Vietnam report

At present, a total of 9,088 people who had close contact with COVID-19 patients or entering Vietnam from pandemic-hit regions are being quarantined, including 72 at hospitals, 7,150 at concentrated quarantine establishments and 1,866 at home. As many as 307 out of the 329 patients, or 93.3 percent, have been successfully treated. The remaining 22 patients are undergoing treatment at centrally-run and provincial hospitals across the country and are in a stable health condition. Of them, nine patients remained positive for the novel coronavirus SARS-CoV-2, 10 tested negative for the virus once and three tested negative at least twice. … [Read more...] about Vietnam records no new COVID-19 infections in community for 52 days

The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

Viet Nam’s GDP size last year increased by about 1.4 times compared to 2015. The country completed the national target programme on new-style rural area building nearly 2 years ahead of the roadmap, with about 63 per cent of communes nationwide meeting the programme’s standard by the end of 2020, against the set target of 50 per cent. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period

Despite the effects of COVID-19, macro-economic and fiscal frameworks remained stable, with growth of nearly 3 percent. In particular, Prime Minister Nguyen Xuan Phuc affirmed many times that 2020 was a year to launch processes towards a “Digital Vietnam”. From 2014-2020, Vietnam moved up 29 places to 42nd among the 131 countries and territories in the Global Innovation Index from the World Intellectual Property Organisation (WIPO). According to the article, Vietnam’s victory over the pandemic is considered “phenomenal” and the result of consensus between the Party, the armed forces, and the people. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation

Phnom Penh (VNA) – Cambodia’s Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes, Phnom Penh Post reported on January 25. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the Supreme Council of Magistracy, government delegates, the heads of the Phnom Penh Municipal Court and Appeal Court, and some other relevant officials. To prepare for the establishment of the commercial and labour courts, these two committees’ members have been asked to prepare documentation and legal briefs to determine each court’s relationship to the lower courts and the higher courts, including the Appeal Court and Supreme Court. The committees also have to conduct a study to determine the appropriate locations for these courts as well as examine any necessary changes to trade procedures and … [Read more...] about Cambodia to have trade, labour courts by this year’s end