WEEKLY NEWS HIGHLIGHTS – ALL YOU NEED TO KNOW

14/06/2019

1. Now that the hype around Uber’s IPO is over, it’s time to buy Lyft, analyst says in upgrade

Lyft shares rose 2.3% to $58.07 on Tuesday. The stock has rallied a bit since hitting a low of $48.15 a share last month but remains well below its March IPO price of $87.24 a share.

From: CNBC

2. Here’s where the jobs are — in one chart

May’s overall job growth disappointed, but there were pockets of strength with solid hiring in the health care, computer and digital design, and food service industries.

From: CNBC

3. Ba Ria – Vung Tau lures capital from Japan

Ba Ria – Vung Tau (VNA) – The southern province of Ba Ria – Vung Tau is working to draw more investment from Japan as it defined the country as one of its future strategic investors, said the provincial Department of Planning and Investment.

From: VietnamPlus

4. Việt Nam economy to grow at 6.7%: report

HCM CITY - The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report.

From: VietnamNew

5. Long Thành airport plans send land prices soaring

HCM CITY — The real estate market in Long Thành District in Đồng Nai Province, site of the proposed new airport, has entered an upward spiral following the National Assembly Standing Committee's passage of a resolution to dissolve and alter the administrative boundaries of six communes on May 29.

From: VietnamNew

 

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