Workers at a data centre of ICT group CMC Corporation (CMG) in Ha Noi. CMG rose 6.9 per cent last week. — Photo CMG Shares are forecast to return to the downtrend this week as market sentiment stays weak amid low liquidity and a lack of stability for long-term recovery. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased by 0.11 per cent, to end at 1,198.90 points. An average of 544 million shares were traded on the southern exchange during each session last week, worth VND12.3 trillion (US$527.6 million). In the second quarter of 2022, the average trading value of shares reached more than VND17.1 trillion each session on HoSE with the average trading volume reaching more than 589.15 million shares, corresponding to a decrease of 20.02 per cent in value and 18.33 per cent in volume over the same period in 2021. “Cash flow, in general, is still cautious, and the weakening signal at the resistance zone of 1,200 – 1,220 points is still putting great pressure on … [Read more...] about Shares to return to downtrend amid low liquidity
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Chance of finding missing crew off Hong Kong ‘very slim’ after storm: authorities
The chance of finding 27 crew members alive from a vessel that snapped in two as tropical storm Chaba passed through Hong Kong and southern China is "very slim", government rescue authorities said on Sunday, as the search for those missing continued. On Saturday, authorities rescued three of 30 crew members as strong winds and rain battered the coast and waters about 300 km (200 miles) southwest of the city, Hong Kong Government Flying Service said. The site of the incident was surrounded by about 100 wind turbines that, compounded with gusts reaching up to 140 km per hour, had hampered rescue efforts. The search area had been widened but the chance of finding survivors was "very slim", West Wu, controller of the Government Flying Service of Hong Kong, said on Sunday. Hong Kong sent nine aircraft to jointly conduct search and rescue operations with forces from the mainland. Some of the crew had likely abandoned the vessel as it snapped in two, the surviving crew members told … [Read more...] about Chance of finding missing crew off Hong Kong ‘very slim’ after storm: authorities
Hue Festival helps revive economic recovery, development
According to statistics, the number of visitors coming to Thua Thien Hue during Festival week increased 40 percent. During 2022, the province will organize a special festival under the theme of “four seasons” with several events that will be held year round to attract more tourists. “The 4-season festival gives tourists a chance to experience Thua Thien Hue. In return, we also have more opportunities to welcome guests throughout the year, not just focusing peak times that cause overload and reduce service quality,” said Nguyen Hoang Thuy Vy, Vice Chairwoman of the Tourism Association of Thua Thien Hue province. After two years of hiatus due to Covid-19, Festival Hue 2022 will come on strong this year and bring with it new tourism dollars. Heritage tourism is as always at the forefront, but the province has also introduced many new and attractive tourism products in recent times. Within the framework of the festival, modern cultural events, and trade promotion activities are … [Read more...] about Hue Festival helps revive economic recovery, development
Who is the Vietnamese for whom a Paris square has just been named?
By fighting in World War I, Do Huu Vi (1883-1916) was the first Vietnamese aviator to serve in the French Army more than 100 years ago. Late in June, a ceremony took place to name a small square in the center of the 16th arrondissement of Paris after Do Huu Vi, in the presence of Paris Deputy Mayor Laurence Patrice, Mayor of the 16th arrondissement Francis Szpiner, representatives of the Vietnamese Embassy in France, along with Do Huu Vi's relatives, local officials and residents. The naming ceremony of Do Huu Vi Square. Photo: C'est le Temps de l'amour Group Do Huu Vi Square is located at the intersection of Versailles Avenue and Quai Louis Blériot, 16th arrondissement, overlooking the Radio France headquarters and the Grenelle Bridge. A hero of Cholon, Saigon Do Huu Vi was born in Cholon as the youngest son of Governor Do Huu Phuong, a landowner in Cochinchina at that time, who was allegedly the second wealthiest man in the old Saigon. According to … [Read more...] about Who is the Vietnamese for whom a Paris square has just been named?