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10th grader Bui Thi Phuong is being treated at Bach Mai Hospital in Hanoi. After 10 days in the intensive care unit, she was still unaware of the surroundings. As she had to take a leave of absence from school and stay in the hospital, she kept asking her parents to bring her books to study. Bui Van Hue, Phuong's father, said the family are farmers. When Phuong was ill, they borrowed everywhere to raise VND10m (USD435) and the money had ran out. "Doctors said she can be saved but she needs to stay in intensive care," he said. "For the past two months, I can only pray for a miracle for her be well and go home." Bui Van Hue calls for help for his daughter. … [Read more...] about Father plans to sell kidney to save ill daughter

Foreign investors continued as net buyers to the tune of VND240 billion on all three bourses, picking up mostly VNM of diary firm Vinamilk, which added 1.2 percent, and the FUEVFVND, an exchange traded fund replicating the performance of stocks on the VN Diamond Index. … [Read more...] about VN-Index claws back 34-point morning loss

“Public investment will be focused on key sectors of the economy, key works and projects which have spillover effects and can create socioecomomic development momentum, and create breakthroughs in attracting capital from domestic and foreign private sources under the form of public-private partnership,” the report stated. “All loans must be strictly controlled in order to invest into socioeconomic infrastructure. Inspection in all public investment activities will continue being launched so as to stay corruption and wastefulness.” … [Read more...] about Reshuffle underway to further stimulate revival of economy

After the State Bank of Vietnam cut policy interest rates in October 2020 in an effort to ease the cost of credit, credit growth picked up from 9.6% in October to 10.5% in November and 10.1% in December. Since this rate was higher than the nominal gross domestic product growth, the credit/GDP ratio had increased from some 136% in 2019 to over 143% in 2020. … [Read more...] about Vietnam one of fastest growing economies amid pandemic: WB

Blue chips were the main drag when all of the top 30 largest shares by market value and liquidity (VN30) plummeted, of which eight hit the floor price of a 7-per-cent drop. All of them were banks and financial companies including BIDV (BID), Vietinbank (CTG), Military Bank (MBB), VPBank (VPB), Sacombank (STB), Ho Chi Minh Development Bank (HDB), Saigon Securities Inc (SSI) and Hoang Huy Investment Financial Services (TCH). … [Read more...] about VN-Index suffers big loss, liquidity exceeds $1 bln