Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
Fourteen reasons why food security is important
Hanoi (VNA) - The Hanoi Federation of Labor has introduced a raft of measures to support more than 50,000 workers affected by the COVID-19 pandemic. According to statistics from the federation, as at April 3 a total of 3,610 enterprises with 121,273 employees were directly affected by the disease. Of the enterprises, 896 had to suspend operations. The federation therefore took 1.5 billion VND (about 64,000 USD) from its budget to help 1,500 disadvantaged trade union members working in local businesses and producers as well as non-public educational facilities. Trade unions in the capital have to date provided support to 50,558 affected workers and also presented 915,000 face masks, 52,417 bottles of sanitiser, protective gear, medical equipment, and food, together with nearly 7 billion VND in cash, for local COVID-19 prevention and control efforts. The federation has set up working groups to actively implement measures to ensure security, social order, and safety among the trade … [Read more...] about Hanoi trade union helps over 50,000 workers affected by COVID-19
In comparison to Italy the population of Việt Nam is larger, 100 million compared to 60 million. Việt Nam has a much younger average age, which might decrease the severity of an outbreak. However, most households have several generations which make it more difficult to protect the elderly, who are more venerable. In addition, the proportion of healthcare personnel and hospital beds per capita in the Vietnamese healthcare system is much less, central hospitals normally are over-crowded resulting in patients often having to share beds. Considering the consequences of a generalised Covid-19 epidemic the forceful preventive measures taken by the Vietnamese authorities are crucial. … [Read more...] about A deadly mix of Covid-19 and superbugs may be the cause of high death rates in Italy – could this also happen in Việt Nam and can it be prevented?
A high school teacher has lent a hand to stall the spread of the novel coronavirus by giving away free masks and soap donated by others to vulnerable yet ill-informed peddlers in rural areas in the central province of Quang Ngai, while another man from Ho Chi Minh City is trying to keep his community fed and full with food and other essentials. … [Read more...] about Communities in Vietnam reach out as fight against coronavirus goes on
The Top 20 billionaires have a combined net worth of $1.2 trillion, unchanged from last year but still the highest count ever. Their aggregate wealth represents roughly 14 percent of all billionaires. The minimum net worth to make the Top 20 was $38.8 billion, $200 million less than 2018. … [Read more...] about Five Vietnamese named in Forbes list of world’s richest people