Fashion market

Typical products of Bac Giang introduced at the event (Source: MoIT) Bac Giang (VNA) – The northern province of Bac Giang has rolled out various measures to bring “thieu” litchi – the locality’s specialty fruit – to more markets inside and outside the country. Recently, the province has coordinated with ministries of Industry and Trade, and Agriculture and Rural Development to organise an online conference on litchi sales in nearly 80 target markets at home and abroad. During the event, Bac Giang signed memoranda of understanding on cooperation in litchi selling with a number of e-commerce platforms and online sale channels . Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the quality of Bac Giang’s litchi was higher than in previous years. e-commerce platforms . Within the conference framework, Bac Giang leaders cut the … [Read more...] about Bac Giang works hard to bring “thieu” litchi to more markets

An off-shore rig operated by PV Gas. The company shares fell nearly 5.2 per cent yesterday, leading the market's downside. — Photo pvgas.com.vn The stock market settled lower on Tuesday as rising selling pressure hurt sentiment. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index reduced by 14.24 points, or nearly 1.2 per cent, to 1,181.29 points. It fell for the second day in a row. The market’s breadth was negative with 347 stocks declining, while 120 stocks increased. Liquidity, however, improved compared to the previous session, of which 612 million stocks were traded on the southern bourse, worth over VND13.8 trillion (US$591.1 million). The market’s benchmark continued the downside risk as sell-off force grew stronger at the end of the session. Saigon - Hanoi Securities JSC (SHS) said that the liquidity base has dropped sharply since last November. And the market's great falls in the past three months caused investors who just recently joined to lose. “Perhaps … [Read more...] about Shares tumble, VN-Index loses over 14 points

From the beginning of the trading session, financial stocks, such as banks and securities, gained positively, keeping the VN-Index from falling sharply even though many sectors were flooded in the red. Banking stocks that climbed the most on the floor at approximately 3 percent were VIB, BID, TCB, CTG, and MBB. Securities stocks, like VCI, HCM, and VND, also remained in an upward trend. Besides, penny-chip stocks, like HAG, AMD, ITA, and HNG, and steel stocks, including HPG, HSG, and NKG, also went up because of vibrant trading. In contrast, energy and seafood stocks dropped sharply. Specifically, VHC declined by 4.2 percent, ACL retreated by 5.1 percent, NT2 sank by 5.6 percent, VSH slumped by 4.9 percent, and REE slid by 3.5 percent. As a result, the market still dropped slightly. Closing the morning session, the VN-Index deleted 4.5 points, or 0.38 percent, to 1,191.03 points. On the Hanoi Stock Exchange, the HNX-Index also went down by 2.04 points, or 0.73 percent, to 279.15 … [Read more...] about VN-Index loses nearly 15 points on selling pressure

True Italian Taste 2022's theme of “Authentic Italian Table - Italian Breakfast & Aperitivo” introduces an overview of Italian breakfast – its practice, special features and local staples of Tuscany region. (Photo courtesy of Multimedia JSC) HCM City (VNS/VNA) - True Italian Taste 2022, a project aiming to promote authentic Italian cuisine to the world, has kicked off in Vietnam. The project is promoted and financed by the Italian Minister of Foreign Affairs and International Cooperation to promote and safeguard authentic and quality Italian products. It is coordinated by Assocamerestero (Association of Italian Chambers of Commerce Abroad) in collaboration with the Italian Chamber of Commerce in Vietnam (ICHAM), with the patronage of the Embassy of Italy in Vietnam. The theme of this year’s project is “Authentic Italian Table - Italian Breakfast & Aperitivo” which introduces an overview of Italian breakfast – its practice, special features and local staples of the … [Read more...] about True Italian Taste 2022 promotes Italian cuisine in Vietnam

A part of the Ha Noi Highway in HCM City, a project in which the HCM City Infrastructure Investment JSC is the main contractor. — Photo nhipcaudautu.vn Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) plans to sell another 10 million shares of Nam Bay Bay Investment Joint Stock Company (NBB) under agreement method. If the transaction is successful, CII will reduce its ownership from 47.5 million shares of NBB, equivalent to 47.5 per cent of capital, to 37.5 million shares, or 37.5 per cent of capital. The expected implementation time is from July 7 to August 5. Previously, from June 6 to July 4, CII completed the sale of 1.5 million NBB shares out of 10 million registered units, thereby reducing its ownership to 47.5 million shares as present. The reason for not completing the transaction was that the expected selling price had not been reached. As of December 31, 2021, CII is the parent company of NBB, holding 65.4 per cent of the charter capital. … [Read more...] about CII to sell 10 million shares of Nam Bay Bay

Industry 4.0 was driving a boom of digital and virtual assets, requiring regulations to be raised to ensure its on-track development and management of asset ownership rights. — Photo laodong.vn Viet Nam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights. Currently, digital and virtual assets have not been recognised as property in Viet Nam. Experts said that the existing legal framework of Viet Nam was encountering difficulties in tolerating new types of assets in the Industry 4.0 era. Le Thuy Nga from the Institute of Legal Science pointed out that Viet Nam had not had a legal corridor to identify the owners and transactions of assets of new technology applications. This caused uncertainty in protecting individuals' rights or interests in the holding, transferring, and inheritance of crypto assets, especially … [Read more...] about VN needs regulations of digital, virtual assets