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Joining the global vaccine supply chain will help Vietnam enhance its ability in countering current and future pandemics and achieve a number of its strategic goals, experts said. Vietnam is currently facing an extremely complicated Covid-19 outbreak, in which a high number of new cases and deaths are reported daily over the past weeks, mainly in Ho Chi Minh City and neighboring provinces. There are infection cases of unknown sources detected in many provinces and cities, including Hanoi. The Delta variant is the dominant strain in the fourth wave of the Covid-19 outbreak in Vietnam, due to its high transmissibility. Dr. Pham Cong Hiep (L), RMIT Research Cluster Lead & Dr. Majo George, RMIT School of Business and Management lecturer. Photo: RMIT Vietnam With such a negative development, the Vietnamese health system is under great pressure to achieve herd immunity at the soonest. For that purpose, at least 70% of the entire population of nearly 98 …

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Businesses are in serious difficulty due to the impact of the Covid-19 pandemic. They need timely and substantive support measures from the Government. Household businesses Ho Chi Minh City has allowed 150 businesses and business households to resume operation after three months of social distancing. Photo: Thao Nguyen With over 5 million households doing business, this sector contributes to nearly 32-33% of Vietnam’s GDP. Since the fourth wave of the Covid-19 epidemic broke out in late April, this sector has been in the most vulnerable situation because it has had to suspend operation for the longest time. The Government has requested ministries and agencies to promptly remove difficulties, obstacles and bottlenecks hindering production and business activities in order to minimize the number of enterprises, cooperatives and business households that have to cease operation, dissolve, or go bankrupt due to the impact of the Covid-19 epidemic. Based on that …

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Vietnam’s coffee exports to S Korea forecast to increase Viet Nam's coffee exports to South Korea are expected to increase as the northern Asian market is forecast to have higher demand for imported coffee. The Ministry of Industry and Trade’s Import and Export Department said that South Korea's coffee imports rose in 2020 and the first months of 2021 due to the strong increase in demand for coffee as people stay at home during the COVID-19 pandemic. According to the Import and Export Department, South Korea's coffee imports from Viet Nam in the first half of this year reached about 19,500 tonnes, worth US$30.82 million, up 12.8 per cent in volume and 5.2 per cent in value year on year. Viet Nam's coffee accounted for 20.56 per cent of South Korea's total coffee imports in the first half of this year, a slight increase from the figure of 20.35 per cent in the first half of 2020. The department said coffee is more popular in offices, restaurants and families in South …

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Prime Minister Phạm Minh Chính yesterday attended the opening ceremony of the school year 2021-2022 of the National Defence Academy. — VNA/VNS Photo HÀ NỘI — Prime Minister Phạm Minh Chính yesterday attended the opening ceremony of the 2021-2022 school year of the National Defence Academy (Ministry of Defence). Speaking at the opening of the school year, Senior Lieutenant General, Associate Professor, Dr Trần Việt Khoa, Director of the National Defence Academy, said the 2021 - 2022 school year is the first school year to implement Resolution of the 13th Congress of the Party. The academy is determined to take the lead in implementing the motto "the quality of the school's training is the unit's combat readiness", Khoa said. The academy will focus on improving the comprehensive quality of training and scientific research, focusing on renovating teaching methods in line with the modern education and training …

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Illustrative image (Source: VNA) Hanoi (VNA) – Vietnam needs to shift from “Zero-COVID” strategy to vaccinations as the pandemic and the risk of new outbreaks are still lingering on, according to Dr. Nguyen Duc Kien, head of the Prime Minister ’s Economic Advisory Council . The country should step up COVID-19 vaccine rollouts, and minimise the number of infection and fatality rate, Kien told Sai Gon Giai Phong newspaper. The global economy is on the mend with recovering demand in foreign markets, he said. Vietnam, however, has seen its production capacity and business resilience weakening immensely following prolonged restrictions induced by COVID-19. Lessons from vaccine powerhouses show that Vietnam must accelerate the approval of home-grown vaccines and soon put them into use, he noted. Citing the fact that many studies all around the world indicate that coronavirus vaccines may not provide lifetime immunity so booster shots must be offered annually, he …

[Read more...] about Economist suggests three focuses to revive Vietnam’s economy