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Business News w3
Business News w3
QUESTIONS
1. Why did Vietnam Airlines announced that it will temporarily
suspend the regular operation of the Vietnam – Russia air route?
2. When will the announcement start ?
3. What will Vietnam airlines do for passengers who have bought
tickets?
Shares of Vinamilk have for the first time over the last two years fallen to
VND75,000 per share threshold.
Since entering the bourse in 2006, VNM rose from VND3,000 per share to
VND120,000 in early 2018 and always maintained stable. But the bright days of
VNM are over. The shares have brought disappointment to many investors as
they continue to fall in a bustling market
With the price decreasing, VInamilk was excluded from the top 10 businesses
with the largest capitalization value in the context of the profit decrease. Its
capitalization has fallen to the level of the time when VN Index was just 700
points.
In the entire year 2021, VNM stood outside the upward trend of the market.
While VN Index increased by 36 percent and many shares saw prices increase
by tens of times, VNM has continued to go down.
Vinamilk doesn’t have a new driving force for its growth. It is difficult to expand
the domestic market and there are signs of saturation. Meanwhile, its
production promotion strategy has not been positive. The profit in 2022 is
predicted to continue decreasing to a 6-year low.
https://vietnamnet.vn/en/business/shares-of-no-1-dairy-producer-fall-out-of-
top-10-824717.html
QUESTIONS
1. How much do shares of Vinamilk value per share threshold now?
2. Why have the shares brought disappointment to many investors ?
3. Did VNM stand out the upward trend of the market in the entire year
2021?