Third session

The benchmark started the morning trading session not so smoothly when the demand still hesitated, while the holders were ready to push sell orders when they saw that stocks reached their expected price levels. The cautiousness of both sides made the VN-Index go down slightly in the ATO session. The market continuously shook in the morning trading session when both the buyers and sellers failed to show their superior on the electric board. The market only improved in the afternoon trading session when buy orders above the reference price unexpectedly poured into the group of banking stocks. The green color from the most important stock group in the market was the driving force, helping change the color of the remaining large-cap stocks in the VN30 basket. At the end of the trading session, the VN-Index gained by 15.28 points, or 1.27 percent, to 1,218.1 points. Of the index, 326 stocks emerged, 53 remained unchanged, and 136 sank. Notably, the list of stocks that climbed today … [Read more...] about VN-Index strengthens by more than 15 points, backed by banking stocks

At the opening ceremony of the photo exhibition The exhibition displays more than 300 images and valuable materials about the life, literature career and family of poet Nguyen Dinh Chieu – enthusiastic teacher, traditional medical practitioner, and poet – owning masterpieces like Luc Van Tien (the tale of Luc Van Tien), Duong Tu – Ha Mau, Ngu Tieu y thuat van dap (medical discussion between fisherman and woodcutter), Van te Nghia si Can Giuoc (funeral oration for partisans in Can Giuoc uprising). The exhibition using 360-degree virtual reality technology allows visitors can view on smartphones. A proposal for the celebration of Vietnamese poet Nguyen Dinh Chieu’s 200th birth anniversary was adopted at a session of the UNESCO General Assembly that was held in Paris last November. Ben Tre Province honors individuals and collectives who donated rare and valuable items to the Ben Tre Fine Arts Museum. Nguyen Dinh Chieu (1822-1888) was not only a Vietnamese poet who … [Read more...] about Photo exhibition marks poet Nguyen Dinh Chieu’s 200th birth anniversary

VASEP proposed practical solutions to decrease logistics cost in the near future Chairman of Vietnam Tourism Association Vu The Binh stated that to promote the recovery of this industry in the near future, there must be new interesting tour packages to attract international tourists, along with favorable conditions to welcome them to Vietnam. He proposed a working session between the tourism and aviation industries to introduce the most reasonable prices for these new packages. Deputy General Secretary of Vietnam Association of Seafood Exporters and Producers Nguyen Hoai Nam shared that the high fuel prices have created pressure on many businesses, and many fishermen have stopped their work. He suggested some solutions to reduce logistics cost, including digital transformation among member businesses, which was wholeheartedly welcomed by Minister Dung with the promise to support any needy enterprises in order to increase their competitiveness. Vice Chairwoman of Vietnam … [Read more...] about Vietnam collecting feasible solutions to boost production, trading, investment

Vietnamese Minister of Justice Le Thanh Long (L) and his Hungarian counterpart Judit Varga sign the cooperation pact under the witness of National Assembly Chairman Vuong Dinh Hue and his Hungarian counterpart László Kovér. (Photo: VNA) Budapest (VNA) - Vietnamese Minister of Justice Le Thanh Long and his Hungarian counterpart Judit Varga on June 27 signed a cooperation programme between the two ministries for the 2022-2023 period, as part of National Assembly Chairman Vuong Dinh Hue’s ongoing official visit to Hungary. The signing ceremony was witnessed by National Assembly Chairman Vuong Dinh Hue and his Hungarian counterpart László Kovér. Per the pact, the cooperation contents focus on topics that Vietnam needs experience and Hungary has strengths such as asset recovery mechanism in corruption cases, one-stop shop mechanism, the application of information technology in civil judgment enforcement, and non-conviction based confiscation, among several others. The … [Read more...] about Vietnam, Hungary seal judicial cooperation deal for 2022-2023

Do Hung Viet, Assistant to the Vietnamese Minister of Foreign Affairs, made the remarks while attending the annual debate on women’s rights at the HRC’s 50th regular session in Geneva on June 27. In his speech, Viet highlighted the important role of women, stressing the need to ensuring their rights and development opportunities through specific and effective support policies. He also shared Vietnam’s experience and efforts in this regard, noting Vietnam is one of the countries with the longest maternity leaves in the world. Emphasising the country’s priority for gender equality promotion and women empowerment, he added Vietnam is ready to cooperate with other countries in these common efforts. At the debate, participants underlined the necessity to build comprehensive and effective policies for ensuring gender equality and rights of women, who are in charge of a huge domestic workload but unpaid or underpaid, which has subsequently affected women’s full participation in … [Read more...] about Vietnam keeps prioritizing gender equality promotion: officials

At the meeting, on behalf of the N.A. deputy delegation, Nguyen Lam Thanh, Vice Chairman of the N.A.’s Council of Ethnic Minorities, reported on important outcomes of the freshly-concluded third session of 15th N.A. In particular, in 19 scientific, democratic, and highly responsible working days, the 15th N.A.’s third meeting achieved all set targets. During this session, the 15th N.A. looked into a large amount of work and made decisions on many important contents for 2022 and the following years. As a result, the 15th N.A. passed five laws, adopted 17 resolutions, and gave opinions on six draft laws and resolutions and other important contents. On hearing the achievements of the aforementioned meeting, participating voters voiced their opinions and suggested the delegation of Thai Nguyen N.A. deputies make proposals to the N.A. on creating a special mechanism for Thai Nguyen province to make the best of its full potential, and strengths to develop in the coming time. With … [Read more...] about Defense Minister meets with Pho Yen voters

National Assembly Chairman Vuong Dinh Hue (R) receives Tamas Uri, Head of CEE Region at Egis Pharmaceuticals PLC (Photo: VNA) Budapest (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue received leaders of several Hungarian enterprises which are operating in Vietnam on June 28 in Budapest as part of his official visit to the European country. At the meetings with a leader of Gedeon Richter Company – Hungary’s multinational company operating in the field of pharmaceutical manufacturing and biotechnology research and development (R&D), and representatives of Egis Company - a leading pharmaceutical company in the Central Eastern Europe, Hue appreciated the results of their activities in Vietnam, adding that pharmaceuticals is the country’s potential field of cooperation with many preferential policies. Leaders of Gedeon Richter and Egis showed their hope that Vietnam will speed up and simplify administrative procedures for drug registration so that many new products … [Read more...] about NA Chairman receives leaders of several Hungarian companies

In an interview granted to Vietnam News Agency ahead of the trip from June 28 to 30, Vietnamese Ambassador to the U.K. Nguyen Hoang Long said the trip will focus on the six important pillars in the strategic partnership, namely politics - diplomacy, economy - trade - investment, education - training, defence - security, science - technology, and the Vietnamese community in the U.K. He said the top legislator will engage in a hectic schedule which includes government and parliament-related events, activities related to economy, trade, investment and education, and meetings with the Vietnamese community. He will hold talks with the leaders of the U.K. House of Commons and House of Lords and meetings with partners, leading businesses economic and financial groups and banks in the country as well as attend a number of forum on economic, trade, investment, education-training cooperation. Chairman Hue is set to meet with British Deputy Prime Minister Dominic Raab to discuss bilateral … [Read more...] about N.A. leader’s visit hoped to cement Vietnam’s all-round ties with U.K.

At the working session, Rear Admiral Nguyen Van Lam, President of the Naval Academy, briefed the Cambodian guests on the history, tradition, missions, achievements and orientation for the development of the academy. He also updated the visiting mission on the academy’s outcomes in training Cambodian naval cadets and officers. Over the past years, the Naval Academy has trained thousands of Cambodian naval officers. In recent years, despite the complicated developments of the COVID-19 pandemic, the academy has still continued its training programs for Cambodian cadets as planned. All of the Cambodian trainees have completed training courses, meeting all set training requirements. For his part, Vice Admiral Non Sophat sincerely thanked the Naval Academy’s Party Committee and Directorate for the sentiment and expected that education and training programs between Cambodian military schools and Vietnam’s Naval Academy will be effectively expanded in the coming time, contributing to … [Read more...] about Royal Cambodian Navy’s mission visits Vietnam’s Naval Academy

Facilities of Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai. BSR rose 2.8 per cent on Wednesday. Photo bsr.com.vn Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 1.27 per cent, to 1,218.10 points. The benchmark increased 1.46 per cent, to close Tuesday at 1,202.82 points. More than 588.4 million shares were traded on the southern bourse, equivalent to VND14.4 trillion (US$619 million). Market breadth was positive with 136 losers and 326 gainers. Banking stocks were darlings of the market with gainers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks gained ground with gainers such as Viet Nam National … [Read more...] about Shares extend gains, bolstered by bank and energy sectors