Coronaviruses are known to be sensitive to heat and to ultraviolet radiation. The level of solar radiation in Vietnam is notoriously high. Hanoi has a March average UV index of 10, compared to 4 for Covid-19 hotspot New York City. In Wuhan, cases peaked in early February when the UV index was 5. From February to October, the sun hammers HCMC daily with an index of 12. An index of 4 is considered “medium,” 10 is “very high,” and 12 is “extreme.” … [Read more...] about How did Vietnam dodge Covid-19?
How much did oceans 8 make
The trend of large corporations outsourcing operations to reduce expenses and increase market share is nothing new. Two significant changes were the way that companies relocated their factories and the way that countries managed to attract capital inflows. With the government’s accession to the World Trade Organization, competitive costs and receptive investment environment have made Vietnam an ideal location for investors seeking to reduce costs and diversify supply chains. … [Read more...] about American groups make progress across Vietnam
Regardless, domestic consumption will not likely on its own return Vietnam anywhere close to its pre-COVID-19 growth trajectory. Its short-term outlook is therefore closely tied to the global economy’s ability to restart and for the rest of the world’s consumption to return. Most international agencies expect that to begin happening later this year and accelerate the next, with the Asian Development Bank, World Bank and International Monetary Fund all releasing forecasts at the end of the first quarter predicting Vietnam’s GDP growth to reach from 6.8% to 7% in 2021. … [Read more...] about Emerging from the pandemic, Vietnam must position itself for recovery
During a workshop on the Vietnamese workforce in Hà Nội yesterday in preparation for the EVFTA which is expected to come into effect next year after being ratified by both sides, the VCCI’s World Trade Organisation Centre Director Nguyễn Thu Trang said that she feared Vietnamese firms were being too optimistic in perceiving changes the EVFTA would bring to their workforce. … [Read more...] about Firms ’overly-optimistic’ on EVFTA