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Gas tanks produced at PV Gas South under PetroVietnam Gas JSC (GAS). GAS lost 3.4 per cent Monday. — Photo pvgas.com.vn Vietnamese shares gave up initial gains on Monday as investors dumped stocks in the large-cap group, pushing down indices. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 0.16 per cent, to 1,350.48 points. The market's breadth was negative with 197 stocks increasing, while 234 stocks declined. Investors poured over VND24.5 trillion (US$1 billion) into the southern bourse, equivalent to a trading volume of nearly 894.6 million shares. The VN30-Index, tracking the 30 biggest stocks in market capitalisation on HoSE, posted a gain of 0.21 per cent, to 1,458.66 points. Of the VN30 basket, 13 stocks climbed, while 15 slid. Banking stocks maintained their gains until the end of the afternoon trading session, strongly supporting the indices. The best performers in the group included Bank for Investment and Development (BID), Vietinbank …

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Viettel's headquarters in Ha Noi. — Photo congthuong.vn According to an announcement from the Ha Noi Stock Exchange (HNX), the exchange will hold an auction for Vinh Son JSC shares, owned by Military Industry and Telecoms Group (Viettel), on Tuesday. The auction offers a batch of shares with a volume of nearly 4.6 million units, equivalent to 39.9 per cent of Vinh Son's charter capital. The starting price of the auctioned shares is nearly VND922.5 billion (US$40.3 million). In the latest update, there has been one Vietnamese individual registering to buy all shares in the batch of this auction. The deadline for submitting the competitive offer form is at 2pm on Tuesday. Vinh Son has a charter capital of VND1.15 trillion. As of June 30, the company’s shareholder structure has three shareholders including two organisations and one individual. Of which, Dragon Village Real Estate JSC owns 60 per cent, Viettel holds 39.9 per cent and Nguyen Khanh Trung personally owns 0.1 per …

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Many activities will be organized nationwide to entertain children on the occasion of the traditional Full-moon Festival. Although Vietnam is still in the severe fourth wave of the Covid-19, children throughout the country the still have opportunity to experience the fascinating once-a-year festival and learn about Vietnamese traditional culture. The online display is entitled “Mid-Autumn Festival Reunion” at the website of Thang Long Imperial Citadel. Photo: Lai Tan This year’s full moon season is very special for Vietnamese children as most activities to celebrate the Mid-Autumn Festival are held online. As part of the online art program series entitled “Sharing love to overcome the pandemic” organized by the Department of Performing Arts, a special night for children called “Mid-Autumn Festival for Children” will be held at 8pm on September 21 at three points of Vietnam Puppet Theater, Vietnam Circus Federation and Thang Long Puppet Theater. The …

[Read more...] about Various activities to celebrate traditional Mid-Autumn Festival

Vietnam to attend ASEM Cultural Festival 2021 Vietnam and 10 other countries have signed up to participate in the ASEM Cultural Festival (#ASEMfest), a side event of the 13th Asia-Europe Meeting (ASEM) to be hosted by Cambodia in November. The ASEM Cultural Festival 2021 is scheduled to get underway between November 22 and 26. This international cultural event will be held virtually with the main activities such as performing arts, and the screening of feature films and documentaries, as well as the exhibition which would be held in hybrid format at the National Museum of Cambodia. The festival aims to explore the cultural diversity and promote the exchange, cooperation and artistic creation between the cultures of both regions, contributing to enhancing cooperation and development between the ASEM partner countries. Joining as a founding member of ASEM in 1996 marked an important step in the implementation of Việt Nam's policy of open foreign policy, multilateralisation and …

[Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 18

Minister of Information and Communications Nguyen Manh Hung (L) and Cuban Minister of Communications Mayra Arevich Marín sign MoU on cooperation in information security for 2021-2025 (Photo: VNA) Havana (VNA) – Vietnam and Cuba have inked a memorandum of understanding (MoU) on cooperation in information security for 2021-2025 . The document was signed by Minister of Information and Communications Nguyen Manh Hung and Cuban Minister of Communications Mayra Arevich Marín during their working session in Havana on September 19 (local time) within the framework of President Nguyen Xuan Phuc’s official visit to Cuba. Under the MoU, Vietnam will organise online and in-person seminars and training courses to share management experiences and build a legal environment suitable for the development of science and technology in each country. The two ministers also exchanged views on the development situation in the fields of post, telecommunications, information technology and …

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Both teams went into the match tied on three points but Vietnam started the match on the back-foot as the Czech Republic came close to scoring. Vietnam also had their fair share of chances but Nguyen Minh Tri and Vu Duc Tung both missed opportunities as the score remained 0-0 going into the end of the first half. It was the same scenario after the restart with the Czechs dominating play but Vietnam broke the deadlock against the run of play in the 35th minute through Chau Doan Phat. The lead, however, lasted for seconds as the Czech Republic equalized through Lukas Resetar's strike. Vietnam - with four points - finished third in Group D but advanced to the next round as one of the best third-placed finishers. They will play Russian players in the Round of 16. After the match, Czech media highly valued Vietnam’s steadfastness. Ceskatelevize stated that the Czechs were in trouble with Vietnam, but will not miss the playoffs. It also cited the Czech Republic’s head coach …

[Read more...] about Vietnam advance to next round of Futsal World Cup 2021

About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new... Some 58 per cent of global respondents predict that they will completely cease to exist in the next five to ten years unless they change their business models. — Photo bnews.vn About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus). The ‘Evolve or be extinct’ report was conducted by FT Focus and surveyed over 500 senior banking executives globally to gain insights into their perception of the banking industry, now and in the future. The results illustrate the urgent need for banks to modernise their offerings, with 58 per cent of global respondents predicting they will completely cease to exist in the next five to ten years unless they change …

[Read more...] about VIETNAM BUSINESS NEWS SEPTEMBER 19

Famous vocalist Y Jang Tuyn — Photo courtesy of Y Jang Tuyn HCM CITY — Singer Y Jang Tuyn, 42 years old, famous vocalist from the Bana ethnic group passed away this morning after a month of COVID-19 treatment. The singer's nephew Thảo An shared, the family is waiting for the cremation procedure to receive his ashes. Tuyn had a history of high blood pressure, treated COVID-19 at the field hospital No 13 in mid-August, then transferred to Chợ Rẫy hospital on September. In the first two weeks, he was in good health, can communicate with people via text messages. However, the situation worsened, he had to breathe with an ECMO machine. Before testing positive for COVID-19, the male singer celebrated his birthday through a livestream. Y Jang Tuyn sang for the fans for three hours straight and encouraged everyone to be optimistic and love each other to overcome the difficulties of the epidemic. Y Jang Tuyn was born in 1979. He represents the class of modern Central Highlands …

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A representative of HCM City's Youth Union wears the costume of Hằng Nga, a traditional character of the Mid-Autumn Festival, as she presents gifts for children of migrant workers in dormitories in HCM City. VNA/VNS Photo HCM CITY – Many children in HCM City, the country’s coronavirus epicentre, have enjoyed a special Mid-Autumn Festival this year despite social distancing regulations thanks to joint efforts of authorities, organisations and volunteers. In the past three days, the dormitories of migrant workers in Sơn Kỳ, Tây Thạnh wards in Tân Phú District; Tân Nhựt, An Phú Tây wards in Bình Chánh District; and Hiệp Phước Industrial Zone in Nhà Bè District have been full of the sounds of happiness with children’s laughter. Youngsters celebrated their Mid-Autumn Festival with mooncakes, milk, small boxes of candy and biscuits, as well colourful paper lanterns. These are in gift packages for the full-moon festival local authorities, youth unions and benefactors, in the …

[Read more...] about Efforts made to bring a special Mid-Autumn Festival for kids amid COVID-19 pandemic

The Border Guard Command of Quang Binh province on September 19 presents medical supplies to their counterpart in the Lao border province of Khammouane, to help with the province's efforts to respond to COVID-19. (Photo: VNA) Quang Binh (VNA) - The Border Guard Command of Quang Binh province on September 19 presented medical supplies to their counterpart in the Lao border province of Khammouane, to help with the province's efforts to respond to COVID-19. Colonel Trinh Thanh Binh, Commander of the Quang Binh Border Guard force handed over medicines, COVID-19 rapid test kits, protective clothing and medical masks, which are worth more than 600 million VND, to the Military Command and Public Security of Khammouane. At the event, the two sides also shared information on border protection coordination and the epidemic situation in their respective countries. They exchanged experience in pandemic prevention and control, and in ensuring the safety of officers and soldiers on duty …

[Read more...] about Quang Binh’s border guard force presents medical supplies to Lao province