Banking and securities experts have said that the central bank could realize its target of keeping the fall of Vietnam dong currency against the U.S. dollar at a slight 2% next year thanks to positive signs of the economy.
Nhan Dan newspaper and State Securities Commission (SSC) on December 19 signed a co-operation agreement to disseminate information on stock and stock market operation on the online version of Nhan Dan newspaper during the 2014-2016 period.
Experts believe domestic steel firms will have to deal with an increasing competition triggered by cheap Chinese alloy steel imports, more steel imports from Russia, and an oversupply of many steel products on the home market.
Brokerages have played up investors’ expectations about an uptick of the local stock market this week after the VN-Index beat the resistance level of 580 points and the HNX-Index surpassed 86 points on increasing liquidity last Friday.
Phones and accessories earned an export turnover of US$1.059 billion in the first half of January this year, becoming the first group achieving the US$1 billion export mark in 2015, according to the Viet Nam Customs.
While cement demand continues to be weak in 2012 and 2013, capacity increased rather quickly. In 2012, total sector capacity was 68.5mn tons while total consumption was just 45.2mn tons, equivalent to 67% capacity.
Plastic packaging is an intersection sector between two industries, Plastics and Packaging. Plastics packaging sector can be broadly categorized into (i) Flexible packaging i.e. mostly for food sector; (ii) Plastic containers & Closures which are mostly for beverage sector; and (iii) Rigid packaging.
Foreign investors and players continued making the acquisition of Vietnamese companies. Japanese investors are still the most active but they had a smooth shift to small and medium companies who are good at their niche markets.
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