A Vietjet airplane. The company stock was among large-cap companies that advanced on Thursday. — Photo vietnamnet.vn Vietnamese shares advanced on Thursday morning as market sentiment was boosted by positive news in the US-China trade relations. The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.38 per cent to end at 972.38 points. The VN-Index inched down 0.10 per cent on Wednesday. The HNX-Index on the Ha Noi Stock Exchange gained 0.29 per cent to close at 100.46 points. The northern market index was up 0.20 per cent in the previous day. More than 79.6 million shares were traded on the two exchanges, worth VND1.62 trillion (US$69.6 million). Positive market sentiment was made after the US and China leaders on Wednesday said they would co-operate to improve the bilateral trade status. Large-cap, mid-cap and small-cap indices advanced. Among the best-performing sectors were insurance, technology, petroleum and mining, banking, seafood processing and rubber. … [Read more...] about VN stocks extend growth on US-China trade news
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Seafood industry faces shortage of input materials
Vietnam’s seafood sector is facing a severe shortage of input material, which will affect the industry’s goal to export US$10.5 billion worth of seafood this year, up US$1 billion against the figure seen in 2018, Nguoi Lao Dong newspaper reported, citing General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe. A shrimp farm in Bac Lieu Province Local seafood industry faces shortage of input materials, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news Employees of a seafood processing enterprise in the Mekong Delta process tra fish fillets Tran Van Dung, general director of Ba Ria-Vung Tau Seafood Processing Import-Export JSC (Baseafood), noted that the country was running out of seafood input material, especially shrimp and tra fish, the country’s two key seafood export … [Read more...] about Seafood industry faces shortage of input materials
BUSINESS NEWS IN BRIEF 18/1
Vietnam attends South Asia’s Leading Travel Show in India Visitors at Vietnamese booths Five Vietnamese travel companies are currently participating in the 26th edition of SATTE, South Asia’s leading travel show, in India’s Uttar Pradesh state from January 16-18. They include Victoria Tour, Indochina Charm Tour, Go Indochina Tours, Hello Vietnam, and Asiana Travel. The fair has the participation of over 1,000 enterprises from 50 countries and territories. First launched in 2014, SATTE is one of the largest tourism and travel fairs in South Asia, run annually by India’s leading exhibition organiser UBM, the Ministry of Culture, and travel associations. The event provides a platform for countries to promote their lands, people, and traditional cultures, as well as attract foreign investment in tourism. It is also an occasion for policymakers and managers in tourism, along with experts and businesses, to share experience in the field and seek business … [Read more...] about BUSINESS NEWS IN BRIEF 18/1
Da Nang to host ATP Challenger Tour
Top Vietnamese tennis players Lý Hoàng Nam, Trịnh Linh Giang and Lê Quốc Khánh have been awarded wildcard entries to compete in the Việt Nam Tennis Open Đà Nẵng City 2019 in the central city on January 6-12. Top Vietnamese player Lý Hoàng Nam gets a wildcard for the men’s singles and double event at ATP Challenger Tour, Vietnam Tennis Open Đà Nẵng City 2019. — Photo courtesy Việt Nam Tennis Federation Sports news, football, Vietnam sports, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, Vietnam net news, Vietnam latest news, vn news, Vietnam breaking news It’s the first time the central city has hosted a professional tennis tournament with 48 players in the Association of Tennis Professionals (ATP)’s top ranking taking part. Vice Chairman and General Secretary of the Việt Nam Tennis Federation Nguyễn Quốc Kỳ … [Read more...] about Da Nang to host ATP Challenger Tour
Rapid urbanization worsening environmental dangers in VN
VietNamNet Bridge – The Asian Development Bank (ADB) said urbanization in Vietnam has been proceeding very quickly, as seen in the expansion of the administrative boundary of Hanoi and HCM City, where formerly agricultural land is now being used for industrial, trade and service activities. The urbanization in Vietnam has been proceeding quickly Dr of Planning and Urban Design Nguyen Luu Bao Doan said that Vietnam’s economy grows on two ‘pillars’ – Hanoi and HCM City. The two cities can enjoy amenities at lower costs and higher life quality than other cities/provinces. Hanoi and HCM City are also the localities that foreign businesses consider first when they want to set up head offices. The high population density in the two urban areas provides daily services, such as electricity, water, waste water treatment and public transport, at lower costs than in rural areas. The rapid population increase during urbanization leads to many problems, … [Read more...] about Rapid urbanization worsening environmental dangers in VN