Vietnam u19 vs laos u 19

Vietnam’s export turnover is forecast to surpass 315 billion USD this year, which, however, requires more drastic measures. According to the General Department of Vietnam Customs, in the first eight months of this year, the country’s export revenue stood at 213.52 billion USD, up 21.8 percent year-on-year. Based on the eight-month performance, together with the latest market situation, economists have drawn up two scenarios for Vietnam’s exports in the remaining months and the whole year. Under the first scenario when the COVID-19 pandemic is put under control in October, the export value for the remaining four months of the year would reach 108.8 billion USD and 322 billion USD for the entire year, up 14.3 percent from last year. Meanwhile, under the second scenario when the pandemic is only contained at the end of the year, the revenue is projected to go down 4.4 percent to 102.7 billion USD in the four-month period, and total 316 billion USD for the year, an … [Read more...] about Vietnam’s 2021 exports forecast to exceed $315 billion

Illustrative image (Photo: baodautu.vn) Hanoi (VNA) – Vietnam’s export turnover is forecast to surpass 315 billion USD this year, which, however, requires more drastic measures . According to the General Department of Vietnam Customs, in the first eight months of this year, the country’s export revenue stood at 213.52 billion USD, up 21.8 percent year-on-year. Based on the eight-month performance, together with the latest market situation, economists have drawn up two scenarios for Vietnam’s exports in the remaining months and the whole year. Under the first scenario when the COVID-19 pandemic is put under control in October, the export value for the remaining four months of the year would reach 108.8 billion USD and 322 billion USD for the entire year, up 14.3 percent from last year. Meanwhile, under the second scenario when the pandemic is only contained at the end of the year, the revenue is projected to go down 4.4 percent to 102.7 billion USD in the … [Read more...] about Vietnam’s 2021 exports forecast to exceed 315 billion USD

South Korean President Moon Jae In has announced that they would send over one million Covid-19 vaccine doses to assist Vietnam in its Covid-19 fight. South Korean President Moon Jae-in (R) meets with Vietnamese State President Nguyen Xuan Phuc in New York on September 21 on the sidelines of the 76th UN General Assembly. President Moon announced the vaccine donation plan during his meeting with Vietnamese President Nguyen Xuan Phuc in New York on the sidelines of the United Nations General Assembly’s 76th session on September 21 (New York time). According to President Moon, the vaccine donation to Vietnam will be South Korea’s first direct provision of the vaccine to a foreign nation, except for its financial support through the COVAX Facility. The vaccine is expected to be sent to Vietnam in October. Thanking the South Korean Government for timely vaccine support, President Phuc emphasized that Vietnam would continue to create favourable conditions for South … [Read more...] about South Korea to donate one million doses of Covid-19 vaccine to Vietnam

At a meeting Wednesday with French ambassador to Vietnam, Nicolas Warnery, he also hoped French businesses and organizations would support Vietnam by providing medical equipment, according to the Ministry of Foreign Affairs. He called for stepping up bilateral cooperation in medicine, especially through sharing their experiences in combating the epidemic. Warnery said he would cooperate with French authorities to boost the progress for completing the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA), and to seek ways to aid Vietnam with more Covid-19 vaccines, among other assistance. France provided 672,000 doses of the AstraZeneca vaccine to Vietnam through the global vaccine access mechanism Covax on September 14. Vietnam has bought or received donations of around 45 million doses so far. Over 28 million people have received at least one shot, with around seven million being fully vaccinated. The country aims to secure 150 million doses to cover 70 … [Read more...] about Vietnam seeks Covid vaccines, technology from France

Three months ago, Nike gave a rosy outlook for the rest of the year as it benefited from consumers splurging on sneakers for running and hiking as they returned to their routines after over a year of staying at home. Still, some analysts have cut their outlook for Nike's sales, predicting that lockdowns and factory closures in Vietnam, where about half of all Nike footwear is manufactured, will cause shortages during the crucial shopping season. "We believe the risk of significant cancellations beginning this holiday and running through at least next spring has risen materially for Nike as it is now facing at least two months of virtually no unit production at its Vietnamese factories," BTIG analysts wrote in a note. Many factories in Vietnam's manufacturing hubs have been shut or are operating with drastically fewer on-floor workers since mid-July as a surge in Delta variant cases forced the government to implement tight containment policies. Other apparel companies including … [Read more...] about Nike’s Vietnam supply hurdles in focus ahead of quarterly results

The private sector will be integral in Vietnam's recovery from COVID-19. Photo: baodautu.vn The Vietnam Country Private Sector Diagnostic (CPSD) report, by the International Finance Corporation (IFC) and the World Bank, says while the private sector has played a frontline role in Vietnam’s outstanding development in recent years, it is now time to fully exploit the potential of the private sector to boost productivity growth so Vietnam can achieve its goal of becoming a high-income country by 2045. “The private sector has helped propel Vietnam to join the ranks of middle-income economies in just one generation, and the country was preparing for its next economic transformation when the COVID-19 hit,” said Kim-See Lim, IFC regional director for East Asia and the Pacific. “With another wave, it’s all the more imperative for Vietnam to help develop a dynamic, diversified, and innovative private sector for the post-COVID 19 recovery phase, as public resources become scarce.” The … [Read more...] about Stronger private sector – a key to economic transformation in Vietnam