The selection of stocks based on strict criteria and risk management for the investment portfolio becomes particularly important. Currently, assessing the valuation and growth potential of individual companies and stocks is much more important than looking at the overall market valuation. — VNA/VNS Photo Multiple open-end funds have reported significant profits since the beginning of 2023, although last year many suffered losses or low profits due to market declines. Good Profitability Rates Many open-end funds have recorded higher rates of return compared to the market average. Among them, the VinaCapital-VESAF Fund recorded the highest rate with a 37% increase in profits, followed by SSISCA with a nearly 36 per cent increase, VCBF-MGF with 35 per cent, DCDS 34.8 per cent, DCBC 28.7 per cent, while the benchmark VN-Index only 20 per cent. Nguyễn Hoài Phương, the Investment Director and Fund Manager of VinaCapital-VESAF, stated that in the early months of 2023, the portfolio … [Read more...] about Multiple open-end funds record positive performance in 9 months
Indiana open door law
PM presides over Government’s September law-making session
A proposal on building the Law amending and supplementing a number of articles of the Law on Advertising, the issuance of documents detailing and guiding the implementation of laws, ordinances, and resolutions of the National Assembly (N.A.) and the N.A. Standing Committee that have taken effect. In his opening remarks, PM Pham Minh Chinh said that in the first nine months of this year, the Government has focused on implementing three strategic breakthroughs, including institution building and perfection. Therefore, the Government has spent a lot of time and resources, and applied innovations to promote the work of building and perfecting laws, remove difficulties and obstacles, and unclog all resources for rapid and sustainable development. He requested participants to thoroughly discuss important contents raised at this session to ensure its progress and quality. Source: VNA … [Read more...] about PM presides over Government’s September law-making session
NA Chairman’s visit to open up new chapter in Vietnam-Bulgaria ties: Ambassador
President Vo Van Thuong (R) receives outgoing Bulgarian Ambassador to Vietnam Marinela Petkova on June 9, 2023. (Photo: VNA) Hanoi (VNA) - National Assembly Chairman Vuong Dinh Hue ’s official visit to Bulgaria from September 23-26 will open up a new chapter in the traditional friendship and fruitful cooperation between the two countries in general and the two parliaments in particular, Vietnamese Ambassador to Bulgaria Do Hoang Long has said. Long told the Vietnam News Agency (VNA)'s reporter that Hue’s visit is of significance for the bilateral relationship, as this is the first high-level official visit of a senior Vietnamese leader after Bulgaria established a new-term National Assembly and Government in June 2023, demonstrating Vietnam’s respect for traditional friends, as well as its desire for Bulgaria to become a bridge to promote its extensive cooperation with other European Union (EU) member countries. The visit has received broad support and welcome from … [Read more...] about NA Chairman’s visit to open up new chapter in Vietnam-Bulgaria ties: Ambassador
N.A. Chairman’s visit to open up new chapter in Vietnam-Bulgaria ties: Ambassador
Long told the Vietnam News Agency (VNA)'s reporter that Chairman Vuong Dinh Hue’s visit is of significance for the bilateral relationship, as this is the first high-level official visit of a senior Vietnamese leader after Bulgaria established a new-term National Assembly and Government in June 2023, demonstrating Vietnam’s respect for traditional friends, as well as its desire for Bulgaria to become a bridge to promote its extensive cooperation with other European Union (E.U.) member countries. The visit has received broad support and welcome from the State, Government, Parliament, and people of Bulgaria, he said, adding that despite transforming its political regime since 1989, Bulgaria has still considered Vietnam a faithful friend and one of the most important partners in Southeast Asia. On February 8, 1950, Bulgaria was one of the first 10 countries in the world to officially establish diplomatic relations with the Democratic Republic of Vietnam, now the Socialist Republic of … [Read more...] about N.A. Chairman’s visit to open up new chapter in Vietnam-Bulgaria ties: Ambassador
Seminar on Truong Sa archipelago opened in Hanoi
The seminar drew the participation of Senior Colonel Tran Dung Trieu, a retired officer of the Department of Military Science of the Ministry of National Defense; comrade Nguyen Duy Xa who is a veteran of Brigade 125 under the Naval Service performing tasks in the Truong Sa archipelago; teacher Le Minh Phuong from the International Finnish Kindergarten whose husband is Commanding Officer of DK1/20 Platform of the Naval Service. During the event, participants watched a documentary featuring training and combat readiness mission as well as production of troops and islanders in Truong Sa island district and on DK1 Platforms and in waters and on islands of the country. They also listened to stories of guests about their visits to the national islands and platforms, and difficulties facing troops on duty in the areas, to name but a few. Colonel Cao Tien Son, Political Commissar of Hai Ba Trung district’s Military Command, held that the seminar aimed to help participants understand more … [Read more...] about Seminar on Truong Sa archipelago opened in Hanoi
Prime Minister suggests Vietnam, U.S. create cooperation breakthroughs
Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Pham Minh Chinh thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialize agreements reached by their high-ranking leaders, including the U.S.’s priority of accelerating the recognition of Vietnam’s market economy mechanism, and further opening door for Vietnamese goods like garments-textiles, footwear and farm produce, as well as its consideration of interests of Vietnamese businesses, and not imposing trade remedies on Vietnamese goods on the basis of ensuring balance, fairness and mutual benefits. The PM also … [Read more...] about Prime Minister suggests Vietnam, U.S. create cooperation breakthroughs
PM suggests Vietnam, US create cooperation breakthroughs
Prime Minister Pham Minh Chinh (right) and US Trade Representative Katherine Tai. (Photo: VNA) Washington D.C. (VNA) – Prime Minister Pham Minh Chinh suggested Vietnam and the US create breakthroughs in cooperation in science-technology, innovation, and education-training at a meeting with US Trade Representative Katherine Tai in Washington D.C. on September 19. Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Chinh thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialise agreements reached by their high-ranking leaders, including the US’s priority of … [Read more...] about PM suggests Vietnam, US create cooperation breakthroughs
Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
The landmark state visit of US President Joe Biden to Vietnam on September 10-11 has been a historic pivot, elevating Vietnam-US ties to a Comprehensive Strategic Partnership. The essence of this partnership, PM Chinh said, lies in deepening economic, trade, and investment collaborations. He emphasised the gravity of scientific, technological cooperation, and innovation as game-changers. "The Biden visit signals an enhanced strategic alignment, centred on economic partnerships and technological collaboration," he said. As reported by Tuoitre , Prof. Thomas Vallely, director of the Vietnam programme at Harvard Kennedy School, praised Vietnam's deft management. "Vietnam's response to major crises, especially its handling of the COVID-19 pandemic, is commendable," Vallely said. "Despite its nascent experience in some sectors, Vietnam has proactively sought knowledge, established global ties, and opened doors for partnerships, with the US being a case in point." Prof. Anthony … [Read more...] about Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
International aviation market shows signs of recovery
The period between January and September saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and 266.8% year-on-year, respectively. (Photo: VNA) Hanoi (VNA) – Vietnam’s international aviation market has gradually recovered in the first nine months with an increase in the number of foreign passengers, said the Vietnam Civil Aviation Authority (CAAV). According to statistics, the period saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and 266.8% year-on-year, respectively. Vietnam ese airlines transported 44.1 million passengers, an increase of 20.3% compared to the same period in 2022. Of the total volume, 11.5 million were foreigners, soaring by over 300% annually. The international air transport market continues to maintain its recovery momentum for most traditional markets (excluding China and Russia) and records the presence of some new markets in … [Read more...] about International aviation market shows signs of recovery
Int’l aviation market shows signs of recovery
According to statistics, the period saw airports across the country welcoming 89 million passengers, including 23.7 million foreigners, up 20% and nearly 270% year-on-year, respectively. Vietnam ese airlines transported 44 million passengers, an increase of 20% compared to the same period in 2022. Of the total volume, 11.5 million were foreigners, soaring by over 300% annually. The international air transport market continues to maintain its recovery momentum for most traditional markets and records the presence of some new markets in Central Asia, according to the Vietnam Civil Aviation Authority. Experts said the recovery of foreign passenger throughput is due to the open-door policies of countries, especially those in Northeast Asia./. VNA … [Read more...] about Int’l aviation market shows signs of recovery