Amid stock price

Budget eateries offering each meal at a mere VND1,000 (US$0.04), VND5,000 ($21), or for free in Ho Chi Minh City are warming the hearts of low-income workers and disadvantaged people amid surging goods prices. Situated at 317 Trung My Tay 13 Street in District 12, Ho Chi Minh City, the eatery run by Tran Thi Dung and her husband serves offal porridge for disabled and elderly people and lottery ticket vendors. Tran Thi Dung recounted that three years ago, her husband was severely injured in a traffic accident so she took him to their hometown for care and treatment. When he was in good health again, they returned to the city to do business. The couple decided to open a low-cost eatery as a way to lend a helping hand to the underprivileged. “We charge no money to customers who are disabled and sell lottery tickets, but some still pay VND5,000 for their meal as they don’t want to be indebted to anyone. “Receiving their thanks for our acts makes me happy and indefatigable.” … [Read more...] about Low-cost meals for the underprivileged in Ho Chi Minh City

Brent crude futures fell 27 cents, or 0.3%, to $97.88 a barrel by 0034 GMT after settling 1.5% lower on Friday. U.S. West Texas Intermediate crude was at $91.87 a barrel, down 22 cents, or 0.2%, following a 2.4% drop in the previous session. Saudi Aramco stands ready to raise crude oil output to its maximum capacity of 12 million barrels per day (bpd) if requested to do so by the Saudi Arabian government, Chief Executive Amin Nasser told reporters on Sunday. "We are confident of our ability to ramp up to 12 million bpd any time there is a need or a call from the government or from the ministry of energy to increase our production," Nasser said. He added that China's easing of Covid-19 restrictions and a pickup in the aviation industry could add to demand. Investors are looking ahead to China economic data later on Monday for demand cues at the world's top crude oil importer. Oil prices rebounded more than 3% last week after a damaged oil pipeline component disrupted output at … [Read more...] about Oil prices ease as Aramco says ready to boost crude output

Illustration. (Photo: doanhnghiephoinhap.vn) Hanoi (VNA) – Foreign investors net purchased 14.8 million stocks, worth some 80 billion VND (3,42 million USD) during the week from August 8 – 12, showing that the Vietnamese securities market remained attractive to them. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) has risen for the fifth week straight on the back of oil, steel and electricity securities , after hitting a bottom of around 1,140 points in early July. It ended the week at 1,262.33 points, 9.59 points higher than the previous week, gradually approaching the next resistance zone of 1260–1285 points. On the Hanoi Stock Exchange (HNX), the HNX-Index picked up 3.52 points to settle at 303.42 points on August 12. UPCoM-Index also inched up 1.52 points to 92.84 points./. VNA … [Read more...] about Vietnam stock market remains attractive to foreign investors

Two traders at the trading floor of DSC Securities Co in Ha Noi. Investors can consider selectively disbursing and accumulating stocks with growth prospects in the third quarter of 2022. — VNA/VNS Photo Vietnamese shares are forecast to continue their upward trend this week as profit-taking pressure is cooling down significantly. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.82 per cent to close Friday at 1,262.33 points. An average of 99.2 million shares was traded on the southern exchange during each session last week, worth VND1.9 trillion (US$81.2 million). Since setting a bottom of around 1,140 points at the beginning of July 2022, last week was the 5th week of the VN-Index's continued upward recovery and this index has surpassed the threshold of 1,260 points, said Sai Gon-Ha Noi Securities JSC (SHS). According to analysts, foreign investors continued to be net buyers, especially on HOSE, where foreign investors had the 4th consecutive week of net buying, … [Read more...] about Shares to keep upward trend this week: brokers

Wild orchid plants are transplanted on a tree in the courtyard of Dak Lak Provincial Museum. (Photo: SGGP) The Vietnam Association for the Conservation of Wild Orchids, the Institute of Biotechnology and Environment under Tay Nguyen University, Orchid Lovers 47, Dak Lak Urban and Environment Joint Stock Company, and Dak Lak Orchid Association, in collaboration with Dak Lak Provincial Museum, organized the program ‘Bringing wild orchids back to nature’ on August 14. Accordingly, tens of thousands of wild orchids have been sent there by orchid lovers across the country to be grafted onto the trees in the courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace. Thousands of wild orchid plants are sent to Dak Lak Province by wild orchid lovers across the country. (Photo: SGGP) The courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace has an area of more than 6 hectares, considered a biodiversity area in the center of Buon Ma Thuot City with many rare … [Read more...] about Thousands of wild orchid plants brought back to nature

The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months