Business Policy rate cuts boosting stock prices: VinaCapital The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023, according to Michael Kokalari, chief economist at VinaCapital. Business Vietnam’s automobile sales slightly grow in July Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 24,687 vehicles in July, up 4% month-on-month, VAMA reported on August 14.Business Vietnamese, Taiwanese firms seal project development deal The Dai Phong infrastructure construction company of Vietnam and JiaWei Corporation from Taiwan (China) signed a project development agreement at a ceremony in the northern province of Nam Dinh on August 14.Business Six years of derivative stock market: VN30 index futures contract up 27.46% annually The Hanoi Stock Exchange (HNX) has announced that after six years of operation, the derivative stock market has shown positive and stable growth, with active trading and an increasing number of investors.
