Ajax Amsterdam, the four-time European champions, will take on Swiss club Young Boys, while Arsenal face Greek side Olympiakos and Tottenham Hotspur, the third English club to reach the last 16, will tackle Dinamo Zagreb. European debutants Granada of Spain will face Norwegian club Molde while AS Roma face a tough tie against seasoned European contenders Shakhtar Donetsk. * Werder Bremen's United States forward Josh Sargent scored the winner as his struggling side came from a goal down at halftime to beat Eintracht Frankfurt 2-1 in the Bundesliga on Friday and hand the visitors a first league defeat of the year. Victory moved Werder eight points above the relegation zone while ending fourth-placed Frankfurt’s 11-match unbeaten run in the Bundesliga, stretching back to early December. * Fifteen-time major winner Tiger Woods is recovering and in "good spirits" after he received successful follow-up procedures on injuries sustained this week in a car accident, according to a statement … [Read more...] about Milan v Manchester United lights up Europa League last 16 draw
Good beer to give as gift
HCM City to meet yearly budget revenue targets
Vo Van Hoan, Vice Chairman of the city People’s Committee, said in the first two months, on average the city collected 2.9 trillion VND each day, which was higher than the average daily revenue. In January, the city collected 40 trillion VND, up 2.9 percent year-on-year, he added. To date it has collected 74,500 billion VND, accounting for more than 20 percent of the year’s target, up 10.5 percent year-on-year. The Tax Department aims to collect at least 25 percent of the yearly budget revenue target in the first quarter. The city’s retail sales of goods and services increased by 4.7 percent, while industrial production went up 6 percent in the first two months. The city’s exports reached 8 billion USD, a rise of 25 percent year-on-year (three major exports with increased revenues are fertilisers, plastic materials and auto spare parts). More than 3,800 enterprises resumed operation in the first two months (up 3 percent year-on-year). Some 700 enterprises completed … [Read more...] about HCM City to meet yearly budget revenue targets
Global economy: Fragile confidence in early 2021
The survey notes that the global economy contracted by around 4.5 percent in 2020, the biggest fall in global activity in several decades. Having recovered from lockdown-imposed weakness in the first half of the year, many economies again faced weakness as a second wave of COVID infections triggered renewed lockdowns. The survey envisions a steady recovery this year, but continued uncertainty limits the bounce in consumer and busines confidence, with pre-crisis output not being reached until mid-2022. The survey also indicates that the Global orders, employment and capital investment indices recorded a further modest improvement, but still point to activity well below the pre-crisis level in the fourth quarter of 2019. The “fear” indices which means the concern about customers and suppliers going out of business, edged lower in the fourth quarter (Q4) of 2020 but remain elevated, clearly underlining the extreme uncertainty in the global economic outlook at the start of 2021. At the … [Read more...] about Global economy: Fragile confidence in early 2021
Bank stocks rising on back of bright prospects
The results of 2020 business and 2021 outlook support the rise of bank stocks Ending the last session of February, the VN-Index stood at 1,168.47 points, corresponding to an increase of 111.86 points (10.59 per cent) compared to the previous month. The HNX-Index increased by 35.01 points (16.3 per cent) to 249.22 points. The UPCoM-Index also increased 4.56 points (6.33 per cent) to 76.64 points. Large-cap stocks recovered well in February as only the NVL ticker of Novaland decreased by 0.7 per cent. Meanwhile, as many as 14 other stocks in this group increased by over 15 per cent. The shares of VPBank (VPB), rose the most among the top 30 by market capitalisation with over 33 per cent. Following that, Thaiholdings (THD) also increased by 26 per cent and was a key factor helping the HNX-Index continue to break out recently. February was also a good month for banking stocks as, besides VPB, the stocks of Vietnam International Commercial Joint Stock Bank (VIB), Asia Bank (ACB), … [Read more...] about Bank stocks rising on back of bright prospects
Thousands of youngsters join army
Yesterday, the Military Service Council of Thu Duc City and 21 other districts in Ho Chi Minh City held ceremonies to see off local young men to the army and public security force. The new recruits from Thu Duc City are ready to fulfil their duty to the nation. In 2021, 4,628 citizens from Ho Chi Minh City perform their service in military and public security forces, including two female citizens. Among them, 2.05% are official Party members, while 41.95% possess college and university qualifications. On the same day, localities in Military Region 2, including Ha Giang, Lao Cai, Son La, Lai Chau and Dien Bien, also hosted ceremonies to see young people off for military service. The enlisted were sent to 10 units belonging to the Military Region 2, the High Command of the Border Guard and units under the Ministry of Public Security. Among them, over 82% are between the ages of 18 and 21, nearly 50% are from H’Mong ethnic groups, and more than 15% belong to the Dao and Tay … [Read more...] about Thousands of youngsters join army