Digitalization is seen as a major instrument for Vietnam to promote an independent and self-reliant economy. Businesses and people should be the main beneficiaries and the driving force for the national digital transformation, so the Government encourages them to take an active part in this process. Prime Minister Pham Minh Chinh at the meeting. Source: VGP Prime Minister Pham Minh Chinh stressed the goal during a meeting of the National Committee on Digitalization today [August 8]. According to Chinh, efforts from Government agencies and localities have been translated into strong progress in Vietnam’s digitalization and contributed to the socio-economic recovery. The prime minister, however, pointed to the incompleted legal environment as the reason hampering the digitalization process, while a lack of investment in digital infrastructure, including the mobile and fixed broadband internet speeds behind the world average, means it has failed to create … [Read more...] about People and businesses urged to take part in the digitalization: PM
Shares which are 52 week low
NutiFood becomes major shareholder in Vinasoy’s owner
The transaction worth about VND87 billion ($3.78 million) was done on August 2 by NutiFood Binh Duong Nutrition Food JSC. After the transaction, NutiFood increased its ownership ratio in Quang Ngai Sugar to 19 million shares, equaling a 5.33 per cent stake. NutiFood is the fourth-largest shareholder in Quang Ngai Sugar, following Thanh Phat Trading Co., Ltd, general director Vo Thanh Dang, and investment fund VinaCapital. This ownership ratio is still quite low, however, since the end of last year, there have been many speculations on the stock market that NutiFood is trying to increase its influence in Quang Ngai Sugar . Quang Ngai Sugar could be an ideal piece for NutiFood to increase market share in the food and beverage sector. Notably, at the end of last year, Phuoc An Coffee JSC – a member of NutiFood deputed an expert of RongViet Securities Corporation to hold 29.35 million shares, equaling an 8.2 per cent stake in Quang Ngai Sugar. Meanwhile, … [Read more...] about NutiFood becomes major shareholder in Vinasoy’s owner
FM Bui Thanh Son’s remarks at ASEAN flag-hoisting ceremony
Foreign Minister Bui Thanh Son addresses the ceremony (Photo: VNA) Hanoi (VNA) – Foreign Minister Bui Thanh Son made a speech at the ASEAN flag-hoisting ceremony in Hanoi on August 8 on the occasion of the 55th anniversary of the regional grouping. Following is the full text of his speech. Excellencies, Ladies and gentlemen, It is my great pleasure to welcome all of you to the ASEAN Flag-Hoisting Ceremony today to mark the 55th founding anniversary of ASEAN. I am also happy to see all of you, healthy and safe after two years of COVID-19 outbreak. The ceremony this morning brings me back to the solemn moment as the ASEAN Flag was hoisted high amidst the stirring ASEAN Anthem at the very successful 55th ASEAN Foreign Ministers’ Meeting in Phnom Penh last week. Standing before the ASEAN Flag, we are truly proud of what we all have achieved in pursuing the aspirations of nearly 700 million Southeast Asian people for an ASEAN Community of peace, solidarity, resilience and … [Read more...] about FM Bui Thanh Son’s remarks at ASEAN flag-hoisting ceremony