Post independence period

The Hanoitimes - The foreign-invested sector made up 76.4% of Vietnam’s total exports in the first two months with US$37.07 billion, representing an increase of 30.5% year-on-year. Vietnam reported an estimated trade deficit of US$800 million in February, narrowing the trade surplus in the first two months of 2021 to US$1.29 billion in 2019, the General Statistics Office (GSO) has said in a monthly report. Data: GSO. Chart: Ngoc Thuy Overall, Vietnam's trade turnover in the January-February period is likely to rise by 24.5% year-on-year to reach US$95.81 billion, of which its export value could amount to US$48.55 billion, up 23.2% year-on-year, and imports are estimated at US$47.26 billion, up 25.9%. According to the GSO, the foreign-invested sector made up 76.4% of the total exports with US$37.07 billion, representing an increase of 30.5% year-on-year, and the domestic-invested sector with US$11.48 billion, or 23.6% of the total. Among Vietnam’s key export staples, phones and parts are predicted to earn the largest export turnover during the January-February period at US$9.3 billion, up 22.8% year-on-year and accounting for 19.2% of Vietnam’s total exports. In addition, electronic products, computers and components have earned an estimated US$6.9 billion, up 27.3% year-on-year; followed by equipment and parts (US$5.5 billion and up 72.6%); garments (US$4.8 billion and down 0.01%). Data: GSO. Chart: Ngoc Thuy In the January – February period, the US, China, EU, ASEAN and South Korea remained Vietnam’s largest five export markets. Meanwhile, China continued to be Vietnam's largest supplier, selling US$17 . 3 billion worth of goods to Vietnam, surging 85 . 7% year-on-year. South Korea claimed the second place by exporting US$8 . 4 billion worth of goods to Vietnam, up 6.7% year-on-year, followed by ASEAN countries with US$5.6 billion, up 18.5%. …

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Vietnam logs no new COVID-19 infections on March 1 morning Vietnam documented zero COVID-19 infections in the past 12 hours as of 6:00 am on March 1, leaving the national tally unchanged at 2,448 patients, according to the National Steering Committee for COVID-19 Prevention and Control. Earlier, Vietnam reported 16 COVID-19 cases at 6pm on February 28, including 12 locally infected cases in the northern province of Hai Duong, the country's largest COVID-19 hotspot, and four imported cases in the southern provinces of Tay Ninh and Dong Thap. Of the total infections, there were 1,542 domestically-transmitted cases, including 849 recorded since the latest outbreak hit the northern province of Hai Duong on January 27. Ten cities and provinces nationwide have gone through 16 consecutive days without any locally-infected cases of COVID-19, including Hoa Binh, Dien Bien, Ha Giang, Binh Duong, Hung Yen, Bac Giang, Gia Lai, Bac Ninh, Quang Ninh, and Ho Chi Minh City. Meanwhile, Hanoi has recorded 14 straight days of no coronavirus cases. A total 60,693 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 560 at hospitals, 12,298 at other quarantine sites, and 47,835 at home. Among patients under treatment, 62 have tested negative for SARS-CoV-2 once, 53 twice, and 95 thrice. Report from the Treatment Sub-committee showed that Vietnam has seen 1,876 recoveries so far. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering), and khai bao y te (health declaration)./. Hai Duong dissolves COVID-19 treatment hospital No.1 Chairman of the Hai Duong provincial People's Committee Nguyen Duong Thai, who is also head of the provincial Steering Committee for COVID-19 Prevention and Control, on February 27 decided to …

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The Hanoitimes - Hanoi hopes trade link will support its export-driven economy while London is trying to secure trade deals ahead of the transition period after Brexit. Vietnam and the UK have agreed refresh and strengthen their strategic partnership and set the framework for forging ahead in the next decade. Vietnam and the UK look to forge ahead the partnership in the next decade. Photo: MOFA The two sides adopted a joint declaration at a meeting between Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and UK Foreign Secretary Dominic Raab on September 30 during the British diplomat’s visit to Hanoi, the first by a European politician to Vietnam since the start of the Covid-19 pandemic. The declaration, which marks a milestone of 10 years of the Vietnam-UK Strategic Partnership, outlines the UK and Vietnam’s commitment to further strengthening the bilateral partnership. It includes (1) deepening bilateral trade and investment, and pursuing more open trade through global and regional economic integration; (2) co-operating to support sustainable economic growth, and to combat the urgent challenges presented by climate change; (3) working together on shared security challenges through peace-keeping operations, military healthcare and training and maritime security; (4) enhancing ties in education, vocational training, higher education, particularly in the field of science and technology; (5) enhancing bilateral cooperation in defense and security and to combat serious and organized crime; (6) promoting people-to-people links, equal rights, including promoting gender equality and tackling modern slavery; and (7) committing to a closer coordination through multilateral fora, including the United Nations and within the framework of ASEAN. Trade deal dominates the visit To prepare for partnership in the next 10 years, the two sides highlighted the importance of a bilateral trade agreement that dominates …

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