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/ March 3, 2021

Coach Park worries about weather condition at World Cup qualifiers

Due to the Covid-19 pandemic, group G teams competing in World Cup Asian qualifiers will play their final matches at a centralized venue. United Arab Emirates (UAE) and Thailand are both candidates to host the remaining matches, with a high chance Asian Football Confederation would choose the former, which can fulfill all requirements pertaining to stadiums, training locations, accommodation as well as Covid-19 prevention measures. At a meeting with assistant coaches on Wednesday, Park said: "We must prepare right away. First we must analyze our opponents Indonesia, Malaysia and UAE. Second, we mush research weather conditions in UAE. I will ask Vietnam Football Federation (VFF) to select a training location with similar weather as UAE." In summer, the weather in UAE is known to be very hot and humid. Playing football under such conditions could drain player stamina at a fast rate. The national team is expected to gather for training in May. They will play Indonesia on June 7, before clashing with Malaysia on the 11th and UAE on the 15th. Vietnam is topping group G with 11 points in five unbeaten games. The Golden Dragons need at least seven points in their last three games to secure a place in the next qualification round. …

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/ March 3, 2021

Coach Park Hang Seo: Vietnam needs 6 points to move forward

Coach Park Hang Seo has set a goal for the Vietnam national football squad: to win at least six points in the remaining three matches of Group G, the second qualifying round of the 2022 World Cup in Asia. "The goal is so that we can get a card to the final round of the 2022 World Cup in Asia," said the head coach. Currently, after five matches, the Vietnamese team has 11 points, ranking first in Group G. It is likely that the Korean coach and his players are aiming to defeat Indonesia and Malaysia. Of these two rivals, if Indonesia has been eliminated, Malaysia will no longer have the home advantage because the remaining matches of Group G will be held in one place, perhaps in the United Arab Emirates or Thailand. According to the schedule announced earlier by the Asian Football Confederation (AFC), the Vietnamese team will face Indonesia on June 7, Malaysia on June 11 and the United Arab Emirates on June 15. "In 2021, the Vietnamese football team will play in some important tournaments and they are great challenges. Our success is in the past, but now the team must look to the future,” the coach said. “This is a busy year, so we will have to allocate strength in major tournaments such as the World Cup qualifiers, the Asian U23 qualifiers, the SEA Games and AFF Cup," he added. The Korean coach admitted that he and his team would do their best to fulfill the goals. Regarding the 2022 World Cup qualifiers in Asia, if the United Arab Emirates is chosen as the host, Vietnam and three other Southeast Asian teams in the group will have to play in extreme weather conditions. Their matches will take place in June, the peak of the summer heatwave in the Middle East. In 2020, there were days when the temperature there reached 43 degrees Celsius. In another development, the Vietnamese team will not have to be isolated when they arrive at the place where the remaining three matches of the second qualifying round of the 2022 World Cup will …

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/ March 11, 2020

Vietnam stock market watchdog to provide support for businesses

The Hanoitimes - The head of Vietnam's stock market watchdog urged players to trust the internal strengths of the economy and the resilience of Vietnam’s stock market. The State Securities Commission of Vietnam (SSC), the country’s stock market watchdog, is considering a number of solutions to help investors and securities firms overcome negative impacts of the Covid-19 epidemic and global turmoil, according to the SSC’s Chairman Tran Van Dung. Chairman of the SSC Tran Van Dung. Among them are lowering fees for some brokerage services and easing regulations on margin trading, Dung told Vietnam Financial Times. At the close on March 9, the benchmark Vn-Index plunged 6.28% to 835.49, the biggest tumble since May 2014 when the standoff between Vietnam and China occurred after China moved an oil rig into Vietnam’s waters. Dung, however, noted the liquidity of the Hochiminh and Hanoi stock exchanges remained abudant with nearly VND6.5 trillion (US$278.69 million) traded, indicating investors were buying in battered stocks. Besides, foreign investors remained net sellers but at a moderate amount of VND230 billion (US$9.85 million) on March 9, Dung added. Dung said the freefall of the stock market was a common situation globally, especially as “all bad news came at one time” that directly impact investor sentiment, including the sharpest decline of oil price since 1991, prompting Goldman Sachs to predict Brent oil could drop to US$20 per barrel this year. On early March 9, the Japanese government issued lower-than-expected economic data for 2019, heightening fears the global economy may come to a recession under the growing impacts of the Covid-19 epidemic. The Federal Reserves (FED) on March 3 cut interest rates by 0.5% in an emergency move, prompting 65% of traders to expect the FED to continue lowering interest rates by 0.75% in the upcoming meeting on March 17. If it happens, the cut in the federal funds rate would take the …

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