Read what is in the news today: Health -- The Ministry of Health reported 2,340 new cases of COVID-19 on Tuesday, raising the national caseload to 11,351,563 and marking a new record of daily infections in three months, according to the ministry. Society -- A tropical depression over the East Vietnam Sea has evolved into a storm named Mulan. This is the second storm off the Vietnamese coast this year and is forecast to bring heavy rains to the northern region from Wednesday, according to the National Center for Hydro-Meteorological Forecasting. -- The Ho Chi Minh City Department of Construction proposed on Tuesday an allocation of VND500 billion (US$21.37 million) from the municipal budget for the renovation of 246 old, run-down apartment buildings in the southern metropolis. -- Functional forces on Tuesday imposed fines totaling more than VND26 million ($1,111) on a restaurant in Thu Duc City under Ho Chi Minh City, where a case of methanol poisoning killed two … [Read more...] about Breakfast @ Tuoi Tre News — August 10
10 million dollar car
Gasoline products entitled to 10 per cent discount on preferential import tax
Domestic gasoline prices declined for the fourth consecutive session. They are expected to drop further. — Photo kinhtedothi The Government has just issued a decree stipulating the import tax rate for gasoline products, with a reduction of 10 per cent on organic unleaded gasoline. Decree No. 51/2022/ND-CP amends the preferential “Most Favoured Nation” or “MFN” rates for gasoline products, in which the import tax rate for unleaded petrol (under HS code from 2710.12.21 to 2710.12.29) will be adjusted from 20 per cent to 10 per cent. According to the Ministry of Finance (MoF), compared to other countries, the proportion of tax in the base price of petroleum in Viet Nam is lower. The proportion in many countries was mainly in the range of 40 per cent - 55 per cent for gasoline and 35 per cent - 50 per cent for oil, while it was about 19.39 per cent for E5RON92 gasoline, 21.95 per cent for RON95 gasoline and about 11.05 per cent for diesel in Viet Nam with the environmental … [Read more...] about Gasoline products entitled to 10 per cent discount on preferential import tax
P/S extends collaboration with Vietnam Odonto-Stomatology Association
P/S of Unilever Vietnam and the Viet Nam Odonto-Stomatology Association have announced a collaboration agreement to prolong the Protecting Vietnamese Smiles programme to 2027. The programme is a component of a strategic partnership between the two parties to enhance oral health and reduce oral diseases by 10 per cent in Viet Nam between 2022 and 2027. Under the collaboration, the two sides will strengthen education on appropriate oral hygiene habits including organising communication initiatives to inspire 20 million people to properly brush their teeth day and night to prevent oral health issues. In addition, they will co-ordinate to implement the School Dentistry programme to directly approach and spread the formation of healthy daily brushing habits to 2.6 million primary and preschool children The oral health checks among the community will also be organised with free dental examinations and consultations for 100,000 children and the elderly. The two sides will develop … [Read more...] about P/S extends collaboration with Vietnam Odonto-Stomatology Association
Overseas workers return home to underpaid jobs
"With no certificates, I can only apply for a blue-collar job, but most factories turned me down," the 24-year-old woman said. Factories in Vietnam demanded that she work faster than in Japan for one-fifth of the salary she got there, at around VND6 million ($256) a month. In Japan she received VND30 million a month and was able to send two-thirds of it back to her family and live comfortably with the remaining one-third. "I had enough to spare, but in Vietnam, I run out of money very quickly." Nguyet is among nearly 548,700 Vietnamese citizens who’d gone abroad to work in the last five years to earn higher incomes and help their families back home. However, many of them are returning home to great disappointment, their expectations of resuming work at home for decent pay belied in no uncertain manner. Data from the Ministry of Labor, Invalids and Social Affairs shows that in Japan and South Korea, the two major labor markets for Vietnam, Vietnamese workers can earn … [Read more...] about Overseas workers return home to underpaid jobs
Securities firms raise capital on recovery of stock prices
A worker talking to an investor at MB Securities' office. — Photo courtesy of MBS Despite poor business results in the second quarter, many securities stocks have rebounded sharply after hitting the bottom on June 20-21. Accordingly, Viet Dragon Securities JSC (VDS)'s shares gained 84.7 per cent from VND7,200 a share to VND13,300, while shares of Saigon - Hanoi Securities JSC(SHS) also increased by 65 per cent from VND8,904 to VND14,700. Shares of MB Securities JSC (MBS) jumped 61.3 per cent. Leading securities stocks like SSI Securities Corporation (SSI), Ho Chi Minh City Securities Corporation (HCM) and VNDirect Securities Corporation (VND) to small stocks such as Vietnam Industrial & Commercial Securities Corporation (VIG), Hoa Binh Securities JSC (HBS), and Agribank Securities Corporation (AGR) also surged 30-50 per cent in the last month and a half. Securities stocks have reported a good recovery as the general stock market picked up significantly from the area of … [Read more...] about Securities firms raise capital on recovery of stock prices
Biden signs bill to boost US chips, compete with China
"The future is going to be made in America," Biden said, calling the measure "a once-in-a-generation investment in America itself." Biden touted investments that chip companies are making even though it remains unclear when the U.S. Commerce Department will write rules for reviewing grant awards and how long it will take to underwrite projects. Some Republicans joined Biden on the White House lawn to attend the signing of the chips bill that was years in the making in Congress. The chief executives of Micron, Intel, Lockheed Martin, HP and Advanced Micro Devices attended the signing as did governors of Pennsylvania and Illinois, the mayors of Detroit, Cleveland and Salt Lake City, and lawmakers. The White House said the bill's passage was spurring new chip investments. It noted that Qualcomm on Monday agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries' New York factory, bringing its total commitment to $7.4 billion in purchases through 2028. … [Read more...] about Biden signs bill to boost US chips, compete with China
