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Market rebounds, ending two-day losing streak

September 20, 2023 by bizhub.vn

Vinhomes Imperia Hải Phòng Urban Area, a project built by Vingroup. The company's shares soared nearly 3.5 per cent on Wednesday, leading the market's uptrend. — VNA/VNS Photo The Vietnamese stock market recovered on stronger demand force after recent corrections, while foreign investors continued to withdraw from main exchanges. The VN-Index on the Hồ Chí Minh Stock Exchange increased over 14.6 points, or 1.21 per cent, to close Wednesday at 1,266.11 points. The recovery helped recoup most of the losses hit in the last two sessions. On the southern bourse, breadth of the market returned to a positive zone with 275 stocks advancing, while 52 ended lower. Liquidity decreased over the previous session, but remained above VNĐ20 trillion. Particularly, VNĐ20.37 trillion (US$838.25 million) worth of shares was traded on HoSE, equal to more than 878 million shares. The index's reversal was mainly driven by strong rebounds in real estate stocks and other pillars in the securities … [Read more...] about Market rebounds, ending two-day losing streak

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Amended decree on using foreign workers requires earlier report on employment demand

September 20, 2023 by e.vnexpress.net

As per the new decree, at least 15 days before the starting date of a foreign worker's employment, an employer (except for contractors) must submit a report to the Ministry of Labor, Invalids and Social Affairs or Departments of Labor, Invalids and Social Affairs of localities involved. The old decree allowed one to submit the report in 30 days. The report clarifies the employer's demand for the occupation whose requirements are yet to be met by Vietnamese workers. Changes regarding a foreign employee's position, job title, form of work, and location must also be reported to the above-said agencies at least 15 days before their starting dates. The agencies are required to send back written approval or disapproval accordingly within 10 working days. From January 1, 2024, the announcement for recruitment of Vietnamese workers in positions expected to recruit foreign workers will be made on the online portal of the labor ministry or of centrally-run cities' and provinces' … [Read more...] about Amended decree on using foreign workers requires earlier report on employment demand

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P&G brings reforestation event to Dong Nai

September 21, 2023 by e.vnexpress.net

The initiative was introduced earlier this year as a joint endeavor by P&G Vietnam, Central Retail Vietnam, and Gaia as a part of corporate efforts to address deforestation and forest preservation in Vietnam and to contribute to supporting the government’s international commitments on sustainability. Through the contribution from consumers when purchasing products of P&G brands at GO!, Big C, and Tops Market, 6,000 native trees of precious species in Xuan Lien and Ca Mau Nature Reserves were planted in just two weeks of the campaign. P&G Vietnam carries forward the Forests For Good initiative with a reforestation volunteering day at Dong Nai Nature Reserve. Photo courtesy of P&G Vietnam Through the diversity of participants, the event showcased a remarkable spirit of togetherness and a powerful message that positive change knows no boundaries. P&G Vietnam’s two brand ambassadors for Head & Shoulders and Pantene, singer Isaac and actress Kha … [Read more...] about P&G brings reforestation event to Dong Nai

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