The Vietnamese Ministry of Health on Wednesday reported an additional 913 Covid-19 infections, raising the country's total tally to over 10.75 million. Illustrative photo According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 42 out of 63 localities in the country. As of Wednesday evening, the number of Covid-19 patients in Vietnam has increased to over 10.75 million. On July 6, an additional 7,626 more patients recovered from the disease, raising the number of recoveries in the country to over 9.73 million. On Wednesday evening, no deaths related to Covid-19 were recorded, the country's total fatalities stay at 43,089, accounting for 0.4 per cent of total infections. By July 5, Vietnam had injected more than 234 million doses of Covid-19 vaccines, including over 8.85 million given to children aged 5 to 11. Speaking at a Monday meeting, deputy minister of health Nguyen Thi Lien Huong said that the … [Read more...] about Additional 913 new Covid-19 infections reported on Wednesday
Emigrants to new zealand records
Sotheby’s presents its first exhibition in Vietnam
Over 50 works by modern Vietnamese masters from the early generation of École des Beaux-Arts de l'Indochine (Indochina School of Fine Arts) will be showcased at Sotheby’s first exhibition in Vietnam - Timeless Souls: Beyond the Voyage – Hồn Xưa Bến Lạ. As well as the first exhibition in the country held by the leading arts brokers in the world, the public event is also one of the largest Indochine Art exhibitions ever staged in the country. Taking place from July 11–14 at Park Hyatt Saigon, HCM City, the non-selling exhibition features over 50 works by Lê Thị Lựu (1911 – 1988), Lê Phổ (1907 – 2001), Mai Trung Thứ (1906 – 1980) and Vũ Cao Đàm (1908 – 2000), the four renowned early generation graduates from the École des Beaux-Arts de l'Indochine, who migrated to France in early 20th century. Fillette aux Nattes avec Son Panier de Fleurs (Girl with Mats and Her Basket of Flowers) by Lê Thị Lựu. With a mission to foster cultural dialogue between artists and the … [Read more...] about Sotheby’s presents its first exhibition in Vietnam
Workers’ average monthly income grows 5.3 percent in H1
Office workers withdraw money from an ATM. (Photo: VNA) In particular, workers in the processing - manufacturing industry had average income of VND7.3 million, rising by some VND476,000 year on year, while salary earners saw an increase of VND417,000 in their monthly income to VND7.4 million Pham Hoai Nam, Director of the Population and Labor Statistics Department under the General Statistics Office, told a press meeting in Hanoi on July 6. In the second quarter, all the 21 economic sectors recorded year-on-year hikes in workers’ average income, including mining (VND9.7 million, up 17.1 percent) and processing - manufacturing (VND7.4 million up 12.4 percent). He said during 2019 - 2021, workers’ income in Q2 often declined from the previous quarter since additional earnings coming from year-end extra work and Lunar New Year bonuses are usually paid in Q1. However, the situation was different this year, when the Q2 average income did not decrease but went up both quarter on … [Read more...] about Workers’ average monthly income grows 5.3 percent in H1
Workers’ average monthly income grows 5.3% in H1
Office workers withdraw money from an ATM. (Photo: VNA) Hanoi (VNA) – Workers’ average monthly income stood at 6.5 million VND (278 USD) in the first half of this year, respectively rising 5.3% and 11% from the same period of 2021 and 2020, statistics showed. In particular, workers in the processing - manufacturing industry had average income of 7.3 million VND, rising by some 476,000 VND year on year, while salary earners saw an increase of 417,000 VND in their monthly income to 7.4 million VND, Pham Hoai Nam, Director of the Population and Labour Statistics Department under the General Statistics Office, told a press meeting in Hanoi on July 6. In the second quarter, all the 21 economic sectors recorded year-on-year hikes in workers’ average income, including mining (9.7 million VND, up 17.1%) and processing - manufacturing (7.4 million VND, up 12.4%). He said during 2019 - 2021, workers’ income in Q2 often declined from the previous quarter since additional … [Read more...] about Workers’ average monthly income grows 5.3% in H1
Building innovative funds in blockchain biz
There will be another VIR talk show on blockchain application on July 8, Photo: Shutterstock Earlier this year William Do, CEO of Hobbit Investment, explained that exponential benefits and fast payback time are making blockchain projects a 4.0 trend that is replacing the wave of startups that flourished in previous years. “The blockchain model with its transparent, speedy, and bold projects has solved the problems that pioneering startups of the past could not answer,” he said. According to Do, just a handful of projects launched during the 2017-2020 entrepreneurship wave were able to establish themselves in the international market. The remainder struggled to survive without the support of major players in their industries. In more recent times, Hobbit has successfully raised capital for blockchain game Fight of the Ages (FOTA), and Do will appear on a VIR talk show on July 8 to share his own personal experience as well as the general status of innovation funds for … [Read more...] about Building innovative funds in blockchain biz
Tax for development: Does Vietnam need tax reform?
Patrick Lenain - Former assistant director Organisation for Economic Co-operation and Development Schools and universities will need to adopt new technologies. Public transportation networks will need to be upgraded. Large-scale logistical hubs will be required to remain integrated in global supply chains. Old-age citizens will need welfare support. Electricity generation will need to decarbonise. Coastal cities will need to adapt to rising sea levels. Military spending will need to protect the country. And it is obvious that health spending remains a priority. Unfortunately, tax revenue is at present too limited to finance these large investments. Vietnam’s government collected tax revenue equivalent to 16 per cent of GDP last year, according to the International Monetary Fund. This is less than Malaysia (18.3 per cent), Singapore (18.5 per cent), India (19.7 per cent), Thailand (20.3 per cent), and China (27 per cent). This is also less than before the pandemic, reflecting … [Read more...] about Tax for development: Does Vietnam need tax reform?