Report

illustrative photo Honourees in fast consumption and supermarket group include Central Retail Vietnam, Wincommerce, Saigon Coop, MM Mega Market, Aeon Vietnam, Lotte Vietnam, SATRA, SASCO, IPP Group and Hapro. In electronics and jewelries, the list comprises MWG, DOJI, PNJ, FPT Retail, Saigon SJC, Cao Phong Co. Ltd, Mediamart Vietnam, Viettelimex, Fahasa and VHC. The rankings are based on three criteria, including financial capability based on the latest financial reports, media prestige using media coding method, and results of surveys in August and September 2021. General Director of Vietnam Report JSC Vu Dang Vinh said despite the Covid-19 pandemic, retail sector still expanded in early 2021. According to the General Statistics Office, retail revenue in nine months of this year was estimated at over VND2.7 trillion (US$117.3 million ), down 3.4 percent annually. In August alone, it went down 8 percent month-on-month and 25.3 percent year-on-year, but went up nearly 4.5 …

[Read more...] about Vietnam Report announces top 10 prestigious retailers in 2021

PVI Insurance representatives hand-over VNĐ1 billion to support health-care staffs in Southern provinces. — Photo courtesy PVI Insurance PVI Insurance is mong the country’s top 50 profitable companies in 2020-21, according to the PROFIT500 Ranking by Vietnam Report Joint Stock Company and VietnamNet. It ranked 66th out of 500 private enterprises, up nine places from 2019-20, and 133rd in all sectors, up 20 places. According to a survey of companies by Vietnam Report, increasing investment in digital transformation is the top business strategy to deal with the fallout of the COVID-19 pandemic. Their five expectations when investing in digital transformation are accelerating revenue growth; managing, analysing, and tracking data in a timely and accurate manner; saving costs and achieving operational efficiency; improving labour productivity; and strengthening competitiveness. PVI Insurance, the market leader in non-life insurance in Vietnam, consistently implements the …

[Read more...] about PVI Insurance only insurer among 50 most profitable firms

At the launch ceremony At the launch ceremony, Vice Chairman of Thu Duc City People's Committee Nguyen Ky Phung emphasized that Thu Duc City was established with great expectations of Ho Chi Minh City's leaders. The city was chosen to develop into a creative nucleus, becoming a leading economic sector and center of economy and innovative technologies. The city will gradually be developed into an innovative and highly interactive urban area of Ho Chi Minh City. During the complicated development of the Covid-19 epidemic, the IOC of Thu Duc City has supported the leaders of Thu Duc City in directing disease prevention and control on the basis of data analysis through the GIS application for disease management, spatial analysis, and reports about statistics. However, after its establishment, Thu Duc City has had a fragmented data situation, sporadic connection and consistency. Thu Duc City authority expected to build an unified data system that can be linked with industries to …

[Read more...] about Debut of Smart Operations Center in Thu Duc City

Ha Thanh Hau of Thu Duc City said she has gotten used to working from home during five months of social distancing. She is just one of many office staff in big cities like Hanoi and HCM City who want to continue remote working when social distancing comes to an end. Office staff working from home in HCM City. Hau is a single mother to a six-year-old girl, who still has to stay at home and learn online instead of going to school. Hau said working from home allows her to have more time to take care of her daughter, monitor her learning and keep up with the housework. As the pandemic is still not over she does not want to hire a domestic helper to take care of her daughter. “I prefer to work from home for a while longer, until my daughter is allowed to go back to school,” she said. Nguyen Ha An, who works in an office in Hoan Kiem District in Hanoi, said she has asked her boss to allow her to continue working from home after social distancing ends in Hanoi. An …

[Read more...] about People want to continue working from home, even after lockdown

The central provinces of Quang Nam and Quang Ngai have suffered great losses because of flooding caused by recent torrential rains. The Central Steering Committee for Natural Disaster Prevention and Control reported that up to 5,373 houses were submerged in the districts of Nui Thanh, Thang Binh and Phu Ninh, Tam Ky City and Hoi An City in Quang Nam Province. In Quang Ngai’s Binh Son District, 11,038 houses have also been flooded. In Quang Ngai, around 150 hectares of seafood farms, roads and water supply facilities have been seriously damaged. A road in Quang Nam seriously flooded In addition, 77 hydropower reservoirs in the northern, central and Central Highlands regions are discharging water. In the southern central region, 159 out of 476 reservoirs are full of water. The flooding has left one dead and three others missing in Quang Nam. Hundreds of hectares of crops in the locality have been ruined. A section of the North-South railway running …

[Read more...] about Quang Nam, Quang Ngai hard hit by torrential rains

An additional 3,639 Covid-19 infections were confirmed in the past 24 hours in 53 localities in Vietnam, the Ministry of Health reported on Monday evening. According to the ministry's report, 3,620 of the new patients are locally-transmitted cases confirmed in 53 localities including HCM City (969), Binh Duong (517), Dong Nai (458), An Giang (232), Tay Ninh (163), Bac Lieu (156), Tien Giang (111), Kien Giang (99), and Soc Trang (87). There were 19 imported patients confirmed today. The new infections showed a decrease of 408 cases compared to yesterday's figure. There were 1,573 infections found in the community. As of Monday evening, 887,797 infections have been reported since the new outbreak occurred in the country in late April. Some localities that have recorded the highest number of patients include HCM City (426,090), Binh Duong (229,357), Dong Nai (61,990), Long An (34,301), and Tien Giang (15,737). The outbreak has so far spread to 62 out of 63 cities and provinces …

[Read more...] about Additional 3,639 Covid-19 infections confirmred on Monday

Electronics components being manufactured at 4P Limited Co in the northern province of Hung Yen. — VNA/VNS Photo Pham Kien Viet Nam’s electronics industry, an increasingly important sector of the country’s economy, continues to grow despite the negative impact of the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT). Amid the pandemic, the sector brought home US$77.58 billion over the past nine months of 2021, statistics from the General Department of Customs showed. Of this, the export of handsets and components contributed $41.02 billion, up 11.5 per cent year-on-year. Among major export markets were China with a turnover of $9.8 billion, up 52 per cent, the US with a value of $7.09 billion, up 1.1 per cent and the EU with $5.56 billion, down 18 per cent. Meanwhile, the export value of electronics, computers and components topped $36.56 billion, surging 13.6 per cent over the same period of last year with $9.3 billion from exports to the US, up 26.5 …

[Read more...] about VN’s electronics industry continues to grow despite COVID-19

The retail price of pork at the markets declined by VNĐ50,000 per kilo to VNĐ80,000-120,000 depending on the type of pork. Photo laodong.vn HÀ NỘI — A sharp reduction in pig prices on the domestic market at present is causing difficulties in restoring the pig production industry after the fourth wave of the COVID-19 pandemic. The selling price of live hog is now only VNĐ35,000-36,000 per kilo, causing farmers to lose some VNĐ1.5 million per pig. In addition, now traders buy only 5-10 pigs each time compared to 30-50 pigs in the past, said Nguyễn Văn Chiến, a pig farmer in Bình Dương Province. Chiến is still struggling to sell pigs though the price of live hog is very low, his farm has hundreds of pigs that need to be sold, vov.vn reported. The same situation was also reported at other farms and if that continues, the farmers would not have the opportunity to implement repopulation, Chiến said. Now, this is also occurring at farms of large livestock …

[Read more...] about Lower pig price causes difficulties for recovery of husbandry industry

HCMC proposes six criteria for on-site food service businesses According to the draft regarding safety criteria for food and beverage establishments to resume operations while preventing Covid-19, food service establishments in the southern city are allowed to operate but must ensure six criteria. Among the criteria, a food establishment must have a certificate of food safety eligibility and have a QR code registration at http://antoan-covid.tphcm.gov.vn/. Moreover, eateries must ensure safety criteria in terms of facilities, equipment, and employee and limit the number of people present at the same time depending on coronavirus risks in the area. Additionally, food facilities must be responsible for implementing preventative measures against the Covid-19 epidemic according to the guidance of the health sector. Employees, deliverers, customers must comply with the 5K principles, have to scan QR codes, and strictly follow the instructions of the health sector including …

[Read more...] about HCMC building six criteria for on-site food, beverage businesses

Minister of Agriculture and Rural Development Le Minh Hoan visits Hoang Long Livestock Corporative in Thanh Oai District in Hanoi. (Photo: SGGP) Pork price at only VND35,000 per kg According to the Ministry of Agriculture and Rural Development, currently, a large number of workers in some localities have not returned to big cities to work, schools are still closed, and restaurants receive a limited number of guests, so the consumption of food remains low. This situation led to a sharp drop in the price of pigs. The live pork price was at VND70,000-VND75,000 per kg in March and April, but from the beginning of October until now, it has fluctuated around VND35,000-VND45,000 per kg, even below VND35,000 per kg in some localities for overaged pigs, weighing from 130 kg to 160 kg. In the past 2-3 days, pork prices in some places have increased by VND5,000-VND6,000 per kg as consumer demand tends to climb, and travel becomes more convenient after the pandemic has been gradually …

[Read more...] about MARD proposes support to restore livestock production