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Hopefully end of sentence

Struggling giants Hanoi FC hope COVID-19 break gives them a lift

March 4, 2021 by vietnamnet.vn

The enforced rest due to the COVID-19 pandemic may have been a boon for the country’s two best-supported teams Hanoi FC and Hoang Anh Gia Lai ahead of the mid-March restart.

Struggling giants Hanoi FC hope COVID-19 break gives them a lift
Hanoi FC midfielder Nguyen Quang Hai (centre) and teammates are working hard for the return of the V.League 1 tournament after a three-week rest due to COVID-19. Photo hanoi-fc.com.vn

Hanoi are rooted to the bottom of the table with two losses in two matches, a shock for the five-time champions.

“We did not have a good start with two defeats. We will have to prepare carefully for every coming match and play well because of the tough format of the tournament,” said coach Chu Dinh Nghiem.

“Our target is the top six first, then we could vie for the title in the second period,” he said.

After the Tet (Lunar New Year) holiday, Nghiem and his players all tested negative for the coronavirus and returned to training.

They have also welcomed the return of key defenders Tran Dinh Trong and Do Duy Manh after recovery from injuries.

“They both can follow the teams’ training plan. It is a good sign for all of us,” Nghiem told reporters.

He also said that midfielder Moses Oloya who could not play in the previous matches due to a leg injury will be back in action.

Speaking with media, star midfielder Nguyen Quang Hai is excited to play again soon.

“I really hope the pandemic is controlled well for the return of competitions. My club is struggling and under heavy pressure (after losses). We will have to overcome challenges to find ourselves,” he said.

“No one is happy with a loss of course, but we can learn about ourselves from it. We will stand up from where we collapsed and fight back strongly. Nothing could force us to give up our initial target of winning the V.League 1 title and it would be more wonderful if we could conquer the AFC Cup too,” he added.

Hanoi, which recently extended defender Tran Van Kien’s contract to 2023, are now seeking opponents for friendly matches in the coming days.

They will visit Hai Phong FC at Lach Tray Stadium on March 13 when the league restarts.

Time for deep understanding

Thai coach Kiatisuk Senamuang of Hoang Anh Gia Lai believes he understands his players better thanks to the extra preparation time the COVID-19 pause gave them.

“The postponement came reluctantly but personally I think it is good for teams with more time for preparing. I am closer with the players when spending more time with them in both training and daily activities,” he said.

He said the first two rounds of fixtures were like a pre-V.League 1 tournament for teams to test their line-ups, personnel and tactics.

“My players are happy to play again in the next few weeks and grab the best results. We want to take the championship trophy,” said the Thai football legend.

After two matches, Senamuang experienced one win and one loss which put his team in ninth position.

Hoang Anh Gia Lai will host Topenland Binh Dinh on home turf on March 14 and Senamuang hopes to have the stands packed with fans.

In that match, the hosts will face their former striker Rimario Gordon, who failed to score a single goal in 10 matches for HAGL in the 2018 season but netted a solid goal return for Thanh Hoa and Hanoi before signing a contract with Binh Dinh this year.

Gordon has scored one goal in two matches this season and is keen to punish his former team.

Speaking about his team’s preparation, Binh Dinh coach Nguyen Duc Thang said: “Following the new schedule, teams must play in tougher time table (three matches in 10 days). It requires strong physique from players, then teams in general and Binh Dinh, in particular, must have their own plan to make sure players’ best conditions and avoid injuries.”

Hoang Anh Gia Lai will play a friendly match with V.League 2 side People’s Police while Binh Dinh will play V.League 2 Khanh Hoa in Nha Trang before their match in the Central Highlands’ Pleiku City.

Other matches will be between SHB Da Nang and Hong Linh Ha Tinh on March 13, Quang Ninh and HCM City and Viettel and Becamex Binh Duong on March 14.

The league organisers, the Vietnam Professional Football Joint Stock Company (VPF), has only rescheduled 10 rounds of fixtures for the first half of the league season.

The league will pause again in mid-April when players are summoned for the national teams and some clubs take part in continental competitions.

The season will resume in July and is expected to end in September.

The V.League 2 matches will begin on March 19 while the National Cup will start in April with the exact date being confirmed later.

Local authorities will decide if supporters are allowed to attend matches.  VNS

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Diageo Vietnam helps Vietnamese get free vaccination

March 5, 2021 by ven.vn

diageo vietnam helps vietnamese get free vaccination

Diageo Vietnam is one of the first businesses in the country joining hands with Tuoi Tre (Youth Newspaper) to help up to ten thousand of frontline workers who work at medical centers, hospitals and centrally quarantine centers in Vietnam, to get vaccinated for free this year.

Having launched at the end of February, following the success of the 1-year long campaign “Preventing Covid-19 with Tuoi Tre”, the campaign aims to raise funds from individuals, organizations, and businesses for such a meaningful and highly practical activity. Through this tangible contribution, Diageo Vietnam demonstrates its commitment to joining hands with Vietnamese people to combat Covid-19, while facilitating safety for local communities in the new normal.

Throughout 2020, Vietnam has marked its name in the global map as a success story of keeping Covid-19 transmission under control and mitigating the pandemic’s adverse effect on all socioeconomic aspects. Strict quarantine and contact tracing measures alongside medical prevention and treatment efforts, empowered by the strong consensus between the Government and people across the country, have proven their values and helped Vietnam make the miracle.

The success of disease prevention and control activities in Vietnam lies in the ability to mobilize extensive resources and connect individuals and organizations under the same cause, which is to prevent Covid outbreak and protect the community. Those noble qualities have inspired companies like Diageo Vietnam to take bold moves and contribute their part.

Mr. Jos Duursema, Chief Operating Officer of Diageo Vietnam said: “ As a British business operating in Vietnam, we are proud to accompany and support the local communities in every possible way to protect their well-being and promote sustainable development for the country. Diageo Vietnam hopes to secure more opportunities to access effective prevention and treatment of Covid-19, hence empowers Vietnamese people with the freedom to live a healthy and successful life.”

The sense of values and purposes guides Diageo’s business operations and social activities on a global scale. Last June in Vietnam, Diageo Vietnam partnered with the Central Committee of the Vietnam Fatherland Front to present the Ministry of Health with 18,600 hand sanitizer bottles worth VND670 million, alongside its campaign “Clean Serve by Diageo” which provided sanitizing kits and guidelines for more than 315 bars and clubs across the country. Under the campaign’s framework, Diageo hosted a much-anticipated livestreaming session, where the brand’s ambassador shared advice and tips to more than 2,000 participants on how to maintain hygiene and secure experience as they serve customers.

PV

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Many solutions to prevent network congestion on HoSE

March 4, 2021 by sggpnews.org.vn

Meanwhile, on the Hanoi Stock Exchange (HNX), the HNX-Index made a breakthrough of nearly 3 percent. At the end of the trading session, the VN-Index inched up by 0.34 points, or 0.03 percent, to close at 1,186.95 points, with 270 gainers, 168 losers, and 64 unchanged stocks. The HNX-Index jumped 6.16 points, or 2.48 percent, to 254.1 points, with 137 gainers, 66 losers, and 57 unchanged stocks.

Foreign investors continued to net sell nearly VND500 billion on the whole market. Of which, they net sold VND470 billion on the HoSE. Liquidity remained at a high level with a total trading volume of 819 million shares, worth more than VND18.1 trillion. Of which, put-through transactions accounted for nearly VND1.77 trillion.

The stock market traded with caution from investors after the new General Director of the HoSE Le Hai Tra spoke in the media about a solution to prevent network congestion, which possibly is to raise the minimum round lot from 100 shares to 1,000 shares to reduce the load for the trading system.

According to the HoSE’s calculations, increasing the round lot to 1,000 shares can reduce the total number of trading orders by 40-50 percent, at the same time, it can pave the way for new heights of market liquidity.

Mr. Tra said that that might only be a temporary solution to solve the current network congestion situation. In the future, when the new stock trading system comes into operation, there will be an odd-lot board, and it is also possible to return to the current round lot of 100 units. However, this opinion faced considerable opposition from investors because it will make it difficult for investors, especially small investors. Because they will have to spend 10 times as much as currently to buy stocks on the HoSE.

Another solution to prevent network congestion for the HoSE is to transfer some stocks from the HoSE to the HNX, the State Securities Commission (SSC) has just sent documents to the HoSE, the HNX, and the Vietnam Securities Depository (VSD) on this.

Accordingly, the SSC requested the HNX to promptly accept and receive listed companies from the HoSE, without reviewing their records following the new listing process. The transaction mechanisms, transaction supervision, listing management, reporting, and information disclosure will be applied the same as companies listed on the HNX. The HoSE and the HNX will cooperate in supervising transactions for these stocks to ensure continuity of supervision.

Noticeably, the SSC stated clearly that shares of transferred companies, which are currently in the set of the VN-Index indicators of the HoSE will be removed from the set of HoSE indicators during the temporary transfer to the HNX. At present, SSC will temporarily not consider transferring the shares of companies currently in the VN30-Index.

The SSC also requested the HNX, the HoSE, and the VSD to urgently handle the issue so that enterprises can transfer the transactions of their shares similarly to the listing transfer cases that have been carried out so far. This mechanism will be applied from March 3 this year.

By Nhung Nguyen – Translated by Thuy Doan

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E-commerce platforms help “rescue” agricultural products

March 5, 2021 by vietnamnet.vn

E-commerce platforms are effective tools that can help farmers reduce losses when there is an oversupply of produce and sales are slow.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

In Gia Loc district in Hai Duong province on March 2, the roads were very quiet even though in a few hours the social isolation order would expire (at 0:00 on March 3).

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Somewhere in the fields were farmers who were still doing their daily work. For them, their fields must be taken care of every day.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

With more than 93,000 hectares of agricultural land, accounting for 56.5% of the total area, Hai Duong is among provinces with a large agricultural production area. Its main agricultural products are vegetables, fruits, livestock and poultry.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Before the pandemic, the biggest difficulty for local farmers was the connection between producers and consumers. During the pandemic, because of the blockade and restriction of means of travel, the difficulties multiplied.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Born into a family with a farming tradition, like many previous generations, the life of Mr. Do Van Chung (a resident of Quang Bi village, Pham Tran commune, Gia Loc district, Hai Duong) has been associated with the field.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Chung’s family grows vegetables such as kohlrabi, cabbage, cauliflower, gourd, squash, melon and others, with an average output of about 2 tons per acre and yield VND7-8 million ($300-400) per acre each year.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

As Hai Duong was under isolation, the transport of farm produce from Hai Duong to other provinces was affected. Earning his living by cultivating vegetables for many years, Chung complained that he has never faced such difficulties. In previous years, he harvested 4 tons of cabbage and earned VND14-16 million from two sao (1 sao = 360m2) of cultivation area. But he cannot find buyers and is not sure if he can earn VND2 million from each sao.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Mr. Phung Danh Ut, the owner of Ut Them organic melon garden in Gia Loc district, was luckier than Chung as he had signed a melon sales contract with a local agricultural cooperative.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

In addition to growing melons in a net house, the farmer also grows kohlrabi and cabbage. Though he was able to sell his agricultural produce, his profit dropped because the prices of agricultural products this year are not as good as in previous years, and consumption is also sluggish.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

To solve the problem, Hai Duong provincial authorities decided to utilize IT to boost the distribution of products. Some groups have been set up on Zalo, with the participation of farmers and businesses inside and outside the province. Farmers can advertise their products on these groups to find buyers. Thanks to these “bridges”, hundreds of tons of vegetables, fruits and poultry in Hai Duong have been sold to the market.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

In order to fully solve the problem of Hai Duong’s agricultural produce, a delegation of Viettel Post Corporation led by General Director Tran Trung Hung paid a field visit to Hai Duong to observe the consumption of agricultural products in the area.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Based on its strong delivery services, Viettel Post is trying to help Hai Duong farmers to change the way of selling their products by using digital technology. This can be performed through its Voso e-commerce platform.

Lên sàn giải cứu, đưa nông sản đến tận tay người mua

Viettel Post uses a smart logistics system which delivers vegetables directly to consumers within a short time after harvesting to ensure the freshness of produce.

The consumption of agricultural produces in this way will help stabilize the output for the farmer. The value that farmers receive will also be higher thanks to direct access to the end users. This is considered the most effective solution to solve the root of the common “problem” for Vietnamese farmers.

Trong Dat

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Prudential, Maritime Bank extend bancassurance partnership for 15 years

March 5, 2021 by en.vietnamplus.vn

Prudential, Maritime Bank extend bancassurance partnership for 15 years hinh anh 1 Prudential Vietnam and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership (Photo courtesy of Prudential Vietnam)

HCM City (VNS/VNA) – Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential Plc , and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years.

The new agreement significantly expands the geographical scope to include the north, where MSB is headquartered, and make Prudential the lender’s only partner.

They have been collaborating since 2013 and built a highly successful bancassurance partnership which delivered a 34 percent compounded annual growth rate in annual premium equivalent between 2014 and 2020.

Under the renewed partnership, the two sides will also expand into new segments, including digital, to deliver holistic protection solutions to customers.

With a digital-focused approach that is aligned with MSB and Prudential’s plans to leverage existing digital tools such as the latter’s artificial intelligence-powered application Pulse, they hope to seize further growth opportunities.

Nic Nicandrou, Chief Executive of Prudential Corporation Asia, said: “Vietnam is an important market and source of growth for Prudential. The renewal and expansion of our long-term partnership with MSB represents a tremendous opportunity for Prudential to build on its strong presence in the market. It is a clear demonstration of our commitment to serving MSB’s customers, helping them get the most out of life with our leading suite of health and wealth solutions.”

Phuong Tien Minh, Chief Executive Officer of Prudential Vietnam, said: “Prudential Vietnam has built a highly-effective bancassurance partnership with MSB since 2013.

“We are delighted to be taking the partnership to the next level as we deliver our innovative offerings to MSB’s customers through existing as well as new channels, including digital. We look forward to continuing our strong relationship with MSB for another 15 years.”

Nguyen Hoang Linh, Chief Executive Officer of MSB, said: “We have enjoyed a very successful partnership with Prudential Vietnam and this reinforced our decision to extend the partnership and expand its scope to cover all of Vietnam.

“Together with Prudential Vietnam, we will remain focused on providing best-in-class financial and investment solutions to consumers across the country, helping them fulfil their evolving needs and providing them with a secure future.”/.

VNA

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Insiders make suggestions to maintain sustainable export growth

March 5, 2021 by en.vietnamplus.vn

Insiders make suggestions to maintain sustainable export growth hinh anh 1 Tra fish processed for export (Photo: VNA)

Hanoi (VNA) – Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth , according to insiders.

Statistics of the Ministry of Industry and Trade (MoIT) shows that Vietnam’s import-export value reached 95.8 billion USD in the first two months of 2021, up 24.5 percent year-on-year. Of the total, exports were valued at 48.55 billion USD, up 23.2 percent, and imports 47.26 billion USD, up 25.9 percent.

During January-February, Vietnam enjoyed a trade surplus of 1.29 billion USD, down from the 1.8 billion USD seen in the same period last year. The domestic sector posted a trade deficit of 4.14 billion USD, while the FDI sector, including crude oil, saw a trade surplus of 5.43 billion USD.

At the Government’s February regular meeting, MoIT Minister Tran Tuan Anh set a target of 4-5 percent in export growth in 2021.

To that end, MoIT Deputy Minister Cao Quoc Hung said that the ministry is considering a new strategy on import-export activities in the coming time to be submitted to the Prime Minister for issuance.

In addition, the ministry will continue engaging in negotiations and perfecting relevant institutions on free trade agreements (FTAs), including issues related to the rule of origins so as to help business better optimize advantages of the agreements.

It will also consolidate and expand export markets, bring into full play opportunities brought about by existing FTAs, diversify import and export markets, diversify exported products, increase the competitiveness of exported products, and develop brands so as to achieve sustainable export development, Hung added./.

VNA

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