Anh’s shop offers Vietnamese handicraft products from just VND22,000 (US$1) to over VND1 million ($45) per item. Her customers, particularly Japanese and South Korean, like Vietnamese handicrafts because they are traditional and the price is reasonable. … [Read more...] about Trade plummets at HCM City’s wholesale markets after second COVID-19 outbreak
Western tops wholesale market in surat
Meanwhile, semi-wholesalers, who own 50 sq ft to 300 sq ft shops in Koyambedu, have demanded to be allowed to operate along with wholesalers when the vegetable market reopens on September 28. There are nearly 10,000 semi-wholesalers in the three sections of the market. Moreover, about 20,000 labourers are also dependent on the trade. … [Read more...] about Like Thirumazhisai, Madhavaram fruit market will also be closed on Sundays
Audit reports reveal losses owing to irregularities in plot ownership, toll collection and pay and park scheme; market committee CEO expresses helplessness. The iron and steel market in Kalamboli, near Panvel, is beset by alleged irregularities that are drastically cutting into its revenues since 2016. This has come to light in the market’s 2017-18 and 2018-19 audit reports made public this month by the state’s Directorate of Local Funds Account Audit. The reported anomalies include failure to recover fines, not using the funds to improve the infrastructure and unproportionally low goods toll collection in comparison to the number of vehicles. Traders also allege that countless plots are no longer used to deal in iron and steel. The Kalamboli market, called the Mumbai Metropolitan Region Iron and Steel Market Committee, is one of the largest metal-alloy wholesale markets in India. Prahar Janshakti Sanghatna said the report has revealed that 611 plots are being used for … [Read more...] about Audit reports uncover holes in MMR steel, iron market
On the other side, many pillar stocks lost momentum and put great pressure on the market such as Vinamilk (VNM), Vietjet (VJC), Vinhomes (VHM), Techcombank (TCB), SSI Securities Incorporation (SSI), Sabeco (SAB), Phu Nhuan Jewelry (PNJ), PVPower (POW), Mobile World Group (MWG), PetroVietnam Gas JSC (GAS) and Hoa Phat Group (HPG). … [Read more...] about Shares struggle to stay positive, real estate stocks spur market
“For example, Index has generated a CAGR of 8 percent in the last three years, but there are a lot of Individual stocks which doubled during the same period, so ace investors should focus on right sectors & companies rather than broad index numbers,” he added. … [Read more...] about Market cap-to-GDP ratio moves above long period average; time for caution?