Yen suddenly depreciates
According to Lao Dong, on August 18, the Japanese Yen (JPY) continued to weaken against the USD, as safe-haven demand decreased and investors were skeptical about the timing of the Bank of Japan (BoJ) raising interest rates.
Market risk sentiment has improved thanks to expectations of peace in Ukraine, after a meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska.
Although not yet a breakthrough, this dialogue is considered a positive step, helping to reduce geopolitical concerns and promote cash flow away from safe-haven assets such as the Yen. Mr. Trump also said that Ukrainian President Volodymyr Zelenskiy "can end the war immediately if he wants to", ahead of a bilateral meeting between the two leaders. See more..
Korean business director in Ninh Binh temporarily suspended from leaving the country
According to the announcement on August 15 of the Ninh Binh Provincial Tax Department, Mr. Hong Sun Ho (born in 1954, Korean nationality), Director of Garnet Toan Cau Company Limited, tax code 0601179552, has been subject to temporary suspension of exit.
Garnet Toan Cau Company Limited registered at the 5th floor, building 5T2, No. 91 Dien Bien Street, Nam Dinh Ward, Ninh Binh Province. In addition, the Company also has a branch in Phu Tho.
Mr. Hong Sun Ho was temporarily suspended from exit because Garnet Toan Cau Company Limited no longer operates at the registered address and has the tax debt overdue according to regulations. See more...
Expanding, upgrading airports, creating runways for Ca Mau to take off
Securities increase again after a strong correction
After being pressured to take profits and break the impressive increase in the trading session at the end of last week, the stock market opened the first trading session of the new week on August 18 quite positively thanks to the dominance of green on the electronic board.
However, the cautious sentiment after a series of strong increases and a reversal session to adjust down last weekend, while selling pressure is still constant at the price range of 1,640 points, has caused the VN-Index to gradually decrease in height and at times reverse to decrease in points.
The decrease is not too big thanks to the demand force still being absorbed quite positively, especially the cash flow "finding" industry groups that have not " found waves", helping the market quickly reverse and recover to increase.
At the time of closing, the VN Index increased by 6.37 points, equivalent to 0.39%, to 1,636.37 points. However, liquidity in the session on August 18 decreased significantly compared to the session at the end of last week. See more...
