Indonesia foreign investment

 SSI Securities Corporation's office in Hanoi (Photo: nhadautu.vn)   Hanoi (VNS/VNA) - After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility. The benchmark VN-Index on the Ho Chi Minh Stock Exchange was almost unchanged on December 6 as it gained narrowly by 0.03 percent to end last week at 963.56 points. Vietnam’s benchmark VN-Index lost a total of 6.0 percent in four trading weeks since touching the one-year high of nearly 1,024.91 points on November 6. Before touching that amount, the VN-Index had been boosted by confidence in the possibility of a signed US-China trade truce and strong earnings reports produced by large-cap companies. But after that, the market went into a correction phase with large-cap stocks being hit by increased selling from investors. Among the causes were concerns about … [Read more...] about Vietnam’s stocks expected to head up in December

As tropical rain forests around the world burn, the California Air Resources Board voted 7-4 Thursday evening to approve a controversial carbon-offsetting standard that would let companies buy carbon credits to stop deforestation. The proposed Tropical Forest Standard would not immediately allow companies participating in California’s cap-and-trade program to combat climate change to buy the offsets — that would require further regulatory action. Rather, it would provide standards for emerging voluntary carbon markets to inform offset programs, create international payment systems for programs that demonstrate reductions and help companies source more sustainably, the air board said. It’s an unprecedented move for a state government. To do nothing while the Amazon burned “would be unforgivable,” Air Resources Board Chairwoman Mary Nichols said Thursday at a public hearing in Sacramento. “Today we have an opportunity to help change the destructive … [Read more...] about California approves controversial tropical forest offsets plan

  Tourists are seen at the Đà Nẵng International Airport. Three newest daily direct flights will be operating in the city this December. VNS Photo Công Thành  ĐÀ NẴNG — New daily regular air routes connecting Đà Nẵng City with Taiwan, Hong Kong and Singapore start from December 12, offering more options for local and foreign tourists as well as businessmen travelling in the New Year. The city’s tourism department said at a meeting last week the new daily air routes would promote tourism, investment and trade among cities in the region and the central city will be a favourite destination in the future. Representative of the budget airline, VietJet, in central region, Trần Hoàng Linh said it will launch two daily direct routes from Đà Nẵng to Hong Kong and Singapore in December. He said Vietjet, which are operating eight regular flights from Đà Nẵng to other … [Read more...] about Central city to see more three new direct flights