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Power network interconnection

Charity acts warm the poor’s hearts in Hanoi in pandemic time

The Hanoitimes - Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute in Hanoi city every day during Covid-19 pandemic time. Times of crisis can often bring out the best in people. The Covid-19 evolution remains unpredictable in Hanoi, thus deeds of many kindhearted Hanoians’ have been of great encouragement for the poor’ hearts in the capital city to overcome the pandemic time. The shining examples not only show kindness of Vietnamese people amid the pandemic, but also surprise a lot of foreigners in Vietnam and in the world. Donation of food and essential items Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute people in Hanoi city every day during Covid-19 pandemic time. The Hanoi city government has urged shops that sell non-essential goods and provide services to temporarily shut down to prevent Covid-19 from spreading. Although … [Read more...] about Charity acts warm the poor’s hearts in Hanoi in pandemic time

Equity investment in Vietnam reaches new peak

Vietnam reports most impressive growth in financial services regionally, particularly in the banking sector Global equity investment shed 13.1 per cent in the total number of transactions and plunged 33.8 per cent in total transaction value in the first half last year, compared to the corresponding period in 2019. Within the ASEAN-5 and Vietnam, equity transactions were slowing down last year compared to a robust 2019. The number of transactions dropped from 230 cases in the second half of 2019 to 200 cases in the first six months of 2020, meanwhile, the transaction value was curtailed by more than half, from $9.15 billion to just $4.3 billion. Amid chaos and uncertainties due to the coronavirus pandemic, Vietnam’s equity investment market has set a record with 59 transactions valued at $1.14 billion, a slight increase compared to 2019. Technology has maintained its growth momentum setting a five-year record in the number of transactions. Investments have channelled into … [Read more...] about Equity investment in Vietnam reaches new peak

New regulation on minimum trading lot at HOSE aims to keep small investors away

Around $200 billion is now in tumult after a succession of days of network congestion and the news about the required increase in minimum trading lot from 100 to 1,000 shares on the HCM City stock market. Nguyen Giang, owner of The Way Coffee, completed the procedure to open an account at SSI Hanoi Branch after hearing that the HCM CIty Stock Exchange (HOSE) was planning to increase the required minimum trading lot from 100 shares to 1,000 shares. The reason behind the plan, as explained by Le Hai Tra, HOSE’s CEO, was to ease the overload. However, this was not good news for many investors, including Giang. Because of Covid-19, he no longer can work as an outbound tour guide, which he did for 10 years. In 2020, he opened a street coffee shop. However, the third Covid-19 outbreak once again affected his business. Giang then decided to make financial investments as he has confidence in the bright prospects of the stock market. However, the calculations of the investor may … [Read more...] about New regulation on minimum trading lot at HOSE aims to keep small investors away

King Ly Thai To makes a milestone in the city’s history

The Hanoitimes - With the relocation of the capital and a comprehensive reform, Ly Cong Uan (King Ly Thai To) and his descendants succeeded in building a strong nation. Peaceful ascension to the throne The kings of the Early Le Dynasty, founded in 980, embarked on effective reforms to stabilize the political and economic situation. However, the decease of king Le Dai Hanh in 1005 led to infighting within the royal family for succeeding him. In the end, Le Dai Hanh’s fifth son, Le Long Dinh, defeated other princes to claim the crown. However, the brutal struggle that he fought for the throne caused resentment among the people. The statute of Ly Cong Uan in Hanoi. Photo: Jenna Duong. In 1009 when Le Long Dinh died at the age of 24 and his children were very small, Ly Cong Uan, a talented dignitary was supported by other court officials to ascend to the throne, peacefully seizing power from the Le. It is known as the most peaceful change of dynasty in the … [Read more...] about King Ly Thai To makes a milestone in the city’s history

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