Vietnam report

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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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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Việt Nam reports 11,527 new cases of COVID-19 on Wednesday, including two imported cases and 11,525 local cases. The local cases are in  HCM (5.435), Bình Dương (4.179), Đồng Nai (930), Long An (191), An Giang (186), Kiên Giang (137), Tiền Giang (89), Cần Thơ (48), Tây Ninh (48), Bình Định (43), Bình Phước (26), Khánh Hòa (21), Đắk Nông (20), Hà Nam (20), Quảng Bình (19), Đồng Tháp (18), Ninh Thuận (15), Phú Yên (14), Đà Nẵng (10), Bình Thuận (9), Thừa Thiên Huế (9), Quảng Trị (9), Bà Rịa - Vũng Tàu (8 ), Bạc Liêu (8 ), Hà Nội (7), Quảng Ngãi (6), Trà Vinh (4), Lâm Đồng (3), Bến Tre (3), Kon Tum (2), Hậu Giang (2), Thanh Hóa (2), Cà Mau (2), Sơn La (1), Nghệ An (1). Among these, 5,870 are detected in the community. …

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Once the province with the highest COVID-19 caseload in Vietnam’s Mekong Delta, Long An has started easing many of its social distancing rules since Tuesday, bringing the pace of life back to a sense of normalcy. Starting 12:00 am on Tuesday, Long An Province has relinquished the stringent social distancing rules under the prime minister’s Directive No. 16 and adopted Directive No. 15, which no longer bans outdoor travels and allows gatherings of less than 10 people. Takeaway food services are allowed to reopen while manufacturing facilities can welcome workers back. However, bus services are still shuttered and people still need to maintain a safe distance in public. The new rules also mention the resumption of construction projects, essential services, banking and credit institutions, the stock market, and public administration services. ATM booths in Long An Province are crowded after the easing of social distancing rules on September 21, 2021. Photo: Son Lam …

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South Korea will donate more than 1 million COVID-19 vaccines to Vietnam in October The commitment was made at President Moon Jae-in's summit with Vietnamese President Nguyen Xuan Phuc on the framework of the United Nations General Assembly, as reported by Korea Herald. According to Park Kyung-mee, spokesperson of the South Korean Blue House, this was the country's first direct commitment of COVID-19 vaccine donation to a foreign country. The decision was made as South Korea and Vietnam had collaborated from the beginning of the COVID-19 outbreak by sharing resources. Since upgrading ties to a strategic cooperative relationship in 2009, the two countries have deepened cooperation in numerous fields, according to Moon and Phuc. Moon expected bilateral trade to reach $100 billion by 2023. A large number of Korean companies in the biopharmaceutical, infrastructure, and banking sectors have been seeking development in the Vietnamese market, which Moon believes requires …

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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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Hanoi will loosen social distancing restrictions step by step after September 21 but still ensure the pandemic prevention and control protocols, said Duong Duc Tuan, vice chairman of the municipal People’s Committee. A noodle stall in Hanoi offers takeaway services. Food stalls in green areas in the city reopened on September 16 but only takeaways are allowed. Speaking at the COVID meeting of the city on Sunday afternoon, he said authorities of districts and towns must prepare preventive plans after September 21 in order to realise dual targets of economic development and pandemic prevention, while at the same time accelerate the administration of the second vaccine shot for residents. Since applying social distancing restrictions on July 24, the capital city has recorded about 71.2 positive cases per day on average. In the fourth period of social distancing over the past two weeks, the number of daily caseload has decreased to around 15 cases per day. …

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Despite the Covid-19 pandemic, the total remuneration for chairmen of many local banks in the first half of 2021 was over VND200 million (over $9,000) per month, higher than the same period of last year. The Board of Directors of the Asia Commercial Bank (ACB) operated with eight members in the first half of this year, with Mr. Tran Hung Huy as Chairman. Accordingly, the total remuneration the bank paid to the members of the Board of Directors during this period was 11.8 billion VND, 32% higher than the same period last year. Thus, the average remuneration for the chairman and members of the Board of Directors of ACB in the first half of this year is about 1.5 billion VND/person, equivalent to 246 million VND/person/month. Compared to the first half of 2020, the above average remuneration of ACB Board members has increased by 60 million VND per month. Similarly, the Board of Directors of the Vietnam Maritime Commercial Join Stock Bank (MSB) operated with six …

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Upon the State Bank of Vietnam’s approval, Pham Quang Dung has been appointed Chairman of the Bank for Foreign Trade of Vietnam (Vietcombank) for the 2018-2023 term. Vietcombank Chairman Pham Quang Dung. Dung was born on April 8, 1973, and holds a Master’s Degree in Banking and Finance from the University of Birmingham (UK). Before being elected as Vietcombank Chairman, Dung was a member of the bank's Board of Directors and General Director from November 2014 to August 2021. In May, Tran Thi Thu Hang, born in 1985, was elected as Chair of Kienlongbank's Board of Directors and is now the youngest female CEO in Vietnam. Hang is the CEO of Sunshine Group. Previously, Duong Nhat Nguyen, 38, was elected Head of the Board of Directors of Vietbank. Before joining Vietbank, he used to be Investment Director of Hoa Lam Development Investment JSC; Chairman and Director of Hoa Lam Pharmaceutical Company Limited and managed many big projects of Hoa Lam Group. Le Thi Thuy, …

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Vials of AstraZeneca COVID-19 vaccine. — AFP/VNA Photo HÀ NỘI — The cause of death of an 82-year-old man in the central province of Nghệ An after receiving a COVID-19 vaccine was not due to vaccine quality or inoculation procedures, local health authorities have announced. On Tuesday afternoon, the professional council for serious complications during COVID-19 vaccination campaign in Nghệ An Province, led by the provincial health department’s director Dương Đình Chính, held a meeting on the death of the elderly man on September 19 in Long Xá Commune, Hưng Nguyên District. On the day, L.H.Y., underwent body temperature checks and medical screening, and he was deemed fit to receive a COVID-19 vaccine. However, just 30 minutes after the shot, he developed symptoms of a stroke. The health workers performed first aid and transported him to Nghệ An Friendship General Hospital in Vinh City, but he didn’t survive. At the meeting, after deliberating on reports from the vaccination …

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