MSCI Inc has postponed the upgrading of MSCI Kuwait Indexes to emerging market status until November this year instead of next month due to the impacts of the COVID-19 pandemic, upsetting Vietnamese investors.
Viet Nam has once again missed the chance to break into Morgan Stanley Capital International’s watchlist of potential reclassification for a status upgrade.
Kuwait and the United Arab Emirates are seeking greater trade and business collaborations with Viet Nam, their officials told a trade facilitation conference in HCM City on Tuesday.
Japanese oil firm Idemitsu Kosan Co.,Ltd (Idemitsu) and its partner
Kuwait Petroleum International Ltd. (KPI) applied to register a joint
venture company in Viet Nam to sell petroleum products.
Trade relations between Kuwait and Viet Nam have made satisfying
progress, the Consulate of Kuwait in HCM City said in a statement
released for the 54th anniversary of its independence day today.