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Vietnam racks up US$1.29 billion in trade surplus in two months

February 28, 2021 by en.nhandan.org.vn

The country’s trade turnover during January-February topped some US$95.81 billion, a year-on-year surge of 25.4%. Of the total, exports amounted to US$48.55 billion, a yearly hike of 23.2%, while imports were estimated at US$47.26 billion, or 25.9% higher than the same time last year.

Foreign-invested companies accounted for 76.4%, or US$37.07 billion, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad US$11.48 billion worth of products.

There were nine commodities joining the billion-USD export club, including telephones and parts (US$9.3 billion, up 22.8% year-on-year); electronics, computers and parts (US$6.9 billion, up 27.3%); equipment, machines and parts (US$5.5 billion, up 72.6%); footwear (US$3.2 billion, up 15.4%); and wood and wooden products (US$2.4 billion, up 51%). They made up 73% of the country’s export turnover.

Vietnam also saw strong surge in shipments of several agricultural products, such as fruits and vegetables (US$610 million, rising 14.6%), rubber (US$516 million, increasing 109.7%), cashew (US$442 million, up 21.5%), and cassava (US$256 million, hiking 78.2%).

The US was Vietnam’s biggest importer as it splashed out US$14.2 billion on Vietnamese products, or 38.2% higher than the amount it spent the same time last year. China came second with US$8.5 billion, followed by the EU with 6.3 billion, ASEAN US$4.2 billion, the Republic of Korea US$3.4 billion, and Japan US$3.2 billion.

Meanwhile, the country spent big (US$47.26 billion) on imports, with foreign-invested sector purchasing US$31.64 billion worth of products from abroad for production, up 31.4%, while that of the domestic sector surged 16% to US$15.62 billion.

In the two-month period, China was the largest exporter of Vietnam, with revenue estimated at US$17.3 billion, up 85.7% year-on-year, followed by the Republic of Korea with US$8.4 billion, ASEAN US$5.6 billion, Japan US$3.1 billion, EU US$2.3 billion, and the US US$2.1 billion.

In a bid to support local firms in promoting production and exports, the Ministry of Industry and Trade said that it will work to capitalise on opportunities from the signed free trade agreements to seek measures for market development. Additionally, it will keep close watch on the global market to identify key export products, while paying due heed to penning measures for market development.

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Two drown when swimming at Phan Thiet beach in south-central Vietnam

February 28, 2021 by tuoitrenews.vn

Two people were confirmed dead on Sunday after they were swept away while swimming at a beach in south-central Vietnam the day before.

Rescuers found the bodies of Pham Thanh T., 29, and Nguyen Thi T.B., 30, on Sunday afternoon, the Vietnam News Agency reported.

T. hailed from the south-central province of Binh Dinh while B. came from Hoc Mon District, Ho Chi Minh City.

T. and B. had traveled with two others from Ho Chi Minh City to Phan Thiet, about 200km apart, in south-central Binh Thuan Province for a vacation on Saturday.

The four checked in at their hotel and went to the beach for a swim at around 6:00 pm that day.

All of them were swept away by strong waves, with rescuers managing to take only two to the shore safe and sound.

T. and B. went missing before being found dead.

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Filed Under: Uncategorized Vietnam Life - Two drown when swimming at Phan Thiet beach in south-central Vietnam, TTNTAG, Victoria Phan Thiet Beach Resort, Phan Thiet in Vietnam, Phan Thiet Beach

AEON Vietnam support the consumption of Hai Duong agricultural products

February 27, 2021 by bizhub.vn

Customers buy farm produce to help Hai Duong farmers at AEON – Long Bien, Ha Noi. — Photo AEON Vietnam

To support farmers in the COVID-19 hit region of Hai Duong, grocery giant AEON is selling their produce for zero profit.

The move comes after many farmers in the region have been unable to shift their stock, due to lockdown restrictions in the area.

Over the past three days, 43 tonnes of farm produce, including cabbage, kohlrabi, carrots, tomatoes, guava pears, have been trucked to big cities for sale.

Products are being sold at AEON – Long Biên, AEON – Ha Dong and AEON MaxValu Express Riverside Supermarket (Thanh Xuan, Ha Noi) and AEON MaxValu Express EcoPark (Hung Yen).

The items are being sold at low prices, to ensure profits are solely for the farmers.

Tran Thu Quynh, Northern Merchandising General Manager at AEON Vietnam, said: “Understanding the difficulties of farmers in Hai Duong, AEON Vietnam would like to join hands to support and promote the consumption of their agricultural products.

“We hope the COVIDD-19 situation will become more positive, and the lives of the people here will become stable again.”

To ensure customer’s safety, AEON Vietnam keeps maintaining and strengthening prevention measures in accordance with government regulations at all of its business locations nationwide as well as during the transportation of agricultural products.

In February 2020, AEON Vietnam also participated in the activity of “rescue” agricultural products for farmers in the Southern provinces. In just five days last February, the company consumed nearly 20 tonnes of dragon fruit and nearly 60 tonnes of watermelon. — VNS

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Third wave of coronavirus in Vietnam likely to end by late March

February 28, 2021 by dtinews.vn

The latest wave of COVID-19 infections in Vietnam is likely to come to an end in late March, according to Professor and Head of the Ho Chi Minh City Delegation of National Assembly Deputies, Nguyen Thien Nhan.

Professor Nhan has written an article giving his assessment on the third wave of coronavirus in Vietnam. Nhan Dan Online introduces the full-text of the article as follows.


On January 27, the third wave of COVID-19 infections in Vietnam began, when two cases of community infection were found in the two northern neighbouring provinces of Hai Duong and Quang Ninh. On January 28, there were 91 more cases of community infection, and a day later, 61 more were found. Subsequently, local infections spread to 11 other provinces and cities and on February 17, the total number of COVID-19 infections being treated in hospitals was 710. After February 17, the number of infected cases began to decrease gradually, although it saw some fluctuation. Because the level of infection in Vietnam is very low globally speaking and from its experience in responding to the second wave of infections in Vietnam (from July 27 to September 23, 2020), when the number of patients treated in hospitals reached its peak, the infection trend will gradually decrease and this wave of the coronavirus will end in about 60 days. However, in order to predict the development of the third infection wave in Vietnam, it is necessary to analyse the evolution of COVID-19 in the provinces and cities with the largest number of community infection in Hai Duong, Quang Ninh, Ho Chi Minh City and Hanoi.

1. COVID-19 evolution in Hai Duong

The development of the COVID-19 infections in Hai Duong, relative to the number of infected cases being treated in hospitals, reflects two trends. One is infection in the community. As infections increase, the number of patients going to hospitals will increase as well as the number of people being treated, and vice versa. Second is the effectiveness of the treatment of infected cases in hospitals. If the treatment is highly effective, the number of patients discharged will be high, thus reducing the number of remaining individuals undergoing treatment. The risk of infection to the community will decrease and vice versa.

With a population of 1.9 million, Hai Duong’s safety threshold is 19 COVID-19 patients being treated in hospitals (equivalent to 10 infected per 1 million people). On the first day of the new outbreak, only five in Hai Duong were being treated, but by the second day, 77 more were being treated in hospitals, 8.5 times higher than the epidemic safety threshold. That means the level of community infection in Hai Duong on January 28 was far too high.

By February 18, the total number of infected cases being treated was 497, equal to 26 times the safe level and meaning the epidemic had peaked. After that, the number of patients tended to decrease. In the coming days, there may be new cases of infections in the community in Hai Duong. However, if Hai Duong drastically implements measures that help decrease the number of patients on a downward trend as at its current level, combined with adjustments until the number of patients being treated are at a lower level than the safety threshold (19 patients), it can be predicted that the COVID-19 outbreak in Hai Duong will end at the end of March.

Within 23 days, from January 27 to February 18 (the epidemic peak), the average increase of patients treated was 21.4 a day. In Da Nang, the epicentre of Vietnam’s second wave of COVID-19 infection last year, the average rate of increase was 14.6 per day. However, from these two figures, it is nonsense to conclude that the outbreak in Hai Duong is spreading more rapidly, 1.5 times faster (21.4 compared to 14.6) than Da Nang. The population of Hai Duong and Da Nang are different, so it is impossible to compare the average rate of increase in the number of COVID-19 patients being treated in the two localities.

To compare the rate of COVID-19 infection in two countries or two localities, it is necessary to refer to the infection rate per 1 million people. If taking the number of infections being treated in the US with a population of 331 million on December 27, 2020 at 7.68 million, compared with the figure in Belgium with a population of 11.5 million at 575,408, it is incorrect to say that the US has a higher rate of COVID-19 infection than Belgium. Per 1 million people, the US has 23,208 COVID-19 patients currently being treated, and the figure for Belgium is 49,778. That is, the intensity of the epidemic in Belgium is twice as high as that of the US.

Hai Duong’s population is 1.9 million, and per 1 million people, the average increase in the number of COVID-19 patients receiving treatment, from the start of the third wave to the time the epidemic reached its peaks, was 11.26 per day per 1 million people (21.4 infections per day from a total of 1.9 million people), that is, out of 1 million people in Hai Duong, on average there was 11.26 additional infections each day. Da Nang’s population is 1.14 million, so the average increase in the of COVID-19 patients receiving treatment was 12.8/day/1 million people (14.6/day/1.14 million) during the second wave, higher than Hai Duong (11.26/day/1 million people) in this third wave. If one does not include the number of recovered cases during the outbreak, the average infection per 1 million people per day in Hai Duong was 13.4 new cases, while in Da Nang it was 14.8 new cases a day. That means the rate of epidemic spread in Da Nang was higher than in Hai Duong.

2. Evolution of COVID-19 in Quang Ninh

On January 27, Quang Ninh had only one new case of community infection, but a day later, 12 more were confirmed, higher than the safety threshold of 11. That is, after only two days since the new outbreak began in the community, Quang Ninh was already considered an epidemic hotspot. On February 11, the epidemic reached its peak with 59 infected people being treated, 5.17 times higher than the safety level (compared to Hai Duong, the epidemic prevalence rate was much lower, because the number of people being treated in Hai Duong at the time of the new pandemic wave’s peak was at 497 people, 26 times more than the safety threshold). After February 11, the number of patients being treated in Quang Ninh tended to decrease gradually. If Quang Ninh continues to maintain its prevention measures, with adjustments as needed, until the number of patients being treated is lower than the epidemic safety threshold (11 patients receiving treatment), the outbreak in Quang Ninh should end in early March.

3. Infection evolution in Ho Chi Minh City

With a population of more than 9 million, Ho Chi Minh City’s pandemic safety threshold is 90 COVID-19 patients being treated in hospitals. According to statistics, this number increased sharply after February 7, when infections were discovered among the cargo handling staff at Tan Son Nhat Airport. However, the number of patients being treated never exceeded 50 and the outbreak peaked on February 13 with 48 patients being treated. That means, Ho Chi Minh City had no serious outbreak announced. The rate of patients receiving treatment per 1 million people when the outbreak reached its peak was 5.33, equal to 2% of Hai Duong’s level at the peak (261 patients per 1 million people). 12 days have passed (since February 11) and Ho Chi Minh City has not recorded any new cases of community infection. It is forecast that in the last week of February there will be more recovered patients discharged and by the end of February, the number of patients being treated will be at the same level as prior to February 7 (no more than 15).

4. Evolution of COVID-19 infection in Hanoi

Because of its position near Hai Duong, two days after the first infections detected in Hai Duong (January 27), Hanoi also recorded its first community infections and new cases increased gradually, peaking on February 15 with 36 patients undergoing treatment. Hanoi’s epidemic safety threshold is 80 COVID-19 patients, so there was no widespread transmission in the capital city. The percentage of patients being treated per 1 million people in Hanoi at this time is 4.5, lower than in Ho Chi Minh City (5.33) and equal to 1.7% of Hai Duong when the outbreak reached its peak (261 per 1 million people). It is forecast that in early March, the number of infections being treated in Hanoi will decrease to the level prior to January 29 (no more than 10 patients).

5. General assessment

Firstly, the third wave of COVID-19 infections in Vietnam originated from two localities with community infections, Hai Duong and Quang Ninh, discovered on January 27, then spread to 11 other provinces and cities. As of February 23, 811 cases of infection had been detected, of which 627 were in Hai Duong (accounting for 77.3% of the total), 61 in Quang Ninh (7.5%), 36 in Ho Chi Minh City (4.4%), 35 in Hanoi (4.3%), 27 in Gia Lai (3.3%), six in Binh Duong, five cases in Bac Ninh, Hai Phong with four, Dien Bien three, Hoa Binh with two, Bac Giang with two, Hung Yen with two and Ha Giang two. The two localities with the highest rates of infection per 1 million people were Hai Duong with 330 infections per 1 million people and Quang Ninh with 53.5 per 1 million people. They are also considered the two localities with widespread COVID-19. The rest, though recording infections at different rates were practically not seeing widespread transmission, as infections were always below epidemic safety levels in each respective locality (10 patients treated per 1 million people).

Hai Duong and Quang Ninh accounted for 84.8% of the total number of community infections as of February 23. Eight provinces and cities with the number of people infected at six or below have a total of 25 cases, equalling 3.08% of the whole country’s total infections. The remaining 50 provinces and cities have had no community infection, accounting for 79% of the total number of provinces and cities nationwide. Vietnam is experiencing its third wave of COVID-19 infections, but there is no large-scale epidemic prevalence, only the two provinces of Hai Duong and Quang Ninh have seen widespread outbreaks.

Secondly, with the efforts and determination of 13 provinces and cities, the active support of the health sector across the country, the clear and concise direction of the Government, and collective experience against outbreaks in the previous two waves, the third wave is likely to be terminated by the end of March, that is, after about 60 days (January 27 – March 27), like the two waves before (first wave: 58 days, second wave: 59 days).

It is expected that in Ho Chi Minh City, by the end of February, the situation will return to normal, and in Hanoi and Quang Ninh in early March, while Hai Duong should do so by the end of March. Exports, business operations, transport and entertainment activities can resume in a new normal state in accordance with the above forecasted timelines.

Thirdly, the risk of a new wave of COVID-19 infections still exists, if Vietnam does not promptly and strictly control entry into the country, including both official and illegal cases, to eliminate and minimise the risk of entries bringing infections into the community.

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Vietnam jumps three notches in Global Soft Power Index

February 28, 2021 by dtinews.vn

Vietnam climbed three places to 47th in the Global Soft Power Index 2021 thanks to significant improvements in its national brand and socio-economic achievements over the past year, according to Brand Finance Global Soft Power Index Report.

Viet Nam seems to have managed all aspects of its perception quite well. Especially the integration and alignment of its nation brand and the brands from the country, according to Samir Dixit, Managing Director, Brand Finance Asia Pacific.

The Prime Minister Nguyen Xuan Phuc approved the Viet Nam National Brand Program from 2020 to 2030, which aims to increase the value and rankings of the nation brand while targeting over 1,000 products to become strong national brands. The brands from the country are managed through specific efforts and initiatives undertaken by Vietrade, under their nation mark program “Viet Nam Value”, he added.

At a national level, Viet Nam had established diplomatic relations with 187 out of 193 member states of the United Nations and completed the process of negotiating and signing new-generation FTAs – including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Viet Nam Free Trade Agreement – making the country an important factor in all regional and intra-regional economic links, which is a booster for Viet Nam’s imports and exports.

Vu Ba Phu, Director General, Viet Nam Trade Promotion Agency, Ministry of Industry and Trade said soft power stems from not only the inheritance and promotion of its own values – including the heroic history, tradition, culture, and peace-loving foreign policy – but also the development and optimization of its new position and advantage.

In the difficult context of 2020, the successful “dual role” performance of Viet Nam, as both ASEAN President and non-permanent member of the UN Security Council, is a testament to the harmonious application of soft power in Viet Nam’s multilateral and bilateral diplomatic relations, said Phu.

Viet Nam is one of the most open economies in the world, with the ratio of trade to GDP increasing from 136% in 2010 to approximately 200% in 2019.

Amid COVID-19 shutdowns, causing outputs to slump in early 2020, Viet Nam was among a very few number of countries to achieve positive GDP growth – of nearly 3%./.

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One year on, Vietnamese medicine matures alongside successful COVID-19 fight

February 28, 2021 by en.nhandan.org.vn

>>> The health sector reforms strongly and comprehensively to better serve the people

>>> Third wave of coronavirus in Vietnam likely to end by late March

From the first cases of COVID-19 infections being detected, under the direction of the Party, the Government and the National Steering Committee for COVID-19 Prevention and Control, the health sector has actively coordinated with the relevant ministries, agencies and localities in carrying out drastic, vigorous, prompt and effective epidemic prevention and control measures. The sector has proactively advised and built fully and in detail documents and professional instructions, while always preparing adequate human resources, equipment, drugs, materials and chemicals to ensure the work is effective. Outbreaks were quickly zoned and handled in a timely manner, leading to the number of infections totalling a very small number compared to the population size.

The health sector perseveres with its policy of isolating close contacts and taking samples from them to immediately remove pathogens from the community and prevent the spread of infection. Vietnam’s quarantine mechanism is designed in detail to ensure that all infected, suspected infected and close contacts are isolated. In addition to requiring everyone to be centrally isolated for at least 14 days upon entry into the country, from the very beginning, the four-ring quarantine mechanism has been implemented, helping cut off and effectively prevent outbreaks in a relatively short space of time.

The pandemic control has also shown the growth of Vietnam’s testing system. As of February 2021, Vietnam had carried out COVID19 testing on more than 2.2 million samples in 96 confirmed units. Such testing capacity can completely respond to epidemic outbreaks on a large scale.

In terms of treatment, the division of subjects for effective treatment has been strictly maintained, helping prevent too many positive cases from flocking to major hospitals. COVID-19 infected cases found in any locality are treated by local physicians. The Ministry of Health also continuously updates treatment regimens and establishes remote examination and treatment systems with leading experts supporting the lower levels, along with rapid response mobile teams. To date, many district health facilities have received and treated COVID-19 patients, helping many recover from the deadly disease.

Precision in logistics is also an important factor helping Vietnam defeat the pandemic. The health sector has coordinated with the concerned ministries, agencies and localities to proactively prepare the necessary logistics, including all medical equipment, consumables, biological products, face masks and protective equipment to form a solid premise for the epidemic response. A lot of domestically produced equipment has been donated to other countries in the spirit of a joint effort to fight COVID-19.

From February 2020, when the first COVID-19 infections appeared in Vietnam, experts from the National Institute of Hygiene and Epidemiology successfully cultured and isolated the SARS-CoV-2 virus in their labs. Vietnam became one of four countries in the world at that time able to do this. It helped identify “the enemy” while at the same time was a prerequisite for the research and development of testing products as well as vaccines for disease prevention.

Notably, up to now, Vietnam has four manufacturers participating in the research and production of COVID-19 vaccines, of which three have developed official products (one having been put into Phase 2 of clinical trials with two others in preparation for Phase 1). It is expected that in early 2022, Vietnam will have an official home-grown COVID-19 vaccine to put into use, helping it hold the initiative in the fight against COVID-19.

Over the past year, the “four onsite” anti-epidemic motto (on-site command, on-site forces, on-site equipment and materials, and on-site logistics) has always been focussed upon and achieved good results. In addition to the National Steering Committee, there are 63 Steering Committees for the prevention and fight against COVID-19 at provincial and municipal levels, while district, commune, and ward levels have mobilised all departments, branches and units concerned to participate in the fight to ensure the comprehensive implementation of epidemic prevention measures proposed by Steering Committees and suitable for local conditions. On the other hand, the community-based COVID-19 response model is also a unique one. Tens of thousands of such groups have been established in localities across the nation and have brought into full play the combined strength of local government and the consciousness of the people in quickly stopping outbreaks.

“Unprecedented” solutions deployed by the health sector in response to the COVID-19 epidemic have brought about great results. Hundreds of physicians, leading experts at the top national institutes and hospitals, such as National Institute of Hygiene and Epidemiology, Bach Mai Hospital, National Hospital for Tropical Diseases, Hanoi Medical University Hospital and Cho Ray Hospital, have been sent to hot spots in Da Nang, Ho Chi Minh City, Dien Bien and Hai Duong. Some medical centres, even sports complexes, have been turned into field hospitals to receive COVID-19 patients for treatment. Continuous nationwide online medical conferences with the participation of leading experts from across the country have been organised, providing timely professional support to lower level doctors and promptly helping many critically-ill COVID-19 patients recover.

The battle against COVID-19 will continue, but with the health sector’s maturity and its accumulated anti-epidemic experience, we can once again believe that victory belongs to Vietnam.

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