Low income super contribution

Workers at a data centre of ICT group CMC Corporation (CMG) in Ha Noi. CMG rose 6.9 per cent last week. — Photo CMG Shares are forecast to return to the downtrend this week as market sentiment stays weak amid low liquidity and a lack of stability for long-term recovery. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased by 0.11 per cent, to end at 1,198.90 points. An average of 544 million shares were traded on the southern exchange during each session last week, worth VND12.3 trillion (US$527.6 million). In the second quarter of 2022, the average trading value of shares reached more than VND17.1 trillion each session on HoSE with the average trading volume reaching more than 589.15 million shares, corresponding to a decrease of 20.02 per cent in value and 18.33 per cent in volume over the same period in 2021. “Cash flow, in general, is still cautious, and the weakening signal at the resistance zone of 1,200 – 1,220 points is still putting great pressure on … [Read more...] about Shares to return to downtrend amid low liquidity

Illustrative image (Photo: VNA) Dak Lak (VNA) - Vietnam aims to replant or transplant about 107,000ha of coffee in the 2021 – 2025 period, according to the Ministry of Agriculture and Rural Development (MARD). According to a project approved recently by the ministry, the productivity is expected to rise to 3.5 tonnes of coffee bean per ha, with an income 1.5-2 times higher than before, the ministry said. The combined area in the five Central Highland provinces is projected at around 91,000ha, with Lam Dong making the largest share (36,000ha), followed by Dak Lak (24,000ha), Dak Nong (18,000ha), Gia Lai (11,000ha) and Kon Tum (5,000ha). Other localities like Son La, Dien Bien, Quang Tri, Binh Phuoc, Dong Nai and Ba Ria-Vung Tau will together contribute 16,000ha. The ministry attention will be paid to stepping up scientific and technological application, as well as technological transfer , while building standardised irrigation systems. Harvesting coffee (Photo: VNA) … [Read more...] about Vietnam to replant 107,000ha of coffee by 2025

Prime Minister Pham Minh Chinh speaks at the meeting in Hanoi on July 3. (Photo: VNA) Hanoi (VNA) – The Central Emulation and Commendation Council held the third session in the 2021 - 2026 tenure under the chair of Prime Minister Pham Minh Chinh in Hanoi on July 3. The PM, who is also Chairman of the council, requested that emulation and commendation must be carried out in a precise, objective, transparent, democratic and open manner so as to creative motivation for deserving individuals and collectives and help prevent wrongdoings in evaluation and commendation activities. At the meeting, officials discussed proposing competent agencies bestow the “Hero of the People’s Armed Forces” title upon some collectives and individuals of the Ministry of National Defence and the Ministry of Public Security. PM Chinh said the granting of this title aim to not only honour contributions by and create momentum for recipients but also help inspire others in the armed forces and the … [Read more...] about Central emulation, commendation council holds third meeting

Kim Duyen (the first from the left) and candidates for Miss Supranational 2022 At the night of July 2 (Warsaw time), runner-up Kim Duyen along with 69 candidates for Miss Supranational 2022 entered the competition round of Supra Model. Miss Supranational will not only aim at finding a winner having the ability to send the message of solidarity among countries, bringing contributions in both voices and actions to positively change the world, it is also a beautiful play ground with great performances on stage. Kim Duyen wears customs of designers Do Long. The first runner-up of Miss Universe Vietnam 2019 Kim Duyen wore customs of designers Do Long and Chung Thanh Phong for the minor competition. At the end of the competition, Vietnamese representative Nguyen Huynh Kim Duyen was excellently in the Top 11 Supra Model and was officially awarded the title of Supra Model Asia. Runner-up Kim Duyen wins Supra Model of Asia at Miss Supranational 2022. Runner-up Kim Duyen … [Read more...] about Runner-up Kim Duyen wins Supra Model Asia at Miss Supranational 2022

National Assembly Chairman Vuong Dinh Hue (centre) speaks at the Vietnam - UK high-level forum on economy and trade in London on June 29. (Photo: VNA) Rome (VNA) – Some media agencies in Italy higlighted Vietnam’s economic links with Europe and achievements in ensuring human rights when covering a recent tour of some European countries by National Assembly Chairman Vuong Dinh Hue . In an article about Vietnam’s trade and investment links with Italy and Europe, the La Città Futura newspaper said Vietnam is effectively implementing the commitments in the free trade agreements with the EU ( EVFTA ) and the UK (UKVFTA). So far, key farm produce of Vietnam like peppercorn, cashew nut, vegetables, fruit, tea, and rubber have benefited from preferential tariffs in the EU, which is one of the five largest markets of Vietnam’s fishery products. La Città Futura noted Vietnam is a leading partner of Italy in Southeast Asia and also a helpful bridge linking the EU, including … [Read more...] about Italian media spotlight Vietnam’s economic ties with Europe, human rights achievements

In his remarks, Ambassador Le Viet Duyen said the course will contribute to advancing the traditional friendship between people of the two countries to a new height. Similar classes will be held in the time ahead, both online and offline, to help Venezuelans understand more about the culture, land and people of Vietnam, and enhance the friendship and people-to-people exchanges, he noted. President of the Venezuela-Vietnam Friendship Association Carolus Wimmer expressed his hope that apart from such courses, the embassy will open classes on Vietnamese culture and cuisine to help bring the beautiful country of Vietnam closer to Venezuelans. Jointly held by the embassy and the association, the three-month course brought together more than 30 trainees from Venezuelan ministries, agencies, universities and press agencies. Source: VNA … [Read more...] about First Vietnamese language course for Venezuelans concludes

General Nguyen Chi Thanh Museum is built on an area of 650sq.m at 144, Dang Thai Than Street, Thuan Hoa ward, Hue City. The museum displays around 400 documents, artifacts and photos briefing the life and revolutionary career of General Nguyen Chi Thanh and his contribution to Thua Thien Hue’s revolution in particular and to the resistance war for national independence and freedom and socialism building in the North in general. The displayed documents, artifacts and photos are divided into themes, namely hometown, families, revolutionary career, General Nguyen Chi Thanh’s important milestones, and gratitude of his families, hometown and nation to the late General. Of the displays, there are photos, documents and artifacts made public for the first time. They include General Nguyen Chie Thanh’s writings about military building, fighting against individualism, and agriculture. On the occasion, the General Department of Political Affairs presented a set of books about General Nguyen … [Read more...] about General Nguyen Chi Thanh Museum opens up to visitors

The event was held by the Vietnam Women’s Union (VWU) to celebrate the two countries’ Solidarity and Friendship Year 2022. On behalf of the President of Vietnam, the VWU presented the third-class Independence Order to three individuals, the third-class Labor Order to one collective, the Friendship Order to 15 collectives and three individuals, and the Friendship Medal to two individuals of the LWU in recognition of their major contribution to the traditional friendship, special solidarity, and comprehensive cooperation between the two parties and states. On this occasion, the two unions signed a cooperation agreement for 2022 - 2027, showing their wish and determination to promote relations via more practical and effective activities in the next five years. So far, the VWU chapters in 15 Vietnamese localities have had cooperation deals and activities with 13 localities and partners of Laos. Their joint activities include sharing experience in women affairs, developing livelihoods … [Read more...] about Collectives, individuals of Lao Women’s Union honored with Vietnam’s orders, medals

Vietnam’s seafood exports were estimated at nearly US$5.8 billion in the first half of 2022, up 40 percent compared to the same period last year, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported. Although the growth has shown signs of slowing down, seafood exports in June still brought in over $1 billion, similar to May and up 23 percent year on year. In the second quarter of 2022, the industry's sales exceeded $3.2 billion, a nearly 36 percent increase compared to the $2.4 billion recorded in the same period of 2021. Shrimp exports in the first six months topped $2.3 billion, up 33 percent year on year and accounting for 40 percent of the country’s seafood shipments. Inflation and lack of raw materials are posing challenges for local shrimp businesses, thus many firms have decided to increase the proportion of value-added shrimp and sell them to demanding markets such as Japan, the U.S., and the EU. With regard to pangasius, the country's exports … [Read more...] about Vietnam’s seafood exports near $5.8bn in January-June

With the recent inauguration of many pedestrian streets, themed spaces, and night tours, authorities in Hanoi hope to give the city’s night economy a major boost. Every evening at about 7:00 pm, Hanoi’s Old Quarter begins to bustle with tourists rushing between shops, food stalls, and entertainment venues. The Old Quarter’s evening rush holds such a footing in Hanoian culture that nicknames have even been given to certain areas. The intersection of Ta Hien and Luong Ngoc Quyen Streets, for example, is affectionately called 'International Intersection' while Ta Hien Street is known as 'Beer Street,' Gam Cau Street is known as 'BBQ Street,' To Lich street is called 'Mixed Fruit Street,' and Tong Duy Tan Street is dubbed 'Food Street.' Weekends in the Old Quarter are especially busy, with groups of tourists and locals gathering in the area for entertainment and food, art performance venues, and karaoke parlors. The pedestrian street around Hoan Kiem Lake has also been a major … [Read more...] about Hanoi seeks to develop night economy