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The Hanoitimes - Test results have shown that at least five out of 20 Indonesian sailors have tested positive for SARS-CoV-2 and one suspected case. Five Indonesian sailors aboard Ocean Amazing ship that is anchored off Vietnam’s southern province of Ba Ria-Vung Tau have tested positive for the novel coronavirus, according to the provincial Steering Board for Covid-19 Prevention and Control. Foreign sailors are tested Covid-19 upon entry into Vietnam in December, 2020. Photo: Dong Ha In the steering board’s report, the foreign ship has been on the way to deliver commodities from Indonesia since February 20. When it went across Vietnam’s waters, one of the sailors on the ship died due to an unidentified non-health-related issue. The Vung Tau province's Center for Disease Control (CDC) in coordination with related agencies have taken samples for the remaining 20 sailors on board in the first test for the novel coronavirus. Test results have shown that at least five out of them have tested positive for SARS-CoV-2 and one suspected case, the provincial CDC said. The second test is under way. If it too returns positive, the ship will be sent back to Indonesia for replacing the crew and disinfection before it can return to Vietnam with the cargo. As of February 24, the sailors were still on the ship anchored at sea, and have not carried out procedures to enter Vietnam. Ba Ria - Vung Tau province is waiting for the Ministry of Health’s direction for the case. At the time of writing, Vietnam has had 2,412 Covid-19 cases, 585 still active. …

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The Hanoi Department of Education and Training has recommended local schools should reopen from March 2. Under the proposal sent to the municipal people’s committee, the Hanoi Department of Education and Training said that if there are no locally-infected Covid-19 cases by March 2, then local schools could reopen. It means that Hanoi would have witnessed no community transmission patients for 14 days by then. Schools in Hanoi may be re-opened from March 2 According to the Hanoi Centre for Disease Control, Hanoi has seen no new Covid-19 cases since February 17. People who are being quarantined in Hanoi after coming into close contact with Covid-19 patients have tested negative for the virus or have not shown any suspected symptoms. Despite positive signs, the Hanoi Centre for Disease Control advised local residents to strictly conform to Covid-19 prevention regulations. Meanwhile, HCM City has decided to allow local students to return schools from March 1. By February 22, 51 cities and provinces in Vietnam had reopened their schools. …

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Dinh Quang Hinh, analyst at VNDIRECT Securities JSC, noted that the local economy’s recovery “will slow down”, especially in the next two months. According to Hinh, the tourism industry may still be the most affected by the new COVID-19 wave. Reports from travel and airline businesses showed that many travellers cancelled flights and hotel reservations, and postponed their plans. In addition, the blockade in some localities such as Hai Duong province and the closure of a number of non-essential services in other cities and provinces may reduce the growth rate of several service sub-sectors, especially accommodation, catering, tourism, and entertainment. At a cocentrated quarantine area. Photo: VNA Unfeasible policies Facing the serious impact of COVID-19 on the economy, Assoc. Prof. Dr. Pham The Anh, chief economist of the Institute for Economic and Policy Research (VEPR), said that the country could not pursue macro policies in the same way other countries would do, for example through large-scale monetary easing, due to limited financial resources after years of deficits, coupled with constraints to inflation and exchange rate targets. Vietnam was one of the few countries in the world with positive economic growth in 2020. But this year, according to Anh’s observation, “the policy space is no longer wide” to support economic growth and social security. Last year, the State Bank of Vietnam lowered interest rates three times and supported commercial banks with a VND250-trillion package ($10.87 billion), which is still being deployed. In addition, pandemic prevention and social backup subsidies to ease the impacts of the crisis are also putting great pressure on the budget balance. In 2021, monetary policy, particularly interest rate tools, will see a significantly reduced effectiveness, according to the VEPR’s chief economist. Anh also warned about an asset bubble that is forming in the stock and real estate markets. Last year, property …

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