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Shanghai aims for return to normal life from June 1

May 16, 2022 by e.vnexpress.net

Deputy Mayor Zong Ming, speaking at a daily online news conference, gave the clearest timetable yet for a return to normal for the city's 25 million people who have been frustrated by more than six weeks of lockdowns and inconsistent messaging as to when they can resume their lives. Shanghai officials declared the city's epidemic under control but they also said their goal until May 21 would be to prevent a rebound in infections, meaning many curbs will remain in place. Eliminating cases outside quarantine areas is a key condition for resuming normal life under China's strict zero-Covid policy. The city plans to gradually increase domestic flights and rail services, and from Monday will begin reopening supermarkets, convenience stores and pharmacies. Shanghai's lockdown, along with Covid curbs in numerous other Chinese cities, have battered the world's second-largest economy and disrupted global supply chains. … [Read more...] about Shanghai aims for return to normal life from June 1

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HoSE to provide odd-lot trading starting from June

May 18, 2022 by bizhub.vn

A man watching stock movements on screens. — Photo thanhnien.vn Investors will likely be able to perform odd-lot trading on the southern bourse starting from June after all necessary tests are completed. An odd lot refers to an order amount lower than the normal unit of trading. Trading a number of shares from 1 to 99 is classified as odd lot trading. Speaking on national television, Phạm Hồng Sơn, Vice Chairman of the State Securities Commission (SSC), said that SSC has directed the introduction of odd-lot trading. The Hồ Chí Minh Stock Exchange (HoSE) is working with securities companies to test the system and will complete it next week. After everything is accomplished, investors will likely be able to trade odd lots from early June. Last week, HoSE asked member securities companies to test odd-lot trading from May 9 to 20. After the testing period, securities firm must submit their reports before May 25. From the beginning of 2021, in order to minimise order … [Read more...] about HoSE to provide odd-lot trading starting from June

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Conference discusses Public-Private Partnerships in health

May 18, 2022 by vietnamnews.vn

A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hà Nội on May 18. — VNS Photo Thanh Hải HÀ NỘI — ‘Public-Private Partnership for sustainable healthcare transformation’ was the main topic of a conference organised by Đầu tư (Investment) newspaper in Hà Nội on May 18. Opening the event, the newspaper's editor-in-chief Lê Trọng Minh said that Việt Nam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health … [Read more...] about Conference discusses Public-Private Partnerships in health

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Mekong flowing at highest in years but drought feared later

May 18, 2022 by e.vnexpress.net

According to Mekong River Commission (MRC), from November 2021 to April 2022 the Lower Mekong River Basin (LMB) was wetter than normal years with rainfall 25 percent above average basin-wide. At Thailand's Chiang Saen, the second uppermost monitoring station in the LMB, the level rose from 1.84 meters on Mar. 2 to 3.25 meters on May 11. The latter figure is lower than the 60-year average until 2021, but notably higher than during the drought years of 2019–21. At the Vientiane station in the Laotian capital, water levels even exceeded the 60-year average. In Cambodia, levels along the stretch from the Stung Treng to Kompong Cham monitoring stations rose by 0.66-2.22 meters, an increase of around 1.5 meters from last year, the MRC said in a statement. The Vietnam National Center for Hydro-Meteorological Forecasting (NCHMF) said late last month that the Mekong Delta, where the river reaches the sea, in April received 15-20 percent more water than average. In May and June the … [Read more...] about Mekong flowing at highest in years but drought feared later

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HCMC petitions for specific mechanisms and policies to develop sustainably

May 18, 2022 by www.sggpnews.org.vn

Mr. Mai speaks at the meeting (Photo: SGGP) On the afternoon of May 17, the Ho Chi Minh City National Assembly Delegation supervised the implementation of Resolution 54/2017 of the National Assembly on piloting specific mechanisms and policies for the city’s development and social economy in the first four months of the year and the benefits and solutions in the last months of 2022. Speaking at the meeting, Vice Chairman of Ho Chi Minh City People's Committee Vo Van Hoan emphasized that the city’s socio-economic situation in the first four months of 2022 has many bright spots. Importantly, the Covid-19 epidemic has been under control as from April 8 to now, the southern largest city has not recorded any deaths. The city's economy continued to rebound and recover strongly. In the first four months, the total state budget revenue reached more than VND186,000 billion, reaching more than 43 percent of the estimate. Regarding the implementation of the Resolution 54 , the … [Read more...] about HCMC petitions for specific mechanisms and policies to develop sustainably

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Not lending to property sector will have mixed effects: analysts

May 16, 2022 by bizhub.vn

A view of HCM City. Many banks have temporarily ceased lending to the property sector. — Photo vneconomy.vn Deputy Governor of the State Bank of Viet Nam, Dao Minh Tu, announced at the Government’s March press conference that credit growth in the first quarter of the year had been 5.04 per cent, much higher than the 2.16 per cent rise in the same period last year. He described it as a “quite positive result” that showed the economy had made a significant recovery with people’s lives and businesses returning to normal thanks to the Government’s effective measures against the COVID-19 pandemic. According to a report by the SBV’s HCM City office, credit growth in the country’s main economic hub was estimated at 3.65 per cent in the first quarter. The positive performance has encouraged many banks to set high goals for the full year. At its annual general meeting on March 16, VIB approved a growth target of 30 per cent, much higher than the cap of 14 per cent set by the central … [Read more...] about Not lending to property sector will have mixed effects: analysts

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Vietnam, Indonesia navies discuss maritime boundaries

June 8, 2021 by hanoitimes.vn

Vietnam and Indonesia have expressed a desire to prevent further maritime spats. High-ranking officers of Vietnam and Indonesia navies have discussed measures to strengthen the cooperation as well as maritime boundaries between the two littoral countries. Rear Admiral Tran Thanh Nghiem at the phone talk with his Indonesian counterpart on June 7. Photo: Quan Doi Nhan Dan In the phone talk held on June 7, Rear Admiral Tran Thanh Nghiem, commander of the Vietnam People’s Navy, and Indonesian Navy Chief of Staff Admiral Yudo Margono said they will continue making efforts to maintain the peaceful and stable maritime boundaries and facilitate the fishing without violating the waters of each country. The commanders agreed to speed up the completion of the Joint Training Standard Procedure in addressing common maritime security challenges. Vietnam and Indonesia reached an agreement on continental shelf delimitation in 2003. In 2010, the two defense forces signed … [Read more...] about Vietnam, Indonesia navies discuss maritime boundaries

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Where to go and what to do in Hanoi for locals and tourists?

May 17, 2022 by hanoitimes.vn

Famous tourist attractions in Hanoi and tours between the capital city and neighboring provinces will help turn the visits on the occasion of the 31st SEA Games into memorable experiences. The Southeast Asian Games is not only a sporting event held in a couple of weeks but also an opportunity for the host country to promote its cultural and historical appeals, scenic spots as well as people. The Huc Bridge - a small bridge over Hoan Kiem Lake to enter the Ngoc Son Temple in Hanoi. Photo: Vinh Pham The 31st SEA Games is taking place in Hanoi and 11 nearby provinces and cities from May 12 to 23. So, what appealing destinations should tourists visit when coming to this big event? Departing from Hanoi... The capital city is a destination that tourists can’t miss when attending this SEA Games, especially those staying in Vietnam for only a few days. Hanoi is renowned for countless ancient buildings, special scenic spots, and relics such as the … [Read more...] about Where to go and what to do in Hanoi for locals and tourists?

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Five expressways to use non-stop automatic toll collection by September

May 16, 2022 by en.vietnamplus.vn

Dau Giay toll station on Long Thanh - Dau Giay Expressway is invested in by Vietnam Expressway Corporation. (Photo courtesy of VEC) Hanoi (VNS/VNA) - The State-owned Vietnam Expressway Corporation (VEC) will implement automatic non-stop toll collection (ETC) on all five expressways under its management across the country by the third quarter this year. VEC has just reported to the Ministry of Transport on the ETC system for the expressways under its management. Accordingly, VEC had completed the investment, installation and operation of the ETC system on the Cau Gie - Ninh Binh Expressway from June 2020 for 15 lanes. The system is currently operating effectively, with the service rate accounting for 51 percent of the whole line's revenue. The remaining expressways include Noi Bai - Lao Cai, HCM City - Long Thanh - Dau Giay, Ben Luc - Long Thanh, Da Nang - Quang Ngai and some other sections of Cau Gie -Ninh Binh. VEC approved and issued bidding documents for … [Read more...] about Five expressways to use non-stop automatic toll collection by September

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Local aviation market sees strong recovery

May 16, 2022 by bizhub.vn

The local aviation market experienced a strong recovery in April. — VNA/VNS Photo The aviation market in Viet Nam is vibrant and recovering with the number of international visitors increasing five-fold, according to experts. According to the Civil Aviation Authority of Viet Nam (CAAV), in April, Viet Nam's airports handled 6.6 million passengers, down 14.3 per cent compared to the same time last year but the number of foreign visitors reached more than 230,000 in April, an impressive increase of 502 per cent over the same period last year when COVID-19 was developing in a complex fashion. CAAV said Vietnamese airlines transported 3.28 million passengers, including 80,000 foreigners. Compared to the same period last year, the number of international passengers choosing services of Vietnamese airlines rose 214.7 per cent, while the number of domestic passengers dropped 18.2 per cent. As for cargo transport, in April, 140,700 tonnes of cargo were transported through Viet … [Read more...] about Local aviation market sees strong recovery

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