Vietnam value

The Government has issued Resolution 01/NQ-CP on socioeconomic targets for 2022, following which the Government targets a gross domestic product (GDP) growth of 6%-6.5% and GDP per capita at US$3,900. Female workers are seen at a bakery. The Government targets GDP per capita at US$3,900 this year. – SGT Photo: Minh Duy According to the Government, 2021 was a tough year due to the Covid-19 pandemic, but the macro economy was kept stable and inflation under control. The State budget deficit was below 4% of GDP in 2021. State budget revenues reached VND1,653 trillion (US$72.65 billion) last year, or 16.4% higher than the target, while budget spending was VND1,879 trillion, 11.4% higher than the target, including VND74 trillion for the Covid-19 fight. The country’s total import-export value of goods reached US$668.5 billion, soaring 22.6% against 2020, of which exports rose 19% and imports increased 26.5%. Agriculture continued to be one of the main pillars of the … [Read more...] about Vietnam targets GDP per capita at US$3,900 in 2022

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on Wednesday for Nitin Kapoor, President for Asia Area Frontier Markets at AstraZeneca, and Chairman and General Director of AstraZeneca Vietnam. Prime Minister Pham Minh Chinh (right) had talks with Nitin Kapoor, President for Asia Area Frontier Markets at AstraZeneca, and Chairman and General Director of AstraZeneca Vietnam, on Wednesday in Hanoi. — VNA/VNS Photo Duong Giang Highly valuing the role and contributions of AstraZeneca in the fight against COVID-19 in the world and Vietnam, PM Chinh hailed AstraZeneca Vietnam’s close coordination with the Vietnamese Ministry of Health, Ministry of Foreign Affairs and relevant agencies to complete its commitment to provide 30 million COVID-19 vaccine doses for Vietnam in 2021 ahead of schedule, contributing to the country’s efforts to switch to strategy of safe, flexible adaptation to and effective control of the pandemic. AstraZeneca has also helped foster the … [Read more...] about AstraZeneca to slash vaccine prices for Vietnam, transfer production technology

The SATForRice program is conducted by spectroscopic analysis Initial results According to the Ministry of Agriculture and Rural Development (MARD), so far digital transformation in the agricultural sector has been applied in cultivation, husbandry, fisheries and forestry, yielding excellent results. Specifically, programs and software to manage plantations and precision agriculture are applied to optimize the use of resources (water, fertilizers, etc.) and gradually switch from traditional to modern farming methods to increase crop yield, reduce dependence on environmental and weather conditions, control disease and improve breeds. Initial digital transformation has been applied effectively in the fishery sector It is estimated that by the end of 2021, there were 19,000 agricultural cooperatives and 79 unions of agricultural cooperatives across the country, of which over 2,200 cooperatives have applied digital technology in production, accounting for 12 … [Read more...] about Vietnam’s agriculture in race to digital transformation

Lazada hit impressive milestones in 2021, with remarkable profits, site traffic and record number of orders and new sellers on the platform, and step-by-step attracted consumers and partners across the country. Looking back on a breakthrough year, Lazada Vietnam’s leaders shared their experiences in surviving the pandemic, thereby continuously creating more value for customers, users as well as business partners. An amazing digital migration The pandemic has posed many challenges, but it has also pushed businesses to adapt the digital transformation. Ladaza Vietnam's CEO described this amazing "digital migration" of Vietnamese businesses as an "astonishing wave". Since October 2021, the number of new sellers joining the platform has increased by about 30 percent per month. According to the recent report: "E-commerce in 2021: Adapting and quickly overcoming obstacles from Covid-19", in the first 11 months of the year, sellers from non-urban areas accounted for 40 percent of … [Read more...] about Behind e-commerce giant Lazada’s success in pandemic-hit year

Cho Ray Hospital in Ho Chi Minh City kicked off its traditional Tet celebration on Wednesday with flower decorations and iconic backgrounds, in the hope of kindling familiar moments and a cozy atmosphere for both patients and medical workers during the holiday. The floral arrangements were designed to stretch along major pedestrian zones at the hospital, bringing a cheerful vibe to every corner of the campus. Medical workers from 76 departments at the hospital were in a collective effort to create colorful flower streets, varied cultural decorations and a joyful atmosphere, aiming to help patients relieve their pain and handle homesickness. The floral ornaments show peaceful villages and iconic kitchen corners where Vietnamese make traditional Tet cakes and prepare family union meals, reminding visitors of the tranquil scenery and warm air of Tet in Vietnam’s countryside. Medical workers have a great time taking a wefie at Cho Ray Hospital in Ho Chi Minh City. … [Read more...] about Ho Chi Minh City hospital sets up flower street for patients in Tet celebration

Masan High-Tech Materials is among Việt Nam's 50 Best Performing Companies in 2021. — Phot courtesy of Masan HÀ NỘI — Masan High-Tech Materials has been named among the ‘Top 50 Vietnam The Best in 2021’ by Vietnam Report JSC and VietNamNet. An awards ceremony was held at the National Convention Centre in Hà Nội on January 14, 2022, to honour Việt Nam's leading groups and companies that managed to meet the key selection criteria such as being ranked in the list of the 500 largest enterprises in Việt Nam (VNR500) for three consecutive years, having good capital efficiency, consistent profit growth prospects, and a strong commitment to corporate social responsibility. Masan High-Tech Materials received this prestigious award thanks to its innovation and sustainability activities despite facing various challenges due to the COVID-19 pandemic. Though the outbreak brought great challenges to enterprises, industries and markets all over the world, the company found a way to balance … [Read more...] about Masan High-Tech Materials among Việt Nam’s 50 Best Performing Companies in 2021