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New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months

Hanoi (VNA) – Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18. In the article, the author cited data from the World Bank as saying that the country’s  gross domestic product (GDP) grew by 7 percent in 2019, similar to 2018, one of the fastest growth rates in the region. It is argued that if Vietnam can maintain a 7 percent increase in economic growth over the next decade, the country will follow the same trajectory as the previous "Asian Tigers,”  according to the article. International trade was also progressively liberalised, with the signing of various free trade agreements, it said, adding that the World Bank now considers Vietnam one of the most dynamic emerging … [Read more...] about New Zealand media: Vietnam – the time has come

Hanoi (VNA) – Senior officials of ASEAN member countries met online on January 19 to discuss preparations for the upcoming ASEAN Foreign Ministers’ Retreat (AMMR) that is slated for January 21. Speaking at the event, the head of SOM ASEAN of Brunei said that with the ASEAN 2021’s theme of “We Care, We Prepare, We Prosper,” Brunei hopes to build on the achievements that the association gained in 2020, with focus on the people and sustainable development, building a regional architecture ruled by law, upholding multilateralism and supporting an open multilateral trade system. Participants exchanged their ideas on work that need to be done since after the 37th ASEAN Summit and related meeting, including a mid-term report on the implementation of the ASEAN Political-Security Community (APSC) Blueprint and the strengthening of inter-pillar and inter-sectoral coordination towards the building of the Post-2025 ASEAN Community Vision. They … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

Regarding the Tan Phu Dong 2 plant, its turbines will be built in Tan Thanh Commune, Go Cong Dong District, with a total area of approximately 10.25 hectares and total investment of over VND2.24 trillion. The 50-MW plant is projected to supply some 153 million kWh of electricity per year. … [Read more...] about Tien Giang approves two wind power plant projects

The exploitation for the above-mentioned trees being planted outside the protection forests, special-use forests and natural forests under investment of organizations, households and individuals will be decided by forest owners in accordance with the law.  Under the requirement, the People’s Committee of the provinces and cities need to further strengthen and propagandize forest protection measures. In recent time, there have been opinions about the policy and direction of strictly prohibiting cutting, exploiting, trading and transporting all kinds of wild cherry blossoms, apricots and ornamental flowers originating from the forest on the Tet holiday.  As the reason, the Ministry of Agriculture and Rural Development requested the People's Committees of the provinces and centrally-run cities to strictly implement the Prime Minister's Directive No. 45/ CT-TTg dated December 31, 2020 on the tree-planting campaigns for the New Year and strengthening the work of forest … [Read more...] about Localities to strengthen management of cherry, apricot- blossom business on Tet