Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
VN-Index rises 0.27% on November 16
Vietnam's benchmark VN-Index rose 0.27% to 1,125.53 points on November 16 in its third session gaining.
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Trading on the Ho Chi Minh Stock Exchange decreased by 25% to VND14.78 trillion ($608.23 million).
Foreign investors were net sellers to the tune of VND129 billion, mainly selling MWG of electronics retail chain Mobile World and VHM of property giant Vinhomes.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 0.74%, while the UPCoM-Index for the Unlisted Public Companies Market went up 0.14%.
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