US stocks rally again as China premier warns on Covid-hit economy, illustration photo source: freepik.com After a positive session in Europe, the S&P 500 finished Thursday's session up two percent, positioning the broad-based US index to potentially snap a seven-week losing streak depending on Friday's session. "The market was very oversold, and way overdue to bounce," Adam Sarhan of 50 Park Investment said shortly before the market closed. "And what's happening now, the market is bouncing pretty strong." Stock markets have taken a beating this year as central banks have begun to raise interest rates in order to curb the highest consumer price rises in decades. But US stocks pushed higher on Wednesday after investors took a positive view of the Federal Reserve minutes, which raised hopes that while the central bank would move aggressively to lift interest rates, it might be able to halt additional rate hikes as soon as this summer if inflation recedes. Wall Street kept … [Read more...] about US stocks rally again as China premier warns on Covid-hit economy
2030 un report
☕ Afternoon briefing on May 27
Hanoi, (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 27. – Deputies to the 15th National Assembly (NA) on May 27 discussed a report on the draft Law on Implementation of Democracy at Grassroots Level in their ongoing third session. According to Minister of Home Affairs Pham Thi Thanh Tra, the bill comprises seven chapters and 74 articles, adding many new contents to existing regulations in the field, including those on the implementation of democracy in agencies. Read full story – Upholding Vietnam’s peace-loving tradition and implementing the Party and State’s policy, over the past years, the Vietnam People’s Army (VPA) has sent officers and soldiers to participate in the United Nations (UN)’ peacekeeping missions, which has been supported by local people and appreciated by the UN and the international community. The spirit of dedication and responsibility of Vietnamese soldiers has helped spread the image of the … [Read more...] about ☕ Afternoon briefing on May 27
AFD, EU strengthen urban climate resilience in Vietnam
The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam
Lao leaders appreciate Ho Chi Minh City-Vientiane cooperation
During the meetings, Party General Secretary and President of Laos Thongloun Sisoulith, Prime Minister Phankham Viphavan, National Assembly Chairman Xaysomphone Phomvihane and President of the Lao Front for National Construction Central Committee Xinlavong Khoutphaythoun all spoke highly of the cooperation between the Vietnamese southern hub and Lao capital Vientiane as well as other localities of Laos. They affirmed that the Lao people are always grateful for HCM City’s support for and cooperation with not only Vientiane, Savannakhet and Champasak which have twin relations with the city, but also other Lao localities. The visit of the HCM City delegation will contribute to deepening the great friendship, special solidarity and comprehensive cooperation between the two countries, the Lao leaders said. They expressed a wish that HCM City will continue to share its experience in economic development with Vientiane and other Lao localities. The visiting HCM City official expressed … [Read more...] about Lao leaders appreciate Ho Chi Minh City-Vientiane cooperation
Seminar seeks measures to ensure food security and nutrition for people
The seminar was one of the activities to mark the 59th anniversary of Africa Day. Speaking at the opening ceremony, IAMES’s Head and VAECA’s President Le Phuoc Minh affirmed that as top research units on Africa of the Government, IAMES and VAECA wanted to cooperate with domestic and international organizations to annually hold Africa Day, considering it an important event to congratulate the African friends on the day as well as to strengthen mutual understanding and relationship between Vietnam and African countries. According to reports at the seminar, over the past 20 years, Vietnam has sent more than 2,000 agriculture experts to help African countries in growing rice and corn and raising fish under tripartite cooperation forms, such as the Food and Agriculture Organization – Africa – Vietnam, International Fund for Agricultural Development – Africa – Vietnam, and Japan International Cooperation Agency– Africa – Vietnam, among others. These cooperation programs have obtained … [Read more...] about Seminar seeks measures to ensure food security and nutrition for people
Draft revised law on domestic violence control submitted to parliament
Authorized by the Prime Minister, Minister of Culture, Sports and Tourism Nguyen Van Hung presented the proposal, noting that after nearly 15 years of enforcement, the law has helped improve public awareness of domestic violence prevention and control, thus protecting victims, dealing with domestic violence and legal violations, and improving gender equality in families. However, despite certain achievements, domestic violence remains a problem. Given this, the amendments aim to improve regulations so as to better protect human rights under the 2013 Constitution, enhance the efficiency and effectiveness of State and social institutions as well as families’ role in this issue, thereby upholding sound traditional cultural values and boosting socio-economic development in the new context, said Hung. Containing six chapters with 62 articles, the draft revised law focuses on measures for preventing domestic violence and protecting and assisting victims, coordination mechanisms and … [Read more...] about Draft revised law on domestic violence control submitted to parliament