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The index started off in the green but gradually declined throughout the day and closed with a near 11-point drop, marking its third straight losing session. It has closed lower in six out of nine recent sessions, losing over 194 points this month. Trading on the Ho Chi Minh Stock Exchange, on which the index is based, fell by 28.4 percent to VND14.58 trillion ($631.3 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers gain, led by SSI of leading brokerage SSI Securities with a 5.8 percent rise. It was followed by PLX of fuel distributor Petrolimex, up 4.7 percent, and VRE of Vingroup's mall operator subsidiary Vincom Retail, up 3.8 percent. TPB of private lender TPBank gained 3.3 percent, and CTG of state-owned lender VietinBank rose 2.7 percent. Eleven blue chips fell, with MSN of conglomerate Masan Group and STB of HCMC-based lender Sacombank hitting floor prices and losing 6.9 percent. Other losers included BVH of insurance company … [Read more...] about VN-Index extends losses with last-minute sell-off

Prime Ministe Pham Minh Chinh addresses the Centre for Strategic and International Studies ( CSIS ) in Washington D.C. (Photo: VNA) Washington D.C. (VNA) – Prime Ministe Pham Minh Chinh has delivered a speech at the Centre for Strategic and International Studies (CSIS) in Washington D.C. during his ongoing working trip to US. The following is the full text of the speech. “SINCERITY, TRUST AND RESPONSIBILITY FOR A BETTER WORLD” Dear Dr. John Hamre, President and CEO of the Center for Strategic and International Studies, Ladies and gentlemen, I am very happy to visit the Center for Strategic and International Studies for the first time today, though this is far from the first time I hear of the CSIS, a top American think tank in the field of foreign strategies and policies and international issues. Seventy-seven years ago, President Ho Chi Minh, the national hero of Vietnam and great man of culture, prefaced the Declaration of Independence establishing the … [Read more...] about Remarks by PM Pham Minh Chinh at CSIS in Washington D.C

As Vietnam reopens its borders to tourism, attracting, developing and retaining a quality workforce has become the top priority for this industry. With borders reopened and tourism promotion campaigns launched in Vietnam, hotels, tour operators and ancillary service providers across the country might be facing a major problem: shortage of qualified labor. Dr Nuno F. Ribeiro, RMIT University Vietnam During the worst period of the pandemic in 2020-2021, many tourism organizations had to reduce their (experienced) workforce. A report by the Ministry of Culture, Sports and Tourism revealed that tourism businesses cut staff by 70-80% in 2020. In 2021, the number of full-time tourism employees was down to 25%  of the 2020 level, and about 30% quit their jobs or had their contracts terminated. These workers have either returned to their original employment prior to tourism and hospitality or they have found employment elsewhere. Now a great number of them are … [Read more...] about Hunt for human talent for tourism – Vietnam’s new normal: RMIT University

U23 Vietnam in a game with Timor-Leste (Photo: VNA) Hanoi (VNA) – All the 20,000 tickets have been sold for the final of the men’s football at the ongoing SEA Games 31 after being put up for sale online on March 15 morning. Each account created on the website digiticket.vn , authorised by the Games’ Organising Committee, is permitted to purchase no more than two tickets whose prices range from 300,000 VND (13 USD) to 500,000 VND. The match is to take place at the 40,000-seat National My Dinh Stadium in Hanoi on May 22. Apart from the 20,000 tickets, the Organising Board has also issued 20,000 invitation cards. Vietnam and Indonesia of Group A, which also includes Myanmar, the Philippines, and Timor-Leste, have earned a berth at the semifinals after scoring 10 and nine points, respectively. Malaysia and Thailand of Group B are likely to enter the semifinals. However, the official result will come after matches between Malaysia and Laos, and Thailand and … [Read more...] about SEA Games 31: tickets sold out for men’s football finals

The program, aiming to support the local people, was carried out right before the L2FH Rotation 3 departed for home after accomplishing its term and handing over the mission to the L2FH Rotation 4. On this occasion, 150 gifts, including notebooks, pencils were handed over to needy students with good academic outcomes. Meanwhile, the medical staff also presented 350 handmade face masks and 20 new sets of tables and chairs to the school. This was the second time that Vietnamese military doctors have come to Liech Primary School and brought meaningful and practical gifts to help the children there have better study condition. In addition, they also organized various games for the children like tug of war, shuttlecock kicking, and soccer. The female peacekeepers also taught South Sudanese students how to draw pictures. On this occasion, Director of L2FH Rotation 3 Lieutenant Colonel Trinh My Hoa wished the L2FH Rotation 4 to continue maintaining and further promoting the Vietnamese … [Read more...] about Vietnamese blue beret’s love spread in Bentiu, South Sudan

In a meeting with the Vietnamese community and businesses in Laos, per invitation of President of the Laotian National Assembly Saysomphone Phomvihane, various representatives said they wish for the Vietnamese government to continue actualizing policies so that commerce between the two countries could prosper. They also proposed for both Vietnam and Laos to foster labor cooperation and increase the number of yearly scholarships so Vietnamese nationals in Laos could go to Vietnam to study and receive medical diagnoses. Hue said Vietnam always encourages and provides opportunities for people to return to their country and invest in businesses. Vietnam also has support measures for the community in Laos to be "legally stable", as well as to preserve Vietnamese cultural characteristics. Labor cooperation between the two countries should be looked into, as many Vietnamese businesses in Laos currently lack workers, Hue said. He also requested Vietnam localities to provide scholarships … [Read more...] about NA chairman calls for labor cooperation between Vietnam, Laos