Best buy opportunities

Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says

Challenges, opportunities await VN as WTO member (09-11-2006) Viet Nam has become a member of the World Trade Organisation (WTO) and this has created new opportunities but also challenges for the nation. Here are some opinions on this very significant event: Deputy Prime Minister and Minister of Foreign Affairs Pham Gia Khiem: World Trade Organisation General-Director Pascal Lamy makes a toast with Vietnamese Deputy Prime Minister and Foreign Minister Pham Gia Khiem and Trade Minister Truong Dinh Tuyen after the signing ceremony on Tuesday at the WTO headquaters in Geneva. — AFP/VNA Photo The country’s further integration into the world economy will provide many chances but also morre than a few challenges for many sectors. The most important thing is to know how to overcome the challenges and grasp the opportunities. We must also find ways to turn challenges into opportunities. WTO membership will provide Viet Nam with the conditions needed to … [Read more...] about Challenges, opportunities await VN as WTO member

Stocks seen steady this week - brokerages By Phuong Thao HCMC – Domestic stock prices are expected to be stable this week as investors may continue staying on the sidelines given global market uncertainties, according to securities firms. The VN-Index of the Hochiminh Stock Exchange fell 0.23% at 980.76 points last Friday while trading value on the exchange sank 15% against the previous day at VND3.8 trillion. After falling 1.5% a week earlier, the index closed down 0.8% last week. During March, the index was up 1.6%, capping the third monthly spike. The index finished the first quarter of 2019 up 9.9%, its best quarterly performance since early 2018. Property firm VHM was the biggest contributor to the day’s loss. Meanwhile, its fellow Vingroup subsidiary VRE was one of the largest gainers. By sector, bank and brokerage stocks saw lower rises. The two industry indexes gained only 0.5% each at the end of the day. According to BIDV Securities Corporation, international and … [Read more...] about Stocks seen steady this week – brokerages

VN, Republic of Korea vow to strengthen ties (21-04-2005) Party General Secretary Nong Duc Manh (right) receives South Korean Prime Minister Lee Hae-chan. — VNA/VNS Photo Nhan Sang HA NOI — The co-operation and friendship between Viet Nam and the Republic of Korea is developing well in many areas, Party General Secretary Nong Duc Manh told Prime Minister Lee Hae-chan yesterday. Manh hailed the outcome of talks between the Vietnamese and RoK prime ministers, as well as the signing of a number of bilateral co-operation accords during Lee’s visit as signs of diplomatic progress. Viet Nam will continue to open its doors to foreign investors, including those from the RoK, Manh said. The Party leader asked PM Lee to convey his best wishes to President Roh Moo-hyun and express thanks for inviting him to visit the RoK. Manh briefed his guest about Viet Nam’s foreign policy of independence and self-reliance while also opening its door to the world. … [Read more...] about VN, Republic of Korea vow to strengthen ties

Market to see further profit taking this week By Phuong Thao HCMC – Securities enterprises have predicted the market will drop further this week as profit taking is seen accelerating after recent strong gains. Last Friday, domestic stocks corrected from a four-day rally on strong selling pressure as investors attempted to lock in profits from the surging markets. Banks and property developers were among those hit by strong selloff, falling 0.2% and 0.6%, respectively. The VN-Index of the Hochiminh Stock Exchange dropped 0.15% to close at 950.89 points. For the week, the index still jumped 4.7% for its best week in eight months. The market was dragged lower by modest losses in large-cap names such as lender VCB, property company VIC and its subsidiary VHM while fuel group GAS hit a two-month high to lead gainers. Profit-taking affected all 20 sectors on the stock market with nine sector indices ending on a negative note while others gained modestly. On the Hanoi Stock … [Read more...] about Market to see further profit taking this week

Technology to play key role in future banking industry By Thuy Dung Experts in the banking sector discuss the future of banks in Vietnam – PHOTO: PWC HANOI - Banks will need to be on the cutting edge of technology and ensure that customers’ needs are ingrained in every offering, stated PwC’s global financial services leader John Garvey to local bank leaders at “The Future of Banking” event held in Hanoi today, March 6. Garvey, together with a panel of industry experts from the United States, Canada, South East Asia, Hong Kong and Japan, discussed what it takes for banks to thrive in this digital age, while maintaining their human relationships. The event attracted senior leaders from various Vietnamese commercial banks. According to PwC, the banking industry is facing an imperative to change, brought by the powerful forces of customer expectations, technological capabilities, regulatory requirements, demographics and economics. Banks need to get ahead of these … [Read more...] about Technology to play key role in future banking industry

PM Dung’s online session a major draw (10-02-2007) Prime Minister Nguyen Tan Dung answers questions from citizens live.—VNA/VNS Photo Duc Tam Ha Noi — Prime Minister Nguyen Tan Dung spent two-and-a-half hours chatting with the public in a forum on the Viet Nam Communist Party website yesterday morning. The event was also broadcast on Viet Nam Television and the VietnamNet. In total, more than 20,000 questions divided into nine topics were submitted by residents and foreigners. The nine discussion topics were: Viet Nam’s 2006 socio-economic achievements; anti-corruption; administrative reform; science and technology development; employment; social policies; socio-economic solutions for 2007 and the future; housing and land policies; education policies, culture and health and disaster relief and epidemic prevention. The following is an excerpt of the dialogue: Nguyen Van Sac, HCM City, Nguyen Van Tuan, Ha Noi; Do Van Binh, Phu Tho Province; Nguyen Chi … [Read more...] about PM Dung’s online session a major draw

Assembly chairman welcomes positive Russian relationship (24-04-2009) National Assembly chairman Nguyen Phu Trong talks with Speaker of the State Duma Boris Gryzlov in Moscow.—VNA/VNS Photo Tri Dung MOSCOW — National Assembly Chairman Nguyen Phu Trong said here Viet Nam’s policy was to develop its traditional friendship and strategic partnership with Russia. Trong was speaking during a talk with Russian State Duma Speaker Boris Gryzlov. He said the good political relationship between the two countries would be positive for relations in such areas as the economy, trade, education, national defence and security. Trong confirmed that Viet Nam would do its best to preserve and further develop friendship and the traditional and comprehensive co-operation with Russia. He also spoke highly of Russia’s help for Vietnamese living and working in the country, describing this as a positive factor that helped strengthen bilateral relation and co-operation. … [Read more...] about Assembly chairman welcomes positive Russian relationship

Lead the trend with the new SkyBoss and unlimited top-level flights with POWER PASS SkyBoss Local carrier Vietjet on September 28 introduced its POWER PASS SkyBoss for unlimited flying, offering passengers exclusive priorities to experience the styles of leaders, pioneers, and successful entrepreneurs. With only 68,999,000VND (*) to own POWER PASS SkyBoss, passengers can fly all around Vietnam with the SkyBoss fare type from now until September 30th, 2021, regardless of holidays and Tet. On the occasion of the launch, Vietjet offers a special promotion for the first 50 purchasers with a direct discount of 50% when purchasing POWER PASS SkyBoss at websites www.vietjetair.com and https://powerpass.vietjetair.com/. With the “powerful” flight passes, passengers can buy SkyBoss tickets just 3 hours before the scheduled departure time to fly on Vietjet’s more than 50 routes across Vietnam, give presents to beloved ones with Vietjet flights, enjoy classy and luxury facilities, … [Read more...] about Lead the trend with the new SkyBoss and unlimited top-level flights with POWER PASS SkyBoss

Hoà’s pigs enjoy their natural habitat. - VNS Photo Khoa Thư Viet Nam News By Khoa Thư QUẢNG TRỊ - A herd of pigs runs up a high hill, in front of them, a vast farm spreads out, reaching the horizon. The image may be strange for most Vietnamese people, with the mindset that domestic livestock are usually kept in cages. Nguyễn Thị Hoà’s farm in Triệu Thượng Commune, Quảng Trị Province, offers pigs precious freedom that their fellow animals rarely enjoy. “We are the first and also the only farm in the whole area that rears pigs in their natural habitat,” Hoà said. “They find and eat whatever they like. They run as far as they can, to every corner of this 10 ha farm. Our pork, therefore, has distinct characteristics of colour, taste and balanced fat ratio that normal farms cannot offer,” she added. Pork, however, is not the only specialty offered by Hoà. Up to 1,500 chickens are also farmed on the space. Instead of simply pouring instant pre-mixed food out of bags, … [Read more...] about Vietnamese agriculture, but not as you know it