Equity funds see biggest outflow in two years despite August market gains
Equity funds in Vietnam saw record withdrawals in August, marking the strongest outflow in two years despite gains in the stock market.
E-commerce booms, packaging paper industry benefits significantly
One of the key growth drivers for the paper packaging industry is the boom in e-commerce, FiinGroup reported, forecasting that the size of Vietnam's e-commerce market will reach 60 billion USD by 2030, leading to a massive demand for corrugated cartons used for shipping.
Cement sector expected to continue growth
The prospects of cement enterprises in the second half of the year will continue to improve, especially during the construction season at the end of the year, according to Chairman of the Vietnam Cement Association (VNCA) Nguyen Quang Cung.