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Famous market to be suspended due to pandemic

/ March 6, 2021

HoSE considers suspending amendment and cancellation orders while trading

HoSE considers suspending amendment and cancellation orders while trading The proportion of amendment and cancellation orders has tended to increase. If these orders are stopped, the liquidity on HoSE will be eased by 30 per cent. This solution can be implemented immediately without any technical intervention, said HoSE. HoSE said that this solution had certain impacts on investors’ behaviour as they will consider carefully before placing buy and sell orders. Algorithmic trading orders will be harder to execute due to the higher risk. At the same time, split spread orders will also be reduced. However, according to the general manager of a securities company, the suspension of cancellation and amendment orders can be applied theoretically, but in terms of service and experience, it will not be really applicable. “Even at banks, when customers write incorrect payment orders, they can still leave and re-correct,” he said. An individual investor said that in case this solution is applied, if the order is placed wrongly, trading may become troublesome because it cannot be modified. “We have to watch the electronic board all day if we want to trade because it is impossible to predict market movements during the session,” he said. HoSE said it would listen to all feedback from investors regarding this new solution. According to HoSE, in January 2020, the total number of amendment and cancellation orders on the bourse reached nearly 770,000 out of a total of more than 2.7 million orders, equivalent to an average of more than 45,000 cancel orders among over 160,900 orders per day. Thus, the number of amendment and cancellation orders accounted for more than 28 per cent of the total trading orders. The number of trading days per month fluctuates from 15 to 23 depending on national holidays. In June 2020, there were nearly 2.6 million amendment and cancellation orders out of a total 8.4 million transaction orders, accounting for 31 per cent. In …

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/ March 7, 2021

The most famous pagodas in Da Lat

The hilly city of Da Lat is home to many pagodas, some of which are very well-known among tourists. These pagodas are not as crowded as in previous years due to the Covid-19 pandemic, but they are still attractive venues for visitors who look for peace. This Tet, pagodas in Dalat City are not as crowded as in previous years due to the Covid-19 pandemic Thien Vuong Co Sat Pagoda Located five kilometers to the northeast of the city center, Thien Vuong Co Sat is also known as Tau or Phat Tram Pagoda. Built in 1958, it is one of the oldest pagodas in Dalat. The pagoda is famous for a giant white Buddha statue located on top of a pine hill. This is also among the biggest Buddha statues in the city The pagoda is surrounded by many pine trees, creating a peaceful scenery Three Buddha statues inside the pagoda’s hall A Buddhist monk makes calligraphy products at the pagoda Some calligraphy works are displayed near the pagoda’s gate Thien Vuong Co Sat Pagoda is at 385 Khe Sanh Street, Ward 10, Dalat City Quan The Am Pagoda Quan The Am is a big pagoda situated near Xuan Huong Lake. The pagoda is beautifully decorated and organizes many meaningful activities for visitors during Tet. Tet booths are set up at the pagoda’s yard, offering free vegetarian food for visitors There is a Neu tree, which is a very tall bamboo tree, in the front yard of the pagoda. Many people believe that planting a Neu tree in Tet helps expel evils and brings good luck. A booth offers free calligraphy works A man offers incense in front of a Buddha statue Little Buddhist monks chant a sutra in the major hall A big drum is hung on the left wing of the major hall Quan The Am Pagoda is at 15 Ba Huyen Thanh Quan Street, Ward 10, Dalat City. Giac Hoa Pagoda …

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/ March 21, 2020

Vietnam suspends entry of foreigners to tame coronavirus spread

The Hanoitimes - Violators of quarantine measures, failure to declare health status or activities that aid escaping or avoiding quarantine would be severely punished. The Vietnamese government has decided to temporarily suspend entry of all foreigners from March 22 due to swift and complicated developments of the Covid-19 pandemic. Immigration officers on duty at Noi Bai International Airport on March 13. Photo: Ba Do/VnExpress The decision has been made after a growing number of coronavirus infections in the country in recent days have mostly originated from Vietnamese and foreign visitors coming from European countries, mostly the UK and France. …

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