Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy
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Hanoi envisages to become international trade hub
The municipal Department of Industry and Trade plans to lure more investments, and outline support measures and programmes to encourage businesses to land investment in modern distribution and sales systems such as shopping malls and supermarkets. It is striving to develop five regional-level wholesale centres, ten regional-level shopping malls, 12 logistics centres, 68 trade centres, 850 supermarkets and 140 markets. Besides, Hanoi, which houses to 6,000 information technology firms and two IT parks, has taken lead in the country in terms of ICT revenue. Furthermore, the capital city has witnessed the sound development of infrastructure at industrial zones, with 17 high-tech industrial parks, 70 industrial clusters with stable operation, and 43 newly-established industrial clusters. Handicraft industry has been encouraged and received support, with 1,350 craft villages which attract tens of thousands of labourers. According to Deputy Director of the municipal Department of … [Read more...] about Hanoi envisages to become international trade hub
Hanoi, HCMC must get rid of outdated vehicles to protect environment: government directive
The Ministry of Transport needs to develop a transport system utilizing environment-friendly vehicles, including those running on electricity, while the Ministry of Industry and Trade was asked to roll out policies to encourage the use of clean energy and manage fuel use in accordance with national standards. … [Read more...] about Hanoi, HCMC must get rid of outdated vehicles to protect environment: government directive
Taiwan cancels major festival as domestic COVID-19 cases rise
The Taiwan Lantern Festival, an annual celebration to mark the end of the upcoming Lunar New Year in mid-February, will be cancelled this year because of COVID-19, the Ministry of Transportation and Communications said, citing the recent local infection cases. … [Read more...] about Taiwan cancels major festival as domestic COVID-19 cases rise
PM asks Hanoi, HCMC to eliminate old vehicles
As for Hanoi, HCMC and other localities at a high risk of air pollution, the Government leader asked for the development and deployment of plans to control air quality, direct the employment of response plans in case of serious air pollution, test exhaust emissions and evaluate the impact of coarse dust particles, 2.5-10 micrometers in diameter, before December 31. … [Read more...] about PM asks Hanoi, HCMC to eliminate old vehicles
