The “Ho Chi Minh City – development and integration” festival in 2015 (Source: VNA) HCM City (VNA) – The “Ho Chi Minh City – development and integration” festival is due to take place in the southern metropolis from November 29 to December 1 with various activities, a municipal official has said. Tran Phuoc Anh, Deputy Director of the city’s Department of External Relations, said at a recent press conference that the festival will also create a venue where participating countries promote traditional culture and enhance their solidarity. Activities within the festival will be held at the Nguyen Hue Pedestrian Street and the Bach Dang Wharf Park in district 1, including stalls displaying photos, objects, costumes and products of the countries. HCM City’s culture, arts, tourism and handicrafts will be introduced through such as embroidered, sand, rice and lacquer paintings, ceramics and products made from wood, rattan and … [Read more...] about Festival to highlight HCM City’s integration efforts
Reunification palace ho chi minh city
A tree fell recently in HCM City’s Tan Binh district after a heavy rain (Photo: VNA) HCM City (VNS/VNA) - Ho Chi Minh City plans to conduct research and identify trees resilient to natural disasters and suited to the local soil. The city will then compile a list of various kinds of trees to be planted across the city in the near future. The process of selecting trees requires extensive research and a pilot scheme, according to the city's administration. In recent years, the city has piloted planting many species of trees, but some species have not been strong enough to withstand heavy rains or strong winds, and have been hit by disease. The city has also asked the Ministry of Construction to identify the most suitable trees for the city. The selected trees must also conform to urban planning standards and regulations. HCM City has thousands of century-old trees that pose management as well as safety challenges, according to experts. More than 158,200 trees belong to … [Read more...] about HCM City to identify trees best suited to urban areas
The VN-Index recorded nine hikes in he two weeks since the end of the Lunar New Year holidays (Photo: VietnamPlus) Hanoi (VNA) - This week, Vietnam’s stock markets closed in the green, as the benchmark VN-Index rose 1.34 points to 988.91 points while the HNX-Index inched up 0.7 point to 106.82 points. The VN-Index on the Ho Chi Minh City Stock Exchange (HoSE) enjoyed increases in the whole week (from February 18 to 22) and it was also the ninth hike in two weeks. On February 22, there were 144 rising codes and 152 in decline. The VN30, which measures the performance of the 30 stocks with the highest market capitalisation and liquidity on the HoSE, had 17 advancing codes and 12 others end in red, while one code was flat. In the week, foreign investors posted net purchase value of 772.92 trillion VND (33.02 billion USD), equivalent to 23.64 million shares. E1VFVN30 topped the list with 15.4 million shares purchased, followed by HPG with 8 million shares. The … [Read more...] about Will VN-Index hit 1,000-point mark thanks to investors’ positivity?
A stretch of pipeline is coated at PetroVietnam Coating Corporation (HNX: PVB). The company is among the three HNX30 large-caps that posted losses between July and September. (Photo pvcoating.vn) Hanoi (VNS/VNA) — The top 60 biggest companies by market capitalisation and trading liquidity on the two local stock exchanges saw combined post-tax profit gain of 22.5 percent to 46.75 trillion VND (2 billion USD) in the third quarter of 2019. Profits recorded by the top 30 firms on the Ho Chi Minh Stock Exchange accounted for nearly 92.3 percent of the total figure.Hanoi Stock Exchange, which was 3.6 trillion VND. VNA … [Read more...] about VN30 firms take 92 percent of all top listed firms’ total Q3 profits
PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14 with more than 2.34 billion shares. (Photo: VNA) HCM City (VNS/VNA) - The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market. The PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14, 2019 with more than 2.34 billion shares. On December 28, 2018, the company cancelled the trading of more than 467.8 million shares on the Unlisted Public Company Market (UPCoM). On January 2, the southern market regulator announced it had approved the listing of the country’s largest ceramics and tile producers Viglacera with more than 448.3 million shares and an unknown debut date. National flag carrier Vietnam Airlines recently filed to list all of its 1.4 billion shares on the southern bourse. The company also plans to terminate its listing on the UPCoM … [Read more...] about HoSE listing remains a gamble