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
When will population reach 8 billion
VIETNAM NEWS HEADLINES MARCH 8
Vietnam begins COVID-19 vaccination on March 8 Vietnam launches its COVID-19 inoculation drive on March 8 morning, administering the AstraZeneca vaccine to medical workers in Hanoi, Ho Chi Minh City and northern Hai Duong province – the country’s biggest pandemic hotspot at present. The vaccination is conducted at the Central Hospital for Tropical Diseases in Hanoi, the HCM City Hospital for Tropical Diseases and two medical centres in Hai Duong. As many as 100 staff members of the Central Hospital for Tropical Diseases are expected to receive the shots in the morning of March 8. The hospital is allocated 450 doses among the first batch of 117,600 doses of AstraZeneca vaccine the country has received. In Hai Duong, 50 medical workers at Hai Duong city’s medical centre, and 30 others at Kim Thanh district’s medical centre will be the first in the province to be injected. The Ministry of Health has allocated the vaccine to 13 localities, along with the Ministry of National … [Read more...] about VIETNAM NEWS HEADLINES 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
Vietnamese cuisine introduced at Singapore Francophonie Festival
Singapore (VNA) – Vietnamese traditional dishes and products are being introduced at the Francophonie Festival 2021 that opened on March 8 in Singapore. The festival, themed “ Gender Equality ,” draws the participation of 21 countries. It has 16 major activities, including film, food and fine art festivals. Vietnam is one of the nine countries joining the food festival in the event, which has received great attention of not only the French-speaking community but also diplomatic delegations, international organisations and foreigners in Singapore. This is a chance for Vietnam to promote a number of Vietnamese food products that have been put into the retail system in Singapore . The International Organisation of La Francophonie (OIF) comprises 88 member countries and governments from five continents. The community has a population of over 1 billion covering all five continents, with more than 300 million French-speaking people. This is the first time that the … [Read more...] about Vietnamese cuisine introduced at Singapore Francophonie Festival