Green climate fund 100 billion

Vietnam reported US$2.7 billion in trade deficit in the first seven months of this year while the same period last year enjoyed a trade surplus of US$8.69 billion, the General Statistics Office (GSO) announced on July 29. During the seven-month period, Vietnam posted total export revenue of US$185.33 billion, up 25.5% over the same period last year. The domestic economic sector suffered a total trade deficit of US$17.8 billion while the foreign direct invested sector saw a total trade surplus of US$15.7 billion. During the seven-month period, the country posted total export revenue of US$185.33 billion, up 25.5% over the same period last year while import revenue was US$188.03 billion, up 35.3% as against the same period last year. The US was the largest export market of Vietnam in the first seven months of this year with export revenue of US$53.6 billion, up 37.4% over the same period in 2020. The Chinese market came in second with export revenue of US$28.7 … [Read more...] about Vietnam posts US$2.7 billion in trade deficit in seven months

According to the VFF Committee of HCM City, over the past time, the city has received great care and timely support from localities and agencies across the country for its COVID-19 prevention and control. On behalf of the city’s leaders, Chairwoman of the VFF Committee of HCM City To Thi Bich Chau expressed her deep thanks for the timely support, especially for the valuable gifts from the authorities and people of Thanh Hoa province. Upon receiving the donations, the VFF Committee of HCM City will distribute them to quarantine sites, lock-down areas, pandemic-hit people, and anti-COVID-19 forces. Previously, Thanh Hoa province donated 500 million VND to HCM City’s COVID-19 Prevention and Control Fund. * The same day, Hoang Ngoc Joint Stock Company handed over an ambulance, valued at 750 million VND, to HCM City’s 115 Emergency Center to support the city’s fight against the COVID-19 pandemic. The center sent its thanks to the sponsors and the VFF Committee of HCM City for … [Read more...] about HCM City receives COVID-19 aid from Thanh Hoa province

Ministry confirms 3,657 new Covid-19 cases, 139 fatalities The Saigon Times A medical worker conducts Covid-19 tests. The Ministry of Health has confirmed 3,657 new Covid-19 cases and 139 fatalities - PHOTO: VNA HCMC – The Ministry of Health this evening, July 30, reported 3,657 new Covid-19 cases, including 22 imported cases and 3,635 domestic infections in 30 localities, and 139 Covid-19 deaths in nine localities. Among the new locally-infected cases, the infection sources of 715 cases remain unknown. HCMC continued to make up the largest number of the new infections with 1,542 cases, followed by Binh Duong with 636, Long An with 448, Dong Nai with 157 and Can Tho with 151 cases. Moreover, 139 other cases were found in Khanh Hoa, 133 in Ba Ria-Vung Tau, 81 in Hanoi, 67 in Dong Thap, 65 in Danang and 36 in Tra Vinh. The rest were detected in 19 other provinces. Thus, the country recorded 8,622 Covid-19 cases today, rising 1,029 cases over yesterday and being … [Read more...] about Ministry confirms 3,657 new Covid-19 cases, 139 fatalities

The Vietnamese Prime Minister expressed thanks for Romania’s support of 100,800 doses of the AstraZeneca vaccine, which demonstrates the sincere friendship and close linkage between the two countries. Prime Minister Pham Minh Chinh called for the Romanian Government to continue sharing vaccine doses with Vietnam as the country is making best efforts to stamp out the Covid-19 outbreak. Prime Minister Pham Minh Chinh and Romanian Ambassador to Vietnam Cristina Romila. Photo: Nhat Bac Chinh made the request in a meeting with Romanian Ambassador to Vietnam Cristina Romila today [July 30]. On this occasion, Chinh expressed his thanks for Romania’s support of 100,800 doses of AstraZeneca vaccines for Vietnam, which demonstrates the sincere friendship and close linkage between the two countries. “Vietnam gives priority to the longstanding bilateral relations with Romania that has been nurtured for the past 70 years,” Chinh noted, saying with Romanian timely … [Read more...] about Vietnam seeks Romania’s supply of Covid-19 vaccine

Credit demand has been on the rise in the first half of the year and is set to maintain its growth momentum for the second six months. Credit risks are expected to be a major issue in the last six months of this year with growing demand for bank loans in the fields of real estate, insurance, and securities. Customers at a BIDV Bank in Hanoi. Photo: Quoc Viet The State Bank of Vietnam (SBV) made the remarks in its June survey on the credit trend of banks,  saying the risk is forecast to decline in 2022 in case the pandemic control improves. The survey noted for the first six months of the year, 38 banks and credit institutions had met 100% of credit demands from customers, or 44.9% of the total, which is also the highest rate in the past four years. Meanwhile, the rate of banks meeting “75-100%” of customer’s demands remained at over 90%. “Overall, credit demand has been on the rise in the first half of the year, and is set to maintain its growth momentum … [Read more...] about Central Bank warns of risks in real estate lending

A representative of Steve Bui and Friends Foundation hands over 30,000 N95 medical masks to Ho Chi Minh City (Photo: VNA) HCM City (VNA) – The Steve Bui and Friends Foundation on July 30 presented 30,000 N95 medical masks to Ho Chi Minh City to support the city in controlling COVID-19 pandemic. The gift has been handed over to the Vietnam Fatherland Front Committee of HCM City to deliver to Thu Duc city, Tan Binh district, the Medical Centre of District 6, and hospitals for COVID-19 treatment. President of the foundation Steve Bui, an overseas Vietnamese in Japan, said that he hopes the present will help HCM City, the current biggest COVID-19 hotspot in Vietnam, to stem the pandemic. The gift reflects the sentiments of the Vietnamese community abroad towards the city through the foundation, he said, expressing his wish that life in the city will resume to normal soon. Steve Bui and Friends Foundation in HCM City has  presented the People’s Committee of District 7 … [Read more...] about Vietnamese community abroad supports HCM City in fighting COVID-19