By Bich Quyen – Translated by Anh Quan
Foreign investors continued to net sell nearly VND500 billion on the whole market. Of which, they net sold VND470 billion on the HoSE. Liquidity remained at a high level with a total trading volume of 819 million shares, worth more than VND18.1 trillion. Of which, put-through transactions accounted for nearly VND1.77 trillion.
The stock market traded with caution from investors after the new General Director of the HoSE Le Hai Tra spoke in the media about a solution to prevent network congestion, which possibly is to raise the minimum round lot from 100 shares to 1,000 shares to reduce the load for the trading system.
According to the HoSE’s calculations, increasing the round lot to 1,000 shares can reduce the total number of trading orders by 40-50 percent, at the same time, it can pave the way for new heights of market liquidity.
Mr. Tra said that that might only be a temporary solution to solve the current network congestion situation. In the future, when the new stock trading system comes into operation, there will be an odd-lot board, and it is also possible to return to the current round lot of 100 units. However, this opinion faced considerable opposition from investors because it will make it difficult for investors, especially small investors. Because they will have to spend 10 times as much as currently to buy stocks on the HoSE.
Another solution to prevent network congestion for the HoSE is to transfer some stocks from the HoSE to the HNX, the State Securities Commission (SSC) has just sent documents to the HoSE, the HNX, and the Vietnam Securities Depository (VSD) on this.
Accordingly, the SSC requested the HNX to promptly accept and receive listed companies from the HoSE, without reviewing their records following the new listing process. The transaction mechanisms, transaction supervision, listing management, reporting, and information disclosure will be applied the same as companies listed on the HNX. The HoSE and the HNX will cooperate in supervising transactions for these stocks to ensure continuity of supervision.
Noticeably, the SSC stated clearly that shares of transferred companies, which are currently in the set of the VN-Index indicators of the HoSE will be removed from the set of HoSE indicators during the temporary transfer to the HNX. At present, SSC will temporarily not consider transferring the shares of companies currently in the VN30-Index.
The SSC also requested the HNX, the HoSE, and the VSD to urgently handle the issue so that enterprises can transfer the transactions of their shares similarly to the listing transfer cases that have been carried out so far. This mechanism will be applied from March 3 this year.
By Nhung Nguyen – Translated by Thuy Doan
HÀ NỘI — Vietnamese actor Trần Hạnh, who played poor farmers in many Vietnamese films, passed away on Thursday aged 92.
Born in Hà Nội in 1929, Hạnh was a theatre artist and actor in the Vietnamese cinema industry. He was one of the first artists to receive the title of State Artist of Excellence in 1994.
After more than 20 years, he was awarded the title of People’s Artist, Việt Nam’s top artistic award for a living artist – second only to the often posthumous Hồ Chí Minh Prize, on August 29, 2019
He is famous for his roles as a poor farmer or an old man in unfortunate plight, such as the Party secretary in the movie Làng Nổi (Floating Village), father An in the movie Truyện Cổ Tích Tuổi 17 (Fairy Tale of the 17), father Lài in Tướng Về Hưu (Retired General) and father Mai in the movie Hãy Tha Thứ Cho Em (Please Forgive Me).
On the stage of Hà Nội’s Drama Theatre, he played many outstanding roles that won many gold and silver awards at national theatre festivals. His golden age was in the late 1970s and early 1980s during which playing the role of Vietnamese poet Nguyễn Trãi in the play of Lam Sơn Tụ Nghĩa brought him the gold medal at the National Drama Festival in 1980.
People’s Artist Nguyễn Trung Hiếu, Director of Hanoi Drama Theatre, said the departure of famous artists like Trần Hạnh was a great loss to Vietnamese theatre.
Artist Quốc Quân, who co-starred in the film Đời Người Và Những Chuyến Đi (Human Life and Journey) with Hạnh, expressed his admiration for the true, humble and compassionate actor.
“He lived by roles on stage and screen. He just needed to be able to act and it didn’t matter if it was the supporting role or leading role, which was really precious,” he said. VNS
Dien Bien (VNA) – The Red Spring Festival, a voluntary blood donation event, is taking place in the northern mountainous province of Dien Bien on March 5, with more than 300 people coming to register.
This activity aims to encourage people in good health from all social strata to donate blood, helping to address the blood shortage in medical treatment after the Lunar New Year holiday, especially after a hiatus in donation activities due to the COVID-19 resurgence.
Disease prevention measures were carried out to ensure safety for participants, organisers said.
The event is expected to collect more than 210 blood units.
According to the Dien Bien steering committee for voluntary blood donation , this movement has been developing extensively and intensively in the province over the past years, with an increasing number of donors. Donation are now not limited to youngsters or State employees but have been expanded to people from all social strata.
Apart from the Red Spring Festival, other annual events to encourage blood donation have also been maintained, it noted, adding that clubs of blood donors have actively worked to serve emergency needs at the province’s general hospital.
The National Steering Committee for Voluntary Blood Donation has set a goal to collect over 1.5 million blood units in 2021, with 99 percent of which donated by volunteers. The rate of blood donors in the population is hoped to reach 1.6 percent this year.
Director of the committee’s standing office Le Gia Tien said at a recent conference that last year, thanks to many initiatives and great efforts to overcome difficulties caused by COVID-19, the committee received approximately 1.4 million units of blood, helping millions of patients.
The majority of blood units were donated by volunteers, equivalent to nearly 1.5 percent of the population. Half of the givers donated their blood more than once./.
Upon addressing the ceremony, Ha Thi Nga, president of the Vietnam Women’s Union, emphasised that this year’s award ceremony was held with the aim of celebrating the 35th anniversary of the Kovalevskaya Award. In addition, the occasion serves to affirm the importance of female scientists in conducting research activities to make great contributions to the country.
Nga went on to stress that the Vietnam Women’s Union has been fully aware of its role and responsibility in research activities that aim to improve the overall quality of the female workforce, especially in terms of high-quality female human resources.
Moving forward, the association plans to devise guidelines and policies which are both appropriate and effective in order to improve the overall quantity and quality of female intellectuals.
At the award ceremony, former Vice President Nguyen Thi Doan expressed her hope that female scientists will seize upon opportunities to climb the social ladder through their research activities whilst greatly contributing to the country through participating in scientific research products.
This year’s award has been presented to a group of scientists from the VAST, along with those from Hanoi Medical University, for their outstanding achievements in the field of scientific research, with their work in natural science research particularly notable.
The Kovalevskaia Award was named after the Russian mathematician Sofia Kovalevskaia and was first presented in the nation in 1986, becoming the first national award for female scientists in the process.
Over the past 35 years, the award has been presented to 20 different organisations and 49 individuals across various fields, such as mathematics, physics, chemistry, biology, agriculture, medicine, and information technology.
Hundreds of people in Hanoi lined up to help farmers in Hai Duong Province by buying their chickens.
About 900 chickens are being transported from Chi Linh City, Hai Duong Province, to Hanoi every day and sold at VND50,000 (USD2) per kilo. On March 4, hundreds of people lined up on Tam Trinh Street when the chickens arrived.
56-year-old Nguyen Thi Tuyet Mai from Hoang Mai District, said she and her neighbours came to help buy chickens after hearing that Hai Duong farmers needed help.
“They have worked hard but because of Covid-19 that they can’t sell their chickens like usual. The price is already low so I think it’s necessary to help,” she said. “I had to wait for two hours but I was able to buy two chickens. I’ll keep one and give another chicken to my daughter’s family.”
Hoang Thi Thao from Kim Thanh, Hai Duong, said their lives had been greatly affected by the latest outbreak. The farmers couldn’t sell their products. She started bringing the chickens to Hanoi after getting some help from other Hai Duong people who are living and working in Hanoi.
“We have had Covid-19 tests and have all necessary papers. After buying chickens from the household farms in Hai Duong, we bring them to 411 Tam Trinh Street in Hanoi,” she said.
Thao also thanked the authorities in Hai Duong Province and Hoang Mai District, everyone that helped her with administrative papers and those who bought chickens.
“I come there to sell the chicken twice a day at 4 am and 2 pm. Each time I brought about 900 chickens. After five days, Thao has been able to sold 20 tonnes of chickens.