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Export value skyrockets over Lunar New Year Vietnam's export turnover during this Lunar New Year saw breakthrough growth, occupying nearly half of the total export-import turnover. The latest data published by the General Department of Vietnam Customs showed that export volume over the seven days (February 10-16) of the Lunar New Year holiday reached $730 million, rising 79 per cent on-year and accounting for about 44 per cent of the $1.67 billion export-import turnover. The main export articles include mobile devices and components valued at $332 million; computer and electronic products worth $251 million. The two categories accounted for 80 per cent of the total export value. This Lunar New Year saw exports going to 80 markets, seven more than last year. China continues to be the leading export market with a value of $189 million (26 per cent). Following are the US ($152 million), South Korea ($67 million), and Hong Kong ($57 million). According to statistics from the … [Read more...] about VIETNAM BUSINESS NEWS FEB. 28

Vietnam has no COVID-19 case to report on February 28 morning Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control. Among the total, 1,530 were locally infected, including 837 cases since January 27. A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35. Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice. By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19. As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./. First Vietnam medical achievement award calls 16 winners The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting … [Read more...] about VIETNAM NEWS HEADLINES FEB. 28

The 2018 Ba Ria – Vung Tau Sea Festival opened in Vung Tau City on Tuesday, expected to be the greatest sea festival ever held in Vietnam. This is the second time the festival has been organized, with the first one dating back to 2006. Ba Ria-Vung Tau Province is located on the coast of southeastern Vietnam, around 100 kilometers (a two-hour drive) from Ho Chi Minh City. The area is well known to tourists for its beautiful scenery and beaches in Vung Tau, the capital of the province, including Back Beach, Front Beach, and Pineapple Beach. The opening ceremony was held at Cot Co (Flagpole) Park, on Nguyen An Ninh Street of the Back Beach area, where most activities of the festival will take place. With this year’s theme “Connecting the Provinces, Cities of Vietnam – Sustainable Development of Commerce – Tourism and Economy,” the festival will display a large number of the localities’ main activities, specialties, and cultures, according to news page Vung Tau Tin Tuc (Vung Tau … [Read more...] about 28 locales attend sea festival in Ba Ria-Vung Tau

Baker McKenzie’s managing partner Frederick Burke and special counsel Nguyen Thanh Hai The contents of the decision circulated on January 21 is in draft form, while final contents are subject to further reviews by the Ministry of Industry and Trade (MoIT), and consultations with other relevant ministries before the prime minister’s final signature. This draft decision would apply the selection mechanism on a long-term basis. Bidding rounds will be conducted based on a so-called Renewable Energy Development Plan formulated by the MoIT for each 5-year period. A more specific plan will be circulated on a biannual basis. The main investor selection mechanism is a so-called “competitive selection of investors based on project location”, which means that: (i) project location will be chosen/determined by the governmental authorities; and (ii) investors must submit bids to compete for securing the project development right at that pre-selected project location. Under this draft … [Read more...] about Shake-up for solar power investment

>>> Hopes raised for conservation of world’s rarest turtle in Vietnam >>> New individual of world’s rarest turtle found in Hanoi The Hanoi Department of Agriculture and Rural Development, in collaboration with the Asian Turtle Program (ATP) of Indo-Myanmar Conservation (IMC) and the Wildlife Conservation Society (WCS) have made dramatic progress to possibly prevent the extinction of the Swinhoe’s Softshell Turtle. At a Hanoi workshop last week, scientists revealed that genetic testing has confirmed a female turtle captured last October in Dong Mo Lake in suburban Hanoi is definitively a Swinhoe’s Softshell Turtle. This confirmation means that in addition to the one known male Swinhoe’s Softshell Turtle at Suzhou Zoo in China, there is now the female captured in Dong Mo Lake. Authorities believe there is at least one more of these turtles in Dong Mo Lake and yet another in nearby Xuan Khanh Lake. Conservationists hope to at least to capture and … [Read more...] about World’s most endangered turtle finds new hope in Vietnam