Australian economy forecast

Online travel and transport sectors were hit the hardest as the pandemic ground international travel to a halt while many people began to work from home or became concerned about sharing transport. Still, the report predicted online travel to rebound to 60 billion USD by 2025. … [Read more...] about Vietnam’s digital economy to reach US$14 billion this year

HCM City (VNA) – The Ho Chi Minh City People’s Committee and the Royal Melbourne Institute of Technology (RMIT) of Australia on January 22 signed a memorandum of understanding (MoU) on cooperation in tertiary education and smart city building. Sealed at a virtual ceremony, the MoU covers the two sides’ join work in the next five years with a focus on international-standard tertiary education in IT and communications, mechanical engineering-automation-AI, business management, finance, banking, tourism, health, and urban management. Per the pact, the two sides will also intensify their collaboration in conducting joint researches on green city projects; strengthening connection between their research and start-up communities for innovation ideas and technology transfer; and exchanging experience in urban planning, public transport improvement, and environmental protection. The southern economic hub and the institute has agreed to promote innovation and startups, and … [Read more...] about HCM City, Australian institute seal cooperation deal

Vietnam and Israel kicked off negotiations on a labour cooperation agreement on January 21. Israel has a high demand for migrant workers, particularly in agriculture, healthcare, construction and restaurants, among others, while Vietnam has an abundant supply of hardworking and educated workforce. … [Read more...] about Vietnam, Israel begin negotiation over labor cooperation

In December last year, the Ministry of Health and the Military Medical Institute in collaboration with Nanogen Pharmaceutical Biotechnology Joint Stock Company launched clinical trials of the Nano Covax vaccine, the first locally-produced COVID-19 vaccine in Việt Nam. VNS … [Read more...] about Human trials of second homegrown COVID-19 vaccine begin

The author cited the World Health Organization (WHO) as saying that Vietnam is one of the few countries that can contain the epidemic well. Thanks to those successes, Vietnam has provided timely assistance such as face masks and medical supplies for many countries. Vietnam is also one of the economies with the highest growth over the past five years, with an annual average growth rate of 6.8 percent during 2016-2019 and nearly 3.0 percent in 2020 when the majority of countries worldwide experienced minus growth. The article lauded Vietnam’s efforts in international economic integration to attract resources for national development, as marked by the signing of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement, the EU-Vietnam Free Trade Agreement (EVFTA) and the Regional Comprehensive Economic Partnership (RCEP) agreement. With its policy of multilateralising and diversifying international relations, Vietnam has enhanced external affairs, both … [Read more...] about Czech newspaper: Vietnam – bright spot in COVID-19 combat, economic growth