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Illustrative image (Source: VNA) Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,153 VND/USD on August 12, down 10 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,847 VND/USD and the floor rate 22,458 VND/USD. The opening-hour rates at many commercial banks stayed stable. At 8:30 am, BIDV listed the buying rate at 23,255 VND/USD and the selling rate at 23,535 VND/USD, both unchanged from the end of August 11. Vietcombank also kept both rates unchanged at 23,220 VND/USD (buying) and 23,530 VND/USD (selling). During the week from August 8-12, the daily reference exchange rate for the US dollar mostly followed a downward trend, except for Tuesday (August 9). It ended the week down 22 VND./. VNA … [Read more...] about Reference exchange rate down 10 VND on August 12

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 12. – Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien received UN Resident Coordinator in Vietnam Pauline Tamesis in Hanoi on August 12, saying that Vietnam will take part in UN peacekeeping operations more extensively in the time ahead. Chien appreciated the cooperation and assistance from the UN and its agencies in Vietnam, especially the UN Resident Coordinator Office, when the country served as the ASEAN Chair in 2020 and a non-permanent member of the UN Security Council during 2020 - 2021. Read full story – The National Assembly of People's Power of Cuba has received 750 tablets, two servers and two printers as gifts from the Vietnamese counterpart. Speaking at the handover ceremony held on August 11 in Havana, Vietnamese Ambassador to Cuba Le Thanh Tung said the equipment is intended to help the Cuban legislature improve its operational … [Read more...] about ☕ Afternoon briefing on August 12

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. – The 14th meeting of the National Assembly Standing Committee wrapped up in Hanoi on August 11 after two and a half days of sitting. NA Chairman Vuong Dinh Hue said the meeting had completed all tasks as scheduled. Read full story – Standing members of the steering committee in charge of a project to draft a strategy for building and completing a law-governed socialist state of Vietnam by 2030, with a vision to 2045, held a meeting with the Central Theoretical Council in Hanoi on August 11. Members of the council showed their support for the draft strategy, which they said has been prepared in a methodological, democratic and scientific manner that guarantees the Party’s comprehensive and absolute leadership, firmly maintains the socialist orientation, and doesn’t include loopholes for hostile forces to take advantage of to sabotage the Party, State or regime. Read full story … [Read more...] about ☀️ Morning digest August 12

Ministry proposes keeping Covid-19 in Group A of infectious diseases Regarding the reason why Covid- 19 has not been considered an endemic disease in Vietnam yet, the Ministry of Health said that most countries in the world are in a state of unstable cases and deaths, with an erratic increase and decrease trend when new variants of the SARS-CoV-2 virus appear. At the same time, acquired immunity (due to vaccines and infection) has not been stable for a long time and decreases over time. In Vietnam, more than 9 million new cases were reported in the first seven months of this year, with over 33,000 cases in July alone, up 22.4 percent from June. Cases of sub variants BA.4, BA.5 have been recorded and began to account for a large proportion in southern provinces. Meanwhile, the rates of booster shot vaccination and vaccination among children were low in some localities. The rise in new cases could cause overload of the health system, particularly in the context of other diseases … [Read more...] about Ministry proposes keeping Covid-19 in Group A of infectious diseases

The northern highlands province of Hoa Binh reported three deaths: Dinh Thi Nguyet, 35, Ha Tam Uyen, 4, and Nguyen Minh Hieu, 10, were swept away by floodwaters and their bodies found later. Of the eight people listed missing, also swept away by floods, two were from Hoa Binh, one from Phu Tho, two in Lao Cai and four in Nam Dinh Province. The four Nam Dinh victims are a 35-year-old woman, her 8-year-old daughter and her two nieces, aged 11 and 12. They went to a river at around 6:30 p.m. Thursday. When the three children entered the river to swim, they were swept away. The woman tried to jump in to save them, only to be swept away as well. Storm Mulan weakened into a tropical depression on Thursday morning. It then made landfall onto Quang Ninh and Hai Phong. It caused heavy rains in northern Vietnam regions, along with two central Vietnam provinces Thanh Hoa and Nghe An from Thursday to Friday. From 7 p.m. Thursday to 8 a.m. Friday, several northern Vietnam localities … [Read more...] about Three dead, eight missing in northern Vietnam flooding

Cao Son Coal, the company with the largest mining output in Vietnam, on July 19 announced to improve and expand the capacity of the Cao Son coal mine in Cam Pha in the northeastern province of Quang Ninh, to meet high production requirements. Coal mining companies are increasing output to deal with power generation shortages, Le Toan The mine has total reserves of almost 52 million tonnes, with a designed capacity of about 4.5 million tonnes per year. By upgrading the reserves, Cao Son’s coal mine is expected to complete a record high mining output of 6.78 million tonnes in 2022. Phan Quoc Viet, director of Cao Son Coal, said, “We have mobilised equipment to maximise the exploitation of raw coal at the Cao Son mine. In 2021, we achieved a mining output of over 6.4 million tonnes.” Many miners feel that Cao Son Coal’s plan to increase output faces many challenges, especially considering the increasingly difficult and complex open-pit mining conditions. Similar to … [Read more...] about Power shortage worries increase hunger for coal