Asia stock market update

The market fell on Tuesday morning, weighed on by sharp declines of energy and seafood stocks. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) continued down. It finished the morning trade at 1,191.03 points, down 4.5 points, or 0.38 per cent. The market's breadth was negative, while liquidity jumped compared to the previous session. Accordingly, over VND6.5 trillion (US$279 million) worth of shares, equal to a trading volume of nearly 275 million shares, was traded on the southern market. Strong selling pressure hurt investors sentiment this morning, causing big losses in energy and seafood stocks. However, the VN30-Index, which tracks 30 biggest stocks on HoSE, still gained 0.62 points, or 0.05 per cent, to 1,248.99 point. In the VN30 basket, 12 stocks increased, while 15 slid and three were unchanged. PV Gas (GAS) led the downtrend this morning, posting a decline of 3.68 per cent. Other energy stocks weighing the downside were PV POWER (POW), down nearly 1.5 per … [Read more...] about Market hurt by losses in energy and seafood stocks

Three major cities of Vietnam are distinguished with the annual prestigious awards of Travel & Leisure. The United States-based magazine Travel & Leisure has recently unveiled its 2022 Asia’s Best Awards with suggestions about the best travel destinations around the world. Accordingly, Hanoi, Danang, and Ho Chi Minh City are among the Top Ten “Best Cities in Southeast Asia” Hanoi- the thousand-year-old charming city President Ho Chi Minh Mausoleum in Hanoi. Photo: Cao Anh Tuan Ranked fifth on the list of Travel & Leisure , the charming capital city of Vietnam- Hanoi is a must-see travel destination for foreign travelers to the country. The fact is that the city is very peaceful and very welcoming to foreigners. It has a low crime rate, great tropical weather, and is easy to balance work life and fun, according to Bill Noland, an Aussie digital nomad in Hanoi. “It takes me around VND10 million or $428 for a convenient accommodation … [Read more...] about Hanoi among Top 10 cities in Southeast Asia

Lai Vung tangerines (in Dong Thap Province) are grown under VietGAP standards In particular, the Chinese market favors mangoes, longans, lychees, dragon fruits, watermelons, bananas, rambutans, jackfruits, and mangosteens. However, the EU market prefers canned tropical fruits and juice. The markets of Japan, Australia, New Zealand love dragon fruits, mangoes, lychees, rambutans; while the US market is fond of grapefruits, mangoes, star apples, rambutans, longans, lychees, dragon fruits. The US now occupies the largest exported produce market share in Vietnam, followed by China, Japan, and the Republic of Korea (RoK). Each of them has its own technical barriers to trade. For instance, picky markets of the US, Japan, RoK, Taiwan, New Zealand, Australia, Chile, and Argentina require exported produce to meet their technical criteria and has a traceability system (codes of growing area, packing company, agro-product processing manufacturer). They send their own technicians to … [Read more...] about Vietnamese produce determinedly expands to international markets

Hanoi, (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 4. – The Presidential Office in coordination with relevant ministries and agencies held an international press conference in Hanoi on July 4 to announce the President’s amnesty decision on the occasion of National Day (September 2). The beneficiaries include those who are serving their fixed-term sentences in jail, those who have life sentences reduced and those who have sentences suspended, with the serving time to be considered for amnesty calculated until August 31. Read full story – President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh have sent congratulations to US President Joe Biden on the 246th Independence Day of the country (July 4, 1776 - 2022). Chairman of the National Assembly Vuong Dinh Hue also extended greetings to President of the Senate Kamala Harris and Speaker of the House of Representatives Nancy Pelosi. Read full story – Vietnam … [Read more...] about ☕ Afternoon briefing on July 4

Nguyen Tan Danh, chairman and Andy Han, CEO (second and third from left) received the awards from Asia Pacific Property Awards in London The ceremony took place over the weekend at the Sheraton Grand London Park Lane in the UK. The event was one of the largest and the most credible awards in the real estate industry that aims to honour the leading developers, projects, and designers in the Asia-Pacific region. The Filmore Da Nang has surpassed many other reputable projects in the same segment to take home three major awards. In addition, The Filmore Da Nang was nominated for the next international round of The Best Apartment/Condominium in Asia-Pacific. The Filmore Da Nang has not only attracted investors and the jury’s hearts with its design and premium finishes but also impressed with its values. This year, the Asia Pacific Property Awards received more than 1,000 entries for the regional round from residential and commercial projects throughout Asia-Pacific. … [Read more...] about The Filmore Da Nang scoops prestigious awards in the UK

Hanoi, (VNA) - The following is a list of selected news summaries over the weekend by the Vietnam News Agency. – Prime Minister Pham Minh Chinh has ordered faster administration of the third and fourth doses of COVID-19 vaccine as part of measures against the unpredictable pandemic situation, especially when the sub-variant BA.5 has appeared in Vietnam and raised the risk of a new wave of coronavirus infections. According to the Government Office, to enhance pandemic control and create favourable conditions for socio-economic recovery and development, the Government leader has assigned Deputy PM Vu Duc Dam to continue directing the Ministry of Health, other ministries and sectors, and 63 provincial-level localities to drastically carry out anti-pandemic measures, especially accelerating COVID-19 vaccination. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue's visits to Hungary and the UK from June 26-30 concluded successfully, thus greatly promoting the … [Read more...] about ☀ Morning digest on July 4