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Petrol prices record fifth consecutive increase, up nearly VND400 per litre

January 26, 2021 by vov.vn

In line with the latest assessment, the retail price of E5RON92 biofuel witnessed an increase of VND 361 per litre to a maximum of VND16,309 per litre, while the price of RON95 rose by VND340 per litre to VND17,270 per litre.

Furthermore, diesel oil 0.05S and kerosene are to be sold at no more than VND13,042 per litre and VND11,908 per litre, rises of VND300 and VND350 per litre, respectively.

Meanwhile, the price of Mazut 180CST 3.5S is now at no more than VND12,622 per kg, representing an increase of VND350 per kg.

According to the two ministries, petrol and oil prices in the global market have experienced an upward trajectory over the past 15 days, therefore causing the latest adjustments.

This is the fifth consecutive time the two ministries have hiked the domestic petrol and oil prices.

The ministries have also decided to increase expenditure for the petrol price stabilisation fund at the level of between VND181 and VND1,100 for all types of petroleum products.

Petrol prices rise under latest adjustment

February 25, 2021 by en.vietnamplus.vn

A petrol station temporarily suspends service pending price adjustment. (Photo: VNA)

Hanoi (VNA) – The Ministries of Industry and Trade and Finance revised petrol prices upwards as of 3pm on February 25, marking the first increase since the traditional Lunar New Year (Tet) holiday.

The retail price of E5RON92 bio-fuel rose nearly 700 VND to 17,031 VND (0.74 USD) per litre at a maximum, while that of RON 95 increased over 700 VND to 18,084 VND per litre.

Diesel 0.05S and kerosene, meanwhile, are now no more than 13,843 VND and 12,610 VND per litre, up by around 800 VND and 700 VND, respectively.

According to the two ministries, the prices of petrol and oil in the global market have been rising strongly for 15 days, hence the adjustment.

The two review fuel prices every 15 days to ensure domestic prices are in keeping with the global market./.

VNA

Vietnam lures 5.46 billion USD in foreign investment

February 25, 2021 by en.vietnamplus.vn

As much as 5.46 billion USD worth of foreign direct investment (FDI) is injected into Vietnam as of February 20. (Photo: VNA)

Hanoi (VNA) – As much as 5.46 billion USD worth of foreign direct investment (FDI) was injected into Vietnam as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, according to the Ministry of Planning and Investment .

As many as 126 foreign projects were granted investment licences with total registered capital of 3.31 billion USD, a year-on-year fall of 33.9 percent.

Meanwhile, 115 existing projects adjusted their investment capital with a total additional sum of 1.61 billion USD, or 2.5 times higher than the same time last year.

Capital contributions and shares purchases by foreign investors stood at 543.1 million USD, down 34.4 percent.

Foreign investors pumped capital in 17 sectors, with processing and manufacturing holding the lead with over 3 billion USD or 55.7 percent, followed by power production and distribution with 1.44 billion USD (26.5 percent), real estate 485 million USD, and science-technology nearly 153 million USD.

Japan topped the list of 46 countries and territories landing investment in Vietnam , with 1.64 billion USD, equivalent to nearly 30 percent of the total. Singapore came second with 1.07 billion USD (19.6 percent), and the Republic of Korea third with 1.05 billion USD (19.3 percent).

The ministry said the southern province of Can Tho lured the lion’s share of FDI with 1.31 billion USD, accounting for 24.2 percent of the total. Hai Phong city was the runner-up since it attracted nearly 918 million USD, or 16.8 percent. Bac Giang came third with nearly 573 million USD (10.5 percent).

So far this year, the foreign-invested sector has earned 38.07 billion USD from exports, up 34 percent year-on-year, and making up 76.1 percent of the nation’s total export turnover. At the same time, it spent 31.6 billion USD on imports, up 31.2 percent year-on-year, and accounting for 66.6 percent of the country’s total import value. That resulted in a trade surplus of nearly 6.5 billion USD./.

VNA

Petrol prices hit one-year high following latest review

February 25, 2021 by vov.vn

The price of E5 RON92 biofuel recorded an increase of VND722 to a maximum of VND17,031 per litre, whilst RON95 rose by VND814 to no more than VND18,084 per litre.

Elsewhere, Diesel 0.05S and kerosene are now on sale for no more than VND13,843 and VND12,610 per litre, marking rises of VND801 and VND702 per litre, respectively.

The price of Mazut 180CST 3.5S is now no more than VND13,127 per kg, representing an increase of VND505.

This comes after the two ministries decided to make use of the petrol price stabilisation fund, with the use for bio-fuel petrol E5 RON92 and RON95 being VND2,000 and VND1,150 per litre, respectively.

The use from the fund for diesel and kerosene was VND850 and VND900 per litre, respectively, while that of mazut was VND800 per kg.

Fuel prices are reviewed every 15 days in order to adjust domestic prices in accordance with fluctuations occurring in global markets.

Seven batches of COVID-19 vaccines set to arrive in Vietnam

February 25, 2021 by vov.vn

The initial batch of 117,000 COVID-19 vaccines from AstraZeneca arrived in the country on February 24. They are to be prioritised specifically for those on the frontline of the fight against the pandemic, including medical workers, doctors, nurses, contact tracers, and officials on COVID-19 prevention and control committees.

The second batch, expected to arrive within the first half of this year, will be made up of 1.5 million additional doses, of which 1.2 million will be provided by COVAX, with the rest made up of those by AstraZeneca. These doses will also be prioritised for those on the frontline of the fight against the pandemic, with the addition of diplomatic personnel, customs officers, immigration officers, and soldiers.

The third batch is set to arrive within the second quarter and will include 8.2 million additional doses from AstraZeneca. Soldiers who have are not inoculated during the second wave of vaccines, along with police officers, teachers, and the elderly, those aged 80 and above, will be vaccinated during this period.

The fourth batch is expected to arrive within the third quarter and will consist of 10.9 million doses, including 3.6 million from COVAX with the remainder coming from AstraZeneca. At this point, the elderly who have not been vaccinated, along with those working in essential businesses and those suffering from chronic conditions, will be inoculated.

The fifth batch is anticipated to arrive between the fourth quarter of this year and the first quarter of 2022, and will be made up of 14.4 million doses by AstraZeneca for those suffering from chronic conditions and those who have not yet been vaccinated.

The sixth batch will come within the same time frame as the fifth and will include 25.2 million COVAX doses for those with chronic conditions and individuals who have not yet been vaccinated, along with those aged between 65 and 80.

The final batch is set to arrive between the second quarter and fourth quarter of 2022 and will be made up of 90.5 million doses from both foreign and domestic producers. They will be administered to those aged between 65 and 80, in addition to those who have not been vaccinated, along with those aged 18 and above who have not been included in the aforementioned priority list.

According to the National Steering Committee for COVID-19 Prevention and Control, vaccines should be prioritised for citizens in areas hit by outbreaks, with the Health Ministry and other relevant agencies being responsible for managing the purchase, import, and distribution of vaccines.

Hanoi to provide free health check-ups for all local residents

February 25, 2021 by hanoitimes.vn

The Hanoitimes – The goal of periodic health check-ups at least once a year for all Hanoi’s residents has been included in the document of the municipal Party Congress.

Hanoians will get free health check-ups at least once a year, starting from 2021, the municipal Party Chief Vuong Dinh Hue said on February 25 while visiting Thanh Nhan Hospital on the occasion of Vietnamese Doctors’ Day (February 27).

Municipal Party Chief Vuong Dinh Hue inspects the Covid-19 prevention and control at Thanh Nhan Hospital in Hanoi. Photo: Thanh Hai

Hue said that the goal of periodic health check-ups at least once a year for all Hanoi’s residents has been included in the document of the municipal Party Congress.

“This is not easy, but the Hanoi Party Committee is determined to set goals and achieve them,” Hue said.

Deputy Director of the Hanoi Department of Health Tran Thi Nhi Ha said that the city’s health sector has devised a free health check-up plan for all local residents, starting from early March.

The health sector will review each case, classify people by age and occupation to provide health examination.

“It is expected that Hanoi students will get medical check-ups at educational institutions while employees will receive health check at their industrial parks, factories or offices,” Ha said.

The medical centers in the districts will be responsible for providing health check-ups for local people. If people take medical examination and treatment at hospitals, their health will be monitored via software.

Since March 2017, Hanoi has provided a free colorectal cancer screening program for people from 40 years old who have health insurance to early detect the disease. So far, hundreds of thousands of people have been screened for free thanks to the above-mentioned program.

According to the Hanoi Statistical Office, by the end of 2020, the capital city’s population was over 8.2 million people, an increase of 2.3% compared to 2019. Among them, four million people (accounting for 49.5%) live in urban areas and 4.1 million people in rural areas (50.5%).