Vn index enters third straight gaining session vnexpress international

Largecap stocks recover, driving main index up The Saigon Times An employee of a securities firm monitors stock information on the computer screen. The VN-Index of the Hochiminh Stock Exchange managed to reverse course to end higher today, March 2 – PHOTO: VNA HCMC – The VN-Index of the Hochiminh Stock Exchange managed to reverse course to end slightly higher today, March 2, buoyed by a number of large-cap stocks that bounced back at the end of the session. Trading in the local market was busy in the morning but started slowing down in the afternoon as investors were concerned that a technical error would continue to clog trade when market turnover had remained high. Closing the session, with 227 advancers and 190 decliners, the benchmark index added 0.44 point, or 0.04% over the session earlier at 1,186.35. Turnover of the HCMC market dropped over 10% in volume and 5% in value at over 577 million shares and more than VND15 trillion, including around VND1.4 … [Read more...] about Largecap stocks recover, driving main index up

An overview of the Aqua City project developed by Novaland in the southern province of Dong Nai. Novaland is among companies w hose capitalisation is valued at billions of dollars on the market (Photo: novaland.com.vn) Hanoi (VNS/VNA) – Vietnam’s stock market reached approximately 87.68 percent of the country’s Gross Domestic Product (GDP) as of the end of 2020, the highest rate reported so far. The other two high rates recorded were in August 2018 at 84.57 percent and March 2018 at 83.08 percent. Including the government bond market and corporate bond market , the value of Vietnam’s entire stock market by the end of 2020 exceeded 110.64 percent of GDP, this is also the highest rate ever recorded. New cash flow continuously pouring into the market since the second half of 2020 has boosted liquidity. December 2020 and January 2021 were two months witnessing record matching value, of more than 250 trillion VND (10.8 billion USD) and more than 300 trillion VND on … [Read more...] about Stock market size reaches 88 percent of GDP

The revenue is almost twice the sum it has been assigned for per day this year, municipal vice chairman Vo Van Hoan said at an online meeting Tuesday. He said the government has tasked HCMC with earning VN365 trillion in budget revenues this year, which means it has to earn VND1.5 trillion each day. As of now, the city has collected VND74.5 trillion, up 10.5 percent against the same period last year. "Given what has been happening, the city will be able to complete the mission assigned by the central government," Hoan said. HCMC earned budget revenues of VND410 trillion in 2019, roughly 27 percent of the national figure and 3.3 percent higher than the target. Last year, due to the pandemic impact, it achieved just 91.5 percent of the target, earning VND371 trillion. HCMC’s population makes up 9.5 percent of the nation’s 96 million, its labor force accounts for 8.2 percent of the nation’s, but for several years now, it has repeatedly been the biggest money maker, … [Read more...] about In pandemic times, HCMC overachieves state budget collection target

What are the principles to build forest environment and CO2 indexes? Prof. Pham Van Dien, deputy director general of the Vietnam Administration of Forestry (VNFOREST) The forest environment index would be a measure of the capacity to decrease CO2 emissions while simultaneously increasing absorption. A key part of this is forest carbon stock, the amount of carbon that has been sequestered from the atmosphere and is stored within the forest ecosystem. Comparing the forest environment index with actual emissions will help set payments for reducing emissions and establish a market for international emissions trading for sellers, buyers, and intermediaries alike. Regarding the CO2 index, I believe there are two theoretical avenues that can be taken. The index can either concern the carbon emissions of each facility separately, with the upper limit being the emissions quota allotted for them, or look at the net emissions of the entire market and carbon credit created … [Read more...] about Pooling all efforts for the carbon market

Red Spring Festival expects to collect over 4,000 blood units Young people donate their blood In his opening remarks, Director of the National Institute of Hematology and Blood Transfusion (NIHBT) Bach Quoc Khanh, who is head of the festival’s organizing board, said that the festival has been held annually since 2008 to address blood shortages after the lunar New Year holiday, and gradually changed public awareness of blood donation. After 13 editions, the festival has collected over 85,000 blood units and become the annual biggest blood donation event. Khanh took the occasion to express his gratitude for donators nationwide. The 14th edition is taking place from March 1-7 at the NIHBT headquarters, and three fixed places - 26 Luong Ngoc Quyen in Hoan Kiem district, 132 Quan Nhan in Thanh Xuan district, and Valley 122 of Lang Street in Dong Da district. The organizing board expects to receive over 4,000 blood units during this year’s festival, which then will … [Read more...] about VIETNAM NEWS HEADLINES MARCH 2