Foreign exchange risk

Sappers are searching for war-left bombs and mines (Source: VNA) Quang Tri (VNA) – Several foreign-funded projects have been conducted in the central province of Quang Tri over the past two decades, helping the locality to clear bombs and mines left from war. Quang Tri is one of localities most affected by the aftermath of war, with 81 percent of the province’s total area polluted with unexploded ordnance (UXO).  Statistics from the provincial centre for overcoming bomb and mine consequences show that by April 2018, bomb and mine accidents had killed 3,430 people and injured 5,100 others, including many children. Demining projects in Quang Tri have been funded by many foreign agencies, including the foreign ministries of Germany, the US and Norway, the Federal Ministry of Economic Cooperation and Development of Germany, the UK’s Department for International Development, Ireland’s development assistance fund, UNICEF and the … [Read more...] about Foreign-funded projects help Quang Tri deal with unexploded ordnance

Stock Market Vietnam stocks tumble The Saigon Times Daily Thursday,  Dec 5, 2019,20:00 (GMT+7) Vietnam stocks tumbleThe Saigon Times Daily A securities employee monitors share prices. The local stock market fell today, December 5, 2019 - PHOTO: THANH HOA HCMC – The local market lost steam today, December 5, with the VN-Index falling nearly 0.3% from the session earlier. The benchmark index reversed course after bouncing back in the previous session. That rattled investors as they turned clueless about the upcoming market movements. According to Bao Viet Securities Company, the market is expected to move in the range of 950 and 970 points before clearer clues of direction emerge. In addition, it is forecast to make headway in the second half of December, particularly after the restructuring of exchange-traded funds (ETFs). In a recovery scenario, it will likely retest the resistance range of 990-995 points in the … [Read more...] about Vietnam stocks tumble

At the event (Photo: VNA) During his opening speech at AMF 9, Vu Ho, Director General of the ASEAN Department under Vietnam’s Ministry of Foreign Affairs, affirmed that co-operation and maritime security will remain a top priority for the ASEAN bloc and its affiliates. At present, over 12 ASEAN agencies are actively involving in maritime co-operation events by ensuring a consistent level of maritime security and safety, carrying out search and rescue work, combating piracy, fighting illegally fishing, protecting the environment, as well as dealing with plastic waste. The forum also aims to review co-operation activities, identify obstacles and discuss measures in a bid to further increase the efficiency of co-operation in the crucial field.  Ho also requested that ASEAN members continue to be active in exchanging and proposing solutions to elevate the role of the ASEAN Maritime Forum and the Expanded ASEAN Maritime Forum as a way of promoting dialogues and co-ordination … [Read more...] about Ninth ASEAN Maritime Forum gets underway in Danang