The Vietnam National Administraiton of Tourism (VNAT) estimates that the number of foreign travelers to Vietnam has been 3.7 million this year, a sharp fall of 80 percent compared with 2019. The number of domestic travelers is predicted to decrease by 50 percent despite a lot of sale promotion programs. … [Read more...] about Vietnam’s tourism industry loses $23 billion because of Covid-19
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A way out In order to secure the set overspending for this year of VND368.3 trillion ($16 billion), the NA has assigned the government to make great efforts to “increase revenues and radically reduce spending”, and “seek more loans in order to offset state budget overspending in a manner suitable to the speed of central revenue collection and budget disbursement in 2020.” … [Read more...] about Budget rise to cushion country’s growth hopes
Understandably, with the current economic climate, donations to the H.O.P.E animal shelter located in Pekan Nenas, Johor have reduced greatly. Daily, H.O.P.E feeds an average of 1.2 tonnes (1,200 kg) of pet food to over 3,000 dogs and 200 cats that it is currently sheltering. This works out to more than RM140,000 needed to ensure these furry friends are fed on a monthly basis; and this is on top of the RM20,000 incurred for medical expenses and miscellaneous. … [Read more...] about Shop for a Cause, Shop for H.O.P.E.
Hanoi (VNS/VNA) - Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital. The Hanoi Stock Exchange (HNX) has approved the additional listing of more than 498.8 million shares in Asia Commercial bank (ACB), which will be issued to pay dividends to its shareholders next month. Once completed, the bank’s charter capital will increase to nearly 21.62 trillion VND (932 million USD) from 16.63 trillion VND. Despite being the largest listed bank on the HNX, the HCM City-based lender is planning to shift to the Ho Chi Minh Stock Exchange (HoSE) in the last two months of this year. The bank's share value is expected to rise after the move as it will be eligible to be added to the sub-indices on HoSE such as the VN30, VNDiamond, VNFinSelect and VNFinLead. Military Bank (HoSE: MBB) has also sent confirmation to the State Securities Commission (SSC) … [Read more...] about Billions of banking stocks to flood market under dividend plans
“We would love it if we could get jobs for all of the kids when they graduate, but unfortunately it’s not possible in this area of central Viet Nam and probably in many areas around the world. … [Read more...] about UK woman offers new lease of life for disabled children