Axa equitable funds management group

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

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

Le Hoang Phong and Tran Thuy Vi gained 20.4 points to win gold, while Cambodia’s Sokhor Has and Sreypov Mo bagged silver for their 19.3 points, and Thailand’s Chawisa Intakul and Phatcharapong Photjanakosri took bronze with 19.1 points. Scoring 20.733 points in the group event, Nguyen Che Thanh, Le Hoang Phong, Tran Ngoc Thuy Vi, Vuong Hoai An, Nguyen Viet Anh dominated the event to win gold. It’s the second gold for Vi, who won one in a team event on May 21. Cambodian Sreypov Mo, Tola Nget, Chanbory Choeun, Sokhor Has and Bunthoeun Trorn bagged silver after a 19.144-point showing. Five athletes from Thailand – Supatsorn Watcharaporn, Chawisa Intakul, Phatcharapong Photjanakosri, Nattawut Pimpa and Chanokpon Jiumsukjai – managed a bronze medal with an 18.522 points result. Thailand's Chanwisa Intakul began the second day of Aerobic by winning a gold medal in the women’s individual of the SEA Games 31 at Hanoi’s Quan Ngua Sports Centre on May 22. The Thai athlete earned … [Read more...] about Vietnam win golds in aerobics