Jails institutions or death

Three of the new cases were detected in a lockdown area in Kim Dinh commune, Kim Thanh district, while the other three were in concentrated quarantine facilities as they were F1 of previous cases. The national tally increased to 2,487. The same day, 22 COVID-19 patients were given the all clear, bringing the total number of recoveries to 1,920. The death toll remains at 35. Among patients still under treatment, 65 have tested negative for SARS-CoV-2 once, 57 twice and 137 thrice. More than 51,570 people who had close contact with COVID-19 patients or arrived from pandemic-affected areas are being quarantined across the country. Source: VNA … [Read more...] about Six COVID-19 cases recorded on March 4

According to the comprehensive plan to develop the IT human resources, Vietnam needed 1 million workers in the IT field in 2020. Yet the reality shows that there are only 600,000 IT students being trained in 400 higher educational institutes and 8 key IT training centers nationwide. Statistics from the Institute of Information Technology Strategy (under the Ministry of Information & Communications) show that 72 percent of IT students lack practical experience, while 42 percent are weak at team work. Only 15 percent of IT graduates satisfy the demands of employers. Vietnam now has over 700 IT companies working in key fields of the IT industry, including 220 foreign ones. They mostly locate in major cities or software parks. Notably, despite a high job potential, the AI field still attracts little attention from both learners and trainers. There is no formal university department or school to specifically provide tertiary education in this field. Most curriculum focus on … [Read more...] about HCMC focusing on training AI human resources

Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector. Among the suitors is one from the United States, proposing the Millennium gas power project with a forecast capacity of 14,400MW and 17 million tonnes of storage for liquefied natural gas (LNG) per year. Joining in are Embark United Co., Ltd. and US Quantum Corporation to establish a 6,000MW gas power venture and a port warehouse to receive and process six million tonnes of LNG per year. Japanese investors did also not ignore the opportunity to develop gas power projects in Khanh Hoa, as Sumitomo Corporation proposed to invest in a 3,000MW gas power scheme and a storage system for three million tonnes of LNG per year, while J-Power Co., Ltd. wants to invest in a gas turbine power project with a capacity of 3,000MW. Despite a slightly slower approach, the province is also seeing the … [Read more...] about Full steam ahead for LNG capacities to omit fossil fuels

All the new patients, numbered 2843 to 2488, are those who had been in either quarantine zones or locked-down areas since March 2. They are now being treated at a field hospital of the northern province. Also on Thursday, 22 Covid-19 patients have been announced recovered from the disease. Since a new Covid-19 wave, that has been sweeping through 13 cities and provinces, began on Jan. 28, 879 community transmission cases have been confirmed. Northern Hai Duong Province is the epicenter with 695 cases. Vietnam has recorded 2,488 Covid-19 cases so far, with 35 deaths. … [Read more...] about Hotspot Hai Duong records six more Covid-19 cases

The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active. A recent report released by VNDirect Securities Corporation stated that mergers and acquisitions (M&A) deals, especially in transferring part of large-scale real estate projects, were considered one of the fastest solutions for foreign developers when they want to jump into the Vietnamese real estate market, as well as for the domestic developers expanding their land fund and investment portfolios. This report also cited that some projects from giant developers are currently in the negotiation process with most expected to be completed this year. “Thanks to the improvement of the legal system in the Law on Investment, a range of deals will be done within this year with total value up to more than $1 billion,” the report cited. According to Tran Khanh Hien, deputy director of the Research at … [Read more...] about M&A pushing ahead real estate market