Post 2020 global biodiversity framework

The market’s forward price-to-earning (P/E) ratio has declined from 14.1 to 10.9 since April, tracking the 23 percent drop by the benchmark VN-Index. The fund’s founder, Petri Deryng, said the crash came as "a complete surprise" as there was news of robust earnings growth and valuations were modest. Vietnam’s valuations are now irrational with a forward P/E ratio of 10.9 though Q1 earnings growth was 31 percent and the forecast for the full year is 19-29 percent, he said. Vietnam’s five-year historical rolling P/E has been 16.5, and even topped 20 during periods of strong earnings growth, he pointed out. "The outlook of the global stock markets cannot be ignored when assessing the possible timing of the bull runs of the Vietnamese market, but at these valuations Vietnam offers a stable economy and extremely cheap stocks," he said in a note published Thursday. Vietnam’s stock market was affected by the conflict in Ukraine and the fall of the Nasdaq, but the crash was mainly … [Read more...] about Vietnam stocks ‘extremely cheap’: Finnish fund

Vietnam attended four WEF annual meetings at prime ministerial level in 2007, 2010, 2017 and 2019, and joined the WEF on ASEAN at prime ministerial level four times in 2012, 2013, 2014 and 2017. (Photo: AFP/VNA) This will be one of the major multilateral foreign relations activities of Vietnam in 2022, especially in the context that the annual meeting of this major global economic forum has been postponed over the past two years due to Covid-19, according to Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnam to the United Nations, the World Trade Organization (WTO) and other international organizations in Geneva. She said that since Vietnam and the WEF set up their relationship in 1989, leaders of both sides have paid great attention to the promotion of bilateral ties in many fields. Vietnam attended four WEF annual meetings at prime ministerial level in 2007, 2010, 2017 and 2019, and joined the WEF on ASEAN at prime ministerial level four times in 2012, 2013, … [Read more...] about Vietnam to introduce national development strategies at 2022 Davos WEF

The southern province of Tra Vinh will inject 450 billion VND (21.4 million USD) into preserving and developing its craft villages between now and to 2020. Under a project recently announced by the provincial People’s Committee, the locality will spend 246 billion on upgrading village infrastructure and the remaining will be used to build material zones, help businesses access technology and implement trade promotion activities. (Photo for illustration. danviet.vn) This year, the province will focus on solving environmental pollution in two seafood processing villages in Duyen Hai and Cau Ngang districts, said Deputy Chairman of the provincial People’s Committee Nguyen Van Phong, He revealed that the project aims to bring trade villages’ production value to 615 billion VND (29.3 million USD) in 2015 and 810 billion VND (39 million USD) in 2020. Tra Vinh is now home to 12 craft villages, mainly in Cang Long, Tra Cu, Hung My and Chau Thanh districts. … [Read more...] about Tra Vinh invests 450 billion VND in developing craft villages

Teen Vanessa Sarno dominates the 71kg field to win the gold. — Inquirer/ANN Photo Thanh Hà HÀ NỘI — Weightlifters set records one after the other on May 21 at the Hà Nội Sports Training and Competition Centre. Young lifter Rahmat Erwin Abdullah of Indonesia won a gold medal and broke a Games record in the men's 73kg. The 21-year-old athlete succeeded with a 155kg lift in the snatch. This record is also a personal record for Erwin. His previous heaviest lift was a significantly lighter 145kg . Moving on to the clean and jerk class, Erwin almost immediately beat his competitors at the first opportunity, immediately lifting 180kg. This again surpassed the SEA Games record of 177kg. Erwin increased his burden further to 190kg and managed it perfectly on the second attempt. Erwin lifted a huge 345kg in total. Meanwhile, Doungsri won silver with 321kg, and Hidayat took bronze on 316kg which bettered his national record of 312kg set in Melaka in 2020. … [Read more...] about More weightlifting records fall

A representative of the HCM City Labour Confederation presents bank savings books to workers suffering from occupational accidents and diseases in District 5 on Friday, May 20. — VNA/VNS Photo Thanh Vũ HCM CITY — Regular communication and training in occupational safety is vital to ensure better working conditions and health protection, reducing workplace accidents, a senior labour leader says. Phạm Chí Tâm, deputy chairman of the HCM City Labour Federation, said at a conference held in the city last Friday (May 20) that it was necessary that the work on occupational safety and health in agencies, units, and business establishments becomes a “habit.” HCM City is among localities in the country with the highest number of work-related accidents. However, it has been making progress in this regard, the conference heard. Last year, the city recorded 544 occupational accidents, down 45.9 per cent over the previous year. These resulted in 549 deaths and injuries, a year-on-year … [Read more...] about HCM City should do more to reduce occupational hazards: conference

The Vietnam women’s football team have wrapped up their 31st Southeast Asian (SEA) Games campaign in style after grabbing a 1-0 victory against archrivals Thailand in the title match on Saturday night to successfully defend their gold medal at the region’s largest sporting event. The game at northern Quang Ninh Province’s Cam Pha Stadium, which was fully filled with 16,020 spectators, was Vietnam’s ninth consecutive SEA Games final and the sixth in a row for Thailand. After the hosts dominated in the first 15 minutes, Thailand started pushing forward. No goals were scored despite many chances created by both sides in the first half. Vietnamese (in red) and Thai players vie for a ball during their women's final at the 31st Southeast Asian (SEA) Games at Cam Pha Stadium in Quang Ninh Province, Vietnam, May 21, 2022. Photo: Tuoi Tre Vietnam opened the scoring 14 minutes after the restart despite pressure from Thailand. Duong Thi Van won the ball back in the … [Read more...] about Vietnam continue ruling SEA Games women’s football with third consecutive title