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  Passengers disembark a Vietjet aircraft. Vietjet (VJC) rose 0.9 per cent on Thursday. —Photo vietjet.com HÀ NỘI — Markets rallied for the second consecutive session on Thursday, partly thanks to the Fed’s Wednesday announcement that it would keep interest rates unchanged and forecast no cuts or hikes in 2020. The central bank’s move helped boost market sentiment, Saigon-Hanoi Securities Co said in its daily report. The VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) rose 0.66 per cent to end Thursday at 968.17 points. Nearly 219 million shares worth almost VNĐ4.2 trillion (US$182 million) were traded on the southern market. The benchmark index increased 0.15 per cent to end Wednesday at 961.78 points. Market breadth was positive with 202 shares gaining and 127 declining. The large-cap VN30-Index soared by 0.74 per cent to stand at 884.80 points. Bank stocks expanded at the end of the trading session, supporting … [Read more...] about Fed’s signal of no rate hike boosts shares

Carrying 180 officers, the ships berthed at Tien Sa Port on a four-day visit. The Japanese crew, led by navy captain Ikubo Seiji of Minesweeper Division III, is set to visit Da Nang’s Navy and Military High Command where officers of both countries will for the first time discuss and share minesweeping intel, Vietnam News Agency reported. As part of Japan’s Free and Open Indo-Pacific Strategy, the initiative aims to strengthen cooperation between its own and other navies across the Indian Ocean. Da Nang is the crew's 7th destination since embarking for the Phillippines, Bangladesh, Maldives, Bahrain, India, and Malaysia. JS Bungo is a large-sized, Uraga-class minesweeper, 141 meters long and 22 meters wide, with a 5,700-ton loading capacity. It is one of Japan's two largest mine countermeasure vessels. JS Takashima is a small-sized, Hirashima-class minesweeper, 57 meters long and 9.8 meters wide, with a 570-ton loading capacity. … [Read more...] about Two Japanese navy vessels conduct friendly sweep of Da Nang

  Before the European summit could even begin, police and firefighters were forced to intervene to dislodge Greenpeace protesters who scaled the side of the main venue. — AFP  Photo BRUSSELS — EU leaders agreed yesterday to a target of making the bloc carbon neutral by 2050, but the deal was immediately undermined by Poland's refusal to implement the aim. EU President Charles Michel hailed the agreement struck at a Brussels summit after hours of wrangling as a "strong commitment" that puts Europe in the lead of global efforts to tackle climate change. "We have reached an agreement on climate change. It is very important, it was crucial, for Europe to show strong ambition," Michel said. But Poland, which currently relies heavily on coal, demanded more time to switch to green energy -- perhaps up to 2070 according to diplomats – while others like the Czech Republic pushed the case for nuclear power. "The European Council endorses the objective of achieving a … [Read more...] about Polish holdout mars EU climate target deal