Long term best performing stocks

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge

A doctor checks the PET/CT scanner before operating it at Cho Ray Hospital. (Photo: SGGP) Exhaustedly searching places to get PET/CT scans In the past three days, Nguyen Dinh Hung, living in Binh Chanh District in HCMC, had to visit many hospitals around the city to find a place to take PET/CT scans for his mother, a patient suspected of having stomach cancer. At first, Hung went to HCMC Oncology Hospital, but the hospital said that it no longer had any radiopharmaceuticals to operate its scanner. Hung took his mother to Military Hospital 175 and then People's Hospital 115, but these two places also turned him down because their machines stopped working. Being told by his friends that only Cho Ray Hospital had a working scanner, he registered a PET/CT scan for his mother there. However, due to the overwhelming number of patients, it takes more than a month before his mother’s turn comes. "For cancer patients, a long waiting time may cause the disease to advance to a severe … [Read more...] about Shortage of radioactive materials needs to be resolved urgently

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realize commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the U.K., the European Union (E.U.) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realize the commitments, … [Read more...] about Deputy PM busy with meetings on threshold of WEF meeting