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The Hanoitimes - Hanoi has tested 2,277 samples collected from people returning from coronavirus-hit areas. Hanoi's government will cover all expenses of tests for people who have made close contact with confirmed and suspected cases of Covid-19, including foreigners, local media quoted Chairman of the municipal People's Committee Nguyen Duc Chung as saying at a meeting late on March 11. Chairman of the municipal People's Committee Nguyen Duc Chung speaks at the meeting. Photo: Cafef Chung stated that the risk of infection in Hanoi comes from many directions but the most likely source is Noi Bai International Airport, as about 5,000-6,000 tourists arrive at the port everyday, including from Covid-19 epidemic-hit regions. The Hanoi mayor stressed that the current task is to focus on supervising and reviewing thoroughly medical declarations of foreigners and Vietnamese nationals coming to Hanoi in international and domestic flights. Besides, the city’s … [Read more...] about Hanoi to pay for coronavirus tests and support quarantined people

A wind farm of Trung Nam Group in Ninh Thuan province in the central region of Vietnam (Photo courtesy of the Group) Hanoi (VNS/VNA) - Vietnam needs about 128.3 billion USD of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT). On February 9, the MoIT issued a draft national electricity development planning project for 2021-2030, with a vision to 2045 or the power master plan VIII and asked other ministries and agencies to contribute their ideas. With forecasts that Vietnam's GDP growth will reach an average of 6.6 percent per year in 2031-2045 and 5.7 percent per year in 2031-2045, the MoIT forecast the supply of commercial electricity to reach 491 billion kWh by 2030, and 877 billion kWh by 2045. The draft expected by 2030, the total installed capacity of electricity sources in the country would reach 137.2 GW including 27 percent from coal-fired … [Read more...] about Vietnam needs 128.3 billion USD to develop electricity industry

Delegates attend Vietnam-India trade-investment promotion conference (Photo: VNA) New Delhi (VNA) – The increasing importance of Vietnam in global supply chains is great potential helping to enhance the Vietnam-India relations, particularly between small- and medium-sized enterprises (SME) that are considered the main drivers for economic growth in each country, heard an online conference on February 25. The bilateral trade-investment promotion conference titled “Boosting trade-investment cooperation opportunities between Vietnam ese and Indian SME s” was jointly organised by the Trade Office of the Vietnamese Embassy in India, Uttar Pradesh state government, the Indian Industries Association (IIA) and the Hanoi SME Association. IIA President Pankaj Gupta said that several major enterprises of India such as Adani Group, Mahindra, SRF and Suzlon have shown interest in investing in Vietnam. He suggesting Indian enterprises invest in Vietnam in the fields of energy, … [Read more...] about Vietnam offers numerous investment opportunities for Indian businesses

Foreign tourists mainly were technical experts and skilled workers who are allowed to enter Vietnam to work, and truck drivers transporting goods through international border gates. In the first two months, the country welcomed 28,700 foreign visitors, a year-on-year decrease of 99.1 percent. According to the report, HCMC saw a decline of 14.1 percent, Ba Ria-Vung Tau Province and Da Nang City decreased 15.9 and 16.1 percent, Hanoi and Hai Duong slid 7.6 and 7.8 percent compared with last year. Tourism revenue fell 62.1 percent over the same period last year to VND2,500 billion (US$108.6 million). The most severe drops were seen in Hanoi at 47.7 percent, Da Nang by 67.7 percent, HCMC by 69.2 percent, Thua Thien-Hue Province by 73.3 percent and Hai Duong Province by 89.4. The tourism industry has proposed many preferential policies to support travel firms and laborers that have been severely affected by the Covid-19. However, there was not much support and many businesses … [Read more...] about Number of foreign visitors to Vietnam in February falls sharply

PM Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA) Hanoi - The central city of Da Nang is set to be part of the global supply chain network and a gateway on the East-West Economic Corridor by 2030, a meeting in Hanoi on March 1 heard. Discussing adjustments to the city’s master planning by 2030 with a vision towards 2045, the meeting was presided over by Prime Minister Nguyen Xuan Phuc. By 2030, the city is also expected to become a destination for global lifestyles, a centre of tourism and services, and a maritime economic hub in Vietnam and the region at large. In the long term, it eyes becoming a special urban area and an international city. Its population is predicted to stand at about 1.79 million by 2030 and its urban area is to cover 31,836 ha, or more than 32 percent of the local land area. The municipal People’s Committee signed a contract with a joint venture between Sakae Corporate Advisory Ltd. and Surbana Jurong (Singapore) on the project adjusting the … [Read more...] about Da Nang city set to become special urban area