A corner of Indonesia's Jakarta (Photo: AFP) Jakarta (VNA) - The Indonesian economy is gradually recovering, owing in part to a bold, comprehensive, and coordinated policy response to address the socio-economic hardship inflicted by the COVID 19 pandemic in the first half of 2020, according to the International Monetary Fund (IMF). The country’s GDP is projected to expand by 4.8 percent in 2021 and 6 percent in 2022. Meanwhile, inflation is set to rise gradually to 3 percent (y/y) at the end of 2021. The current account deficit is expected to widen to 1.5 percent of GDP in 2021, reflecting higher imports driven by economic recovery. IMF Executive Directors commended the authorities’ containment measures and supportive macroeconomic policies, which have been instrumental in cushioning the economic impact of the pandemic. They noted that Indonesia’s strong fundamentals and prudent macroeconomic policy track record have contributed to its economy’s resilience./. VNA … [Read more...] about IMF: Indonesia’s economic outlook is positive
To fight your corner
Factories in Hai Duong to conduct routine COVID-19 testing for employees
Workers at clothing factory Haivina in Gia Loc district, Hai Duong province, are tested for COVID-19 before resuming work. (Photo: VNA) Hai Duong (VNS/VNA) - Hai Duong province’s management board of industrial zones (IZs) has asked enterprises in the locality to routinely test their employees and managers for COVID-19 . This is one of the requests set for the enterprises regarding production plans when the COVID-19 pandemic is brought under control. According to the management board, factories at IZs in Kim Thanh district can resume work but they must follow the Ministry of Health’s regulations on COVID-19 prevention. Specifically, test results for all employees at the enterprises must show that they are negative. Enterprises must also regularly clean the environment, disinfect the workplace and dormitories (if any). All staff must follow the Health Ministry’s 5K message: Khau trang (face mask) – Khu khuan (disinfection) – Khoang cach (distance) – Khong tu tap (no … [Read more...] about Factories in Hai Duong to conduct routine COVID-19 testing for employees
Hanoi ready to restart socio-economic activities with Covid-19 under control: Mayor
The Hanoitimes - Hanoi’s mayor called for local governments to provide support for businesses affected by the pandemic, and review current existing supporting programs to ensure greater efficiency. Hanoi is ready to restart and accelerate socio-economic activities as the Covid-19 situation in the city has been put under control. Chairman of the Hanoi People's Committee Chu Ngoc Anh speaks at the meeting. “The priority in March is to strictly comply with anti-Covid-19 measures and boost socio-economic development,” Ngoc Anh said.Chairman of the Hanoi People’s Committee Chu Ngoc Anh gave the remarks at the city’s monthly meeting on March 4. Among measures to boost the local economy, the Hanoi’s mayor requested greater efficiency in global integration to boost exports, while adopting a more selective approach in attracting high quality foreign direct investment (FDI). “Hanoi aims to create a favorable business environment to further attract investment … [Read more...] about Hanoi ready to restart socio-economic activities with Covid-19 under control: Mayor
VIETNAM NEWS HEADLINES MARCH 3
Clip expresses gratitude toward doctors in COVID-19 fight A video clip comprising a series of paintings by children on doctors, who are called intimately as white blouse warriors during the COVID-19 fight, has been published recently by the Ministry of Health. The paintings by child artists are part of a campaign initiated by the Vietnamese Ministry of Health and United Nations Children's Fund (UNICEF). They depict doctors as white-blouse soldiers who have relentlessly fought against the pandemic, through which children’s gratitude toward health workers is expressed. The video also conveys a message of solidarity in the fight against COVID-19./. 110 foreign experts to be isolated for COVID-19 combat The administration of Quang Ngai province, central Vietnam, has outlined plans to put a total of 110 foreign experts into isolation in concentrated places in an effort to prevent the potential spread of the novel coronavirus (COVID-19) pandemic. The foreign experts are … [Read more...] about VIETNAM NEWS HEADLINES MARCH 3
Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan
With work officially started from early November 2020, the solar farm is run by Edge VN with consultation in financial investment and management from Edge Plus Singapore. The plant is based in Song Binh commune, Bac Binh district in the central province of Binh Thuan, the area with the highest solar power potential in the country based on average sunshine hours and stable heat radiation, according to Vietnam Energy journal under Vietnam Energy Association. Song Binh rooftop solar farm in Binh Thuan The solar farm employs cutting-edge technologies, including Sun Power solar panels from the United States and solar optimisers from Woss Corporation. The solar optimisers are integrated with AI technology and Edge Computing to maximise power production. Song Binh rooftop solar farm is proud to be an IoT-enabled solar farm leading the Vietnamese renewable energy industry. Present at Song Binh solar farm's recent grand opening ceremony, Do Van Loc, deputy chairman of the … [Read more...] about Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan