Imports-exports contribute $2.37 billion to State budget in Jan-Feb State budget collection from import-export activities reached 54.76 trillion VND (2.37 billion USD) in the first two months, or 17.38 percent of the estimate and a year-on-year rise of 7.53 percent, according to the General Department of Vietnam Customs. In February alone, the collection was 23.66 trillion VND. As Tet (Lunar New Year) holidays fell in the month, the customs department worked together with relevant agencies to combat smuggling and trade frauds while increasing inspections. The customs force detected 967 cases in total from January 16 to February 15, seizing goods of 258.67 billion VND and contributing 8.6 billion VND to the State budget. State budget collection was estimated at 220.5 trillion VND in total in the first two months of 2021, equivalent to 16.4 percent of the year’s estimate./. Risky to invest in forex trading plaforms: Deputy Governor Forex trading via investment platforms had not been licensed in Viet Nam, posing significant risks to investors, Deputy Governor of the State Bank of Viet Nam Dao Minh Tu warned. Tu said at the Government’s meeting on Tuesday in Ha Noi that the operation of forex trading platforms was currently illegal, adding that the trading of foreign currencies and derivatives must be provided by credit institutions and commercial banks licensed by the State Bank of Viet Nam. Until now, no forex trading platforms had been licensed for trading, he stressed, warning about risks when investing via these platforms. Recently, some organisations like Lion Group called for investments in forex through Fx Trading Markets with attractive interest rates of up to 300 per cent per year and commissions. Lion Group attracted around 40,000 investors nationwide. Tu urged people to be cautious with these appealing calls, adding that there were signs of in-transparencies and frauds. “The skyrocketing profits in the current situation …
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VIETNAM NEWS HEADLINES MARCH 3
Clip expresses gratitude toward doctors in COVID-19 fight A video clip comprising a series of paintings by children on doctors, who are called intimately as white blouse warriors during the COVID-19 fight, has been published recently by the Ministry of Health. The paintings by child artists are part of a campaign initiated by the Vietnamese Ministry of Health and United Nations Children's Fund (UNICEF). They depict doctors as white-blouse soldiers who have relentlessly fought against the pandemic, through which children’s gratitude toward health workers is expressed. The video also conveys a message of solidarity in the fight against COVID-19./. 110 foreign experts to be isolated for COVID-19 combat The administration of Quang Ngai province, central Vietnam, has outlined plans to put a total of 110 foreign experts into isolation in concentrated places in an effort to prevent the potential spread of the novel coronavirus (COVID-19) pandemic. The foreign experts are scheduled to pass though Huu Nghi international border gate in the northern province of Lang Son and then travel to Quang Ngai to work for Hoa Phat Dung Quat Iron and Steel Integrated Complex. The provincial administration requested relevant agencies to create favourable condition for the experts during their travel and quarantine back in Quang Ngai. At present, Quang Ngai is yet to record any positive COVID-19 cases this year, although local authorities have advised relevant agencies to closely control people entering from COVID-19 hotspots in the fight against the virus. Cases that violate the Health Ministry’s COVID-19 prevention and control measures will be punished, whilst local medical workers will take samples for testing of relevant cases, especially foreigners currently working in Quang Ngai. Daily Mail hails Vietnamese driver as hero after saving life of local girl The Daily Mail newspaper of the UK has posted an article hailing the bravery of a local delivery …
World News in Brief: March 4
* Mainland China reported 10 new cases on March 3, matching the figure from a day earlier, the country's national health authority said. * New infections of COVID-19 are dropping in the United States, Canada and Mexico, but in Latin America vaccinations have hardly begun, raising the risk of dangerous new variants emerging, the Pan American Health Organization said. * Brazil's economy shrank by 4.1% last year due to the pandemic, its worst drop in decades, as a devastating second wave threatens to cut short a stronger-than-expected rebound at the end of 2020. * The US Senate is expected to begin debating President Joe Biden's US$1.9 trillion coronavirus relief package on Thursday after agreeing to phase out payments to higher-income Americans in a compromise with moderate Democratic senators. * Europe's medicines regulator said it has started an ongoing review of the Sputnik V vaccine developed by Russia's Gamaleya Institute for possible approval in the region, while the European Commission said that there were no talks under way to buy Russia's vaccine. * Chancellor Angela Merkel and German state leaders have agreed a phased easing of coronavirus curbs along with an "emergency brake" to let authorities reimpose restrictions if case numbers spike again, while France is preparing for a possible easing of restrictions from mid-April. * Italy will administer a single vaccine dose to those who have already been infected with COVID-19, the health ministry said. * Hungary will close all shops except foodstores and pharmacies and shift to remote learning in primary schools as cases are spreading fast. * Brazil set a daily record for COVID-19 deaths for a second straight day on Wednesday, as a resurgence of the virus led Sao Paulo state to shutter businesses and the government to try to clinch vaccine deals with Pfizer and Janssen. * Venezuela's President Nicolas Maduro said authorities have detected the Brazilian variant of the coronavirus in the country. …
