Land development ministry

Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into … [Read more...] about VIETNAM BUSINESS NEWS MARCH 8

Vietnam begins COVID-19 vaccination on March 8 Vietnam launches its COVID-19 inoculation drive on March 8 morning, administering the AstraZeneca vaccine to medical workers in Hanoi, Ho Chi Minh City and northern Hai Duong province – the country’s biggest pandemic hotspot at present. The vaccination is conducted at the Central Hospital for Tropical Diseases in Hanoi, the HCM City Hospital for Tropical Diseases and two medical centres in Hai Duong. As many as 100 staff members of the Central Hospital for Tropical Diseases are expected to receive the shots in the morning of March 8. The hospital is allocated 450 doses among the first batch of 117,600 doses of AstraZeneca vaccine the country has received. In Hai Duong, 50 medical workers at Hai Duong city’s medical centre, and 30 others at Kim Thanh district’s medical centre will be the first in the province to be injected. The Ministry of Health has allocated the vaccine to 13 localities, along with the Ministry of National … [Read more...] about VIETNAM NEWS HEADLINES MARCH 8

No new COVID-19 infections logged on March 9 morning Vietnam reported no new COVID-19 cases in the past 12 hours to 6:00 am on March 9, according to the National Steering Committee for COVID-19 Prevention and Control. The country recorded 1,586 domestically-transmitted infections, including 893 cases since the latest outbreak began on January 27. As many as 45,219 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 506 in hospitals, 14,266 in other quarantine sites, and 30,446 at home. Among the patients under treatment, 65 have tested negative for SARS-CoV-2 once, 57 twice, and 137 thrice. The Treatment Sub-committee said that 1,920 patients have been declared to be clear of the coronavirus so far. Vietnam launched its COVID-19 vaccination programme on March 8, with healthcare workers being first in the queue. They received AstraZeneca vaccine shots, which was granted the Emergency Use … [Read more...] about VIETNAM NEWS HEADLINES MARCH 9

As 2020 is coming to end, how do you evaluate the development of businesses that received recognition during the Vietnam Value Programme? Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade After 17 years of running the programme with seven times choosing national brands, we have witnessed the continuous growth of many domestic enterprises. At the first selection in 2008, we saw only 30 chosen companies with their products. By 2018, this number had grown to 97, and this year we have recorded 124 enterprises and their brands. However, the growth of the business community has not only happened in the number of participating businesses, but also export turnover, sales, and their contribution to the state budget, as well as their efforts in social responsibility and job creation. For example, firms recognised as national brands in 2018 reached a revenue of about VND907 trillion ($39.4 billion), with their export turnover … [Read more...] about Initiative’s success helped by quick response to pandemic

12 people have tested positive for SARS-CoV-2 in Vietnam, raising the total number of patients in the country to 2,524, the Ministry of Health reported on Monday evening. Illustrative photo According to the ministry's report, three of the new patients are Chinese experts who arrived from South Korea to Tan Son Nhat Airport in Ho Chi Minh City on March 5. They were sent to a local quarantine area upon arrival and tested positive for SARS-CoV-2 on March 6. The three Chinese men are now being treated at the Cu Chi Fields Hospital for Covid-19 patients. One other patient is a 44-year-old Taiwanese man who landed at Tan Son Nhat Airport on February 22. He was sent to a quarantine area in Binh Duong Province upon arrival and tested positive for SARS-CoV-2 in his second testing on March 7. The patient is being treated at Binh Duong Provincial General Hospital. Seven other patients are Vietnamese citizens who returned from the Philippines to Cam Ranh Airport … [Read more...] about Vietnam records 12 new Covid-19 patients on Monday