Dicaprio donates 100 million

Cash is the preferred payment vehicle among Vietnamese traveling abroad as up to 60.4% of them last year used the greenback or exchanged their money for foreign cash from the destination country rather than using payment cards. Vietnamese travelers pose for photos at the Royal Palace in Phnom Penh, Cambodia – PHOTO: THANH THOM The research and consultancy company, in its report “Vietnam Outbound Travel Trends 2019” released today, July 29, noted that while the trend of using cards for payments is growing, some 50.3% of the surveyed tourists said they pay by cash while shopping abroad. While travelers born in the ‘80s and ‘90s prefer to pay in cash (49.9%), those born in the ‘70s and earlier (58%) see card payments are a preferred option. Citing data from the ASEAN Tourism Forum 2018, Outbox Consulting claimed that from 4.8 million overseas trips in 2012, Vietnam’s total outbound departures doubled to some 8.6 million last year, marking a … [Read more...] about Vietnamese prefer cash when traveling overseas: Outbox Consulting

It will need to buy 100 million shares, equivalent to the 4.6 percent stake held by non-state investors, which could cost around VND8 trillion ($345 million) at current market prices. Deputy Minister of Transport Nguyen Ngoc Dong said: "We will come up with a plan to buy and raise the money once the proposal has been approved." The ministry said in a proposal to the government earlier this week that it wants to make the ACV a wholly state-owned entity to ensure the highest safety standards. The government currently holds a 95.4 percent stake in the airports operator, while foreign investors own 3.61 percent and domestic shareholders, 0.99 percent. ACV runs 21 of the country’s 22 airports – the other being a private airport in northern Quang Ninh Province – and is responsible for building runways, parking bays and terminals there. Vietnamese airports served 103.5 million passengers last year, up 11 percent from 2017, according to ACV. … [Read more...] about Transport ministry yet to find funds for airports operator reacquisition

SINGAPORE - Media OutReach - December 11, 2019 -Stamford American International School - Sleeping Out in Solidarity. To raise awareness of homelessness and the refugee predicament worldwide, a pioneering group comprising of 16 Grade 11 and 12 students as well as 4 teachers took part in their first ever Sleep Out on school premises as part of The World's Big Sleep Out. World's Big Sleep Out at Stamford American International School Singapore The World's Big Sleep Out is now an annual global event to help raise awareness and funds to help the world's homeless and displaced. The Sleep Out was held across 52 cities, with over 50,000 people taking part. Even celebrities such as Will Smith and Dame Helen Mirren read bedtime stories to participants who braved the winter weather to sleep on the street in New York and London respectively. The Stamford students participated as part of the Creativity, Activity and Service Program (CAS). CAS is one of the three essential elements … [Read more...] about Stamford American International School Supports The World’s Big Sleep Out

Environment Wind energy expected to ease power shortage The Saigon Times Daily Wednesday,  Dec 11, 2019,18:43 (GMT+7) Wind energy expected to ease power shortageThe Saigon Times Daily Wind turbines in operation at a wind farm. Wind energy is expected to become Vietnam’s primary clean power source in the coming years - PHOTO: VGP HCMC – Wind energy is expected to become Vietnam’s primary clean power supply source in the coming years due to the country’s great potential for wind power, helping ease the pressure of power shortages, said Tran Viet Ngai, chairman of the Vietnam Energy Association. Referencing the offshore wind power project, Thanh Long Wind in Binh Thuan Province, Ngai said that if the 3,400-megawatt project, whose investment capital totals US$11.9 billion, is put into operation, it would provide large amounts of power to the national grid, contributing to energy security and … [Read more...] about Wind energy expected to ease power shortage

Stock Market Large-cap stocks buoy market recovery The Saigon Times Daily Wednesday,  Dec 11, 2019,19:21 (GMT+7) Large-cap stocks buoy market recoveryThe Saigon Times Daily Two investors look at the electronic stock price quotation board at Maybank Kim Eng Securities Company. The local stock market recovered today, December 11, with the VN-Index rising 1.48 points - PHOTO: THANH HOA HCMC – The local stock market recovered today, December 11, with the VN-Index rising 1.48 points, or 0.15%, at 961.78, backed by the rising prices of large-cap stocks. On the Hochiminh Stock Exchange, the VN-Index rebounded and hit its highest level of the day after falling below the reference mark. There were 216.5 million shares worth nearly VND4.4 trillion changing hands, down 10.8% in volume and 12.6% in value over the session earlier. In block deals, 57.9 million shares were traded with a total value of nearly VND1.5 trillion. … [Read more...] about Large-cap stocks buoy market recovery