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Vietnam’s digital economy presents chances for investors, start-ups The newswire techwireasia.com on June 16 ran an article saying that Vietnam has been steadily growing its highly promising digital economy, presenting multiple opportunities for investors, startups, and businesses alike. The author wrote that in recent years, the Southeast Asian region has been seeing rapid and sustained efforts and investment into various digital economy initiatives by both the public and private sectors. Tech giants have been creating waves, most recently the Tokopedia-Gojek merger, and earlier, Grab pushing for a US listing with a valuation of over 40 billion USD. Estimates by Google, Temasek, and Bain & Co predicted that the Vietnamese sector could grow to 52 billion USD by 2025, which comes up to about a sixth of the massive 300 billion USD regional digital economy pie. According to the article, backed by a stable political climate, progressive economic policies, and … [Read more...] about VIETNAM BUSINESS NEWS JUNE 18

Workers process octopuses for export at a factory in the Mekong Delta province of Kien Giang (Photo: VNA) Hanoi (VNA) – Vietnam has recorded continual growth in squid and octopus exports to China over the last three years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Shipments of these commodities to China last year rose by nearly 61 percent from 2019 and by 21 percent year on year in the first four months of 2021 to more than 9.7 million USD. Thanks to the COVID-19 pandemic partly contained in China, this country has gradually eased restrictions, helping to recover demand for mollusc imports, VASEP said, noting that squid and octopus products remain one of Vietnam’s key aquatic exports to the neighbouring market. Vietnam shipped almost 3.3 billion USD worth of aquatic products abroad in the first five months of 2021, up 14 percent year on year. Up to 60 percent, or nearly 2 billion USD, of the revenue was contributed by the 13 … [Read more...] about Squid, octopus exports to China remain on the rise

71-year-old Covid-19 patient in An Giang dies The Saigon Times Medical workers take care of a Covid-19 patient. Vietnam’s Covid-19 death toll has risen to 62 - PHOTO: VNA HCMC - A 71-year-old Covid-19 patient in the Mekong Delta province of An Giang died, becoming the country’s 62nd Covid-19 fatality. According to the Ministry of Health, the woman, who resided in the province’s Chau Thanh District, also suffered from tuberculosis, hypertension and diabetes for 10 years. The patient returned to Vietnam through the Moc Bai International Border Gate in Tay Ninh Province with her daughter and grandchild on June 2. She tested positive for Covid-19 while in quarantine with various symptoms such as fatigue, chest pain and acute respiratory distress syndrome. She was then sent to the Ben Cau Medical Center for treatment. Her condition worsened on June 11 so she was put on a ventilator. However, due to a serious infection and respiratory failure, she responded poorly to … [Read more...] about 71-year-old Covid-19 patient in An Giang dies

A pavilion at the first-ever livestream promoting products of Hanoi’s “One Commune, One Product” (OCOP) programme was held early this month. (Photo courtesy of the Hanoi Department of Agriculture and Rural Development ) Hanoi (VNS/VNA) – Hanoi’s Department of Agriculture and Rural Development has been supporting farmers, cooperatives, and enterprises to promote the consumption of farming products via modern distribution channels in the context of the COVID-19 pandemic. Deputy director of the department Nguyen Ngoc Son said that, to expand the agricultural product market, the department has strengthened the connection between Hanoi and other provinces and cities in consuming safe agricultural products. Of which, it has cooperated with the municipal Department of Industry and Trade to support localities’ trade promotion  activities in the capital city to increase the consumption of agricultural and seafood products. “Besides that, the department has also organised direct … [Read more...] about Hanoi promotes consumption of farming products amid COVID-19