A trading system developed by tech giant FPT is set to help ease overload on the main HoSE bourse starting next month. The transition from the existing Ho Chi Minh Stock Exchange (HoSE) system to FPT’s will be conducted in the last three weeks of this month, Duong Dung Trieu, chairman of FPT Information System, told VnExpress. FPT’s system will have a capacity of 3-5 million transactions a day, or three times that of the existing one. The new system is being tested by all 73 brokerages. Over 80 percent of technical issues have been dealt with. Work remains in…
Author: Miley Selena
Vietnam reported two more Covid-19 deaths on Monday afternoon, raising the country’s total fatality tally to 61, according to the Ministry of Health. Both of the women, aged 87 and 60, died on Sunday at the National Hospital for Tropical Diseases in Hanoi. The 87-year-old patient from the northern province of Bac Ninh is the mother of patient 8231. During her stay at the hospital, she was too weak to care for herself. She had to depend on patient 8231’s support. The patient suffered high blood pressure, heart failure, Parkinson’s and had a heart attack in 2017. On June 4,…
Vietnam recorded 75 new local Covid-19 cases Monday evening in five localities, totaling the daily local tally at 266. 29 cases are recorded in Bac Giang, 26 in HCMC, 11 in Ha Tinh, eight in Bac Ninh and one in Nghe An. All the cases in Bac Giang and Bac Ninh are either associated with existing outbreaks in the community, industrial parks or have made contact with confirmed Covid-19 patients. Two cases in HCMC are associated with its now locked-down HCMC Hospital for Tropical Diseases, while two others are linked to a coronavirus cluster at a Christian mission. 18 cases…
The capital city of Hanoi will pilot the rental of electric bicycles to facilitate connections among local bus routes and the bus rapid transit (BRT) system from the third quarter of this year. The pilot project will be launched by the municipal Department of Transport and the University of Transport Technology, on the route from the AEON Mall Hà Đông to the Văn Khê BRT platform, until the end of 2023, followed by a review to expand the model to the entire city. Related: Saigon launching public bicycle sharing scheme to limit private vehicles With funding from the European Commission and…
Novavax Inc (NVAX.O) on Monday reported late-stage data from its U.S.-based clinical trial showing its vaccine is more than 90% effective against COVID-19 across a variety of variants of the virus. The study of nearly 30,000 volunteers in the United States and Mexico puts Novavax on track to file for emergency authorization in the United States and elsewhere in the third quarter of 2021, the company said. Novavax’s protein-based COVID-19 vaccine candidate was more than 93% effective against the predominant variants of COVID-19 that have been of concern among scientists and public health officials, Novavax said. Related: Vietnam approves Pfizer COVID-19…
Coronavirus spreads to every district of Vietnam’s largest city of Ho Chi Minh City. The Health Ministry announced 100 new local Covid-19 cases in four localities Monday noon. Vietnam has reported 10,630 cumulative infections as of Monday morning, including 3,998 recoveries and 59 deaths. Visit Vietnam Insider’s homepage for more stories. The novel coronavirus has spread to all districts of Ho Chi Minh City, which is considering an extension of social distancing measures after two weeks of implementation. Thu Duc, a district-level city, and the other 21 districts have all detected COVID-19 infections as of Monday, with Can Gio District…
(This story originally appeared in on Jun 14, 2021)NEW DELHI: The new income-tax (I-T) portal launched on June 7, which promised to be a gamechanger, continues to be plagued by glitches. Taxpayers and tax professionals find that they are unable to log in, or if at all they do manage to log in, they are unable to carry out transactions—be it uploading a relevant form or replying to a notice from the I-T department. A day after the launch, finance minister Nirmala Sitharaman took cognisance of the various grievances pouring out on social media and passed on the message to…
Nem chua, a traditional Vietnamese specialty made from fermented pork, could hold the key to developing a safe and natural food preservative, addressing the twin problems of food waste and food-borne illnesses, according to a study by researchers at RMIT University. Nem chua is eaten raw but does not cause food poisoning when prepared correctly. This is because friendly bacteria that thrive in the fermented meat make a special compound that kills the more dangerous bacteria. Researchers at RMIT University have shown how this natural bacteria-killing compound could be used to keep food fresh for longer. Co-lead researcher Professor Oliver Jones,…
The Philippines is set to import a lot of rice from India at $100 cheaper per ton than Vietnamese rice as it diversifies its supply sources. A report by the Agricultural Products Processing and Development Department (Agrotrade) shows that in the first five months of this year, Vietnamese rice exports reached 2.7 million tons at $1.48 billion, down 11.3 percent in volume and 5 percent in value over the same period last year. There’s no significant demand by foreign traders as they wait for the summer-autumn harvest season, the report said. On the other hand, the price of Vietnamese rice…
Financing and endorsing the development of young, potential startups, spinoffs and entrepreneurs with disruptive, practical, socially-beneficial technological initiatives are the approaches taken by Phenikaa Group to acquire achievements in the science and technology sector, to foster Vietnam’s young generation, and to bolster the Vietnamese intellectuals. Investment in the developer of public transportation app BusMap A number of technological products and solutions made by Phenikaa Group have recently been brought into life, marking a watershed in the Group’s pursuit of becoming one of the top-tier technological and industrial corporations in the region. Remarkably, a majority of core technologies are reportedly developed…