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/ February 27, 2021

VIETNAM BUSINESS NEWS FEB. 27

MPI proposes a draft decree on procurement bidding under CPTTP MPI proposes a draft decree on procurement bidding under CPTTP The Ministry of Planning and Investment (MPI) has summited to the Government a draft decree on amending Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership Agreement (CPTTP). According to the MPI, the draft decree will amend and supplement some articles of Decree No 95. It aims to guide State companies to execute bidding packages under the CPTTP agreement and EU-Việt Nam Free Trade Agreement (EVFTA). However, per the Government's Resolution No 190/NQ-CP on the provisional application of the UK-Việt Nam FTA (UKVFTA), Việt Nam agreed to temporarily apply the UKVFTA from January 1, 2021. The agreement was negotiated based on the principle of inheriting commitments in the EVFTA with necessary adjustments to ensure compliance with the bilateral trade framework between Việt Nam and UK. By doing so, the draft decree will avoid amending Decree 95/2020/NĐ-CP many times. The MPI has asked the Government to revise Decree No 95 as follows. The first option aims to implement international treaties on bidding and the second option is to execute the bid for public procurement of goods under the CPTTP, EVFTA and UKVFTA. To boost competitiveness in bidding, the draft decree has stipulated the implementation of bidding related to consultancy services, non-consultancy services and construction services. In the draft decree, bidding packages specified in Appendix II of the Decree No 95 show State companies will decide to allow intra-regional contractors or contractors from member countries of CPTTP to attend only. For bidding packages specified in Appendix III of Decree No 95, State companies can allow intra-regional contractors or contractors from member states of the EU and UK to bid. Regarding the intra-regional procurement bidding for the supply of goods …

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/ February 27, 2021

From saving hunger to world’s best rice title

Great power comes from a small grain of rice On January 26, Vinaseed's shipment of 60 tonnes of premium fragrant rice, imported by Longdan in the UK, hit the shelves of the supermarket chain with a retail price of up to £15.5 (VND465,000) per 10 kg. Longdan is the first enterprise to import rice from Vietnam after the UK - Vietnam Free Trade Agreement (UKVFTA) took effect. In the near future, there will be many enterprises importing Vietnamese rice under the agreement. Previously, on January 13, the first batch of 1,600 tonnes of rice, opening the 2021 export season of the Trung An Hi-tech Farming Joint Stock Company, was sent to Singapore and Malaysia at a price that could not be better, of up to US$750 per tonne. Pham Thai Binh, Director General of Trung An Hi-Tech Farming JSC, said the two types of rice exported in the shipment were Jasmine 85 fragrant rice and Huong Lai fragrant rice; of which, 450 tonnes of Jasmine 85 went to Singapore at US$680 per tonne and 1,150 tonnes of Huong Lai fragrant rice delivered to customers in Malaysia for US$750 a tonne. In addition to the above shipment, Trung An JSC also had an order of more than 2,000 tonnes exported to Germany, continuing to make effective use of the EU-Vietnam Free Trade Agreement that took effect last year. Those are the two shipments that successfully opened the new year for Vietnamese rice, with an expectation of more miracles in 2021 than the previous year. Rice exports in 2020 reached about 6.15 million tonnes, worth US$3.07 billion. Although rice exports decreased by about 3.5% compared to 2019, mainly to ensure national food security, export value increased by 9.3%. The average export price for the whole year is estimated to have been US$499 a tonne, an increase of 13.3% compared to 2019. Vietnamese rice prices have surpassed Thailand, rice has become a prized agricultural commodity with positive growth and is constantly being prioritised in the world market. Looking at the achievements …

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/ February 28, 2021

Middle-east Vietnamese diaspora: vaccination a relief, but it’s not over

Israel is said to be the number one nation in the world in deploying Covid-19 vaccines, followed by the UAE. Israel has administered at least one dose of the U.S.’s Pfizer vaccine to more than 46 percent of its nine million population, and the risk of illness from Covid-19 has dropped 95.8 percent among people who received both shots, Reuters reported. On February 21, Israel reopened large swathes of its economy with the government saying the start of a return to routine has been enabled by Covid-19 vaccines administered to almost half the population. "I had two doses of vaccine at the end of January and mid February and it felt good," said Doan Thi Nga, a Vietnamese living in Jerusalem. She said she suffered some tiredness and pain in the arm after receiving the shot, but these reactions disappeared the next day. She can return to normal life and has got the "green pass" from the authorities, meaning she can go to public spaces such as markets and restaurants; and travel to other places. Nga feels safer now. Three months ago, when her family moved to Israel from Singapore, she was concerned about the way Israelis dealt with the pandemic, which "was not as good as" the Singaporeans. Pham Thanh Lan, a spa owner in Ramat Yishay, a town in the Northern District of Israel, also said she felt fine after two vaccine doses. She too, experienced brief symptoms of fatigue and pain in the injected arm. She is happy now that she can get back to work normally and go anywhere she wants. "I don't worry anymore. I hope that the vaccine will have the highest effectiveness." Awaiting his second shot early March, Nguyen Thanh Long, a technician working on a smart farm in Israel’s Beit She'an City, said he had mild ache in the arm for a day after the first shot. Long also said he believed vaccination was the best way for a country to contain Covid-19 and open the economy up. He said there was a minority in Israel who have doubts about the vaccine. The government …

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