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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

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

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

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 restaurant in the capital that never fails to impress with its classic local dishes and rarefied setting SWORN IN: World famous chef Gordon Ramsay has visited the restaurant, which has proved great for marketing. by Nguyễn Mỹ Hà Flights have been resumed after a taxing COVID period, and Vietnamese living abroad were seen flying back to Việt Nam to visit their ageing parents after a two-year lockdown. After hugging their parents to their heart's content, they also needed to catch up with old friends. And just like old friends in the old days, Old Hà Nội Restaurant was a popular choice to host guests. And we joined in, with a joyous reunion dinner. Conveniently located in a neighbourhood where both the Old Quarter and French Quarter are within walking distance. Old Hà Nội is located in a French-style villa, and has all the grace and grandeur required for a reunion dinner to welcome expatriated friends. We were a big group, so we had a big feast, doting all the best … [Read more...] about The Old Hà Nội: ideal to meet old friends