England second half line up

Among those waiting outside the Immigration Department on Nguyen Trai Street in HCMC's District 1 was 22-year-old Nguyen Quoc Danh (R). He said he was there before daybreak because he needed a passport so he could study abroad. He had tried to submit his application three times already, but failed because there were simply too many people ahead of him. Some people brought along a snack to munch as they waited. About two kilometers away, at 5:30 a.m., around 50 people were waiting in front of an immigration office on Nguyen Thi Minh Khai Street. Demand for passports has soared after the application process was temporarily suspended for one month for "non-urgent" purposes. Since the beginning of this month, people have been flocking to immigration offices to apply for new passports or get old ones renewed. The rush has prompted many residents to arrive at the offices hours before they open. One man dozes as … [Read more...] about HCMC residents line up before daybreak for passports

At the three-day meeting, the delegates will listen to reports of the Municipal People’s Committee on the socio-economy situation in the first six months of 2022 and missions, and solutions in the second half of the year; consider some reports of the HCMC People’s Committee. Of which, there will be reports related to public investment planning, school fees at all levels, attraction policies and support for staff working at commune-level agencies. Notably, the delegates will perform thematic supervision on the implementation of Resolution No. 54/2017 of the National Assembly on piloting specific mechanisms and policies for the development of the southern metropolis. At the meeting, the standing board of the HCMC People’s Council will also give assessments on proposals of HCMC’s People’s Committee’s voters at the previous meetings. In addition, the Vietnam Fatherland Front Committee of Ho Chi Minh City will also announce the participation in government building activities in the … [Read more...] about Sixth meeting of 10th tenure People’s Council of HCMC opens

From the beginning of the trading session, financial stocks, such as banks and securities, gained positively, keeping the VN-Index from falling sharply even though many sectors were flooded in the red. Banking stocks that climbed the most on the floor at approximately 3 percent were VIB, BID, TCB, CTG, and MBB. Securities stocks, like VCI, HCM, and VND, also remained in an upward trend. Besides, penny-chip stocks, like HAG, AMD, ITA, and HNG, and steel stocks, including HPG, HSG, and NKG, also went up because of vibrant trading. In contrast, energy and seafood stocks dropped sharply. Specifically, VHC declined by 4.2 percent, ACL retreated by 5.1 percent, NT2 sank by 5.6 percent, VSH slumped by 4.9 percent, and REE slid by 3.5 percent. As a result, the market still dropped slightly. Closing the morning session, the VN-Index deleted 4.5 points, or 0.38 percent, to 1,191.03 points. On the Hanoi Stock Exchange, the HNX-Index also went down by 2.04 points, or 0.73 percent, to 279.15 … [Read more...] about VN-Index loses nearly 15 points on selling pressure

The 29-year-old works in Hanoi’s flood-prone Cau Giay District. "After it flooded twice, I’m scared and have to check my weather app every day to make sure to return home early if it forecasts rain," she says, describing her experience of getting caught in the recent rainstorms as a "nightmare." The ride between home and office used to take 15 minutes, but these days it takes over one hour. In late May her bike broke down in the middle of a flooded street. She had to wait for the rainwater to ebb before calling a relative to come and help her push the bike home. The following morning she took a break from work to take her bike to a nearby repair shop and found three or four other customers waiting in line with the same problem. During the second flooding episode on June 13, luckily her bike did not break down. But she had to spend a lot of time driving in the chaotic traffic, which had come to a standstill on many streets. "Now, whenever it starts to rain, I return home … [Read more...] about When downpours turned life upside down in Hanoi

Customers shop in a supermarket in HCM City. Consumers in the city are preferring cheap goods to save money. — Photo baotintuc.vn Consumers in HCM City are favouring inexpensive brands due to quickening global inflation, encouraging businesses to invest more in affordable products. Nguyen Thi Hong Dieu, an egg supplier for convenience stores in District 12, told Nguoi Lao Dong (The Labourer) Newspaper that due to rising petrol prices jacking up prices of eggs, her income had slowed and she began cutting her family expenses. “Now I buy just enough food to eat, I stopped buying new clothes and have switched to cheaper, on-sale brands of detergents and shower gel.” Nguyen Viet Anh from Binh Thanh District told Viet Nam News that his income had not recovered from the COVID pandemic, so he was opting for cheaper food brands that may not be as high quality as what he used to buy. Local businesses have reported that the recent trend of consumers saving money and preferring cheap … [Read more...] about HCM City consumers favouring cheaper goods amid rising prices

Pineapples are being processed for export at a Dong Giao Foodstuff Export JSC factory in Gia Lai Province. — VNA/VNS Photo Hong Diep Viet Nam earned US$27.88 billion from agro-forestry-fishery exports in the first half of this year (H1), up 14 per cent year-on-year despite the difficulties and impact of the world economic environment, according to the Ministry of Agriculture and Rural Development (MARD). Of the sum, exports of key farm produce and forestry products reached $11.37 billion and $9.1 billion, surging 8.8 per cent and 3 per cent year-on-year, respectively, fishery products hit $5.8 billion, up 41 per cent annually, while that of livestock reached $176 million, down 16 per cent, and production input topped $1.42 billion, up 65 per cent. Nine types of goods recorded an export revenue exceeding $1 billion in the period: coffee, rubber, cashew, fruit and vegetable, rice, tra fish, shrimp, wooden goods, and inputs for production. Items which saw increases in both … [Read more...] about Agro-forestry-fishery exports on track to surpass yearly target

Illustrative photo Value of stock Determining the approximate time to enter the market is the dream of all investors in the world, and no one is sure if they can be absolutely accurate on this. However, this is only when investors want to always win in short-term trading. For long-term investors, it is not a big deal when fluctuations go up and down for a few days, or a few weeks, as long as they know that the shares held have guaranteed value in the future and will continue to grow. In the long term, it is the value of the stock or the market in general that determines the trend. The short-term speculative view is to bet that someone else will buy back your shares at a higher price, while the long-term view is to bet that the business will continue to grow and distribute good profits to shareholders. If you understand this, the line between right and wrong turns out to be a move towards the cautious. Many speculators understand the market differently than an investor. In … [Read more...] about Seasoned investors unaffected by stock fluctuation

Striker Nguyen Van Truong (left) vies for the ball with Jaime Domingo Rosquillo of the Philippines in the 2022 Southeast Asian U19 Football Championship held in Indonesia on Monday afternoon. (Photo VFF) Hanoi (VNS/VNA) – Vietnam crushed the Philippines 4-1 in the 2022 Southeast Asian U19 Football Championship held in Indonesia on July 4 afternoon. Following the goalless draw against Indonesia in the first match, Vietnam were determined to secure three points. From the off, Vietnam were on the front foot. After missing two good chances in the opening exchanges, striker Nguyen Quoc Viet found the net with his third early effort to open the scoring. In the 16th minute, striker Nguyen Van Truong had a good chance to double the lead but after dribbling through the defence his effort was saved by Lance Jeter Aquino Bencio. With the sun beating down in Indonesia, Vietnam conserved their energy in the first half to ensure they never ran out of steam. The Philippines … [Read more...] about Vietnam crush Philippines in Southeast Asian U19 event

Electronics groups from South Korea and Japan are continuing to expand in Vietnam, Le Toan The Saigon Hi-tech Park Management Authority has recently granted the license for Samsung Electronics HCMC CE Complex (SEHC) to expand its operation with a total investment capital of $841 million. Starting operations in 2016, SEHC is currently Samsung Electronics’ second-largest manufacturing site worldwide for TV screens and home electronics units. Meanwhile, Samsung Engineering has officially become the strategic shareholder of DNP Water, a member of DNP Holdings, after spending $41 million to acquire 24 per cent of the company. The pair signed a strategic partnership agreement on June 29. Investing in DNP Water is an opportunity for Samsung Engineering to approach the water treatment sector in Vietnam. With the experience and the competition capacity, it has plans to open wastewater treatment plants and then expand to other surrounding countries. Founded in 1970, Samsung … [Read more...] about Samsung imprinting essential role in fostering capital inflows