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Quy Nhon Port in Binh Dinh reported positive performance in the first half “Growth in goods handling enabled the port to make net revenue of VND365 billion($15.87 million), up 49 per cent against the same period last year,” said a representative of the port. In the second quarter, the port made a net revenue of VND226 billion ($9.83 million), doubling its performance on-year. The port is currently boosting new services and routes to maintain growth during the pandemic. In 2021, the port set a revenue target of over VND886 billion ($38.52 million) with pre-tax profit of VND160 billion ($6.96 million), up 4 and 9 per cent on-year, respectively. The company claims the targets are viable as sea trade is on the rise and is projected to grow further in the months to come. By Bich Thuy … [Read more...] about Quy Nhon Port makes strong profit in H1 despite COVID-19

Accordingly, the department will rearrange medical staff in the city for more appropriate allocation of personnel in preventive work and treatment. Medical staff and last-year medical students joining in collecting samples for COVID-19 testing and vaccinations in districts and wards will be sent to quarantine facilities to monitor patients’ health and offer treatment to them. Youth union members and volunteer students from medical schools will work with local health sectors to collect samples and assist in vaccinations. As the number of patients is rising, mostly in locked-down areas and medical establishments, the department launched the 115 ambulance system in Thu Duc city, districts, wards and residential areas. It will also increase 115 ambulance vehicles equipped with medical equipment in the near future. Districts, wards and Thu Duc city were assigned to finish vaccinations for residents no later than August 31. Later, the department will maintain vaccination services for … [Read more...] about HCM City focuses on treatment to mitigate COVID-19 deaths

MoF suggests reducing trading board lot size from 100 to 10 on HSX The Ministry of Finance has suggested reducing the trading board lot size from 100 to 10 and providing favourable conditions for companies to list again on the Ho Chi Minh City Stock Exchange. Specifically, from July 5, the fresh trading system of the Ho Chi Minh City Stock Exchange (HSX) has officially been put into operation. According to the MoF, the congestion has been basically addressed, stabilising market sentiment, and demonstrating the drastic direction and management of the MoF. To further strengthen the role of securities market management and administration, the MoF required the SSC to follow the below nofitications: (1) Directing both local and foreign-invested securities companies, especially those holding large market shares to report on their technical system infrastructure in a bid to ensure stable and smooth trading. (2) Reviewing the new trading system. Moreover, HSX is encouraged to … [Read more...] about VIETNAM BUSINESS NEWS JULY 28

Vuong Dinh Hue (second from right) has become the 15th National Assembly Chairman The first session of the 15th National Assembly (NA) kicked off last Tuesday and officially re-elected Vuong Dinh Hue, Politburo member and Chairman of the 14th NA, to be the head of the 15th legislative body, with all 475 votes in favour. After the ballot, Hue took the oath of office, saying “Under the national flag and before the NA and constituents and people nationwide, I vow to be completely faithful to the country, people, and the Constitution of the Socialist Republic of Vietnam. I will do my utmost to accomplish all tasks assigned by the Party, the state, and the people.” On March 31, professor in economics Hue, who was also Secretary of the Hanoi Party Committee, became the new Chairman of the 14th legislature as well as chairman of the National Election Council. Replacing former NA Chairwoman Nguyen Thi Kim Ngan, 64-year-old Hue has become the 12th NA chairperson since 1946 when … [Read more...] about NA devotes itself to serving people

Tiki has tied up with MOCA to offer customers more cashless payment options. — VNS Photo Moca Technology and Services Corporation and Tiki Corporation have signed an agreement to expand cashless payment options and meet the rising demand for online shopping and digital payment, especially amid the COVID-19 restrictions. They hope to fully leverage their technological capabilities, eco-system strengths and user bases for mutual benefit. Through Moca’s first partnership with a major e-commerce platform, users of its e-wallet on Grab app can make online payments on Tiki and get more GrabRewards and Tiki Xu reward points for each purchase. Moca and Grab are already partners, and the three plan to closely collaborate to offer incentives to users. On the occasion of announcing the partnership, Moca and Tiki also launched a promotion programme with discounts of up to 50 per cent until July 31. Nguyen Xuan Viet Binh, CEO of Moca, said: “The partnership with Tiki will help Moca … [Read more...] about Payment company Moca signs deal with Tiki for growing cashless payments