Under the new general education program, the mathematics curriculum will focus on three major parts: arithmetic, algebra and analytical factors; geometry and measurement; and statistics and probability. Of these, statistics and probability enhance the applicability and practical value of mathematics education. On education forums, many parents have expressed their concern about the teaching of probability and statistics to general school students. Some parents even called it a ‘crazy idea’ to teach probability and statistics to small children at this age. Tran Phuong Mai, a parent in Dong Da district in Hanoi, in an email to VietNamNet, wrote that she cannot understand why probability and statistics, which is a difficult subject even for mathematics majors at university, will be taught to primary school students. Linh Ha Students at HCM City primary schools win top prize at Robothon Students at Le Ngoc Han and Luong The Vinh primary schools won the top … [Read more...] about Vietnam to teach probability and statistics to second graders
This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills. Vietnam’s bond market registered growth of 3.4% on-quarter and 1.9% on-year to US$55.1 billion as of the end-September, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor. This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the State Bank of Vietnam (SBV), the country’s central bank, increased issuance of central bank bills. The overall expansion of the country’s local currency bond market was slightly tempered by a 2.8% contraction on-quarter in the corporate bond market to US$5 billion. Nevertheless, the corporate bond market still posted growth of 4.2% year-on-year. Yield movement Vietnam’s local currency government bond yield curve shifted downward between August 31 and October 15. Bond yields for … [Read more...] about Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion
Since issuing corporate bonds has become easy thanks to open regulations, it is necessary to tighten control over bond issuance. According to Saigon Securities Incorporated (SSI), VND129.016 trillion worth of corporate bonds were offered to sell in the first eight months of the year and 90.08 percent was sold. VND22.664 trillion, or 61 percent of bonds, were sold to domestic investors. However, it’s unclear who the ‘domestic investors’ are. Meanwhile, bonds cannot sell to individual investors who don’t have deep knowledge about the market. The analysts blamed the hot corporate bond market on the easy requirements stipulated in Decree 163. Hai Linh Anonymous foreign investor buys entire batch of Phu My Hung bonds Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales. Vietnam’s bond market continues growth Vietnam’s … [Read more...] about Is the corporate bond market too hot?
The price of sugar has continued upward causing a chaos in the sugarcane market with most factories having to suspend their work due to the lack of raw materials. But farmers are determined to wait for higher prices, they say. According to Nguyen Thanh Long, General Manager of the Can Tho Sugar Joint Stock Company, sugar at new record prices of between VND9,000 and 10,000 a kilo has pushed sugarcane’s price up to VND450,000-500,000 a kilo. Mr. Long also said this year is quite different from last when sugarcane faced the huge slippages in prices and farmers had to sell at the lowest price. Recently, two sugar factories in Hau Giang Province, namely Phung Hiep and Vi Thanh, underwent two production suspensions. The Soc Trang Sugar and Sugar Cane Company suffered similarly and other companies in the Mekong Delta face the same problem. Some of guessed the reason is not due only to lack of raw materials but also higher prices. However, some experts predict sugar’s price will … [Read more...] about Chaos in the domestic sugarcane and sugar markets
The number of students from kindergarten to high school levels in HCM City will increase by more than 75,400 in the 2019-20 academic year, according to the city’s Department of Education and Training. The number of students from kindergarten to high school in HCM City will increase by 75,434 in the upcoming 2019-2020 academic year. VNS/Photo Gia Loc The total number will reach more than 1.7 million, said Le Hong Son, the department’s head, at the 15th session of the city's People’s Council meeting, which ends today. The rise in the number of students in the city districts of 7, 9, 12, Go Vap, Tan Phu, Binh Tan, Thu Duc, Binh Chanh, Hoc Mon and Cu Chi is due mostly to an increase in people moving to HCM City from other provinces and cities. For the upcoming academic year, as many as 1,476 new classrooms will be put into use, including around 500 for primary school students and more than 380 for secondary school students. As of June, the city had a ratio of 278 … [Read more...] about HCM City sees increase of more than 75,000 students for upcoming academic year