An employee passes electronic boards showing share prices inside Hồ Chí Minh Stock Exchange in HCM City. — VNA/VNS Photo Hữu Khoa HÀ NỘI — An upgrade to emerging status will not only help the stock market develop quickly, transparently and sustainably, but also attract huge foreign capital inflows, said experts. Recently, the Government has directed to purge the market and improve the trading system’s capacity, showing its determination to enhance the quality of the stock market. The refinement is to protect investors and open a door for the Vietnamese stock market to be upgraded from a frontier to an emerging market. Prime Minister Phạm Minh Chính has taken an interest in the development of the capital market and the stock market, including the matter of upgrading the market. During a trip to attend the ASEAN-US Special Summit, on May 16, the PM visited the New York Stock Exchange (NYSE) – the largest stock exchange in the world – hoping it supports and shares experience to … [Read more...] about Upgrading the market for the sake of all participants
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1,319 new COVID-19 transmissions reported on Sunday
A boy is vaccinated against COVID-19 in Hà Nội. — VNA/VNS Photo HÀ NỘI — Việt Nam reported 1,319 new COVID-19 infections on Sunday, bringing the national total to 10,708,887. Hà Nội again topped the list of new transmissions with 347, followed by the northern province of Bắc Ninh with 138. The other areas that recorded infections were Vĩnh Phúc (90), Nghệ An (82), Yên Bái (61), Quảng Ninh (58), Tuyên Quang (51), Phú Thọ (50), Hải Dương (40), Thái Nguyên (39), Thái Bình (35), Đà Nẵng (33), Lào Cai (32), Nam Định (21), Hà Tĩnh (19), Quảng Bình (19), Lâm Đồng (19), Bắc Kạn (17), Cao Bằng (17), Hải Phòng (17), Hưng Yên (16), Hà Nam (13), Thanh Hóa (12), HCM City (12), Lạng Sơn (10), Hòa Bình (10), Sơn La (10), Bình Phước (7), Hà Giang (6), Quảng Trị (6), Bình Định (6), Gia Lai (5), Ninh Bình (4), Bến Tre (3), Bình Thuận (3), Bắc Giang (3), Lai Châu (2), Bà Rịa-Vũng Tàu (2), Bình Dương (1), Thừa Thiên-Huế (1), Cần Thơ (1) and Hậu Giang (1). There were no COVID-related deaths on … [Read more...] about 1,319 new COVID-19 transmissions reported on Sunday
HCMC Chairman Mai voted Chairman of Universities Council of Rectors
Mr. Phan Van Mai speaks at the meeting (PHoto: SGGP) At the first meeting of the Council of Rectors of Universities in the southern metropolis in 2022 at the University of Education yesterday, the council announced the decision to consolidate its personnel and proposed several new activities. The Council of Rectors in universities in HCMC was approved including Chairman of the Ho Chi Minh City People's Committee Phan Van Mai who was voted to be Chairman while Vice Chairman of the municipal People's Committee Duong Anh Duc was voted to be permanent Vice Chairman of the Council. Other vice chairmen of the Council include Director of Ho Chi Minh City Department of Education and Training Nguyen Van Hieu and Secretary of the Party Committee of HCMC Universities and Colleges Nguyen Thi Minh Hong. Members of the Council of Rectors of Universities in Ho Chi Minh City include 51 higher education institutions. The Rector's Council consists of six councils according to pedagogical … [Read more...] about HCMC Chairman Mai voted Chairman of Universities Council of Rectors
Vietnam triumph in SEA Games 31 three-cushion carom
Tran Quyet Chien claims a SEA Games gold medal in three-cushion carom on May 22. (Photo: VNA) Hanoi (VNS/VNA) — Tran Quyet Chien proved why he’s the world No. 3 in three-cushion carom after beating Nguyen Duc Anh Chien in an all-Vietnamese final of the ongoing 31st Southeast Asian Games (SEA Games 31) on May 22. Despite being one of the best carom players, this is the first SEA Games gold medal for Quyet Chien as this category is rarely held at the SEA Games. The final got off to a very even start with both players closely following each other on every point. However, against one of the world’s best, Anh Chien couldn’t keep his momentum and missed a few tough shots when the match was getting more intense. And that Quyet Chien left his compatriot far behind as the 38-year-old showed his class, scoring consecutive points to take a big 31 -16 lead. Anh Chien’s massive late effort helped the world top 20 player to narrow the gap to 35-24 before Quyet Chien sealed … [Read more...] about Vietnam triumph in SEA Games 31 three-cushion carom
Vietnam subdue Thailand to strike gold for 2nd time in SEA Games men’s football
Vietnam beat their Thai rivals 1-0 on Sunday night to win the gold medal in men’s football for the second time in a row at the Southeast Asian (SEA) Games. Despite the rainy weather, fans arrived at My Dinh National Stadium in Hanoi very early to cheer for the junior Golden Stars. The Vietnamese under-23 team staged a series of attacks to pressure their Thai peers in the very first minutes of the match. Striker Nguyen Tien Linh had a chance to open the scoring for Vietnam in the 19th minute, but his header was not powerful enough to defeat Thai goalie Kawin Thamsatchanan. From a corner kick in the 43rd minute, Thailand’s Jonathan Khemdee took a shot at Nguyen Van Toan’s goal, but the ball flew too high. Vietnam carried out a counterattack in the following minute, but there was a lack of coordination between the players. The first half concluded with no goals for either team. Thailand launched more attacks after the break, threatening Vietnam’s net in several … [Read more...] about Vietnam subdue Thailand to strike gold for 2nd time in SEA Games men’s football
Vietnam Airlines suffers $113mn Q1 loss despite revenue surge
National carrier Vietnam Airlines remained in the red in the first quarter of this year, with losses of nearly US$113 million, despite its revenue rising to a two-year high. The airline posted a loss of VND2.621 trillion ($112.9 million) over the first three months of 2022, according to its Q1 consolidated financial statements issued on Friday. The loss was recorded even though the flag carrier logged revenue of more than VND11.6 trillion ($500 million) in the period, up 55 percent year on year, the highest performance since the second quarter of 2020, when COVID-19 began to severely affect Vietnam’s aviation industry. The impressive revenue failed to cover the total cost that was higher than expected, leading to the firm’s ninth consecutive quarterly loss, the carrier said. Vietnam Airlines’ fuel expense in the quarter was VND465 billion ($20 million) more than projected given rising world oil prices, VnExpress cited the company as saying. The Q1 result has brought the … [Read more...] about Vietnam Airlines suffers $113mn Q1 loss despite revenue surge
Vietnam keeps sitting atop SEA Games medal table with 188 golds
Vietnam has won 188 gold medals so far at the ongoing 31st Southeast Asian (SEA) Games, more than the total numbers of golds of second-placed Thailand, third-placed Indonesia, and fourth-placed Philippines combined. As of 3:00 pm on Sunday, the host nation had bagged 188 gold medals, 109 silvers, and 109 bronzes, according to the event's official website. Thailand ranked second with 77 golds, 92 silvers, and 125 bronzes. Indonesia and the Philippines were in third and fourth places with 62 and 47 gold medals, respectively. Vietnamese athletes claimed a total of 17 gold medals on Saturday, with the championship title in women’s football being the most notable. The Vietnamese women scored a 1-0 victory over their archrivals Thailand to successfully defend their gold medal at the tournament. The other gold medals came from tennis, diving, judo, canoeing, indoor handball, aerobic gymnastics, chess, weightlifting, and vovinam. The junior Vietnamese team are scheduled to … [Read more...] about Vietnam keeps sitting atop SEA Games medal table with 188 golds
Vietjet reopens flights between Seoul and Vietnam’s beach destinations
Passengers on the first Vietjet Air flight from Seoul to Nha Trang. (Photo: vietjetair.com) Hanoi (VNA) – Celebrating a vibrant summer and welcoming life back to Vietnam's famous paradise beaches, budget carrier Vietjet has officially reopened flights connecting Seoul and Nha Trang, Phu Quoc and Hai Phong. The first flight back to Nha Trang from Seoul on May 20 was greeted with a water cannon salute, flowers and gifts, showing Vietnam’s warm hospitality to visitors. Vietjet plans to relaunch services from Seoul to Phu Quoc and Hai Phong and vice versa this May, raising the total routes linking Vietnam and the Republic of Korea to six, given that the two countries are expecting a new wave of tourists from both sides, after the RoK announced the resumption of short-term tourist visas for foreigners from June 1. There are currently three Nha Trang - Seoul (Incheon) round-trip flights weekly, on Wednesdays, Fridays and Sundays. Starting from May 21, Vietjet … [Read more...] about Vietjet reopens flights between Seoul and Vietnam’s beach destinations
Việt Nam triumph in three-cushion carom
HOÀNG HỒ HÀ NỘI — Trần Quyết Chiến proved why he’s the world number 3 in three-cushion carom after bettering Nguyễn Đức Anh Chiến in an all-Vietnamese final at Hà Đông Gymnasium on May 22. Despite being one of the best carom players, this is the first SEA Games gold medal for Chiến as this category is rarely held at the SEA Games. The final got off to a very even start with both players closely following each other on every point. However, against one of the world’s best, Anh Chiến couldn’t keep his momentum and missed a few tough shots when the match was getting more intense. And that Quyết Chiến left his compatriot far behind as the 38-year-old showed his class, scoring consecutive points to take a big 31-16 lead. Anh Chiến’s massive late effort helped the world top 20 player to narrow the gap to 35-24 before Quyết Chiến sealed the final with five world-class shots to be crowned the champion. With his first SEA Games title, Trần Quyết Chiến became the second Vietnamese … [Read more...] about Việt Nam triumph in three-cushion carom
SEA Games 31: two more gold medals for Vietnam in canoeing/kayak events
Truong Thi Phuong, Nguyen Thi Huong, Diep Thi Huong and Nguyen Thi Ngan win a gold medal in the women’s 500m quadruples final (Photo: VNA) Hai Phong (VNA) - Vietnam secured two more gold medal s in two canoeing events held in Hai Phong city on May 21, raising the total number of gold medals of the host in this sport at SEA Games 31 to eight. Truong Thi Phuong, Nguyen Thi Huong, Diep Thi Huong and Nguyen Thi Ngan defeated Indonesian opponents in the women’s 500m quadruples final with a time of 1:54 seconds to take the gold medal. Meanwhile, Nguyen Thi Huong once again brought glory to the country, finishing first in the women’s 200m singles final with a time of 49 seconds. Vietnamese female rowers also performed well at the the women’s kayak 500m quadruples and the women’s canoeing 200m quadruples, pocketing two more silver medal s on the same day. After five days of competition, the Vietnamese canoeing/kayak team brought home eight golds, five silvers and two … [Read more...] about SEA Games 31: two more gold medals for Vietnam in canoeing/kayak events