Heats record

Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up

Hanoi (VNA) – Vietnam’s garment-textile sector sets a target of 39 billion USD in export revenue this year, equal to that of 2019, according to the Vietnam National Textile and Garment Group (Vinatex). Last year, due to impacts of the COVID-19 pandemic, the US-China trade tensions, the trade protectionism and the Brexit, Vietnam’s garment-textile exports reached only 35 billion USD. However, the result is still remarkable given the global demand dropping over 22 percent. In 2020, Vietnam was the only among the world’s top five garment-textile exporters not to have to cease production. Vinatex recorded total revenue of 15.5 trillion VND (670.7 million USD) and combined profits of 628.9 billion VND, equal to 106 percent and 164.8 percent of the set targets, respectively. Vinatex Chairman Le Tien Truong suggested the Government cut long-term interest rates, elaborating that garment-textile firms would find it hard to access loans after a year of low business … [Read more...] about Garment-textile sector eyes 39 billion USD in export turnover

State-owned banks recorded mixed results. Of Vietnam’s three biggest lenders by assets, CTG of VietinBank added 0.9 percent, BID of BIDV kept its opening price and VCB of Vietcombank shed 0.7 percent. MBB of mid-sized Military Bank climbed 1.3 percent. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

Deputy Minister of Health Truong Quoc Cuong suggested that more guidelines should be given to coastal provinces and cities, including Khanh Hoa and Da Nang, to effectively control immigrants to Vietnam.COVID-19 Prevention and Control agreed on the need to continue applying long-term measures in the community, including the “5K message”, along with the acceleration of vaccine research and production. … [Read more...] about Vietnamese returning home via land border gates exempt from quarantine fees

As of today, the total number of issued shares of the Company ("Shares") is 1,934,221,000. Assuming there is no change in the total number of shares from today up to 29 January 2021 (the "Record Date"), the qualifying shareholders will receive one JBM Share for every eight Shares held on the Record Date. … [Read more...] about Jacobson Pharma’s Proposed Spin-off and Separate Listing of JBM (Healthcare) Limited on The Main Board of The Stock Exchange of Hong Kong Limited