Securities firms cautious on directionless stock market Viet Nam’s stock market struggled to find direction last week as liquidity fell continuously and foreign investors net sold a value of more than VND2.22 trillion (US$96.6 million), causing analysts from securities firms to have cautious views of the market this week. On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index inched down in the last trading session to 1,268.83 points, while the HNX-Index on the Ha Noi Stock Exchange (HNX) plunged to 301.77 points. For the week, the VN-Index lost 2.34 per cent and the HNX-Index plummeted 1.95 per cent. Both benchmarks had declined more than 4 per cent since the close of trade Monday. The liquidity on both exchanges declined compared to the previous week. It was lower than the recent 20-week average, with a value of VND20.5 trillion per session. The trading value on the HOSE decreased by 5.2 per cent to VND91.54 trillion, equivalent to a drop of 4 per cent in …
Việt Nam ensures people’s livelihoods, fair distribution of vaccines
Vegetables being loaded into a bus belonging to Bảo Yến Construction Services Tourism Co., Ltd. in HCM City last week. Five such buses are being used to distribute vegetables around the city. – VNA/VNS Photo HCM CITY — I was surprised to receive a call from an American friend who lives in Singapore, asking about the pandemic situation in HCM City, Việt Nam’s current COVID-19 epicentre with a daily record of thousands of cases. He was concerned that the situation could spin “out of control”, comparing it to India or Indonesia. I told my friend that he had called at a good time as I had just read a news story from the Singapore-based The Straits Times, headlined “Vietnam grapples with public frustration over Covid-19 pandemic missteps and transparency”, mentioning the growing unhappiness about the pandemic control measures. The story, I believe, described the situation in a superficial way. I have closely observed the global situation, especially in the US, EU and Asia …
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Battle against the infodemic
Park Mi Hyung Like many other migrants, whether you are a foreigner living in Vietnam or Vietnamese worker overseas or even domestic migrants working in the industrial zones, I cannot help thinking about the day that we can all freely travel without restrictions. These days there is little difference between a Hanoian working in Bac Giang or a Korean working in Hanoi. We equally cannot return home to see our family (and our dog) freely. This is why any news on the vaccines is so welcoming. But the availability of vaccines is not the only challenge we face. We are not only fighting the virus itself but also the infodemic about the Covid-19. WHO defines infodemic as "an overabundance of information and the rapid spread of misleading or fabricated news, images, and videos." The sharp increase in people’s access to internet and development and use of diverse social media platforms have given people ability to share their views, experience as well as news and promotions with …
National Assembly adopts appointment of four Supreme People’s Court judges, cabinet members
With 95.99% of yes votes, the 15th National Assembly on July 28 adopted a resolution on the organisational structure and number of members of the Government, under which the Government in the 2021-2026 tenure will have 27 members. With 95.99 percent of yes votes, the 15th National Assembly on July 28 adopted a resolution on the organisational structure and number of members of the Government (Photo: VNA) According to the resolution, the 15th-tenure Government will have one Prime Minister, four Deputy Prime Ministers, 18 ministers, four heads of ministerial-level agencies, the Government Inspector General, and the Minister-Chairman of the Government Office. Also on July 28 morning, Prime Minister Pham Minh Chinh presented a proposal on the appointment of Deputy Prime Ministers, ministers, and heads of ministerial-level agencies. The NA will vote on the proposal and a resolution on the appointment of Deputy Prime Ministers, ministers, and heads of …
Indonesia optimistic about reaching carbon neutral goal by 2060
Jakarta (VNA) – Indonesia is optimistic about reaching a net zero emissions target by 2060 or sooner, a senior minister said after the government submitted its updated nationally determined contributions ( NDC ) to the United Nations earlier this week. The new net zero emissions target was at least a decade earlier than the 2070 target, President Joko Widodo said in March. While Indonesia maintained its goal to cut greenhouse gas emissions by 41 percent by 2030 with international assistance, the country has updated its adaptation measures and included a new long-term strategy for low carbon development in the document filed to the UN last week. Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan told a virtual seminar on July 27 he was optimistic that Indonesia, the world's eighth biggest greenhouse gas emitter, could reach net zero emissions within 50 years. In the energy sector, the government plans to stop using coal, oil and gas by 2060 and …
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