Young athletes of the year 2020 to be honoured

The Hanoitimes - Prior to the pandemic, the city’s tourism had set the target of welcoming over 23 million domestic tourists, a year-on-year increase of 8%. Hanoi's tourism authorities will focus on attracting domestic travelers in post-Covid-19 as the country is still cautious about reopening borders to foreign tourists. Temple of Literature. Photo: Vietnamoimoi As tourism has become a driving force of the local economy, the city’s tourism authorities would step up efforts to stimulate domestic tourism from now until the end of the year, according to Director of the municipal Department of Tourism Tran Duc Hai. The city targets to welcome 10-11 million domestic tourists in the remaining months of 2020, higher than the same period of 2019, according to the department. However, it seems to be an ambitious plan. Tourist attractions in the city have reopened doors to visitors for a few days. However, the flow of tourists is equivalent to just 20% of the … [Read more...] about Hanoi’s tourism to lean on domestic market till end-2020

Yesterday, the Military Service Council of Thu Duc City and 21 other districts in Ho Chi Minh City held ceremonies to see off local young men to the army and public security force. The new recruits from Thu Duc City are ready to fulfil their duty to the nation. In 2021, 4,628 citizens from Ho Chi Minh City perform their service in military and public security forces, including two female citizens. Among them, 2.05% are official Party members, while 41.95% possess college and university qualifications. On the same day, localities in Military Region 2, including Ha Giang, Lao Cai, Son La, Lai Chau and Dien Bien, also hosted ceremonies to see young people off for military service. The enlisted were sent to 10 units belonging to the Military Region 2, the High Command of the Border Guard and units under the Ministry of Public Security. Among them, over 82% are between the ages of 18 and 21, nearly 50% are from H’Mong ethnic groups, and more than 15% belong to the Dao and Tay … [Read more...] about Thousands of youngsters join army

The results of 2020 business and 2021 outlook support the rise of bank stocks Ending the last session of February, the VN-Index stood at 1,168.47 points, corresponding to an increase of 111.86 points (10.59 per cent) compared to the previous month. The HNX-Index increased by 35.01 points (16.3 per cent) to 249.22 points. The UPCoM-Index also increased 4.56 points (6.33 per cent) to 76.64 points. Large-cap stocks recovered well in February as only the NVL ticker of Novaland decreased by 0.7 per cent. Meanwhile, as many as 14 other stocks in this group increased by over 15 per cent. The shares of VPBank (VPB), rose the most among the top 30 by market capitalisation with over 33 per cent. Following that, Thaiholdings (THD) also increased by 26 per cent and was a key factor helping the HNX-Index continue to break out recently. February was also a good month for banking stocks as, besides VPB, the stocks of Vietnam International Commercial Joint Stock Bank (VIB), Asia Bank (ACB), … [Read more...] about Bank stocks rising on back of bright prospects

The survey notes that the global economy contracted by around 4.5 percent in 2020, the biggest fall in global activity in several decades. Having recovered from lockdown-imposed weakness in the first half of the year, many economies again faced weakness as a second wave of COVID infections triggered renewed lockdowns. The survey envisions a steady recovery this year, but continued uncertainty limits the bounce in consumer and busines confidence, with pre-crisis output not being reached until mid-2022. The survey also indicates that the Global orders, employment and capital investment indices recorded a further modest improvement, but still point to activity well below the pre-crisis level in the fourth quarter of 2019. The “fear” indices which means the concern about customers and suppliers going out of business, edged lower in the fourth quarter (Q4) of 2020 but remain elevated, clearly underlining the extreme uncertainty in the global economic outlook at the start of 2021. At the … [Read more...] about Global economy: Fragile confidence in early 2021

According to the MoU, Pharmacity will become a partner in the customer care network of Hanwha Life. Customers of Hanwha Life Vietnam will be able to access the benefits provided from this collaboration as well as experience policy owner services such as premium payments at the system of over 500 drugstores of Pharmacity nationwide via payment service providers like Payoo, Momo, and VNPay. About 450 staff members and 44,000 agents of Hanwha Life will be the recipients of the incentives of Pharmacity. The MoU with Pharmacity also aims to realise Hanwha Life’s mission to build a comprehensive life solution for customers in Vietnam As a life insurance company pioneering co-operating with a leading healthcare partner, Im Dong Jun, CEO cum chairman of the Member Council of Hanwha Life Vietnam, said, “Healthcare is an essential part of our business, considering its nature. Particularly in the context of the pandemic, human health has become a great concern for most people and … [Read more...] about Hanwha Life Vietnam inks co-operation deal with Pharmacity