PM Pham Minh Chinh visits the US’s Universal Alloy Corporation in the Da Nang Hi-Tech Park. (Photo: SGGP) Visiting FPT City – an educational and technological urban area, the PM asked FPT group to focus on developing its core and strong areas such as training and software industry, and exert efforts to catch up with major technology companies in the world, thus contributing to building digital government, digital society and digital citizen, and creatively applying the achievements of the fourth industrial revolution in accordance with the conditions, circumstances, scale and level of Vietnam. He expressed his hope that the leading tech giant of Vietnam will maintain a training strategy associated with production to contribute to the training of human resources for the whole country; develop information technology infrastructure for digital transformation; create more jobs and improve employees’ income; and make high quality products for domestic use and export. PM Pham … [Read more...] about Prime Minister activities in Da Nang
Seats under cover at citizens bank park
Prime Minister active in Da Nang
Prime Minister Pham Minh Chinh visits FPT City (Photo: VNA) Da Nang (VNA) - Prime Minister Pham Minh Chinh inspected several high tech projects in the central city of Da Nang on June 26 within the framework of his working trip to the city. Visiting FPT City – an educational and technological urban area, the PM asked FPT group to focus on developing its core and strong areas such as training and software industry, and exert efforts to catch up with major technology companies in the world, thus contributing to building digital government, digital society and digital citizen, and creatively applying the achievements of the fourth industrial revolution in accordance with the conditions, circumstances, scale and level of Vietnam. He expressed his hope that the leading tech giant of Vietnam will maintain a training strategy associated with production to contribute to the training of human resources for the whole country; develop information technology infrastructure for … [Read more...] about Prime Minister active in Da Nang
Ring road plan to transform market
Ring road plan to transform market - Illustrative photo (Source: VNA) The government has asked the National Assembly (NA) to consider and decide on the policy for investing in the ring roads to be located in the country’s two biggest cities. Tran The Anh, sales director of Thang Loi Group, said that the land fund in inner cities is increasingly exhausted and prices are high, with investors turning to suburban real estate. “There is a thirst for houses for those living and working in Ho Chi Minh City in particular,” The Anh said. “The shifting trend of investors and individual financiers is also creating a new vitality for the real estate market in the suburbs.” One of the issues discussed by NA delegates and experts is how to exploit the land fund around the two ring roads, which will soar in value. Already in many places, the price of land in the area has increased dozens of times over. “Because the two routes will open up a vast land fund, the management of auctions of … [Read more...] about Ring road plan to transform market
AMATA to play a part in smart sustainable cities of the future
AMATA VN Group is said to be one of the leading industrial park developers in Vietnam. It has set up a footprint in the country with a total of six projects – both developed and still under development – covering an area of 2,500 hectares with total investment capital of about $840 million. The group successfully called in over $4 billion of foreign direct investment capital from more than 170 tenants and has created jobs for more than 60,000 local citizens. With a proven record of over 25 years in Vietnam, sustainability has always been a crucial part of its business operations. Through many challenges in the past few years, AMATA is proud to be among the drivers of economic growth in the communities it calls home. AMATA working towards smart and sustainable cities of the future Climate change is an emerging global challenge and the United Nations has been calling for urgent action. The Vietnamese government showed a strong commitment to net-zero carbon emissions by … [Read more...] about AMATA to play a part in smart sustainable cities of the future
Rising stock account numbers despite plunging trade causes worry
"I opened the other three accounts because registration is easy and more brokerages mean I get to receive more regular investment advice," the 30-year-old office worker explained. In the last two years brokerages have hugely simplified the account opening process, he said. When he opened his first account in 2020, he had to visit the brokerage, but this year he opened a new account online. People like Dung are partially the reason why the number of new stock accounts has been skyrocketing despite a decline in trading. Over 476,000 new accounts were registered in May, the highest ever monthly figure in the stock market’s two-decade history, according to the Vietnam Securities Depository. Around 1.4 million new accounts were opened in the first five months of this year, higher than the total number added between 2017 and 2020. There are now 5.65 million stock accounts, or one each for 5.7 percent of the population. But the average daily trading in May fell by 32 percent … [Read more...] about Rising stock account numbers despite plunging trade causes worry
Stock market faces bumpy ride in second half of 2022
The Ministry of Finance is working on amending and supplementing Decree No. 153/2020/ND-CP on private offering and trading of corporate bonds in the domestic and international markets. — Photo baogiaothong.vn The Vietnamese stock market has gone through nearly half of 2022 with turbulence and remarkable events, especially the Government's crackdown on illegal activities manipulating the market. At the moment, the market is struggling as both liquidity and the benchmark index fall sharply. Experts said that monetary policy tightening from the US Federal Reserve (Fed), prolonged Russia-Ukraine conflict and China's zero COVID policy will indirectly affect the country's stock market. Stock market crackdown In the first half of 2022, many big business owners such as Do Thanh Nhan, Chairman of the Board of Louis Holdings Group and Le Anh Dung, President of Tan Hoang Minh Group, were arrested for illegal activities in the stock and corporate bond market. These cases showed the … [Read more...] about Stock market faces bumpy ride in second half of 2022