UPCoM looks to boost investor confidence Business

UPCoM looks to boost investor confidence

The Unlisted Public Company Market (UPCoM) has gained less attention compared to the Ho Chi Minh and Hanoi stock exchanges in the past few months, but there are some names expected to boost investor confidence.

State-run sector plays pivotal role in national economy

The economic reform policies in Vietnam give a great importance on the leading role of the state sector in a multi-sector economy. The State economic sector also provides goods and services in areas where it requires big investment and long time to pay back.

Demand for goods rises ahead of Tet

The amount of money traded for goods and services in Hanoi until the Lunar New Year (Tet) festival will increase by 20-25 percent to around 24 trillion VND (1.15 billion USD) per month, Hanoi's Industry and Trade Department said.