PM highly evaluates OFID-funded projects in Vietnam Business

PM highly evaluates OFID-funded projects in Vietnam

Prime Minister Nguyen Xuan Phuc received Director General of the OPEC Fund for International Development (OFID) Abdulhamid Alkhalifa in Hanoi on August 27, saying that OFID-funded projects have helped to improve Vietnamese people’s lives.
VN Index hits new record high Business

VN Index hits new record high

Vietnam’s benchmark VN Index marginally surpassed the record high of 1,170 points on March 22 as energy stocks remained upbeat and insurers and agriculture firms performed strongly as well.
Stocks advance on oil deal Business

Stocks advance on oil deal

Shares rose on both local markets on December 1 following a deal between OPEC and non-OPEC exporters on extended oil output cuts and expectations for good fourth-quarter earnings reports.
Stocks up on back of blue chips Business

Stocks up on back of blue chips

Vietnamese shares extended gains on August 7 for a third session as positive investor confidence lifted sectors such as energy and banking-finance industries and several individual large-cap stocks.
Indonesia wants to rejoin OPEC World

Indonesia wants to rejoin OPEC

Indonesian Energy and Mineral Resource Ministry spokesperson Sujatmiko said the country has sent a letter to the Organisation of Petroleum Exporting Countries (OPEC) requesting to reactivate its membership in the group.
Blue chips hit by low confidence Business

Blue chips hit by low confidence

Shares dropped on both local markets on May 8 as investors switched investments from large-cap stocks to mid- and small-cap ones, putting blue chips into negative territory.
Positive year seen, 2016 shadow hovers Business

Positive year seen, 2016 shadow hovers

Vietnamese shares may advance in 2017, analysts say, cautioning that market conditions can get volatile with international events of 2016 continuing to exert unpredictable impacts on Vietnam.
Shares fall following banker arrests Business

Shares fall following banker arrests

Shares fell on the two local exchanges on December 12 as banks suffered from the arrest of top bankers and expectations of a US interest rate hike kept investor confidence low.
Energy stocks fuel market surge Business

Energy stocks fuel market surge

Oil and gas stocks lifted the market on December 1 as global oil prices surged after the Organisation of Petroleum Exporting Countries (OPEC) members finally reached a consensus on production cuts.