Bahrain business news

Around $200 billion is now in tumult after a succession of days of network congestion and the news about the required increase in minimum trading lot from 100 to 1,000 shares on the HCM City stock market. Nguyen Giang, owner of The Way Coffee, completed the procedure to open an account at SSI Hanoi Branch after hearing that the HCM CIty Stock Exchange (HOSE) was planning to increase the required minimum trading lot from 100 shares to 1,000 shares. The reason behind the plan, as explained by Le Hai Tra, HOSE’s CEO, was to ease the overload. However, this was not good news for many investors, including Giang. Because of Covid-19, he no longer can work as an outbound tour guide, which he did for 10 years. In 2020, he opened a street coffee shop. However, the third Covid-19 outbreak once again affected his business. Giang then decided to make financial investments as he has confidence in the bright prospects of the stock market. However, the calculations of the investor may … [Read more...] about New regulation on minimum trading lot at HOSE aims to keep small investors away

Thanks to a wonderful meeting with international writers in the spring of 2019, Vietnamese literature has seen higher levels of promotion worldwide. German translator Guenter Giesenfeld, poet Sándor Halmosi, writer Kieu Bich Hau, poet Laura Garavaglia. This is contained in the prologue of writer Kieu Bich Hau's piece about international literary friends. The first is Italian poet Laura Garavaglia who first came to Vietnam in spring 2019. Writer Kieu Bich Hau welcomed her as directed by the Vietnam Writers Association. On the bus to the guest house, they exchanged business cards and she was surprised to learn that Laura Garavaglia is President of the House of Poems in Como, Director of the European Poetry Festival, besides being a poet, literary translator and journalist. Looking at the tall, thin woman, having entered her sixties, writer Kieu Bich Hau wondered how she could do so many things at the one time. The House of Poems in Como and the Vietnam Writers' … [Read more...] about New Literary Doors

HCMC Transport Department proposes stopping bus advertising The Saigon Times Buses on a street in HCMC display advertisements. The HCMC Department of Transport has proposed stopping bus advertising - PHOTO: VNA HCMC - The HCMC Department of Transport has proposed that the city stop bus advertising due to low demand. Since 2017, only one business won the bid for the right to advertise on buses in the city. The three-year package worth VND162 billion has just expired. All other tenders for bus advertising in the city failed to attract businesses although the Transport Department has lowered the charges, relaxed the requirements and offered flexible payment options. According to the head of an advertising company, the demand for outdoor advertising, including bus advertising, in the city was high 10 years ago, but has dropped drastically as clients are switching to online advertising. Besides this, many buses in HCMC have become old and worn out, while the prices of … [Read more...] about HCMC Transport Department proposes stopping bus advertising

At the meeting, the delegation of NA deputies of Long An Province summarised its activities during the 14th tenure (2016-2021). Specifically, the delegation collected comments and suggestions for 83 bills and one resolution to submit to the National Assembly for approval; and promptly informed voters on the legal guidelines and policies passed by the NA. The delegation also organised thematic seminars and sent petitions to the NA, the Government, ministries, branches, and central and local agencies, contributing positively to the implementation of the NA's annual monitoring programme. The delegation also organised 308 meetings, with the attendance of nearly 35,000 voters, and six conferences to collect opinions of leaders of the province and related departments and agencies. Notably, the delegation of NA deputies of Long An Province received and handled over 1,200 complaints, denunciations and petitions from citizens according to the regulations, through which the authorities … [Read more...] about Deputy PM Truong Hoa Binh meets with Long An voters

The Hanoitimes - The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to export to countries heavily affected by the coronavirus. The Vietnamese government has allowed the export of medical masks, protective clothing and medical equipment, provided that domestic demand for those items is met (including for reserves), VnExpress quoted Prime Minister Nguyen Xuan Phuc as saying at a meeting on April 15. The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to be shipped to countries affected by Covid-19. Illustrative photo Under the Vietnamese government’s resolution dated February 28, in the context of the Covid-19 pandemic, medical face masks could be shipped out of the country only for the purpose of international aid provided by the Vietnamese government. In addition, … [Read more...] about Vietnam turns green light to export of medical masks to pandemic-hit countries