Petrol retail prices in the country have been adjusted many times over the past few months, Photo: Le Toan In Vietnam, gasoline prices continue to increase, and after the adjustment on May 11 by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance, each litre of E5 RON92 petrol increased by 6.5 US cents to $1.26 per litre while RON95 climbed by 6.7 US cents to $1.30 per litre. On May 17, the price of US WTI crude oil remained at a high level of over $114 per barrel while Brent oil maintained its upward momentum at $114.28 per barrel. Before the next adjustment, which was due on May 21, petrol prices in Vietnam were forecast to continue to increase to higher levels. The ministries first adjusted gasoline prices on January 11 due to a decrease in global supply, production output by Kazakhstan and Libya, and oil inventories of the United States. According to Decree No.95/2021/ND-CP, effective from January, there will be three adjustments each month to the … [Read more...] about Vietnam riding the wave of inflationary unpredictability
Monday january 21
In northern Vietnam, record rain signals possible unusual natural disasters: weather forecast
Extremely heavy rains have been recorded over the past four days in Vietnam's northern and north-central provinces, with total rainfall amounting to over 800 millimeters in Vinh Phuc, signaling possible unusual natural disasters this year, the National Center for Hydro-meteorological Forecasting has warned. From the early morning of May 21 to May 24, Tam Dao District of Vinh Phuc Province recorded a total rainfall of 808 millimeters, the highest ever compared to the same period of May in the last several years, the center said on Wednesday. This record precipitation was followed by Quan Chu Town in Thai Nguyen Province with 692 millimeters, Kien Thiet Commune in Tuyen Quang Province with 612 millimeters, Xuan Khanh Commune in Thanh Hoa Province with 594 millimeters, Tam Duong District in Vinh Phuc Province with 496 millimeters, Dong Lai Commune in Hoa Binh Province with 442 millimeters, and Phuc Tho District in Hanoi with 396 millimeters. In other localities, the common … [Read more...] about In northern Vietnam, record rain signals possible unusual natural disasters: weather forecast
Vietnamese tech retailers manage to survive Covid-19 pandemic
Many retailers in phone and electronics segments focus on developing online channels to survive during the coronavirus pandemic period. To survive adverse effects of the coronavirus pandemic, many Vietnamese tech retailers have quickly boosted their sales on online platforms as their physical stores nationwide have to close until April 15 to comply with the prime ministerial directive stipulating measures to combat the pandemic. Photo: MWG Significant demand on tech products Mobile World Investment JSC (MWG), the largest tech retailer in Vietnam, saw a surge in demand in online shopping since the beginning of April as more than 10% of its 2,000 phone and electronics stores, mainly in Hanoi, have to close. Dang Thanh Phong, PR manager of MWG, told Hanoitimes that its revenue from online sales accounted for 13% of the total phone and electronics revenue in March, higher than that of the previous months. Due to the closure of its stores, sales in … [Read more...] about Vietnamese tech retailers manage to survive Covid-19 pandemic
Opportunities for e-commerce in Vietnam to boom
Illustrative image. (Photo: SGGP) According to Mr. Nguyen Ngoc Dung, Chairman of Vietnam E-commerce Association (Vecom), in 2021, despite being heavily affected by the Covid-19 pandemic, Vietnam's e-commerce still maintained a good growth momentum with an increase of about 20 percent and a scale of $16 billion. Keeping the growth momentum, Vietnam is now one of the countries with the largest e-commerce market size in the region, besides Indonesia, Thailand, and Malaysia. Vietnam's internet economy in 2021 grew by 31 percent compared to 2020 and reached a scale of $21 billion. Of which, the online retail sector enlarged by 53 percent and touched a scale of $13 billion. There are two waves that have contributed to the steady development of e-commerce in Vietnam in 2020 and 2021 and will be the driving force for the next period. The first wave took place during the early stages of the Covid-19 pandemic in 2020, and the second one from June to September 2021, during the fourth … [Read more...] about Opportunities for e-commerce in Vietnam to boom
Movie making competitions, courses help develop young filmmaker’s creativity
Young director Ho Thanh Thao at the film shoot location of her movie Diem Bao (The sign) that is one of the five selected pictures at the CJ Short Film Project. The CJ Short Film Project organized by CJ Cultural Foundation and CGV Vietnam has been concluded with the five best movies that will be selected for international film festivals in the coming time. 21 projects have been chosen for the Presentation Round at the Green Screen Film Festival which is organized by the Vietnam Film Development Association (VFDA). Participants told stories reflecting environmental issues in the form of a fictional or documentary film. "My Vietnam" short film competition unveiled its nine winners that were selected from 200 submissions. Each project featured the landscapes, customs, habits, and cultural traditions of Vietnamese people. Training providing required skills to the employee of the movie industry has received special attention from film producers. Besides film production degree … [Read more...] about Movie making competitions, courses help develop young filmmaker’s creativity
☀️ Morning digest on May 26
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. Party and State leaders meet with NA ethnic minority deputies (Photo: VNA) - Party and State leaders had a meeting with members of the 15th National Assembly (NA) from ethnic minority groups, on May 25. Read full story - Deputy Prime Minister Pham Binh Minh had meetings with the governors of Kanagawa Prefecture and Gunma Prefecture, Yuji Kuroiwa and Ichita Yamamoto, respectively, on May 25 as part of his ongoing trip to Japan. Read full story - Ambassador Nguyen Hai Bang, Permanent Representatives of Vietnam to ASEAN, has co-chaired the 9th meeting of ASEAN-Korea Joint Cooperation Committee (AKJCC) with the Republic of Korea (RoK)’s Ambassador to ASEAN Kwon Hee-seog. Read full story - Vietnam’s internet economy was valued at about 21 billion USD in 2021, contributing to 5 percent of GDP and rising seven-fold from 2015, heard the Vietnam - Asia Digital … [Read more...] about ☀️ Morning digest on May 26
Conference looks to improve Quang Ninh PCI rankings
Secretary of the provincial Party Committee Nguyen Xuan Ky speaks at the event. (Photo: VNA) Quang Ninh (VNA) – Authorities of the north-eastern province of Quang Ninh held a conference on May 25 on the implementation of tasks and solutions to improve the local business climate and competitiveness. It was also to analysed Quang Ninh’s provincial competitiveness index (PCI) in 2021 and discussed orientations and solutions to sustain good results this year. According to the PCI 2021 report released by the Vietnam Chamber of Commerce and Industry (VCCI), the province gained the highest score of 70.02 percent. This is the fifth year in a row Quang Ninh has topped the charts, and the ninth year it has been in the top five. Addressing the event, Secretary of the provincial Party Committee Nguyen Xuan Ky said Quang Ninh has viewed raising its competitiveness as an important political task, and urged local authorities to step up the settlement of administrative procedures in the … [Read more...] about Conference looks to improve Quang Ninh PCI rankings
Wildlife trafficking rife in southern Vietnam
Tam Nong Market in Tram Chim Town, Dong Thap Province used to be a hotbed of wildlife trafficking in southern Vietnam. Nowadays, however, the flood of endangered wildlife flowing into local markets from nearby Tram Chim National Park and Cambodia seems to have slowed, but across the region traffickers still breed and butcher rare animals. Any animal in demand Though the wildlife trade in Dong Thap is not what it once was, some vendors at Tam Nong Market still deal in rare animals. Tam is one of these vendors. Keeping a watchful eye of the turtles for sale at her stall, she agreed to deliver a large shipment of endangered turtles to an undercover reporter, provided that they would be set free at pagodas. Tai, a vendor at the market who primarily deals in both live and frozen copperheads and banded kraits, claims himself as the biggest wildlife seller in Tam Nong. Turtles up for sale at the Thanh Hoa bird market in Long An Province, southern Vietnam. Photo: … [Read more...] about Wildlife trafficking rife in southern Vietnam
Community programme improves parenting knowledge and skills
The goal of the Sinh Con, Sinh Cha programme is to share knowledge, experience and skills in raising children in the first years of life. — Photo courtesy of Sinh Con, Sinh Cha HÀ NỘI — A community education programme has achieved remarkable results in improving parenting knowledge, skills and behaviours during an 18 month pilot in Việt Nam. An independent report assessing results of the programme shows clear positive impacts on parents’ change in child-rearing and upbringing across all three content pillars of Child Health, Child Behaviours and Child Intelligence, with 85 per cent of parents surveyed agreeing that the programme helped improve their parenting knowledge and skills. Up to 97 per cent of the parents have changed their parenting approaches as suggested by the programme and made positive changes to their perceptions and behaviours: parents spend more time with their children; reduce parenting anger and the use of negative practices in dealing with various parenting … [Read more...] about Community programme improves parenting knowledge and skills
Localities urged to step up Covid-19 vaccination
According to the ministry, some localities have recently proposed not receiving vaccines or transfer the allocated vaccines, leading to the fact that the COVID-19 vaccination target is likely to be missed. In a recent statement, it stressed that any locality, which don’t receive enough vaccine for the 3rd and fourth shots or let the pandemic occur, will bear responsibilities before the Government and the Prime Minister. The number of vaccines received by the ministry is enough to give the 3rd and 4th shots, it said, requesting localities to set up plans and organize the inoculation of third shots for eligible people. As of May 21, more than 219 million doses of COVID-19 vaccines have been administered nationwide. Localities have made great efforts in rolling out vaccination campaigns to ensure its safety and effectiveness and achieve a high vaccination rate./. VNA … [Read more...] about Localities urged to step up Covid-19 vaccination