E

HCM City (VNA) – The Ho Chi Minh City People’s Committee held a New Year gathering with foreign representative agencies on January 15 to help strengthen the city’s friendship and cooperation with international friends. The event was attended by Politburo member and Secretary of the municipal Party Committee Nguyen Thien Nhan, heads of countries’ consulates and their spouses, along with representatives of the offices of international organisations, foreign economic-trade-cultural offices, business associations and non-governmental organisations. In his speech, Chairman of the People’s Committee Nguyen Thanh Phong attributed local socio-economic achievements in 2019 partly to the support by foreign businesses, organisations, friends and partners. Mentioning the city’s development directions, he said HCM City will promote cooperation with localities of the countries having important partnerships with Vietnam. Its cooperation agreements will be … [Read more...] about HCM City’s leaders meet with foreign representative agencies

An executive at private mid-sized lender Sacombank, who asked not to be named, told VnExpress that his bank has yet to complete its bonus assessments, but like every year the bonuses would be based on individual performances. This year they would be "higher than last year but not too much." … [Read more...] about Banks not to splurge on Tet bonuses despite surging profits

The Korean Football association (KFA) notified the Asian Football Confederation (AFC) of their intention to withdraw in a letter on Wednesday, paving the way for China to host the tournament for the second time. … [Read more...] about China all but confirmed as 2023 Asian Cup hosts after Korea withdraw

The senators comprise Jim Risch and Cory Gardner from the Republican Party, Bob Menendez from the Democratic Party, who is also Chairman and a ranking member of the Senate’s Foreign Relations Committee, and Ed Markey, also from the Democratic Party, Chairman and a ranking member of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy. In a press statement issued on the day, they also thanked Thailand for its effective stewardship in 2019. “We look forward to a fruitful year of collaboration that leads to concrete progress on the most critical issues for ASEAN members and the entire Indo-Pacific region. The time is ripe to realise the ASEAN Economic Community, build capacity in the industries of the future, and posture ASEAN as a driver of regional economic growth. ASEAN members, including Vietnam, have demonstrated a willingness to stand up for freedom of navigation and international law in the East Sea,” they said. They … [Read more...] about US senators congratulate Vietnam on assuming ASEAN Chairmanship

Big growth was seen in some large-cap stocks, especially banks such ash Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID), Vietinbank (CTG), Techcombank (TCB) and Military Bank (MBB). … [Read more...] about VN stocks increase, banks score big gains