Tran Duc Phan, head of the Vietnamese sports delegation at SEA Games 31, said Monday that the most impressive thing about the event this year was the support of the people. "Stadiums were chock-full of people. Many stadiums couldn’t allow more people in as they were overloaded. There were matches at the Thien Truong Stadium in Nam Dinh where so many people showed up even for foreign matches that they had to stop letting people in. We were very surprised to see so many people coming. Sport has truly become a part of the Vietnamese people’s life," he said at a press meet. He also commented on the "surprising" fact that while Vietnam only aimed to get 140 gold medals, they won 205, breaking the previous record of 194 held by Indonesia in 1997. "Many athletes shone when they entered the Games... Vietnam’s advantage was to be able to fight on our own turf, backed with our audience. Many fans came to watch and cheer on the athletes, including parents and family members from faraway … [Read more...] about People’s support X-factor in Vietnam’s SEA Games success
Thien long named among vietnams 50 best performing companies vnexpress international
SEA Games 31 closing ceremony: the warmest and dearest farewell from Vietnam
The 90-minute closing ceremony of the 31st Southeast Asian Games ís a warm farewell from the host country to regional friends. SEA Games 31 officially came to a close at the My Dinh Indoor Athletics Arena in Nam Tu Liem District, Hanoi on May 23. Participants in the ceremony are Vietnam's Prime Minister Pham Minh Chinh, Deputy Prime Minister Vu Duc Dam, Minister of Culture, Sports and Tourism Nguyen Van Hung, Hanoi Mayor Chu Ngoc Anh and the Deputy Prime Minister of Cambodia, H.E Samdech Pichey Sena Tea Banh, among others. While the opening ceremony featured mass performances and spectacular visual effects, the closing is a more cozy and friendly kind of event, with the motto “Coming together to shine”. Vietnamese singers perform a medley of songs about Hanoi with the performances of 100 dancers, kicking off the closing ceremony of the 31st SEA Games. On the stage is a parade of cyclos while in the background are the … [Read more...] about SEA Games 31 closing ceremony: the warmest and dearest farewell from Vietnam
PNJ sees profits jump 70 pct
Revenues also rose by 50 percent to VND2.28 trillion. April is the seventh month in a row the company surpassed its pre-Covid results of VND2-trillion in revenues and VND100-billion in profits. For the first four months this year, it recorded revenues of VND12.9 trillion and profits of VND866 billion, up 40 percent from last year. Gold bar was PNJ’s fastest growing segment with revenues rising by 64 percent, thanks to geopolitical conflict in Ukraine and the global risk of inflation. Vietnamese consider gold a safe haven holding in times of market volatility. But its profit margin was down from 18.4 percent to 17.8 percent, dragged down by the lower margin of gold bars. As of the end of April, PNJ had 343 independent stores. It opened seven locations in the first four months but closed two. It eyes opening 35-40 new outlets by the end of this year. … [Read more...] about PNJ sees profits jump 70 pct
Marriage proposals to ‘Magician’: 5 SEA Games moments
AFP Sport picks out five memorable moments: Rock-star treatment Efren Reyes of the Philippines was given the kind of reception usually more associated with rock stars than aging pool players. Vietnamese cueist Nguyen Tran Thanh Tu (R) takes a selfie with Efren Reyes after their SEA Games match in Hanoi, May 18, 2022. Photo by Giang Huy With more than 100 professional titles to his name in a career spanning over four decades, the 67-year-old was mobbed by young fans eager to get a closer look and a selfie whenever their hero showed up. Despite bowing out early from one event, hundreds of fans still chased the veteran player known as the 'Magician' as he left the building under a heavy security escort. "I love you!" they shouted as he waved regally from a bus. He left the Games with one bronze. Faster than Bolt Thai teenager Puripol Boonson blitzed the field in the men's 100m and 200m to underline his status as a possible global sprint star of the future. … [Read more...] about Marriage proposals to ‘Magician’: 5 SEA Games moments
Falling trade likely caused by withdrawing speculators
Since last month the average daily trading on Vietnam’s stock bourses have dropped to around VND16 trillion ($690.70 million), down 61.5 percent from the first quarter. Trading declined for the sixth session in a row to VND12.46 trillion on Friday, before increasing 7 percent to VND13.33 trillion on Monday. Le Chi Phuc, CEO of investment fund SGI Capital, said at a recent forum that many new investors who had only been trading for several months had left the market due to lack of knowledge and experience. This means there are more room for long-term investors and organizations to buy, he added. Analysts of RongViet Securities Corporation said in a note that in the last two years, Vietnam’s stocks have been surging thanks to "easy" money, referring to speculators’ investment in stocks that rise and fall rapidly. But starting this year, only stocks with real value, shown by the company’s profit growth and increased capital, can continue to rise, with some winning sectors … [Read more...] about Falling trade likely caused by withdrawing speculators
Vietjet offers free borderless flying to SEA Games 31 football champions
The two teams won the gold medals in football at the 31st Southeast Asian Games (SEA Games 31) hosted by Vietnam, thus successfully defending their SEA Games championship and marking the second time that both the male and female football teams won the SEA Games. With the philosophy of bringing good values to the community and society, the Sovico group always pays attention and accompanies Vietnam sports and tournaments. The new-age carrier Vietjet has not only revolutionized the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations and performance, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers’ demands. Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largest private carrier, the airline … [Read more...] about Vietjet offers free borderless flying to SEA Games 31 football champions
Deputy PM busy on threshold of WEF meeting
Deputy Prime Minister Le Minh Khai (R) meets COP26 President Alok Sharma. (Photo: VNA) Geneva (VNA) – Deputy Prime Minister Le Minh Khai on May 22 held several bilateral meetings with leaders of international organisations and businesses during his trip to Geneva to attend the 52nd World Economic Forum (WEF) annual meeting. At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the … [Read more...] about Deputy PM busy on threshold of WEF meeting
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs
Key localities stepping up industrial real estate moves
Germany-invested Framas Group has rented a 20,000-square-metre ready-built factory in KTG Industrial Nhon Trach 2, in the southern province of Dong Nai. Framas Group specialises in manufacturing high-quality plastic parts with customers including Nike and Adidas. Fabian Urban, director of footwear technology at Framas Vietnam, said that the reason for choosing Vietnam to open a factory is that the facilities are superior to other locations. “The establishment of this new factory is part of the group’s wider strategy to develop the footwear sector in the Vietnamese market,” said Urban. Meanwhile, Danish jewellery brand Pandora on May 12 signed an MoU to build a new jewellery crafting facility in Vietnam-Singapore Industrial Park III (VSIP) in the southern province of Binh Duong, 40km north of Ho Chi Minh City. According to Jeerasage Puranasamriddhi, chief supply officer at Pandora Production Co., Ltd., the new factory will be the company’s third manufacturing site and its first … [Read more...] about Key localities stepping up industrial real estate moves
Bac Lieu expands growing rice to organic standards
Shrimp-rice fields grown to organic standards in Bac Lieu Province. — VNA/VNS Bac Lieu (VNS/VNA) - The Mekong Delta province of Bac Lieu is expanding the use of organic fertilisers in rice cultivation to improve farmer’s incomes and protect the environment. In the last winter-spring rice crop, Phuoc Long district’s Bureau of Agriculture and Rural Development launched a pilot programme for increasing the use of organic fertilisers and reducing the use of chemicals on a total area of 110ha, with 60 farmers involved. Pham Van Cau, one of the farmers, said: “The prices of inputs, especially fertilisers, have shot up, and so the use of organic fertilisers helps farmers reduce costs while rice plants still have high yields and quality.” He grew 2ha of Dai Thom 8, a speciality rice variety, and got nearly 10 tonnes per hectare, and earned more than 300 million VND (13,000 USD), he said. Organic fertilisers cost less than chemical fertilisers, and farmers in fact can … [Read more...] about Bac Lieu expands growing rice to organic standards