The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs)The US Fed’s rate hikes will be delayed further by the weak second quarter GDP growth and this resulted in firmness in precious metals. Silver (Rs)Being a more volatile precious metal, silver gained a bit more than gold during last week. ($/troy ounce)Slower economic growth is weighing down industrial metals and platinum fell by 1.54% over the past week. WTI…
Author: Miley Selena
Vietnam earns nearly 19 billion from textile exports in the first six months of 2021, up more than 20 percent year-on-year. The positive results was attributed to early post-pandemic recovery of markets. However, businesses are facing new challenges due to severe impacts of the fourth wave of COVID-19 outbreaks, which started from late April in the country, Vietnam News Agency citing a note by Chairman of Chairman of the Vietnam National Textile and Garment Group (Vinatex) Le Tien Truong. According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, Vietnam set to earn 39 billion USD from garment and textile exports in 2021. To realise the…
Industrial real estate bustles with M&A deals in the first half of this year, despite the Covid-19 outbreaks, according to Savills Vietnam. The real estate consultancy reports that Boustead Projects (Vietnam) Company reached a deal to buy a 49 percent stake in KTG & Boustead Industrial Logistics Joint Stock Company. The deal involves 13 real estate projecs totaling $141 million, including some 840,000 square meters of land and around 550,000 square meters of leasable land. The ESR Cayman Limited and BW Industrial Development Joint Stock Company joined hands to develop a 240,000-square meter industrial land area in My Phuoc 4…
Health authorities confirmed 4,225 new cases in 35 localities on Sunday night, pushing the country’s tally to 150,423 after the new wave began late April. 4,423 Covid patients were declared free of coronavirus on Sunday, raising the country’s total recoveries to 43,157. Visit Vietnam Insider’s homepage for more stories. Vietnam’s total COVID-19 cases reached 154,360 on Sunday after the Ministry of Health reported a daily increase of 8,620 new cases. A total of 23 cases were imported and 8,597 were locally transmitted. The locally-transmitted cases were reported in HCM City (4052), Bình Dương (2179), Long An (569), Đồng Nai (425),…
4,374 new cases announced in Vietnam on Sunday morning. An additional 145 deaths from COVID-19 have been recorded around the country on Saturday. Vietnam business hub of HCMC and all 18 southern localities extend social distancing for another two weeks under Directive 16. All 19 southern localities including HCMC will extend social distancing under Directive 16 for another 14 days to contain the coronavirus. The localities to impose extended social distancing besides HCMC are Dong Nai, Binh Duong, Binh Phuoc, Tay Ninh, Ba Ria-Vung Tau, and 13 Mekong Delta localities Can Tho, Tien Giang, Long An, Vinh Long, Dong Thap, Ben…
Vietnam’s economy could take a few positives out of the pandemic and stay competitive in the long-term. From now on until year-end, the global economic recovery would continue to support Vietnam’s exports. Visit Vietnam Insider’s homepage for more stories. Vietnam is becoming more attractive during the current global pandemic climate, and therefore, its economic outlook is positive in long term. Dau Anh Tuan, director of the Legal Department under the Vietnam Chamber of Commerce and Industry (VCCI), gave his view in a conference held on July 29 on the Vietnamese economy prospects in the final months of 2021. “The pandemic…
Vietnam’s ministry of health on Friday issued an urgent appeal for private hospitals to treat Covid-19 patients as the country battles a surge in infections driven by the highly contagious Delta variant. The South East Asian country has a population of 98 million and has so far administered over 5.5 million doses of COVID-19 vaccine, but only around 550,000 people have been fully inoculated, the data showed. Visit Vietnam Insider’s homepage for more stories. After successfully containing the virus for much of the Covid-19 pandemic, Vietnam has been facing record daily increases in infections since late April. As of July…
Data centers are the foundation of the digital world. Without them, there would be limited growth capacity in Cloud computing, IoT, 5G, Big Data, and AI. As the sheer amount of data generated grows exponentially, so does the need for innovation in data center technology. Vietnam in the top 10 emerging markets for global data centers with impressive growth, international standard service delivery capacity, and a large number of organizations and enterprises, research firm ResearchAndMarkets has said. According to the ResearchAndMarkets, Vietnamese data centre market stood at 858 million USD last year and is forecast to grow at a compounded…
Due to the current situation in Vietnam, especially Ho Chi Minh city, it has been reported on July 30th, 2021 by Vietnam’s Ministry of Health that there were now a total of 133,000 cases of COVID-19. However, 31,780 of the affected patients have recovered and been discharged from hospitals. The current situation Vietnam has also recorded 1,022 deaths due to the pandemic. The latest community transmission cases have been reported from Ho Chi Minh City, Dong Nai, Dong Thap, Khanh Hoa, and Binh Duong among others. Picture of Loifotos from pexels.com Therefore, as the result of the disease, the Vietnamese…
The Health Ministry confirmed another 4,060 Covid-19 patients in 22 localities Saturday morning, with 2,503 recorded in Ho Chi Minh City. Thousands return to central region by motorbike from Covid-19 hotspots due to halt to public buses, some positive cases were found among them. Vietnam’s domestic Covid case count up by 4,060 with 2,503 cases in HCMC, Binh Duong (868), Dong Nai (222), Tien Giang (123), Ba Ria – Vung Tau (76), Can Tho (55), Vinh Long (48), Binh Thuan (38), Dong Thap (31), Phu Yen (28), Kien Giang (16), Dak Lak (11), Son La (10), Binh Dinh (9), Thua…