An additional 1,275 new Covid-19 infections were confirmed on Thursday, raising the national tally to over 10.71 million, according to the Ministry of Health. According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 33 out of 63 localities in the country with some localities seeing the highest numbers including Hanoi (309), Vinh Phuc (92), Nghe An (83), Phu Tho (80), and Danang (61). As of Thursday evening, the number of Covid-19 patients in Vietnam has increased to over 10.71 million. The country now stands 12th among 227 countries and territories worldwide in the number of infections. On May 26, an additional 7,223 more patients recovered from the disease, raising the number of recoveries in the country to over 9.42 million. On Thursday evening, no deaths related to Covid-19 were announced. The total fatalities stood at 43,078. By May 25, the country had injected more than 220 million doses of Covid-19 vaccines, including over … [Read more...] about Vietnam reports additional 1,275 fresh Covid-19 cases, no death
Sentenced domestic violence cases
COVID-19 new cases in Việt Nam on May 26 afternoon
Cases in Hà Nội (309), Vĩnh Phúc (92), Nghệ An (83), Phú Thọ (80), Đà Nẵng (61), Yên Bái (55), Quảng Ninh (52), Nam Định (44), Lào Cai (42), Tuyên Quang (40), Hồ Chí Minh City (37), Hải Dương (36), Thái Nguyên (33), Quảng Bình (30), Thái Bình (27), Bắc Kạn (24), Quảng Trị (24), Hà Tĩnh (18), Hà Nam (16), Cao Bằng (15), Hải Phòng (14), Ninh Bình (13), Hòa Bình (13), Lai Châu (13), Hưng Yên (10), An Giang (10), Hà Giang (9), Lâm Đồng (9), Lạng Sơn (8 ), Sơn La (8 ), Tây Ninh (7), Thanh Hóa (7), Bắc Giang (7), Bà Rịa - Vũng Tàu (4), Gia Lai (4), Bình Phước (3), Bình Định (3), Bình Thuận (2), Vĩnh Long (2), Đồng Tháp (2), Kiên Giang (2), Cà Mau (2), Khánh Hòa (1), Bình Dương (1), Thừa Thiên Huế (1), Bến Tre (1), Hậu Giang (1). … [Read more...] about COVID-19 new cases in Việt Nam on May 26 afternoon
COVID-19: New cases total 1,323 on May 24
Illustrative image (Source: VNA) Hanoi (VNA) – A total 1,323 new cases of COVID-19 , including 1 imported case, were recorded in the past 24 hours from 4pm May 23 to 4pm May 24, according to the Ministry of Health . Hanoi still reported the highest number of infections on the day with 321 cases, followed by Vinh Phuc with 98 and Phu Tho with 94. The national tally reached 10,711,389. A total 6,495 COVID-19 patients were given the all clear on May 24, bringing the number of recoveries so far to 9,412,403. There are 216 patients needing breathing support , while no death was recorded in the past 24 hours. The total fatalities stood at 43,076. By May 23, the country had injected 219,250,009 doses of COVID-19 vaccines, including 3,447,331 first doses and 47,024 second doses for children from five to under-12 years old./. VNA … [Read more...] about COVID-19: New cases total 1,323 on May 24
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
Hanoi promotes sustainable rice production
The city has supported localities in building large-scale rice farming and encouraged businesses to expand distribution networks in the domestic market and exports. Hanoi is promoting sustainable rice production as a key solution to meet the growing demand for domestic consumption and exports. A delegate of the Hanoi's Department of Agricultural and Rural Development inspects organic farming production at Thach That District. Photo: Anh Ngoc Organic rice farming in Dong Phu Commune, Chuong My District, is considered one of the examples of rice production under the value chain. The Director of the Dong Phu Organic Agricultural Cooperative Trinh Thi Nguyet said from the original area of five hectares, the cooperative has now expanded its production area to 40 hectares. “The entire crop harvested would be later processed and distributed to other provinces/cities, as well as for exports,” Nguyet told The Hanoi Times . According to Nguyet, prices of … [Read more...] about Hanoi promotes sustainable rice production
IPEF should treasure openness, inclusiveness and transparency: foreign ministry
The regional framework should be in line with international laws and ASEAN Centrality. Vietnam has highlighted the role of international economic initiatives when talking about the Indo-Pacific Economic Framework (IPEF) which was launched by the US three days ago. “Vietnam has joined a number of international economic initiatives that help make the most of domestic and foreign resources, serving the country’s development,” Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs (MoFA) said today. Hang made the statement at the press conference on May 26 when talking about Vietnam’s participation in the launch of IPEF through a speech delivered by Prime Minister Pham Minh Chinh. Chinh said the launch of IPEF will kickstart a serious discussion in exchange of ideas towards addressing critical regional and global issues together, issues that no one can address on their own like ones on a global scope – supply chains diversification and resilience, technological … [Read more...] about IPEF should treasure openness, inclusiveness and transparency: foreign ministry
Carriers add flights to summer holiday roster
Vietnam Airlines Group said it plans to provide 32,400 domestic flights between June and August during the peak summer travel season, up 10 percent against the same period in 2019, the year before the onset of the Covid-19 pandemic. There would be 160 daily flights connecting Vietnam’s three biggest cities Hanoi, Ho Chi Minh City and Da Nang. It will also operate over 3,600 international flights during the period, 40 percent of pre-pandemic time. Vietravel Airlines said it will increase the frequency of flights from Hanoi to HCMC and Da Nang by two a day from June. Air tickets for domestic routes between June and August are nearly fully booked. The carrier also plans to launch charter flights from HCMC to Jakarta and Can Tho to Bangkok, but the schedule has not been determined. A representative of Vietravel Airlines, which was launched in December 2020 amid the turbulence created by the pandemic, said the carrier is facing many difficulties like personnel and aircraft … [Read more...] about Carriers add flights to summer holiday roster
Vietnam expecting to spend even more on imports
Vietnam expecting to spend even more on imports - illustration photo Southeast Asia is facing rising inflation, a problem that is exacerbated by the failure of energy and food prices to fall. Last month, the Monetary Authority of Singapore (MAS) tightened monetary policy for the third time since October to deal with inflation that is expected to heat up. According to analysts, the MAS has redefined the midpoint of the popular exchange rate policy band and slightly increased the slope of currency appreciation to help the Singapore dollar strengthen against the currencies of other countries. However, the MAS did not change the width of its policy band – a move the institution usually would take when markets are volatile. As a result, the Singapore dollar rose about 0.5 per cent to $1.35 after the MAS’ move. The agency considered the possibility that core inflation would pick up sharply in the coming months, before being revised later this year, due to the sharp increase in … [Read more...] about Vietnam expecting to spend even more on imports
Vietnam riding the wave of inflationary unpredictability
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
Will Vietnam become a big geopolitical beneficiary?
Kevin Coppel, Asia-Pacific managing director (left ) and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore When the US-China trade tensions bubbled over in 2018, corporates found it increasingly difficult to carry out business in China due to sourcing uncertainties and rising costs. This trend only worsened in the face of the pandemic and resulting border closures. Businesses responded by pursuing opportunities to set up bases outside of China while still retaining a stake in one of the world’s strongest economies. The China+1 strategy thus emerged. It is based on diversifying its supply base into other countries in order to minimise the risk of disruptions arising from geopolitical tensions, trade wars and tariffs, as well as rising labour costs. These companies are not abandoning China but rather giving themselves options, enjoying the best of what China and other economies have to offer. In pursuit of the China+1 strategy, the spotlight is naturally … [Read more...] about Will Vietnam become a big geopolitical beneficiary?