40 year stock market return

Illustrative photo (Source: VNA) Hanoi (VNA) – Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter. They made the commitment at a recent working session with the State Securities Commission (SSC), during which the sides discussed the actual situation, and efforts made to remove bottlenecks in support of the Vietnamese stock market’s status upgrading process. WB and FTSE Russell representatives said they highly appreciate the efforts of local management agencies and market members in upgrading the market from marginal to emerging one. They also proposed some solutions for the improvement of the market toward the upgrade. The upgrade has been included in the country’s strategy for the securities market development and received significant attention from leaders of the Government, the Ministry of Finance … [Read more...] about WB, FTSE Russell pledge regular coordination in upgrading Vietnam’s stock market

MARKET OF BEAUTY: Đông Ba Market is a large trading centre imbued with the tradition of the ancient capital Huế. Photo from the market's Facebook page Mai Trang Linh Returning to the central province of Thừa Thiên Huế after more than two years of lockdown due to the pandemic, Lưu Hoàng Long and his wife, a Vietnamese Australian, chose first to visit Đông Ba Market, the biggest traditional local shopping centre in the ancient royal city of Huế. The couple and a group of overseas Vietnamese who started their trip through the country early this month from their native home in the northern coastal city of Hải Phòng could not help but be surprised at the changes in the market. Besides the usual crowded and busy atmosphere and familiar hospitality of sellers, the visitors were amazed at the changes, particularly the trade promotion programmes for traditional handicrafts -- one of the most attractions of the market. Looking at the pop-up booths displaying different kinds … [Read more...] about Huế’s Đông Ba Market revamped to lure tourists

For the first time, Việt Nam has had a representative in the Ironman World Championship. Lâm Túc Ngân, 27, from HCM City, qualified for the biggest event after winning Ironman Philippines 140.6’s 25-29 year-old female group and finishing in the top 8 of the women's ranking. She will join powerful athletes from all over the world at the 2022 event in Hawai in early October. Ngân shares her experience and plans for the upcoming race. Lâm Túc Ngân will be the first Vietnamese to compete at the World Ironman Championship in October in Hawaii, the US. Photo from Lâm Túc Ngân facebook Inner Sanctum: Congratulations. You are the first Vietnamese to earn a slot at the Ironman World Championship. How do you feel? Thank you. It is several months to go to the world championship. There are many things to work on. In the last 15 years of the world tournament, there was no one from Việt Nam. Lâm Túc Ngân trains for her world competition. She plans to complete the race … [Read more...] about Woman with an iron will

Earlier this month, Johnson survived a vote of confidence by Conservative lawmakers in which 41 percent of his parliamentary colleagues voted to oust him, and he is under investigation for intentionally misleading parliament. On Friday Conservative candidates lost two parliamentary by-elections held to replace former Conservative incumbents who had to step down, one after being convicted of sexual assault and the other for watching pornography in the House of Commons. The by-election defeats suggest the broad voter appeal which helped Johnson win a large parliamentary majority in December 2019 may be fracturing after a scandal over illegal parties held at Downing Street during coronavirus lockdowns. Under Conservative party rules, its lawmakers cannot formally challenge Johnson for another year, but overwhelming dissatisfaction or resignations by a series of senior ministers could make his position untenable. Britain is also in the midst of its deepest cost-of-living crisis in … [Read more...] about Boris Johnson seeks to stay in power until the mid-2030s

Foreign tourists on the express boat trip between Đà Nẵng City and Lý Sơn Island. — VNA/VNS Photo HÀ NỘI — UNWTO's Destination Tracker tool showed that 52 countries have fully reopened their borders to foreign tourists as of June 17, and Việt Nam is one of only four in the Asia-Pacific, said Harry Hwang, executive director of the Asia-Pacific region for UNWTO. The executive director made the announcement at a tourism conference held in the Republic of Korea (RoK) on June 23-26, the Government Portal reported. The Asia-Pacific region is recovering tourism slowly, because many source markets have not yet fully reopened. Experts predict that the recovery prospects of the Asia-Pacific region would also be slower, maybe taking until 2024 to return to pre-pandemic levels. In Việt Nam, foreign tourists do not need to submit health declarations before entry while the domestic tourism market is also witnessing a strong recovery post reopening, said Hà Văn Siêu, deputy head … [Read more...] about Việt Nam among few countries totally re-opening international tourism

Delegates attend a digital transformation for technical infrastructure conference in HCM City last week. — VNA/VNS Photo HCM CITY — Digital transformation has become a critical need for technical infrastructure companies to recover quickly, especially after the COVID-19 pandemic, a seminar heard in HCM City on Friday. The challenges brought by the pandemic fostered the need for digital transformation, which was widely and quickly adopted across ministries, other official agencies and businesses across the country. Vietnamese enterprises took a pioneering role in research, development and innovation, mastering technologies and making important contributions to developing a digital economy. Nguyễn Văn Đắng, director of the Gia Định Water Supply Joint-Stock Company belonging to the Saigon Water Corporation, said digital technologies have improved administration and production activities, helping better serve customers. Water supply companies, for example, use GIS … [Read more...] about HCM City considers ways to speed up digital transformation

A worker produces anti-counterfeit stamps at Tien Duong Organic Agricultural Cooperative in Hanoi (Photo: VNA) Hanoi (VNS/VNA) — Despite production and market difficulties due to the pandemic and climate change, many districts, firms and organisations in Hanoi 's agricultural sector have remained strong thanks to the application of science and information technology. It has helped them improve their products’ value and meet the technical requirements of import markets. In the past few years, Hanoi’s agriculture sector has implemented many programmes and solutions to support businesses and cooperatives to promote the application of information technology in the production and processing of agricultural products, which have brought many benefits, such as increasing the product value, food safety management and product information transparency. Tran Sy Hung, Director of Nghia Minh Mushroom cooperative in Dan Phuong district, said his cooperative had applied information … [Read more...] about Hanoi applies IT to enhance value of agricultural products

Shark catfish exports to China in particular increased by 124 percent, accounting for 26.5 percent of shark catfish export trade turnover, according to data by the Ministry of Agriculture and Rural Development. It is followed by exports to the U.S. with a 131 percent, EU with a 89 percent, Thailand with a 85 percent, and Brazil with a 51 percent increase. At the end of April, the price of exported frozen shark catfish to the U.S. reached a new peak at $5 per kilogram, around $2 higher than the same period last year. In China, the price of filleted shark catfish was around $3.15-3.25 per kilogram, around $0.5 per kilogram higher than the same period last year. Shark catfish trade is expected to flourish this year, BIDV Securities Company anticipated. It said demand in the U.S., China and EU would be high following long periods of Covid-19 restrictions. In the U.S., importers have taken in more shark catfish as its stock inventory had run low following two years of Covid-19. The … [Read more...] about Shark catfish exports reach record high

Many sculptures not only beautify public spaces but also breathe new life into them, bringing distinctive values to the community. Most travelers visit Hanoi for fantastic food. Yet the Hanoi art scene is doing well to compete for attention with the city’s food scene. Hanoi’s public sculpture The statue of King Ly Thai To is located at Ly Thai To Flower Garden in Dinh Tien Hoang Street, Hoan Kiem District, Hanoi. Photo: VISTA According to architect-sculptor Nguyen Truong Giang, after a long time of being ignored, public sculpture in Hanoi has regained public attention with many issues to deal with. Looking back at history, this kind of art appeared in the capital with the arrival of the French. In the old French quarter, many crossroads and central squares were built for displaying sculptures. Typically, there used to be a memorial to French soldiers who died in battle, with the sculpture of a soldier above and the ranks of scholars, farmers, craftsmen, … [Read more...] about Identifying value of creative spaces

Having one of the region’s fastest-growing middle classes and a young population willing to spend, Việt Nam represents an important market for foreign goods. — Photo courtesy of Austrade HÀ NỘI — As both Australia and Việt Nam continue to take solid action to make their trade partnerships expand year after year, a brighter future awaits the import and export sector, according to the Australian Trade and Investment Commission (Austrade). Austrade said Việt Nam’s upbeat growth projections have made it an attractive import-export destination. Thanks to several free trade agreements, it has sealed in recent years, Việt Nam’s trade partnerships have grown from strength to strength. It added that having one of the region’s fastest-growing middle classes and a young population that’s willing to spend, Việt Nam represents an important market for foreign goods. As one of Việt Nam’s main trading partners, Australia supplies the Southeast Asian country with an expansive range of … [Read more...] about Việt Nam-Australia expect brighter future for import-export sector