The number of passengers sharply dropped in 2020 because of Covid-19 and severe flooding in the central region. Service quality was also affected by the VND7trn (USD302m) infrastructure repair and upgrade project. The trains had to run very slowly in 50 locations. Sometimes railway sections were blocked. The number of passengers dropped by 52.5% compared to the previous year while the revenue from passenger transportation decreased by 51.7%. Many train services were temporarily suspended. … [Read more...] about Vietnam Railways Corporation predict huge loss amid Covid-19
Vietnam under 19 league
No new COVID-19 cases to report, tally stays unchanged on Jan. 17
Hanoi (VNA) – The number of COVID-19 cases in Vietnam remains at 1,537 as no new infections were reported between 6pm on January 16 and 6pm on January 17. That includes 693 cases of domestic transmission, according to the National Steering Committee for COVID-19 Prevention and Control. As of January 17, 1,380 patients have recovered from the disease while the number of related fatalities is still kept at 35. Ten of those still under treatment have tested negative for SARS-CoV-2, the virus that causes COVID-19, once, another ten twice, and ten others thrice. There are 17,954 people having close contact with confirmed cases or coming from pandemic-hit regions in quarantine at present./. … [Read more...] about No new COVID-19 cases to report, tally stays unchanged on Jan. 17
Vietnam seeks to avoid middle-income trap before time runs out and population ages
In its report on socio-economic development in 2016-2020, the Ministry of Planning and Investment (MPI) pointed out that the economic growth rate was lower than targeted, while the gap between Vietnam and other regional countries still has not narrowed. The risk of falling into the middle-income trap and the possibility of lagging further behind remain big challenges. … [Read more...] about Vietnam seeks to avoid middle-income trap before time runs out and population ages
Necessity sparks invention: new selling methods emerge during Covid-19
Instead of giving coffee to customers by hand, a coffee shop in district 1, HCM City, did so with the support of a fishing rod. Customers were asked to stand in a place designed for them. The distance from the spot to where the deliverymen stood was 2 meters. … [Read more...] about Necessity sparks invention: new selling methods emerge during Covid-19
VIETNAM BUSINESS NEWS JANUARY 18
Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 18