Vietnam is considered to be one of the few safest countries in the world, according to the Global Terrorism Index 2017 report of the Australian Institute for Economic & Peace. The 2017 report highlights how terrorism remains unevenly spread throughout the world. Central America and the Caribbean continues to be the least affected region. There were only 12 deaths recorded in 2016, which accounts for less than 0.4 per cent of all terrorism deaths. Meanwhile, 94 per cent of all terrorist deaths are located in the Middle-East and North Africa, sub-Saharan Africa and South Asia. Vietnam is one of the safest countries in the world. The 2017 GTI report highlights a turning point in the fight against radical Islamist extremism. The main positive finding shows a global decline in the number of deaths from terrorist attacks to 25,673 people, which is a 22 per cent improvement from the peak in 2014. Terrorism has fallen significantly in the epicenters of … [Read more...] about Vietnam: One of the safest countries in the world
Rethinking energy 2017 accelerating the global energy transformation
First Spring 2023 trading session of stock market opens
The Ho Chi Minh City Stock Exchange (HOSE) hosted a gong-beating ceremony on January 31, marking the first trading session of the Vietnamese stock market in Spring 2023. In her opening speech, Vu Thi Chan Phuong, chairwoman of the State Securities Commission (SSC), emphasised that 2022 marked a challenging year for the Vietnamese economy due to a range of internal and external factors. However, the national economy was able to record a series of impressive results, with GDP growth rate increasing by 8.02% and inflation kept in check, she said. Moving into 2023, she said the global economic and political landscape is anticipated to record plenty of complicated and unpredictable developments, and in such a context the securities sector will continue to fine-tune the legal framework and formulate policies in line with the actual development of the stock market. Phuong underlined the necessity of accelerating restructuring and swiftly putting the stock trading system … [Read more...] about First Spring 2023 trading session of stock market opens
Dabaco sets ambitious target despite recent setbacks
Dabaco is aiming for $1 billion in revenue and $24.24 million in after-tax profit for 2023. This is despite earning VND2.93 trillion ($124.82 million) last quarter, a decrease in revenue of 4.3 per cent on-year. Gross profit saw a decline of almost 60 per cent on-year to VND150 billion ($6.4 million) for the same period. It is the first quarter that the group has reported losses since 2017. Revenue for the whole of 2022 reached VND12.26 trillion ($522.3 million), up 13.5 per cent on-year, however, after-tax profit fell by 82 per cent to VND150 billion ($6.4 million). These results equal 54 per cent of initial revenue targets and 16 per cent of initial profit targets. The revenue target for 2023 is considered ambitious for the group due to the ongoing crises in the domestic and global economies, leading to increases in material, production, and logistical costs, and their impact on animal feed production In addition, complications from diseases, especially African swine fever … [Read more...] about Dabaco sets ambitious target despite recent setbacks