Birthdays june 24

The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months

Nguyen Thi Thu Hien, 34 and her friends had their tickets from Singapore to Jeju Island canceled on August 9 because they did not have visas. The island, however, has a visa exemption policy for tourists. Hien, from Hanoi, said she'd already visited Jeju back in 2018 under the visa exemption policy and wasn't aware that it had changed when she booked the tickets for her and her friends to fly there from Singapore. "When we got to the Changi Airport for check-in procedures, an employee told us to discuss the issue with the airline. A representative of Scoot Airlines said Vietnamese, Thai, Mongolians and people from certain other countries would no longer be able to enter Jeju Island under the visa exemption policy. The airline said it would refund our tickets," Hien said. Vu Quoc Hung, 31, who had booked tickets with 11 other Vietnamese to fly from Ho Chi Minh City to Jeju on August 11 via Singapore, had the same experience. Hung's group reached the Changi Airport and did some … [Read more...] about Airline cancels Vietnamese tourists’ tickets to South Korea’s Jeju Island

Kuala Lumpur capital of Malaysia (Illustrative photo: themalaysianreserve) Kuala Lumpur (VNA) – Malaysia recorded 836.2 billion RM (over 188.1 billion USD) in foreign direct investment (FDI) at the end of the second quarter, up 24.1 billion RM from Q1, according to the Department of Statistics Malaysia. The manufacturing sector remained the largest recipient with a value of 360 billion RM or 43.1%, followed by financial activities 189.8 billion RM (22.7%) and wholesale and retail trade 53 billion RM (6.3%). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the FDI sources were largely from Asia, which amounted to 431.1 billion RM or 51.6%, mainly from Singapore and Hong Kong (China), followed by Europe and the Americas. Singapore was still the biggest source of FDI, with an accumulated 174.1 billion RM (20.8%), followed by Hong Kong with 91.1 billion RM (10.9%), the United States 90 billion RM (10.8%) and Japan 84.2 billion RM (10.3%). Meanwhile, … [Read more...] about FDI flows into Malaysia top 188 billion USD in Q2

China's financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary and middle schools on Sept. 1 after months of COVID-19 closures. The city will require all teachers and students to take nucleic acid tests for the coronavirus every day before leaving campus, the Shanghai Municipal Education Commission said. It also called for teachers and students to carry out a 14-day "self health management" within the city ahead of the school reopening, the commission said in a statement. Shanghai shut all schools in mid-March before the city's two-month lockdown to combat its worst COVID outbreak in April and May. It allowed some students of high school and middle school to return to classrooms in June while most of the rest continued home study for the remainder of the semester. The announcement on schools reopening brings great relief to many residents but fears about COVID lockdowns continue to persist, as China vows to stick to its dynamic … [Read more...] about Shanghai to reopen all schools Sept. 1 as lockdown fears persist

Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital

MUSIC & PERFORMANCES Hanoi-Makers Market Aug 19 – 21, 3 pm – 8 pm Centre for Art & Culture 22 Hang Buom 22 Hang Buom Street From the organizer: Supported in the framework of Hanoi Rethink project, Makers Market – Arts and Crafts Fair will be a space where young craft makers, designers, and printmakers from all over the country gather, introduce and promote their products in an immensely cultural and artistic space. This is certainly not only a great opportunity for the young community in Hanoi to access a wude range of creative products from across the country, but also a time for creative youth to get together to network for potential new creations and collaborations in the future. HCM City, Nha Trang City -Indian cultural festival A cultural event called “Namaste Vietnam Festival 2022”, ______________________________________________________________ EXHIBITION Hanoi-Artshow “Downtown in Reverie” … [Read more...] about What’s on August 15-21/2022