Local 10 news

A file photo features a farmer working on a poultry farm – PHOTO: NGUOI LAO DONG ONLINE HCMC – The Ministry of Agriculture and Rural Development on September 8 issued an urgent dispatch asking chairpersons of localities nationwide to take drastic measures to control and prevent bird flu from spreading on a large scale. … [Read more...] about Ministry urges localities to take urgent measures against bird flu

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

The representative of the MOIT’s Import-Export Department said Viet Nam has advantages in production and export of agricultural, forestry and aquatic products, while the EU has a large demand for these items that have accounted for 8.4 per cent of total annual import value. This shows great potential in export growth from Viet Nam to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Loi Song Moi Company’s vegetarian products, including the Minh Chay vegetarian paste, that led to 15 botulism cases in Vietnam – PHOTO: VNA HCMC - On September 8, the World Health Organization (WHO) sent 10 doses of the botulism antitoxin to Vietnam from its warehouse in Switzerland to help the country treat patients poisoned by Loi Song Moi Company’s Minh Chay vegetarian paste contaminated with the botulinum toxin. … [Read more...] about WHO donates 10 botulism antitoxin vaccine doses to Vietnam

Hanoi (VNS/VNA) - The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million. The issuance helped boost the value of certificates listed on the Ho Chi Minh Stock Exchange to 1.483 trillion VND (63.9 million USD) from 1.48 trillion VND. As of September 6, the net asset value (NAV) of the fund was 1.9 trillion VND, equal to 12,884.58 VND (0.56 USD) per certificate. The fund debuted on HoSE on May 12 at 11,693.36 VND per certificate with charter capital of 102 billion VND. The fund has recently become a target for foreign investors, especially Taiwan-based investment fund CTBC Vietnam Equity Fund. The Taiwanese fund will buy 21 million certificates of VFMVN Diamond between September 7 and October 6. The Taiwanese fund in late August reported it had raised 160 million USD to invest in the Vietnamese equity market, targeting high-potential listed companies … [Read more...] about Local ETFs draw foreign attention