Shanghai announced a gradual reopening from Monday of businesses, though it remains unclear when the millions of people still locked down in China's economic capital will finally be allowed out of their homes. Police and security members in protective suits stand outside cordoned off food stores following the COVID-19 outbreak in Shanghai, China, Mar 29, 2022. (File photo: Reuters/Aly Song) Confronted with its worst Covid-19 outbreak since the beginning of the pandemic, China -- the last major economy still closed off to the world -- put the city of 25 million under heavy restrictions in early April. The rigid strategy to root out virus cases at all costs has wreaked havoc on supply chains, crushed small businesses and imperilled the country's economic goals. For many Shanghai residents, some of whom were already confined to their homes even before April, the frustrations have included problems with food supplies, access to non-Covid medical care and … [Read more...] about Covid-hit Shanghai announces gradual reopening of businesses
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Businesses require support in digital transformation
Vietnam must move forward with plans to design additional programmes to support firms in the digital transformation process in terms of funding, knowledge, and information in the technology market to help them grasp technological changes occurring globally, according to insiders. Illustrative photo Experts in the sector made the statement at the launching conference held on May 20 to unveil the Vietnam Annual Economic Report 2022 running with the theme of "Strengthening digital platform for the service sector” in Hanoi. Upon addressing the conference, Nguyen Quoc Viet, deputy director of the Vietnam Institute for Economic and Policy Research (VEPR), revealed that the 69% of businesses in the nation have been forced to temporarily suspend their operations due to the COVID-19 pandemic. Despite the pandemic significantly affecting several sectors such as service, accommodation, food, and tourism, it has yet to exert a serious impact on the digital … [Read more...] about Businesses require support in digital transformation
Fine dining at Le Beaulieu
FLAMING GOOD: The waitress cooks the lobster bisque at the table. VNS Photos Mỹ Hà by Mỹ Trang It was a special occasion, and we all wanted to celebrate it at Le Beaulieu. The usual restaurant has been under renovation for a while and we could not have a table looking out onto the street, instead, its temporary location had been moved further inside Sofitel Legend Metropole Hanoi, which has a cosy interior. It's always a pleasure to look at the menu, carefully crafted with dishes that have ingredients in season, varied, but not too many that it blows your mind. Nevertheless, it is hard to nail one dish down. If you go to a Vietnamese restaurant, its menu can last for pages, and you leaf from beginning to end, perplexed among so many dishes cooked in so many different ways, and you end up picking a few things and you are not sure you made a good choice. It's different at Le Beaulieu where you see familiar dishes that you know are delicious. You are also open to exploring new … [Read more...] about Fine dining at Le Beaulieu
Vietnamese students champion int’l environmental competition
Team 'Adorbsies' of three Vietnamese high school students has won the first prize of an international environmental competition. From left: Adorbsies member Lương Anh Khánh Huyền, Trần Quỳnh Anh, Bùi Tú Uyên. Photos courtesy of the team Bảo Hoa HÀ NỘI — A team of three Vietnamese high school students has won an international prize on environmental sustainability. Bùi Tú Uyên, Lương Anh Khánh Huyền and Trần Quỳnh Anh brought home US$100,000 from the Earth Prize competition, an initiative of the Switzerland-based Earth Foundation that encourages students to address environmental issues. Beating more than 650 teams across 114 countries and territories, the three girls’ idea of creating biodegradable menstrual pads from dragon fruit peel won the hearts of the judges for its practicality. “This was a very difficult choice for The Earth Prize Adjudicating Panel to make; but Team Adorbsies’ project is an idea turned into a solution that can make a genuine difference,” said Rina … [Read more...] about Vietnamese students champion int’l environmental competition
Lao student studies Vietnamese to achieve artistic dream
Ting during an Erhu class with his teacher at the Military University of Culture and Arts. — Photo courtesy of Ting Yangkeo Bảo Ngọc Before deciding to study in Việt Nam, Ting Yangkeo was already passionate about one thing: art. The Laos native, who goes simply by Ting, was born into a family of seven with creative roots. Traditional art was not only the family legacy but also a way for him to express himself. “The fact that I was born into a family that values the arts makes me feel enormously fortunate and proud,” he said. “It was so wonderful to grow up with a passion for art in your genes. I remembered spending a ton of time as a child listening to music and watching cultural programmes on television.” At the age of 11, with the encouragement of his family, Ting spent seven years studying traditional instruments at the Lao National School of Music. During that time, he also learned to play the xylophone and a flute-like … [Read more...] about Lao student studies Vietnamese to achieve artistic dream
Quang Ninh looks toward knowledge-based economy
Based on “smart city” foundation Following the success in building the e-administration and reforming administrative procedures in the 2012 – 2018 period, Quang Ninh province has built a digital administration based on the implementation of a project building smart cities in the 2019 – 2025 period. Quang Ninh province’s smart cities will take people and tourists as the center. They will be encouraged to help develop tourism services. The local authorities will work to improve management capacity as well as the quality and efficiency of socio-economic activities, creating an attractive investment environment and promoting inclusive development. The province will continue refining legal regulations to facilitate the implementation and development of e-administration, digital ministration and smart cities. The smart city project will be carried out in Cam Pha, Uong Bi and Mong Cai cities. Looking towards knowledge-based economy Quang Ninh was the first province in Vietnam … [Read more...] about Quang Ninh looks toward knowledge-based economy
In Vietnam, students rush to private classes as high school entrance, graduation exams near
As the high school entrance and graduation exams are starting in a few weeks, final-year students at middle and high schools are as busy as a bee at back-to-back extra classes. Some students leave their extra classes and return home at 9:30 pm every day. Like her fellow students, N., a ninth grader of Tang Nhon Phu B Middle School in Thu Duc City, Ho Chi Minh City, is in crunch time. She has a very busy studying schedule. After school, she has to attend after-hours classes at a cultural fostering center and an English center. Additionally, she takes private lessons in literature and math. Her daily extra classes often end at 9:00 pm. She confessed that she felt under pressure but she had to try to get into a good high school. She encourages herself by thinking about relaxing after the exam. T., a student of Vinh Kim High School in Tien Giang Province, is also nervous about the upcoming national high school graduation examination. T. told Tuoi Tre (Youth) newspaper that … [Read more...] about In Vietnam, students rush to private classes as high school entrance, graduation exams near
Working remotely for foreign employers opens up dynamic lifestyle
He first goes out for a five-kilometer jog, returns home to work for an hour or two and then has some spare time before resuming work in the afternoon. Though his days are productive, for the 30-year-old software engineer in HCMC, working remotely for U.S.-based software company Acumatica gives him much greater flexibility than a traditional office job. As more and more global companies look to developing economies for skilled English-proficient workers at relatively lower salaries, in Vietnam, many young people like Dang are embracing the opportunity to acquire a whole new working experience. "The only difficulty is the different time zones," Dang, who has been working for Acumatica for four years as a regional product engineer, says. Every day, after meeting online with the North American team at 5 a.m, Dang also meets his colleagues in Singapore, Malaysia and the Philippines at 7 a.m. and in India and Sri Lanka at 5 p.m. Huynh Minh Dang during a business trip to … [Read more...] about Working remotely for foreign employers opens up dynamic lifestyle
Will international stress disrupt Vietnam’s economic recovery?
Patrick Lenain-Former assistant director Organisation for Economic Co-operation and Development Pressures on global supply chains are also a key headwind in the recovery. Supply chain disruptions are not new: health precautions imposed over the last two years have already caused major bottlenecks. Major shipping hubs such as Los Angeles and Shanghai have operated with reduced capacity, with long waiting times to get shipments processed across the borders. With the pandemic fading away, congestion in international supply chains has eased a bit since December 2021. In the United States, government agencies have worked with shippers, retailers, and port authorities to speed up the movement of goods. For instance, ships waiting to unload containers in US ports have declined by 35 per cent, thanks to 24/7 operations and large recruitment of workers. However, the lack of US truck drivers has emerged as a new problem. Action was taken to hire 30,000 additional truck drivers, … [Read more...] about Will international stress disrupt Vietnam’s economic recovery?
Bad vendors put e-commerce at risk
Two customers do online shopping on an e-commerce platform. — Photo vneconomy.vn Smuggled, counterfeit and low-quality products have begun to spread rapidly on e-commerce platforms as the absence of physical product touch in online shopping puts buyers at a disadvantage. Nguyen Duc Le, deputy director of the Professional Affairs Department under the Ministry of Industry and Trade (MoIT), admitted that deceptive trade practices have been rising steadily in recent years. “Bad vendors use genuine products for advertisements but deliver low-quality or second-hand products to buyers, depriving them of the warranty rights,” he said. Le Mai Huong, an enthusiastic online shopper in Ha Noi, shared her bad experience when shopping online with Viet Nam News. “In my experience, shoppers should not buy online stuff sold at prices far lower than market prices, notably cosmetics and drugs, as they are almost fake products. In addition, for clothes and consumer goods, many times I … [Read more...] about Bad vendors put e-commerce at risk