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/ February 26, 2021

Vietnam records five new Covid-19 cases

"Patients 2422, 2423, 2425 and 2426" from Hai Duong were already in quarantine. They are being treated at field hospitals in the northern province. "Patient 2424" is a 24-year-old woman from Thoi Lai District, Can Tho City, who entered Vietnam illegally through the border at Hong Ngu District, Dong Thap Province on February 23 and was quarantined soon after. Her test results returned positive for the novel coronavirus on February 25. In the past 29 days, Vietnam has recorded 831 community transmissions in 13 localities. Hai Duong is the biggest hotspot with 647 cases, following by Quang Ninh with 61 and HCMC with 36. Ten of these localities haven’t recorded new community transmissions for the past 14 days. With the latest cases, the nation’s Covid-19 tally has increased to 2,426 with 1,839 recoveries and 35 deaths. …

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/ February 26, 2021

Retired deputy minister becomes bank president

VietBank’s president has unexpectedly resigned and his position has been transferred to a former government official. VietBank's chair of the board of directors Bui Xuan Khu VietBank has announced that Duong Ngoc Hoa resigned from the post of chair of the board of directors on February 23 and the office has been taken by Bui Xuan Khu, who was Deputy Minister of Industry Trade. Khu became a member of the bank’s board of directors in 2011 after he retired. Later, he acted as deputy chair of the board of directors until he was appointed president of the bank. Khu is the next former high-ranking official to become a bank president. Le Thi Bang Tam, former Deputy Minister of Finance, is now president of HDBank and president of Vinamilk. Tam joined Vinamilk in 2013 as an independent member of the board of directors. She has been president of the nation’s leading dairy producer since 2015 and president of HDBank since 2010. She is also a senior advisor to some foreign financial institutions. A lot of former government officials became businessmen after their retirement. Tran Xuan Gia, former Minister of Planning and Investment Tran Xuan Gia, became the president of ACB in 2008-2012. Gia, together with a lot of former senior managers of the bank, including Ly Xuan Hai, Le Vu Ky and Trinh Kim Quang, were investigated in a case related to Nguyen Duc Kien, or ‘Mogul Kien’. Kieu Huu Dung, former director of the Banks and Non-bank Credit Institutions Department, served as president of Sacombank in 2014-2017. He later became president of ACB Securities and president of Sacombank Securities. The other officials included Pham Viet Muon, who was Vice Chairman of the Government Office, Cao Sy Kiem, former Governor of the State Bank of Vietnam (SBV) and Truong Van Phuoc, former head of SBV’s Foreign Exchange Management Department. Former Deputy Minister Bui Xuan Khu, who joined VietBank in 2011, also has a lot of business experience as he was general …

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/ February 26, 2021

Vietnam’s biggest coronavirus hotspot records four more cases

All of the four new patients had come into close contact with COVID-19 cases, the ministry said in its 18.00hrs update. The outbreak has been brought under control in Hai Duong as only several cases have been detected these days as opposed to dozens a week ago. Hai Duong has taken drastic anti-coronavirus measures, including a two-week social distancing order, starting on February 16. The virus recurred in Vietnam less than a month ago and has spread to 13 cities and provinces across the country. As many as 831 new infections have been since confirmed, including 647 cases in Hai Duong alone. The same day, 35 COVID-19 patients were discharged from hospital after making a full recovery from the disease. Of them, 27 are in Hai Duong province. Also on February 26 the Ministry of Health announced another imported case returning to Vietnam from overseas. The 24-year-old Vietnamese patient was said to have illegally crossed the land border into the Mekong Delta province of Dong Thap on February 23. She tested positive for the SARS-CoV-2 virus two days later. Among active cases, an elderly patient in Da Nang city, central Vietnam, is in critical condition and has been relying on ECMO, a sophisticated therapy to save patients in critical condition. The patient has suffered from hypertension and diabetes for years. …

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