Lunar new years

By May 20, the country had injected 219,047,772 doses of COVID-19 vaccine s (Photo: VNA) Hanoi (VNA) – New cases of COVID-19 dropped strongly to under 100 in many localities on May 21, with a total 1,457 new case s recorded in the past 24 hours from 4pm May 20 to 4pm May 21, according to the Ministry of Health. Hanoi still reported the highest number of infection s on the day with 370 cases, followed by Nghe An with 95 and Vinh Phuc with 91. The national tally reached 10,707,568. A total 3,069 COVID-19 patients were given the all clear on May 21, bringing the number of recoveries so far to 9,393,101. There are 221 patients needing breathing support, while no death was recorded in the past 24 hours. The total fatalities stood at 43,075. By May 20, the country had injected 219,047,772 doses of COVID-19 vaccines, including 3,385,880 first doses and 19,600 second doses for children from five to under-12 years old./. VNA … [Read more...] about COVID-19: New cases drop strongly in many localities on May 21

An employee passes electronic boards showing share prices inside Hồ Chí Minh Stock Exchange in HCM City. — VNA/VNS Photo Hữu Khoa HÀ NỘI — An upgrade to emerging status will not only help the stock market develop quickly, transparently and sustainably, but also attract huge foreign capital inflows, said experts. Recently, the Government has directed to purge the market and improve the trading system’s capacity, showing its determination to enhance the quality of the stock market. The refinement is to protect investors and open a door for the Vietnamese stock market to be upgraded from a frontier to an emerging market. Prime Minister Phạm Minh Chính has taken an interest in the development of the capital market and the stock market, including the matter of upgrading the market. During a trip to attend the ASEAN-US Special Summit, on May 16, the PM visited the New York Stock Exchange (NYSE) – the largest stock exchange in the world – hoping it supports and shares experience to … [Read more...] about Upgrading the market for the sake of all participants

Vietnam’s seafood exports to the EU are expected to increase sharply in 2022 Preferential fishery product tariffs The EVFTA, which took effect on August 1, 2020, has provided great opportunities for Vietnam’s seafood exports to the EU thanks to a series of commitments on preferential tariffs. Under the EVFTA, among about 220 tariff lines of fishery products with rates ranging from zero percent to 22 percent, most tariff lines in the high range of 6-22 percent were reduced to zero percent immediately after the trade deal took effect. The remaining tax lines will be phased out to zero after 3-7 years. Shrimp is a major export benefitting from the new tariff scheme’s zero-percent tax rate for 3-5 years, while tariffs on frozen tra fish have been reduced to zero percent for three years. Other seafood, such as oysters, scallops and octopus, also enjoy zero-percent tax rate. In addition, the Russia-Ukraine war and sanctions imposed on Russia have offered Vietnam with … [Read more...] about Vietnam’s seafood exports to EU going swimmingly well