15 000 scholarships

From the beginning of the trading session, financial stocks, such as banks and securities, gained positively, keeping the VN-Index from falling sharply even though many sectors were flooded in the red. Banking stocks that climbed the most on the floor at approximately 3 percent were VIB, BID, TCB, CTG, and MBB. Securities stocks, like VCI, HCM, and VND, also remained in an upward trend. Besides, penny-chip stocks, like HAG, AMD, ITA, and HNG, and steel stocks, including HPG, HSG, and NKG, also went up because of vibrant trading. In contrast, energy and seafood stocks dropped sharply. Specifically, VHC declined by 4.2 percent, ACL retreated by 5.1 percent, NT2 sank by 5.6 percent, VSH slumped by 4.9 percent, and REE slid by 3.5 percent. As a result, the market still dropped slightly. Closing the morning session, the VN-Index deleted 4.5 points, or 0.38 percent, to 1,191.03 points. On the Hanoi Stock Exchange, the HNX-Index also went down by 2.04 points, or 0.73 percent, to 279.15 … [Read more...] about VN-Index loses nearly 15 points on selling pressure

Workers at a factory in Binh Duong province (Photo: VNA) A worker’s monthly income usually consists of the base salary, overtime pay and allowances. Do Thi Thu Hoai, an employee in Phu Tho province, said: “I have been working at this company here for five years, but the allowances have remained the same for me. “I see that several other companies provide an amount for accommodation support, but here we don’t receive any.” Each month, she receives her base salary of VND4.4 million (US$188), alongside the allowances of VND300,000 for diligent attendance, VBD150,000 for fuel charges, and VND30,000 for female employees. There was an allowance for employees with children of VND100,000 (US$4.30) per month, but this no longer exists, she said. She added that not only have these amounts remained unchanged throughout the years, but they also follow a very strict policy. The allowance for diligence, for example, can only be given if the employee has perfect attendance in that … [Read more...] about Workers hope for allowance increase amid price surge

In particular, on July 2, the delegation handed over two gratitude houses, 15 bikes and 15 gifts to students with adversity in life of Bao Yen district, which houses 13 ethnic minority groups with over 85,000 people. Addressing the event, Senior Colonel Ngo Anh Thu, Deputy Editor-in-Chief of the People’s Army Newspaper and Vice Chairman of the club, said that the gifts were small in value, but showing deep sentiments of the club’s members and participating businesses for local people. On behalf of the local people, Chairman of the People’s Committee of Bao Yen district To Ngoc Lien thanked the delegation for their meaningful support which served as a source of encouragement for local disadvantaged households to rise in life. Touchingly receiving the bike, Ban Thanh Binh, an eighth grader of Tan Tien Boarding Secondary School, promised to study hard to deserve the gift. On July 3, in Bat Xat district, the delegation presented gratitude houses to two poor households in Y Ty and A … [Read more...] about Needy people and students in Lao Cao receive support

The government in late March issued a decision to grant a financial support package of VND6.6 trillion ($287.4 million) to help migrant workers pay rent for up to three months. The package is to be given to 3.4 million people by mid-August. As approved by the government, each worker will receive VND500,000-1 million per month over no more than three months. Two groups of beneficiaries are those who have labor contracts and have contributed to social insurance premiums via their salaries; and those that are currently working at industrial parks, export-processing zones and economic zones in 24 cities and provinces: Hanoi, Hai Phong, Quang Ninh, Hai Duong, Hung Yen, Vinh Phuc, and Bac Ninh in the north, Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh in the central region, and Ho Chi Minh City, Binh Phuoc, Tay Ninh, Binh Duong, Dong Nai, Ba Ria – Vung Tau, Long An, Tien Giang, Can Tho, Ca Mau, An Giang and Kien Giang in the south. Until now, 558,000 workers at … [Read more...] about Rental assistance package for workers disbursed at snail’s pace

Bac Giang Province is well known for being one of the main lychee-growing hubs in Vietnam, thus it comes as a surprise to many that the northern province also boasts a diversity of stunning landscapes. Despite being barely 50 kilometers from the capital city of Hanoi, Bac Giang remains an undiscovered tourist destination in northern Vietnam. Backpackers who visit Bac Giang during the summer will have the opportunity to savor lychees, immerse themselves in the magnificent scenery, and discover the region's centuries-old villages. Picking up lychees at Luc Ngan orchards Lychee is a summertime specialty fruit in the north, where it is cultivated in numerous locales. However, the most renowned lychee comes from Luc Ngan District in Bac Giang. The dulcet taste of the lychee fruits here distinguishes them from those available in other localities. Despite the medium size of the fruit, its seed is the size of a pea, allowing fruit enthusiasts to enjoy a satisfying bite after … [Read more...] about Don’t miss out on these experiences when visiting Bac Giang in northern Vietnam

It was reported at the meeting that 47 out of the total 80 sub-items in the joint initiative have been well implemented as scheduled so far, 15 are underway, six make no progress, and work will start on 12 others in the time ahead. Do Nhat Hoang, head of the Foreign Investment Agency under the MPI, said Vietnamese ministries and agencies have coordinated with the Japanese side to implement commitments in the action plan of the initiative. Vietnam’s commitment to materialising the joint initiative manifests the government’s resolve to improve the domestic investment environment, he said. Many legal documents have been amended and adopted within the framework of the initiative, he noted, adding that Vietnamese ministries and agencies have also taken into consideration many recommendations of Japan during the consolidation process of fine-tuning laws and policies, as well as law enforcement. Envoy Okabe Daisuke from the Japanese Embassy emphasised that the two sides will continue … [Read more...] about Vietnam, Japan review joint initiative