Low price doesn’t make a stock a better buy Read more: EconomicTimes
Author: Miley Selena
As stock markets soar to new highs, they pose dilemmas for investors. Some investors are showing signs of FOMO—fear of missing out. An ET Wealth poll of over 2,480 respondents reveals that two out of five investors are looking to buy stocks or equity funds. And one out of four of these bullish investors is doing so out of fear of missing out on further gains. At the other end, fears of an imminent market sell-off is keeping many investors on the Read more: EconomicTimes
The country has confirmed 28,470 cumulative infections A total of 271,409 people have been fully vaccinated Visit Vietnam Insider’s homepage for more stories Ho Chi Minh City’s domestic coronavirus caseload has topped 12,000 patients in this ongoing infection wave after the city recorded an additional 443 cases on Sunday morning. The sources of 158 of the latest cases were not immediately known while the rest were detected in concentrated quarantine centers or locked-down areas, according to the Ministry of Health. The health ministry has documented 12,058 locally-transmitted virus cases in Ho Chi Minh City since the fourth and worst infection…
So far there have been 112 deaths A total of 9,204 Covid-19 patients had recovered and been discharged from hospital Visit Vietnam Insider’s homepage for more stories Vietnam recorded 633 new Covid-19 infections in the past six hours, raising the total number of patients in the country to 29,103, the Ministry of Health reported at noon on Sunday. According to the ministry’s report, 632 of the newly-confirmed patients are locally-transmitted cases most of whom were detected in quarantine sites or areas under lockdown in some localities including 600 in Ho Chi Minh City, nine in Bac Giang, six in Hanoi,…
After over 30 years of Doi Moi (reform), Vietnam has had large private groups operating in many industries with international stature. There are also Vietnamese USD billionaires, but only a handful. Private groups have developed many big projects in Vietnam, such as Van Don international airport, Van Don – Ha Long – Hai Phong highway, Bach Dang bridge, and more. Private enterprises have also participated in areas previously under state monopoly such as aviation and airport development, making the market more competitive and benefiting a large number of people. Regarding exports, in addition to traditional items such as agricultural, forestry…
Prime Minister Pham Minh Chinh set a target for the country to vaccinate 75% of its population by early 2022 Visit Vietnam Insider’s homepage for more stories The Ministry of Health launched a nine-month COVID-19 vaccination campaign in Hanoi on July 10, aiming to vaccinate 75 million people and achieve herd immunity by early 2022. The campaign, the largest of its kind in the country’s history, will be implemented on a national scale from July 2021 to April 2022, with the support of the Ministry of National Defence, Ministry of Transport, Ministry of Information and Communication, along with other ministries…
A footwear company in Thu Duc City under Ho Chi Minh City has been suspended from operating after a number of its 21,000 workers contracted the novel coronavirus. The suspension order came into force on Friday afternoon and will remain effective at Freetrend Industrial Vietnam Co., Ltd until further notice, according to Thu Duc City’s chairman Hoang Tung. “In the next few days, a decision will be made on whether the company can reopen or not,” said Tung. “If the company’s pandemic prevention and control does not meet requirements, the downtime must be extended.” All of COVID-19 patients and direct…
The United States delivered two million life-saving doses of the Moderna mRNA vaccine through the COVAX Facility to assist Vietnam in its fight against COVID-19, according to US Embassy Hanoi. Today’s shipment is part of the 80 million doses of vaccine that President Biden committed from the U.S. vaccine supply to support global needs. At the ceremony marking the arrival of U.S.-donated Moderna Vaccine Speaking at a ceremony marking the arrival, Charge d’Affaires, a.i., Christopher Klein, said “The shipment gives us hope that there is an end in sight to our fight against COVID-19. It gives us hope that we will…
Vietnam Airlines to pilot International Air Transport Association (IATA) Travel Pass this month The application enables passengers to create a digital passport, providing information about Covid-19 tests or proof of vaccination for border authorities. Visit Vietnam Insider’s homepage for more stories. The national flag carrier Vietnam Airlines will pilot the application of the International Air Transport Association (IATA) Travel Pass, a digital travel mobile app, on two flights of VN301 from Narita Airport (Tokyo, Japan) to the beach city of Danang on July 15 and 23, local media reported. Related: Da Nang reopens the beach as the pandemic was deemed…
Three foreigners in Vietnam have been indicted and arrested for arranging the illegal entry of their compatriots into the Southeast Asian country. They had directors of a number of local companies, sign and stamp endorsement papers to help a number of South Korean citizens make entry into Vietnam under the guise of experts. Visit Vietnam Insider’s homepage for more stories. Three South Korean men, including the Association leader charged for organizing compatriots’ illegal entry into Vietnam, Da Nang police said on Friday. The indicted men include Lee Kwan Young, 53, vice-president of the South Korean Association in the central Vietnamese region,…