Sell and buy watches

Saigontourist’s special offers for Reunification Day and Int’l Labor Day By Bich Van Guests have dinner at Hotel Majestic Saigon in District 1, HCMC – PHOTO: COURTESY OF SAIGONTOURIST HCMC - Multiple HCMC-based affiliates of the Saigontourist Holding Company have rolled out appealing promotions in celebration of the upcoming Reunification Day (April 30) and International Labor Day (May 1). Rex Hotel Saigon The Rooftop Garden Bar on the fifth floor of the Rex Hotel Saigon in downtown HCMC will offer its best selling drink, Saigon Mojito, with the price starting from VND279,000. The drink is a mixture of the pungent taste of rum, ground chili and lemongrass, the sour flavor of lime juice. Taking each and every sip of Saigon Mojito is a great way to enjoy a vibrant summer in town. Especially, a “Buy one get one free” promotion is applicable to this signature drink during April. To beer lovers, the hotel offers a combo, worth VND499,000, which includes four … [Read more...] about Saigontourist’s special offers for Reunification Day and Int’l Labor Day

VN-Index correction expected next week By Phuong Thao Two people watch an electronic board showing stock prices at Maybank Kim Eng securities firm. The VN-Index is forecast to correct slightly next week- PHOTO: THANH HOA HCMC – The local stock market is forecast to go through some falling sessions next week as the main stock index failed to beat the strong psychological level of 980 points this week. However, bank stocks may outperform the market thanks to supporting news. Bao Viet Securities Company (BVSC) in its latest report said the VN-Index of the Hochiminh Stock Exchange will face significant pressure at the resistance zone between 980 and 987 points next week. The market would possibly incur a correction in several sessions before increasing. "We maintain our view that after improving fairly well for a while, the index will move sideways or up. Foreign investors would maintain their net buying during this period," the brokerage commented. According to … [Read more...] about VN-Index correction expected next week

VN-Index struggles amid low trade The Saigon Times Daily Investors are watching stock prices at Military Bank Securities Company. The VN-Index closed sideways again on August 29 - PHOTO: VNA HCMC – Domestic stocks continued sluggish moves amid gloomy transaction today, August 29, as skepticism about a global economic recession and trade tensions still weighed on market sentiment. The VN-Index of the Hochiminh Stock Exchange moved sideways for the second straight session, adding a mere 1.33 points, or 0.14%, against Wednesday at 978.59. There were 138.4 million shares worth VND3.3 trillion changing hands, down 6% and 4%, respectively. Construction firm ROS again led the market for liquidity with 13.9 million shares transacted, rising 1.8% at VND28,000. Steel firm HPG came next with matching volume of 4.9 million shares, but it fell 0.5% at VND22,150. After a blaze at one of its warehouses on Wednesday night, shares of Rang Dong Light Source and Vacuum Flask … [Read more...] about VN-Index struggles amid low trade

Medicinal herbs used to make traditional medicine might pose risks to its users. — Illustrative Photo baochinhphu.vn Viet Nam News HƯNG YÊN — The provincial police and Market Watch Department yesterday confiscated 9.7 tonnes of medicinal herbs with unknown origins used to make Chinese traditional medicine. The herbs were reportedly discovered while a truck driver name Hưng, 40, was unloading the goods in Hồng Nam Commune of Hưng Yên City. The herbs were stored in sacks and cartons with Chinese titles on their covers. The owner of the cartons, Nguyễn Thị Thắm, failed to provide legal documents to prove the origin of the goods, saying that she bought the herbs from two women whose address she did not know. According to the local inhabitants, Thắm, a trader in HCM City, usually buys herbs smuggled from China and sells them to traditional medicine stores in her hometown in Hưng Yên Province. The herbs are being kept by the police for further … [Read more...] about Medicinal herbs with unclear origins seized

Authorities inspect petrol station 436 Trần Khát Chân Street. — Photo dantri.com.vn HÀ NỘI —Hà Nội Police on Tuesday proposed that the municipal People’s Procuracy  begins legal proceedings against 16 people relating to an incident of petrol fraud in the city. The owners of two petrol stations located in Yên Viên Commune and 436 Trần Khát Chân Street and their staff were among those arrested. On December 24 last year, the Market Watch Unit No 14, in co-ordination with the Hà Nội Police’s Division of Economic Security, found that two petrol stations were cheating customers with the help of electronic chips. The two petrol stations used the chips to rig the display of fuel prices and quantities. The petrol station employees controlled the chip from a distance, enabling them to sell less gas than the quantity displayed on the pump screen, and pocket about five per cent of every sale. The police investigation showed that Nguyễn Thị Hồng Hạnh, 50, owner of the petrol … [Read more...] about 16 people commit petrol fraud

Hand-carried good stores on Nguyễn Sơn Street, Hà Nội. — Photo laodong.vn Viet Nam News HÀ NỘI — On Nguyễn Sơn Street in Hà Nội’s Long Biên District, there is a small alley which is home to dozens of mini-shops standing close to each other. In each store, there is a variety of goods, including cosmetics, food, beverages, clothes, tooth brushes, cigarettes, glasses, knives, chopsticks and cooking pans. All of them are foreign branded and hand carried to Việt Nam on airlines. For this reason, Alley No 158 is infamously called the “paradise of hand carried goods (HCGs)” in Hà Nội. The goods sold by residents are not low cost compared to Vietnamese products, however, they are cheaper than legally imported products. Being sold at only slightly lower cost than market prices, hand-carried perfumes, cigarettes and wine are the favourite products because legally imported goods often bear high taxes and also, there are many fakes. Nearly 20 years … [Read more...] about Hà Nội street offers tax-free foreign goods

Market surveillance personnel inspect bottles of smuggled alcohol before destroying them in a busted case taking place in the southern province of Bình Dương. — VNA/VNS Photo Huyền Trang Viet Nam News HÀ NỘI — The crackdown on counterfeit and smuggled wines and cigars has tightened as the Tết holiday approaches. However, it seems that the fight has not been effective, with many consumers still wary when shopping for goods at markets in Hà Nội. Minh Trường, a resident in Hà Nội’s Hoàn Kiếm District, said that he struggled to buy foreign wines. Trường once bought a fake bottle of wine sold at a liquor shop even though he checked the wine carefully. “It is quite difficult to distinguish between fake and authentic products as the bottle, label and even the colour of fake wine look identical to the real one,” he said. Quỳnh Hương, another consumer in Hoàn Kiếm District, said that she no longer trusted the liquor stores in town. She usually bought wine from friends who … [Read more...] about Fake booze, cigars on the rise as Tết nears

Heroin trafficker Giàng A Tú (middle) at the police’ station. — VNA/VNS Photo Xuân Tiến Viet Nam News HÀ NỘI — Three heroin traffickers were caught red-handed on Tuesday by Việt Nam and Laos’ criminal police in a province in Laos. The three traffickers were caught selling and buying heroin at a motel in Mường Khoa town in Phong Sa Lỳ Province. Besides the 40,000 synthetic pills, 60 cakes of heroin, a K59 gun, seven bullets, two cars and eight mobile phones were confiscated. The police also collected some other evidences. All three arrested are residents of Laos. They have been identified as Giàng A Tú, 33, from Xiêng Khoảng Province; Bun Hoong, 53, from Vientiane City; and So Viêng Say, 49, also from Vientiane City. They are part of a heroin trafficking ring that transported heroin from Laos’ Bo Kẹo Province to Mường Khoa Town to sell to the Vietnamese. The ring was discovered by border guard police of Việt Nam’s northern province of Điện Biên in January. Vietnamese … [Read more...] about Police seize 40,000 synthetic drug pills in Laos

Market management officials in HCM City destroy fake helmets. — VNA/VNS Photo Mạnh Linh Viet Nam News HCM CITY — Fake and imitation goods are openly sold in many places in HCM City, with their sellers making huge profits. Shops on Phạm Văn Chiêu Street in Gò Vấp District and on Trường Chinh Street in Tân Bình District, for instance, sell watches and sunglasses ostensibly made by brands like Chanel, Hermes, Gucci, Dior, Rolex, and Omega for VNĐ200,000 to VNĐ300,000 each. They even issue warranty cards to customers. But the shop owners freely admit that the goods are from Guangzou in China and brought into Việt Nam over the northern land border. Nguyễn Minh Tấn, the owner of a shop selling sunglasses sellers, said he could earn bigger profits by flying to Guangzou and buying directly from their Chinese manufacturers at much lower prices. According to the Steering Board for Combating Smuggling, Fraudulent Trading and Counterfeit Goods, this year authorities … [Read more...] about Fake goods rampant in HCM City

Viet Nam News By Paul Kennedy The Red River that dissects Hà Nội takes its name from the colour of the silt that tints the water. But maybe there’s another reason for its moniker as this 1,149 kilometre stretch has been the life blood of Việt Nam for hundreds of years. In the 19 th century it was a lucrative trade route to China and remained the main commercial route between French Indochina and Yunnan Province. Today cargo ships can be seen carrying goods to and from the many ports dotted along its banks. But unbeknown to many living in the capital city, the Red River is a place many people call home. Living in make-shift shelters constructed from just about any items they can scavenge, find or even recover from the river itself, around 25 families live in this floating community. A man walks across a home-made bridge to get to his floating house.— VNS Photo Nguyễn Hiếu Men, women and children crowd into these ‘floating homes’ turning the muddy banks … [Read more...] about The residents of Red River