Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy
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13th National Party Congress: impressions and belief
Hanoi (VNA) – Foreign diplomats in Vietnam have provided opinions on Vietnam’s achievements during its period of “Doi moi” (renewal), most notably its economic development, containment of the COVID-19 pandemic, and the forward momentum of the country. Lao Ambassador to Vietnam Sengphet Houngboungnuang said he was delighted to see Vietnam’s outstanding development in the 75-year building of socialism, especially the 35 years of renewal, the 30-year implementation of the platform on national construction during the transitional period to socialism, the five-year realisation of the 12th National Party Congress’s Resolution and the implementation of the 2016-2020 socio-economic development plan. Under the sound leadership of the Communist Party of Vietnam (CPV), the Vietnamese people have gained great, comprehensive, historic achievements, helping to promote the country’s role and prestige in the international arena, he said. Over the past … [Read more...] about 13th National Party Congress: impressions and belief
Traffic restriction to be imposed on dozens of Hanoi’s streets
Hanoi (VNA) - Trucks carrying heavy loads and passenger coaches will be prohibited from traveling through a number of roads in the capital city of Hanoi during the 13th National Party Congress which will be held from January 25 to February 2. In a bid to ease traffic flow for the important political event, lorries carrying 500kg and more and coaches with 24 passengers or above will be banned from certain streets. Trucks and coaches will not be allowed to travel from 6am to 9am on January 24 on the following streets: Pham Hung, Thang Long Boulevard, Do Duc Duc, Khuat Duy Tien, Tran Duy Hung, Nguyen Chi Thanh, Dao Tan, Kim Ma, Lieu Giai, Van Phuc, Nguyen Thai Hoc, Tran Phu, Hung Vuong, Chu Van An, Hoang Dieu, Doc Lap, Le Hong Phong, Hoang Van Thu, Nguyen Tri Phuong, Dien Bien Phu, Nguyen Quyen, Tran Binh Trong, Tran Hung Dao, Quan Su and Trang Thi. The traffic restrictions will also be in place from 6.30am to 8.30am, 10.30am to 2pm and from 4pm to 6.30pm from January 25 until the … [Read more...] about Traffic restriction to be imposed on dozens of Hanoi’s streets
Researchers warn of risks for Vietnam in 2021
The Central Economic Committee, when reviewing economic development in the last five years, said the economy continued growing rapidly, 6 percent per annum. The economy has a scale of $340 billion, which has increased by 1.4 times, ranking fourth in ASEAN. … [Read more...] about Researchers warn of risks for Vietnam in 2021
Diplomatic corps, int’l organisations informed about upcoming National Party Congress
The congress would see the attendance of 1,587 delegates representing nearly 5.2 million Party members nationwide, Chairman of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Hoàng Bình Quân said when briefing the diplomatic corps and representatives of international organisations about the preparations for the big event. … [Read more...] about Diplomatic corps, int’l organisations informed about upcoming National Party Congress