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BVB shares closed the June 22 session at VND22,100 (96 US cents) As planned, Saigonbank will publicly auction more than 8.26 million BVB shares, equivalent to 2.25 per cent of the outstanding shares, with the starting price of VND22,800 (99 US cents) per share. Saigonbank can earn nearly VND190 billion ($8.26 million) from this divestment. Purchase registration is set from June 25 to July 14. The minimum number of subscriptions is 100 shares. Previously, Saigonbank was proposed to sell BVB shares with the starting price of VND15,610 (68 US cents) per share. However, BVB shares have nearly doubled since April, so the bank has to adjust the starting price. BVB's share price has grown significantly in the past month from more than VND20,000 (87 US cents) a share to the highest level of VND26,000 ($1.13) a share on June 1. According to financial statements for the first quarter of Saigonbank, its pre- and post-tax profits were up 21 and 22 per cent over the same period last … [Read more...] about Saigonbank divests Viet Capital Bank

Massive ring selling smuggled goods via livestreaming in northern region busted The Saigon Times Tran Huu Linh (R), head of the Vietnam Directorate of Market Surveillance, inspects a product at a warehouse in Hanoi – PHOTO: VIETNAM DIRECTORATE OF MARKET SURVEILLANCE HCMC – The Vietnam Directorate of Market Surveillance on June 22 raided eight warehouses and business facilities in Hanoi and Hung Yen Province, seizing around 40 tons of smuggled goods stocked by vendors for being sold via livestreaming. The raid was led by Tran Huu Linh, head of the Vietnam Directorate of Market Surveillance, in coordination with the Hanoi City police. The forces confiscated hundreds of thousands of products without a clear origin, mainly cosmetics, fashion items and household appliances that were offered for sale via livestreaming. The first team directly led by Tran Huu Linh raided a large-scale warehouse owned by Tran Tien Quang. The owner reportedly imported the products from … [Read more...] about Massive ring selling smuggled goods via livestreaming in northern region busted

The UN Security Council held a virtual meeting on the Afghanistan situation on Tuesday. — VNA/VNS Photo HÀ NỘI — Việt Nam has condemned attacks targeting civilians and essential infrastructure in Afghanistan at a UN Security Council’s virtual meeting on the situation on Tuesday. Ambassador Đặng Đình Quý, Permanent Representatives of Việt Nam to the UN, urged all relevant parties to stop the violence, fully respect international humanitarian law, and ensure unhindered humanitarian access for those in need. The Vietnamese representative commended efforts made by the UN Mine Action Service (UNMAS) and its partners in supporting demining and offering mine risk education. Quý stressed the need for addressing economic, humanitarian, and food security challenges as well as promoting women and youth engagement in all aspects of society in Afghanistan. He affirmed Việt Nam's support of efforts of the UN, the UN Assistance Mission in Afghanistan (UNAMA), countries, regional … [Read more...] about Việt Nam condemns attacks against civilians in Afghanistan

Tay Ninh suspends passenger transport services to Binh Duong The Saigon Times Passenger coaches are parked at a coach station. Tay Ninh Province suspended public passenger transport services to Binh Duong Province from today, June 23, until further notice - PHOTO: TNO HCMC - Tay Ninh Province has suspended public passenger transport services to Binh Duong Province from today, June 23, until further notice to prevent the spread of Covid-19, according to the provincial Department of Transport. Under the decision, taxis, contract vehicles and passenger coaches must stop their operations from Tay Ninh Province to Thuan An City, Tan Uyen Town, and some wards in Thu Dau Mot City in Binh Duong Province, which have been hit by Covid-19. As for interprovincial coaches, buses, taxis and vehicles traveling between Tay Ninh Province and other provinces or cities, when passing through these parts of Binh Duong Province, they must not stop there for drop-off or pickup services. … [Read more...] about Tay Ninh suspends passenger transport services to Binh Duong

HCMC to impose e-health declaration mandate starting tomorrow The Saigon Times Passengers make health declarations at the Noi Bai airport in Hanoi. All residents in HCMC are required to make electronic health declarations starting tomorrow, June 24 - PHOTO: VNA HCMC – All residents in HCMC are required to make electronic health declarations starting tomorrow, June 24, to serve the fight against Covid-19, which is showing no signs of abating in the city. Duong Anh Duc, vice chairman of the municipal government, has sent a dispatch to departments, agencies, the authorities of Thu Duc City, and districts regarding the citywide electronic health declaration mandate. Duc said that HCMC had launched the “Electronic Health Declaration System” which can apply to all medical facilities in the city, aimed at facilitating contact tracing activities. To continue enhancing the effectiveness of the e-health declaration system in the anti-virus fight, the city asked all … [Read more...] about HCMC to impose e-health declaration mandate starting tomorrow

Health Ministry urges faster Covid-19 vaccination in HCMC and 9 other provinces The Saigon Times Workers in HCMC wait for Covid-19 vaccination. The Ministry of Health has urged HCMC and nine other provinces to speed up their Covid-19 vaccination process - PHOTO: TNO HCMC – The Ministry of Health today, June 23, sent an urgent dispatch to HCMC and nine other provinces—Nam Dinh, Cao Bang, Quang Nam, Quang Ngai, Daklak, Tien Giang, Lam Dong, Can Tho and Kien Giang—asking them to accelerate their slower-than-expected Covid-19 inoculation process. According to the ministry, on May 20, it provided the HCMC Center for Disease Control (HCDC) with 70,000 Covid-19 vaccine doses, and institutes, hospitals and other units in the city with 4,500 doses, Tuoi Tre Online newspaper reported. On June 17, HCDC continued receiving an additional 786,000 doses, and institutes, hospitals and other units were given 10,370 doses. On June 14, the ministry asked the governments of … [Read more...] about Health Ministry urges faster Covid-19 vaccination in HCMC and 9 other provinces