Dayspring corporate wellness

Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines

A worker cleans up old wires after they were removed on Truong Dinh Street, Ho Chi Minh City, May 12, 2009. Photo: Nguyen Cong Thanh / Tuoi Tre The cooperation has proven its role in changing the cityscape, preventing fire and contributing to the development of sustainable neighborhoods, according to Le Quoc Cuong, deputy director of the Department of Information and Communications.  … [Read more...] about A decade of burying tangled wires in Ho Chi Minh City

Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) recently issued Directive No.15 on the implementation of measures to ensure essential consumer goods are available during the upcoming Lunar New Year (Tet) holiday and to stabilise the market. The Departments of Industry and Trade nationwide have been ordered to outline production and business plans while making evaluations on the supply and demand of essential items, so as to make a timely response to prevent a shortage of goods or price hikes during Tet. They should recommend the provincial People’s Committees set up plans to stock shelves for the holiday or in case of epidemic, as well as join hands with branches of the State Bank of Vietnam to help businesses access preferential loans to produce essential goods for the holiday. They have been asked to coordinate with the Departments of Agriculture and Rural Development and competent agencies to keep a close watch on weather and disease developments and to assess … [Read more...] about MoIT working to ensure supply of goods during Tet holiday

“It’s the Lunar New Year after all, [I can] wake up earlier for the 4:30 am flight in order to land at Da Nang at 6:00 am. The crowd at the check-in counter would be less intense at that hour. Once I reach the arrival airport, I can board a bus and go straight back home,” Ty said. … [Read more...] about As travel demand surges, Vietnamese airlines plan more late-night flights during holiday season

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy