Photo for illustration. (Source: tapchitaichinh.vn)

The site said that Vietnam’s stock market is making the expected progress in its goal of moving from the marginal market group to the emerging market group.

With the “oldest” participation in Vietnam’s stock market of any independent asset manager in the country, Dragon Capital ranks first in the list of foreign investors in Vietnam.

Founder and CEO of Dragon Capital Dominic Scrive said that Vietnam is currently one of the world’s largest farm produce exporters of with items such as rice, cashews and cinnamon. The country is expected to earn 300 billion USD from exports with the biggest proportion being electronics and smartphones.

With an average economic growth of 7% over the past six years, Vietnam is expected to remain one of the fastest growing countries in the world, Dominic Scrive added.

Dragon Capital is known as the FTSE 250 investment trust fund management company listed in Vietnam Enterprise Investments Ltd (LON: VEIL). It operates an open UCITS fund.

With total assets of about 5.5 billion USD, of which VEIL trusts account for about 40% and ETFs just under 20%, Dragon Capital is one of the largest companies in Southeast Asia.

Vietnam receives 500,000 doses of Vero-Cell vaccine from China

Some 500,000 doses of Vero-Cell COVID-19 vaccine produced by Sinopharm, China, arrive at Hanoi's Noi Bai International Airport on June 20. (Photo: VNA)

A flight transporting 500,000 doses of Vero-Cell vaccine against COVID-19 produced by Sinopharm, China, arrived in Noi Bai airport in Hanoi on June 20, reported Vietnam News Agency.

The Party Central Committee’s Commission for External Relations, the Foreign Ministry and the Health Ministry, in coordination with the Chinese Embassy in Vietnam, received the vaccine along with 502,400 disposable 1-ml syringes on June 20 afternoon.

The Vero Cell vaccine is planned to be used to vaccinate Chinese citizens working in Vietnam, Vietnamese who want to go to China for study, work or business, and people who have needs for vaccine, particularly those living in areas bordering China.

The Vero-Cell vaccine was approved for emergency use on June 3.

Vietnamese lychees confident of winning over consumer taste in Netherlands

Vietnamese lychees have been successfully exported to many markets such as the Netherlands, France, Japan, and the Czech Republic (Photo: VNA)

Fresh lychees from Vietnam have hit the shelves of a supermarket in the Netherlands and received warm response, expecting to make further inroads into this market in the time ahead, reported Vietnam News Agency.

To advertise Vietnamese lychees, the trade office of Vietnam in the Netherlands and the LTP Import Export BV company have organised a tasting programme at Thanh Hung Supermarket in Spijkenisse city.

The fruits for sale at this supermarket come from the batch of nearly 1 tonnes of lychees that were farmed in Thanh Ha district, Hai Duong province, and arrived at Schiphol Airport on June 17 for distribution to Asian supermarkets in the Netherlands, France, and Germany.

Earlier, the sample lychees had been sent to all Asian supermarkets in the Netherlands and won over great interest from their owners.

As a result, lychee orders from supermarkets in the Netherlands, France, Germany, and Norway, for between hundreds of kilogrammes and one tonne each, have been made, and the batches are scheduled to be shipped by air in the next one or two weeks.

E-commerce websites of the Netherlands and France have also swiftly received orders for Vietnamese lychees imported by LTP Import Export BV.

Vo Thi Ngoc Diep, Trade Counsellor of Vietnam in the Netherlands, said this is the first time fresh lychees of Vietnam have been imported via an official channel to the Netherlands, from which the fruit will be distributed to neighbouring countries.

With those encouraging signs, Vietnamese lychees will hopefully continue making further inroads into the Dutch market in the coming years.

Apart from the Netherlands, the fruit has also been successfully exported to France, Japan, and the Czech Republic, among others, which all have strict requirements for imported products./.

BTA