Sectors most hit by covid 19

Rising COVID-19 cases are driving up the use of therapeutics, with Pfizer Inc's oral antiviral treatment Paxlovid seeing a 315% jump over the past four weeks, U.S. health officials said on Tuesday. The increase in U.S. cases and hospitalizations is starting to affect recommendations on behavior, with New York City, the nation's most populous city, advising stricter mask usage but stopping short of new mandates. Apple has scrapped return to office plans. "Increasingly, we'll see this virus hit people who are substantially older, frail, have underlying illnesses, or are distinctly immunocompromised," said Dr. William Schaffner, infectious disease expert at Vanderbilt University Medical Center in Nashville. "But we now have better treatments and many of those people will leave the hospital vertically rather than horizontally." The United States is averaging nearly 97,000 new cases a day, up from about 73,000 a week ago, according to a Reuters tally. Cases have been gradually … [Read more...] about As U.S. COVID-19 cases rise, so does demand for antivirals

Because of strict visa policies, promotions to attract international tourists have not been as effective as expected, according to many businesses. Enterprises have made huge investments to welcome back tourists, but such illogical visa policies may slow down the tourism recovery pace. Being confused and facing difficulties Many travel companies in Da Nang City told Tuoi Tre (Youth) newspaper that visa policies for foreign tourists were still their biggest concern. Before the COVID-19 outbreak, Vietnam offered the visa waiver policy for citizens of many countries and the normal visa approval period was three to five days (visas which were valid for 30 days). However, the list of countries whose citizens are entitled to Vietnam’s visa waiver policy has been shortened and the visa processing period has been lengthened, putting enterprises at a disadvantage. Cao Tri Dung, chairman of the Da Nang Tourism Association, said that after the COVID-19 pandemic, the number of … [Read more...] about Strict visa policies hinder international guests from visiting Vietnam

Secretary of HCMC Party Committee Nguyen Van Nen speaks at the event. The award ceremony aimed to celebrate the 132nd anniversary of the birthday of President Ho Chi Minh (May 19, 1890-2022) and 110 years since President Ho Chi Minh left the country to seek ways for national salvation (June 5, 1911). Speaking at the event, secretary of HCMC Party Committee Nguyen Van Nen praised exemplary models in studying and following President Ho Chi Minh’s example. They are typical of working and doing the work to the best of their abilities as well as contributing to the development of the country and HCMC. Secretary of HCMC Party Committee Nguyen Van Nen (4th, L) presents certificates of merit to outstanding individuals and teams . The City's Party Chief said that as a city that was hit the hardest during the Covid-19 pandemic, HCMC has shown positive signs of socioeconomic recovery . The municipal authorities launched HCMC’s theme for 2022 is “Safe, flexible adaptation to … [Read more...] about HCMC honors 355 exemplary models in following Uncle Ho’s example

Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB

National Assembly Chairman Vương Đình Huệ and his Singaporean counterpart Tan Chuan-Jin held talks in Hà Nội on Wednesday. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Speaker of Singaporean Parliament Tan Chuan-jin and Chairman of Vietnamese National Assembly have agreed that successful economic cooperation will elevate bilateral relations during the official talks on Wednesday in Hà Nội. The Singaporean parliament leader is in the capital for a three-day visit on the invitation of his Vietnamese counterpart. NA Chair Huệ said the ‘miraculous development’ of Singapore with the wise vision of the leadership and the aspirations of the people are always a source of inspiration to Vietnamese leadership and people. Amid complicated regional and global geopolitical, economic developments, the two countries should tighten relations, including between the legislations to contribute to the advancement of the Strategic Partnership. Speaker Chuan-jin said his visit to Việt Nam is a chance for … [Read more...] about Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders

The Emirates Group has released its 2021-22 Annual Report, which shows a strong recovery across its businesses.— Photo courtesy of Emirates The Emirates Group has released its 2021-22 Annual Report, which shows a strong recovery across its businesses. dnata returned to profitability, and significant revenue improvements were reported across Emirates and dnata as the group rebuilt its air transport and travel-related operations, which were previously cut back or curtailed by the pandemic. For the financial year ended 31 March 2022, the Emirates Group posted a loss of AED 3.8 billion (US$ 1.0 billion) compared with an AED 22.1 billion (US$ 6.0 billion) loss for last year. The group’s revenue was AED 66.2 billion (US$ 18.1 billion), an increase of 86 per cent over last year’s results. The group’s cash balance was AED 25.8 billion (US$ 7.0 billion), up 30 per cent from last year, mainly due to strong demand across its core business divisions and markets, triggered by the easing … [Read more...] about Emirates Group reports strong recovery in 2021-22