A Vietcombank office. The bank's stock were among the large-caps that fell on Monday. — Photo vietcombank.com.vn HÀ NỘI — Vietnamese shares slipped on Monday as investors continued seeking profits from previous gains made by large-caps. The benchmark VN-Index on the Hồ CHí Minh Stock Exchange dropped 0.70 per cent to close at 1,002.91points. Việt Nam’s benchmark index closed down 1.2 per cent last week. More than 184.3 million shares were traded on the southern bourse, worth VNĐ4.2 trillion (US$181.5 million). Declining stocks outnumbered gainers by 197 to 132, indicating relatively strong selling pressure. The stock market was under large-scale selling pressure and the VN-Index was pushed back near 1,000 points. The benchmark VN-Index lost in four of all five trading days last week after having approached the 1,025-point level on November 6. According to analysts, the 1,025-point zone would be a very … [Read more...] about Local stocks keep falling on profit earning
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Innovative start-ups will enjoy financial support from the National Technology Innovation Foundation (NATIF) fund, according to a directive issued by Prime Minister Nguyễn Xuân Phúc.— VNA/VNS Photo HÀ NỘI — Innovative start-ups will enjoy financial support from the National Technology Innovation Foundation (NATIF) fund, according to a directive issued by Prime Minister Nguyễn Xuân Phúc. Phúc asked the Ministry of Science and Technology (MoST) to draft a charter on the operation of NATIF to include innovative enterprises as recipients of the fund by the end of the year. Under the directive, innovative start-ups will enjoy preferential loans and guarantees to incubate new ideas and business models. Star-ups will need to ensure they comply with the Law on Support for Small- and Medium-Sized Enterprises as well as the criteria set out by the fund. The directive aims to lure investment in innovative start-ups from domestic … [Read more...] about PM urges increased support for innovative start-ups
DHL Global Forwarding delivered more than one million books to the Big Bad Wolf Book Sale events across AsiaThe success of each book sale event hinges on the timely delivery of over 70 TEU of books, supported by DHL Global Forwarding's expertise in ocean and road freight, customs clearance, warehousing, and trade fair services KUALA LUMPUR, MALAYSIA - Media OutReach - 19 November 2019 - The Big Bad Wolf Book Sale, which first started in Selangor, Malaysia, has become synonymous all over the world with affordable books and large-scale book sale events. DHL Global Forwarding lent its expertise in end-to-end logistics to bring millions of books of all genre for the Big Bad Wolf Book Sale to reach the readers in countries like Sri Lanka, Pakistan, Thailand, Myanmar, Indonesia, Philippines, South Korea and Taiwan."In just 10 years, the Big Bad Wolf Book Sale has grown from a single book sale in Kuala Lumpur into a regional literary phenomenon that has defied pessimism about the … [Read more...] about DHL Global Forwarding Partners Big Bad Wolf Books to Co-author Asia’s Literary Resurgence with Massive Book Sales
Le Quan, Vice Minister of Labour, War Invalids and Social Affairs talks to Vietnamnet online newspaper on his ministry’s efforts to raise job training quality. Le Quan, Vice Minister of Labour, War Invalids and Social Affairs. Photo: VNN What percentage of students who take vocational courses find jobs following graduation? The quality of vocational training courses in Vietnam has improved considerably. It has switched from the traditional practice of supply to demand with content based on actual job demands in the labour market, particularly from foreign direct investment enterprises. According to reports from the 63 provincial Departments of Labour, Invalids and Social Affairs, in 2018, up to 85 per cent of graduate students from colleges and secondary vocational schools nationwide got jobs immediately following graduation. Recently, Prime Minister Nguyen Xuan Phuc approved a proposal on the Development of High Quality College. Vietnam now has 100 high quality colleges … [Read more...] about VN vocational schools should be restructured: official
Experts warn that if state-owned enterprises (SOEs) make outward investments, the state would lose capital. Reports all show state-owned economic groups and general corporations have bad business performance and many of them have fallen into deadlock. VietinBank opens its branch in Laos The low capability of SOEs is blamed on the lack of a mechanism that promotes competition. In order to encourage competition, an economist, at a recent workshop on SOE reform, suggested a policy which forces SOEs to make outward investments. When doing this, SOEs will have to compete with rivals in the international market. If enterprises can export their products to choosy markets, this means that they have high competitive capability. When doing this, SOEs will have to compete with rivals in the international market. If enterprises can export their products to choosy markets, this means that they have high competitive capability. The economist cited China as an example. The country has … [Read more...] about Should SOEs make outward investments?