Hogmanay december 31 january 2

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

It had taken just 30 minutes for Cong, deputy head of the laboratory and diagnostic imaging department at the Binh Thanh District medical center, to finish preparing swabbing kits, protective clothing and necessary documents. It was still dark as the 36-year-old Cong, along with four colleagues, began conducting random Covid-19 tests in areas around the Mien Dong (Eastern Region) Bus Station in Saigon for the 12th day. From 5 a.m. to 7 a.m., they worked with local medics to take 100 samples of people from Hanoi and the provinces of Gia Lai, Kon Tum and Dak Lak in the Central Highlands. Then the group quickly returned to their office to start other work. Medics take random swab samples at the Mien Dong Bus Station every morning, February 2021. Photo by VnExpress/Thu Anh. One of them took the samples to the Thu Duc Hospital for carrying out RT-PCR tests. Some received people coming from Covid-19 hotspots to check their medical declarations and take their swab … [Read more...] about Saigon medics break their back to track Covid-19

This increase can be attributed to a hike occurring in the price of education services, coupled with the impact of natural disasters which have recently struck the country’s central provinces. These statistics indicate that October’s CPI recorded an annual increase of 2.47%, while the average CPI during the opening ten months of the year rose by 3.71% compared to the same period last year. Among 11 different categories of goods and services, six witnessed rising prices, including education which rose by 1.35%, housing and construction materials with a rise of 0.29%, beverages and tobacco up by 0.08%, garment and textiles up 0.06%, medicine and medical services up 0.01%. In addition, maintenance and home repair services saw increase of 0.15% and 0.2%, respectively. Furthermore, other commodity and services groups also witnessed a decrease in their price indexes, including culture, entertainment, and tourism which fell by 0.18%, food and catering services which dropped by 0.13%, … [Read more...] about CPI for October records slight increase

The Hanoitimes - The country has approximately nine million of people or around 9% population living in poverty. Poor people are listed among priority groups in Vietnam’s vaccination against Covid-19, which is planned to take place in March. People aged 65 and older are listed in priority groups for Covid vaccination in Vietnam. Photo: VGP According to the United Nations, around 9% of Vietnam’s population or roughly nine million people living in poverty in 2019, a drastic reduction from 57% in 1990. Factors that characterized the poor include large size of household, low education and skills, dependency on agriculture, remoteness in rural mountainous areas, lack of supporting infrastructure. The poor nowadays is also specifically associated with ethnic minorities in mountainous area rather than urban migrants. Under the government’s resolution dated February 26, the poor and social beneficiaries belong to nine groups of people prioritized for the … [Read more...] about Poor people prioritized in Vietnam’s Covid-19 vaccination plan

The Hanoitimes - The daily turnover in Vietnam’s stock market has been extremely high for the last several months, said the head of independent Finish fund manager Pyn Elite Fund. Vietnamese listed companies’ first quarter earnings reports in April will indicate strong earnings growth for many businesses in the year 2021. Petri Derying, portfolio manager of Finland-based Pyn Elite Fund. Source: arvopaperi.fi Petri Derying, portfolio manager of Finland-based Pyn Elite Fund, wrote in a note, discussing the prospect of Vietnam’s economy this year. “Covid crisis is still slowing down many economies, but it is likely, that in the year 2021 we will see strong growth globally due to last year’s poor numbers,” said Derying. According to Derying, there is already evidence of the robust growth in Vietnam’s exports in the first six weeks of the year with a turnover of US$38.57 billion, up 36% year-on-year. “These numbers indicate very strong growth for the whole … [Read more...] about Listed companies’ strong performance in Q1 indicates bright outlook in 2021