Figure 1. One-year U.S. Treasury Yield-ATFX

It can be seen that before last week, the US short-term debt has been in a downward trend; after the Fed’s interest rate decision, the significant long-term yang line broke through the previous multi-week K-line high. The recent rise in the US dollar index is largely due to the rise in short-term US bond interest rates. The one-year U.S. Treasury’s “low creeping” began on March 23, 2020. During this time, the United States was cutting interest rates on a large scale in response to the new crown pneumonia epidemic. Up to now, the “low creeping” time has been maintained for 15 months, which is rare. Even if the Fed does not take measures to reduce the size of monthly bond purchases in the second half of the year, market expectations will continue to heat up, which is completely sufficient for the rise in short-term U.S. interest rates. The risk is that the Fed’s decision logic is to “cut interest rates if nothing is resolved”. If there is a black swan incident in the second half of the year, the expectation of reducing the size of bond purchases will no longer exist, and both U.S. Treasury interest rates and the U.S. dollar index will plummet.

Figure 2. Ten-year U.S. Treasury Yield-ATFX

Long-term U.S. bond interest rates have performed poorly. Even when expectations of reducing the size of bond purchases were strongest last week, they only closed the inverted hammer K-line with a long upper shadow. Part of the reason is that the Fed’s monthly debt purchases are mainly long-term bonds, and ten-year U.S. bonds are one of them. The 80 billion monthly bond purchases have pushed up the price of U.S. Treasury bonds and will correspondingly lower U.S. bond interest rates. From this perspective, U.S. bond yields are not entirely determined by the market, and there are certain regulatory attributes. The Fed does not want U.S. interest rates to rise quickly without a strong economic recovery, because this will have a negative impact on the business economy. Figure 3, US dollar index weekly chart-ATFX The dollar index has successfully bottomed, and the support point is at the previous low of 89.18. As can be seen in the figure, the previous high of 93.41 has become the resistance level for this round of rising. Only when this price is effectively broken can the future upside space be fully opened. The channel line in the chart shows that the upper rail suppressed this week’s rise. There is the announcement of the PCE price index in the first quarter of the US on Thursday. If not surprisingly, the published value will be 2.5% higher than the previous value, which will give a certain boost to the US dollar index bulls. In addition, during the first four days of this week, senior Fed officials will make speeches every day. Traders need to pay close attention to their views on labor market and price changes. ATFX Disclaimer : 1, The above analysis only represents the views of analysts. The foreign exchange market is risky and investment needs to be cautious. 2. A TFX will not be responsible for any profit or loss that may be caused by the direct or indirect use or reliance on this information. Source: Financial World Network

(Picture source: “Aohua Finance Online”)

ASX200 Today’s chart

The turnover of ASX stocks reached 5 billion shares today, a slight increase from yesterday, and the turnover reached 14.3 billion Australian dollars, a substantial increase from yesterday. 749 stocks rose, 608 fell, and 435 closed flat.

The Australian dollar fell all the way from 76.42 US cents last night to the lowest of 75.40 US cents and then consolidated around 75.50 US cents. This afternoon, it fell sharply and rapidly again, reaching as low as 75.11 US cents and then rebounding. As of press time, it rebounded to 75.41 cents.

From the perspective of the disk, the rebound in the technology sector helped the Australian stock market to rise for the fifth consecutive week. company news: As far as this week is concerned, the four major banks collectively closed up. Among them, Commonwealth Bank’s share price climbed 2.3% to 103.69 Australian dollars, Westpac rose 2.2% to 26.88 Australian dollars, National Bank and ANZ Bank recorded gains of 1.5% and 2.6%, respectively. The plate closed at 26.87 Australian dollars and 28.98 Australian dollars respectively. The technology sector performed the best this week. The sector’s performance at the beginning of the year was disappointing, but the trend was strong throughout June. In this sector, the “buy first, pay later” giant Afterpay’s share price soared 10.5% to 114.40 Australian dollars, while its competitor Zip soared 13.8% to 8.14 Australian dollars. Accounting software company Xero and web-as-a-service company Megaport saw gains of 6.1% and 9.1% respectively, closing prices at A$142.25 and A$17.60 respectively. The health care sector also performed well this week. Among them, blood products giant CSL’s share price climbed 3% to 305.52 Australian dollars, respiratory equipment manufacturer ResMed soared 12.5% ​​to 31.91 Australian dollars, medical company Sonic Healthcare soared 6.2% to 37.81 Australian dollars, cochlear implant production. Cochlear rose 4.8% to 246.72 Australian dollars, medical imaging company Pro Medicus and biotechnology company Mesoblast saw huge increases of 10.9% and 7.9%, respectively, to close at 55.81 Australian dollars and 2.32 Australian dollars. Major miner stocks led the decline this week, as the Fed’s unexpected hawkish stance hit commodity prices this week. In this sector, BHP Billiton shares fell 5% to A$123.47, Rio Tinto fell 1.2% to A$123.47, FMG and South32 saw declines of 3.4% and 5.8%, respectively, with closing prices of A$22.42 and A$2.78 respectively. Gold mining stocks are one of the worst-performing sectors this week, because the price of gold plummeted after the Federal Reserve meeting. In this sector, Newcrest fell 8.4% to 25.96 Australian dollars, Northern Star fell 13.9% to 9.90 Australian dollars, Evolution fell 8.1% to 4.67 Australian dollars, Ramelius and Westgold saw declines of 7.9% and 8.5% respectively, and closed at the end. 1.75 Australian dollars and 2.05 Australian dollars. Supermarket giant Coles’ shares fell 1.9% to A$16.36. Previously, the company announced an additional A$300 million investment in fiscal year 2022 to accelerate the automation of its distribution centers. Coal giant Whitehaven Coal’s shares plunged 9% to A$1.91. Previously, the company lowered its production forecast, saying that coal production this fiscal year will be lower than previously expected. Reference: Australian Financial Review Disclaimer: This article is a financial observation and commentary and does not constitute any investment advice. Please ask professionals for trading operations or investment decisions. (Solemnly declare: ACB News “Australia Finance Online” reserves all copyrights for articles marked as original. Please indicate the source in any form of reprint.) More information 1 The Fed expects to raise interest rates, the Australian index will fall, most sectors have fallen by more than 1%, and technology stocks have risen against the market 2 China’s release of bulk commodity inventories, miner stocks and pressure on bank stocks, strong market and new highs 3 The Australian Index hit a record high driven by U.S. stocks, many stocks set new records, and technology stocks continued to rebound 4 This week, the market continues its strong new high. The technology sector is struggling to catch up with travel stocks, disappointing 5 The Australian index rose above 7,300 for the first time, and the real estate sector led the gains and the energy sector was weak 6 U.S. stocks are unreliable, and the Australian index declines, technology stocks fall, and miner stocks rise against the market

In particular, viewing the electricity index and then posting it on social networks also has the opportunity to receive a “huge” reward. From June 15 to June 21, 2021, the Facebook fanpage “EPoint – Daily electricity monitoring” officially took place the minigame “Showing off” electricity every day, air conditioning received immediately. What prizes are waiting for you? – 01 Special prize for the customer with the most LIKE comment and the earliest comment is Daikin air conditioner worth 12 million VND. – 01 First prize for the customer with the second most LIKE comment and the earliest comment is a package of 2 million VND phone cards and a 10% discount voucher from Daikin E-shop. – The 10 second prizes for the customer with the most LIKE comment in the Top 10 and the earliest comment is a phone card package of VND 500,000 and a voucher for 10% discount from Daikin. – 50 Third prizes for customers with comments with the most LIKE in the Top 50 and the earliest comment is a phone card of 200,000 VND and a voucher for 50% off genuine air conditioning maintenance via Daikin Vietnam application. Customers participating in the minigame need to complete the following steps: Step 1: Sign up for EPoint member and successfully Link electricity contract. Step 2 : Like, Share the official post of the minigame on the fanpage “EPoint – Daily electricity monitoring” in public mode during the program. Step 3 : Comment screenshots of Electricity Tracking on EPoint App at the official minigame article. Prize announcement time: 20:00 on June 23, 2021 on Fanpage “EPoint – Daily electricity monitoring”. Play minigame here: https://bit.ly/3xrog2h

On June 8, the maximum UV index in all three regions of the North, Central and South were all at 6-8, the threshold with a high risk of harm to the human body. Photo: Thanh Tung/VNA On June 8, the maximum UV index in all three regions of the North, Central and South were all at 6-8, the threshold with a high risk of harm to the human body. Particularly in Hai Phong city, this index reached a very high harmful threshold at 12 o’clock. Hoi An city (Quang Nam province) has the highest UV index in the country, the risk of harm is very high (8.1-8.9) at 11-13 o’clock. According to the World Health Organization, the UV index is 8-10, if the skin is in the sun for about 25 minutes, it can be burned. This index is 11 or higher, the skin is at risk of burns if exposed to the sun for about 10 minutes without protection. And ultraviolet rays at 12 will be very dangerous to health. Experts recommend that everyone wear goggles to protect their eyes. When outdoors, people should wear sunglasses that block at least 99% of UV rays. Sunglasses can help prevent cataracts, as well as wrinkles around the eyes. It’s best to ask your ophthalmologist for the right glasses. The hot sun with harmful ultraviolet rays will also be dangerous to the skin, besides sun protection measures such as wearing clothes, wearing a wide-brimmed hat… people need to pay attention to applying sunscreen and should Apply every 3 hours to protect the skin.

Sunscreens come in many forms: spray, gel, patch or topical… but generally contain physical or chemical ingredients that are able to block, absorb or spread some UV radiation on the area. skin exposed to the sun. The 3 types of UV filters that can be combined in sunscreen products are: Organic chemical compounds that can absorb harmful components of UV light (oxybenzone, sulisobenzone, avobenzone). Inorganic particles reflect, scatter and absorb UV light (titanium dioxide, zinc oxide, superoxide dismutase, phlebodium aureum). Organic particles that can reflect, scatter or absorb light (tinosorb M, tinosorb S, mexoryl XL.). The American Cancer Society recommends that people use sunscreen because it can help prevent squamous cell and basal cell skin cancers, and to use broad-spectrum sunscreens because they can provide Protects against both UVA and UVB rays. What is SPF sun protection factor? SPF (Sun Protection Factor) is a measure of the amount of UV radiation needed to create a sunburn on the skin. All sunscreens are tested to measure the amount of UV radiation exposure needed to cause sunburn when sunscreen is used compared with UV exposure to cause sunburn without sunscreen. Sunscreen. The product is then labeled with the appropriate SPF value. The SPF value indicates the level of sunburn protection provided by the sunscreen product. As the SPF value increases, the level of sunburn protection increases. Sunscreen is only effective when applied to the skin about 15 – 30 minutes before going out in the sun. Should choose sunscreen products with medium SPF, in the city only need to use products with SPF 20 – 30. A very common misconception is that consumers are often told that an SPF 15 sunscreen can provide 15 x 10 minutes = 150 minutes of sun protection without sunburn. This is not true because SPF is not directly related to the time of sun exposure but to the amount of energy exposed to solar radiation. Although the amount of solar energy is related to the length of exposure to the sun, there are other factors such as the intensity of the solar energy that can affect the amount of UV radiation. For example, the following exposures could result in the same amount of solar energy (because the sun is more intense at noon than at other times): Example 60 minutes of solar energy at 9 morning hours can be equivalent to 15 minutes at 13 pm. The intensity of UV radiation in sunlight is also related to geographical location, greater radiation intensity occurs at lower latitudes. Several other factors can affect the amount of solar radiation exposure bức – People with fair skin are able to absorb more solar energy than people with dark skin under the same conditions. – The more sunscreen used, the less solar energy is absorbed. Sunscreen wears out and becomes less effective over time so frequency of reapplying is important to limit absorption of solar radiation. The frequency of reuse is also affected by the activities the user engages in. For example, when swimming, sunscreen needs to be reapplied more often because water can wash sunscreen from the body. In addition, high levels of physical activity also necessitate more frequent use of the cream because this activity can cause heavy sweating that washes away the sunscreen. Because many different factors affect the amount of solar radiation, the SPF number does not reflect the length of time a user is in the sun. In other words, SPF doesn’t inform users about how long they can stay in the sun without getting sunburned. Instead, SPF is a relative measure of the amount of sunburn protection provided in a sunscreen. Different sunscreens will have different SPF ratings. There are sunscreens with SPFs between 15 and 100 on the market today, allowing consumers to compare levels of sunburn protection. The higher the SPF, the more protection your skin can get from the sun. But 3 times the SPF does not mean 3 times the UV protection. For example, SPF 20 sunscreen can absorb up to 95% of UV rays, while SPF 60 sunscreen can absorb up to 98.3% of UV rays; SPF 15 blocks 93% of UV rays; SPF 30 blocks 97% of UV rays; SPF 50 blocks 98% of UV rays. In Vietnam, you should choose a sunscreen with an average SPF, in the city you only need to use a product with an SPF of 20 – 30, when you go to the beach, you need to use a sunscreen with an SPF of 50+. In fact, the majority sun protection index is often not as advertised. Some surveys show that over 40% of sunscreen products with SPF sun protection do not reach the level stated by the manufacturer on the product.

In central provinces and cities, this index is common at a high risk of harm, especially on June 12 at an average level. The UV index in the southern provinces and cities has a high and very high risk of harm, except for Ho Chi Minh City and Can Tho on June 12, which has a moderate risk of harm. On June 11, the ultraviolet index of provinces and cities in the North was very high. Illustration: Tuan Duc/VNA On June 11, the ultraviolet index of provinces and cities in the North was very high. This index in Ha Long city (Quang Ninh province) is from 8.4 to 9.1, in Hai Phong city it is from 8.9 to 9.2 and the same harm is very high from 11 to 13 hours. UV radiation in Hanoi city is very high at 12 o’clock with the highest index of only 7.8. In the southern and central provinces and cities, the UV index reached high levels. Except for Ho Chi Minh City, UV radiation reaches 8.3 – 8.9 and is harmful at very high levels from 11 to 13 hours. According to the World Health Organization (WHO), the UV index of 8-10 will cause burns to the skin if exposed to the sun for about 25 minutes. This index is 11 or higher, the skin is at risk of burns if exposed to the sun for about 10 minutes without protection. And ultraviolet rays at 12 will be very dangerous to health. Ultraviolet radiation is a component of sunlight, in which ultraviolet A and B rays (UVA and UVB) can damage the DNA of skin cells. When exposed to too much sunlight, the skin will burn, dry, darken, lose elasticity, create wrinkles, accelerate aging and can cause skin cancer. In addition to affecting the skin, UV rays can also cause eye problems. Experts recommend that everyone needs to wear goggles to protect their eyes. When outdoors, people should wear sunglasses that block at least 99% of ultraviolet rays. Sunglasses can help prevent cataracts, as well as wrinkles around the eyes, and it’s best to ask your ophthalmologist for the right glasses. The hot sun brings with it harmful ultraviolet rays that will also be dangerous to the skin. Therefore, besides sun protection measures such as wearing clothes, wearing a wide-brimmed hat… people need to pay attention to apply sunscreen and should apply it every 3 hours to protect the skin.

From the perspective of subdivided stocks, the gains are even more amazing. Pull the timeline to look at the gains. Stocks that have doubled are everywhere. Three leading leaders: ST Shede (willing to wine), ST Zotye, and ST Rock.

And the wine industry is the leader of the ST sector’s surge. Since September last year, the company’s cumulative increase has exceeded 6 times, corresponding to a total market value of more than 70 billion.

The logic of capital speculation in the wine industry lies in two points: one is that it did not rise because the major shareholder was bad, and the valuation of the stock price plummeted after ST was underestimated. The adjustment strategy of the company’s management made the company’s performance start again, and it took off some time ago.

According to the first quarter report of 2021, the company’s operating income for the first quarter of 2021 was 1.028 billion yuan, a year-on-year increase of 154.21%; net profit was 302 million yuan, a year-on-year increase of 1031.19%. The 2020 annual report shows that the company achieved revenue of 2.704 billion yuan in 2020, a year-on-year increase of 2.02%; net profit was 581.1 million yuan, a year-on-year increase of 14.42%.

Another point is that the liquor sector continued to be sought after by funds in the second half of last year, which gave the willingness to the wine industry a good stock price environment. After all, the business model of liquor is the top class in the A-share consumer track field, enjoying a high valuation premium and institutional grouping. trend.

Therefore, under the leadership of the willing wine industry this year, the ST sector has set off a big market. The main logic is to focus on low valuations. After the bubble of group stocks is superimposed, some funds are looking for low valuations in other sectors to speculate. .

Moreover, from the recent institutional survey actions, last week, according to data, a number of ST companies received institutional research, including *ST Huaying, *ST Kodi, *ST Lion, *ST Zhongfu, ST Six companies, Senyuan and ST Xintong.

These companies focus on new energy, consumption and technology. From the perspective of ST Mengshi, one company mainly focuses on R&D, production and sales of various types of batteries. From 2017 to 2020, the net profit of *ST Mengshi is -1.39 respectively. 100 million yuan, 2.777 billion yuan, 152 million yuan, and 1.814 billion yuan. Only in 2019 due to debt restructuring exempted debt to achieve profitability, the company abbreviation was also changed from “ST Lion” to “ST Lion”.

However, since its audited net assets attributable to shareholders of listed companies at the end of the 2020 period are negative, on April 30 this year, the company once again “wears stars and hats.”

It is worth noting that the asset restructuring plan disclosed by *ST Lions in 2018 has not been completed until today, and there is still uncertainty about whether it can be successfully completed. *ST Kedi introduced that the reorganization of major shareholders is proceeding in an orderly manner; *ST Zhongfu stated that in the first quarter of 2021, due to the continuous rise in aluminum prices and the commissioning of the Guangyuan electrolytic aluminum project, the profit of the electrolytic aluminum business increased; it was also affected by the company and its subsidiaries. After entering the judicial reorganization, the suspension of interest accrual in accordance with the law affected the reduction of financial expenses and achieved profitability in the first quarter.The company’s debt restructuring is currently being carried out in an orderly manner

For ST stocks, the fundamentals of these companies are very poor. What can be seen is whether the company’s management can make substantial adjustments and changes, and then stay in the capital market, so that there is a gap in expectations, but for institutions, The survey is only to understand that if you want to build a large-scale position and buy, in fact, there is also the risk judgment of the institution itself.

Moreover, in addition to the recent attention of ST stocks by institutions, there are also several companies that have also been extensively investigated by institutions.

Survey of more than 150 institutions

According to Wind data, in the past week, more than 370 institutions including securities companies and fund companies investigated 124 A-share listed companies, covering dozens of subdivisions such as chemicals, machinery, electronic equipment, electronic components, and construction engineering.

Among them, Tuopu Group and Hairong Technology have received surveys from more than 150 institutions. However, these two companies have increased by more than 30%.

As a Tesla concept star stock, Tuopu Group is mainly engaged in the research and development, production and sales of rubber shock absorption products and sound insulation products in the field of automotive NVH (vibration, noise reduction and comfort control).

The technology and R&D level in the automotive NVH field ranks in the forefront of the country. It is one of the few domestic NVH parts suppliers with the ability to synchronize the research and development of the entire vehicle, and it is also the earliest domestic independent entry into the global vehicle supporting parts procurement system Brand auto parts manufacturer.

The latest performance shows that in the first quarter, revenue was 2.426 billion yuan, a year-on-year increase of 100.8%, profit attributable to the parent was 246 million yuan, a year-on-year increase of 116.4%, and net profit attributable to the parent after deduction was 240 million yuan, a year-on-year increase of 122.9%.

New orders promote performance, and the Tier0.5 cooperation model has already cooperated with new leading car-building forces such as RIVIAN, Xiaopeng, Weilai, and Ideal.

Hairong Technology is a professional company integrating R&D, production and sales of raw materials in the baking industry, including dozens of high-quality food raw materials in three categories, including non-dairy cream, non-dairy cream containing milk fat, jam, and chocolate. It already has two production bases in Shanghai, China and New Delhi, India. The current stock price corresponds to PE54.8 times.

In 2020, the total operating income will be 572 million yuan, a decrease of 2.04% year-on-year. In 2021, the total operating income will be 157 million yuan, +43.91% year-on-year; the net profit attributable to the parent in 2020 will be 87 million yuan, an increase of 13.18% year-on-year. In 2021, Q1 will be returned to the parent Net profit was 16 million yuan, a year-on-year increase of 323.76%; in 2020, net profit attributable to the parent after deduction was 83 million yuan, a year-on-year increase of 10.92%.

In terms of the market outlook, institutions have different views. Take Industrial Securities as an example: the world staged a “value stock bull market”. The Chinese market need not worry too much. A large amount of liquidity is still accumulated in the currency and bond markets, and global funds flow to the stock market. It also flows to emerging markets, of which China has benefited the most. Valuation is down and profitability is up. We continue to be optimistic about the main line of global recovery. It is recommended that the short-term performance is quickly implemented, rather than telling stories and speculating in expected industries and individual stocks.

In terms of specific directions, Industrial Securities recommends grasping three main lines: the first is the global recovery with rising volume and price of mid-upstream cyclical manufactured products; the second is the service-oriented consumption that has gradually recovered from the epidemic; the third is the main line of carbon neutrality.

Technically. In the trading session on June 15, 2021, VN-Index had the 3rd consecutive gaining session. However, the index created a candle with a small body when testing the adjacent old peak, showing the struggling sentiment of investors. Besides, the trading volume is close to the 20-day average. The Stochastic Oscillator has given a buy signal. The MACD is approaching the signal line. If this indicator also shows similar signal, the index’s situation will be better. The zone of 1,390-1,410 points (100% Fibonacci Projection level) will still be the target that the index is aiming for. In case the index suddenly corrects, the short-term uptrend line (starting from January 2021) will be the nearest support. The Middle Band is also near this support so the reliability is quite high. The HNX-Index created a small-body candle, showing investors’ hesitation. The trading volume dropped again (below the 20-day average) showing the cautious sentiment of investors. If the uptrend is maintained, the index is likely to test 330-340 points (100% Fibonacci Projection level). The Stochastic Oscillator has bought, thereby supporting this possibility. On the contrary, 290-300 points (the old peak of April 2021 was surpassed and the 50-day SMA) will be an important support if the index shakes strongly again. Returning to the session, HOSE had 183 gainers and 198 losers, VN-Index gained 5.64 points (equivalent to 0.41%), to 1,367.36 points. The total trading volume reached more than 730.94 million units, worth 24,425.3 billion dong, down nearly 6% in volume and more than 3% in value compared to yesterday. The put-through transaction contributed more than 24.37 million units, worth 1,241.4 billion dong. The VN30 basket had 12 gainers and 15 losers, with BID, MBB, and KDH standing for reference, with the notable point being that the trio of Vin stocks all inched up, in which, VRE +2.8% to 32,850 dong, VHM +2.5% to 112,600 dong, VIC +1.4% to 121,700 dong. Relatively good gains were also REE +2.5% to 56,900 dong, BVH +2% to 61,200 dong, HDB +1.9% to 34,750 dong, while VNM, NVL, VCB, VJC, PDR, TCH increased slightly. On the contrary, VPB was suddenly sold strongly again in the afternoon session and at one point fell to the floor price, before closing -6.2% at 66,500 dong, becoming the biggest drag on the market. Liquidity this session VPB led HOSE with more than 37.8 million matched units. Bank codes that fell deeply had SBT down 3.8% to 20,500 dong. The rest decreased slightly like MSN, HPG, PLX, TCB, TPB, CTG, GAS, MWG. Besides some highly liquid bluechips such as VPB, STB, MBB, HPG, CTG, PLX, the rest are mostly Midcap stocks. In which, stocks of real estate, construction, and industrial parks such as KBC, D2D and HCD hit the ceiling price, SCR increased by 5.7% to 12,150 dong, HBC increased by 3.3% to 15,700 dong. , DIG increased by 2.7% to 26,200 dong, SZC increased by 4.9% to 40,900 dong, IJC increased by 2.2% to 33,000 dong, in which, KBC suddenly matched orders with more than 20.8 million shares. Securities companies still maintained their attraction with FTS most prominently increasing by 7% to 34,500 dong, HCM by 6.5% to 44,900 dong, VCI by 4.1% to 102,000 dong, APG increased by 4% to 11,650 VND. In contrast, TSC dropped to the floor price at 12,850 dong, matched more than 6.11 million shares, related stock FIT dropped 2.9% to 14,950 dong, LPB took profit strongly and fell 5.5% to 29,000 dong, PVD dropped 2% to 22,450 dong, ANV fell 4.6% to 28,800 dong. On the HNX, the HNX-Index gradually inched up in the afternoon session, but with the extension of the falling momentum of SHB, it strongly influenced this index, causing another drop to reference and closing in the red. At the close, HNX had 73 gainers and 116 losers, HNX-Index decreased by 0.72 points (equivalent to 0.22%), to 318.29 points. Total matched volume reached more than 152.9 million units, worth 4,134.4 billion dong. The put-through transaction added more than 72.6 million units, worth more than 2,270 billion dong. SHB plummeted 4.1% to 28,000 dong, matched orders of more than 31.3 million units, the highest on HNX. Besides, PVS dropped 2% to VND 28,700, BVS dropped 1.7% to VND 28,800, PVI dropped 2.5% to VND 43,700, CEO dropped 1.9% to VND 10,200, and many other losers at TNG , PVC, HUT, ART, TVB, VCS. Creating great support was SHS up 5.6% to 43,200 dong, matched only after SHB with more than 17.4 million units, VND 2.8% up to 44,700 dong, PAN up 1.5% to 27,300 dong. when BSI, MBS only inched slightly. In particular, IDC shares jumped to the ceiling price of +9.7% to 39,400 dong, matched more than 11.4 million shares. Closing the session, UpCoM-Index increased by 0.05 points (equivalent to 0.05%), to 88.87 points. Total matched volume reached more than 71.6 million units, worth 1,304.1 billion dong. The put-through transaction added more than 16.5 million units, worth 386.8 billion dong. In the absence of supporting information like the present, the probability of the index correcting down in the next few sessions before short-term profit-taking pressure is still significant, however, today’s positive movement showed that the index has dropped. There is a certain improvement in the general expectation of investors about the overall outlook of the market. Temporary investors should only consider disbursing exploration with a small proportion when the index is still around the threshold of 1,370 points and should not use leverage. The current goal is still to gradually accumulate stocks that maintain positive growth potential in the second half of 2021 for the medium-long-term portfolio.

New Zealand has the most expensive housing market in the world. (Source: stuff.co.nz) According to Bloomberg Economics, real estate prices around the world is exploding strongly, from which the warning will form a real estate bubble unprecedented since the 2008 financial crisis. Based on the key indicators used in Bloomberg Economics’ calculations, New Zealand, Canada and Sweden are ranked as the top countries, respectively. Expensive housing market best of the world. Meanwhile, the UK and US are also near the top of the risk charts. Bloomberg Economics economist Niraj Shah says there are multiple factors contributing to the rise in home prices to unprecedented levels worldwide, including record low interest rates, massive fiscal stimulus packages, and massive bailouts. Backup savings can serve as a down payment, limited housing stock and expectations of a strong recovery in the global economy. Besides, the trend of working from home to avoid infection COVID-19 causing more people to need more living space and many governments giving tax incentives to homebuyers also increase the demand to buy houses. According to calculations by Bloomberg Economics, the ratio of price to rent and price to income will help assess the sustainability of housing price increases. Bloomberg Economics analyzes that even as risk indicators rise, with interest rates remaining low, lending standards generally higher than before, and macro-prudential policies in place, the cause led to the real estate market collapse is not clear. Mr. Shah said that in the coming period, it is likely that the real estate market will witness a cooling, not a collapse. As interest rates start to rise and other measures are put in place to protect financial stability, the property market will face an “important test,” Shah said.

The Financial Associated Press reported on June 15, Wind data showed that Northbound funds sold a net 5.154 billion yuan throughout the day, of which 5.608 billion yuan was sold for Shanghai Stock Connect and 454 million yuan was bought for Shenzhen Stock Connect.

News on June 15th, the three major indexes opened with mixed changes, and sharply fell after the opening. The index and the Shanghai stock index expanded to 1% successively. The Shanghai Composite Index fell below the bottom of the box, and the ChiNext index was on the 5th and 10th. The moving average was supported, and the Science and Technology 50 Index bucked the trend and rose. In terms of the sector, Huawei Hongmeng concept stocks, which have risen sharply for three consecutive days, opened a callback, the virtual reality sector continued to strengthen, and the chip sector bucked the trend. In the afternoon, the index continued to fluctuate underwater. In terms of the sector, the capital reduction front focused on attacking the technology sector. The front row stocks of Hongmeng concept stocks continued to attack, and some funds returned to the liquor sector. Second-line liquor rebounded. Near the end, Hongmeng concept stocks plunged sharply. Generally speaking, the market sentiment is sluggish, individual stocks have fallen more and rose less, and the effect of making money is poor.

On the disk, the LED concept and the semiconductor sector have the largest gains, and the Hongmeng concept and the textile manufacturing sector have the largest declines.

Hot section:

1. Liquor concept

   The liquor sector fell sharply again on the 15th. As of press time, Yanghe shares (204.000, -7.28, -3.45%), Huangtai Liquor (33.600, 2.34, 7.49%) (rights protection), Luzhou Laojiao (249.860, -) 8.39, -3.25%) fell sharply, Shunxin Agriculture (44.900, -1.13, -2.45%), Yilite (30.900, 0.53, 1.75%), Mogao (8.230, -0.07, -0.84%), Wuliangye (299.260) , -2.31, -0.77%) followed the decline.

   Huaan Securities (5.610, -0.18, -3.11%) pointed out that the price of the liquor sector was volatile and adjusted. On the one hand, the industry was affected by consumption tax concerns. On the other hand, the personnel adjustment of individual stocks Yanghe shares caused market concerns. It is not the first time that the worries about liquor consumption tax have appeared. We continue our previous view that the implementation of liquor consumption tax is less feasible, because the flow of liquor is complicated and diverse, and it is difficult for tax authorities to levy taxes at the end of the sales link. In terms of individual stocks, the chairman of Yanghe Co., Ltd. began to manage all company markets, including sales, worried that personnel adjustments would affect the company’s sales system and reform advancement. Yanghe’s personnel adjustments will not affect the overall development of Yanghe. The company’s overall development is healthy and orderly. Meng 6+ has strong growth and is expected to exceed 10 billion next year. Haitian will return to positive growth. The company’s incentive plan will most likely be implemented this year, driving the enthusiasm of the company’s sales and management personnel. Continue to recommend high-end liquor Mao Wulu, while recommending to pay attention to Shanxi Fenjiu (486.000, 15.75, 3.35%), Yanghe shares, and Shuijingfang (126.130, 3.88, 3.17%).

2. Semiconductor

The semiconductor sector rose sharply during intraday trading on the 15th. As of press time, National Technology (14.650, 2.44, 19.98%), Absen (9.330, 1.13, 13.78%), Espressif Technology (192.000, 21.86, 12.85%), Unimin Technology (9.020, 0.91, 11.22%), Chipeng Micro (90.460, 8.76, 10.72%), Hengxun Technology, etc. rose sharply, Rockchip (129.670, 11.79, 10.00%), Dike (50.550, 4.41, 9.56%) ) Follow up.

Driven by digital economy smart applications such as automobiles, servers, Internet of Things, and 5G, the semiconductor market is expected to enter a three-year-old super boom cycle since 2019. WSTS, IDC, etc. all predict that the global semiconductor market will exceed 500 billion U.S. dollars for the first time in 2021. According to the forecasts collected by SEMI, the average global semiconductor market will reach 570 billion U.S. dollars in 2022. According to ICInsights statistics, the revenue of the top 15 semiconductor companies in the world in 2021Q1 increased by 21% year-on-year. As the storage market enters a new round of upward cycle, Samsung’s revenue in the second quarter of 2021 is expected to surpass Intel to become the world’s number one.

News:

1. JPMorgan Chase released a global market strategy report stating that despite the recent decline in U.S. bond yields, this does not mean that market inflation expectations have cooled, and more likely to be driven by technical factors. JPMorgan Chase advises clients to firmly embrace “procyclical” transactions, and it is expected that “procyclical” transactions will benefit when the global economy reopens this summer.

2. Today, Powerland (100.610, 10.03, 11.07%) public account news: Powerland’s application server software has passed Kunpeng Validated certification. Powerland and Beijing Kunpeng Joint Innovation Center carried out in-depth full-stack optimization of Powerland’s application server software solution based on Kunpeng BoostKit, which increased the typical HTTPS access processing performance (TPS) by more than 38%, while obtaining highly reliable database access , High-performance clustered business deployment support, effectively promoting the safer, more stable and efficient operation of enterprise-level applications based on application server middleware deployment in Kunpeng environment in various industries, and fully tapping Kunpeng’s computing power.

3. According to Sinochem’s WeChat public account, on March 31, with the approval of the State Council, Sinochem Corporation and China National Chemical Corporation Limited implemented a joint reorganization. On May 8, China Sinochem Holdings Co., Ltd. was officially inaugurated and established. Recently, the joint office of the headquarters of the two chemical companies was officially launched.

   Outlook:

   Essence Securities pointed out that the main Shanghai Composite Index continued to trade sideways last week, while the ChiNext ushered in the fifth consecutive week of gains. After entering June, the yield of the domestic bond market has rebounded significantly, restricting the short-term performance of A-shares. The tight inter-bank funding at the end of June may also have a short-term impact on the market. At the same time, a historical review of the 5 major conferences or major celebrations in the past ten years shows that there may be short-term fluctuations in market risk appetite in the first 2-3 weeks of major events and the 2-3 weeks after the end. In the medium and long term, the fundamentals of A-shares in the interim report of this year and the second half of this year are likely to be better than market expectations. Under the background of the Fed’s significant dovishness and the completion of the domestic economic recovery, the domestic bond market yields have limited upward space, liquidity environment and risk appetite The overall factors are still favorable, and the profitability and growth of the company will become the core logic of the next stage of the market.

   Jufeng Investment Consulting believes that the PMI index has fallen for two consecutive months, indicating that the economic recovery has slowed down; the decline in social financial data and the slowdown in the issuance of public equity funds indicate that liquidity has tightened; the market has renewed its search for certainty. After the quarterly report, winemaking, brokerage, and coal have become the main lines leading the rise. After the Shanghai Composite Index rebounded to around 3,600 points, market divergence increased: brokerages, coal, and technology stocks (Huawei Auto, Hongmeng Concept) rebounded in a relay. On Tuesday, after the opening of the A-share market, the A-share market fluctuated and declined. The steel, nonferrous metals, insurance, and coal industries led the decline, and the market had a strong risk aversion. Recently, the A-share sector has been rotating frequently, showing a see-saw pattern overall. It is recommended that investors control their positions and pay attention to high-quality stocks with valuation advantages in the mid-term bargaining.

   Source: Sina Finance, Financial Association

Famous plastic surgeon Julian De Silva in London (UK) is the one who “digitized” the above system, to “mapping” the face on the computer, then the computer will calculate the pass rate. what percentage of the standard. The calculator will mainly calculate the perfect face shape, position and size of lips, nose, chin and jawline. Diana Princess. Photo: Cavendish Press. As a result, Princess Diana has the closest ratio to the ideal of the female Royals. Her face reached 89% of the ideal index. Next, Queen Rania of Jordan, 50, is considered the most beautiful Royal figure still alive. Her face ratio reached 88.9% of the ideal index. Queen Rania. Photo: Cavendish Press. Princess Grace Kelly of Monaco, who used to be a Hollywood star, has a face with an ideal ratio of 88.8%, coming in third place. Princess Grace. Photo: Cavendish Press. The most notable is the face ratio of the two British Royal brides. Contrary to many people’s predictions, Meghan is the one who ranks closely behind Princess Grace Kelly in terms of beautiful face proportions. Meghan Markle’s face reached 87.4% of the ideal ratio, ranked fourth. And Kate Middleton ranked fifth with a face reaching 86.8% of the perfect rate. That means Meghan overtakes Kate, albeit very closely. Meghan Markle. Photo: Cavendish Press. Dr De Silva commented: ‘They are all very beautiful people, but Diana tops them all with high marks in the shape of her face, the width of her nose and the area of ​​her eyebrows. And Meghan has a symmetrical face, specifically a very beautiful nose and V-shaped chin. Kate has the perfect distance between her nose and lips, and so is the distance between her eyes. However, Kate has a slightly lower score in the chin and jawline. Kate Middleton. Photo: Cavendish Press. Of course, this is the ancient Greek way of calculating facial proportions, but basically, beauty is always in the eye of the beholder. Thuc Han According to many sources

This App is for customers in Hanoi and uses electronic meters to directly send real-time data. Every summer – the peak season for electricity use, many consumers have many doubts and questions about the sudden increase in monthly electricity bills. Now, the information about electricity index and electricity bill of each household will be more transparent than ever, and consumers can also limit their own electricity consumption, all thanks to a tool has just been posted to the app store With the desire to bring a completely new experience with outstanding utilities and features, Hanoi Electricity Corporation (EVNHANOI) has launched a mobile application for customers using electricity. . With just “one touch” right on a smart mobile device, consumers can look up and manage all information about electricity, especially, can actively monitor the daily power consumption index, set threshold of electricity usage warning, self-calculation of electricity bills… Consumers can look up and manage all information about electricity, especially actively monitoring the daily power consumption index. The Covid-19 epidemic broke out again right at the time when the capital Hanoi entered the hot season of 2021, along with that, people’s restriction of going out to prevent and control the epidemic caused the demand for electricity. activity increased. It can be said that at this moment, the newly launched application of the Hanoi Electricity Corporation is one of the “revolutionary” features when electricity users can know exactly every day their family. How much electricity has been used, thereby planning the optimal and more economical use of electricity. With the EVNHANOI App, customers can look up all information about electricity, from the schedule of meter readings, the schedule of power interruption, to being able to send requests and track the progress of electricity services right away. on applications such as new power supply services, electricity purchase and sale contract services (signing, changing, supplementing information,…); services on measuring equipment (testing, testing)… Besides, the EVNHANOI application also helps consumers to monitor the daily and monthly electricity consumption index and compare with the same period in the previous period. In particular, in the “Power consumption” feature, households can also set a warning threshold for electricity use. Simply Select “Warning Output Threshold (kWh)” or “Proportion of power output increased from last month” and the customer can set the desired number (kWh) or rate (%) to be alerted. Thanks to this mobile application, each household will plan to use electricity optimally and more economically. EVNHANOI App not only helps to control electricity consumption, but through two features “Essential power consumption of equipment” and “Billing tool”, consumers can also estimate the monthly cost of electricity. Approximately how much electricity will be used up by the family based on entering information about the quantity, type, frequency of use of electrical appliances in the household in use and checking the family’s electricity bill has the industry. whether the calculation is correct or not. Consumers only need to search for the keyword “EVNHANOI” on the App Store (for iOS operating system) and Google Play (for Android operating system) data stores to be able to download and use the EVNHANOI application right on their devices. smart mobile device.

Ms. Hoang Mai Anh – Nghia Do urban area, Bac Tu Liem district, Hanoi shared: “Since the outbreak broke out again, my family has only lived in the house. On weekdays, the couple go to work, but the electricity is still used because the children have summer vacation earlier than usual. But the weather is hot like this without air conditioning, so my house uses the air conditioner almost all day. Electricity bill this month will definitely increase. I know that, but if there are measures to control electricity bills, it will be less “heartbreaking”. Understanding the concerns of Ms. Mai Anh as well as many electricity users in Hanoi, EVNHANOI has made efforts to apply science – technology and digital platforms to electricity services and launched a mobile app for electricity users. for customers to use electricity with a completely new experience with outstanding utilities and features. Customers only need to search for the keyword “EVNHANOI” on the App Store (for iOS operating system) and Google Play (for Android operating system) data stores to be able to download and use the EVNHANOI application right on the device. smart mobile. Using the EVNHANOI App, each person can look up all information about electricity, from the schedule of meter readings, the schedule of power interruption, to being able to send requests and monitor the progress of electricity services. right on the application such as new power supply service, electricity purchase and sale contract service (signing, changing, supplementing information,…); services on measuring equipment (testing, testing)… The feature “Set alarm threshold” in App EVNHANOI Besides, EVNHANOI application also helps customers to monitor daily and monthly electricity consumption index and compare with the same period in the previous period. In particular, in the “Power consumption” feature, customers can also set an alarm threshold for electricity usage. Just select “Warning Output Threshold (kWh)” or “Proportion of power output increased from last month” and the customer can set the desired number (kWh) or rate (%) to be alerted. This is one of the useful features when electricity users can know exactly how much electricity their family uses each day, thereby planning an optimal and more economical use of electricity. Some features in the App EVNHANOI The EVNHANOI App not only helps customers control their electricity consumption, but through 2 features “Estimate device power consumption” and “Billing tool”, customers can also estimate the monthly cost of electricity. Approximately how much electricity will be used up by the family based on entering information about the quantity, type, frequency of use of electrical appliances in the household in use and checking the family’s electricity bill has the industry whether the calculation is correct or not. Online transactions through the EVNHANOI App on mobile devices will also bring a lot of convenience to electricity customers, helping to reduce the time to go to the power stations, reduce face-to-face communication, especially in the context. The current Covid-19 pandemic is complicated. Instructions to download App EVNHANOI: – Step 1: Go to Appstore or Google Play – Step 2: Search for “EVHANOI” – Step 3: Download the app – Step 4: Select “Register”. Enter customer code (eg PD123456…) and select “Register” – Step 5: Enter the OTP verification code sent to the phone number or email according to the power purchase contract – Step 6: Select “Change password” (password must contain at least 10 characters, including uppercase, lowercase letters, numbers and special characters) Hotline (24/7): 19001288

Only 19.1% of scientific journals are digitized This is the third time the Vcgate team has announced this result (the previous two times were in 2016 and 2018). However, this is the first time the team has evaluated the impact factor (IF) and H-index (cumulative influence) according to international practices. In 2020, there are 83 journals to be considered for inclusion in the Vcgate system and evaluated. Regarding the influence index calculated through the number of citations in 2020 of articles published in 5 years (2015-2019), there are 72/83 journals having an impact index. In which, 42 journals have an index of IF > 0.1; 12 journals have IF > 0.5 and 6 journals have IF > 1.0. Citations are collected from Google Scholar sources, so are often higher than the total number of citations from Web of Science and Scopus sources. The results show that, in addition to journals with international elements, a number of Vietnamese scientific journals are published entirely by internal resources, but have received a very encouraging IF index. Source Vcgate However, in general, the quality of our journals is still inadequate, far from the final group of Q4 international journals. In addition, this year Vcgate also announced the results of the H-index survey of magazines. This index evaluates the degree of integration between publication productivity (quantity) and quality (citation count). Accordingly, the Journal of Advances in Natural Sciences: Nanoscience and Nanotechnology of the Vietnam Academy of Sciences has the highest index (H-index = 53). Assessing the general picture for Vietnamese scientific journals, the Vcgate team found that Vietnam currently has over 600 scientific journals (only in the journal system scored by the State Council of Professors, there are more than 600 scientific journals). 400 journals), of which only 1 journal is indexed in the SCIE (Science Citation Index Expansed) database and 8 journals are included in the ESCI (Emerging Sources Citation Index) of the Web of Sciences; 10 Scopus journals and 18 journals are indexed in the ACI (Asean Citation Index) database. These are very modest numbers compared to other countries in Southeast Asia. According to GS. Nguyen Huu Duc, Vietnamese scientific journals also do not follow international practices, from format to presentation. As for the standard, which is basically only interested in the form of ACI, Vietnam has only passed 18 journals. The editorial board has not yet been able to diversify geographically, the way in which references are presented, the protocol of the minutes, etc., have not been accepted. In the current digitization context, there are only about 115/600 journals published online (only about 19.1%), of which only 83 journals have relatively standardized websites, compatible with other institutions. international data and indexed in the Vcgate system is a very unexpected and sad result. The Vcgate system has been in operation for nearly 5 years, promoting, encouraging and supporting magazines a lot, but hardly make any changes, don’t know the reason for the resistance. GS. Nguyen Huu Duc also said that not digitizing will make magazines self-limiting readers to find them. “Without readers, that means there will be no citations and thus, the journal’s influence on the scientific community is very low,” Prof. Huu Duc said. The process of evaluating journals by the State Council of Professors is too simple and subjective GS. Nguyen Huu Duc said, while the management of productivity and quality of international publications of Vietnamese scientists and S&T organizations can be done very quickly and conveniently through the Web of Science’s database and /or Scopus, statistics and management of publications published in the country cannot be done. How much does the state spend on research, but it is very difficult to manage and analyze accurately and effectively. The list of journals of the State Council of Professors has more than 400 journals, but the selection and quality assessment is still simple, qualitative and subjective, without criteria and selection process. Prof. Nguyen Huu Duc analyzed, the format and presentation format of many scientific journals in Vietnam are arbitrary, inconsistent and inconsistent with international practices. In particular, we do not have a policy to encourage the evaluation of journal quality by quantitative and specific criteria. GS. Nguyen Huu Duc said that only the Ta Quang Buu Prize and the Nafosted Foundation are interested in important factors of the quality of research works through the assessment of two important indicators, namely the prestige of the scientific journal. having high IF index and having the influence of articles of (with high citation index) If the domestic scientific journals have low IF index, the quality is not properly evaluated, it will also affect the quality of the articles. evaluate the quality of the article in particular and the results honoring scientists in general. Works published in scientific journals are the main database and information to evaluate the productivity and quality of scientific research of individuals and organizations, a measure to recognize titles and scientific awards, staff evaluation criteria… If we don’t pay attention to this, we can only evaluate based on the quality of current journals, the consequences will be immeasurable. Therefore, GS. Nguyen Huu Duc recommended that it is necessary to improve the standardization and digitization of the system of Vietnamese scientific journals, to develop a complete system of Vietnamese citation database, to develop a set of criteria and to use database of the citation system to evaluate the quality of journals.

On May 11, the UV index in all provinces and cities across the country was very high. Photo: Thanh Dat / VNA Specifically, in the North, the UV index in Hanoi is at 8.8 – 9.4; Ha Long city (Quang Ninh province) at 7.8-8.4; in Hai Phong city is 7.6 – 9.4 and very high harm from 11-13 hours. In the Central region, the UV index in Da Nang cities is 7.8 – 9.5, Hue (Thua Thien-Hue province) is 7.7-9.6, Hoi An (Quang Nam province) is 7.8 – 9.5 and the same harm is very high. at 11-13 o’clock. For the South, the UV index in Ho Chi Minh City is 7.6 – 9.5, Ca Mau city (Ca Mau province) is 7.7 – 8.8 and the harmful effect is very high from 11-13 hours. In particular, the UV index in Can Tho city was the lowest with a maximum of only 7.7 and high harm at 10 o’clock; in Nha Trang (Khanh Hoa province) is highest when the maximum is 10.1 and the damage is very high from 10-13 hours. It is forecasted that from May 12-14, the UV index in all provinces and cities across the country is at a very high risk of harm, particularly in Ha Long city (May 12), Can Tho ( May 13-14), Ho Chi Minh City and Ca Mau (May 12-14) have a high risk of harm. According to the World Health Organization, the highest UV index is 11+ (too high) with a burn time of 10 minutes of continuous exposure; Index level 8-10 (very high) has a burn time of 25 minutes of continuous exposure. Ultraviolet radiation is a component of sunlight, in which ultraviolet rays A and B (UVA and UVB) can damage the DNA of skin cells. When exposed to too much sunlight, the skin will burn, dry, dull, lose elasticity, create wrinkles, accelerate aging and can cause skin cancer. In addition to its effects on the skin, ultraviolet rays can also cause eye problems. According to doctors, from 10-16 hours is the most intense sun, if not necessary, people should stay out of the street and when on the street should wear clothing that can protect the skin as much as possible, use a hat, hats cover the head, face … so wear a wide-brimmed hat that covers 2/3 of the face; use umbrellas, wear dark, black glasses, and seal the mask. People should choose thick, cross-woven, face-covered masks that are black and dark (90% sunscreen, light-colored masks only work against the sun by 60%). Blue medical masks are only dust-resistant, not sunscreen. In addition, people should use sun protection products with a sun protection factor (SPF) of 30 or more to protect the areas of the face, lips, arms, hands …, apply 15-20 minutes before Go out in the sun and reapply if you sweat a lot.

CONTENT::: 1. What is ultraviolet rays?
2. True understanding of ultraviolet rays
2.1. Subjects are more susceptible to exposure to UV rays
2.2. When do UV rays appear highest?
2.3. Effect of ultraviolet rays on the eyes like?
2.4. At what time does ultraviolet rays affect the eyes most strongly?
2.5. Wear sunglasses help protect against UV rays?
2.6. Do you have ultraviolet rays in cloudy weather?
2.7. Do not use sunscreen
2.8. Sitting in a car is not harmful to UV rays?
2.9. Ultraviolet rays do not cause skin cancer in oily skin
2.10. Get more vitamin D by getting plenty of sun exposure Ultraviolet rays are known to cause many significant harm to the skin, eyes and many other parts of the human body. However, not everyone understands correctly about ultraviolet rays. Misunderstandings about ultraviolet rays can make you stay in the wrong way. Find out information about ultraviolet rays in the article below will help you have a better view of this ray as well as understand the best of ultraviolet rays. 1. What is ultraviolet rays? Ultraviolet or ultraviolet rays are also abbreviated as UV, from the English language is Ultraviolet. Ultraviolet rays are electromagnetic waves with shorter wavelengths to visible light but longer than X-rays. Ultraviolet rays can also be divided into near ultraviolet with wavelengths from 380 to 200 nm and far ultraviolet or vacuum ultraviolet with wavelengths from 200 to 10 nm. Specifically, when ultraviolet rays affect human health and the environment as follows: UVA rays, also known as long wave or black light, have a wavelength of 380-315 nm. UVB is also known as the average wavelength with a wavelength of 315-280 nm. UVC has a shorter wavelength of 280 nm and is also known as a short wavelength, or is sterile. 2. Understand correctly about ultraviolet rays In summer, the highest time of year ultraviolet rays appear because direct sunlight greatly affects the skin, eyes and human health. So what major myths do you often encounter in the summer about ultraviolet rays that affect your quality of life? 2.1. Subjects are more susceptible to exposure to UV rays Young people are more vulnerable to UV exposure. Research data shows that up to about 50% of people are exposed for life to ultraviolet rays before the age of 18. Young people are more often exposed to ultraviolet rays than young people spend more time outdoors than older people. In particular, young people under the age of 18 still do not fully understand the harmful effects of UV rays to their health, so they do not really pay attention to covering their skin, wearing a wide-brimmed hat or sunglasses to protect their eyes when going out in the sun. . Ultraviolet rays affect everyone if they do not protect the skin properly – Photo Internet 2.2. When do UV rays appear highest? It is known that the amount of UV rays in the sun will be the most from 10 am to 4 pm. This is also known as the time when the sun contains the most ultraviolet rays of the day affecting people. In addition, in Vietnam, ultraviolet rays are most active in the summer. Vietnam is a tropical country, ultraviolet rays are present in all seasons of the year but highest in the summer. 2.3. Effect of ultraviolet rays on the eyes like? Many people mistakenly believe that ultraviolet rays cause little effect on the eyes. In fact, the harmful effects of ultraviolet rays on the eyes often accumulate over time. In particular, many cases of harmful effects from ultraviolet rays to the eye once it has emerged can leave permanent consequences. 2.4. At what time does ultraviolet rays affect the eyes most strongly? Ultraviolet rays are most active from 10 a.m. to 4 p.m. It is wrong to assume that this is the time when ultraviolet rays have the strongest impact on the eyes. In fact, eyes and skin are not the same. The human eye tends to be most exposed to UV radiation in the early morning and late afternoon. This means that the eyes are exposed to ultraviolet rays before 10 a.m. and after 4 p.m. Read more: How are UV rays harmful to the eyes? How to protect eyes from the sun. 2.5. Wear sunglasses help protect against UV rays? Many people believe sunglasses can 100% protect eyes from UV rays. However, this is a misconception. In fact, not all sunglasses are created with the same process and quality. This shows that there are many types of sunglasses that do not provide the ability to protect the eyes from the harmful effects of UV rays. Especially the sunglasses sold on the market without brand. Research done confirms that up to 45% of ultraviolet rays can still reach the eye even when you wear glasses with UV protection. Therefore, experts make the mistake of choosing large sunglasses that surround the eyes and need to make sure that the sunglasses you use are effective in protecting the eyes from ultraviolet rays. In addition, glasses should be worn during outdoor activities. Absolutely not subjective because wearing sunglasses does not completely protect the eyes from UV rays as you think – Internet photo 2.6. Do you have ultraviolet rays in cloudy weather? Most people think that if the weather is cloudy, when it is not sunny, UV rays will not appear. In fact, more than 90% of the ultraviolet rays penetrate the clouds. And from there, ultraviolet rays affect your skin and eyes. For weather, even on cloudy days, UV rays have the ability to affect as well as affect human health. 2.7. Do not use sunscreen A lot of people, especially women, because they use so many lotions, take care of their skin before the sunscreen step. The types of products used can also protect against the sun, so it is completely wrong to not use additional sunscreen on your skin. Only do not use extra sunscreen when the cosmetics you use have a sun protection factor of SPF 30 or higher. If not, be sure to apply an extra layer of sunscreen after using other lotions. Note, should re-apply sunscreen every 2 hours when participating in outdoor activities for a long time. Not only that, cosmetologists also said that most cosmetics do not provide enough functions to protect the skin from the harmful effects of ultraviolet rays. Meanwhile, if there is sun protection effect, the cosmetics only have an SPF of lower than 30. : Instructions on how to use sunscreen effectively and properly Mistakes when applying sunscreen that many people make 2.8. Sitting in a car is not harmful to UV rays? One of the many misconceptions about ultraviolet rays people encounter. In fact, even though the car’s glass has the ability to reduce the radiation intensity. However, it is also not possible to completely prevent UV rays from causing. Therefore, the effects of sunlight can still affect the skin if sitting in a car without other skin protection measures. Ultraviolet rays cause skin cancer for all skin types, not excluding oily skin as people mistakenly believe – Internet photo 2.9. Ultraviolet rays do not cause skin cancer in oily skin It is believed that ultraviolet rays do not cause skin cancer in people with oily skin. In fact, any skin type can suffer permanent damage or skin cancer if regularly exposed to ultraviolet rays. Therefore, people with oily skin still need to apply appropriate skin protection measures to combat the harmful effects of ultraviolet rays. 2.10. Get more vitamin D by getting plenty of sun exposure Many scientific studies have shown that prolonged skin exposure in the sun not only does not increase the absorption of vitamin D but also increases the risk of leading to cancer or other skin damage. Although the sun has many effects on the skin and eyes. However, the sun still has certain effects on mental health and metabolism of the body. Therefore, you still need to do outdoor activities or expose your skin to the sun at certain times of the day. UV rays can cause damage to the skin and eyes. So, getting the right understanding of ultraviolet rays can help you protect yourself effectively and properly.

Zoom application icon. (Photo: AFP / VNA) The wave of selling technology shares continues to hit companies with cloud services most, as investors withdraw their capital from these companies. share the strongest increase in the last year. While index Dow Jones is close to record levels, the index of companies providing cloud services is at its lowest level in six months. Stock price of WisdomTree Cloud Computing Fund, a fund that tracks the index of cloud services companies, includes 56 shares, down 2.4%, the seventh day of decrease in the past eight days (as of 10 / 5). Technology stocks began to sell out in February and sold out faster in the past few weeks. The main cause of the market’s diversion is concern about the possibility of an interest rate rise as this will normally negatively impact high-growth firms, combined with the attractiveness of stocks that are often beneficial. so when inflation is as high as finance, goods and industry. Compared to a year ago, the index of cloud services companies fell 15%, while the Dow Jones Index rose 14% and the Nasdaq Composite Index rose 4%. In the last year, a sharp increase in the cloud service provider’s index thanks to an unexpectedly fast transition to remote work, forcing businesses to use products that enable employees to coordinate. remote and access to data stored in data centers. From Zoom for video chat and Twilio to text exchanges to CrowdStrike and Zscaler’s security tools, large businesses have had to buy new technologies for widespread use. Global X analyst Pedro Palandrani, who manages venture funds, says 2020 is a phenomenal year for companies providing cloud services by working remotely. He said it would be a mistake to reopen the economy to stop everyone from using computing solutions. cloud Twilio said last week that the first quarter of 2021 revenue increased 62%, exceeding the forecast of analysts. ServiceNow also outperformed the forecast with a 30% increase in revenue. Zoom had three consecutive quarters of growth of over 300% and an estimated increase of over 175% in the first quarter.

Ultraviolet rays, also known as ultraviolet rays, are rays emitted by the sun whose wavelengths are shorter than visible light and longer than X rays, the wavelengths of UV rays from 10nm to 380nm. Related to human health and based on the UV wavelength are divided into 3 categories: UVA: Wavelength from 380 to 315 nm; UVB: Wavelengths from 315 to 280 nm: UVB rays stimulate the metabolism of Melanin (skin pigmentation), making the skin dark and dull; UVC: Wavelength In addition to the ultraviolet rays emitted by the sun, there are also artificial ultraviolet rays such as those emitted by welding machines, from devices such as computers, phones, and televisions. According to BS. Dang Bich Diep – Stem Cell Research and Application Department, Central Dermatology Hospital said, too much exposure to sunlight will cause sunburns, eye damage such as cataracts, skin aging, If prolonged exposure, accumulation may cause skin cancer. According to BS. Diep, the ultraviolet index or the UV index (ultraviolet rays) is a measure of the intensity of ultraviolet radiation from the sun at a particular place on a particular day. The publication of this index will help people protect against UV rays, as too much exposure to sunlight will cause sunburns, eye damage such as cataracts, skin aging, if prolonged exposure. Long accumulation can cause skin cancer. The most common acute harm to UV ears is sunburn from short-term overexposure, doctors say. In particular, when the peak heat is hot it can cause heatstroke or heatstroke, affecting health. Accumulated UV exposure, or frequent and prolonged exposure to high UV rays, can lead to premature skin aging, especially skin cancer. The time of day that UV rays most easily affect the skin range from 10 to 16 hours depending on the season and region. So, to determine the dangerous UV index by standing in the sun and observing your shadow, if the shade is shorter than the height, it corresponds to the high UV index, now should use sun protection measures. . What to do to limit ultraviolet rays? At this time of prolonged hot weather, BS. Diep recommends that people take proactive measures to protect their bodies from UV damage such as: limiting peak sun exposure (shadow observation rule). When going out in the sun, you need to ensure sun protection measures: use sunscreen (choose a broad spectrum sunscreen that is resistant to UVB (SPF), UVA (PA), (SPF) rays. 30 and above, PA +++) Sunscreen should be reapplied every 2 hours or after exposure to water to ensure skin protection. You can use a combined sunscreen to protect your skin, UV-protective eyeglasses, wear a hat, and sun-protective clothing. Besides, drink enough water, eat fresh fruits and vegetables. In addition to filtered water, you can add mineral water, vitamin-rich fruit juice …

The scale of e-commerce retail of consumer goods and services increased from 4 billion USD in 2015 to about 11.5 billion USD in 2019. The report predicts that the growth rate of 2020 will continue to remain above. 30% and reach the scale of 15 billion USD. VECOM’s Vietnam E-commerce Index 2021 also cited Google, Temasek and Bain & Company Southeast Asia’s E-commerce 2020 report, Vietnam e-commerce 2020 increased 16% and reached a scale of over 14 billion. USD. Online shopping continues to grow Of which, online retail sales increased 46%, ride-hailing and tech food increased 34%, marketing, entertainment and online games up 18%, and online travel down 28%. . This report also predicts an average growth rate of 29% in the 2020-2025 period and by 2025, our country’s e-commerce scale will reach 52 billion USD. E-commerce has had impressive numbers despite the impact of the epidemic. According to VECOM data, the output of postal items through express delivery services will increase by 47% by 2020. The leading delivery companies have posted mail growth rates ranging from 30% to 60%. Sales of digital marketing services are about 26 million USD, in 2015 increased to 329 million USD. Report on Vietnam’s digital marketing trends 2021 shows that digital marketing revenue in 2019 is 716 million USD and despite the Covid-19 epidemic, this number in 2020 is still 820 million USD and it is predicted that in 2021 it will be to $ 1 billion. The above report also said that during the Covidi-19 epidemic the online payment field continued to grow strongly. According to the Vietnam Bank Card Association in the first 6 months of 2020, banks have issued up to 10.3 million new cards of all kinds, bringing the total number of cards in Vietnam to 103.4 million. In which, the number of international cards is 15 million and domestic cards are 88.4 million. Sales of spending payments by e-commerce channels in the first six months of 2020 increased 17%. Race supper app To accommodate the new needs of consumers, the concept of super apps or “super apps” refers to the role and advantages of apps that provide a mobile ecosystem. It’s time for business to make changes to add even more value to consumers from its mobile apps and websites. The proportion of businesses with a mobile version website has not changed much compared to previous years, it can be seen that most businesses no longer choose to build a separate website for the mobile version, instead. is a solution to build a new website with technology that automatically adjusts the interface compatible with different platforms such as computers, tablets, mobile … Unlike the mobile version website, building applications on mobile platforms of the business requires a higher level than a normal website. Instead, if consumers want to download, install and use regularly, the application requires to provide a variety of solutions, products and services suitable to many different needs of customers.

The scale of e-commerce retail of consumer goods and services increased from 4 billion USD in 2015 to about 11.5 billion USD in 2019. The report predicts that the growth rate of 2020 will continue to remain above. 30% and reach the scale of 15 billion USD. VECOM’s Vietnam E-commerce Index 2021 also cited Google, Temasek and Bain & Company Southeast Asia’s E-commerce 2020 report, Vietnam e-commerce 2020 increased 16% and reached a scale of over 14 billion. USD. Online shopping continues to grow Of which, online retail sales increased 46%, ride-hailing and tech food increased 34%, marketing, entertainment and online games up 18%, and online travel down 28%. . This report also predicts an average growth rate of 29% in the 2020-2025 period and by 2025, our country’s e-commerce scale will reach 52 billion USD. E-commerce has had impressive numbers despite the impact of the epidemic. According to VECOM data, the output of postal items through express delivery services will increase by 47% by 2020. The leading delivery companies have posted mail growth rates ranging from 30% to 60%. Sales of digital marketing services are about 26 million USD, in 2015 increased to 329 million USD. Report on Vietnam’s digital marketing trends 2021 shows that digital marketing revenue in 2019 is 716 million USD and despite the Covid-19 epidemic, this number in 2020 is still 820 million USD and it is predicted that in 2021 it will be to $ 1 billion. The above report also said that during the Covidi-19 epidemic the online payment field continued to grow strongly. According to the Vietnam Bank Card Association in the first 6 months of 2020, banks have issued up to 10.3 million new cards of all kinds, bringing the total number of cards in Vietnam to 103.4 million. In which, the number of international cards is 15 million and domestic cards are 88.4 million. Sales of spending payments by e-commerce channels in the first six months of 2020 increased 17%. Race supper app To accommodate the new needs of consumers, the concept of super apps or “super apps” refers to the role and advantages of apps that provide a mobile ecosystem. It’s time for business to make changes to add even more value to consumers from its mobile apps and websites. The proportion of businesses with a mobile version website has not changed much compared to previous years, it can be seen that most businesses no longer choose to build a separate website for the mobile version, instead. is a solution to build a new website with technology that automatically adjusts the interface compatible with different platforms such as computers, tablets, mobile … Unlike the mobile version website, building applications on mobile platforms of the business requires a higher level than a normal website. Instead, if consumers want to download, install and use regularly, the application requires to provide a variety of solutions, products and services suitable to many different needs of customers.

In the summer, skin is more susceptible to damage and you are more likely to experience skin problems. Therefore, applying sunscreen properly so that the sunscreen can maximize its effects helps you protect your skin from harmful agents such as UVA, UVB rays in the sun that are harmful to the skin. need to avoid mistakes when applying this sunscreen: 1. The mistake when applying sunscreen is to apply too little sunscreen In fact, women’s awareness of preserving and protecting skin by using sunscreen is higher than before. The concept of sunscreen is also becoming more popular with everyone. However, not everyone knows how to use sunscreen properly without making some mistakes like applying too little sunscreen. When you apply too little sunscreen on your skin, the amount of sunscreen on the skin is not enough to protect the skin. One of the correct sunscreen instructions should be used continuously during daylight, not yet sunlight. Because the light’s nature also exposes your skin to UVA rays, these rays can affect the skin and damage the skin until the end of the day. Applying too little sunscreen will not be enough to protect your skin – Photo Internet So it is necessary to form a habit of repeating when applying sunscreen because if only applying sunscreen once a day is not enough to protect the skin. Every day you need to apply sunscreen at least 2 times a day, if you have time or can apply more, repeat about 3 to 4 times a day. For cases of heavy exercise, sweating a lot, sunscreen will be washed away, it should be repeated every 2 hours. 2. Choose a sunscreen that has the wrong index Choosing the right sunscreen, sunscreen with the right index for sun exposure conditions like skin areas is a mistake when applying sunscreen that people often have. When you have to go outdoors a lot, often go out with intense sun exposure, choosing a sunscreen with an SPF of 50 or higher is essential. When working in an environment that is not exposed to direct sunlight or the weather is not too hot, you can choose sunscreens with a lower SPF number according to the advice of a dermatologist. The SPF number is the sun protection factor, for which the minimum amount of redness allowed allows you to estimate how long your skin is protected by sunscreen. If standing outside for 10 minutes, the appearance of redness on the skin means the minimum redness time of 10 minutes. When using a sunscreen with SPF 30, the time protected by the sunscreen according to the formula 10 × 30 = 300 minutes is equivalent to 5 hours of skin protection. Need to choose a sunscreen with the appropriate SPF if you have to work outside in hot and hot weather for a long time – Photo Internet Therefore, the higher the sun protection factor, the longer it will take to protect the skin. However, there is no sunscreen that can 100% protect your skin. So you still need to shield the area of ​​the skin that is being applied with sunscreen and when the skin is exposed to direct sunlight, it is easy to change the skin effect. 3. Apply sunscreen the wrong way when combined with other products The false reality of applying sunscreen occurs when people don’t get it right and don’t mix sunscreen and other skin care products in the wrong process. Usually, there are many different types of facial care, so there are also many different skin care steps, layers, and makeup. Therefore, applying sunscreen in combination with products such as rose water, lotion, foundation, moisturizer, lotion, … not applied properly will reduce the effect of sunscreen. Sunscreen works against the sun with a physical mechanism, this is a layer of material covering the skin and a chemical mechanism creates chemical interactions that change the absorption and metabolism of radiation rays to the skin. . Depending on your skin type you can choose the right sunscreen for your skin type – Photo Internet Applying sunscreen immediately after using other skin care products will dilute the sunscreen, even altering the physical and chemical properties and reducing the effect that sunscreen gives. The best recommendation for sunscreen is to apply it directly to the skin of the face. If your skin needs moisturizer, you can apply a moisturizer, but you will have to wait for the lotion to absorb into your skin before you start applying sunscreen. So to apply the best sunscreen you need to apply skin care products apart for at least 15 to 20 minutes. Depending on your skin type, you can choose sunscreens that are suitable for your skin type. Sunscreen should be applied 30 minutes before leaving the house for the sunscreen to be effective. Other than facial skin, other skin areas are also affected by the sun. If possible, apply sunscreen to the skin on the hands, feet, and body when going out or working in the sun.

1. Why can the RMB regain the 6.5 mark again?

At present, after the CNY regained the 6.5 mark again, there is a certain degree of suppression at the 60-day moving average on the technical level, that is, short-term or strong shocks below 6.4982. We disassemble the fluctuations of CNY for internal and external reasons. The difference between the closing price of the day and the midpoint of the day is regarded as the part of the day trading, and the difference between the midpoint of the day and the closing price of the previous day is regarded as the external shock. The fluctuation of CNY from the past week In terms of factors, the appreciation of the onshore renminbi is mainly caused by external shocks, and considering that the recent dollar index is highly synchronized with onshore and offshore renminbi exchange rates, we believe that the breaking down of the dollar index is a direct result of the recent renminbi’s regaining the 6.5 mark. drive.

Figure 1: From the perspective of internal and external factors, the fluctuation of CNY is mainly due to the fall of the US dollar index (as of April 21)

Source: iFinD South China Research

In fact, relative to the dollar index and the rise and fall of most non-US currencies, the recent appreciation of the renminbi is actually relatively restrained. Since the U.S. dollar index peaked at 93.2860 on March 31, the U.S. dollar index has fallen back by 1.91%. At the same time, most non-U.S. currencies have appreciated against the U.S. dollar. As of April 21, the onshore RMB exchange rate has appreciated by 1.20. %, the appreciation of non-US currencies such as the euro and the yen against the US dollar was 2.17% and 2.29%, respectively. It can be seen that the recent increase in the renminbi has been relatively small. We believe that there may be two reasons for this: 1. We have observed a slight increase in the degree of tension in Sino-US relations since the beginning of April, which may have restricted the recent appreciation of the renminbi. 2. In addition, since the closing of the foreign exchange purchase window in the first quarter, the recent strong performance of the RMB exchange rate may lead to an increase in short-term foreign exchange purchase demand by importing companies, which in turn suppressed the appreciation of the RMB.

Figure 2: The appreciation and devaluation of major international currencies in April (as of April 21)

Source: iFinD South China Research

1. How to understand the continuous decline of the U.S. dollar index since the beginning of April?

   This wave of decline in the U.S. dollar index began at the end of March and early April. This point in time also corresponds to the recent peak and fall of U.S. Treasury yields, and we believe that the decline in U.S. Treasury yields is the primary reason for the continuous decline of the U.S. dollar index since early April. the reason.

   First, the nominal and real interest rates of U.S. bonds fell simultaneously, and the difference between U.S. and German bond yields fell rapidly. At the beginning of April, the U.S. Treasury yield fell from a high of 1.75% for the second time. As of April 21, the U.S. Treasury yield has fallen below 1.6%. At the same time, the actual yield based on inflation has also begun to fluctuate lower, that is, nominal. Interest rates and real interest rates have both fallen. Although inflation expectations are still fluctuating above the 70% quantile, which is similar to the level at the end of March, both nominal and real interest rates have fluctuated and fell, and the market’s response to inflation expectations is no longer as good. As anxious at the end of March. Observing the fluctuations in the yields of 10-year Treasury bonds in various countries since April, the yields of 10-year U.S. Treasuries have fallen by 15bps since April. In comparison, with the exception of the United Kingdom, major European economies such as France and Germany have fallen for 10 years. U.S. bond yields are still showing a continuing upward trend. The current US-German spread has significantly declined compared with the end of March, and is basically close to the level of early March.

   Figure 3: Since April, the difference between the US and major non-US Treasury bond yields has dropped significantly (as of April 21)

   

   Source: iFinD South China Research

   The decline in U.S. bond interest rates is mainly due to the expected reversal of global capital markets, and has nothing to do with the fundamentals of the U.S. economy. From the retail, CPI, and employment data released by the United States last week, various economic data exceeded expectations, and the tone of the U.S. economy continued to improve temporarily. Therefore, the decline in U.S. bond interest rates is only short-lived. We believe that the decline in U.S. Treasury interest rates is mainly due to the decline in market panic over the reduction of easing policies following the rise of new confirmed cases worldwide. The basic logic behind this lies in the fact that the uncertainty of the global epidemic has increased — the need for easing monetary policies to continue to stimulate the economy still remains — policy reductions and panic decline — demand for U.S. debt allocation is improving — U.S. interest rates have fallen. According to the latest 20-year U.S. Treasury auctions announced by the U.S. Treasury Department on April 21, the demand for U.S. debt allocation has indeed rebounded again since April, leading to a decline in U.S. Treasury yields.

   Table 1: The latest U.S. Treasury auction shows rising demand for U.S. debt allocation

   

   Data source: South China Research of the U.S. Department of the Treasury

   Secondly, in addition to the fall in U.S. bond yields, the improvement of the epidemic in Europe and the acceleration of vaccine progress are also reasons for the decline in the US dollar index. We know that there is a strong correlation between the gap in newly diagnosed cases in the United States and Europe and the US dollar index, and the bottom out of the gap in newly diagnosed cases in the United States and Europe and the recent rebound of the euro against the dollar also started at the end of March. Since the Eurozone implemented the epidemic lockdown measures on March 18, judging from the new confirmed cases, the new cases in Europe have been well controlled. Except for France, the new confirmed cases in Germany, Spain, Italy and other countries have dropped, and recently The distribution of vaccines in Europe has also begun to accelerate, which supported the euro and caused pressure on the dollar index.

   Figure 4: Newly diagnosed cases around the world are on the rise again, and epidemic control in Europe has improved (unit: person)

   

   Source: iFinD South China Research

   Furthermore, short-term dollar liquidity is relatively abundant under the dovish statement of the Federal Reserve. Judging from the dovish statements made by Fed Chairman Powell last week, he mentioned that he will wait until the inflation rate continues to reach 2% and the labor market fully recovers before considering raising interest rates. These two conditions are unlikely to be met by the end of 2022. Powell reiterated to allow inflation to be higher than 2% for a period of time. In addition, Powell did not mention the recent QE reduction roadmap mentioned by Fed officials, but pointed out that the time for the reduction may be much earlier than the interest rate hike. In fact, although this statement only conveys a basic concept, it has greatly eased the market’s expectations of shrinking. This statement made the market believe that the Fed will indeed remain accommodative in the short term, and that the time gap between reducing debt purchases and raising interest rates may be larger than market expectations. The current market expects that the Fed will formally discuss the reduction in July, or at the earliest in May and June, and the actual implementation of the reduction may not be until the end of the year. The U.S. Treasury Department has stated that it will halve the balance of its huge so-called Treasury General Account (TGA) by April and reduce it to 500 billion U.S. dollars by the end of June. Judging from the latest trends in the Fed’s balance sheet, the TGA account Indeed, it has fallen rapidly in the near future, which means that the financial market has injected a lot of liquidity in the short term. Therefore, the short-term U.S. dollar index has undergone a certain correction when the U.S. dollar liquidity is abundant, and the possibility of a large-scale rebound before policy expectations shifts is low.

   Figure 5: Quick release of TGA account balance of the US Department of the Treasury (unit: millions of dollars)

   

   Source: South China Research on the Federal Reserve’s official website

2. How will the RMB exchange rate go in the future?

   From the current point of view, since the US dollar index fell below 91, the downward movement seems to have slowed down, and the renminbi has moved strongly, rising above 6.49 after regaining the 6.5 mark. In the short term, before the U.S. is guided by shrinking expectations or the global capital market is expected to shift, it is expected that the US dollar index will not be able to get out of a large-scale rebound, and the renminbi will also likely follow the US dollar index in the current central two-way fluctuations. However, in the medium and long term, U.S. Treasury yields will continue to rise as the U.S. economy continues to improve. The current corrections in the U.S. dollar index and U.S. Treasury yields are only temporary. Therefore, we need to pay attention to the Fed’s tightening expectations or the medium-term renminbi. Cause a certain depreciation pressure.

   Author: Ma Yan Nanhua Futures Institute

   Investment consulting qualification certificate number Z0012651

   (Editor in charge: Chen Zhuang)

   [Disclaimer]This article only represents the views of the co-contributor, not the position of Hexun.com. Investors operate accordingly at their own risk.

(Picture source: “Aohua Finance Online”)

From the disk observation, the Australian stock market ended its two consecutive days of decline today. From the perspective of sectors, all sectors generally rebounded, getting rid of the impact of the sharp drop in the e-commerce group Redbubble.

ASX200 Today’s chart

Today, the exchange volume of ASX stocks reached 5 billion shares, and the turnover reached 7.2 billion Australian dollars. The price and volume were significantly reduced compared with yesterday. 724 stocks rose, 614 fell, and 415 closed flat.

The Australian dollar fell to 77.00 US cents yesterday and then rebounded, and today it is consolidating around 77.50 US cents. As of press time, the highest is 77.65 cents and the lowest is 77.39 cents.

To a certain extent, the difference between the above two benchmark indexes was caused by the sharp decline of Redbubble. Redbubble is a component of the common stock index, but has not yet been included in the ASX200 index. The company announced today that the CEO hopes to sacrifice profits to stimulate revenue. This move caused investor dissatisfaction, causing the stock to plummet 23% to 4.24 Australian dollars, the lowest closing price since November last year.

company news:

In terms of sector performance, the medical sector led the gains with a 1.7% increase, followed closely by the information technology sector, which rebounded after weakening on Wednesday. Among the 11 major sectors, only two experienced declines. Among them, the energy sector fell by 0.7%, and the utility sector declined slightly.

In terms of individual stocks, Megaport, a network-as-a-service (NaaS) service provider, performed the best today, with its stock soaring 9.7% to A$12.84, a two-month high. The company’s first quarter results show that it is expected to achieve its revenue target for this fiscal year. Royal Bank of Canada (RBC) analysts said that thanks to the support of new customers, including two large media customers, the company is expected to achieve about A$80 million in revenue this fiscal year.

Construction and engineering company Monadelphous was the second-best performing stock today, with its share price rising 5.8% to A$11.93. This was followed by resources company Westgold Resources, whose share price climbed 5.7% to A$2.40, a new high since January.

Mining company Pilbara performed the worst among the ASX200 stocks, dropping 10.8% to 1.15 Australian dollars today. Macquarie analysts said the company’s third-quarter performance indicators were mixed. Spodumene production was 7% higher than market expectations, but shipments were blocked and sales were 9% lower than expected.

Security Group (AMP), which changed its CEO this month, also performed poorly. The stock fell 3.4% today and closed at A$1.12.

After the sudden resignation of CEO Brett Redman, the energy group AGL’s share price fell by nearly 2.9% to A$8.80, a record low since 2004.

The share price of Lynas, a leading rare earth company, fell continuously, and today fell again sharply by 4.2% to A$5.31, the lowest level since February.

Reference: Australian Financial Review

Disclaimer: This article is a financial observation commentary and does not constitute any investment advice. Please ask professionals for trading operations or investment decisions.

(Solemnly declare: ACB News “Australia Finance Online” reserves all copyrights for articles marked as original. Please indicate the source in any form of reprint.)

More information

1 The global stock market underperformed, the Australian market continued to decline, the financial sector led the decline, and Nuix plunged by more than 15%

2 Investors profit-taking, the market erases the three-day gains, raw materials and financial sectors lead the decline, the market is not pessimistic

3 The Australian Index is once again close to historical highs, new highs are in sight, bank stocks are sought after, energy stocks are weak

4 This week, the broader market rose, technology stocks led the gains, and the Australian index hit a new record high after the epidemic is just around the corner

5 The employment data is stronger than expected, the Australian index will rise again, and the raw material sector is trending strongly. The historical high is not far away.

6 The economy is expected to be optimistic, and the market will hit another 7000 points. Technology stocks soared. Many stocks hit record highs.

In today’s morning, the Mao Index rose sharply, with the highest intraday increase of 2.65%, and the morning closing rose by 2.05%. The market value increased by about 380 billion in half a day based on market value! Some funds are heavily involved in the performance of white horse stocks.

Among them, “Yan Mao” Aier Ophthalmology surged over 11.74%, and its net profit in the first quarter increased by more than 5 times; the “big four” liquor also surged, Luzhou Laojiao rose by 2.67%, Kweichow Moutai rose by 2.21%, and Wuliangye rose by 2.12 %, Yanghe shares rose 1.73%.

The sci-tech innovation board “demon stocks” hit the daily limit again in the hot scene of biology, which has risen by more than 300% this month.

In addition, carbon-neutral concept stocks rose in the early trading, with Shouhang Hi-Tech, Chengbang Co., Ltd., and West China Energy trading at their daily limit.

In early trading today, the market as a whole was weak and volatile, and individual stocks diverged around quarterly performance. As of midday, the Shanghai Composite Index rose 0.05% and the Shenzhen Component Index rose 0.75%. The turnover of the two cities was 499.33 billion yuan. 981 stocks rose and 3192 stocks fell. The index rose more than 2% at one time and regained its 3,000-point mark. .

Beijing Capital (Foreign Investment) bought 5.318 billion yuan in the morning

On the disk, the medical industry, solid-state batteries, genetically modified, automotive chips, gallium nitride and other sectors led the gains. Online travel, medical beauty, digital currency, dairy, and blind box economy led the decline.

The national carbon market welcomes heavy news

Carbon neutral concept stocks soar

Carbon neutral concept stocks rose in the early trading, with the daily limit of Shouhang Hi-Tech, Chengbang, and West China Energy, and Changyuan Power, Sinoma Energy Conservation, Yuanda Environmental Protection, China Southern Power, and Taiwan Nuclear Power all hit the high.

According to Xinhua News Agency, last night (April 22), President Xi Jinping delivered a speech entitled “Together to Build a Community of Human and Natural Life” at the “Leaders’ Climate Summit”. It mentioned a series of new measures that China is going to take, including incorporating carbon peaking and carbon neutrality into the overall layout of ecological civilization construction. It is formulating a carbon peaking action plan, carrying out carbon peaking actions extensively and in-depth, and supporting places and places where conditions permit. Key industries and key enterprises are the first to reach their peaks.

At the same time, China will strictly control coal power projects, strictly control the growth of coal consumption during the “14th Five-Year Plan” period, and gradually reduce it during the “15th Five-Year Plan” period. In addition, China has decided to accept the “Montreal Protocol” Kigali Amendment, strengthen the control of non-carbon dioxide greenhouse gases, and will also initiate online trading on the national carbon market. In addition, the national carbon market will issue registration transaction settlement rules as soon as possible, and will formulate implementation plans for peaking carbon in coal, power, steel and other industries.

The rise of Mao Index has increased its market value by about 380 billion!

“Eye Mao” and “Baijiu Mao” soared

The Mao Index rose sharply in the morning today, with the highest intraday increase of 2.65%, and the morning closing rose by 2.05%. The market value increased by about 380 billion in half a day based on market value! Some funds are heavily involved in the performance of white horse stocks.

Among them, the medical Whitehorse has strengthened across the board, and Aier Ophthalmology has expanded to 11.74%. Aier Ophthalmology announced last night that the company achieved operating income of 3.511 billion yuan in the first quarter, an increase of 113.9% year-on-year; net profit was 484 million yuan, an increase of 509.88% year-on-year. The net profit for the whole year of 2020 will be 1.724 billion yuan, a year-on-year increase of 25.01%. It is planned to send 1.5 yuan for 10 to 3 transfers. In addition, Mindray Medical rose 5.97%, WuXi AppTec rose 5.58%, Tongce Medical and Pien Tze Huang also rose.

It is worth noting that the “big four” liquors rose sharply in early trading today. Luzhou Laojiao rose by 2.67%, Kweichow Moutai rose by 2.21%, Wuliangye rose by 2.12%, and Yanghe shares rose by 1.73%. The remaining liquor stocks performed relatively weakly.

The sci-tech innovation board demon stock hot scene biology once again closed the board

This month has risen more than 300%

In terms of individual stocks, the sci-tech innovation board “demon stocks” hit the daily limit again in the market, which has risen by more than 300% this month. As of midday, Hotview Bio was up 19.22%.

In addition, stocks that saw their performance rose sharply, such as O.R.G., rose more than 8% in early trading. Origen announced on the evening of April 22 that the company achieved operating income of 3.072 billion yuan in the first quarter, a year-on-year increase of 64%; net profit was 296 million yuan, a year-on-year increase of 572.51%; basic earnings per share were 0.12 yuan.

Gigabit hit its daily limit in early trading. It was announced last night that it intends to transfer 3.37% of Xiamen Celadon Digital Technology to three companies including Tencent Ventures, totaling more than 300 million yuan.

China Diving shares continued to lower the limit at the opening today, which is a 20% limit for four consecutive days. The stock has fallen by as much as 62% in the past 5 trading days. CICC stated that although the “mid-term adjustments” may continue, considering that the current market has limited room to continue downward, it suggests that some valuations have been adjusted more and the industry’s long-term growth sectors are expected to be deployed in advance. As of midday, China Diving shares fell 5.77%.

Editor: Captain

The maximum UV index in many provinces and cities is very high on April 24. Photo: Thanh Dat – VNA Specifically, the maximum UV index in Hai Phong city was at 8.3; Hue city (Thua Thien – Hue) at 9.4; Danang city at 8.5; Hoi An city (Quang Nam) at 9.4; Ca Mau city (Ca Mau) at 9.4; Nha Trang City (Khanh Hoa) and Ho Chi Minh City at 11-12 hours, the UV index is forecast to reach an alarming level of 9.9 – the highest in the country. In the next 3 days (from April 25-27), the UV index in the northern provinces and cities is forecasted to be at high risk of harm. With provinces and cities in the Central and the South, this index is all popular at a level with a very high risk of harm; Only Hue city (Thua Thien – Hue), Da Nang, Can Tho and Ca Mau (Ca Mau) on April 27 had a high risk of harm. On April 24, the maximum heat index in Hanoi, Ha Long City (Quang Ninh), Da Nang, Quy Nhon City (Binh Dinh), and Ho Chi Minh City was 32-41. special caution. In particular, the maximum heat index in Ha Tinh at 41-54 is dangerous. People are more likely to suffer from heatstroke, heat exhaustion, or even heat shock if exposed to hot sun or prolonged physical activity. The maximum heat index is an index that combines the temperature and relative humidity of the air in the shaded areas to determine the equivalent temperature perceived by humans. According to the National Center for Hydrometeorological Forecasting, the maximum heat index below 27 is safe, from 27-32 is a cautious level; 32-41 levels are of extreme caution, which can cause fatigue if people maintain direct exposure to the hot sun or prolonged physical activity. The maximum heat index in Ha Tinh at 41-54 is dangerous; if it is above 54, it is extremely dangerous.

Photo is for illustration only. (Source: CNBC) Closing the last session of the week, the main indicators are above Wall Street stock market All went up thanks to positive data on economic activity and new home sales in the US, however, the rise of the 23/4 session did not compensate for the decline for the whole week of volatile trading. . In the first session of April 19, the US stock market went down due to profit-taking activities after the Dow Jones and S&P 500 index ended last week at record highs. The decline continued into the next session (April 20) when stock prices fell amid concerns about pricing and the spread of the COVID-19 pandemic that had a strong impact on markets and investor sentiment. private. Coming to session 21/4, the indices regained momentum after two previous declining sessions, with most sectors having an active session, when experts commented that market movements declined in The previous session is the signal for investors to buy. However, at the end of April 22, the indexes all declined significantly, although the number of applications for unemployment benefits for the first time in this country was lower than expected. Markets flooded in red after Bloomberg News and several other firms reported that President Joe Biden intends to propose an increase in capital-gains tax from 20% to 39.6% for individuals with income of more than 1 million USD / year. In the last session of the week 23/4, investor sentiment recovered thanks to a series of positive profit reports from large enterprises and data showing the “healthy” state of the US economy. Closing the session on April 23, the Dow Jones industrial index rose 0.7% to 34,043.49, the S&P 500 composite index advanced 1.1% to 4,180.17, and the Nasdaq Technology Index rose 1. , 4% and closed at 14,016.81 points. However, for the whole week, the Dow Jones decreased by 0.5%, the S&P 500 and Nasdaq decreased by 0.1% and 0.3 compared to the previous week. Regarding the proposed tax increase for the richest class of the US, experts say the plan is in line with Mr. Biden’s campaign commitments, but the rate of tax increase is likely to be narrowed in negotiations in the National Assembly of this country. Chris Weston, head of research at Pepperstone, commented that the 39.6% figure is not surprising, but actual developments show that the current financial market is more “sensitive” to bad news and this is the period. volatile paragraphs. American market strategist David Joy of Ameriprise Financial, also noticed stock prices are recovering after the market reacted unexpectedly to news that the White House would propose a tax increase while President Biden mentioned to this issue while campaigning. Besides, senior market analyst for America at OANDA, Mr. Edward Moya pointed out that factors contributing to the stock market’s rally are positive data about the US economy. According to a report by the US Department of Commerce, new home sales in March (seasonally adjusted to increase) reached 1,021 million units – up 20.7% from the previous month. The IHS Markit Purchasing Managers’ Index (PMI) in the manufacturing sector rose from 59.1 in March to a record 60.5 in April. Meanwhile, the PMI of the service sector also increased from 60.4 points to 63.1. The 50-point threshold defines whether an economy is growing or declining. The IHS Markit PMI is considered a prestigious indicator of “economic health.” In general, the profit of the companies that reported early were all higher than expected. According to IBES Refinitiv, the first quarter profit of enterprises is expected to increase by 33.9% over the same period last year. Ron Temple, head of the US equities division at Lazard Asset Management, said the US economy is expected to see its strongest growth in 50 years, with growth of more than 6% both this year and next year. Federal Reserve (Fed) will allow the economy to accelerate faster than before, further boosting prospects for high growth./.

People wear masks, wear outfits to avoid sunlight when in traffic. (Photo: Thanh Dat / VNA) According to the National Center for Hydrometeorological Forecasting On April 24, the provinces and cities in the North all had the highest UV index of the day, except for Ha Long and Hanoi (yes UV index the highest is average and high at 4.5-7.1). Specifically, the maximum UV index in Hai Phong city was at 8.3; Hue city (Thua Thien-Hue) at 9.4; Da Nang city was at 8.5; Hoi An city (Quang Nam) at 9.4; Ca Mau city (Ca Mau) at 9.4; Nha Trang City (Khanh Hoa) and Ho Chi Minh City at 11-12 hours, the UV index is forecast to reach an alert level of 9.9 – the highest in the country. In the next 3 days (from April 25-27), the UV index in the northern provinces and cities is forecasted to be at a high risk of harm. With provinces and cities in the Central and the South, this index is popular at a level with a very high risk of harm; Only Hue city (Thua Thien-Hue), Da Nang, Can Tho and Ca Mau (Ca Mau) on April 27 had a high risk of harm. On April 24, the maximum heat index in Hanoi, Ha Long City (Quang Ninh), Da Nang, Quy Nhon City (Binh Dinh), and Ho Chi Minh City was 32-41. special caution. In particular, the maximum heat index in Ha Tinh at 41-54 is dangerous. People are likely to suffer Sun stroke , heat exhaustion, may even suffer heat shock if exposed to heat or prolonged physical activity. The maximum heat index is an index that combines the temperature and relative humidity of the air in the shaded areas to determine the equivalent temperature perceived by humans. According to the National Center for Hydrometeorological Forecasting, the maximum heat index below 27 is safe, from 27-32 is a cautious level; 32-41 levels are of extreme caution, which can cause fatigue if people maintain direct exposure to the hot sun or prolonged physical activity. The maximum heat index in Ha Tinh at 41-54 is dangerous; if it is above 54, it is extremely dangerous.

Look for the right sunscreen: During the time of intense heat, the UV index increases, which is very harmful to the skin. Sun exposure in unprotected conditions leaves skin susceptible to sunburn, blistering, and burning pain. According to the EPA , regular exposure to sunlight also causes premature aging. Over time, the skin becomes wrinkled, sagging and dark spots form. You should choose a broad spectrum sunscreen that protects your skin from UVA and UVB rays. In addition, the ideal sunscreen should have SPF above 30, PA with plus signs behind from +++ or higher. Image: @y_dowl. Minimalist beauty: Like your dress, your skin care habits should change with the weather. In the hot season, the skincare routine needs to be more compact and simple. Focus on four essential steps, including cleansing, exfoliating, moisturizing, and sun protection. Do not use too many cosmetics with many skin care steps. This leads to an overloaded facial skin, and at the same time, it is easy to clog pores. Image: @ borabit1004. Always carry moisturizing cosmetics: Hot weather makes facial skin more susceptible to dehydration and redness. If you ever get a sunburn, aloe vera moisturizing gel can help. Aloe vera soothes the skin’s surface quickly, reducing redness and discomfort. In addition, keep in your bag a moisturizing spray, mineral spray to bring a cool, refreshing feeling when needed. Image: @gaeungbebe, Racked. Limit sun exposure: During the period of 10 to 16 hours daily, the UV index was high. You are more likely to get sunstroke or sunburn if you stay outside for too long. Please wear a wide-brimmed hat and sunglasses when traveling in the sun. In addition, avoid unnecessary sunlight exposure. Image: The Fashion Sessions. Drink a lot of water: Water works to enhance the hydration of the skin, thereby contributing to reducing excessive oil secretion, preventing acne. In addition, in hot weather conditions, the body and skin are susceptible to dehydration. Adding more water will limit the negative effects caused by the heat. Image: Self. Use of vitamin C: Vitamin C is a powerful antioxidant that is good for overall health and skin. This nutrient is helpful year round, but is especially important in the summer. Vitamin C helps prevent hyperpigmentation, reduce dark spots caused by acne. It also improves the appearance of wrinkles, promotes collagen production. Image: Life with Style. Don’t forget to exfoliate: Exfoliation is an indispensable step in skin care. During prolonged hot weather, high temperatures cause the skin to produce more oil. Excess oil, dirt, and dead skin accumulate over a long period of time that will clog pores. This is a favorable environment for acne to grow. Image: Dermafix. Use cosmetics that do not contain acne-causing ingredients: To prevent acne, you should choose a makeup product with the phrase “non-comedogenic” on the label. Check with sellers about beauty products for acne skin. They are often designed with formulas that limit the potential for clog pores. Alternatively, you can apply lighter makeup with an oil-free, lightweight foundation. Image: Pinterest, Free Bunni. Why are you prone to acne? Certain daily habits can cause breakouts, affecting your appearance.

Illustration. Recently, human resources for e-commerce and especially high-quality human resources are always a big problem hindering the development of e-commerce in the country. The Vietnam E-commerce Index 2021 report published by the Electronic Commerce Association (VECOM) on the morning of April 20 said that by 2020, the proportion of enterprises with full-time employees in e-commerce decreased significantly with previous years. According to VECOM, partly due to the great impact of the pandemic (Covid-19) and financial pressures, staff cuts and multiple roles were deployed by companies to maintain operations during difficult times. towel. Proportion of enterprises with full-time employees in e-commerce over the years. Specifically, in terms of enterprise size, the group of small and medium enterprises (SMEs) has only half the proportion of employees dedicated to e-commerce as compared to large enterprises. Arts – entertainment – entertainment and information – communication are the two fields with the highest percentage of employees specializing in e-commerce, accounting for 45% and 42% of the total number of participating enterprises, respectively. close in the same business field. Followed by the fields of finance – banking – insurance (38%) and professional activities – science – technology (31%). According to VECOM, in the past 3 years, the trend of enterprises having difficulty in recruiting skilled workers in e-commerce and information technology has increased. Therefore, promoting the training of human resources for this sector both in the formal and informal form are major issues that need to be addressed in the coming period. Employees in charge of e-commerce are classified by business fields The skills of website administration and e-commerce trading floors are still the skills that businesses are most interested in in recent years, 46% of businesses say they have difficulty in recruiting skilled workers. . START “SUPER APP RACING” Also according to the Vietnam E-commerce Index 2021, the proportion of enterprises with a mobile version website has not changed much compared to the previous years, it can be seen that most businesses no longer choose to build. build a separate website for the mobile version, instead it is a solution to build a new website with technology that automatically adjusts the interface to be compatible with different platforms such as computers, tablets, mobile phones … . Unlike the mobile version website, building applications on mobile platforms of the business requires a higher level than a normal website, instead want consumers to download and install and use regularly. The application requires to provide a variety of solutions, products and services suitable to many different needs of customers. Percentage of businesses developing sales applications on mobile platforms over the years. Notably, the year 2020 also appears the concept of super app, also means “super app”, referring to the role and advantages of apps providing an ecosystem for mobile consumers. According to a survey by VECOM, the proportion of enterprises with a sales application on mobile devices in 2020 will increase slightly compared to the previous year. The report also said that Android has always been the top platform for businesses to prioritize when building sales applications on mobile devices. In 2020, 75% of enterprises said that they would prioritize building applications on Android platforms (an increase of 5% compared to 2019), followed by iOS (48%) and Windows (37%). Most enterprises said that the average time spent by customers when accessing e-commerce website mobile version / sales application is very low. “It is time for businesses to change to further enhance consumer value from their mobile apps and websites,” the VECOM report emphasized.

Closing the session on Thursday, the Dow Jones dropped by 321.41 points (1%) to 33,815.90 points. This index sometimes bottomed out when it dropped to 420 points. The S&P 500 index lost its momentum at the beginning of the session and lost 0.9% at the close to 4,134.98 points. The Nasdaq Composite also fell 0.9 percent, to 13,818.41 points. The Dow Jones decreased to 321.41 points (1%) to 33,815.90 points at the close of the session on April 22. Photo: AP Bloomberg News on April 22 reported that President Biden is planning to raise surplus tax to increase capital to 43.4% for wealthy Americans. The proposal would raise the capital gains tax rate to 39.6 percent for those earning $ 1 million or more, up from the current 20 percent, according to Bloomberg News. Then, Reuters news agency and The New York Times also reported on this issue. Jack Ablin, founding partner and chief executive officer of Cresset Capital Management, commented: “Mr. Biden’s proposal doubled the capital surplus tax rate for those earning $ 1 million. That is quite a cost increase for long term investors. According to Ablin, a wave of sell-off on Wall Street is expected to appear this year if investors feel this proposal has a chance to become law next year. The bulls led the decline in Thursday’s trading. Shares of Tesla and Amazon lost 3.3% and 1.6%, respectively. Before the news of the proposed tax increase, the major indexes fluctuated slightly as investors waited for the series of business results reports that major technology companies are expected to release next week. “Market cash flow is currently focused on a few growth stocks”, Mr. Mark Yusko – CEO and Chief Investment Officer of Morgan Creek Capital Management said. “Because investors are afraid of a shock increase in the securities interest tax, investors can sell off to take profits and push the market into an adjustment zone”. Shares of Southwest Airlines also turned down 1.6% at the end of the session, although the airline announced that the number of bookings for travel continues to increase and is expected to break even or make a profit next June. Shares Dow Inc. down 6% even after the chemical company surpassed expected revenue and profit in the first quarter of 2021. However, as of the beginning of this year, the stock Dow Inc. is still up nearly 10%. Most companies are currently recording results exceeding Wall Street’s expectations this earnings season, but the first quarter’s strong results did not help the market soar after repeatedly setting record levels. in recent weeks. Regarding economic data, the US Department of Labor on April 22 said that the number of people applying for unemployment benefits for the first time was 547,000 people last week, lower than the forecast of 603,000 by Dow Jones. Also on April 22, the Republican Party made a plan to oppose the US President Joe Biden’s $ 2,000 billion infrastructure investment package. Senators have proposed a $ 568 billion package that includes funding for bridges, airports and water systems. This proposal does not include tax increases. However, concerns about the capital gain tax increase could be overblown as Democrats hold a narrow majority in both the Senate and the House of Representatives, which may make it difficult to pass any proposals. Be positive ./.

Ho Chi Minh City People’s Committee Chairman Nguyen Thanh Phong speaking at the meeting. Photo: CAO THANG Speaking at the meeting, Ho Chi Minh City People’s Committee Chairman Nguyen Thanh Phong emphasized, HIDS must act as the center, conductor in research programs, as a place to attract and connect knowledge resources. creating a research ecosystem in HCMC as well as the economic region of HCMC. The mission of the institute is to research topics that serve immediate political tasks on socio-economic development of Ho Chi Minh City; studying strategic topics of Ho Chi Minh City. In the first task, improving the investment environment and building urban government, it is necessary to ask what we have been doing. “Recently, reading comments on a number of newspapers, they said why Ho Chi Minh City and Hanoi are still struggling at the Provincial Competitiveness Index (PCI). Why does Quang Ninh hold the champion position for 4 consecutive years. For the efficiency index of governance and public administration (PAPI), HCMC also dropped, from 31/63 (2019) to 46/63 (2020). After only one year, Ho Chi Minh City decreased 15 places, in the group of 15 provinces with low average PAPI. Meanwhile, report to me, every unit is excellent. Excellent, why drop in rank? It is necessary to have an assessment of the performance of the tasks at the units more accurately, otherwise it will lead to subjectivity ”, comrade Nguyen Thanh Phong pondered. In addition to the 3 Ho Chi Minh City’s breakthrough programs on management innovation, human resources and infrastructure, the President of the People’s Committee of Ho Chi Minh City asked HIDS and departments to focus on implementing key programs for business development, creative start-ups. and key product development. Ho Chi Minh City will realize its goal of becoming the financial center of the region. In the near future, the City Development Advisory Council will be formed, including experts in the fields of economy, culture, planning, urban … Regarding the mission of HIDS in 2021, comrade Nguyen Thanh Phong requested: “It is necessary to clearly define the basic contents, what are the central objectives of the professional activities, how many jobs to do, who can assignment of responsibility, how long to complete. The final product is a measure of the value of labor for each individual and department at the end of the year. Not delivering specific products, how to assess the completion of the job. All things need to be concretized ”. In order to enhance its position and role, HIDS urgently develops and completes a project to develop an institute, a scientific research program in the period of 2021-2025 to have a fully functional implementation of its tasks. development to create research dynamics, ready to invite foreign experts to interact in order to raise the level of research methods. “In its structure, the institute has one member. Ho Chi Minh City People’s Committee also agrees to invest in infrastructure, so the ball is in the hands of the institute, so it cannot be said that Ho Chi Minh City does not invest, the collective needs to make more effort to build a worthy Ho Chi Minh City Research and Development Institute. and contribute to many valuable topics for Ho Chi Minh City ”, Ho Chi Minh City People’s Committee Chairman Nguyen Thanh Phong concluded.

Enough sun protection technology At the UV100 store (Nguyen Dinh Chieu, District 3, Ho Chi Minh City), a pair of gloves costs more than 500,000 VND, many times higher than a pair of normal gloves which only costs about 20,000-30,000 VND. According to the salesman’s recommendation, this glove is both 99% UV resistant and antibacterial; able to dissipate heat, cool quickly due to the breathable fabric … Other products with anti-UV effects also have a sky-high price. Coat over 1 million VND, UV400 glasses over 600,000 VND / piece, mask over 100,000 VND / item … These products are tested for quality and UV protection by an accrediting agency of … Australia. Sunscreen shirt priced at 140,000 VND is introduced by a shop with enough technology with 99% sun protection. At 365 wholesale garment factory Vo Thanh Trang (Tan Binh district, Ho Chi Minh City), we were introduced to many multi-purpose instant sunscreen models including hats, masks, shirts, skirts and the selling price of only 125,000 VND / product. Products. The seller said that the product is made from Japan’s UPF 40 UV Cut anti-UV technology, which protects the skin from 95% of UV rays without applying sunscreen. On the products of the shirt there is no information of the manufacturer other than the words “VNXK” – exported Vietnamese goods. Also at another website specializing in selling mother and baby, many sunscreen products are being sold and introduced themselves according to the latest Japanese AIRISM technology. The selling price is only 140,000 VND / product. Some Japanese fashion brands such as Uniqlo are famous for using UV-resistant fabrics for their sun protection jackets and their product prices in this fashion chain are not less than 1 million VND. However, these products are also being copied and sold at many points and individuals for only 200,000-300,000 VND / product. The common point of selling ambiguous quality is that often the reason fabrics with UV protection cannot distinguish the quality of fabrics with the naked eye. Accompanied by a series of … international certificates. Anti-UV, no need for specialized products According to Assoc.Prof. Dr. Nguyen Manh Tuan – Deputy Director of the Institute of Applied Materials Science, there are many forms of radiation around us, high-energy radiation is electromagnetic, low-energy radiation is infrared. UV rays are classified as high energy radiation, capable of penetrating deep through clothing and causing damage to the skin. There are three types of UV rays: UVC (short wave light), UVB (strong impact on the skin’s surface, causing redness, sunburn and skin cancer risk), UVA (with the longest wavelength, penetrating depth). under the skin, causing skin aging and wrinkling). UPF index is an index evaluating the level of protection of a fabric material from UVA, UVB rays. The higher the UPF index, the lower the amount of UV light penetrating the fabric. An effective sunscreen should be made from fabric with a UPF rating of 15 to 50+, which is about UPF for the best skin protection. Normally, synthetic fibers such as polyester or nylon will be more resistant to UV rays than cotton. Depending on the fabric material that can block UV rays, at different levels. If the fabric is resistant to UVA and UVB rays, the manufacturer must add anti-UV chemicals (this chemical is also known as UV). But whether the chemical is good or not, the ability to resist UV rays, the index of any number must be tested and certified by the Vietnam Textile Institute. “Cheap products on the street, because there are no measuring tools to check, so I do not know for sure what materials they use, whether they are dyed with anti-UV chemicals or not, how much UV protection is. If they use materials that are not good enough, do not dye UV chemicals but increase the product thickness, they can also block UV rays, just the level of resistance can not be maximized as advertised “, Assoc.Prof.Dr. Nguyen Manh Tuan said. Dr. Huynh Khanh Duy – Chemical Engineering Department, Ho Chi Minh City University of Technology said that no matter what material a product is made of, as long as UV rays cannot be penetrated, it is able to protect against the sun. Therefore, whether it is synthetic fiber fabric, cotton fabric, denim fabric, khaki … just thick enough is enough to effectively protect against the sun but the price is quite cheap. But in return, these products can not bring the desired coolness in the hot sun. “With products dyed with anti-UV chemicals, depending on the type of chemical used well or not, the dye will pass through the washing times. Many products on the market today do not announce how much UV protection, so UV resistance is also in the form of … bad luck. If you don’t have money to buy an expensive UV protection product, just take any shirt, put it in the sun, if the sunlight cannot penetrate the fabric hole, the product is highly UV resistant and vice versa. again “, Dr. Huynh Khanh Duy confirmed. According to MSc.Vu Thi Phuong Thao – Deputy Head of General Planning Department, Ho Chi Minh City Dermatology Hospital – some sunscreens can protect against UV rays but with a certain ability and still cannot replace cream Sunscreen. Although using coats, masks, gloves, glasses … consumers still have to coordinate with sunscreen to fully protect the skin when going out in the sun. The SPF number on a sunscreen product demonstrates the ability to protect the skin against UVB rays, the sunscreen used must be a broad spectrum, water-resistant and have an SPF of 30 or higher. If you must be active outdoors and sweat a lot, repeat the cream every 2 hours. (According to Women HCMC)

On March 26, the maximum UV index in the provinces and cities from the Central to the South reached a very high level of harm. Artwork: Thanh Vu / TTXVN Forecast, at 12 o’clock on March 26, Hue city (Thua Thien – Hue) has UV index of 9.6, Da Nang city has index of 9.9, Hoi An city (Quang Nam) has index. 9.7, Nha Trang City (Khanh Hoa) has 9.1, Ho Chi Minh City and Can Tho City both have 8.0, and Ca Mau City (Ca Mau) has 9.8. From March 27-29, the cities of Ha Long (Quang Ninh), Hai Phong and Hanoi have mainly UV indexes reaching the threshold of high risk of harm (July 6), while cities in the In the Central Central region to the South, the UV index reached the threshold of very high harm risk (9-11). On the scale of the UV index, 3-5 is average, 6-7 is high, 8-10 is very high, above 10.5 is exceptionally high, very dangerous. UV rays can penetrate clouds and windows, if the skin is exposed to direct sunlight for 25 minutes when the UV index is at a very high threshold, it will cause burns. UV rays are essentially thermal radiation that is harmful to the human body. UV rays are most affected by direct contact with the skin and eye surfaces, causing serious long-term problems. In the eyes, regular exposure to UV rays can lead to corneal inflammation, red eye pain, cataracts, and retinal damage. Skin, if constantly exposed to the sun without protection, UV rays will attack the dermis, making the skin darker (the phenomenon of tanning). In addition, intense sunlight causes the skin to rapidly age, create wrinkles, damage and even lead to skin cancer. When walking on the street, people can use anti-UV glasses to protect their eyes, avoiding the harmful effects of UV rays to important parts of the eye such as the cornea, lens and retina. The World Health Organization (WHO) assesses UV rays appear at all times of the day and operate independently whether it’s rainy or sunny or shady. The most intense time of UV rays is from 10 hours to 14 hours a day. During this time, people should minimize outdoor travel and when necessary measures to prevent UV rays are required. To prevent UV damage, health experts recommend that people wear eye protection sunglasses, choose lenses that are sun-resistant, UV absorption from 99-100% will protect Best for the eyes and surrounding skin. Along with that, people should supplement with fresh fruit rich in vitamin C, which helps to limit the harmful effects from ultraviolet rays; Use sunscreen regularly every time you go out, even when it’s cloudy.

The thing to do in digital transformation is to formulate quantitative indicators to convert to “digital thinking” … Only then, new decisions will be highly effective and there is no room for friendship to dominate. Building a digital nation and developing a digital economy is placed as a focus in Document of the 13th Party Congress to motivate Vietnam to become a high-income developed country. This issue was also heatedly discussed in the first few days of the Congress. This is a very right development path choice in the current political, economic and social situation in the world and in the region. From the development experience of several decades, the world has realized that only high quality human resources associated with high technology can create high performance for development to rise ahead of the future. Only high quality human resources associated with high technology can create high efficiency The question “what will be after industry?” has been in place since the industrialization process created a group of 7 developed industrialized countries. About five or seven years ago, public opinion was noisy about the term 4.0 technology according to the German calling given on the World Economic Forum. After a while, people discussed the content of “generation 4.0” including “artificial intelligence” (AI) and “Internet of things connecting things” (IoT). In recent years, development has turned to digital economy, digital technology, digital nation … Three books and 3 heads of state The first person to talk about technology as the driving force behind human development was Alvin Toffler, an American sociologist. He spent 30 years (1960 – 1990) researching, generalizing, drawing rules and forecasting development with three world-famous books: Future Shock (1970), Third Wave (1980). ) and power ups and downs (1990). The content of all 3 books is just to point out that: Humans started with the era of agriculture; mechanical technology made machines replace manual labor to create the industrial era; Next, information technology has created machines to replace human intellectual labor to create the information age. The information age is the third wave after agriculture, then industry, making human beings have to make fundamental changes like a great shock in the future to develop. For each of these epochs there is a different form of power: Force is the form of power in the agricultural and financial era in the industrial age and intelligence in the information age. These three books have attracted great attention to the heads of many countries, especially Zhao Ziyang (then Prime Minister of China), Lee Kuan Yew (Prime Minister of Singapore) and Kim Dae Jung (President of Korea). ). These three heads of state invited Alvin Toffler for private talks. All three countries have now become newly industrialized countries, are in the top group of the world in terms of digital nation construction and digital economic development from being an outdated agricultural country in the 1960s. I have 8 years of collaborative scientific research in Poland (1980 – 1988), so I have access to 3 books by Alvin Toffler quite early. Since then, after returning home, I have decided to carry out “digital reform” in the field of geographic information production in our country. Completion of digital technology transformation since 2000 In 1989, I introduced satellite positioning (GPS) technology to ground measurement after US President Bill Clinton issued a decision to allow the use of GPS for military purposes only. . At that time, our country was still being embargoed, having difficulty in accessing technology on all sides. Today, GPS is so universal that it’s attached to every smart device to locate every activity. From the success in the reform of geolocation technology, to the year 2000 I completed the conversion of all terrestrial imaging equipment from airplanes, satellites; ground measuring equipment; digital data processing equipment. By 2010, all geographic data of Vietnam have been established in the form of digital information. I have been conferred the title of Labor Hero by the State President in the Doi Moi period for this achievement. A few weeks ago, a friend working at the Department of Geodesy, Maps and Geographic Information told me that his superiors had come down to the Department to work on digital transformation. The director replied that the digital transformation here has been completed since 2000. The work ends soon. Listen to stories, I am also happy From qualitative to quantitative Looking back at the experience of digital development in the world and ourselves, it can be seen that artificial intelligence is playing the role of a machine replacing human intellectual labor, making an important breakthrough for development. Associated with artificial intelligence, all information must be in digital form. Human intelligence is biased towards qualitative thinking, often dominated by love or hate, which loses its honesty and objectivity. All judgments and judgments often lack scientific quantitative basis, many cases lead to wrong decisions. On the other hand, artificial intelligence thinks quantitatively, every decision made is sufficiently valid after analyzing the data. Wrong decisions can only happen when the data is wrong. Currently, the world has launched a huge system of indicators to evaluate every process, every industry, every activity, every country. Every year, the World Bank publishes a document called “World Index” with millions of indexes to evaluate thousands of fields of hundreds of countries. Such indicators are a valid basis for each country to evaluate themselves at what level in each field, and then make appropriate adjustment decisions. This is the essence of “digital thinking”. Human thinking must also change from qualitative to quantitative. That is the digital transformation of thinking. Our country currently lacks the system of indicators necessary to evaluate and decide. Everything is still in a state of qualitative thinking. The thing to do in digital transformation is to form quantitative indicators to convert thinking into “digital thinking” as a habit in development until it becomes “digital culture”. Only then can decisions be highly effective and there is no room for friendship to dominate.

Many macro factors will support the market’s growth trend in the whole year 2021. Photo: Duy Dung. The probability of VN-Index falling is not high According to BVSC’s report, compared with the movements of the VN-Index in the past, the current P / E of the VN-Index is already higher than the 5-year average. However, according to BVSC’s observation, at the current P / E, the probability of a market decline is not high. In addition, with the recovery of the economy, according to BVSC’s forecasts, profits of listed businesses will grow by 27.3% by 2021 (compared to 2020). With the profit growth of listed companies, the P / E of the VN-Index is likely to drop to 15 times – lower than the 5-year moving average (16.41 times) of the VN- Index; therefore, the 2021 P / E level of the market is still attractive. BVSC’s experts believe that the Vietnamese market is attractive compared to other markets in the region, but it is very important to the ability to attract foreign capital, connect with the flow of investment capital in the world. equals the valuation of Vietnamese stocks in terms of general ground. Up to now, the market liquidity and the ETFs participating in the market have also contributed to help the Vietnamese market’s valuation ground closer to other markets in the world. As of April 9, 2021, compared to the sample of 12 markets observed by BVSC, including countries in frontier, emerging and developed markets, the P / E of the VN-Index is currently at 19.11 times. – 4th low out of 13 markets followed and just above P / E of Shanghai Index (17.61 times) of China, Hang Seng (14.86 times) of Hong Kong and KOSPI (12.99 times) of Korea. These are also 3 markets with a sharp decrease of more than 10%, in February and March. Meanwhile, “the rate of return on equity of the companies listed on the HSX stock exchange is at the highest level among the markets we monitor. This shows that, in general, with high return on equity, stocks in the VN-Index basket are being traded at very attractive price ranges when compared with other markets. other securities in the region and internationally ”- said BVSC’s expert. The market still maintained an uptrend throughout the year According to experts from BVSC, despite facing an interest rate hike in 2022, the stock market can normally recover and then rebound after early monetary tightening. first. The reason for this is that central banks in many countries often practice monetary tightening since the economy is still in the growth phase, when businesses still have positive business results and do. reduce the impact of increasing operating rates. Therefore, BVSC believes that the world stock market is not too concerned when central banks of countries implement interest rate hikes or monetary tightening for the first time. In the past, markets often reversed and fell into a downward phase at the third rate hike by central banks. For Vietnam, according to BVSC’s experts, with the context that GDP growth is accelerating again and can grow impressively in the second quarter; Other macro indicators are operating stably, supporting business activities; listed companies will have good growth in 2021, especially many industries with high growth in the first quarter such as banking, steel …; and beyond, foreign capital will continue to flow into Vietnam market thanks to its ability to be upgraded and the attractiveness of a dynamic and rapidly growing economy. “These are factors supporting the market’s growth trend in 2021” – stressed BVSC expert. However, BVSC also notes some potential short-term risks. Accordingly, when the positive information has been reflected in the price, the new cash flows into the market cannot keep up with the price increase, the cash flow is withdrawn from major shareholders – or companies that sell stocks. Fund … Besides, when the opportunities to gain from pure stocks derive from cash flow factors, lack of support in the core positive change of the business, will create potential risks. on the ability of the market to correct in the short term./.

1. Read the label before you buy: First, you need to consider the SPF factor of your favorite sunscreen. According to the FDA , products with a high SPF make people misunderstand that they completely protect the skin from sunburn and long-term damage. This false feeling makes people confidently that more direct sun exposure leads to aging and skin pigmentation cancer. Image: Style. 2. Check the SPF: “Sunscreen’s SPF 30 will block 97% of the harmful rays from the sun,” said dermatologist Seth Forman from the Institute of Dermatology and Skin Cancer. At the same time, you must pay attention to the PA rating – the more marks + the higher the skin protection. Try to buy a sunscreen that has at least PA +++ protection. Because both SPF and PA work in parallel to protect the skin, preventing sunburn as well as damage from penetrating deeply inside the body. Image: parade. 3. Water resistance: “Water-resistant sunscreens are great for hot days or when playing sports,” says Dr. Forman. “However, these products are sticky and need to be reapplied every 2 hours.” Besides, the sunscreen only remains effective under water for 40-80 minutes. Therefore, you must reapply regularly for best results. Image: freepik. 4. Avoid allergens: Our skin becomes more sensitive each summer comes. Choose products that have no preservatives, strong scents, and the ingredients PABA or oxybenzone. People with allergies and reddened skin conditions should avoid alcohol-based formulations. On the other hand, if your skin has acne, you need to limit greasy, long-lasting creams. Instead, it’s a gel formula, which quickly penetrates the skin. Image: Forbes. 5. Broad spectrum search: SPF is important, but make sure your sunscreen says “Broad Spectrum” to protect against both UVA and UVB rays. UVA rays penetrate the skin deeper causing wrinkles and brown spots. On the other hand, UVB rays cause skin redness, burning and damage to the outer layers, even skin cancer. Image: leisure pro. 6. Consider skin type: Many sunscreens are tailored to each skin type. People with dry skin should look for glycerin, lanolin, oils and silicone-based ingredients. Avoid alcohol-based sprays or gels. Oily skin should look for gentle options like gels with a silica or isododecane component. People with sensitive skin need to invest in a hypoallergenic and fragrance-free sunscreen with a choice of minerals with titanium dioxide or zinc oxide. Image: scmp. 9 easy to forget places when applying sunscreen Some small areas of skin such as the ears, between the fingers … are often not paid attention by people when applying sunscreen.

As of midday’s close, the Shanghai Stock Exchange Index reported 3,14.74 points, up 0.46%; the ChiNext Index reported 13,672.76 points, down 0.05%; the ChiNext Index reported 2,770.81 points, down 0.71%.

On the disk, the sector is generally popular, with liquor, digital currency, coal, second-child concepts, and automobiles leading the list of gains; a few sectors such as semiconductors, sub-new stocks, non-ferrous cobalt, and military industries performed weakly.

[News side]

1. National Bureau of Statistics: In the first quarter, my country’s GDP was 24,931 billion yuan, a year-on-year increase of 18.3% at comparable prices, an increase of 0.6% from the fourth quarter of 2020, an increase of 10.3% from the first quarter of 2019, and an average increase in two years. 5.0%.

2. Civil Aviation Administration of China: China’s air passenger traffic in the first quarter increased by 38% to 102 million passengers, China’s air cargo volume in the first quarter increased by 29% to 1.78 million tons, and the civil aviation cargo volume in March increased by 35% to 655,000 tons.

3. National Bureau of Statistics: The price of pork has been declining year-on-year for several consecutive months. At present, thanks to various measures to maintain supply and stabilize prices, the production capacity of live pigs has been significantly restored. The live pig stock increased by 29.5% year-on-year at the end of the first quarter. The live pig stock has increased sequentially for six consecutive quarters, and the production capacity of live pigs has recovered relatively quickly. From this perspective, there is a basis for the continued decline in pork prices.

【Institution Hot Discussion】

Soochow Securities pointed out that the overall index is still slowly adjusting the rhythm amidst turbulence. The sharp drop in the previous two months may be difficult to occur, but it is indeed not easy to expect the index to have a big chance. However, in this kind of high shock, the activity of individual stocks is not bad. Tickets from large institutions such as nonferrous metals, coal, and steel, as well as tickets for new and high transfers of hot money, have good short-term opportunities. Set stop losses and lighten Warehouse participation is still feasible.

Bairuiying believes that in the short term, the previous view will be maintained, the market is still in the process of bottoming, and energy, confidence and patience will be repeatedly consumed. But there is no need to be impatient. How complicated it is to go here, the strength of the mid-term rebound will be. For now, before the index does not test the clear support of the double bottom of the 3350 line, try to reduce the operation as much as possible and keep the chips within the half position.

A-share market sector and individual stocks ranking

External market

As of press time

VIC supported the market again, the VN-Index only lost more than 8 points although the red color covered three-quarters of stocks on the HoSE

VN-Index on April 16 was like going on a roller coaster when sometimes “hitting a hammock” decreased by 20 points compared to the beginning of the session. However, this index then quickly recovered, ending at 1,238.71 points, down 8.54 points, or 0.68%.

Although it only dropped by more than 8 points, if looking at the general picture on HoSE, the situation is much more tragic. There were 355 losers on the floor, equivalent to 3/4 of the stocks on the floor. The number of advancers was only 81, while the number of unchanged stocks was 36.

This session, VIC supported the market again, similar to many sessions in the past. VIC’s biggest “ally” during the session was also a real estate stock: NVL.

In fact, NVL is the most impressive stock in the market recently when it recorded 12 consecutive gaining sessions, dragging the stock price up from 79,500 VND / share to 108,000 VND / share, or up to 36. %. Particularly in the session of April 16, the market price of this stock increased by 5.37%.

Not only VIC and NVL, BCM also impressed with a ceiling gain. Meanwhile, PDR surged 5.03%. These are the 4 stocks that have the most positive influence on the index, as well as 4 real estate stocks. In addition, FLC and ROS also participated in the top 10 stocks that positively affected the index.

The remaining real estate stocks are generally less positive.

For the banking group, the overall situation was tragic. Except for SSB, EIB and LPB, the remaining stocks all fell quite sharply, most of them lost about 1-3% in value.

Securities group was even more miserable when the red color covered. SSI down 2.44%, VCI down 1.83%, HCM down 3.03%, AGR down 3.69%, TVS down 2.97% …

For manufacturing groups, the green color was light in HPG and MSN with a slight increase, respectively 0.18% and 0.1%, the rest fell mostly, of which VNM plunged 2.22%, SAB fell. 1.51% while GVR decreased to 4.32%.

The situation is also not so good for aerospace and energy stocks. VJC and HVN decreased by 2.05% and 1.9% respectively. GAS stood still at reference price, POW decreased by 1.49% while PLX increased 2.94%.

The matched liquidity on the HoSE was at a very high level, up to over 20,000 billion VND.

On the morning of April 15, the Vietnam Chamber of Commerce and Industry (VCCI) coordinated with stakeholders to publish the Provincial Competitiveness Index (PCI). This is the 16th time this indicator has been published.

VCCI President Vu Tien Loc recalled: “At that time, PCI was a strange story. Many people oppose the PCI, there are localities that do not accept the PCI results. But, PCI is not alone. The government has cheered and supported the PCI. Locals found in the PCI useful lessons. The media joined hands to spread the PCI’s reform messages. And business community (DN) stick with PCI ”.

PCI over the past 16 years has contributed to a change in thinking, bringing about a positive change in the government’s attitude towards the private sector. The role of the Business Associations is emphasized to join hands in reforming, promoting dialogue, public-private cooperation and monitoring the implementation of policies of the government at all levels.

PCI 2020 announcement ceremony in Hanoi recognized Quang Ninh for the 4th consecutive time at the top. Photo: Chan LUAN

“More importantly, the PCI is a measure of the government’s action. PCI promotes substantial activities to improve the quality of operations and create a favorable business environment based on the evidence from the PCI results, ”said Mr. Loc.

With the year 2020, the raging COVID-19, the whole country has difficulty, but there are still nearly 12,300 enterprises participating in the PCI survey.

“Congratulations Quang Ninh, this year, once again, has surpassed itself and firmly established the“ champion ”position in the PCI rankings for 4 consecutive years. Quang Ninh is also the only province among 63 provinces and cities to pass the 75-point mark in the PCI results since 2010, ”said Mr. Loc.

He also did not forget to congratulate the “top 10” provinces such as Dong Thap, Long An, Binh Duong, Da Nang, Vinh Long, Hai Phong, Ben Tre, Hanoi and Bac Ninh.

According to the PCI 2020 results, Ho Chi Minh City is not among the 10 provinces with the highest index, but ranked 14th. This is also the position of Ho Chi Minh City in the PCI 2019, lower than the years 2018 and 2017.

The results of the PCI can be seen that in the past 5 years, enterprises have assessed the government more positively, the unofficial costs have been reduced, businesses also put greater confidence in the legal institutions and the situation. security and order in the localities. Discrimination among economic sectors, which caused pain many years ago, has decreased significantly and the business environment has become much more equal than before.

PCI 2020 Rankings

“In addition to areas with much progress, reform activities should be paid more attention in some troublesome areas such as land, tax and social insurance … Enterprises also expect governments at all levels to increase. more transparency and accountability, ”said Mr. Loc.

According to the PCI, 25% of enterprises said that the locality favored SOEs, causing difficulties for private enterprises; 33% of enterprises think that the government still favors FDI enterprises. Still 40% of businesses are not ready to use the court to settle economic disputes.

Nearly 45% of enterprises said they had to pay informal fees; 54% of enterprises think that the phenomenon of corruption still exists, 20% of enterprises evaluate that state officials are ineffective and unfriendly in handling their work and also up to 3% of enterprises report that each year they are still denied check more than 5 times.

Mr. Loc said, the XIII Congress of the Party has determined “to create a favorable, healthy and fair business investment environment for all economic sectors to promote innovation”, so in 5-10 Next year, the development and implementation of institutions will be one of the key priorities in promoting breakthroughs.

“And the enterprise community has a responsibility to contribute to promoting these institutional breakthroughs”, Mr. Loc said.

16 years on a tireless journey

150,000 times, businesses have deposited their beliefs and recommendations in the surveys of the PCI. PCI is proud to have become a responsible voice of the business community.

In the series of Resolutions No. 19 and Resolution No. 02, the Government has asked localities to make efforts to improve the PCI.

Resolution of the Party Congress of most provinces and cities has stated the requirements for improving the PCI index in the next 5-year term. PCI is proud to contribute to the reform process in localities in Vietnam.

The scene of the Vietnam Provincial Governance and Public Administration Performance Index (PAPI) in 2020. Photo: Hien Chi

2 content indexes change positively

Ms. Caitlin Wiesen, UNDP Resident Representative in Viet Nam said: “The study of PAPI 2020 report is the performance of the local government in two terms (2011-2016 and 2016-2021), properly published. at a time when the Government begins a new term. This helps to provide in-depth data on people’s experiences in interacting with the government apparatus at all levels in 63 provinces and cities. Not only that, PAPI is also an important measure for provinces and cities to review and further improve their performance in eight areas of governance and public administration ”.

According to the published results, 2 content indexes changed positively, including: “Control of corruption in the public sector”, “public administrative procedures”. Specifically, in the content index of “controlling corruption in the public sector”, 18 provinces and cities have made significant progress compared to the results in 2019 (6 provinces and cities significantly decreased compared to 2019). .

Out of 16 provinces and cities with the highest score, there are 7 provinces in the South, 5 provinces in the Central and 4 provinces in the North. The remarkable point is that the people’s perceptions of some manifestations of corruption tend to be good when many people think that it is not “paved the way” to apply to work in state agencies. “The content sector index score for” controlling corruption in the public sector “in 2020 reached its highest level in 10 years. This result partly reflects the impact of the anti-corruption campaign in Vietnam from 2016 to present ”, said Dr. Dang Hoang Giang (PAPI Research Group).

As for the content index “public administrative procedures”, among the 16 leading provinces and cities, there are 9 localities in the North. Most localities improve communal administrative services compared to previous years. In addition, the scores of the 3 content indicators: “People’s participation at the grassroots level”, “public service provision”, and “environmental governance” decreased slightly compared to the results in 2019. Meanwhile , 2 content indicators tended to slow down, including: “Openness, transparency”, “accountability to the people”.

In 2020, PAPI was surveyed from 14,732 Vietnamese citizens randomly selected across all 63 provinces and cities. PAPI 2020 continues to include 8 content indicators: People’s participation at grassroots level; transparency; accountability to people; control of corruption in the public sector; public administrative procedures; providing public services; environmental governance; electronic management.

Hanoi achieves the target of 5-step increase

The total number of PAPI scores in 2020 of Hanoi City is 41,629 / 80 points. In which, the index “participation of people at the grassroots level” reached 5.059 / 10 points; “Openness and transparency in decision making” reached 5,244 / 10 points; “Accountability to the people” reached 4,812 / 10 points; “Control of corruption in the public sector” reached 6,598 / 10 points. In addition, the indexes: “Public administrative procedures” reached 7,169 / 10 points; “Public service provision” reaches 6.87 / 10 points; “Environmental governance” reached 2,959 / 10 points; “Electronic management” reached 2,918 / 10 points.

Among the 7 out of 8 content indexes that the PAPI study compared with 2019, Hanoi has 4 content indexes that have improved, 3 content indexes “stalled” and no content indexes decreased. reducing and improving 5 levels compared to 2019 – achieving the target of increasing at least 5 steps set out in the Plan No. 122 / KH-UBND dated 11-6-2020 of the Hanoi People’s Committee on “ , improving the Hanoi City’s Public Administration and Public Administration Performance Index by 2020 ”.

It is the result of the city’s determination and concrete work to improve the PAPI Index. Typically, in 2020, the city organized a seminar “Solutions to improve PAPI Index of Hanoi” to share information on PAPI Index to communes, wards and towns. Although the total score of Hanoi increased compared to 2019, but still in the group of provinces and cities with the lowest PAPI composite score, ranked 48/63 provinces and cities.

From an expert perspective, UNDP Viet Nam public policy expert Do Thanh Huyen highly appreciated the interest and practice of Hanoi city in recent times. Analyzing more closely, Ms. Do Thanh Huyen said that Hanoi also has its own “burdens” (large population; many immigrants; many central agencies located in the area …), so there will be many higher demands. on public administrative services. Therefore, the city governments at all levels need to look at the weaknesses, evaluate each specific criterion where to improve, not necessarily how much to rank.