Stronger vietnam

Screens show share prices at VNDirect Securities Corporation. The firm's IPA Asset Management and other investment funds in Vietnam are eyeing further improvement in 2020 (Photo: tbck.vn) Hanoi (VNS/VNA) - Open-end funds in Vietnam are looking forward to better performance in 2020 as more investors seek assistance from funds’ products and services. The number of investors opening new accounts at open-end funds in Vietnam was 35,000 at the end of September, according to the Vietnam Securities Depository (VSD). Meanwhile, only 900 accounts were closed. The total number of trading accounts at open-end funds in Vietnam as of September 30, 2019 was 110,000 – which was 12 times the figure recorded four years ago. The total number of active funds in Vietnam was 28. In 2019, six new funds were set up. Most investors are domestic individuals. More than 720 accounts belong to foreign individual investors. In addition, nearly 100 foreign institutional investors and more than 220 … [Read more...] about Open-end funds expect stronger performance in 2020

Prime Minister Nguyen Xuan Phuc and Australian counterpart Scott Morrison expressed their serious concerns over the recent developments, including militarization and hindrance of oil exploitation projects, in the East Sea. Prime Minister Nguyen Xuan Phuc and Australian Prime Minister Scott Morrison shake hands before their talks at the Government Office, Ha Noi, August 23, 2019. Photo: VGP At the talks on Friday, the two leaders emphasized the importance of freedom of navigation and overflights, observation of international law, and maintenance of rule-based order. They called on parties to exercise self-restraint and avoid actions that may further complicate the situation in the East Sea. The pair reaffirmed that all countries need to continue settling disputes through peaceful measures while underlining the importance of dispute resolution mechanisms under the 1982 United Nations Convention on the Law of the Sea (UNCLOS), calling on parties to respect and implement the … [Read more...] about Vietnam, Australia express serious concerns over developments in East Sea

Deputy Prime Minister Vuong Dinh Hue (R) welcomes Takebe Tsutomu, Special Advisor to the Japan-Vietnam Friendship Parliamentary Alliance. (Photo: VNA) During the meeting, the Japanese guest told his host that around 1,000 delegates who are parliamentary and government officials and  business representatives from Japan led by Secretary General of the Liberal Democratic Party and Chairman of the Japan-Vietnam Friendship Parliamentary Alliance Nikai Toshihiro are set to visit Vietnam in January next year. They will meet with Vietnamese Government and National Assembly agencies and the Vietnamese business community in central city of Danang, he added. Host and guest also consented to push ahead with stronger cooperation in trade, investment and human resources development and promote experience sharing and technology transfer in agriculture in the time to come. … [Read more...] about Vietnam sticks importance to extensive strategic partnership with Japan

2016 was already impressive because arrivals hit 10 million for the first time ever, registering a 25 percent increase in arrivals over 2015 Vietnam just completed another record year of tourism success in 2017, welcoming 30 percent more visitors than in 2016 and hitting 13 million arrivals for the year, far exceeding the original target of 11.5 million visitors.  2016 was already impressive because arrivals hit 10 million for the first time ever, registering a 25 percent increase in arrivals over 2015.  If the current rate of increase continues, Vietnam will welcome over 20 million visitors in 2019. That’s fantastic, right? Businesses are succeeding and expanding, people are moving up the ladder and motivated, so the tourist experience will just keep getting better! There will be more roads, flights, bigger and better airports, tourist sites developed, more options for dining and entertainment – you name it and it will get bigger and better. Almost everything … [Read more...] about ​Keeping your belongings safe when travelling in Vietnam (Part 1)

The consumer price index (CPI) between January and May increases by 2.74 percent from the same period last year. (Photo: VNA) Hanoi (VNA) – The consumer price index (CPI) between January and May increased by 2.74 percent from the same period last year – the slowest five-month pace over the last three years, according to the General Statistics Office (GSO). The GSO said on May 29 that the CPI in May grew by 0.49 percent from April, 1.5 percent from December 2018, and 2.88 percent from the same period last year. Compared to the previous month, nine of the 11 groups of main consumer goods and services recorded price hikes in May, including transport (up 2.64 percent); housing fees and construction materials (1.28 percent); beverage and cigarette (0.18 percent); and garments, headwear, and footwear (0.12 percent). Price declines were reported in medicines and healthcare services (down 0.06 percent), and postal and telecom services (0.05 percent). Explaining the CPI … [Read more...] about Five-month CPI rises 2.74 percent year-on-year