Export value skyrockets over Lunar New Year Vietnam's export turnover during this Lunar New Year saw breakthrough growth, occupying nearly half of the total export-import turnover. The latest data published by the General Department of Vietnam Customs showed that export volume over the seven days (February 10-16) of the Lunar New Year holiday reached $730 million, rising 79 per cent on-year and accounting for about 44 per cent of the $1.67 billion export-import turnover. The main export articles include mobile devices and components valued at $332 million; computer and electronic products worth $251 million. The two categories accounted for 80 per cent of the total export value. This Lunar New Year saw exports going to 80 markets, seven more than last year. China continues to be the leading export market with a value of $189 million (26 per cent). Following are the US ($152 million), South Korea ($67 million), and Hong Kong ($57 million). According to statistics from the General Department of Vietnam Customs, there were 960 import-export businesses, up 59 per cent on-year. Nevertheless, importers still outnumbered exporters with an import turnover of $940 million, up 37 per cent on-year. Thus, from early this year to February 16, the total export-import turnover reached $74.51 billion, up 31 per cent on-year. Of this, exports hit $38.57 billion, up 36 per cent on-year while imports reached $35.94 billion, up 26 per cent, resulting in a trade surplus of $2.63 billion. Drug market forecast to grow by 15 per cent in 2021 The pharmaceutical industry grew by just 2.8 per cent last year, much lower than its average 11.8 per cent growth in the last five years. It is expected to recover and grow by 15 per cent this year, mainly due to a rapidly ageing population and increasing incomes, analysts at SSI Securities Corporation said. Last year there was a short supply of active pharmaceutical ingredients from China and India due to social distancing and …
Mid america industrial park
“COVID-19 Park” – a message of belief in victory over the pandemic
The park, located at a tourist sculpture tunnel at Tuyen Lam Lake National Tourist Complex, Da Lat city, Lam Dong province, has attracted the attention of locals and tourists from the first days after its launch. It was initiated by Trinh Ba Dung, General Director of the Sculpture Tunnel Tourist Site, who also tells the story of Da Lat's history with a complex of clay sculptures under a 1,200m-long tunnel at Tuyen Lam Lake National Tourist Complex. The park lies under a pine forest canopy. Mr. Dung is also the person that brought the Kilo submarine to the mountain, in the Submarine Tourism Area on the Mountain in Cam Lam district, Khanh Hoa province, with the model of a submarine same shape and size as the Kilo submarine of the army at Cam Ranh Port, by which he hopes to send the message that Vietnam is hospitable, peace-loving and ready to fight to protect the country. “The world has admired Vietnam in its battle against the COVID-19 pandemic. I really appreciate the Vietnamese spirit and the Government's decisive and timely leadership, which has brought about very good results. That helped me form the idea of building this park, thereby, continuing to send the message of a safe and peaceful Vietnam to international friends,” said Dung. Mr. Trinh Ba Dung introduces a model to send the message of "Only leave your house when it is really necessary". On the large steel clock placed at the entrance, each hour is an anti-epidemic measure (keep distance, disinfection, medical declaration, wear face masks etc), essential items for epidemic prevention (field hospitals, disinfection spray, breathing apparatus, communication) and 12 o'clock features the Vietnamese people unanimously joining the Government to repel the epidemic. The number 2021 also communicates a belief in the defeat of the coronavirus. At position 0 (2020) is standing the coronavirus. At number 1 (2021), there is a model featuring medical staff defeating the evil virus and …
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Vietnam aims to regulate up to 90% of industrial waste by 2025
The goal is part of the industrial environmental protection plan for the next five years which was recently approved by Deputy PM Trinh Dinh Dung. The plan is designed to control sources of waste, minimise environmental incidents, recognise environmental issues in the coming period, and promote sustainable production and consumption. Under the plan, 80% of ash, slag and gypsum from power stations, chemical and fertiliser plants will be recycled and processed into manufacturing and construction materials. Measures will be taken to promote the use of environmentally friendly bags at supermarkets and shopping centres with the ultimate goal of replacing non-biodegradable plastic bags. Under the plan, risks will be identified towards introducing environmental protection policies for energy projects such as waste to energy, wind power and solar power, as well as for some other sectors. Over the next five years, all enterprises in industry and trade will be educated on the laws and regulations on environmental protection. …
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