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A ceremony marking the handover was held April 9 at the offices of the 3rd Regional Coast Guard in the southern province of Ba Ria – Vung Tau. Attending the ceremony were Vietnam Coast Guard commander Lieutenant General Nguyen Van Son, U.S. Consul General Marie Damour and other officials, the U.S. embassy said in a Facebook post Saturday. Lt. Gen. Son said that Vietnam highly appreciated the U.S. gesture and considered the event "an important milestone of the Vietnam-U.S. partnership," helping Vietnam improve its law enforcement capacity at sea. The cooperation between the coast guards of both countries has strengthened in recent years. In 2017, the U.S. Coast Guard handed over the Hamilton-class (the second-largest class of vessels in the U.S. Coast Guard) USCGC Morgenthau cutter to the Vietnam Coast Guard under their Excess Defense Articles (EDA) program. The ship was then commissioned for the Vietnam Coast Guard and renamed CSB 8020. The U.S. has also sold a total of 24 … [Read more...] about US hands over training facilities to Vietnam coast guard

Lychee being canned for export to the US. Viet Nam's exports to the US in the first two months of the year accounted for $13.83 billion or 28.4 per cent of total exports. VNA/VNS Photo Vu Sinh Exports for the year as of March 15 were worth US$62.01 billion, a year-on-year increase of 22.7 per cent, according to the General Department of Viet Nam Customs. Exports to the US in the first two months of the year accounted for $13.83 billion or 28.4 per cent of total exports. In recent years the US has become Viet Nam’s biggest market. Last year, for instance, at $76.4 billion it accounted for 27 per cent of the latter’s total exports. Than Duc Viet, general director of Garment 10 Joint Stock Company, said there were several factors behind Viet Nam’s rapid growth in exports including to the US. Primarily, he said, the COVID-19 pandemic has gradually been controlled around the world, especially after several countries started vaccinating their populations, enabling many of them to … [Read more...] about Viet Nam’s exports to the US expected to rise sharply

Novaland Investment Group's head office in Nguyen Du Street, District 1, Ho Chi Minh City. — Photo vinhomecitys.com The market ended lower last week as many large-cap stocks faced selling pressure after the VN-Index hit a new high of over 1,255 points. Some analysts from securities firms expected that the market's bullish trend will continue this week, while others were more cautious and see a downward trend dominating the market. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell 8.54 points, or 0.68 per cent, in Friday's trade to 1,238.71 points. The index hit a record high of 1,255.87 points on Wednesday. For the week, the index still rose slightly by 0.57 per cent, while foreign investors net sold a value of over VND2.4 trillion. Analyst from Saigon - Hanoi Securities JSC (SHS) said that the third straight weekly gain of the market and a new record in liquidity showed investors' big interest during this period. However, based on Elliott Wave … [Read more...] about Will market continue its downward trend this week?