Cold weather vs hot weather essay

The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets. — Photo vov.vn The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets, though selling pressure was exacerbated by many new retail investors dealing with margin calls for the first time and a crackdown on firms that borrowed money to buy stocks. None of this is however likely to have much impact on Viet Nam’s economic growth or on the aggregate earnings of listed companies, Michael Kokalari, VinaCapital’s chief economist, assured. “In Q1 earnings surged by around 30 per cent year-on-year, and we expect the earnings of all of the companies listed on the Ha Noi and HCM stock exchanges to surge by nearly 30 per cent this year.” Viet Nam’s benchmark VN-Index sold off 11 per cent last week and was down 21 per cent in the year to date at the end of last week after being nearly flat until March end, he said. … [Read more...] about Why the stock market sell-off when VN’s economy is strong?

The northern region of Vietnam has been forecasted to experience heavy rain this weekend. According to the National Centre for Hydro-meteorological Forecasting, today, May 20, rain has covered more northern localities with a rainfall of 20-50 mm. The northern region of Vietnam has been forecasted to experience heavy rain this weekend The heavier rain will ravage the northern and northern central regions until May 23. The weather will ease off on May 24. Thunder, hail, and strong wind would happen during the rain. Warnings of flash floods have also been issued for low-lying areas in northern mountainous and midland areas. Heavy rain is predicted to occur in the central, Central Highlands, and southern regions of Vietnam this weekend. The temperature in Vietnam would range from 20 to 33 degrees centigrade in the days to come. … [Read more...] about North to face heavy weekend rain

At the conference (Photo: SGGP) The Center for linking production, processing, and consumption of agricultural products in Can Tho City was established with the expectation that by 2050, it will become the central transport node in large metropolitan areas with smart technology. The center will be the focal point of the chain of smart production, processing, and consumption centers in the region. In this link chain, about 50 percent - 70 percent of the production processes are done automatically and intelligently. Speaking at the conference, Chairman of the Can City People's Committee Tran Viet Truong said this is an important conference to get opinions from ministries, sectors, and localities in the region, step by step perfecting the project in the most feasible direction before submitting it to the Government. The Center aims to contribute to the construction of Can Tho City into the central city of the Mekong Delta region, contributing to the development of the region’s … [Read more...] about Center hoped to help link, consume agricultural products in Mekong Delta

Developers clamour for legal clarity, Illustrative image (Photo: VNA) Nguyen Manh Ha, vice chairman of the Vietnam Real Estate Association, said that tourism real estate needs to break down barriers to development as soon as possible, in order to move alongside the general economic recovery. “Currently, mechanisms and policies for resort real estate are unclear, especially in terms of new types of real estate such as condotels, officetels, and second-home villas in resorts,” Ha said. The legal framework has not kept pace with the reality of hospitality and resort real estate development, thus partly hindering the growth momentum of these types of property, Ha added. They are not given a right use certificate, known as a red book in Vietnam, because they are built on land plots permitted for developing tourism property only, and not for residential projects. Doan Van Binh, chairman of CEO Group, said that supply is scarce not only in Vietnam but worldwide due to the impact of … [Read more...] about Developers clamour for legal clarity

Both Vietnamese men's and women’s U23 football teams advance to the finals and compete for gold medals. Vietnam and Thailand will compete for the gold medal at the finals of SEA Games 31 after the two teams won their rivals 1-0 in each match both took place on May 19. Thailand defeated Indonesia in extra time, the same way Vietnam won against Malaysia as both matches ended goalless in 90 minutes. Tien Linh scores a goal in the match versus Malaysia on May 19. Photos: Ngoc Tu/The Hanoi Times Tien Linh made a header to open the score for Vietnam in the 111th minute from a corner kick made by Captain Hung Dung. The goal was made after Malaysia were down physically, sometimes resulting in ill-organized defense and fouls when fighting for the ball. In most of the match, Malaysia chose to preserve defensive tactics without clear passes to shut down the rival’s offense. Vietnam’s Coach Park Hang-seo chose defenders Van Xuan and Van Do to take chances when … [Read more...] about SEA Games 31: Vietnam and Thailand to compete for football gold medal

Việt Nam's Nguyễn Trần Thanh Tự in action against Filipino legend Efren Reyes in the semi-finals. VNA/VNS Photo Khánh Hòa HOÀNG HỒ HÀ NỘI — The hotly anticipated all-Vietnamese men's one-cushion corom was not to be, as Phạm Quốc Tuấn was forced to withdraw after testing positive. And so, without breaking a sweat, Nguyễn Trần Thanh Tự won the men's one-cushion carom on May 19, due to Tuấn being unable to compete. With the result, Tự defended the hosts’ SEA Games one–cushion carom title, Tuấn finished second while the bronze is shared between Filipino Efren Reyes and Francisco Dela Cruz. For Đoàn Tuấn Anh, leader of the Việt Nam Billiard & Snooker team at the SEA Games 31, Tuấn’s absence was a shame, but there was no other way due to the Games’ regulation. “According to the regulations of the Organising Committee, in all sports, athletes who are positive with COVID-19 cannot attend any match,” Tuấn Anh said. “Because Tuấn got COVID-19 on … [Read more...] about COVID cancels all-Vietnamese one-cushion carom final

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 19. - Prime Minister Pham Minh Chinh and his entourage arrived in Hanoi on May 19, successfully concluding their trip to the US to attend the ASEAN-US Special Summit, and to make visits to the US and the United Nations. Prime Minister Pham Minh Chinh at the ASEAN-US Special Summit . (Photo: VNA) The trip has contributed to promoting the relations between the Association of Southeast Asian Nations (ASEAN) and the US, and between Vietnam and the UN and the US, while affirming Vietnam’s role and prestige in the international arena. Read full story - Visiting Speaker of the Parliament of Singapore Tan Chuan-Jin received Chairman of the Vietnam - ASEAN Friendship Parliamentary Group Bui Van Cuong in Hanoi on May 19. During the meeting, Tan briefed his visitors on the outcomes of his talks with Vietnamese NA Chairman Vuong Dinh Hue. Read full story - The … [Read more...] about ☕ Afternoon briefing on May 19

Aiming to become one of the top 10 banks in ASEAN, Vietnam’s Techcombank is prioritizing sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021. The rate of Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s “billion-dollar profit” club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the lender continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last … [Read more...] about Vietnam’s Techcombank is on track for seat at top table of ASEAN banks