By 10:40 a.m., the VN-Index had lost nearly 24 points to 1,168 points, something securities firms attributed to profit-taking pressure from investors. With the sudden rise in sell orders, the HoSE trading system froze, and indexes, liquidity, and number of stocks gained and lost stood still for nearly 20 minutes. … [Read more...] about VN-Index plummets over 74 points
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Researchers warn of risks for Vietnam in 2021
According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021
Home-grown peach flower trees to be labelled
On January 18, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan signed an official document about labelling and traceable peach flower trees for the coming Tet holiday. The ministry asked provincial people's committees to tighten management to tighten monitoring and raise public awareness to prevent forest destruction. Depending on each locality, the authorities can use labels to differentiate the trees but they must not create more bureaucracy and troubles for businesses. The ministry will work with localities authorities to find the most suitable solution to this problem. Local authorities were asked to strictly follow the prime ministerial directives about a tree-planting festival this Tet and step up the forest development projects in the first months of 2021. They must report back to the ministry by January 31. During the review meeting for the agriculture sector in 2020, PM Nguyen Xuan Phuc asked local authorities to prevent the exploitation of wild peach … [Read more...] about Home-grown peach flower trees to be labelled