Saigon Railway to supplement trains for New Year holiday
The Saigon Railway Passenger Transport Company is scheduling additional trains to accommodate a augmenting transport final for a four-day New Year holiday from Jan 1-4, 2015.
Accordingly, a Saigon Railway Passenger Transport Company will supplement some-more trains to a SN4 Sai Gon–Nha Trang and SQN4 Sai Gon–Quy Nhon on Dec 31, 2014; SPT4 Sai Gon–Phan Thiet on Jan 1,2 and 4; SN5 Nha Trang–Sai Gon, and SQN3 Quy Nhon–Sai Gon on Jan 3, 2015; SPT3 Phan Thiet–Sai Gon on Jan 1,3 and 4, 2015; SN3 Nha Trang–Sai Gon on Jan 3 and 4, 2015.
The trains along a Saigon-Hanoi lane will also have additional carriages.
In additional to additional trains, a Vietnam Railways (VR) and a Saigon Railway Passenger Transport Company will offer a 10% bonus on rail fares between midnight on Jan 1, 2015 to 12.59pm on Feb 1, 2015.
Foreign students suffer New Year entertainment in Hanoi
The Vietnam National University- Hanoi (VNU) hold a pre-New Year get-together for a general students in Hanoi, on Dec 30, an eventuality that it organized annually for years.
As many as 800 students from opposite tools of a universe are investigate during a VNU, according to Associate Professor Dr. Nguyen Kim Son, VNU Vice President.
They have helped building bridges between their nations and Vietnam, Son pronounced and sent his New Year greetings towards them.
He hoped that a students keep doing their best while investigate in Vietnam and will greaten what they had learnt when returning home.
Enticing song and dancing performances characterising several cultures fostered mutual bargain and oneness among associate students during a event.
VNU is one of a dual inhabitant universities in Vietnam.
Cuba’s National Day remarkable in HCM City
A rite was hold in Ho Chi Minh City on Dec 30 to symbol a 56th anniversary of Cuba ’s National Day (Jan. 1, 1959-2015).
Addressing a event, President of a Vietnam–Cuba Friendship Association (VCFA)’s HCM City territory Hoang Thi Khanh congratulated a Cuban people on their new achievements, generally a normalisation of family with a US after 53 years.
Vietnam is peaceful to concur with and support Cuba in areas of a potential, she said, adding that Ho Chi Minh City together with a whole republic has been doing a pinnacle to inspire a old Vietnam-Cuba relationship.
Recalling a excellent attribute between Vietnam and Cuba given they set adult tactful ties in 1960, Cuban Consul General to HCM City Bernabe Garcia Valido endorsed that a dual peoples will work together to offer arise a friendship, companionship and extensive team-work in a future.
The eventuality was co-hosted by a Vietnam Union of Friendship Associations and a VCFA HCM City.
Police detain drug trafficker nearby Chinese border
Cao Bang provincial troops have arrested a Chinese inhabitant for illegally transporting 4 kilograms of methamphetamine opposite a Chinese limit in a north of Vietnam.
The immature man, 23, from Guangxi, China was hold red handed on Dec 29 in Ha Lang district transporting a drugs from China into Vietnam.
The Cao Bang Province’s Border Guard Command is stability to examine a case.
Microsoft Office foe kicks off
Microsoft Office Specialist World Championship (MOSWC), a world’s largest such contest, has been launched during Ho Chi Minh’s Social Sciences and Human Studies University.
In a initial round, internal authorities and educational institutions will brand a tip contestants to send to a inhabitant knock-out round.
In this round, participants will take a MOS examination – a examination of skills in regulating Microsoft Office software, with a 15 best performers in any difficulty securing a berth in a inhabitant finals.
The tip 3 scorers in a finals will be comparison as Vietnam’s MOS ambassadors and paint a nation in a universe finals in a US subsequent August.
The eventuality is jointly organized by a Ministry of Education and Training, IIG Viet Nam, troops telecom organization Viettel, and Tuoi Tre (the Youth) newspaper.
Hospitals yield giveaway checkups, treatment
Ha Noi’s health zone will lift out a debate providing giveaway medical checkups and diagnosis until a finish of February.
The campaign, that outlines a 60th Vietnamese Doctors’ Day (February 27), includes surgeries for aged patients with cataracts and children with split palates and heart disease.
On a initial day of a campaign, Duc Giang General Hospital gave giveaway checkups, diagnosis and medicine to 300 people in Me Linh District. A identical charitable debate co-organised by a Vietnam Red Cross (VRC) and a Ministry of Health, that aims to advantage some-more than one million bad people any year, has been underway given November.
Private zone tapped for stream work
The Ministry of Transport has authorized a devise to interest investment from a private zone for building infrastructure for internal waterways.
In 2015 – 20, a method hopes to mobilize VND12.7 trillion (US$595 million) from non-state players for 45 projects that need scarcely VND15.8 trillion ($741 million).
In 2015 a Ministry seeks investment in dual commander BOT (Build-Operate-Transfer) projects to ascent internal waterways. These are a second proviso of a Cho Gao Canal ascent during a cost of VND1.4 trillion and work to ascent a stream territory from a Binh Loi Railway Bridge to Ben Suc Bridge on a Sai Gon River.
To capacitate investors to make returns, a method will concede them to collect fees or sell equipment like silt and pebble collected from dredging canals and rivers.
The Government has affianced all support to safeguard all their investments financially effective.
Food reserve inspections augmenting forward of Tet
The ministries of Health, Agriculture and Rural Development and Industry and Trade will boost corner food reserve inspections as Tet approaches, focusing on large cities and limit provinces like Lang Son, Quang Ninh and Lao Cai, Minister of Health Nguyen Thi Kim Tien pronounced on Sunday.
“The array of food samples examined will be augmenting by 10 per cent compared to final year,” Tien pronounced while vocalization to a assembly on a weekly VTV programme “People ask, Ministers answer”.
Manufacturers found violating food reserve regulations will face fines adult to VND200 million (US$9,600) or reversal of their dissemination permits. Their names will also be publicised by a Ministry of Health.
The method submitted a devise to a Government this year that would settle food reserve examination teams during sub-district levels, including wards and communes.
“The Ministry believes that those measures will be effective in improving a food reserve situation,” Tien said.
Regarding a nice Law of Health Insurance, that will go into outcome on Jan 1, a Minister pronounced a new law of mandatory word was a “big domestic effort” towards a destiny aim of concept health word coverage.
The new law also provides support for bad residents and racial minority groups in disadvantaged areas, as they will have all their medical fees lonesome by health word rather than usually 95 per cent.
Meanwhile, near-poor households will have to compensate usually 5 per cent of a sum fee, a fourfold diminution from a stream law.
“Another critical work of a Ministry was to urge a peculiarity of medical services as good as a overloading problem during hospitals,” Tien said.
The normal watchful time for examinations during hospitals has decreased by 50 mins while 150 medical officers were fined for bad poise after a inhabitant hotline was determined this year.
Association actively supports Vietnamese in Cambodia
The General Association of Vietnamese Cambodian People hold a assembly to examination a opening in 2014 and map out orientations for subsequent year in Phnom Penh on Dec 29.
The organization due Cambodian authorities continue to take caring of and give assistance to a Vietnamese Cambodians, generally in terms of authorised station and element facilities, pronounced Chairman Chau Van Chi, who was inaugurated as a member of a 13th reign of a Vietnam Fatherland Front Executive Board.
It perceived support from authorities of southern cities and provinces of Vietnam such as Ho Chi Minh City, Dong Nai, Tay Ninh, Long An, Dong Thap and An Giang in building schools, extenuation scholarships, and opening vocational training courses for Vietnamese expatriates.
The organization was also active in informative and educational work, illustrated by ancillary healthy disaster victims, providing giveaway health check-ups and medicine, and presenting gifts to impecunious Vietnamese and Cambodian people.
In 2015, a organization will continue to arise a apparatus by substantiating new executive play during grassroots levels, augmenting a membership, and running a Vietnamese expatriates to register for a foreigner’s authorised station implemented by a Cambodian Ministry of Internal Affairs in Jul 2014.
It will also raise operation in a Cambodian provinces of Preah Vihear, Oddar Mean Chey, Kep, Pailin, and Tbong Kmmum.
Coast Guard seizes smuggled cigarettes
The Viet Nam Coast Guard seized 1,300 smuggled cigarette packs from a ship entrance from Cambodia in Kien Giang province’s Ha Tien city on Saturday.
The seashore safeguard section seized a products when a smugglers jumped into a H2O after a one-hour chase.
A seashore safeguard officer pronounced that bootlegging was augmenting during a limit in Kien Giang Province as a year-end neared, with many smugglers transferring products into tiny packages during opposite times via a day to equivocate law coercion units.
The seashore safeguard section handed over a box to internal authorities for offer investigation. Better quality, prices to spin internal products into consumers’ initial choice
Domestic businesses need to concentration on requesting cutting-edge technologies to urge their product peculiarity and cut down prices so that made-in-Vietnam products can truly turn a initial choice of Vietnamese consumers.
So pronounced participants during a convention hold by a Vietnam Private Business Association (VPBA) in Hanoi on Dec 27.
Duong Duy Hung, Deputy Director General of a Ministry of Industry and Trade (MOIT)’s Domestic Market Department, forked out to countless weaknesses of domestic prolongation such as a routine of product pattern and diversity, uncompetitive prices, businesses’ slight of products graduation and consumer services, a messy tie between manufacturers and sellers, and a tardy marketplace watch.
Raising competitiveness contingency be conducted regularly, invariably and on a long-term base, pronounced VPBA Vice Chairman Ngo Van Diem, adding that Vietnam needs to urge a inhabitant competitiveness, build an suitable expansion plan, and emanate a satisfactory foe sourroundings and a enlightened business climate.
He suggested a nation assistance enterprises boost their competitiveness while companies also need to partner with one another, annul a mindset of sport for short-term profits, and deposit some-more in crew training.
According to a new consult on outcomes of a five-year doing of a debate “Vietnamese people prioritise a use of Vietnamese goods”, 92 percent of questioned consumers were meddlesome in a drive, 57 percent of them recognized a campaign’s communication efforts, and 63 percent prioritised regulating domestic products. This consult was carried out by a Party Central Committee’s Commission for Communication and Education.
The volume of weave and mantle materials alien from China forsaken dramatically to 37 percent, compared to 75-80 percent in a prior years, pronounced a news gathered by a MOIT and a Ministry of Planning and Investment in September.
There is also an augmenting trend, generally in cities, that internal consumers buy domestically done attire nonetheless smuggled products are dwarfing internal ones.
While some unfamiliar brands are winning a marketplace of regulation milk, many of other products such as yogurt and precipitated and uninformed divert on sale are done by Vietnamese companies like Vinamilk and TH True Milk, a news shows.-
Front launches tasks on new-style tillage building for 2015
Vice Chairwoman of a Vietnam Fatherland Front Central Committee Truong Thi Ngoc Anh presided a assembly in Hanoi on Dec 29 to launch a front’s tasks on new character tillage building for 2015.
In 2015, a cabinet continues a partnership with a National Steering Committee for New Rural Development in disseminate a Party and Government’s policies on a new character tillage building programme while mobilising sources among a people to exercise a programme.
Over a past year, a front during all levels done any bid to lift out a inhabitant aim programme on new character tillage expansion in localities nationwide.
It worked closely with internal authorities and applicable agencies to exercise criteria on new character tillage building along with a “All people combine to build a informative life in residential areas” drive.
The front speedy people to yield mutual support in building a improved life and perform a programme’s goals in terms of housing and income.
Vietnam targets multi-dimensional misery approach
Vietnam should request a multi-dimensional misery (MDP) proceed to equivocate blank out any targeted beneficiaries, according to Deputy Minister of Labour, Invalids and Social Affairs Nguyen Trong Dam.
At a Hanoi convention announcing a formula of MDP proceed investigate in Vietnam on Dec 29, Dam pronounced that a stream income-based misery rebate routine reveals many shortcomings as incomes are most reduce than smallest vital standards.
Therefore, a idea now is to repair a stream policy’s shortcomings to gradually safeguard people’s right to simple amicable services in a entrance time, he said, affirming that a MDP proceed will be a best choice.
Participants concluded that a concentration of MDP measures in Vietnam should be in line with a country’s socio-economic situation.
This new proceed needs to grasp 3 objectives, including measuring misery dimensions, determining misery and identifying routine beneficiaries, they said.
The MDP horizon was creatively grown by a Oxford Poverty Human Development Initiative (OPHI).
With a UN support, Vietnam is among a 32 countries in a universe to colonize a investigate and concentration of multi-dimensional misery measures.
Youth organization to launch “I adore my homeland” movement
The Vietnam Youth Federation (VYF) will launch a transformation dubbed “I adore my homeland” with a perspective of enlivening youngsters to act most for inhabitant development, pronounced VYF President Nguyen Dac Vinh.
The transformation will be celebrated from 2014 to 2019 as a initial and usually one of a kind, pronounced Vinh, who is also initial Secretary of a Ho Chi Minh Youth Union Central Committee, during events hold on a sidelines of a VYF’s seventh National Congress in Hanoi on Dec 28.
It looks to convene youngsters to following an honest, responsible, and enterprising lifestyle and to station prepared for a homeland if necessary.
According to historian Duong Trung Quoc, nationalism is a core value of expansion and should be handed down between generations.
Participants focused on how to boost a youths’ vanguard purpose in a country’s general integration.
They forked to a need for youngsters to whet their unfamiliar language, IT skills and heighten their believe of culture, inhabitant story and general sell in a formation process.
Local girl unions inhabitant common their knowledge and new solutions to fostering oneness with Vietnamese youngsters vital abroad and mobilising general resources for a expansion of a youth.
Discussions sought support for youngsters who wish to arise entrepreneurial career.
Over a past 20 years, a Vietnam Young Entrepreneurs’ Association members have sum jobs for 2.5 million labourers and supposing a good bargain of financial assistance to amicable activities annually.
The same day, a televised song and art opening was organised, featuring a youth’s integrity to strengthen a nation’s dedicated sea and island supervision and make a nation prosper.
Preparations for Mekong Delta eventuality discussed
A discussion was hold in Can Tho City on Dec 27 to ready for a Mekong Delta Green Tourism Week that will be co-hosted by a Steering Committee for a Southwestern Region in coordination with Can Tho authorities from Apr 26- May 2, 2015.
In his speech, a Deputy Head of a Steering Committee pronounced a eventuality is to be hold in place of a annual Mekong Delta Economic Cooperation Forum, featuring a extended array of conferences and seminars on compelling a region’s tourism potential, job for investment in immature tourism, and seeking solutions to boost informal team-work in this area.
The Mekong Delta, comprising Can Tho city and 12 provinces with a race of 18 million, boasts outrageous intensity for tourism development.
The segment welcomed scarcely 11 million visitors, including some-more than 800,000 foreigners for a initial 5 months of this year, adult 8.9% compared to final year’s same period, reports a Mekong Delta Tourism Association.
France-Vietnam Friendship Year underneath review
The Vietnam Union of Friendship Organisations (VUFO) and a Vietnam–France Friendship and Cooperation Association co-hosted a assembly in Hanoi on Dec 27 to examination a loyalty years between a dual nations.
Nguyen Huy Quang, Chairman of a association, and French Ambassador to Vietnam Jean Noel Poirier highlighted a France year in Vietnam in 2013 and a Vietnam year in France in 2014 as vital contributions to enhancing a loyalty and team-work between a dual peoples.
As many as 270 events transpiring during a year, particularly in a areas of preparation and enlightenment have prisoner a open courtesy and deepening mutual understanding.
On a occasion, a organization launched a special book on Vietnam’s cultivation in Vietnamese and French featuring articles by Vietnamese and French authors on common relations, agriculture, tillage and tillage development.
Youth kinship elevates nation’s picture in int’l arena
The seventh girl kinship organization – an critical domestic eventuality of Vietnamese girl – strictly non-stop in Hanoi on Dec 27, imprinting new stairs of expansion of a Vietnam Youth Union and girl movements.
At a congress, students and immature people common their viewpoints on pivotal issues associated to career orientation, practice and lifestyles for youth. They voiced certainty a eventuality would elect immature talents to a Vietnam Youth Union Central Committee to rouse Vietnamese youth’s station in a general arena.
There was concord among a member that in a context of general integration, a VYU, as a biggest girl classification in Vietnam, should turn a vanguard for immature people.They also voiced their hopes that a eventuality would turn a domestic forum for immature people inhabitant and put onward unsentimental proposals to lift immature people’s recognition about lifestyles in a formation period.
In addition, they underscored a significance of renovating educational activities and vocational training during schools, adding that girl kinship organizations should offer as a overpass assisting immature people get entrance to work market
In a subsequent term, a VYU’s destiny tasks should concentration on career course and practice programs for immature people.
Young member also voiced confidence that a VYU will turn a place where they can share their aspirations, ambitions and problems and accept eager support to cope with hurdles in life.
OVs in UK examination year of success
2014 remarkable a successful year for Overseas Vietnamese (OVs) in a UK, pronounced President of a Overseas Vietnamese Association in a UK Luong Son Thanh on Dec 28 during an organization assembly in London.
Over a past few years, UK purgation measures have negatively impacted a lives of OVs due to a cutback in a array of grants and other internal supervision support.
Fortunately Vietnam Airlines along with countless other businesses in a UK stepped in to support OVs, he noted.
Earlier, a association’s initial mid-autumn festival for Vietnamese children has helped them learn some-more about Vietnamese culture.
Thanh voiced wish that a organization would build a Vietnam enlightenment centre in London in a nearby future.
Friendship table-tennis foe connects OVs in Europe
A accessible list tennis foe hold in Berlin on Saturday captivated some-more than 72 abroad Vietnamese players during all ages from Germany, a Czech Republic and Poland and member from a Vietnamese embassies in Germany and Poland.
The loyalty table-tennis foe 2014 was co-organised by a Berlin Table Tennis Club, a Vietnamese embassy and a Association of Vietnamese in Berlin -Brandenburg (Germany) to raise oneness among Vietnamese expatriates in Europe.
Addressing a opening ceremony, President of a Berlin Table Tennis Club Nguyen Huu Tho believed that a eventuality will assistance bond abroad Vietnamese (OV) in Germany and a rest of Europe and minister to building OVs’ sports transformation in Europe.
Meanwhile, Vietnamese envoy to Germany Nguyen Thi Hoang Anh highlighted a beginning to classify a foe and hoped that identical events will be hold opposite Europe to strengthen oneness and loyalty among Vietnamese communities in a EU.
After 6 rounds, list tennis actor Ngo Tuong from Berlin won a tip scores while Ly Hien Long from Frankfurt am Main clinched a second prize. The third, fourth and satisfaction prizes belonged to players from Germany.
In a group category, a initial esteem went to a one from Poland. The awards rite was hold on a same day.
Workers lapse from Saudi Arabia
Seven of 20 workers stranded for months in Saudi Arabia returned home on Dec 28, according to a Consular Department of a Ministry of Foreign Affairs.
They were among 38 workers sent to a nation as partial of a misery rebate programme.
The workers, mostly from northern Bac Kan province, posted a video online to ask for assistance as they did not possess work permits and so could not obtain exit visas.
The Vietnamese Embassy in Saudi Arabia is now completing a required procedures to pierce a rest of a workers behind to Vietnam.
Vietnam helps Laos arise trade system
A highway in a Lao range of Houaphanh will be built with a Bank for Investment and Development of Vietnam (BIDV)’s loan in a bid to foster trade activities and socio-economic expansion in a locality.
A agreement to this outcome was sealed in Vientiane on Dec 27, with Lao Minister of Public Works and Transport Bounchanh Sinthavong and Vietnamese Deputy Minister of Transport Le Dinh Tho in attendance.
The highway will widen as distant as 67km from Houaphanh’s Xam Tay district to Tha Lau in a limit area between Vietnam and Laos.
Once completed, a highway will bond Houaphanh as good as northern provinces of Laos with Vietnam’s highway system, facilitating transport and trade activities of a dual countries’ businesses and people.
On a occasion, BIDV announced to cruise appropriation for a doing of a highway from a Lao districts of Xam Tay to Thong Thu. The 30km highway has an investment of 26.84 million USD.-
NGOs offer 300mln USD-plus assist to Vietnam in 2014
The array of unfamiliar non-governmental organisations (NGOs) active in Vietnam is on a arise with an assist value of over 300 million USD this year, reported a Committee on NGOs during a discussion in Hanoi on Dec 30.
During 2014, a Vietnam Union of Friendship Organisations (VUFO) welcomed 1,860 guest from 760 NGO delegations entrance to launch expansion projects.
A array of conferences and workshops were hold to interest for assist in and outward a nation as good as bond sponsors and NGOs with Vietnamese partners.
The cabinet expelled a formula of executive procedures in 5 languages in support of NGOs while enhancing crew training during both executive and internal levels.
Besides NGOs, it also lifted appropriation in embassies, United Nations bodies, expansion team-work agencies and business community.
VUFO Vice President and General Secretary Don Tuan Phong, who is also emissary conduct of a committee, pronounced NGOs are changeable their expansion assistance to a fields of environment, meridian change, capability building and routine lobby.
Next year, a cabinet will offer yield NGOs with administrative, technical and authorised assistance while enhancing ties with expansion partners and compelling crew training in ministries, agencies and localities.
Concluding a event, Deputy Foreign Minister and conduct of a cabinet Ho Xuan Son urged concerned agencies to work harder to make NGOs a channel that supports Vietnam in any domain, generally those associated to a inhabitant development.
Microsoft Office foe kicks off
Microsoft Office Specialist World Championship (MOSWC), a world’s largest such contest, has been launched during Ho Chi Minh’s Social Sciences and Human Studies University.
In a initial round, internal authorities and educational institutions will brand a tip contestants to send to a inhabitant knock-out round.
In this round, participants will take a MOS examination – a examination of skills in regulating Microsoft Office software, with a 15 best performers in any difficulty securing a berth in a inhabitant finals.
The tip 3 scorers in a finals will be comparison as Vietnam’s MOS ambassadors and paint a nation in a universe finals in a US subsequent August.
The eventuality is jointly organized by a Ministry of Education and Training, IIG Viet Nam, troops telecom organization Viettel, and Tuoi Tre (the Youth) newspaper.
Quang Ninh range starts work on PPP bureau building
The northern range of Quang Ninh kicked off a construction of a second State bureau building underneath a form of public-private partnership (PPP) indication on Dec 28.
The plan value scarcely 500 billion VND (23.7 million USD) is being built on an area of 1,140 block metres, including 23 storeys and dual basements.
Once finished in a subsequent dual years, a plan will safeguard bureau space for 16 provincial departments and sectors.
Local authorities are focusing on infrastructure building projects underneath a PPP model.
Southern range shares simulation knowledge with Laos
Vice Chairman of a southern range of Ba Ria–Vung Tau Le Thanh Dung had a operative eventuality with emissary conduct of a simulation and rewards house of a Lao Department of Internal Affairs Ye Lo Chiava in Ba Ria city on Dec 28.
Dung spoke in length a province’s socio-economic conditions over a past few years and introduced a organisational system, functions, and activities of a internal house of simulation and rewards.
He also common knowledge in building and expanding effective models in a field.
The Lao guest pronounced a revisit was to investigate a provincial knowledge in compelling a simulation and rewards campaigns in both apportion and quality.
HCM City facilitates a blinds to entrance IT
Ho Chi Minh City’s Department of Information and Communication and a Blind Association hold on Dec 29 an endowment rite for winners of a initial informatics foe for a blinds.
The eventuality drew contestants from 15 blind associations opposite a city, behaving their tests by special program that is designed for sight-impaired people.
Addressing during a event, Chairman of a Ho Chi Minh City Blind Association Nguyen Dinh Kien pronounced a foe aims to inspire a blinds to have entrance to and request information record into their investigate and work, so assisting them confederate into a village and improving their operative capacity.
Ho Chi Minh City Blind Association now has 1,381 members vital in 24 districts.-
HCM City to step adult quarrel opposite crimes
Ho Chi Minh City troops is enormous down on crimes as a Lunar New Year approaches, according to a arch of a metropolitan police’s Staff Office Nguyen Si Quang.
At a press discussion on Dec 29 to examination a fight of crime in a city in 2014 and skeleton for a subsequent period, a officer pronounced a crackdown will concentration on rapist organisations, burglars and robbers, smugglers, traders of criminialized products such as drug and firecracker.
A horde of measures to safeguard open sequence and trade reserve will be deployed, he added.
Reports exhibit that a metropolitan troops brought to light as many as 4,248 rapist cases in 2014, destroying 879 rapist gangs and impediment about 2,142 criminals.
Restructuring on right track, bonds elect says
The State Securities Commission (SSC) pronounced a restructuring of bonds companies is gripping in a right direction, holding in discreet stairs with honour for marketplace rules.
The pierce reduced a rate of loss-suffering companies from 60 percent to 20 percent with detriment slashed remarkably from 4,200 billion VND to 200 billion VND.
Meanwhile, a profitability rate augmenting 1.5 times and a normal index of a financial reserve stretched by 15 percent, a SSC said.
As of a finish of a third quarter, 43 account government companies were in operation, of that 23 companies ran profitably with a corner sum of 132 billion VND while 20 others suffered a sum detriment of 64 billion VND.
The companies took shortcoming for a sum item of 109 trillion VND.
According to a commission, a open-end funds, that transposed a closed-end funds, are handling in a some-more stretchable and pure demeanour with mechanisms to improved strengthen investors.
As of December, 2014, a marketplace saw a participation of 25 mutual supports with dual of them being Exchange-Traded Fund (ETF), 15 open-end supports and 8 member funds. Their sum mobilisation value is over 7 trillion VND.
The SSC pronounced that it has to date released all mechanisms and policies associated to a organization and operation of bonds businesses in line with general practices, generally regulating BASEL II financial reserve criteria, CAMEL early warning criteria and international-standard risk government system.
In 2015, a SSC pronounced it would work with other applicable agencies to arise customary accountancy criteria practical to organisations that trade securities, and an accountancy complement used by bonds companies.
The SSC will also rectify round 210 on organising a operation of bonds companies and take measures to keep a bonds marketplace handling stably, safely, and effectively.
VNN/VNA/VNS/VOV/SGT/SGGP/ND
Article source: http://english.vietnamnet.vn/fms/society/120075/social-news-1-1.html