New bond issuance process

About 2.47 quadrillion VND was raised for the State budget in the primary G-bond market over the last 12 years. (Photo: VNA) Hanoi (VNA) – The Government bond market of Vietnam officially became operational at the Hanoi Stock Exchange (HNX) on September 24, 2009. Since then, about 2.47 quadrillion VND (108.5 billion USD) has been raised for the State budget from the primary market to support socio-economic development in the country. More than 206 trillion VND worth of G-bonds has been raised for the State budget annually, accounting for almost 10 percent of total investment in society in 2020 and 28.3 percent of that by the State sector last year. Bond issuance volume up, interest rates down The HNX said that in order to mobilise the above mentioned sum of money, it has organised more than 2,600 auctions, with 60 - 70 percent of the bonds offered successfully sold on average. Notably, interest rates in the G-bond market have declined considerably over the past 12 … [Read more...] about Over 108.5 billion USD raised from primary G-bond market in 12 years

Antibody therapies are offering promising treatment breakthroughs for cancer and other illnesses, generating greater investor interest more than 20 years after they were first commercialised. Antibodies are proteins that recognise foreign substances, known as antigens, attaching themselves to them to alert the rest of the human immune system. In 1975, scientists Georges Koehler and Cesar Milstein discovered how to produce them in a laboratory, which later earned them a Nobel Prize for medicine. Dozens of synthetic antibodies have since been developed. New antibody treatments to be used with chemotherapy have arrived on the scene in recent years. Most recently, a clinical trial of an antibody developed by pharmaceutical groups Daiichi Sankyo and AstraZeneca caught the attention of leading cancer specialists gathered at the American Society of Clinical Oncology's annual congress in Chicago this month. The treatment, Enhertu, was already authorised for breast cancer patients … [Read more...] about New antibody therapies fight cancer, drum up investment

Le Trung Kien, director of the HEZA, awarded an investment certificate to Tien Thanh IZ’s infrastructure development project in Tien Lang district According to Pham Huu Quang Huy, director of the Investment Management Department at the HEZA, in the first half of this year, the city’s industrial and economic zones (IZs and EZs) allured 21 new foreign-invested projects, and 18 existing foreign-invested projects asked for supplemental capital. New foreign direct investment (FDI) volume reached $755.7 million, equal to 56.2 per cent on-year. Up to now, the city’s IZs and EZs attracted 438 foreign-invested projects valued at $22.07 billion in total capital and 195 local ones worth $12.57 billion. Tien Thanh Industrial Zone At the conference, Le Trung Kien, director of the HEZA, awarded an investment registration certificate to Tien Thanh IZ’s infrastructure development based in Tien Lang district. He also granted new investment certificates to three new projects … [Read more...] about Haiphong hails a string of new projects

The old Mien Dong (Eastern) Coach Station is more crowded than the new coach station. Currently, the coach station is serving routes from Quang Tri Province to the Northern localities with a distance of over 1,000 kilometers facing high competition with airplanes. According to the Municipal Department of Transport, the connectivity infrastructure is the core motivation to serve passengers at the station. Currently, some projects are implemented and expected to soon be completed in one to two years surrounding the new Eastern Coach Station. Specifically, the Metro Line No.1 is expected to be completed by end of 2023; the investors are pushing up the implementation of the Ha Noi Highway expansion project, Eastern Bus Station overpass, streets of Hoang Huu Nam, A8 being facing difficulties due to site clearance process. Additionally, four bus lines are traveling through Eastern Bus Station comprising 150, 601, 602 and 604. To create more convenience and attract passengers, the … [Read more...] about New Mien Dong (Eastern) Coach Station remains deserted

The government has already made strong efforts to boost the domestic business environment, Le Toan With the National Assembly (NA) urging the government to quicken the implementation of the country’s Programme on Socioeconomic Recovery and Development (PSRD) backed by a monetary and fiscal policy worth $15 billion in a bid to provide more assistance to struggling enterprises and people, Deputy Prime Minister Pham Binh Minh has reported to the NA that the government will do its best to continue carrying out this great mission. “So far, the government has promulgated six decrees to implement many initiatives on the exemption, reduction, and extension of tax payment, land rental, and lending rate assistance,” Minh said. “The prime minister has also enacted decisions on providing support in the form of housing rental for labourers, providing concessional loans for pupils and students, and privately-owned nursery schools and primary schools.” The government has also announced an … [Read more...] about New principles deployed for policy funding

Leaders of a raft of top companies and organisations have talked about raising more awareness on reducing plastic use, Chi Cuong In order to do that, we try to control the plastic stream starting from the extracting process and manufacturing to consumption. This is an entire process that we need to care for, on how to reduce the number of plastic bags in the environment, and to achieve that we consider designing one of the most important things. Our colleagues have a say about what they have done throughout the production process and throughout retailing, and also about consumption. We can reduce the use of single-use plastic bags, we can reduce plastic packaging, and we can remove plastic straws from each product. The main thing that we will do is work together to reduce plastic and even apply new ways in terms of biodegradable plastic. We should also be careful as microplastics may become more of a problem. Next year, the prime minister will issue a national plan for the … [Read more...] about Applying popular new methods to combat single-use plastic habit

Representatives of Ericsson, Business Sweden, TH Group, and the VBF discussed 5G-led factories, Photo: Chi Cuong At last week’s talk show on Digital Transformation with 5G –The Path to Smart Factories in Vietnam, hosted by VIR, industry leaders agreed that companies in different industries have to adapt to new technologies to compete and survive. Denis Brunetti, president of Ericsson in Vietnam and Myanmar, said, “A wireless environment will make processes smarter, more flexible, and less static, which is increasingly critical in today’s factories.” Brunetti explained that 5G-enabled facilities will benefit from sensors monitoring production processes and collecting data to feed back to machines and managers. “This will greatly enhance the speed of operations, improve maintenance capabilities – through accelerated awareness or even notification before failures occur – and increase safety,” he said. Seck Yee Chung, steering committee member of the Vietnam Business Forum’s … [Read more...] about Conducting smarter factory processes

'Hip Hop in the Land of Ellsaby' (left) and 'Mr. Candy' (right) are two new adventure books for children. — Photo courtesy of baotintuc.vn HCM CITY — HCM City General Publishing House has released two adventure books that encourage children to explore and fantasise. Ngài Kẹo (Mr Candy), the debut novel of 15-year-old author Quỳnh Trần, is the story of a young girl's perilous and hesitant voyage. It begins with the opening of the largest candy store in town, named "Candy shop - Best N Town" by Mr Candy, who sells candies for five cents each. Children begin disappearing a week after Mr Candy moves in, and strange occurrences ensue. First Lucy, Frank, and Besty, then Michael, Jessica, Roy, and Homer, disappear without warning or a police officer being dispatched. As suspicions increase, the main character, Wendy, begins to investigate Mr Candy's shop for anomalies. Quỳnh revealed that she authored the novel during social distancing last year. The 15-year-old author also … [Read more...] about New adventure books encourage kids to explore

Hungary was the first European Union state to approve the EU-Vietnam Investment Protection Agreement (EVIPA). Vietnam and Hungary are expected to sign an agreement on cooperation between the two parliaments in replacement of the one inked in 2008. Chairman of Vietnam’s National Assembly Vuong Dinh Hue and István Jakab, Deputy Speaker of the National Assembly of Hungary, in Budapest on June 26 (local time). Photos: VNA The agreement would be signed during the visit to Budapest by Chairman of Vietnam’s National Assembly Vuong Dinh Hue on June 26-28 at the invitation of Speaker of Hungary’s National Assembly László Kövér. The parliamentary cooperation is evidence of the Comprehensive Partnership agreed in 2018 during the visit paid by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong to the European country. The cooperation agreement is believed to cover three main fields namely the exchange of visits of high-profile officials and … [Read more...] about Vietnam, Hungary to sign new parliamentary cooperation agreement

At the event, participants concluded the implementation of Rethinking Plastics’ four pilot projects in sustainable consumption and production of plastics, plastic waste management on land and sea, as well as awareness-raising activities. The event also aimed at enhancing the policy dialogue between the EU and Vietnam on plastic pollution, the transition to a circular economy, and publicly closed the activities of the Rethinking Plastics project in the country. In Vietnam, the project – financed by the EU and the German Federal Ministry for Economic Cooperation and Development – cooperated closely with MoNRE and other ministries and partners since 2019 to develop regulatory frameworks and concrete actions to avoid, reduce, and better recycle plastics. The Closing Event of the Rethinking Plastics saw the participation of high-ranking officials from the EU and Vietnam, as well as stakeholders that cooperated towards the success of the project Giorgio Aliberti, EU … [Read more...] about Closing event of Rethinking Plastics heralds new age of combatting plastic pollution