To balance a tire

The Hanoitimes - Ambassador of Norway to Vietnam Grete Løchen has shared her thoughts with Hanoitimes about how Vietnam and Hanoi, as a safe and stable investment destination for investors, can advance green growth. In May 2019, Chairman of the Hanoi People’s Committee’s Nguyen Duc Chung, while accompanying Prime Minister Nguyen Xuan Phuc on his official visit to Norway, had a meeting with leading companies and business groups of Norway to discuss cooperation opportunities. Ambassador of Norway to Vietnam, Grete Løchen. Photo: Embassy of Norway Covid-19 has also showcased the importance of developing better digital platforms within health, education, finance as well as more focus on healthy living and eating habits. With a more health-conscious Vietnamese population, fresh Norwegian seafood would be very attractive for the Vietnamese market. As soon as Vietnam resumes international commercial flights, I’m confident that Norwegian businesses will be coming … [Read more...] about Time for Hanoi to focus on greener and cleaner investments: Norway envoy

The Hanoitimes - As of December 31, 2020, the total value of G-bonds reached more than VND1,350 trillion (US$58.55 billion), up 17.39% year-on-year. The State Treasury of Vietnam raised nearly VND324 trillion (US$14.04 billion) through Government bonds (G-bonds) auctions at the Hanoi Stock Exchange (HNX) in 2020, 8% above the year’s plan. Vietnam strives to have its government bond included in global recognized bond indices in 2021. Photo: Pham Hung. Last December, the HNX organized 25 government bonds auctions and received VND53 trillion (US$2.3 billion), up 43.6% month-on-month. Successful bidders for G-bonds from 10 to 30-year term, however, would have to settle with interest rates of 0.1 – 0.2 percentage points lower than in previous month. On the secondary market, the total volume of G-bonds sold by the outright method reached over 1.93 billion worth VND213.7 trillion (US$9.26 billion), up 30.38% in value from a month earlier. Trading volume through … [Read more...] about Gov’t raises more than $14 billion via G-bonds in 2020

The detection and settlement of wildlife crimes in Vietnam have recoded strides over the last five years, according to Deputy Director of the Education for Nature Vietnam (ENV) Bui Thi Ha. Rescued bears kept in a semi-natural habitat (Photo: VNA) Talking to the Vietnam News Agency ahead of the World Wildlife Day (March 3), Ha highly valued many organisations’ assistance for authorities in monitoring violations. However, she noted, there remain a number of challenges to the fight against wildlife crimes. The discovery of infringements and seizure of prohibited goods are initial successes, but they are only useful when helping with the investigation into trafficking rings and ringleaders, she said. Ha pointed out that although the legal system on the conservation and sustainable development of wild animals has been gradually completed, wildlife-related violations remain complex in some localities, posing higher extinction risks to many wild … [Read more...] about Progress seen in settlement of wildlife crimes: insider

JP Morgan, May Bank selected TCB share as the top pick among Vietnam’s listed banks In a report, JP Morgan has stated that Vietnamese banks offer the best combination of growth and Return on Equity (ROE) in ASEAN. High nominal GDP growth and resilience in the last 12 months provide visibility on credit and earnings growth over the next few years. In particular, JP Morgan has reiterated its “overweight” rating on Techcombank – Vietnam’s leading commercial lender – with an upbeat outlook on the bank’s performance. The target price for the bank’s share is VND55,000 ($2.4) per share as of December 2021, calculated via JP Morgan’s two-stage dividend discount model. The rally in the bank’s share price as the top pick among Vietnam’s listed banks is fuelled by multiple indicators. According to the US-based financial group, Techcombank is the most profitable bank in the country on ROA despite having a low deposit market share of 3 per cent. Expecting a 16 percent EPS CAGR … [Read more...] about JP Morgan, May Bank selected TCB share as the top pick among Vietnam’s listed banks