Vietnamese and Japanese firms receive support to expand operations The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic. According to a representative from the JETRO, the business matching programme will see the participation of 40 Japanese companies for the purpose of accelerating the development of the country’s supporting industry. At present, the scheme has received registration for 50 negotiations from enterprises from Japan, Vietnam, and Taiwan (China), whilst it is still receiving registration from businesses wishing to purchase and seek Japanese suppliers in the Monozukuri field until March 1. A recent survey conducted by the JETRO unveiled that Japanese businesses remain keen on the Vietnamese market as the country is viewed as an alternative investment destinations for Japanese enterprises looking to move away from China due to the COVID-19 pandemic. The survey indicates that approximately half of Japanese enterprises in the nation plan to expand their production activities, while roughly 70% of them seek opportunities to increase revenue in the local market. Most notably, 46.8% of Japanese enterprises unveiled that they have initiated plans to expand their business in the nation over the course of the next two years, with the expansion rate ranking fourth, the highest in the Asia-Pacific region. Japanese enterprises have therefore attributed their expansion to an increase in revenue in the domestic market and high growth potential. Furthermore, Japanese firms are also considering re-establishing some supply chains which have been impacted by the COVID-19 pandemic, with Vietnam able to capture the attention of suppliers and buyers of materials globally. VN-Index finishes lower as …
Science technology human values
VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)
Many elderly people join 2nd stage of Nano Covax vaccine trials A total of 367 volunteers, including 30 aged over 60, have been injected with Nano Covax, Vietnam’s first homegrown COVID-19 vaccine candidate, in the second phase of its human trials, according to the Military Medical University. The second stage has been conducted by the university and the Ho Chi Minh City-based Pasteur Institute since February 26. It has been carried out at the university in Hanoi and the medical centre of Ben Luc district in the southern province of Long An, with the participation of 560 volunteers aged from 12-75, including 80 aged over 60. They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose. Volunteers receiving shots on the morning of February 26 will receive the second doses in late March. Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent authorities have been prepared for all scenarios and ensure safety for all volunteers. Results of the trial will be announced in May 2021 before preparing for the third-stage trial during which only one single shot of the vaccine will be administered to 10,000-15,000 people from both domestic and foreign pandemic-hit regions, Quyet added. Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Hanoi-based Military Medical University, Nano Covax is Vietnam’s first COVID-19 vaccine to reach the human trial stage. The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against the B117 variant from the UK. Vietnam is one of 40 countries and territories in the world to have begun human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early in the pandemic./. National university processes complaint of lecturers in …
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Digital transformation and the digital economy
The fourth industrial revolution, digital transformation and the digital economy are mentioned many times in documents of the 13th Party Congress. VietNamNet would like to introduce the speech delivered by Minister of Information and Communications Nguyen Manh Hung at the congress. Minister of Information and Communications Nguyen Manh Hung. Photo: Pham Hai The desire to develop a prosperous and happy country and the desire for a mighty Vietnam have been aroused. The flag has been raised to gather all of Vietnamese people. The way to the target has been shown, which is science and technology, innovation, the 4th industrial revolution, digital transformation, and digital economy. The decisive factor for success is Party building and reorganization tasks so that people always believe in the Party's leadership. Digital technology, digital transformation, digital economy, and digital age are a process occurring over decades. It is a global trend, an irreversible process. The physical world is being digitized. Real life is being brought into cyberspace. The process of creation, production and business is taking place more and more in cyberspace. With the emergence of the 4.0 industrial revolution, with the push of the world Covid-19 pandemic, the world is at the breakthrough point in the digital transformation process. This is an opportunity for Vietnam to realize its aspirations for building a mighty and prosperous country. Digital economy includes economic activities that use digital information and digital knowledge as the main production factor. It uses the Internet and information networks as space for operation; and uses ICT, i.e. electronics, telecommunications and information technology, to increase labor productivity and to optimize the economy. Simply, the economy is related to digital technology. In a narrow sense, the digital economy is only related to the ICT sector. In a broad sense, these are areas that are close to digital …
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