The Hanoitimes - Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10. Vietnam moved up three places to 8th in the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the world’s top freight forwarding and contract logistics providers. Cargos handling at Dinh Vu port, Hai Phong. Photo: Pham Hung Among countries in ASEAN, Vietnam stood at third behind Indonesia (3rd overall) and Malaysia (5th), and was above the likes of Thailand (11th), the Philippines (21st) and Cambodia (41st). According to Agility, Vietnam’s handling of the Covid-19 pandemic has been one of the most successful globally, with data from Johns Hopkins University showing less than 1,500 reports of Covid-19 cases in the country in 2020. The combination of social and economic restrictions with a strict and comprehensive testing and tracing system, saw … [Read more...] about Vietnam named in Agility’s top 10 Emerging Markets Logistics Index 2021
Delta emergency landing
Hanoi committed to promoting distribution of OCOP products
The Hanoitimes - The OCOP program, with a view to honoring prominent craft villages’ goods and products, has been identified by Hanoi’s authorities as one of the solutions to boost domestic consumption. Hanoi is committed to creating favorable conditions for other provinces/cities to sell their products under the national’s One Commune One Product (OCOP) program in the capital city. Vice Secretary of the Hanoi Party Committee Nguyen Thi Tuyen made the statement at the trade promotion event for OCOP products from southern region on December 18. Vice Secretary of the Hanoi Party Committee Nguyen Thi Tuyen at the event. Photo: Pham Hung. The OCOP program, with a view to honoring prominent craft villages’ goods and products, has been identified by Hanoi’s authorities as one of the solutions to boost domestic consumption at a time when the Covid-19 pandemic is causing severe consequences on the local economy. To date, Hanoi has completed the evaluation and … [Read more...] about Hanoi committed to promoting distribution of OCOP products
HCMC resolves difficulties for real estate to boost economic development
On behalf of the real estate enterprises, Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HOREA), said that compared to the previous year, there was an additional petition of Gamuda Land Joint Stock Company. The petition states that while waiting for the Prime Minister to decide on a VND514-billion deduction following the recommendations of the Government Inspectorate, over the past time, construction investment and business activities of the company have been stagnant, affecting the reputation and brand of this company in 10 years of operation in Vietnam. As for the matter of social housing, Mr. Le Huu Nghia, CEO of real estate developer Le Thanh, said that they were considering whether to develop social housing again. Because of too many difficult procedures, many people advised him to play safe by switching to develop commercial real estate. At the Le Thanh Tan Kien social housing project in Binh Chanh District, although the HCMC People's Committee had … [Read more...] about HCMC resolves difficulties for real estate to boost economic development
Added trade potential for Vietnam with UK-EU deals
Prof. Dr. Andreas Stoffers - Country director, Vietnam The Friedrich Naumann Foundation for Freedom The United Kingdom is an important trading partner of Vietnam. In 2020, trade turnover between the two countries amounted to $6.6 billion. With $5.8 billion in exports, Vietnam’s trade balance was clearly positive, which also underlines the country’s strong interest in reaching an amicable agreement with the UK. In recent years, despite the uncertainties associated with Brexit, the growth of trade relations has been unbroken, averaging 12.1 per cent per annum in 2011-2019. The trade relations between the EU and Vietnam are naturally greater given the fact that the EU is the world’s largest market. In 2019, the EU was the second-most important overseas market for Vietnamese products with a total trade volume of $56.45 billion, of which Vietnam’s exports accounted for two-thirds ($41.55 billion). This is 16 per cent of the country’s total export volume. In 2020, exports to the EU … [Read more...] about Added trade potential for Vietnam with UK-EU deals
Sixteen new COVID-19 cases confirmed on Sunday
People in Hải Dương Province wait for COVID-19 tests as part of the province's large-scale testing campaign. —VNA/VNS Photo HÀ NỘI — Sixteen new COVID-19 cases were confirmed in Viet Nam on Sunday evening, including 12 locally-transmitted patients in Hải Dương Province, bringing the total caseload to 2,448. All the new locally-transmitted cases were found in quarantine facilities or isolated areas in Hải Dương, according to the National Steering Committee for COVID-19 Prevention and Control. The four imported patients include three who entered the country via Mộc Bài border gate in southern Tây Ninh Province on February 14 and another who arrived via Thường Phước border gate in the Mekong Delta province of Hậu Giang on February 26. A total of 32 COVID-19 patients were announced on Sunday to have fully recovered. — VNS … [Read more...] about Sixteen new COVID-19 cases confirmed on Sunday