Business News

1. Banks win big from services
2. First-quarter growth fairly impressive
3. Processing industry leads Q1 export growth
4. Foreign merchants register to purchase lychees in Vietnam
5. Government announces 25 sectors inaccessible to foreign investors
----and more news

1. Speciality automobile supply
2. Consumable spare parts supply
3. Equipment and machinery supply
4. HVAC control system design and supply
5. Air compressor supply
----and more news

1. Bank assets soar as shares are 'hot'
2. Concerns about banks' high profits in Q1
3. Binh Duong: Index of Industrial Production up 6.9 pct. in Q1
4. Expectation of export growth
5. Busy days ahead for deal-making
----and more news

1. Asphalt concrete spreader supply
2. Automatic Winding Machine supply-bid extend
3. Agricultural machinery supply-bid extend
4. Non-metal pipes and fittings supply
5. Equipment and materials supply
----and more news

The average CPI in the first quarter of this year rose by 0.29 percent, the lowest increase for Q1 recorded in the last 20 years, while Q1’s core inflation picked up 0.67 percent.

In the first quarter of this year, all local banks reported high profit growth amid the impact of the COVID-19 pandemic. However, the profit growth does not reflect the complete economic picture, according to banking insiders.

The Ministry of Industry and Trade (MoIT) has proposed a 35 per cent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.

I recently had a discussion with our team of analysts on what the key factors are when analysts issue recommendations on individual stocks. Analysts need to have an understanding of the current developments of the global economy and the economy of the target country. Only then can they arrive at the right risk/return assumptions for long-term stock selections.