• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

VietNam Breaking News

Update latest news from Vietnam

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story

Lifetime cookware 19 piece set price

Two thirds of Vietnamese married women suffer domestic violence: Study

July 15, 2020 by hanoitimes.vn

Violence against women in Vietnam remains very much hidden and more actions must be taken to change the situation.

As many as 63% of Vietnamese married women have experienced one or more forms of physical, sexual, emotional and economic violence and controlling behaviors by their husbands in their lifetime, according to a newly-released study.

As many as 63% of Vietnamese married women suffer at least one kind of violence in their lifetime

It means that nearly two in three married women in Vietnam have suffered at least one kind of domestic violence, according to a study that is backed technically and financially by the United Nations Population Fund (UNFPA) and Australia’s Department of Foreign Affairs and Trade (DFAT).

This is the second study conducted in Vietnam, making it the only country in the world so far making a study that specifically uses cross-culturally validated methodology developed by the World Health Organization.

Managed by Vietnam’s Ministry of Labor, Invalids and Social Affairs (MOLISA) in collaboration with the General Statistics Office (GSO), this study enables a better understanding of what has changed since the first study in 2010, as well as what has not, and what needs to be in place for strengthening gender equality and ending gender-based violence in Vietnam.

The 2019 study has three parts: a quantitative survey, conducted by GSO; a qualitative study by the Center for Creative Initiatives in Health and Population (CCIHP); and an economic costing of violence by international experts commissioned by UNFPA.

Nearly 6,000 women aged 15 to 64 were interviewed, with the results showing that most of the violence against women in Vietnam is perpetrated by their husbands or partners.

The study also shows that with the exception of sexual violence, the prevalence of different types of violence against women, perpetrated by husbands, was slightly lower in 2019 than in 2010, and positive change may be happening among younger women.

In addition, the report estimated that violence against women cost Vietnam an estimated 1.8% of its gross domestic product (GDP) in 2018.

Key findings from the 2019 study

• In Vietnam, women were more likely to be abused by their husbands than by any other perpetrators.

• Nearly one in ten or 9% women experienced non-partner sexual violence since age 15. Almost all of this was perpetrated by males who were not family members (e.g. a male stranger, friend or acquaintance; a recent acquaintance; or someone at work).

• Violence against women remains very much hidden. Half of women who experienced violence by husbands had never told anyone. Almost all women (90.4%) who experienced physical and/or sexual violence from husbands did not seek any help from formal service providers.

• Children are also victims when living in violent environments. Of the women who experienced physical violence by a husband, 61.4% disclosed that their children witnessed or otherwise overheard the violence. Women who experienced physical and/or sexual violence by their husbands were more likely to say their children (5-12 years) had behavioral problems.

• Violence against women has a wide range of health impacts or consequences. One in four women (23.3%) who were physically and/or sexually abused by their husbands had physical injuries. Pregnant women are also at risk of violence from their husbands.

• Violence is a learned behavior. Women victims of violence are more likely to have a husband whose mother was beaten or who was himself beaten as a child.

Remarks on the national study

Nguyen Thi Ha, Deputy Minister of Labor, Invalids and Social Affairs (MOLISA) at the event on July 14. Photo: Nhandan

MOLISA’s Deputy Minister Nguyen Thi Ha said after nearly ten years since the first survey, the results show both positive changes and shortcomings.

The percentage of women suffering from these forms of violence has decreased slightly and positive change is clearly seen among young women who did not endure and showed their strength in fighting against violence, and women who have higher education are less likely to experience violence.

Naomi Kitahara, UNFPA Representative in Vietnam, at the event. Photo: UNFPA

“Ending violence against women and girls is one of the three transformative results that UNFPA has pledged to achieve worldwide,” said Naomi Kitahara, UNFPA Representative in Vietnam.

“In Vietnam, UNFPA has worked alongside the Government and stakeholders for more than a decade towards ending violence against women. Today, we have even more evidence to spur us to even greater action, and I call on everyone to join forces to eliminate this violence. Without addressing this, Vietnam quite simply cannot achieve the 2030 Sustainable Development Agenda and its Sustainable Development Goals, and ensure no one is left behind,” she added.

Australian Ambassador to Vietnam Robyn Mudie. Photo: Embassy of Australia in Hanoi

Australian Ambassador to Vietnam Robyn Mudie said “Australia is deeply committed to ending gender-based violence.” “We have supported this study because it leads us all to acknowledge just how many lives are affected by violence, coercive control and harassment. Each piece of data in this report represents the experience of a Vietnamese woman or girl, whether in their home, at work or in a public place. This report means that we hear them, we believe them, and we need to act.”

At the launch of the results, the government of Vietnam, government of Australia, and UNFPA all called for ever more urgent action to end violence against women.

“No matter where violence happens, in what forms, or who it affects, it must be stopped,” concluded UNFPA Representative Naomi Kitahara. “Together, we should work to create a world where both women and men, and girls and boys, can enjoy a life free from violence. We commend Vietnam for its commitment to achieving this vision.”

Filed Under: Social Affairs Vietnamese married women, domestic violence, study, MoLISA, UNFPA, DFAT, womens domestic violence shelter, third degree domestic violence, suffering domestic violence

Bright prospects for bank stocks

April 15, 2021 by vietnamnet.vn

Bank tickers will remain in the spotlight, with investors racing to capitalise on bright profit prospects.

In its forecast for 2021, Hanoi-based VNDIRECT Securities Corporation said banks would be among the first corporate entities to take advantage of the economic rebound. The company also anticipates a sharp jump in banks’ profit this year in the wake of improved net income margin (NIM) and higher credit growth.

bright prospects for bank stocks
Banks’ profit is forecast to be on a sharp rise in 2021

Agreeing with the forecast, the BIDV Securities Company (BSC) recently issued a report on the prospects of the banking sector, saying that commercial lenders would witness a sharp rise in profit thanks to the economic rebound and good control of asset quality post-pandemic.

The BSC report assumed that the whole sector’s pre-tax profit could soar 28 per cent, chiefly attributable to 14 per cent credit growth in 2021, plus the interest rate going sideways and reduced pressure on making loan loss provisioning.

Notably, despite their continual short-selling in Vietnam’s stock exchange since early 2021, foreign investors and investment finds are holding banking tickers, putting their trust in their upbeat growth potential. Finnish equity fund PYN Elite even forecast 50-60 per cent growth for banking tickers in the first quarter this year, compared to a year ago.

Le Duc Khanh, Investment director at VP Bank Securities Company (VPS) said that based on forecasts by several international organisations, banks’ after-tax profit could be growing at 18 per cent in 2021 in the wake of improved credit performance and higher revenue stream from services.

BSC’s report, meanwhile, says that a slew of banks are scaling up efforts to replenish their low-cost capital source (Customer Account Saving Account – CASA), striving to expand customer base through reducing transaction-transfer fees or upgrading operation system and infrastructure.

The CASA ratio in the banking sector reached 18 per cent in 2020 and is expected to further increase in the forthcoming time.

bright prospects for bank stocks
The ticker NVB offers ample space for future growth

Accordingly, with a flexible business model and low bad debts ratios post-pandemic, small- and medium-scale banks have numerous opportunities to bolster operational efficiency. By beefing up the retail segment via cutting-edge payment technology platforms to augment CASA, several banks have succeeded in enhancing their business efficiency.

For instance, in 2020 a raft of small- and medium-scale banks like NCB, ABB, or PGB posted 30 per cent-plus growth in their demand deposit (CASA) volume.

Bright prospects for bank tickers

Can Van Luc, a renowned financial expert, said that with Vietnam’s success in containing the COVID-19 pandemic and on-going economic rebound as well as positive forecasts by prestigious financial institutions like Citigroup, Goldman Sachs, and Nomura, alongside several Asian markets, Vietnam’s stock market might pick up about 15-20 per cent this year.

According to the Vietnam Financial Consulting Association (VFCA) and BSC, Vietnam’s stock market might not be growing as impressively as in 2020, but growth would be more sustainable. The VN-Index is anticipated to be hovering around 1,200-1,300 points, leveraging economic rebound, listed firms’ profitability, lower price-to-equity ratio compared to the region and the world, and well-controlled bad debts.

bright prospects for bank stocks
The CASA ratio in the banking sector reached nearly 18 per cent in 2020 and is expected to further increase in the forthcoming time

Banks would be the first group to cash in on this rebound, which explains the sharp rise in banking stock prices from the outset of this year. According to SSI Research, the price-to- book (PB) ratio of local banks averaged 1.27x in 2019 with return on equity (ROE) ratio averaging 18.6 per cent. In 2020, the PB averaged 1.4x with ROE averaging 17.2 per cent, whereas average PB ratio in 2021 is set at 1.53x.

Economic rebound is partly reflected in the ticker price. Choosing the proper tickers, therefore, would help the investors to pick higher returns.

Among the banking stock, several tickers are showing lucrative prospects. For instance, in the past year, the NVB ticker of National Citizen Bank (NCB) has been on a steady rise, growing by more than 90 per cent (up more than 70 per cent in the past three months alone). This impressive growth came about not only thanks to banking stocks’ positive growth but also from the bank’s particular performance.

Along with this, this year NCB envisages raising its charter capital to more than VND7 trillion ($304.3 million) through stock issuances to existing shareholders and issuing private placements of convertible bonds valued at a total of VND4.5 trillion ($195.6 million).

NCB’s upbeat performance and its commitment to boost financial strength has secured investors’ attention. In addition, the high growth potential of medium-sized banks, the high speed of settling bad debts, and compelling digital model are among the factors why investors have an appetite for banking tickers like NVB.

VIR

Filed Under: Uncategorized bank stocks, stock market, banks, banking, Vietnam breaking news, Vietnam news, Vietnam latest news, ..., cal bank stock price, huishang bank stock code, westamerica bank stock quote, oritani bank stock, oritani bank stock price, when will banking stock recovery, best preferred bank stocks, mellon bank stock price, why psu bank stocks are falling today, evaluating bank stocks, prospect bank watseka, new york community bank stock price

AppWorks leads $1 million round in Vietnamese healthcare booking app Docosan

April 14, 2021 by www.vir.com.vn

appworks leads 1 million round in vietnamese healthcare booking app docosan
The investment by AppWorks is a vote of confidence in Vietnamese healthcare booking app Docosan

AppWorks is known for its investments in leading Southeast Asian companies such as Lalamove, Carousell, and ShopBack. Other investors that joined the round include Singapore-based Huat Ventures and biotech entrepreneur David Ma, according to TechinAsia .

Established in January 2020, Docosan is an app for searching and booking appointments online with doctors 24/7, checking price lists and reviews by real patients. Docosan has helped 50,000 patients in Vietnam book appointments with physicians across 35 specialties within less than a year of operations.

“Many clinics are frustrated after spending large amounts on social media marketing because these networks’ vast, opaque user bases are difficult to harness to reach new patients,” Docosan’s CEO and co-founder Beth Ann Lopez said in a press statement.

“Docosan’s proprietary booking software provides doctors an easier way to manage bookings compared to the crowded waiting rooms, which people are increasingly wary of amid the pandemic,” she added.

In press statement, AppWorks partner Andy Tsai said, “We noticed Docosan’s potential early on because of its participation in the AppWorks Accelerator. Docosan’s founders demonstrated strong experience and dedication to the healthcare issues in the region. We are proud to be supporting Docosan’s vision of better healthcare access for all.”

The potential for healthtech startups is huge as the healthcare market will double in the next 7-10 years. Digital healthcare makes up less than 1 per cent of the total market size currently, a figure which is projected to skyrocket. Many healthtech startups are ramping up operations in Vietnam including eDoctor, Zoop Care, Doctor Anywhere, MedPro, and Jio Health.

A report by Fitch Solutions identified great promise in digital healthcare in light of the current challenges faced by public hospitals in Vietnam and the COVID-19 pandemic. Internet access is widespread and the country has seen rapid development in 4G and 5G mobile communications technologies. Building on these foundations, the government of Vietnam is driving a digitalisation agenda in hospitals and clinics across the country. Smart solutions are being strongly encouraged that utilise big data, AI, cloud computing, and mobile technology to help alleviate Vietnam’s overcrowded public hospitals and increase the quality of care.

By Thanh Van

Filed Under: Uncategorized Docosan, startup, AppWorks, investment, FDI, M&A, burn book app, visitor book app, vietnamese english dictionary app, vietnamese english translator app, vietnamese baby book, healthcare blue book app, round heeled woman book, round heeled woman book review, falck healthcare booking, healthcare mobile apps, healthcare mobile apps for patients, reid healthcare book

Vinacafé Bien Hoa shareholders approve plans for 2021, appointment of new general director

April 15, 2021 by bizhub.vn

Le Huu Thang, new general director of Vinacafe Bien Hoa Joint Stock Company. — Photo courtesy of the company

Vinacafe Bien Hoa Joint Stock Company expects to achieve net revenues of VND2.9-3 trillion (US$125.4-129.7 million) and after-tax profit attributable to shareholders of VND710-730 billion ($30.7-31.6 million) this year.

The company held its annual general meeting on April 14 where shareholders approved a number of targets and plans for 2021.

Despite difficulties last year due to the prolonged COVID-19 pandemic, rising raw material prices and fierce competition in the instant coffee market, the company achieved net revenues of VND2.9 trillion and net profit after tax attributable to shareholders of VND724 billion.

It paid 250 per cent dividends last year.

Its brands such as B’fast, Wake up Saigon, Phinn and especially Wake-up 247 continue to be key drivers of profits during a tough and challenging year.

Incorporating with Masan Consumer and VinMart/VinMart+ retail chains has helped Vinacafe Bien Hoa strengthen its distribution chain in both rural to urban areas.

Its strategies for this year include the launch of many new products.

Last year it won the ‘Viet Nam National Brand – Vietnam Value’ award for the seventh consecutive year and was named in the top 10 prestigious companies in the food and beverage industry for a fourth straight year.

The AGM approved the appointment of Le Huu Thang as the company’s new general director.

He has more than 25 years of experience in the FMCG industry and held key positions in research and development and operation of coffee production and processing complexes at multinational companies in the US, Switzerland, Australia, Russia, Thailand, and Viet Nam. — VNS

Filed Under: Uncategorized Vinacafé Bien Hoa, Markets, Bien Hoa Dong Nai, dong nai bien hoa, bien hoa air base, Lotte Mart Bien Hoa, bien hoa, bien hoa airbase, bien hoa vietnam, bien hoa army base vietnam, bien hoa air base 1970, bien hoa air base map, toyota bien hoa, general directorate of residency and foreigners affairs

Primary Sidebar

RSS Recent Stories

  • Compulsory COVID-19 related insurance a must for inbound, outbound travellers: experts
  • High logistic costs hinder Delta agriculture exports
  • Trà Vinh expands forest coverage
  • Old French-style villas in capital to be examined for preservation
  • New shows, young singers are attracting big audiences
  • Efforts to stimulate domestic consumer market continue as pandemic threatens exports

Sponsored Links

  • Gasly: I’m ready to be AlphaTauri F1 team leader in 2021
  • AlphaTauri needs error-free 2021 F1 season – Tost
  • Red Bull announces launch date for RB16B
  • Netflix reveals release date for season 3 of Drive to Survive
  • Albert Park F1 layout changes explained
Copyright © 2021 VietNam Breaking News. Power by Wordpress.