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Huyen Kim, who works for a company that cleans office buildings in HCMC, is in dire need for a job. She was furloughed by the company in late May as the fourth Covid-19 wave began to spread, and told she would be taken back in July if the outbreak is better controlled. But she is worried sick since this is the worst Covid situation Vietnam has faced so far. "I asked my nephew to help me find a housemaid or babysitter job online, but have had no luck so far," the 43-year-old woman said. "I am waiting for the day I can start working again. All I can do now is wait for the outbreak to die down." She used to earn around VND8 million ($345) a month cleaning five offices every day in the city’s downtown. Kim is by no means the only domestic helper to be severely hit by the new wave, which has stripped many of their livelihoods. A study published Tuesday by the International Labor Organization (ILO) said cleaners and helpers have suffered job losses at nearly three times the rate … [Read more...] about Pandemic wipes out demand for house, office cleaners

A health official said the healthcare system is capable of coping with the rising infections. Vietnam has built a scenario of having 50,000 people infected with SARS-CoV-2 as the fresh outbreak continues sweeping 41 out of 63 cities and provinces. Vietnam's Covid-19 infections. Source: MoH. Chart: Minh Vu The current health system for Covid-19 treatment works well and it would be capable to treat more, said Associate Prof. Luong Ngoc Khue, head of the Ministry of Health (MoH)’s Administration of Medical Examination and Treatment. “To that extent, we totally bring the pandemic under control,” he told Zing . Before, Vietnam built a 30,000-infection scenario and has got ready for the situation by preparing both facilities and manpower. Khue said that the ratio of Covid-19 patient with mild symptoms in Vietnam is about 65-70% [of 30,000 cases]. It means that around 7,000-8,000 patients with moderate symptoms need health supervision and treatment like … [Read more...] about JUNE 18: Vietnam plans 50,000 Covid-19 infections scenario

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