HCM City: early start proposed for over VND4.8 trillion traffic project Traffic congestion on Cong Hoa road The Ho Chi Minh City management board for traffic works construction and investment has urged early completion of paperwork for construction on a road linking Tran Quoc Hoan and Cong Hoa roads to begin in December. Costing more than 4.84 trillion VND (211.2 million USD), the project is slated to complete in July 2023, in conjunction with the completion of the Tan Son Nhat international airport’s Terminal 3 The project, approved in December 2019, includes the building of a six-lane 4km road, an intersection tunnel, and a 1,200m overpass in front of the Terminal 3. Apart from the project, the city also conducting procedures to implement the expansion of Hoang Hoa Tham road and upgrading of Cong Hoa road around the Tan Son Nhat airport. The construction of both projects was initially set to begin in 2020 but it was delayed due to problems in site clearance./. No COVID-19 infections logged on March 4 morning Vietnam documented no COVID-19 cases in the past 12 hours to 6:00 am on March 4, keeping the national tally unchanged at 2,482 patients with 1,566 domestically-transmitted cases, according to the National Steering Committee for COVID-19 Prevention and Control. The country has 51,572 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas under quarantine nationwide, including 533 at hospitals, 13,776 at other quarantine sites, and 37,263 at home. Among the patients under treatment, 66 have tested negative for SARS-CoV-2 once, 37 twice, and 113 thrice. The Treatment Sub-committee said that 1,898 patients have been declared clear of the coronavirus so far. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering) and khai bao y te (health …
Afmc unleashes 4 6 million in fy18 squadron innovation funds
Overseas packaging groups expand towards Vietnam
With its enticing business and investment conditions, Vietnam’s packaging sector has seen an array of M&A deals in recent years, Photo: Duc Thanh Thailand’s Siam Cement Group PLC (SCG) last month made a big splash in the market by entering into a 70-per-cent share purchase agreement with Duy Tan Plastics JSC. The former’s subsidiary SCG Packaging (SCGP) is to work with its Vietnamese partners under a 10-billion-baht ($332 million) investment to expand its packaging solution business in Vietnam, where demand for such products is growing. The investment is part of a 20-billion-baht ($664 million) budget for business expansion and merger and acquisition (M&A) plans. SCGP chief executive Wichan Jitpukdee told The Bangkok Post that the company has been expanding its operations in Vietnam and generated a revenue growth of more than 10 per cent annually. Last year, SCGP announced the closing of its consolidation with Sovi Packaging JSC in the southern province of Dong Nai’s Bien Hoa city, a company specialising in corrugated boxes and offset laminated packaging. In 2015, SCGP expanded its flexible packaging business by acquiring an 80 per cent stake in Tin Thanh Packing JSC, one of the top five manufacturers of such wares in Vietnam. SCGP also invested in its packaging paper production base at Vina Kraft Paper Co., Ltd. to meet the rapid demand in the country. The enterprise has holdings in a clutch of other domestic producers including Alcamax Packaging, Packamex Packaging, AP Packaging, and New Asia Industries. Besides this, global investors like SCGP are also shifting their focus to the market, thus driving their sustainability agenda forward. The company has been implementing its environmental social governance strategy in the past few years, thereby focusing on corporate social responsibility towards the environment and society. SCGP is also a pioneer in green manufacturing, with various innovations ranging from paper to flexible packaging. With …
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Vaccine nationalism
Vaccine nationalism has become alarming, as politicians have criticized the previous US President Donald Trump for his "America First" doctrine. More than 55% of Israelis have received at least one dose of the Covid-19 vaccine. Photo: Timesofisrael When I wrote this article, 4.77 million Israelis had received at least 1 dose of the Covid-19 vaccine; 3.44 million of them had completed second injections. More than 55% of Israel's population have received at least one dose of the Covid-19 vaccine. But not many countries are as lucky as Israel. This is a special case as Israel has a small population and enormous financial capacity. Meanwhile, many poor African countries may only be able to start vaccinating next year. Wealthy countries, accounting for only 16% of the world's population, have bought up to 60% of the worldwide supply of vaccines. Some have even ordered a volume of vaccine that is much higher than their population. Canada bought vaccines for 453.1% of its population, the UK 270.3%, Australia 225.1%, and the US 182.8%. At the same time, most developing countries are waiting to receive the vaccine distributed by the COVAX Facility. COVAX is part of an unprecedented global effort to provide vaccines for at least 20% of the population in each participating country by 2021 to protect those most at risk from severe illness from COVID-19 and save lives. It is co-led by Gavi the Vaccine Alliance, WHO, and the Coalition for Epidemic Preparedness Innovations (CEPI), and works in partnership with UNICEF, the PAHO Revolving Fund, the World Bank, civil society organizations, manufacturers, and others. Immune oasis Covid-19 vaccination for a volunteer in the state of Florida, USA. Even the new US President Joe Biden, who declared that America was back to engage with the rest of the world, has focused solely on vaccinating the American people, reinforcing an "oasis of immunity" for themselves. A recent study by the …
