Appealing in court

An employee passes electronic boards showing share prices inside Hồ Chí Minh Stock Exchange in HCM City. — VNA/VNS Photo Hữu Khoa HÀ NỘI — An upgrade to emerging status will not only help the stock market develop quickly, transparently and sustainably, but also attract huge foreign capital inflows, said experts. Recently, the Government has directed to purge the market and improve the trading system’s capacity, showing its determination to enhance the quality of the stock market. The refinement is to protect investors and open a door for the Vietnamese stock market to be upgraded from a frontier to an emerging market. Prime Minister Phạm Minh Chính has taken an interest in the development of the capital market and the stock market, including the matter of upgrading the market. During a trip to attend the ASEAN-US Special Summit, on May 16, the PM visited the New York Stock Exchange (NYSE) – the largest stock exchange in the world – hoping it supports and shares experience to … [Read more...] about Upgrading the market for the sake of all participants

Rising labour and production costs have prompted some relocation but HCM City remains an appealing investment destination given its market size and speedy recovery, experts say. HCM City Chairman Phan Văn Mãi (second from left) speaks with representatives of businesses on the sidelines of a conference between city leaders and foreign investors last Friday. Speaking at a meeting between city leaders and foreign investors late last week, Hirai Shinji, chief representative of the Japan External Trade Organisation (JETRO) in HCM City, said while more manufacturers were looking to relocate their production to other provinces because of rising labour costs and land rents in HCM City, the city remained a popular investment destination. A recent JETRO survey attributed it to the city’s great economic growth potential and market size, he said. HCM City has been praised for its achievements in speedy post-pandemic economic recovery, he added. Mary … [Read more...] about HCM City growth remains an X factor: foreign investors

The image of Uncle Hồ was depicted faithfully in the play "The 72nd Letter".  — Photo courtesy of Lệ Ngọc Theatre HÀ NỘI — The newly premiered play ' Lá đơn thứ 72' at Lệ Ngọc Theatre evoked strong emotions in the audience due to its accurate depiction of President Hồ Chí Minh, who always fought for the underprivileged. Hoàng Thanh Du, the play's author, said that it was based on real documents of lawyer Nguyễn Trọng Tỵ,  former Judge of the Supreme People's Court, who helped clarify many wrongful conviction cases. ' Lá đơn thứ 72' (The 72nd Letter) tells the story of Đỗ Minh, a Party member and former local official who was sentenced to eight years in prison for murder. To prove his innocence, Minh penned a series of letters pleading for help while in prison. After 72 consecutive letters, his request reached President Hồ Chí Minh. Uncle Hồ then sought a re-investigation of this case after noticing Minh's compliance with prison … [Read more...] about Historical play on President Hồ Chí Minh released