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Vietnam may need to export more crude, slash fuel imports as unwanted oil stocks pile up hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The current bottom-fishing demand is still weak, so it was likely that the VN-Index will continue to move sideways with low liquidity. Photo: tinnhanhchungkhoan.vn HÀ NỘI The market will continue to move sideways this week with low liquidity to gradually form a strong enough accumulation base before returning to the uptrend, analysts said. The VN-Index was maintaining the recovery span from the support area of 1,286-1,261 points with low liquidity, which was a typical sign for an accumulation period, said analysts from SSI Securities Joint Stock Company (SSI). “The current bottom-fishing demand is still weak, so it was likely that the VN-Index will continue to move sideways with low liquidity,” they said. ....
Asia crude oil: Key market indicators July 12-16 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Modernisation a necessity for boom in home petrol market Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 08/07/2021
11:36 GMT+7 To foster a competitive market mechanism while remaining in control of the petroleum market, Vietnam could impose a foreign ownership cap of 35 per cent in the sector. There are tricky regulatory hurdles to overcome if Vietnam wants strong overseas involvement in its petroleum industry. Photo: Le Toan Vietnam has long maintained the rule that foreign-invested enterprises are not allowed to export, import, and distribute petroleum. But as the country’s market economy is gradually taking shape, the country is now aiming to create new capital flows and help the petrol and oil sector to operate more smoothly and under the market mechanism. ....
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. ....