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Big money records

/ March 6, 2021

Hai Duong hotspot records six more Covid-19 community transmissions

All new patients, tagged from 2502-2507, are F1 of previously confirmed cases in Kim Thanh District and Kinh Mon Town in the northern province, around 60 kilometers to the east of Hanoi. They had already been isolated following contact tracing protocol and had tested positive for the novel coronavirus when in quarantine. On Saturday alone, Vietnam has recorded 13 new infections, including 12 in hotspot Hai Duong and one imported case. Vietnam, a country of 98 million people, has reported 891 community transmissions in 13 cities and provinces during the ongoing outbreak that returned to the country on Jan. 28 after a 55-day clean streak. Prioritized groups will be injected with the first batch of 117,600 AstraZeneca vaccines next Monday after quality checks had been passed, Health Minister Nguyen Thanh Long said. Long added the first vaccine shots would be reserved for the National Hospital for Tropical Diseases in Hanoi, its counterpart in Ho Chi Minh City and northern Hai Duong Province. The exact number of vaccine doses to be distributed to these locations has yet to be confirmed. Vietnam has registered 2,507 Covid-19 cases and 35 deaths so far. …

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/ March 6, 2021

Vietnam records six new COVID-19 infections on March 6 evening

All the new patients had been previously quarantined and are being treated at a COVID-19 treatment hospital in Hai Duong province. By the evening of March 6, Vietnam had recorded a total of 2,507 COVID-19 patients, including 1,584 domestically-transmitted cases. Up to 891 domestic infections have been detected since the third wave of outbreaks hit the country on January 27. The Treatment Subcommittee said that 1,920 patients have recovered from the disease to date, while the number of deaths related to COVID-19 was still kept at 35. Among active patients undergoing treatment, 65 tested negative to the coronavirus SARS-CoV-2 once, 57 twice and 137 thrice. As many as 49,565 people who had close contact with COVID-19 patients or entered Vietnam from pandemic-hit regions are currently under quarantine nationwide, including 1,290 in hospitals, 14,199 in other establishments and 34,076 at home. 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 declaration). …

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/ March 6, 2021

Iron and steel exports witness big leap

The nation exported a total of 1,568 million tonnes of iron and steel worth US$1.123 billion during the reviewed period, marking a sharp rise of 71.9% compared to last year’s corresponding period, according to data released by the General Department of Vietnam Customs. January saw Hoa Phat Group, the country's leading steel maker, export roughly 10,000 tonnes of galvanized sheet partners to Belgium and Spain, while it also shipped more than 12,000 tonnes of cold galvanized steel to the Americas in February. Along with construction steel, Hoa Phat Group has also ramped up its export of steel pipes, galvanized steel, and galvanized steel wire to foreign markets. Furthermore, Hoa Sen Group Joint Stock Company shipped high-value batches of galvanized steel sheet to the United States, Mexico, Europe, and Southeast Asia, with export volume exceeding 100,000 tonnes per month. Nghiem Xuan Da, chairman of the Vietnam Steel Association, said domestic steel consumption throughout the reviewed period was estimated to have decreased by 30% compared to the same period from last year. Da believes that although a series of free trade agreements (FTAs) have come into force, such as the EU-Vietnam Free Trade Agreement (EVFTA) and the Vietnam-UK Free Trade Agreement (UKVFTA), not many local firms have the capacity to increase exports to the EU market. In general, the local steel industry faces a number of obstacles due to five further countries, including Malaysia and Philippines which are two of the country’s major markets, conducting anti-dumping investigations into Vietnamese galvanized steel and steel pipes. Moreover, the European Commission (EC) has recently announced plans to consider extending safeguard measures for imported steel. This comes after the EU on February 1, 2019, applied a safeguard measure against imported steel in the form of tariff quotas, with three groups of steel products from the nation being levied. Experts have therefore advised local …

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