Hand foot mouth cases on the rise in ho chi minh city

Deputy Minister of Health Nguyen Truong Son visits and encourages a pediatric patient who is under dengue fever treatment at District 8 Hospital on June 27. Up to now, the city recorded a total of 18,976 dengue cases, an increase of 151.6 percent over the same period with 7,542 cases, comprising 311 severe cases. After a week, the rate of severe patients to the total number of dengue cases was 1.6 percent, an increase of over four times over the same period with 33 out of 7,542. This week, 21 districts and Thu Duc City in HCMC excluding District 12 are facing a dengue fever “emergency” with 2,548 cases, up 611 cases over the past four weeks and a death related to the disease rising total death to ten from the beginning of the year to now. At that time, there were 825 hand, foot, and mouth disease cases, a decrease of 217 cases over four weeks ago. By the 25th week, HCMC had a total of 7,634 infections with hands, foot, and mouth disease. By Thanh An- Translated by Huyen … [Read more...] about Number of weekly dengue cases in HCMC continues to rise

Vietnamese airlines are suffering losses amounting to hundreds of billions of VND each month due to a surge in fuel prices, according to director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang. Illustrative image (Photo: VNA) At a conference of the Transport Ministry reviewing its work in the first half of the year on June 28, Thang said as fuel costs account for 40-50% of operation costs, revenues increases are not sufficient to compensate for high fuel prices. He said domestic aviation transport has fully recovered with higher growth than in the pre-pandemic period. However, Vietnamese carriers have not fully escaped difficulties due to the slow recovery of the international market. It was reported at the conference that in the first half of the year, the number of international air passengers has increased monthly, from 103,500 in January to 127,000 in February, 224,600 in March, 445,700 in April, 650,000 in May and an … [Read more...] about Domestic air transport sees fast recovery, airlines suffer loss due to rising fuel prices

Ring road plan to transform market - Illustrative photo (Source: VNA) The government has asked the National Assembly (NA) to consider and decide on the policy for investing in the ring roads to be located in the country’s two biggest cities. Tran The Anh, sales director of Thang Loi Group, said that the land fund in inner cities is increasingly exhausted and prices are high, with investors turning to suburban real estate. “There is a thirst for houses for those living and working in Ho Chi Minh City in particular,” The Anh said. “The shifting trend of investors and individual financiers is also creating a new vitality for the real estate market in the suburbs.” One of the issues discussed by NA delegates and experts is how to exploit the land fund around the two ring roads, which will soar in value. Already in many places, the price of land in the area has increased dozens of times over. “Because the two routes will open up a vast land fund, the management of auctions of … [Read more...] about Ring road plan to transform market

Vietnam remains a favorite destination for foreign firms seeking to shield from a combination of geopolitical tensions, rising operational costs thanks to the country’s strong economic performance in recent years. Foreign Direct Investment (FDI) commitments in the first half of 2022 reached over US$14.03 billion, equivalent to 91.1% of the same period last year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Production at Rhythm Precision in the Noi Bai Industrial Park, Hanoi. Photo: Pham Hung In the six months, 752 new projects have been approved with total registered capital of $4.94 billion, down 6.5% in the number of projects and 48.2% in capital year-on-year, while 487 existing projects have been injected an additional $6.82 billion, up 5.9% in number and 65.6% in capital. Meanwhile, 1,7077 projects had nearly $2.27 billion contributed by foreign investors, which was down 8% in several … [Read more...] about FDI commitments to Vietnam reach over US$14 billion in H1 2022

The certificates are granted at the event (Photo: VNA) HCM City (VNA) – The management board of the Saigon Hi-Tech Park ( SHTP ) in Ho Chi Minh City granted certificates to three projects to increase their investment by more than 848.74 million USD in total at an investment conference for the park on June 27. The lion’s share of the financial comes from 841 million USD at Samsung Electronics HCMC CE Complex Co., Ltd. The new funding increases the total investment in the factory to over 2.84 billion USD. The other two projects are Hoa Binh innovation centre and a Vietnamese pharmaceuticals factory, which saw their capital rising by 130 billion VND (5.59 million USD) and 30 billion VND, respectively. At the conference, Chairman of the municipal People’s Committee Phan Van Mai said the city wants to listen to investors’ feedback to form related legal frameworks and development orientations for the future. Since its establishment in 2002, the SHTP has granted … [Read more...] about Saigon Hi-Tech Park sees significant capital added to three projects

The Vietnamese Government has issued many mechanisms and policies to attract foreign-invested enterprises, including foreign tech startups. Agritech, Greentech, Deeptech and Foodtech are promising sectors that are expected to boom in the coming years in Vietnam, according to local experts and those from abroad. The Vietnam Government has issued many mechanisms and policies to attract and support foreign startups. Photo: InnoLab Asia Local and foreign enterprises shared their expectations when joining a panel discussion titled “Vietnam market entry: Opportunities and How to collaborate with Vietnamese companies” within an international webinar, which was held by Sunwah Innovations in partnership with Vietnam National Innovation Center (NIC) and InnoLab Asia on June 28. All the panelists at the webinar said they were impressed with the growth of Vietnam's startup ecosystem and its potential for overseas startups and investment funds to tap into. A record high … [Read more...] about Agritech, Greentech, Deeptech and Foodtech – foreign funds interests in Vietnam