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Illustrative photo This figure shows that if the City's economy was to stop for just one day, the loss would be phenomenal, and the consequences felt across society, with the economy taking an even more severe and drastic hit. Pandemic still unrelenting Exactly a year ago, at the beginning of April 2020, more than 97 million Vietnamese people implemented Directive 16 of the Prime Minister. Specifically, social distancing was conducted for fifteen days to fight and contain the Covid-19 pandemic. A week earlier, on 27 March, as per Directive 15, the Government expressed an extremely important anti-pandemic viewpoint which stated that we must be prepared to face economic losses to prevent the pandemic from spreading, as protecting lives was a far more important prerogative of the Government. At that time, the choice between protecting the health of people or saving the economy was a difficult choice for most countries in the world, when the outbreak of the Covid-19 pandemic … [Read more...] about Ho Chi Minh City targets phenomenal growth

Hyundai Accent remains the best-seller (Photo: hyundaidongdo-24h.com) Hanoi (VNA) - Hyundai Thanh Cong’s automobiles sales in March expanded 125 percent month-on-month, lifting its sales in the first quarter of 2021 to 15,886 units, data released on April 12 showed. Specifically, Hyundai Accent remained the best-seller with 2,094 units sold in March, bringing the total sales to 4,808 in the first three months of this year. Its price ranged from 426 – 524 million VND (18, 451 - 22,696 USD), competing directly with Toyota Vios, Honda City, Nissan Sunny and Kia Soluto, Mitsubishi Attrage and Suzuki Ciaz. Hyundai Grand i10 recorded a sale growth of 152 percent with 1,293 units delivered to customers in March, pushing the total to 3,199 in Jan-March.  Competing directly with Vinfast Fadil, Kia Morning, Toyota Wigo and Honda Brio, the brand fetched 315 – 415 million VND (13,643 - 17,975 USD) each. Other models also witnessed remarkable growth. Hyundai Tucson and Hyundai … [Read more...] about Hyundai automobile sales rise125 percent in March

After three-years of operation, theMay has gained a position in the country’s fashion industry and received high appreciation from customers both at home and abroad. It was recently honoured as the Best Jewellery Brand in 2020 in a vote by Vietnamese fashion lovers. With the aim of promoting and safeguarding traditional crafts, theMay has maintained a close connection with local craftsmen by hosting training classes and exhibitions from handmade jewellers as well as auctions to raise funds for the Centre for Community Development under the Vietnam’s Union of Science and Technology Associations. Born in Gia Lai province, Thanh Van came up with the idea of founding theMay when she lived and worked and Japan. Whenever she met international friends and colleagues, she found that she a few options in respect of giving typical products from Vietnam as souvenirs to them. In addition, her trips to regions across Vietnam has helped her realise the huge potential for making products … [Read more...] about Fashion brand utilises traditional materials

Vietnam gas consumption to double in next 10 years: Fitch Solutions Gas demand is expected to rise from about 9.7 billion cubic meters (bcm) in 2020 to above 25.3bcm in 2030, while influx of LNG helps to counter the decline in domestic production. Vietnam’s gas consumption is predicted to accelerate strongly over the coming decade, more than doubling, over the duration of the upcoming Power Development Plan VIII (PDP VIII) [2021-2030]. “The potential of the Vietnamese gas market is strong,” stated the Fitch Solutions in a note, saying in comparison to markets similar in terms the size of the consumer market as measured by population, Vietnam appears undersupplied in gas both in terms of absolute consumption volume and per capita. The domestic gas network is also found deficient with Vietnam ranking 15th out of 17 Asia-Pacific gas markets as per the CIA Factbook in terms of total gas pipeline length, despite having historically been self-sufficient in gas. The … [Read more...] about VIETNAM BUSINESS NEWS APRIL 13

Do Van Chien named President of VFF Central Committee Do Van Chien, President of the VFF Central Committee for the ninth tenure, speaks at the meeting in Hanoi on April 12 Do Van Chien, Secretary of the Party Central Committee and Secretary of the Party Delegation of the Vietnam Fatherland Front (VFF), has been assigned as President of the VFF Central Committee for the ninth tenure (2019-2024). The VFF Central Committee held a meeting in Hanoi on April 12 to discuss the appointment of its President and additional members to its Presidium. All in attendance agreed to assign Chien as a member of the VFF Central Committee and its Presidium, and President of the VFF Central Committee for the ninth tenure. His predecessor, Politburo member Tran Thanh Man, was recently elected Vice Chairman of the 14th National Assembly (NA). In his inauguration address, Chien said the VFF should push ahead with performing its duties in the election of deputies to the 15th NA and all-level … [Read more...] about VIETNAM NEWS HEADLINES APRIL 13