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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

Rogen Ladon of the Philippines wins men's 52kg title on May 22. AFP/VNA Photo Thanh Hà Thailand won four golds while the Philippines and Việt Nam secured three titles each on the last day of the SEA Games 31 competition on May 22. The first victory of the Thais went to Somchay Wongsuwan in the men's 57kg as he beat Farrand Papendang of Indonesia 5-0. Bunjong Sinsiri followed his compatriot on the top podium after defeating Sarohatua Lumbantobing of Indonesia 5-0 in the men's 69kg category. Jakkapong Yomkhot beat Cambodian Ong Pherak in the men's 91kg class with a 5-0 result. Chuthamat Raksat outclassed Trịnh Thị Diễm Kiều of Việt Nam 5-0 in the women's 48kg pool. Rogen Ladon retained the men's 52kg title after beating Vietnamese bet Trần Văn Thảo for Philippine boxing's first gold at the Games on at Bắc Ninh Province's Gymnasium. Ladon was the aggressor from the get-go en route to a 3-2 split decision victory. The 28-year-old Ladon found an opening … [Read more...] about Boxing titles shared among Thailand, the Philippines and VN

Nguyễn Tiến Linh (9) and Nhâm Mạnh Dũng (17) celebrate after Dũng scored the only goal for Việt Nam. VNA/VNS Photo Quốc Khánh Peter Cowan HÀ NỘI – Việt Nam retained their SEA Games men’s football title on Sunday night, with a late, golden goal enough to see off bitter rivals Thailand by a goal to nil. The party began at Mỹ Đình Stadium in Hà Nội and surely went long into the night as the whole country celebrated their latest group of young heroes. The latest piece of silverware is yet another vindication of coach Park Hang-seo’s pragmatic methods, as while Việt Nam failed to entertain with their quality of play, he U23s still came away with the gold medal. Coach Park made three changes to the starting 11 that defeated Malaysia in the semi-final on Thursday, with Nguyễn Văn Tùng, Huỳnh Công Đến and Phan Tuấn Tài coming into the team. The passion of the rabid home crowd ensured the match was played in an atmosphere befitting of a final, but the quality of play in … [Read more...] about Golden Việt Nam defeat Thailand for SEA Games crown

This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 - 18. “The Vietnamese economy is expected to grow at 6.3 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border restrictions and domestic containment measures were eased. The aggregate output gap is expected to narrow significantly by the end of this year. The recovery is, nevertheless, uneven across sectors. While both the manufacturing and service sector outputs have surpassed their 2019 levels, the service sector still has pockets of distress, especially in the tourism, hospitality and … [Read more...] about AMRO forecasts Vietnam’s strong recovery amid external headwinds

During the program, women’s union of Ngu Phung commune were equipped with knowledge on the Party’s guidelines and State’s laws and policies relating to defense and security work in the border areas and sea and islands. Meanwhile, they also got familiar with the basic contents of the Laws on Vietnam Border Guard, Marriage and Family, Gender Equality, Prevention of and Combat against Human Trafficking, among others. On this occasion, the organizing panel handed over 10 gifts (worth VND 300,000 each) to needy women, and presented 30 national flags, planted 60 trees in Ngu Phung commune while visiting and offering gifts to troops at the Border Post of Phu Quy Port Border Gate. The program aimed to share difficulties with needy women in the areas, and take care of needy people and soldiers in the border areas and on sea and islands. It also helped improve women members’ knowledge on laws, thereby promoting their responsibility in local development as well as in the fight against … [Read more...] about “Standing side by side with women in border areas” program conducted in Phu Quy island district

The Ministry of Transport and localities have proposed VND103 trillion (USD4.43 billion) to carry out 13 transport infrastructure projects between 2022 and 2023. The Ministry of Transport has recommended six projects worth a total capital of VND87 trillion (USD3.75 billion) which will be sourced from the government’s socio-economic recovery programme. The Ministry of Transport and localities have proposed VND103 trillion to carry out 13 transport infrastructure projects The biggest project is the eastern section of the north-south expressway which has a total investment of VND146.9 trillion. Under the ministry’s proposal, VND72.6 trillion will be taken from the government’s socio-economic recovery programme. The other projects are the Cao Lanh-An Huu, Chau Doc-Can Tho-Soc Trang, Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau expressways and Dai Nghia Bridge which will use VND6 trillion, VND1.2 trillion, VND3.8 trillion, VND2.3 trillion, VND3.5 trillion and VND4.1 … [Read more...] about VND103 trillion proposed for 13 infrastructure projects

Vietnamese representative Phung Truong Tran Dai officially unveiled an outfit that she will wear during the National Costume Competition at the Miss International Queen 2022 pageant set to take place in June in Thailand. The outfit has been designed by Nguyen Minh Triet and draws inspiration from the motifs of rice, storks, cranes, sun, and Ao Dai, the nation’s traditional long dress Most notably, the highlight of the design is the headdress which takes its inspiration from the sun. The costume is primarily comprised of silk and aims to honour the beauty of Vietnamese women. This marks the third time that the nation has sent contestants to the transgender pageant, one of the world's leading beauty pageant for transgender women. This comes after Vietnamese representative Nguyen Huong Giang won Miss International Queen 2018 the first time the nation sent a competitor to the pageant. … [Read more...] about Vietnam unveils national costume for Miss International Queen 2022

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

Noise-proof panels are being urgently installed at the 3rd ring road, in Mai Dich-Nam Thang Long section. According to the Tokyu-Taisei contractor, about 4,500 aluminum-clad polycarbonate sheets will be installed on a total length of 5.3 km by the end of December. At the construction site, dozens of workers are rushing to complete the work on schedule. Before this installation, the Ministry of Transport assigned the Institute of Transport to test and monitor noise in this area of the road. All must be based on scientific data and then the authority would come to a decision to install noise barriers or not. From the monitoring results, the authority decided that noise has affected the lives of people living next to the 3 rd ring road. The purpose of the noise barrier installation is to eliminate noise for people living next to the ring road./. VNA … [Read more...] about Hanoi installs noise barrier system for the 3rd ring road

In the letter, PM Chinh wrote, “I am very pleased that our country’s women’s football team has successfully defended the “queen” for the 7th time at SEA Games 31, including 3 times in a row. More than 2 months ago, when I met to congratulate and reward the women’s football team for their first excellent performance at the World Cup 2023, I wished “diamond girls” and “diamond coaches” of Vietnamese sports to achieve the highest results at the SEA Games 31 as their immediate goal. The medals of the women’s football team, as well as other sports, reflected the great sacrifice and their determination of overcoming difficulties. When the national flag is being raised, the national anthem is being played in the medal awarding moment, each of us is proud and wants to express our deep gratitude to the athletes, the coaches… Along with the Party and State, I call on organizations, individuals and businesses to pay attention to and support our country’s sports teams. I will have a meeting … [Read more...] about SEA Games 31: PM sends letter to congratulate Vietnamese women’s football team