In the morning, members of the committee discussed in groups the working agenda of the committee throughout the 13th tenure after listening to a proposal on the agenda, which was presented by Politburo member and permanent member of the Party Central Committee's Secretariat Vo Van Thuong. In the afternoon, they attended a plenary session to listen to the Politburo’s proposal on the completion of the nomination of candidates for a number of leadership positions in State agencies in the 14th tenure of the 2016-2021 term and the 15th tenure of the 2021-2026 term. The plenum of the Party Central Committee is scheduled to conclude on March 9. … [Read more...] about Central Party Committee discusses whole-term working agenda, personnel work
Vo van thuong
VIETNAM BUSINESS NEWS MARCH 8
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
Initiative’s success helped by quick response to pandemic
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
Flexibility necessary for airlines to prosper
Much of Vietnam Airlines’ fleet has been grounded due to the pandemic According to Le Hong Ha, deputy general director of Vietnam Airlines, the carrier has been fully aware of its responsibility to preserve and develop its products and services to both maintain the economic vein of the country and promote its golden lotus logo to bolster Vietnamese aviation and promote the nation’s culture and tourism across the world. As a bridge between regions and the world, Vietnam Airlines is committed to maximising its potentials to support domestic businesses in delivering their products to not only customers all over the country but also to numerous international friends. In 2020, Vietnam Airlines has been reaffirming its position as the top-quality airline of the nation and continuously maintained its 4-star services according to international standards. At the emergence of the pandemic, the carrier immediately applied distinct solutions to ensure safety for passengers, such as … [Read more...] about Flexibility necessary for airlines to prosper
Trees thousands of years old – treasures beyond price
No measure of money can be exchanged for the mark of time. These trees, with a lifetime of over 1,000 years, are associated with national culture and history. Apitong tree dates back to Hung Kings Vietnam’s oldest tree has been carefully taken care of by authorities. Topping the list of longevity is the apitong tree, which holds the record for the oldest tree in Vietnam and is related to the sacred tale of Thien Co temple (Trung Vuong commune, Viet Tri city, Phu Tho province). According to scientists, the tree is more than 2,100 years old. Legend has it that the temple is located on the capital land of the ancient Van Lang country. This apitong tree, over the two millennia, has been a witness to the natural and social history of the locality with invaluable cultural and spiritual values. It was recognized as a Heritage Tree by Vietnam Association for Conservation of Nature and Environment (VACNE) on May 28, 2012. Thien Co temple worships the wedded couple, … [Read more...] about Trees thousands of years old – treasures beyond price