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 …
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VIETNAM NEWS HEADLINES MARCH 4
HCM City: early start proposed for over VND4.8 trillion traffic project Traffic congestion on Cong Hoa road The Ho Chi Minh City management board for traffic works construction and investment has urged early completion of paperwork for construction on a road linking Tran Quoc Hoan and Cong Hoa roads to begin in December. Costing more than 4.84 trillion VND (211.2 million USD), the project is slated to complete in July 2023, in conjunction with the completion of the Tan Son Nhat international airport’s Terminal 3 The project, approved in December 2019, includes the building of a six-lane 4km road, an intersection tunnel, and a 1,200m overpass in front of the Terminal 3. Apart from the project, the city also conducting procedures to implement the expansion of Hoang Hoa Tham road and upgrading of Cong Hoa road around the Tan Son Nhat airport. The construction of both projects was initially set to begin in 2020 but it was delayed due to problems in site clearance./. No COVID-19 infections logged on March 4 morning Vietnam documented no COVID-19 cases in the past 12 hours to 6:00 am on March 4, keeping the national tally unchanged at 2,482 patients with 1,566 domestically-transmitted cases, according to the National Steering Committee for COVID-19 Prevention and Control. The country has 51,572 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas under quarantine nationwide, including 533 at hospitals, 13,776 at other quarantine sites, and 37,263 at home. Among the patients under treatment, 66 have tested negative for SARS-CoV-2 once, 37 twice, and 113 thrice. The Treatment Sub-committee said that 1,898 patients have been declared clear of the coronavirus so far. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering) and khai bao y te (health …
What COVID-19 vaccine is available in Vietnam and who can get it?
Vietnam is expected to secure 90 million doses of COVID-19 vaccine in 2021 and has already announced a list of target groups eligible to receive the first available shots. The Southeast Asian country received its first COVID-19 vaccine shipment on February 24 – a batch of 117,600 doses of COVID-19 vaccine developed by AstraZeneca, a British-Swedish multinational pharmaceutical company, and the University of Oxford. The Ministry of Health said last week that the country aims to obtain 90 million COVID-19 vaccine doses by the end of the year, including 30 million through the COVAX scheme co-led by WHO, 30 million through AstraZeneca, and the rest through negotiations with U.S. producers. Talks were also taking place to secure Russia’s Sputnik V jab, the ministry added. Prime Minister Nguyen Xuan Phuc has requested the Ministry of Health to begin COVID-19 vaccination for prioritized groups by the end of this week. As soon as the proper logistics are in place, vaccinations will be rolled out in provinces and cities with ongoing pandemic outbreaks, urban areas with large populations, and important transport hubs. Health workers and employees of steering committees for COVID-19 prevention and control in these localities will be among the first to be immunized. Vietnam is also developing four COVID-19 vaccines on its own. Among them, Nanocovax, developed by Ho Chi Minh City-based Nanogen Pharmaceutical Biotechnology JSC, entered its second phase of human trials on February 26. Target groups According to Resolution No. 21 issued by the central government on February 26, the target groups prioritized to receive COVID-19 vaccinations are: - Frontline workers (health workers, staff members of all-level steering committees for COVID-19 responses, employees of quarantine facilities, and reporters, among others) - Diplomats, customs officers, and export-import officers - Military forces - Public security forces - Teachers - People aged above 65 …
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