Blockchain vietnam

The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth

Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. The Vietnamese Government would stay focused on stabilizing macro-economic conditions, containing inflation, and keeping all major balances intact. Overview of the meeting. Source: VGP Prime Minister Pham Minh Chinh gave his conclusion at the monthly Government meeting held today [July 4]. According to Chinh, Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. Chinh highlighted the GDP growth of 7.72% in the second quarter, the highest second-quarter growth since 2011, and the six-month GDP growth of 6.42%. Such  half-year growth rate is even higher than the pre-pandemic one. (6.38% in the 2016-2019 period). In this context, 44 out of 63 provinces/cities posted economic growth of over 6%, which showed a consistent recovery level among localities, he said. Other positive factors include … [Read more...] about Vietnam to solidify macro-economic stability: PM

EuroCham President Alain Cany In comparison to the first quarter of 2022, European investors' confidence in Vietnam's growth potential has decreased. Approximately 60 percent of respondents predict that Vietnam's economy will stabilize or improve in the third quarter of 2022, while this figure was 69 percent the previous quarter. Around 45 percent of survey respondents said they were very satisfied or satisfied with Vietnam's efforts to attract and retain foreign direct investment (FDI), while 76 percent expect their company to raise capital. FDI into Vietnam before the end of the third quarter. However, regarding Vietnam's green growth prospects, 79 percent of business leaders said their assessment of Vietnam's green development potential has improved. Nearly 90 percent of respondents think that Vietnam should strengthen the development of the green sector to attract more foreign investment. The survey also identified barriers to European investment in Vietnam and trade … [Read more...] about Business Climate Index in Vietnam drops: EuroCham Vietnam

Around 1 p.m., power went out in Hanoi’s inner districts like Ba Dinh, Cau Giay, Nam Tu Liem, Hai Ba Trung, and Hoang Mai. Nghia, manager of an office building in the Cau Giay District, stated that the power was restored after about 30 minutes. However the voltage spiked to more than 240 kilovolts (kV), causing some electrical equipment to be damaged. The damage is being assessed by building management. An employee of a media company in Hai Ba Trung District reported that while eating lunch at the office, power suddenly went out then came back on and then went out again. The loss of power recurred 10-15 minutes, causing many company equipment to be "turned on and off multiple times." Hanoi University of Science and Technology, located in Hai Ba Trung District, had to announce that "the entire school lost power due to a power grid failure in the city. We hope teachers and students understand for this inconvenience." The power was restored around 2:40 p.m., and normal … [Read more...] about Northern Vietnam hit by massive power outages

According to a scientific brief released by the World Health Organization (WHO) in March, the global prevalence of anxiety and depression significantly increased by 25 per cent in the first year of the pandemic. In pre-pandemic Vietnam, according to the statistics published by the Institute of Mental Health under the Hanoi-based Bach Mai Hospital, 30 per cent of the population was diagnosed with various mental health issues, while 25 per cent was related to depression and 15 per cent were caused by stress disorders. Despite close to one in three people being aware of their conditions, only a few sought medical attention. From the above statistics, the mental health of a large population has been heavily affected by the pandemic. Tran Thanh Phong, CMO at Prudential Vietnam said, “ We cannot talk about holistic wellness without considering mental health. The pandemic has clearly taken a toll on people’s mental health over the past two years, with uncertainties and anxiety … [Read more...] about Prudential Vietnam launches new AI-powered mental wellness tools

An additional 685 new Covid-19 infections were confirmed on Monday, raising the national tally to over 10.74 million, according to the Ministry of Health. Illustrative photo According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 41 out of 63 localities in the country. As of Monday evening, the number of Covid-19 patients in Vietnam has increased to over 10.74 million. On July 4, an additional 6,179 more patients recovered from the disease, raising the number of recoveries in the country to over 9.71 million. On Monday evening, one death related to Covid-19 was recorded, raising the total fatalities to 43,088, accounting for 0.4 per cent of total infections. By July 4, the country had injected more than 233 million doses of Covid-19 vaccines, including over 8.33 million given to children aged 5 to 11. … [Read more...] about Vietnam repors 685 more Covid-19 infections on Monday

Vietnamese people who travelled to Germany in the labour cooperation programme 35 years ago (Photo: VNA) Berlin (VNA) – The Overseas Vietnamese Association in Wilthen - Bautzen and surrounding areas in Germany held a get-together on July 3 on the occasion of the 35th anniversary of Vietnam - Germany labour cooperation . More than 120 Vietnamese people from many parts of Germany, who travelled to the country in the labour cooperation programme, were present at the event. President of the association Dao Ngoc Xuyen said that through many ups and downs in history, the association has promoted the tradition of solidarity and mutual support. At present, Vietnamese labourers who travelled to Germany 35 years ago have settled down, and their children and grandchildren have also grown up and contributed to the German society, added Xuyen. Wolfgang Bock, an administrative law expert who participated in and learned about the labour cooperation agreement between Vietnam … [Read more...] about Get-together looks back on 35 years of Vietnam-Germany labour cooperation

Vietnamese Minister of Education and Training Nguyen Kim Son has proposed that education fees be waived for all public middle schools across the country. The education minister put forward the proposal during an online conference with central- and local-level leaders on Monday morning. Son expects that his proposal will benefit students from grade sixth to ninth starting the 2022-23 school year, which is set to begin in less than two months. He requested the education ministry’s sub-units to work with the Ministry of Finance on evaluating the impacts of the proposed tuition exemption and calculating the state budget needed for this plan. Such tuition exemption is not a new proposition of the Ministry of Education and Training. In 2016, the government assigned the ministry to coordinate with the finance ministry in drawing up a similar scheme with a specific timeline while prioritizing investments for kindergarten and elementary education. Vietnam has made elementary … [Read more...] about Vietnam minister proposes making middle school free next year

Vietnamese leaders have sent congratulatory messages to leaders of the U.S. government and Congress on the occasion of the country’s 246th Independence Day. State President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh sent their congratulations to U.S. President Joe Biden on Monday, according to the Ministry of Foreign Affairs. Chairman of the National Assembly Vuong Dinh Hue also extended greetings to President of the Senate Kamala Harris and Speaker of the House of Representatives Nancy Pelosi. On the same day, Minister of Foreign Affairs Bui Thanh Son sent a congratulatory message to U.S. Secretary of State Antony Blinken. Vietnam and the U.S. established bilateral relations in 1995, paving the way for a partnership of trust, friendship, and mutual respect. The bilateral relationship is guided by the comprehensive partnership signed in 2013 and joint statements issued by the leaders of the two countries in 2015, 2016, and May and November 2017, according to the … [Read more...] about Vietnam leaders congratulate US on 246th Independence Day

Vietnam's potential growth is also being viewed with less favor by European business leaders, as 60 percent of respondents predicted that the Vietnamese economy would stabilize or improve in the third quarter of 2022, compared to 69 percent who held this belief entering the second quarter, according to a report released Monday by the European Chamber of Commerce in Vietnam (EuroCham). But most European business leaders remain upbeat about investing more in Vietnam, with 76 expecting their company to increase foreign direct investment (FDI) in Vietnam before the end of this quarter. Positive views were expressed about Vietnam's prospects for green growth too, with 79 percent of participants saying their assessment of Vietnam's green development potential improved from the first quarter. Regarding the link between green growth and FDI, nearly 90 percent of respondents believed Vietnam should increase green sector development to attract more foreign investment. Some barriers … [Read more...] about European business sentiment declines in Vietnam driven by global headwinds