The HNX has organised 27 auctions in the first nine months of the year, including 16 capital withdrawals, 10 initial public offerings (IPOs) and one was for purchase rights. (Photo: hanoimoi.com.vn) Hanoi (VNA) – The Hanoi Stock Exchange (HNX) organized 27 auctions so far this year with total transaction value of more than 10.8 trillion VND (465 million USD) from. About 1.5 billion shares were put up for sale at the auctions, and more than 674 million shares were traded, accounting for 44 percent of the offered amount. The auctions included 10 initial public offerings (IPOs) and 16 for divestment. There was one auction for purchase rights. In September, HNX hosted four auctions, including three IPOs of the Vietnam National Shipping Lines (Vinalines), Nguyen Van Troi Forestry One Member Co Ltd and Kon Tum Water Supply One Member Ltd, and one auction of Vietcombank’s stake at the Phuong Dong Bank. Over 497.2 million shares were offered at the four auctions; however, … [Read more...] about Hanoi Stock Exchange hosts 27 auctions in nine months
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China has been the biggest inbound tourism market for Vietnam for many years. However, the No 1 position has been shaken with the strong rise of the South Korean market. Reports show that the gap in numbers of travelers from the two biggest markets is getting narrower. The growth rate of the South Korean market continues to increase, while the growth rate of the Chinese market has decreased or increased very slightly. Vietnam received more than 2.4 million South Korean travelers, up by 22.1 percent. China and South Korea accounted for 54 percent of total number of foreign travelers to Vietnam recently. In 2017, the number of Chinese travelers to Vietnam was 1.59 million higher than South Korean. The difference got narrower last year to 1.48 million, while it was 490,000 only in the first seven months of 2019. Meanwhile, in the first seven months of the year, the number of Chinese travelers decreased by 2.8 percent, while South Korean travelers increased by 22.1 percent. … [Read more...] about Will Chinese travelers’ No1 position be ousted by Koreans?
Illustrative image (Photo: VNA) Hanoi (VNA) – A plan is being built by the Directorate of Fisheries with a view to promoting the conservation, development and sustainable exploitation of aquatic resources. At a meeting to collect opinions on the planning on September 4, a representative of the directorate’s Department of Aquatic Resources Conservation and Development said the plan aims to protect, conserve, rehabilitate and develop fishery resources while ensuring efficient and sustainable exploitation, which is necessary to meet international requirements and support sovereignty safeguarding. This plan will assess the current protection, conservation, rehabilitate, development and exploitation of aquatic resources; fishery logistics services; along with the situation of human resources in the field between 2010 and 2019. It will also set up concrete criteria for each aspect in certain periods. According to the Research Institute for Marine Fisheries, … [Read more...] about Plan to boost conservation, sustainable exploitation of aquatic resources