Vietnam business visa

The country’s trade turnover during January-February topped some US$95.81 billion, a year-on-year surge of 25.4%. Of the total, exports amounted to US$48.55 billion, a yearly hike of 23.2%, while imports were estimated at US$47.26 billion, or 25.9% higher than the same time last year. Foreign-invested companies accounted for 76.4%, or US$37.07 billion, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad US$11.48 billion worth of products. There were nine commodities joining the billion-USD export club, including telephones and parts (US$9.3 billion, up 22.8% year-on-year); electronics, computers and parts (US$6.9 billion, up 27.3%); equipment, machines and parts (US$5.5 billion, up 72.6%); footwear (US$3.2 billion, up 15.4%); and wood and wooden products (US$2.4 billion, up 51%). They made up 73% of the country’s export turnover. Vietnam also saw strong surge in shipments of several agricultural products, such as fruits and vegetables (US$610 million, rising 14.6%), rubber (US$516 million, increasing 109.7%), cashew (US$442 million, up 21.5%), and cassava (US$256 million, hiking 78.2%). The US was Vietnam’s biggest importer as it splashed out US$14.2 billion on Vietnamese products, or 38.2% higher than the amount it spent the same time last year. China came second with US$8.5 billion, followed by the EU with 6.3 billion, ASEAN US$4.2 billion, the Republic of Korea US$3.4 billion, and Japan US$3.2 billion. Meanwhile, the country spent big (US$47.26 billion) on imports, with foreign-invested sector purchasing US$31.64 billion worth of products from abroad for production, up 31.4%, while that of the domestic sector surged 16% to US$15.62 billion. In the two-month period, China was the largest exporter of Vietnam, with revenue estimated at US$17.3 billion, up 85.7% year-on-year, followed by the Republic of Korea with US$8.4 billion, ASEAN US$5.6 billion, Japan US$3.1 billion, EU US$2.3 billion, and the US US$2.1 billion. In a …

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The latest wave of COVID-19 infections in Vietnam is likely to come to an end in late March, according to Professor and Head of the Ho Chi Minh City Delegation of National Assembly Deputies, Nguyen Thien Nhan. Professor Nhan has written an article giving his assessment on the third wave of coronavirus in Vietnam. Nhan Dan Online introduces the full-text of the article as follows. On January 27, the third wave of COVID-19 infections in Vietnam began, when two cases of community infection were found in the two northern neighbouring provinces of Hai Duong and Quang Ninh. On January 28, there were 91 more cases of community infection, and a day later, 61 more were found. Subsequently, local infections spread to 11 other provinces and cities and on February 17, the total number of COVID-19 infections being treated in hospitals was 710. After February 17, the number of infected cases began to decrease gradually, although it saw some fluctuation. Because the level of infection in Vietnam is very low globally speaking and from its experience in responding to the second wave of infections in Vietnam (from July 27 to September 23, 2020), when the number of patients treated in hospitals reached its peak, the infection trend will gradually decrease and this wave of the coronavirus will end in about 60 days. However, in order to predict the development of the third infection wave in Vietnam, it is necessary to analyse the evolution of COVID-19 in the provinces and cities with the largest number of community infection in Hai Duong, Quang Ninh, Ho Chi Minh City and Hanoi. 1. COVID-19 evolution in Hai Duong The development of the COVID-19 infections in Hai Duong, relative to the number of infected cases being treated in hospitals, reflects two trends. One is infection in the community. As infections increase, the number of patients going to hospitals will increase as well as the number of people being treated, and vice versa. Second is the …

[Read more...] about Third wave of coronavirus in Vietnam likely to end by late March

Customers buy farm produce to help Hai Duong farmers at AEON - Long Bien, Ha Noi. — Photo AEON Vietnam To support farmers in the COVID-19 hit region of Hai Duong, grocery giant AEON is selling their produce for zero profit. The move comes after many farmers in the region have been unable to shift their stock, due to lockdown restrictions in the area. Over the past three days, 43 tonnes of farm produce, including cabbage, kohlrabi, carrots, tomatoes, guava pears, have been trucked to big cities for sale. Products are being sold at AEON - Long Biên, AEON - Ha Dong and AEON MaxValu Express Riverside Supermarket (Thanh Xuan, Ha Noi) and AEON MaxValu Express EcoPark (Hung Yen). The items are being sold at low prices, to ensure profits are solely for the farmers. Tran Thu Quynh, Northern Merchandising General Manager at AEON Vietnam, said: “Understanding the difficulties of farmers in Hai Duong, AEON Vietnam would like to join hands to support and promote the consumption of their agricultural products. “We hope the COVIDD-19 situation will become more positive, and the lives of the people here will become stable again." To ensure customer’s safety, AEON Vietnam keeps maintaining and strengthening prevention measures in accordance with government regulations at all of its business locations nationwide as well as during the transportation of agricultural products. In February 2020, AEON Vietnam also participated in the activity of "rescue" agricultural products for farmers in the Southern provinces. In just five days last February, the company consumed nearly 20 tonnes of dragon fruit and nearly 60 tonnes of watermelon. — VNS …

[Read more...] about AEON Vietnam support the consumption of Hai Duong agricultural products