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As the benchmark Vn-Index is on track to reach the new height of 1,300 points in short-term, domestic capital inflows would serve as a major driver for growth. Foreign investors maintaining their status as net seller for the past few months has not had significant impact to the stock market’s performance as in previous years, according to Bao Viet Securities Company (BVSC). Investors at a securities center in Hanoi. Photo: Cong Hung As of April 9, foreign investors net sold a total of VND11.45 trillion (US$496 million) on the stock market, of which over VND11 trillion (US$476.43 million) was on the Ho Chi Minh City Stock Exchange (HoSE), home to the majority of large-caps. “While the amount remains large, the level of influence from foreign investors to the market’s prospect is limited,” stated the BVSC, referring to the low ratio of its selling value to the total of transaction value at 8.5% year-to-date. Such rate is significantly lower than the 11.8% … [Read more...] about Foreign capital not weigh on VN stocks: BVSC

The market ended lower last week as many large-cap stocks faced selling pressure after the VN-Index hit a new high of over 1,255 points. Novaland Investment Group's head office in Nguyen Du Street, District 1, Ho Chi Minh City. — Photo vinhomecitys.com Some analysts from securities firms expected that the market's bullish trend will continue this week, while others were more cautious and see a downward trend dominating the market. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell 8.54 points, or 0.68 per cent, in Friday's trade to 1,238.71 points. The index hit a record high of 1,255.87 points on Wednesday. For the week, the index still rose slightly by 0.57 per cent, while foreign investors net sold a value of over VND2.4 trillion. Analyst from Saigon - Hanoi Securities JSC (SHS) said that the third straight weekly gain of the market and a new record in liquidity showed investors' big interest during this period. However, based on … [Read more...] about Will market continue its downward trend this week?

Three Vietnamese people who recently returned from abroad have tested positive for SARS-CoV-2, raising the total number of patients in the country to 2,784, the Ministry of Health reported on Sunday evening. Illustrative photo According to the ministry's report, the newly-reported patients include two men and a woman aged between 23-51 who returned from Japan, Angola, and the US. They were sent to quarantine areas in Khanh Hoa, Hoa Binh, and Bac Ninh provinces upon arrival and are now being treated at local hospitals and healthcare centres. With these new infection cases, the number of Covid-19 patients in Vietnam has increased to 2,784, including 910 locally-transmitted cases reported since the new outbreak started in Hai Duong on January 28. As of 6 pm on April 18, a total of 2,475 Covid-19 patients had recovered and been discharged from hospital. There have been 35 deaths, most of them being the elderly with serious underlying diseases. At present, … [Read more...] about Vietnam reports three more imported Covid-19 patients on Sunday

Three fresh imported cases of Covid-19 reported The Saigon Times A local volunteer gets a shot of Covid-19 vaccine. Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19 – PHOTO: VNA HCMC - Three Vietnamese citizens who returned home from overseas and were quarantined upon arrival have been diagnosed with Covid-19, raising Vietnam’s tally to 2,784 cases as of this evening, April 18, said the Ministry of Health. Of them, a Saigonese flew home from the U.S. on April 6, arriving at Van Don International Airport in Bac Ninh Province. He is under medical treatment and quarantine at Hoa Binh Province General Hospital. Besides this, a resident of Nghe An Province returned home from Angola through the Van Don airport on March 31. She is being treated at Bac Ninh Province General Hospital. The remaining patient is a Hanoian. He arrived home from Japan through Cam Ranh International Airport on April 14 … [Read more...] about Three fresh imported cases of Covid-19 reported

Ru Cha is a primeval mangrove forest in the Tam Giang - Cau Hai Lagoon in Thua Thien - Hue Province. Nguyen Ngoc Dap, 77, and his wife Tran Thi Hong, 75, have been living in a 20- square-meter house as the only human residents of the mangrove forest for nearly four decades. "38 years ago, my wife and I left the Thuan Hoa B village to live here and sent our kids to live with relatives. At that time, Ru Cha was really rich with fish and other seafood ," Dap said. Hong shows a photo of her and her husband in their Ru Cha house. An early challenge for the isolated life they had chosen was the lack of freshwater. Dap ha d to go to the village to get freshwater every day. E arly morning, Dap sets off in his small boat to catch fish and shrimp. The couple then take the catch to the Thuan … [Read more...] about Empowered couple lives off the grid for 38 years