong Delta contributes 90 percent of the country’s rice exports, 65 percent of seafood exports, and 70 percent of fruit exports.
It has a total seven ports, of which the largest is Long An International Port in southern Long An Province. The latter can accommodate cargo ships with a capacity of 70,000 tons. The second largest is Cai Cui Port in the Mekong Delta city of Can Tho, which can handle 20,000 ton cargo vessels. It also has 57 inland waterway ports. ....

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Poor logistics hinder Mekong Delta agri exports - VnExpress International

Poor logistics hinder Mekong Delta agri exports
By Cuu Long April 10, 2021 | 05:58 pm GMT+7
Cai Cui Port in the Mekong Delta city of Can Tho. Photo by VnExpress/Cuu Long.
A lack of deep-water ports and warehousing has seen transport costs surge and Mekong Delta agriculture product competitivity drop, experts have said.
Logistic costs accounts for 30 percent of product price, which is an unreasonably high proportion. In Thailand the figure is 12.5 percent, and the average global figure, 14 percent. This hinders Mekong Delta agriculture products from competing with equivalents from Thailand and China, said Pham Tien Hoai, chairman of Hau Giang Business Association. ....

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VinaCapital GS Energy recieves investment certificate for $3 billion LNG plant

VinaCapital GS Energy recieves investment certificate for $3 billion LNG plant
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