International issues

Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines

An independent panel of experts reviewing the pandemic, led by former New Zealand prime minister Helen Clark and former Liberian president Ellen Johnson Sirleaf, said on Monday that Chinese officials could have applied more forceful public health measures in January last year to curb the initial outbreak. … [Read more...] about China’s latest COVID outbreak worst since March 2020

This is the strongest single-session decline in the HoSE’s 20-year history in absolute value, and erased all accumulated gains of the VN-Index since the beginning of the year up to now. The market only had 38 stocks remaining in green, while those in the red exceeded 440. … [Read more...] about VN-Index plummets over 74 points

Observers say this board meeting, which last until next Tuesday, is one of the most important in the U.N. health agency’s more than 70-year history and could shape its role in global health long after the pandemic ends. … [Read more...] about Vaccine nationalism puts world on brink of ‘catastrophic moral failure’: WHO chief

EVN said Vietnam’s favorable policies for renewable energy development, including the prime minister’s Decision No. 11/2017/QD-TTg issued on April 11, 2017, and Decision No. 13/2020/QD-TTg issued on April 6, 2020, have helped renewable energy, especially solar power, boom in the country. … [Read more...] about Solar power booms in the south