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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

Singapore 's Marina Bay (Photo: CNN) Singapore (VNA) - Singapore's economy has been ranked the freest in the world this year in the Heritage Foundation 's 2021 Index of Economic Freedom, the second year in a row it topped the list. The city-state scored 89.7 points, with its overall score having increased by 0.3 points from 2020, primarily because of an improvement in points gained for government spending, the think-tank said on March 4. Singapore's score placed it far ahead of both the regional average for 40 countries in the Asia Pacific (60.2) and the world average (61.6). It was followed in the rankings by New Zealand, Australia, Switzerland and Ireland, in that order, with scores ranging from 83.9 (New Zealand) to 81.4 (Ireland). The US ranked 20th with a score of 74.8, and Germany was 29th with a score of 72.5. Thailand took the 42nd spot with a score of 69.7, and China was No. 107 with a score of 58.4. Hong Kong, which had topped the list for 25 of the … [Read more...] about Singapore is the world’s freest economy: Heritage Foundation

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

The Hanoitimes - Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute in Hanoi city every day during Covid-19 pandemic time. Times of crisis can often bring out the best in people. The Covid-19 evolution remains unpredictable in Hanoi, thus deeds of many kindhearted Hanoians’ have been of great encouragement for the poor’ hearts in the capital city to overcome the pandemic time. The shining examples not only show kindness of Vietnamese people amid the pandemic, but also surprise a lot of foreigners in Vietnam and in the world. Donation of food and essential items Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute people in Hanoi city every day during Covid-19 pandemic time. The Hanoi city government has urged shops that sell non-essential goods and provide services to temporarily shut down to prevent Covid-19 from spreading. Although … [Read more...] about Charity acts warm the poor’s hearts in Hanoi in pandemic time