935 new coronavirus cases confirmed in vietnam

An additional 1,323 new Covid-19 infections were confirmed on Tuesday, raising the national tally to over 10.71 million, according to the Ministry of Health. According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 33 out of 63 localities in the country with some localities seeing the highest numbers including Hanoi (321), Vinh Phuc (98), Phu Tho (94), Yen Bai (58), and Quang Ninh (52). As of Tuesday evening, the number of Covid-19 patients in Vietnam has increased to over 10.71 million. The country now stands 12th among 227 countries and territories worldwide in the number of infections. On May 24, an additional 6,495 more patients recovered from the disease, raising the number of recoveries in the country to over 9.41 million. On Tuesday evening, no deaths related to Covid-19 were announced, total fatalities stood at 43,076. By May 23, the country had injected more than 219 million doses of Covid-19 vaccines, including over … [Read more...] about Vietnam reports additional 1,323 Covid-19 infections on Tuesday

A representative of the General Department of Preventive Medicine under the Ministry of Health was quoted on the government news portal as saying monkeypox was usually zoonotic, but human-to-human transmission was possible through contact with wounds, bodily fluids and contaminated objects. To detect possible cases of monkeypox and promptly roll out response plans, the health ministry has asked local health departments to detect possible cases at the border, especially among those coming from countries where monkeypox is present: Benin, Cameroon, Central African Republic, Democratic Republic of the Congo, Gabon, Ghana, Côte d'Ivoire, Liberia, Nigeria, Republic of the Congo, Sierra Leone and South Sudan. Medical facilities should also increase surveillance and if possible cases of monkeypox are detected, they must be reported to health departments for follow up action. The health ministry recommended that people avoid contact with those having smallpox, including sexual … [Read more...] about Vietnam ramps up surveillance amid monkeypox outbreak in 12 countries

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge

Quang Ninh agricultural products are on sale at website dongtrieumart.vn (Photo: baoquangninh.com.vn) Quang Ninh (VNA) – The northern province of Quang Ninh is taking steps to boost high-tech agriculture to cut production costs, increase volumes, and cultivate high-quality farm produce. To realise this goal, farmers are focusing on speeding up the digital transformation, considering it a strategic solution to enhancing the production, quality and competitiveness of agricultural products in domestic and international markets. Dam Ha trade and construction company in Dam Ha district has invested more than 15 billion VND (647,250 USD) to building hydroponic greenhouse vegetable and melon farms, betting on high-tech hydro-growing operations to promote clean agriculture, cut workloads, and standardise quality. Director Nguyen Huu Nhuong said that thanks the newly installed hydroponic systems, the company has enjoyed a production bump of nearly 100 tonnes of melon per year … [Read more...] about Quang Ninh farms turn to tech to grow agriculture sector

Tourism is an important contributor for VN's economy. Risk of slow growth Many forecasts released recently believe that Vietnam's economy will recover stronger. The GDP growth rate in the first quarter of the year is estimated at 5.03 percent, inflation is well under control so far, and the Consumer Price Index (CPI) in the first four months of the year has increased by 2.1 percent. However, despite optimism about the prospect of recovery, all forecasts warn that Vietnam needs to be cautious with the risk of slow growth against rising inflation. Asso. Prof. Dr. To Trung Thanh from the National Economics University, said that with the pandemic situation well under control and the economy receiving a boost from the new economic recovery support package, now economic growth can reach a target of 6.5 percent as expected. However, even if the growth rate reaches 6.5 percent, the average growth rate for the period 2020 to 2022 will be only 4 percent, much lower than the average … [Read more...] about Mindset change needed to face rising inflation

Germany has ordered 40,000 doses of a Bavarian Nordic vaccine to be ready to vaccinate contacts of those infected with monkeypox if an outbreak in Germany becomes more severe, but officials are banking on other precautionary measures for now. Speaking at a press conference, German Health Minister Karl Lauterbach said on Tuesday that measures such as an isolation period of at least 21 days recommended for infected people would suffice for now to contain the outbreak. "If infections spread further we will want to be prepared for possible ring vaccinations that are not yet recommended at this point but might become necessary," said Lauterbach, referring to the strategy of vaccinating contacts of an infected person. He said the outbreak of monkeypox could be contained and did not signal the start of a new pandemic, adding that early intervention can prevent the pathogen from becoming firmly established in communities. So far, five cases have been registered in Germany, all men, … [Read more...] about Germany orders 40,000 vaccine doses as precaution against monkeypox spread