No new COVID-19 infections logged on March 9 morning Vietnam reported no new COVID-19 cases in the past 12 hours to 6:00 am on March 9, according to the National Steering Committee for COVID-19 Prevention and Control. The country recorded 1,586 domestically-transmitted infections, including 893 cases since the latest outbreak began on January 27. As many as 45,219 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 506 in hospitals, 14,266 in other quarantine sites, and 30,446 at home. Among the patients under treatment, 65 have tested negative for SARS-CoV-2 once, 57 twice, and 137 thrice. The Treatment Sub-committee said that 1,920 patients have been declared to be clear of the coronavirus so far. Vietnam launched its COVID-19 vaccination programme on March 8, with healthcare workers being first in the queue. They received AstraZeneca vaccine shots, which was granted the Emergency Use Listing by the World Health Organisation for active immunisation to prevent COVID-19 in individuals aged from 18. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering) and khai bao y te (health declaration)./. Dozens of illegal immigrants found in border provinces Police in the Mekong Delta province of An Giang have detected tens of Chinese citizens illegally entering Vietnam. The provincial steering committee for COVID-19 prevention and control said on March 8 that 34 illegal Chinese immigrants had been sent to concentrated quarantine facilities and tested for COVID-19. Further investigation and contact tracing are underway. Local authorities and residents were asked to stay vigilant and follow pandemic preventive measures. Earlier on March 4 and 7, police in Chau Doc city found automobiles carrying seven and 13 Chinese …
News about upcoming election
VIETNAM BUSINESS NEWS MARCH 8
Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into the market pushed liquidity to a record high level. However, the new proposal may not only prevent new investors from entering the market but also discourage existing investors. “The plan to raise the minimum trading lot to 1,000 shares could quickly reduce the number of orders delivered daily on HOSE. However, it will cause frustration among small investors who are directly affected by the plan as they think they are not protected,” said Do Bao Ngoc, Deputy General Director of Kien Thiet Securities Vietnam (CSI). “This plan, if in place, will affect the rapid development of the stock market under the current favourable conditions, one of which is great interest from global investors,” he said. “Under the new plan, the most affected are the investors whose trading accounts have VND1 billion or less,” said Nguyen Hoang Hai, Vice Chairman of Viet Nam Association of Financial Investors (VAFI) According to VAFI statistics, investors whose trading accounts have VND500 million or less …
Dual task of Vietnamese sport
>>> V.League 1-2021 to restart in mid-March >>> Vietnamese athletics eye reign defence at SEA Games 31 >>> Two Vietnamese match officials shortlisted to officiate at 2023 FIFA Women’s World Cup Explaining the reason for proffering the honour, football’s world governing body said Vietnam successfully organised the national women’s tournaments in 2020 thanks to its effective control of the COVID-19 pandemic, enabling referees and assistant referees to maintain their professional activities and form as well as to improve their capabilities. Those objective assessments have contributed to affirming the prestige of Vietnamese sports as a whole in terms of not only women’s football but also other events, in the context that the country is well implementing pandemic prevention and control measures to bring society back to normality. Last year, Vietnam’s sport sector successfully organised 148 national competitions, especially the V.League 1-2020 national football championship with stadiums full of spectators, producing great surprise and winning admiration from international friends. In addition, Vietnam sent many teams to compete in 18 international tournaments, earning a haul of medals and five official berths at the Tokyo Olympic Games 2020. Vietnam maintained a stable training programme for national teams in all sports at the national sport training centre, while opening 16 referee and coach training classes, thus enabling referees, trainers, and athletes to continue improving and honing their professional skills. The aforementioned achievements are prideworthy as many international competitions and also national tournaments in other countries, even developed ones, were either cancelled or suspended for a long time, even for the whole year, significantly affecting the training, competition and professional qualifications of coaches and athletes. International friends have recognised and highly appreciated Vietnam’s COVID-19 …