Hanoi capital city is generally not as exciting as ho chi minh city more

Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown. Enterprises in Vietnam have issued warnings that food prices will continue to rise unless solutions are found to restrain surging food input costs, including raw materials, gasoline, and animal feed. As a case in point, cooking oil is now being sold 15-20 percent more expensive at supermarkets in Ho Chi Minh City than at the beginning of the year, and 70-90 percent higher than the price of 2020. Notably, Tuong An cooking oil now sells for VND60,000-160,000 (US$2.6-$6.9) per liter, depending on the type, while a set of 10 chicken or duck eggs is offered at VND33,000-VND38,000 ($1.4-$1.64) at traditional markets. The rates are about 20 percent higher than earlier this year, and nearly double those of last year, mostly owing to higher production costs and … [Read more...] about Purchasing power drops, food prices rise in Ho Chi Minh City

At the press conference on May 24 to announce GEFE 2022 (Photo: EuroCham) GEFE 2022 aims to help Vietnam fulfill its commitments made at the 26th UN Climate Change Conference of the Parties (COP26) in the UK last year, and its socio-economic development targets set in the national strategy on green growth for 2021-2030. It will bring together experts, scientists, students and governmental representatives from Europe, Vietnam and other Southeast Asian nations. GEFE 2022 will also feature EuroCham Vietnam’s Green Business Awards and annual Gala Dinner. The event will be organized by EuroCham’s Green Growth Sector Committee with the support of the Delegation of the European Union to Vietnam, EuroCham’s nine affiliated European business associations, European embassies and governmental organizations, as well as the Vietnamese government and its ministries. EuroCham Chairman Alain Cany said the event is expected to serve as a platform to enhance cooperation between European and … [Read more...] about Green Economy Forum and Exhibition to be held in HCMC in November

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge

A four-year-old Vietnamese girl has passed away after she was bitten by a venomous snake but no venom antiserum against the species was available for use to save her then, local authorities said. The little girl, S.T.N.N., died on Sunday, a week after being bitten by a Malayan krait snake, one of the venomous snake species, while sleeping at home in Phuoc Tan Commune, Son Hoa District, Phu Yen Province, located in the south-central region. N.'s mother found her daughter being bitten by the snake at 0:00 on May 16 and took the girl to the district health center immediately, the commune authorities said. Due to her critical condition, the girl was transferred to the Phu Yen Obstetrics and Pediatrics Hospital at 2:30 am the same day in a state of lethargy and difficulty breathing. Doctors later performed endotracheal intubation on the girl as she showed signs of apnea, said Dr. Phan Van Minh, the hospital director. They promptly transferred her to the provincial General … [Read more...] about In Vietnam, little girl dies of snakebite as hospitals couldn’t find corresponding antivenom

A doctor checks the PET/CT scanner before operating it at Cho Ray Hospital. (Photo: SGGP) Exhaustedly searching places to get PET/CT scans In the past three days, Nguyen Dinh Hung, living in Binh Chanh District in HCMC, had to visit many hospitals around the city to find a place to take PET/CT scans for his mother, a patient suspected of having stomach cancer. At first, Hung went to HCMC Oncology Hospital, but the hospital said that it no longer had any radiopharmaceuticals to operate its scanner. Hung took his mother to Military Hospital 175 and then People's Hospital 115, but these two places also turned him down because their machines stopped working. Being told by his friends that only Cho Ray Hospital had a working scanner, he registered a PET/CT scan for his mother there. However, due to the overwhelming number of patients, it takes more than a month before his mother’s turn comes. "For cancer patients, a long waiting time may cause the disease to advance to a severe … [Read more...] about Shortage of radioactive materials needs to be resolved urgently