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Colliers international vietnam

/ October 20, 2020

Vietnam is a corona-free bubble: Successful control of COVID-19

While the number of COVID-19 cases is increasing globally, rapidly changing on an hourly and daily basis which can be tracked almost in real time, the incidence, infection burden and fatality rates in Vietnam are still low. Vietnam declared COVID-19 a nationwide epidemic on April 1. By October 15, 2020, Vietnam reported 1,122 cases with 35 deaths (WHO 2020). With approximately 97 million inhabitants, the Southeast Asian nation has conducted 12,772 tests/1 million. According to the WHO classification, Vietnam reports transmission from clusters of cases and not by community transmission or sporadic cases. Vietnam lifted its social isolation measures when schools and businesses reopened after International Labour Day, but continued to reduce risk through the mandatory use of face masks. The speed of response was the crucial factor. The Vietnamese government has been instrumental in identifying and demarcating infection clusters and has responded well to the COVID-19 situation and handling of COVID-19 in terms of the WHO test, treat and track approach (T3). For example, COVID-19 reappeared in the city of Da Nang in late July 2020, where the first two deaths of COVID-19 were reported. The entire city was placed under strict lockdown exceeding 45 days. Public transportation was shut down, severely restricting population movements and, thus, stopping the wave of transmissions of COVID-19 in communities. Vietnam has adopted extensive approaches in its intense fight against the pandemic. In particular, it has adopted a fairly good and comprehensive approach from the early stages of the epidemic, as it has begun early identification of contact persons, quarantine measures, timeliness, efficient mobilization of state agencies and a progressive policy of social distancing. Measures to identify those who have been infected or even exposed at airports and quarantine measures have also been efficiently managed to date. The country is very rigorous with its case control …

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/ March 2, 2021

VIETNAM NEWS HEADLINES MARCH 2

Red Spring Festival expects to collect over 4,000 blood units Young people donate their blood In his opening remarks, Director of the National Institute of Hematology and Blood Transfusion (NIHBT) Bach Quoc Khanh, who is head of the festival’s organizing board, said that the festival has been held annually since 2008 to address blood shortages after the lunar New Year holiday, and gradually changed public awareness of blood donation. After 13 editions, the festival has collected over 85,000 blood units and become the annual biggest blood donation event. Khanh took the occasion to express his gratitude for donators nationwide. The 14th edition is taking place from March 1-7 at the NIHBT headquarters, and three fixed places - 26 Luong Ngoc Quyen in Hoan Kiem district, 132 Quan Nhan in Thanh Xuan district, and Valley 122 of Lang Street in Dong Da district. The organizing board expects to receive over 4,000 blood units during this year’s festival, which then will be allocated to nearly 180 hospitals and medical establishments of 28 provinces and cities in the northern region. It has also made thorough preparations to welcome donors so as to ensure COVID-19 prevention and control as recommended by the World Health Organisation and the Health Ministry./. Fatal coach crash kills three, injures 4 in Dong Thap A serious traffic accident caused by a passenger coach took place on National Highway 54 in Tan Thanh Commune of Dong Thap Province’s Lai Vung District this morning, March 1, killing three and injuring four people. The passenger coach with plate number 51B-17273 driven by Tran Van Nam, aged 41, was heading from Vam Cong Bridge to Vinh Long Province when it plowed into a group of 10 bike riders and killed a rider, identified as Tran Van An, aged 59. The passenger coach continued slamming into two electric poles and a tree on the pavement, damaging the front of the coach. Local residents immediately took some injured passengers …

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/ March 2, 2021

VIETNAM BUSINESS NEWS MARCH 2

Vietnam racks up $1.29 billion in trade surplus in two months The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Vietnam’s trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28. The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Of the total, exports amounted to 48.55 billion USD, a yearly hike of 23.2 percent, while imports were estimated at 47.26 billion USD, or 25.9 percent higher than the same time last year. Foreign-invested companies accounted for 76.4 percent, or 37.07 billion USD, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad 11.48 billion USD worth of products. There were nine commodities joining the billion-USD export club, including telephones and parts (9.3 billion USD, up 22.8 percent year-on-year); electronics, computers and parts (6.9 billion USD, up 27.3 percent); equipment, machines and parts (5.5 billion USD, up 72.6 percent); footwear (3.2 billion USD, up 15.4 percent); and wood and wooden products (2.4 billion USD, up 51 percent). They made up 73 percent of the country’s export turnover. The US was Vietnam’s biggest importer as it splashed out 14.2 billion USD on Vietnamese products, or 38.2 percent higher than the amount it spent the same time last year. China came second with 8.5 billion USD, followed by the EU with 6.3 billion USD, ASEAN 4.2 billion USD, the Republic of Korea 3.4 billion USD, and Japan 3.2 billion USD. Meanwhile, the country spent big (47.26 billion USD) on imports, with foreign-invested sector purchasing 31.64 billion USD worth of products from abroad for production, up 31.4 percent, while that of the domestic sector surged 16 percent to 15.62 billion USD. In the two-month period, China was the largest exporter of Vietnam, with revenue …

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