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Vietnam confirms nine new Covid-19 cases

February 24, 2021 by e.vnexpress.net

Eight of the patients numbered 2404-2412 were already in quarantine and the ninth was detected during a province-wide testing campaign.

With two cases confirmed in the morning, Hai Duong has recorded 11 cases Wednesday.

The province leads in the number of community cases recorded since January 28 at 636, followed by Quang Ninh (61), Ho Chi Minh City (36) and Hanoi (35).

The national Covid-19 tally stands at 2,412, with 1,790 recoveries and 35 deaths. Thirty recoveries were announced Wednesday.

Most of the active patients are in stable health, with 191 having tested negative for the novel coronavirus at least once.

Ten containers with 117,600 Covid-19 vaccine doses produced by the AstraZeneca companyarrived at HCMC’s Tan Son Nhat International Airport Wednesday morning.

Covid-19 has claimed nearly 2.5 million lives globally.

VPBank breaks into Brand Finance’s top 250 value banks in 2021

February 23, 2021 by en.vietnamplus.vn

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) jumps 37 spots to enter the Brand Finance’s top 250 in rankings of the world’s most valuable banks in 2021. (Photo: VNA)

Hanoi (VNA) – The Vietnam Prosperity Joint Stock Commercial Bank ( VPBank ) has jumped 37 spots to enter the Brand Finance’s top 250 in rankings of the world’s most valuable banks in 2021.

According to the Brand Finance Banking 500 2021 ranking , VPBank ranked 243rd in banking brand value this year.

Its brand value grew 41 percent to 502 million USD this year from 354 million USD in 2019. It also represents a nine-fold increase against 2016 when the bank’s brand value was first evaluated at 56 million USD.

The 2021 ranking was calculated based on a brand’s market share, growth rate, property size, financial capacity, operating efficiency and prestige, said Lai Tien Manh from Brand Finance Vietnam.

In the face of COVID-19 that has taken a heavy toll on the global financial system, VPBank’s brand value growth is spectacular, he added.

Ending 2020, the bank’s total asset reached 419 trillion VND (nearly 18.2 billion USD), outstanding loans exceeded 320 trillion VND, while non-performing loan rate was kept at below 3 percent.

Eight other Vietnamese banks have also been named in the Brand Finance Banking 500, namely Agribank, Vietcombank, VietinBank, BIDV, Techcombank, MB, Sacombank and ACB./.

VNA

Coffee sector to boost exports on EVFTA incentives

February 1, 2021 by vov.vn

Statistics compiled by the General Department of Vietnam Customs indicate that Vietnam exported 1.57 million tonnes of coffee worth US$2.74 billion last year, representing a decrease of 5.6% in volume and 4.2% in value, while the average export price saw a slight increase of 1.4% to US$1,751.2 per tonne compared to 2019.

Germany remains the largest consumer of Vietnamese coffee, importing 223,581 tonnes worth US$350.41 million, marking a decline of over 4% in both volume and turnover. Meanwhile, the average export price in the market stood at US$1,567 per tonne, a rise of 0.4%.

The Southeast Asian market ranked second in terms of turnover with US$328.36 million, a drop of 8.6% in turnover, followed by the United States’ market with US$254.89 million.

The MARD anticipates that there are positive signs moving forward for coffee exports as Vietnam’s coffee export markets suffered huge losses due to the COVID-19 pandemic leading to an increase in domestic demand for coffee.

Despite this forecast, the rebound of coffee prices will largely be dependent on the tourism industry’s recovery level in the post-COVID-19 landscape.

Moreover, local businesses have been advised to make full use of opportunities brought about by the EU-Vietnam Free Trade Agreement (EVFTA) in order to boost exports in the near future.

MARD Deputy Minister Le Quoc Doanh said the enforcement of the EVFTA has seen the EU remove all taxes on unroasted or roasted coffee products from 7% to 0%, while tariffs on processed coffee types are set to be slashed from 9% to 0%.

Simultaneously, coffee makes up one of 39 of the country’s geographical indications that have been protected by the EU following the implementation of the EVFTA, an agreement which has created a huge competitive advantage for the local coffee industry in comparison with other competitors in the EU market.

Lockdowns in all 33 areas in HCMC lifted

February 24, 2021 by english.thesaigontimes.vn

Lockdowns in all 33 areas in HCMC lifted

The Saigon Times

A security guard handles tape used to lock down on the 15th floor of the Carillon Apartment Building’s Block F in Tan Binh District, HCMC. The lockdowns in all 33 areas in the city have been lifted – PHOTO: PLO

HCMC – The lockdown on the 15th floor of the Carillon Apartment Building’s Block F on Hoang Hoa Tham Street, Tan Binh District, the last location that was on lockdown in HCMC, was lifted on February 23. Thus, the lockdowns in all 33 areas in the city have been lifted.

Nguyen Khac Nguyen, chairman of Ward 13, Tan Binh District, where the apartment building is located, said the move was made after all residents on the 15th floor had tested negative for Covid-19, the local media reported.

Block F was blocked from February 9 as a Covid-19 patient, who is an employee of Vietnam Airlines, lives there. Three people living in the same apartment with the patient were placed under quarantine at the Cu Chi Field Hospital, 26 others who had indirect contact with the patient were quarantined at home and all residents of the apartment building had their samples taken for Covid-19 testing.

The city has passed 13 consecutive days without new local infections and has basically controlled the infection cluster at the Tan Son Nhat International Airport.

However, the situation in other parts of the country remains complicated. The risk of community transmission is still high in the city as there are big numbers of people traveling from other localities to the city after the Lunar New Year holiday, according to the municipal Center for Disease Control.

From February 16, the city asked those coming to the city to make health declarations and randomly tested those at the Mien Dong Coach Station, the Saigon Railway Station, the Tan Son Nhat International Airport and boarding houses. Those from coronavirus-hit areas in Haiphong, Hai Duong and Hung Yen have been quarantined and tested.

The city is treating 43 Covid-19 patients and quarantining nearly 1,400 people in centralized quarantine centers and 571 others at home. The municipal Department of Health has come up with three response plans to combat the pandemic. In the worst-case scenario, the city will have 500 patients and some 2,800 people who are suspected of being infected with the disease.