Credit policies trigger decline

Investors worries that they could not borrow more money from commercial banks for securities investments offloaded their shares on November 26, darkening market prospects and pushing the VN-Index under 500 points.

ASEAN, China to confer on transnational crime

The sixth conference of ASEAN-China Prosecutors General, in Hanoi on Nov. 24-25, will focus on transnational crime, the Supreme People’s Procuracy of Vietnam (SPP) announced at a press briefing on Nov. 19.
Culture - Sports

Music festival to welcome home Vietnamese expats

A musical festival entitled Vietnam, Que Huong Toi (Vietnam, My Homeland) will be held in Hanoi between November 22 and 24 at the National Convention Centre to celebrate the first conference of overseas Vietnamese taking place on November 21.

Vietnam financial sector attractive for investors

Vietnam has become a preferred destination of international financial investors due to the rapid liberalisation, privatisation and globalisation of the economy, the US market research company RNCOS said in a recent report.

Tighter credit squeezes shares

A wave of profit-taking swamped gains by major shares early in the Nov. 23 session on the HCM Stock Exchange and sent the VN-Index into a sharp decline.

The Index ended the day down 3.34 percent to 537.29 points, while trading remained active. Market value reached 2.37 trillion VND (131.6 million USD) on a volume of 47.85 million shares.

5,000 join walk for poor children in Mekong basin

More than 5,000 people will join a walk to raise funds for academically outstanding poor children in four countries in the Mekong basin, the organising board said at a preparation meeting on Nov. 20.

Philippines sees record high in remittances

Filipinos working overseas sent home a record high 8.5 billion USD in the first half of the year, up 2.9 percent against the same period last year, the central bank of the Philippines said on Aug. 17.

France wishes to further relations with Vietnam

French Prime Minister Francois Fillon expressed his country’s wish to further develop its traditional friendship and cooperation with Vietnam while meeting with Secretary of the Ho Chi Minh City Party Committee Le Thanh Hai on Nov. 13 as part of his visit to Vietnam.

More relief for storm victims

The Vietnamese Red Cross will provide an additional 350 million VND to help people in the central region, which was the hardest hit by Typhoon Mirinae, stabilise their lives.

Red Cross provides more aid to typhoon victims

On Nov. 9 Vietnam’s Red Cross decided to provide a second package of relief aid, including money and various commodities, to the three hardest-hit central provinces of Phu Yen, Binh Dinh and Khanh Hoa after being struck by typhoon Mirinae.