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
Ensuring that employees are ready for training in terms of their attitudes
Russia to assist Vietnam in building e-government
Russia has agreed to assist Vietnam in building an e-government as well as help the Southeast Asian country ensure information safety, a Russian deputy minister for digital development said in Hanoi on Monday. Russian Deputy Minister of Digital Development, Communications and Mass Media Mikhail Mamonov is leading a delegation on a working visit to Vietnam from February 18 to 20. The guests, including Russian experts and firm representatives, had a working session with Vietnamese Minister and Chairman of the Government Office Mai Tien Dung in Hanoi on Monday. Vietnamese Prime Minister Nguyen Xuan Phuc established the National Committee on E-Government and assigned the Government Office to work with the Ministry of Information and Communications, and relevant agencies to build a detailed plan for the 2019-2020 period, Dung said at the meeting. Vietnam will launch platforms on data sharing and put into operation a national public services portal, with a view to building smart … [Read more...] about Russia to assist Vietnam in building e-government
HCMC Chairman Mai voted Chairman of Universities Council of Rectors
Mr. Phan Van Mai speaks at the meeting (PHoto: SGGP) At the first meeting of the Council of Rectors of Universities in the southern metropolis in 2022 at the University of Education yesterday, the council announced the decision to consolidate its personnel and proposed several new activities. The Council of Rectors in universities in HCMC was approved including Chairman of the Ho Chi Minh City People's Committee Phan Van Mai who was voted to be Chairman while Vice Chairman of the municipal People's Committee Duong Anh Duc was voted to be permanent Vice Chairman of the Council. Other vice chairmen of the Council include Director of Ho Chi Minh City Department of Education and Training Nguyen Van Hieu and Secretary of the Party Committee of HCMC Universities and Colleges Nguyen Thi Minh Hong. Members of the Council of Rectors of Universities in Ho Chi Minh City include 51 higher education institutions. The Rector's Council consists of six councils according to pedagogical … [Read more...] about HCMC Chairman Mai voted Chairman of Universities Council of Rectors
AMRO forecasts Vietnam’s strong recovery amid external headwinds
This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 - 18. “The Vietnamese economy is expected to grow at 6.3 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border restrictions and domestic containment measures were eased. The aggregate output gap is expected to narrow significantly by the end of this year. The recovery is, nevertheless, uneven across sectors. While both the manufacturing and service sector outputs have surpassed their 2019 levels, the service sector still has pockets of distress, especially in the tourism, hospitality and … [Read more...] about AMRO forecasts Vietnam’s strong recovery amid external headwinds
Vietjet reopens flights between Seoul and Vietnam’s beach destinations
Passengers on the first Vietjet Air flight from Seoul to Nha Trang. (Photo: vietjetair.com) Hanoi (VNA) – Celebrating a vibrant summer and welcoming life back to Vietnam's famous paradise beaches, budget carrier Vietjet has officially reopened flights connecting Seoul and Nha Trang, Phu Quoc and Hai Phong. The first flight back to Nha Trang from Seoul on May 20 was greeted with a water cannon salute, flowers and gifts, showing Vietnam’s warm hospitality to visitors. Vietjet plans to relaunch services from Seoul to Phu Quoc and Hai Phong and vice versa this May, raising the total routes linking Vietnam and the Republic of Korea to six, given that the two countries are expecting a new wave of tourists from both sides, after the RoK announced the resumption of short-term tourist visas for foreigners from June 1. There are currently three Nha Trang - Seoul (Incheon) round-trip flights weekly, on Wednesdays, Fridays and Sundays. Starting from May 21, Vietjet … [Read more...] about Vietjet reopens flights between Seoul and Vietnam’s beach destinations
Vietnam deserve SEA Games gold: Thai coach
"I hate defeat. But Vietnam were strong and they had the support of 40,000 fans. They defended well, played long balls and were patient. They also scored a great goal. Thailand also played well. We created many chances but couldn’t score. That’s football," Polking said. He added: "Vietnam got to play at home, they had three months of training with specific strategies. They had better possession and knew how to convert chances. The beautiful goal by Nham Manh Dung is proof that they deserve to be champions." Thailand’s attacking power was considered the strongest in SEA Games as they scored 13 goals before the final. However, they approached the first half differently, compared to other games. "Actually, Thailand’s playing style was still the same. When we played Indonesia, we didn’t need too much pressing, since the opponent didn’t know how to distribute the ball. We tried to press Vietnam but it’s hard to succeed because they have quite a solid defense. I told the players to be … [Read more...] about Vietnam deserve SEA Games gold: Thai coach