Single european market

Some banks are collecting treasury stocks to reduce the number of shares in circulation and reduce foreign ownership ratios. This is seen as preparation to receive ‘big fish’ who are ready to spend big money to acquire Vietnam’s bank shares. … [Read more...] about Big players enter Vietnamese stock market

At the meeting, the leaders of the departments, industries, and enterprises of Lam Dong Province affirmed that the preparation of goods for the Tet market, in general, and the HCMC market this year is on schedule. Tet goods are plentiful and diverse. They will prevent a shortage of supply, which causes sudden increases in the selling prices. Mr. Bui The, Deputy Director of the Department of Industry and Trade of Lam Dong Province, said that to serve the Tet market, the specialized vegetable growing areas of the province, including Da Lat City, Don Duong, Duc Trong, Lac Duong, and a part of Lam Ha district, had cultivated more than 24,000 hectares of vegetables of all kinds, with an output of around 780,000 tons, up 5 percent over the same period last year. Of which, many kinds of vegetables, such as napa cabbage, onion, potato, lettuce, tomato, cabbage, turnip, and scallion, increased sharply in both growing area and output, from 5 percent to 19 percent, depending on the product. More … [Read more...] about HCMC, Lam Dong cooperate to prepare supply of vegetables, flowers for Tet market

The final destination in the 48-hour journey is Lang Chai Xua (Old Fishing Village) Museum, covering ​​1,600 square meters and including 14 themed sections. The interactive space recreates Mui Ne Fishing Village, boasting a history of 300 years in making traditional fish sauce, considered the soul of Vietnamese cuisine. … [Read more...] about 48 hours in fabulous Phan Thiet

Berlin (VNA) - German newswire Deutsche Welle (DW) recently ran an article hailing Vietnam’s successes in combating the COVID-19 pandemic as well as economic development on the threshold of the 13th National Congress of the Communist Party of Vietnam (CPV). The article lauded Vietnam among few countries in the world that have been successful in preventing the outbreak, saying soon after the onset of the health emergency, authorities put in place strict measures to control the spread of the virus, which helped keep infection number under control throughout the year. According to the US-based Johns Hopkins University, the country has so far recorded 1,544 COVID-19 infections and 35 deaths. The Vietnamese Government’s successful handling of the health crisis has had a positive effect on the economy. Vietnam is one of the few countries that managed to post growth in 2020, expanding by 2.9 percent in a year while many economies worldwide recorded massive contractions. … [Read more...] about German media commends Vietnam’s COVID-19 prevention, economic development

Vietnam to allow EU credit institutions to hold 49% shares at two banks Vietnam is committed to allowing credit institutions of the European Union (EU) to hold up to 49% shares at two joint stock commercial banks in Vietnam when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.   … [Read more...] about Vietnam’s credit institutions must speed up restructuring to meet deadline