Viet Nam News HÀ NỘI — Vietnamese shares extended gains for a second day, despite investors’ concerns about the upcoming US central bank meeting this weekend. The benchmark VN Index on the HCM Stock Exchange gained 0.85 per cent to close Wednesday at 971.60 points. The southern market index has increased a total 2.1 per cent in the past two trading days. The HNX Index on the Hà Nội Stock Exchange rose 0.73 per cent to end at 109.39 points. The northern market index advanced 0.86 per cent on Tuesday. More than 195 million shares were traded on the two local exchanges, worth VNĐ4.36 trillion (US$194 million). Large-cap stocks continued to drive the market up, posting good gains after they had suffered from market volatility since last Thursday. The large-cap VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation, was up 0.69 per cent to touch 945.91 at the end of the day. The large-cap index was driven by … [Read more...] about VN stocks extend gains for 2nd day
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VN reports no new cases of bird flu in humans since 2014
Workers vaccinate poultry to prevent an outbreak of bird flu in 2015. — VNA/VNS Photo Anh TuấnViet Nam News HÀ NỘI – Việt Nam has reported no new cases of human infection with avian influenza viruses since the second half of 2014, an agriculture official said. Deputy Minister of Agriculture and Rural Development Hà Công Tuấn said Việt Nam successfully prevented the epidemic from spreading on a large scale. The infection was mainly local and only affected a small portion of poultry. “The number of human infections and deaths from bird flu in the country has markedly decreased year after year,” Tuấn told a conference on the National Avian Flu Control Plan for 2014-18 and 2019-25 in Hà Nội on Tuesday. “No new cases have been found since the final months of 2014.” In the ten years between 2004 and the first half of 2014, 64 people died of the A/H5N1 strain of bird flu in Việt Nam. … [Read more...] about VN reports no new cases of bird flu in humans since 2014
BUSINESS NEWS IN BRIEF 17/10
Hanoi Gift Show 2018 to draw more than 250 exhibitors Local airlines increase aircraft fleet Data from the Civil Aviation Administration of Vietnam (CAAV) show that the number of aircraft registered in Vietnam amounted to 175 as of September, up 14% year-on-year. Cat Lai customs work with 58 shipping firms over waste imports Customs officials at HCMC's Cat Lai Port have worked with representatives of 58 shipping companies that have transported over 3,000 containers of scrap to the port to determine their responsibilities and brief them of the Prime Minister’s Directive 27 on solutions to enhance control over imported waste, Thanh Nien newspaper reported, citing Pham Thi Leo, deputy head of Saigon Port Area 1 Customs Office. Leo said the customs agency was cooperating with these shipping companies in line with the 2014 Customs Law and 2005 Maritime Law. Shipping companies were asked to carry ineligible scrap imports out of Vietnam. They must assume responsibility for the waste … [Read more...] about BUSINESS NEWS IN BRIEF 17/10
Exhibition showcases works of French, VN artists
Viet Nam News HCM CITY — A joint exhibition featuring 14 Vietnamese and five French artists, Rencontre 2018 (Meet 2018), has opened at the HCM City Fine Arts Association. The exhibition displays 35 paintings in oil, acrylic, lacquer and mixed media, and seven pieces of ceramic sculpture. French painter Monoel Pillar is showing three oil paintings of landscapes and lifestyle of cities in Việt Nam. His works include Cần Thơ, Bóng Đổ trên Khu Vực Bà Chiểu (Bà Chiểu area of HCM City), and Nhà trên Kênh Nhiêu Lộc (Houses along Nhiêu Lộc Canal). Born in 1946, Pillar studied at the Casa de Velázquez, a French school in Madrid, Spain, from 1972-1974, and then taught at the École Nationale Supérieure des Arts Décoratifs until 2011. He has travelled to Asia and painted many landscape works of big cities like Tokyo and Seoul. The Bình … [Read more...] about Exhibition showcases works of French, VN artists
Lending interest rates on the rise at VN banks
VP Bank has made a 0.5-1.0 percentage point increase on loans at all terms. - VNA/VNS PhotoViet Nam News HÀ NỘI – Interest rates for Vietnameseđồng loans have increased in the past two months after holding steady in the first half of the year. Reports from the Ho Chi Minh Securities Company showed that the rates rose by 0.46 percentage points against the end of last year to 7-9 per cent per year for short-term loans and 9-12.5 per cent for medium and long-term loans. The reports named some banks such as Agribank, Military Bank, Sacombank, VP Bank and ACB, which have adjusted rates upwards in the past two months. Agribank has increasedthe rates on short-term loans by 0.2 percentage points and 0.7-1.3 percentage points for medium and long-term loans. Sacombank and VP Bank have made a 0.5-1.0 percentage point increase on loans at all terms while Military Bank has adjusted up the rates by 0.95 percentage points on short-term loans. ACB also hiked the … [Read more...] about Lending interest rates on the rise at VN banks