Deadliest catch season 10

Around $200 billion is now in tumult after a succession of days of network congestion and the news about the required increase in minimum trading lot from 100 to 1,000 shares on the HCM City stock market. Nguyen Giang, owner of The Way Coffee, completed the procedure to open an account at SSI Hanoi Branch after hearing that the HCM CIty Stock Exchange (HOSE) was planning to increase the required minimum trading lot from 100 shares to 1,000 shares. The reason behind the plan, as explained by Le Hai Tra, HOSE’s CEO, was to ease the overload. However, this was not good news for many investors, including Giang. Because of Covid-19, he no longer can work as an outbound tour guide, which he did for 10 years. In 2020, he opened a street coffee shop. However, the third Covid-19 outbreak once again affected his business. Giang then decided to make financial investments as he has confidence in the bright prospects of the stock market. However, the calculations of the investor may fail because of HOSE’s tentative policy. If the tentative policy takes effect, Giang will have to spend VND100 million at least for every purchase transaction of VIC (Vingroup), VJC (Vietjet), VCB (Vietcombank) and VNM (Vinamilk). If buying SAB (Sabeco), he would have to spend VND180 million at least, and ifor VCF (Vinacafe Bien Hoa), he would have to spend VND240 million. These are very large amounts of money compared with Giang’s investment plan. However, Tra said the policy, once applied, would bring benefits. It would not only help ease congestion thanks to the reduction of 40-50 percent in number of transactions, but would also better protect small investors. Nguyen Duy Hung, president of SSI, also commented that this is the best choice for now to maintain the system’s operation. However, many experts and securities companies don’t share the same view. They have warned that the policy isn't in line with stock market development and discriminates against small and …

[Read more...] about New regulation on minimum trading lot at HOSE aims to keep small investors away

The nation exported a total of 1,568 million tonnes of iron and steel worth US$1.123 billion during the reviewed period, marking a sharp rise of 71.9% compared to last year’s corresponding period, according to data released by the General Department of Vietnam Customs. January saw Hoa Phat Group, the country's leading steel maker, export roughly 10,000 tonnes of galvanized sheet partners to Belgium and Spain, while it also shipped more than 12,000 tonnes of cold galvanized steel to the Americas in February. Along with construction steel, Hoa Phat Group has also ramped up its export of steel pipes, galvanized steel, and galvanized steel wire to foreign markets. Furthermore, Hoa Sen Group Joint Stock Company shipped high-value batches of galvanized steel sheet to the United States, Mexico, Europe, and Southeast Asia, with export volume exceeding 100,000 tonnes per month. Nghiem Xuan Da, chairman of the Vietnam Steel Association, said domestic steel consumption throughout the reviewed period was estimated to have decreased by 30% compared to the same period from last year. Da believes that although a series of free trade agreements (FTAs) have come into force, such as the EU-Vietnam Free Trade Agreement (EVFTA) and the Vietnam-UK Free Trade Agreement (UKVFTA), not many local firms have the capacity to increase exports to the EU market. In general, the local steel industry faces a number of obstacles due to five further countries, including Malaysia and Philippines which are two of the country’s major markets, conducting anti-dumping investigations into Vietnamese galvanized steel and steel pipes. Moreover, the European Commission (EC) has recently announced plans to consider extending safeguard measures for imported steel. This comes after the EU on February 1, 2019, applied a safeguard measure against imported steel in the form of tariff quotas, with three groups of steel products from the nation being levied. Experts have therefore advised local …

[Read more...] about Iron and steel exports witness big leap

All of the fresh patients in Hai Duong are F1 contacts who previously came into close contact with confirmed cases and they had already been placed into quarantine at concentrated isolation facilities. The detection of the latest patients lifts the national infection tally to 2,507, including 1,584 domestically-transmitted cases, along with 923 imported cases. With regard to the COVID-19 vaccination programme, the Central Hospital for Tropical Diseases along, the Hospital for Tropical Diseases of Ho Chi Minh City and Hai Duong province, the nation's current biggest epicenter are set to start inoculation on March 8. Moving forward, vaccination plans will be based on the principle of ensuring maximum safety for citizens. "It can be affirmed that 100% of vaccinated people who contract the disease will be milder and not lead to death. This is a very important factor in deploying a large-scale vaccination plan. People need to get a better understanding of the benefits of vaccines as well as unwanted reactions in order to have confidence in vaccination as the best way to protect themselves from the virus," Health Minister Nguyen Thanh Long said. According to the official, priority will be given to those on the front line in the fight against COVID-19, including health workers, army personnel, police forces, along with customs and immigration officers. In addition, those working in sectors which offer essential services such as aviation, transport, tourism, and education will also be prioritised. This is along with people suffering from chronic illnesses, those above 65 years old, people living in pandemic-hit areas, the poor, and beneficiaries of social welfare. Due to the complicated nature of developments relating to the pandemic, the People's Committee of Kinh Mon town in the northern province of Hai Duong has recently issued a decision to continue implementing social distancing measures in line with Government Directive No16 for 10 communes and wards in …

[Read more...] about Local infection count rises to 1,584 after six further cases found in Hai Duong