Probinsyano november 29

Gold ring price inched down 0.09% to VND55.5 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global gold prices inched higher on Thursday as investors weighed the chances of the U.S. Federal Reserve slowing its pace of interest rate hikes, while a firmer dollar capped bullion’s gains, Reuters reported. Spot gold was up 0.1% at $1,906.01 per ounce. Few Fed officials signalled on Wednesday that they would push on with more interest rate hikes, while Philadelphia Fed President Patrick Harker and Dallas Fed President Lorie Logan said they supported a slower pace of tightening. Traders are mostly pricing in a 25-basis point rate hike at the Fed’s Jan. 31-Feb. 1 meeting. Last year, the U.S. central bank slowed its pace of hikes to 50 bps in December after four straight 75-bp increases. Markets still see a 25-bp hike in February and rate cuts from September, and gold is enjoying the perceived less hawkish Fed, said Matt Simpson, a senior market analyst at City Index. … [Read more...] about Gold prices hit highest since November 2022

MUSIC & PERFORMANCES Hanoi-Spring Calligraphy Festival Until Jan 24, Featuring 50 calligraphy masters from around the country. 50 Hán Nôm (Chinese and Chinese-transcribed Vietnamese) and Vietnamese calligraphers are presenting beautiful calligraphy with good wishes to the public. Until Jan 26, E-books, audiobooks, and smart book libraries are available. There will be 60 art performances and exchanges to entertain visitors. ________________________________________________________________________________ EXHIBITION Hanoi-Exhibition “Draw the Cats” Until Jan 29, The Special National Landmark Van Mieu – Quoc Tu Giam, 58 Quoc Tu Giam Street, Dong Da District Until Feb 28, VICAS Art Studio, 32 Hao Nam Street, Dong Da District From the organizer: A special event to celebrate the Year of the Cat 2023 is right around the corner. Immerse in the joyful atmosphere of the New Year with … [Read more...] about What’s on January 23-29/2023

Binh Son refinery has produced about seven million tonnes of assorted products, photo Le Toan The government last week reported that in 2022, the total state budget recorded a surplus of $9.67 billion, which is in stark contrast to a figure of about $18.14-18.23 billion predicted just a few months ago. In 2022, total budget expenditure is estimated to be over $67.93 billion – equivalent to 87.5 per cent of the year’s estimates and up 8.1 per cent on-year. The budget spending has ensured demands for socioeconomic development, national defence and security, state management, payment of debts, and restoration of production activities in areas affected by natural disasters and the pandemic, the government said. Meanwhile, the state budget revenue is estimated to have hit $77.6 billion, equal to 126.4 per cent of the year’s estimates and up 13.8 per cent on-year. All kinds of revenues have registered an on-year climb, reflecting recovery in almost all sectors in the economy. … [Read more...] about Performance on the up as illustrated by budget figures

An offshore earthquake with a magnitude of 7.0 hit near eastern Indonesia's Maluku islands on Wednesday, forcing panicked residents to run into the streets and briefly triggering a tsunami warning. Map of Indonesia, locating a 7.2-magnitude earthquake in Molucca Sea, north-east of Manado, North Sulawesi. / AFP / STAFF There were no immediate reports of casualties but light damage was reported on at least one island. The epicentre of the tremor was located 150 kilometres (93 miles) northwest of the eastern Indonesian island of Halmahera, at a depth of 48 kilometres, the US Geological Survey (USGS) reported. The undersea quake occurred around 13:06 pm local time (0606 GMT) off the coast of Sulawesi island, shaking nearby islands and sending some residents into the streets. "The quake was felt around 15-20 seconds. The shakings were quite long," an AFP journalist on Morotai island in the Maluku archipelago said. "Some people went outside because they were … [Read more...] about 7.0-magnitude quake hits eastern Indonesia, tsunami warning lifted

Vaibhav Saxena - Lawyer, Vilaf Vietnam’s export turnover is still mostly contributed by foreign-invested enterprises (FIEs), making up almost three-quarters of the country’s total. Therefore, favourable policies can promote the growth momentum in 2023 and beyond amid stiffening competition. The government’s Decision No.1445/QD-TTg dated November last year lays down an action plan to implement the Commodity Import-Export Strategy (CEIS) to 2030. The CEIS provides for three main objectives. Firstly, it embarks on sustainable import and export on the basis of harmonious cooperation among the commodity, market formation and trade balance with particularly complex market and market area. Secondly, it expands commodity import and export in alliance with its investment in technical development, tech infrastructure, digital transformation, and development of green, clean, and sustainable production, along with improving the quality of human resources. Among some others, specific … [Read more...] about Trade and investment scenarios for Vietnam

Participants at the dialogue (Photo: VNA) Hanoi (VNA) - The 16th Vietnam-US labour dialogue took place in Hanoi on November 16, gathering representatives from the Vietnamese Ministry of Labour, Invalids and Social Affairs (MoLISA), the US Department of Labour, and the US Embassy in Vietnam. This marked the resumption of the annual labour dialogue between the two countries after being suspended since 2017. Addressing the event, MoLISA Deputy Minister Le Van Thanh said the dialogue’s resumption after years of hiatus has helped the two sides share information about labour as well as labour cooperation and propose solutions to promoting labour-employment and social security cooperation . Appreciating the technical and financial support with the US Department of Labour, Thanh said these activities have contributed to helping Vietnam to better its system of labour and social policies. It has also helped improve the effectiveness of their implementation, as well as … [Read more...] about Vietnam, US look to expand labour cooperation

The deal, to be completed in between February 1 and March 2, is likely to fetch her VND32 billion ($1.36 million) based on the NVL share’s current market price. The deal is set to reducer her stake in the company from 0.325% to 0.208%. Chau is also the CEO of Novagroup, the biggest shareholder in Novaland with a 29.4% stake. At Novaland she has held key positions such as head of accounting and deputy CEO before becoming a member of the board in 2016. NVL has been trading at VND13,500-15,500 for the last four weeks. In November stock brokerages forced NovaGroup chairman Bui Thanh Nhon's wife to sell 29 million shares, reducing her stake by a third. The share price did not rise even once over 24 sessions around that period. … [Read more...] about Board member to sell nearly 2.3M Novaland shares

Hoa Binh 5 Wind Farm in Bac Lieu Province. Project developers said the ceiling prices are insufficient for their farms to break even. — VNA/VNS Photo Many project developers are expressing concern that the ceiling prices for solar and wind energy set recently by the Ministry of Industry and Trade are not high enough to offset their costs. The representative of four wind farms in Gia Lai Province Tran Minh Tien remarked that the construction of the wind farms was completed a year ago but they have been idle due to the absence of official purchasing prices. "We have spent US$300 million to build our wind farms that have been lying dormant for one year. Meanwhile, interest payments and depreciated costs pile up day by day," said Tien. The introduction of the ceiling prices did not make the representative any happier because it is never easy to negotiate an agreement with Vietnam Electricity (EVN), under which the power corporation purchases electricity from the wind farms at … [Read more...] about Newly-announced ceiling prices insufficient to cover costs: project developers

Aries (March 21-April 20) The first half of 2023 is all about reinventing yourself, as you kick off a new 12-year chapter of your life. Out with the old: Refresh everything from your image and style to what you do for a living. Money is a big focus in the second half of the year. You could get a nice pay bump, but be careful not to spend it all in one place. Stay open to unexpected work opportunities, possibly a job with travel or relocation. You will be lucky with: Independent pursuits, money and work Taurus (April 21- May 20) Your zodiac sign is famous for consistency, but the only constant in your 2023 is change. Repeat after us, Taurus: Change is good. And it’s lucky—especially in the second half of this year, when a fresh 12-year chapter of your life begins anew. In the first few months of 2023, push yourself to release people and situations that are no longer a fit. Sweet success. You will be lucky with: Embracing a total life makeover, taking calculated risks. … [Read more...] about 2023 horoscope predictions for all 12 Zodiac signs

A man in Lắk District, the Tây Nguyên (Central Highlands) province of Đắk Lắk will hand over his family-owned elephant to the provincial Centre for Elephant Conservation, Animal Rescue and Forest Protection Management, following the Animals Asia Foundation (AAF)-supported programme. Yok Đôn National Park is the new habitat for the elephant. — Photo truyenhinhdulich.vn Director of the centre Trần Xuân Phước said that the elephant, named Y Khun, will be taken to Yok Đôn National Park after Tết ( Lunar New Year). The 40-year-old male elephant was raised by Đặng Vân Long's family and used to give rides to tourists. During the pandemic, the elephant lived in a forest but struggled to find food so Long decided to hand him over to the centre. The elephant’s owner will be paid VNĐ700 million (US$29,660) for the animal. This is the eighth domestic elephant collected by the centre, part of the cooperation programme between Đắk Lắk Province authorities and the … [Read more...] about Domestic elephant to be taken to Yôk Đôn National Park