Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Golden buy
Many rush to buy gold on God of Wealth Day
Many rush to buy gold on God of Wealth Day The Saigon Times Daily Many customers buy gold at a Mi Hong gold shop in HCMC's Binh Thanh District - PHOTO: THANH HA HCMC - Numerous residents in Hanoi City have queued up in front of gold shops since early this morning, February 14, to buy gold to seek prosperity on God of Wealth Day, the 10th day of the Lunar New Year, the local media reported. Most of the gold shops on Tran Nhan Tong Street in Hanoi open at 6 a.m., but hundreds of local residents have lined up in front of these shops since 4 or 5 a.m., or even 1 a.m. Nguyen Van Hung, a resident of Hanoi, said he came to a gold shop on Tran Nhan Tong Street at 1 a.m. to be the first one to buy gold today. He had bought a golden ring believing it would bring him good luck and prosperity. Dinh Thi Ngoc Quyen, another gold buyer, noted it was her family’s annual practice to buy gold on God of Wealth Day. Despite having to queue in long lines, gold buyers were still happy … [Read more...] about Many rush to buy gold on God of Wealth Day
VNA launches new mobile app
VNA launches new mobile app By Le Anh A screenshot of Vietnam Airlines’ new mobile app – PHOTO: LE ANH HCMC – The national flag carrier Vietnam Airlines (VNA) released a new mobile app on February 5 to support its passengers with flight-related issues, aiming to improve its digital service quality and offer a better flight experience to passengers. The new app is more modern and user-friendly and helps users stay updated on the latest trends of major airlines around the world. In addition, the app’s features that support passengers have been completely revamped. With the app, passengers can search for flights and itineraries and book flight tickets online more conveniently, or they can book flight-related services at any time. Users can also check-in online and get mobile boarding passes to save time, while the notification function enables passengers to closely follow their flight itineraries. VNA puts the latest promotions, such as discounted flight tickets and … [Read more...] about VNA launches new mobile app
Winners of English Champion 2019 named
Winners of English Champion 2019 named By Van Ly Five champions of English Champion 2019 - PHOTO: VAN LY HANOI – The final round of English Champion 2019 competition co-organized by IvyPrep Education and iSMART Education was held on April 7, naming five champions who are students from grades four to eight. The five champions are Duong Trong Viet from Nghia Do Primary School in Hanoi, Ho Viet Minh from Vietnam Australia International School in HCMC, Nguyen Vy Phong from HanoiStar School in Hanoi, Doan Tran Bao Giang from Wellspring International Bilingual School in HCMC, and Nguyen Hai Duong from Le Loi Secondary School in Hanoi. Each champion was awarded an English Champion 2019 golden cup, a one-year IvyPrep Education scholarship worth VND60 million, a Kindle Paperwhite, books from iSMART Education, and IDP International Dairy JSC’s milk product for free in one year. Each runner-up received an English Champion 2019 silver cup, a six-month IvyPrep Education … [Read more...] about Winners of English Champion 2019 named
Seven local tour operators no longer eligible for Japanese accreditation
Seven local tour operators no longer eligible for Japanese accreditation By Dao Loan Kinkaku-ji, Golden Pavilion, a major tourist attraction in Japan. Seven local tour operators are no longer eligible for Japanese accreditation - PHOTO: DAO LOAN HCMC - The Japanese Embassy in Vietnam on July 1 announced a list of seven travel firms in Hanoi that are no longer accredited to receive visa applications. The seven companies are Viet Tourist Trade and Investment JSC (VIET TOURIN, JSC); Vietnam Golden Team International Travel JSC; Nam Cuong Tourism Co., Ltd; New Royal Commercial and Services Co., Ltd; International Golden Bridge Co., Ltd; Victoria Investment Trade and Tourism Corporation Co., Ltd; and Hanoi Entertainment Services Corporation. In addition, the Hanoi branch of Vietravel was suspended for six months, starting from July 1. The Japanese Embassy in Vietnam did not give specific reasons for its decision, noting only that these firms had seriously violated … [Read more...] about Seven local tour operators no longer eligible for Japanese accreditation
Continental Saigon, Oscar Saigon hotels celebrate Saigontourist’s 44th birthday
Continental Saigon, Oscar Saigon hotels celebrate Saigontourist’s 44th birthday By Bich Van The Hotel Continental Saigon has rolled out several promotions to celebrate the 44th birthday of Saigontourist Holding Company, the country’s leading hospitality services company - PHOTO: COURTESY OF SAIGONTOURIST HCMC - The Hotel Continental Saigon and the Oscar Saigon Hotel, which are under Saigontourist Holding Company, are offering a number of promotions to mark the 44th anniversary of the establishment of the country’s leading hospitality services company (August 1, 1975 – August 1, 2019). Hotel Continental Saigon From now until September 30, restaurants at the Hotel Continental Saigon offer a 10% discount for guests ordering a la carte dinner menu from 7 p.m. to 9:30 p.m. Guests staying at the hotel are entitled to a 15% discount on a la carte services. Combo lunch and set lunch are priced at VND189,000++ while the Western set menu costs VND299,000++. The hotel’s … [Read more...] about Continental Saigon, Oscar Saigon hotels celebrate Saigontourist’s 44th birthday
Unofficial workers lack social insurance
Migrant workers hired to carry goods at the Long Bien Market in Ha Noi. Few of the informal labourers in the country are covered by social insurance. — VNS Photo Truong Vi HA NOI (VNS) — Just five per cent of informal labourers across Viet Nam are covered by social insurance, posing a potential risk that millions of workers will be without any pension to support their later years. A study by the Institute of Labour Science and Social Affairs shows that up to 37 million labourers work in the unofficial sector, accounting for 71 per cent of the domestic workforce. They can be farmers, seasonal workers, home helpers, or street vendors. Those workers contributed more than 32 per cent to the nation's annual GDP, yet about 35 million of those will not have a pension when they get older and are incapable of working anymore. The numbers were released yesterday in a workshop held by the Red Organisation about the challenges in realising the national target of 50 per cent of the … [Read more...] about Unofficial workers lack social insurance
NA to dismiss Pham Phu Quoc from NA deputy post
NA to dismiss Pham Phu Quoc from NA deputy post The Saigon Times National Assembly deputy Pham Phu Quoc – PHOTO: QUOCHOI.VN HCMC – At its 10th meeting, which will be held in October, the National Assembly (NA) will dismiss Pham Phu Quoc from his post as an NA deputy of HCMC for holding Cypriot citizenship. Talking to VnExpress this morning, September 17, Chairman and General Secretary of the National Assembly Office Nguyen Hanh Phuc said Quoc is the second deputy of the 14th-tenure NA who holds the dual nationality after Nguyen Thi Nguyet Huong, who was earlier dismissed from her post. “After acquiring his Cypriot passport, Quoc did not report it to the NA. This is a serious wrongdoing and must be strictly handled,” Phuc said. On August 25, after the case was uncovered, Quoc tendered his resignation from the posts of NA deputy of HCMC as well as the general director of the state-owned Tan Thuan Industrial Promotion Company. Earlier, leaked documents obtained … [Read more...] about NA to dismiss Pham Phu Quoc from NA deputy post
Đắk Lắk health facilities improve, gain public trust
A doctor at the Đắk Lắk Province General Hospital examines a patient. — VNA/VNS.Dương Giang Viet Nam News HCM CITY — Hospitals in the Central Highlands province of Đắk Lắk are being improved dramatically to provide better care to locals to reduce the number of patients going to HCM City and other cities for treatment. Dr Võ Minh Thành, deputy head of the Đắk Lắk Province General Hospital, said the hospital has received VNĐ340 billion (US$14.9 million) from the Government to buy high-tech equipment such as a digital-subtraction angiography (DSA) machine, MRI machine and others. The equipment have helped doctors diagnose and treat many severely ill patients who would have been transferred to hospitals in HCM City in the past, Thành said. His hospital’s cardiac intervention and emergency aid department is using the DSA machine for inserting stents to treat coronary artery disease and performing open heart surgeries, he said. Last year alone the department’s … [Read more...] about Đắk Lắk health facilities improve, gain public trust
Mekong Delta farmers breed more fish during flood season
Farmer Nguyễn Văn Y in Hậu Giang Province tends his rice field where he breeds fish during the annual flood season. – Photo baohaugiang.com.vn Viet Nam News HCM CITY — Farmers in the Mekong Delta are earning more income from breeding more fish and other aquatic species in rice fields during the annual flood season. In Sóc Trăng Province’s Ngã Năm Town, farmers began breeding early this year as the delta’s annual flood season began a month earlier this year. They breed various fish and aquatic species, including snakehead fish, carp, Java barb, tilapia and shrimp. Phạm Thị Sô, who breeds snakehead fish in Ngã Năm’s Mỹ Bình Commune, said in previous years she had bred about 1,500 snakehead fish, but this year she is breeding 4,000 as flood levels are higher. She is now preparing tools to catch wild small fish and other aquatic species to feed her snakehead fish. Farmers normally spend money to buy food for small fish or aquatic species. When they become bigger and … [Read more...] about Mekong Delta farmers breed more fish during flood season