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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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/ March 6, 2021

Vietnam rehearses Covid-19 vaccine transport to prepare for mass inoculation

Two staff of Vietnam Vaccine JSC (VNVC), importer of Covid-19 vaccines to Vietnam, stand outside a freezer where the vaccines are kept. arrived in HCMC on a flight from Seoul . They are the first batch of 30 million doses Vietnam had ordered from the company. Only those assigned by the firm could enter and operate within this area. Part of the 117,600 vaccine doses inside the freezer. A staff member uses a forklift to practice unloading a supposed shipment of the AstraZeneca vaccine. Outside the freezer, a staff member places reusable dry ice gel packs into a Styrofoam box. Those boxes would store vaccine doses temporarily when transported from storage to specialized distribution trucks. Each box contains a certain amount of doses depending on the detailed plan of vaccination for each locality as regulated by the Health Ministry. Tran Han Tuan, 37, head of the VNVC warehouse department in southern Vietnam, said the truck is parked 2.8 meters from the freezer’s door and that loading a box takes only ten seconds. Therefore, "all movements must be especially quick and accurate." "We have yet to make any mistakes, but remain quite nervous since the entire nation is counting on this first batch of vaccines," he noted. The back door of the truck will be opened in only one minute to receive the vaccines to ensure their quality remains unaffected by exterior conditions. A package of vaccines is taken out of a Styrofoam box. Each package of vaccines is equipped with a temperature measuring device. If the temperature exceeds the allowable limit (2-8 degrees Celsius), this device will raise an alarm, which means the shipment is not eligible for administration. Two freezer trucks, valued at more than VND1 billion ($43,400) each, will be in use for the upcoming mass vaccination. For now, 13 cities and provinces that have …

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/ March 5, 2021

Sci-tech strengthens Vietnam’s shield against pandemic

Vietnam got through 2020 as one of only a few to fulfil the dual goals of containing the COVID-19 pandemic and developing its economy. This achievement can be attributed to the determination and effort of all sectors, most notably science and technology. Ten national science and technology projects were approved during the COVID-19 outbreak, including the cultivation and isolation of SARS-CoV-2, test kit production, studying COVID-19 vaccines, and using robotics in hospitals and quarantine camps. Scientists have not been alone in innovation during the COVID-19 fight. They have been backed by the Government and enterprises. Many people, even those without any academic qualifications, have contributed science and technology innovations to help the country fight the pandemic./. VNA …

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