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Vietnam visa on arrival price

Former tourism chief blames visa rule for Vietnam’s falling tourist arrivals

April 18, 2015 by tuoitrenews.vn

Editor’s note: Luong Hoai Nam, former deputy head of the Vietnam National Administration of Tourism, says the current visa policy is discouraging international tourists from visiting the country in his op-ed exclusively written for Tuoi Tre (Youth) newspaper.

Nam’s piece of writing is particularly worth noticing at a time when Vietnam reported its tenth straight drop in tourism arrival number in March, according to the VNAT statistics.

The Vietnamese tourism visa policy, especially the complicated procedures to get a visa, is one of the import reasons why the number of international tourists visiting Vietnam did not increase but continuously shrank over the past time.

Local tourism authorities attributed the falling number arrivals in ten months in a row to the plunges of the Russian and Chinese markets, while the growths of other markets could not offset for such losses.

Such explanation, to me, is only partially correct.

Reality is that the tourism visa policy is a very significant hurdle for the growth of international tourism in Vietnam.

Complex visa rules; short exemption list

With nearly eight million international visitors a year, including those who come by road via the borders with China, Laos, and Cambodia and those who arrive for business and investment purposes, the number of tourist arrival to Vietnam is only equal to that of a single destination in Thailand, Pattaya. And it is lower than that of Phukhet.

Thailand rakes in US$60-65 billion from about 25 million international tourists it welcomes on an annual basis. The tourist arrivals of Hong Kong and Singapore are triple the figure of Vietnam.

In my opinion, one of the main reasons vacationers do not choose Vietnam is the country’s visa policy, especially its complicated procedures.

Holidaymakers do not mind paying a few dozens of U.S. dollars to get a visa, but they are indeed discouraged by complicated formality, and will thus travel to where they can enjoy a visa exemption, or get one on arrival.

Vietnam currently scraps visa for tourists from ASEAN countries, which is in fact not its major market. Besides, only seven countries, namely Japan, South Korea, Sweden, Finland, Norway, Russia, and Denmark, can visit Vietnam without visa requirements.

To compare, Thailand has a list of 48 countries exempt from visa requirements, whereas the respective figures for Singapore and China are 124 and 80 nations.

It is said that applying an easier visa rule will result in higher security risks for Vietnam. In fact, even when a visa-free policy is in place, any country has the right to refuse entry for any individual it deems inappropriate.

Therefore, I suggest expanding the list of countries exempt from visa requirements, and improve the visa applying procedures at the country’s border gates.

Tourists may have to pay more for the visa, but they should not be required to file an application prior to their journey via tour organizers and wait for approval, as currently do.

Finally, Vietnam should accept and approve visa applications online as many other countries are doing.

Lack investment for tourism promotion

Vietnam also has to invest more to improve the effectiveness of its tourism promotion campaigns outside the country.

The promotion activities should only be held in markets we want to target.

Thousands of festivals are held across Vietnam every year, which in fact do not have much meaning and contribute nothing to the goal of increasing the competitiveness of Vietnamese attractions compared to other countries.

Thailand earmarks $40 million to $50 million annually on promoting its tourism in international media and 27 overseas tourism promotion offices. The budgets of this activity of Singapore, Hong Kong, Malaysia, Indonesia, the Philippines, Japan, and South Korea are dozens of millions of U.S. dollars.

Cambodia spends a little less money, $3.5 million, but this is still way higher than Vietnam, $1.5 million.

The weak promotion activities obviously result in poor effectiveness.

Tourists choose where to travel first, before having any look on the service providers there.

So unless you manage to persuade vacationers to choose Vietnam as their destination, all of the efforts to sell services of local tour organizers are useless.

Vietnam should make its national tourism promotion system into a professional, knowledgeable one with strong financial muscle.

At a time of tight state budget, Vietnam should create new source of revenues for its tourism promotion task by applying the tourism fee via the hotel chains and international airlines, which is a common practice in many European, North American countries.

Paying an extra fee of $5 or $10 does for an overseas trip will not make vacationers to change their mind. What matters is the fee is collected and used in a transparent manner.

Besides the aforementioned issues, Vietnam should also improve the quality, price, infrastructure and environment of its tourism.

Should these issues remain unimproved, I don’t think Vietnam can revitalize its declining tourism, let alone seeing it grow healthily.

Do you think visa rules are really a hurdle to Vietnam’s tourism development? Send us your opinions via [email protected]

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VIETNAM NEWS HEADLINES FEB. 24

February 24, 2021 by vietnamnet.vn

Deceased Japanese expert infected with new virus variant: Health Minister

A Japanese expert who died in Hanoi on February 13 has been infected with a new variant strain of the SARS-CoV-2 virus, said Health Minister Nguyen Thanh Long.

Long announced the results of the expert’s genome sequencing at a meeting of permanent Cabinet members in Hanoi on February 24.

He did not reveal specifically but said this was the first time the new strain has been detected in Vietnam.

The strain, he said, has circulated mainly in the Republic of Korea, Sri Lanka, Taiwan (China), and India.

According to the minister, Japan, the deceased expert’s home country, has yet to record this strain.

To scientists, the strain it not highly transmissible, but the extent of its aggravation is not clear, said Long.

Epidemiologists stated that the new strain is not linked to the fresh coronavirus hotspot in Hai Duong province where a variant strain originating from the United States was recorded.

The Japanese expert entered Vietnam on January 17 through Tan Son Nhat International Airport. He was placed in quarantine in Ho Chi Minh City’s Tan Binh District from January 17-31 upon his arrival.

He left the quarantine facility and flew to Hanoi on February 1 after testing negative twice, on January 17 and 31.

The man stayed at Somerset West Point Hanoi hotel in Quang An ward, Tay Ho district, and travelled back and forth between the hotel and his company Mitsui Vietnam.

He was found dead in his hotel room on February 13. Subsequent tests showed he had carried the SARS-CoV-2 virus.

Sailors infected with COVID-19 aboard Indonesian vessel off southern coast

Five sailors aboard Ocean Amazing, an Indonesian-flagged cargo vessel off the southern coast of Ba Ria – Vung Tau province, have tested positive for the SARS-CoV-2 virus, according to a report released by the provincial Centre for Disease Control (CDC).

Healthcare workers have already collected nasal swabs from the sailors in order to conduct a second test on the crew, with the exception of the deceased one, according to the Ba Ria – Vung Tau CDC on February 23.

While waiting for the results of the tests to be processed, the provincial CDC transferred  the sailors’ samples to the Ho Chi Minh City Pasteur Institute for genome sequencing.

A representative of the provincial CDC has stated that in the event that positive tests are confirmed, the vessel will be forced to make a U-turn and return to Indonesia in order to undergo a personnel change and chemical disinfection. Once this is done, the ship may then return to Vietnam to complete its cargo unloading.

The provincial CDC made a report to the Ministry of Health, awaiting further instructions.

Ocean Amazing originally left Indonesia on February 20 and had been scheduled to dock in Vietnam during its voyage in order to unload its goods.

At present, a total of 80 SARS-CoV-2 virus carriers have been recorded in Ba Ria – Vung Tau, all of whom have been discharged from hospital after making a full recovery from the disease.

More 43 COVID-19 patients given all-clear over last 12 hours

Two more new cases of COVID-19 were confirmed over the last 12 hours, from 6:00pm on February 23 to 6:00am on February 24, taking the national count to 2,403.

The new cases are in the northern province of Hai Duong, the country’s current largest hotspot. Both are close contacts (F1) of COVID-19 patients linked to the outbreak in POYUN Electronics Co., Ltd. in Chi Linh city who have been quarantined in centralised centres.

They are being treated at the COVID-19 Hospital No.1 in Chi Linh.

There have been 1,504 community infections so far, of which 811 have been reported in the COVID-19 resurgence since January 27.

Additional 43 COVID-19 patients have been given the all-clear, raising the total recoveries to 1,760. Death toll remains at 35.

Among patients still under treatment, 87 have tested negative for SARS-CoV-2, 39 twice and 60 thrice.

A total of 88,583 people who had close contact with COVID-19 patients or arrived from pandemic-hit areas are being quarantined across the country.

Students in 52 provinces, cities come back to school

VIETNAM NEWS HEADLINES FEB. 24
Kindergarten children maintain 1m distance with friends (Photo: VNA)

The Ministry of Education and Training has requested local departments of education and training and educational institutions nationwide to strictly implement COVID-19 prevention and control measures, especially when students come back to school.

Schools are urged to stay vigilant against the pandemic, and proactively carry out prevention and control measures to ensure safety for students, with the focus on disinfecting classes, teaching and learning tools and toys.

Schools are also requested to coordinate with parents to keep a close watch on students’ health while they are at home and at school.

The Ministry of Education and Training also asked schools to actively build study plans for students to ensure the quality of their study after a long holiday./.

Vietnam to consider reopening up economy

Permanent Cabinet members are evaluating localities’ proposals to come up with important decisions, including reopening up the national economy, when the latest coronavirus outbreak is showing signs of abating.

The new wave has made a negative impact on business and production plans, as well as people’s daily life.

Thanks to drastic measures in place, including social distancing imposed on coronavirus hit localities, the fresh outbreak has basically been brought under control, though several cases are reported sporadically on a daily basis.

“We have to continue with the dual goal of epidemic prevention and economic recovery at the same time,” Prime Minister Nguyen Xuan Phuc told permanent Cabinet members at a meeting in Hanoi on February 24.

According to the PM, it is essential to boost business and production alongside keeping the epidemic in check, or the national economy will encounter difficulty.

Vietnam achieved a GDP growth rate of 2.91% last year and it aims to secure a 6.5% rate this year.

Man dies after showing signs of COVID-19

A man who showed symptoms of coronavirus has died at a hospital in the northern province of Thanh Hóa.

Although the cause of death is yet to be determined, health officials say he had earlier tested negative for COVID-19. Results of a second test are pending.

The 38-year-old had returned to his wife’s hometown in Yên Giang Village, Hoạt Giang Commune, Hà Trung District on February 5 to celebrate Tết (Lunar New Year).

He began suffering breathing difficulties and coughing. He bought medicine at a pharmacy and was treated at the Hoạt Giang Commune Health Centre.

Over the following few days, his condition worsened and he was admitted to Bỉm Sơn Town’s General Hospital on February 21 where he was immediately isolated in their infectious disease ward.

The man, who had previously suffered from liver and kidney failure, and also had type 2 diabetes, died two days later.

Following his death, the hospital was locked down and sprayed with disinfectant. Check points were also set up at the commune where he was staying.

No location remains locked down in HCM City as new COVID wave begins to ease

The HCM City Centre for Disease Control and Prevention (HCDC) said with no new COVID-19 cases diagnosed since February 11 all lockdown locations in the city have been taken down.

The last lockdown location is block F at the Carillon apartment building at 1 Trần Văn Danh Street in Tân Bình District was took down on Wednesday.

Eighteen areas were locked down on February 8 alone after 29 people were diagnosed with COVID-19, all related to the infection cluster at Tân Sơn Nhất Airport.

On Monday the HCDC announced that for 11 days since February 11 there had been no local transmission.

But it continues to obtain medical declarations from and conduct test on people coming from provinces with social distancing.

It also encourages people to stay alert not be neglectful, and make honest medical declarations.

Health authorities in Bình Thạnh District have begun randomly testing customers and employees at restaurants and drinking places in Ward A.

On Monday night 32 people were asked to give samples and make medical declarations.

Nguyễn Việt Tường, a customer at a restaurant on Phan Văn Trị Street, told Tuổi Trẻ (Youth) newspaper that being tested like this makes him feel secure since COVID-19 remains a threat.

Nguyễn Bảo Quốc, People’s Committee chairman of Bình Thạnh District’s Ward 3, said this random testing could help authorities detect infections early and promptly take measures to prevent the spread of the disease.

They plan to carry on random testing in 20 wards in Bình Thạnh until the end of March.

HCM City has had 36 cases since January 28, when the Ministry of Health confirmed the start of a new wave of infections after almost two months without local transmission.

HCM City Dept of Health develops emergency plan for COVID-19

The HCM City Department of Health has developed an emergency plan for COVID-19 outbreaks under three scenarios of fewer than 100, 200 and 500 positive cases.

The plan is being made because of pandemic developments including new variants and outbreaks globally.

The department will continue to use available personnel and facilities at designated hospitals for treatment of COVID-19 patients.

These hospitals include Củ Chi Field Hospital with 300 beds, Cần Giờ COVID-19 Treatment Hospital with 600 beds, HCM City Hospital for Tropical Diseases with 40 beds at its Department for Transmissible Diseases D, and City Children’s Hospital and Children’s Hospital 2.

These hospitals will be ready to increase the number of beds to admit COVID-19 patients and others suspected of having COVID-19 if an outbreak occurs.

If the hospitals become overloaded, the department will use Phạm Ngọc Thạch Hospital’s 464 beds to admit COVID-19 patients.

The department has instructed hospitals in the city to prepare doctors and nurses to be available for examination and treatment of COVID-19 patients if necessary.

These doctors and nurses will have to receive training in professional knowledge on treatment and control of infections, and ensure safety for medical staff as well as patients.

Last year, Củ Chi Field Hospital and Cần Giờ COVID-19 Treatment Hospital were the two main health facilities isolating and treating COVID-19 patients and suspected cases. This was done to help reduce pressure and risk of transmission at city hospitals.

The hospitals’ doctors and nurses came from other hospitals in the city and worked on a rotation system.

The department has also instructed the 115 Emergency Centre to continue carrying out its task of transporting COVID-19 patients to designated hospitals for treatment.

Hospitals have helped the city Centre for Diseases Control and Prevention (CDC) to take samples for testing at Tân Sơn Nhất airport, and bus and railway stations.

Besides Pasteur Institute and the CDC, tests are conducted by the HCM City Hospital for Tropical Diseases, Children’s Hospital 1, City Children’s Hospital, and Phạm Ngọc Thạch, Nguyễn Tri Phương, District 2, Thủ Đức, FV, Gia An 115 and Hoàn Mỹ Sài Gòn hospitals, as well as several hospitals owned by the Ministry of Health and other agencies.

This year, more hospitals in the city will be assessed for their capacity to conduct COVID-19 tests.

The department has instructed hospitals to prepare medicine, chemicals and protective clothes as well as equipment for their medical staff when they are called for emergencies.

It has also required all hospitals and health facilities to review and assess safety criteria in COVID-19 prevention and control. They have been ordered to ask their patients to fill out online health declarations.

Since February 5, when online health declarations began at hospitals and health centres in the city, 127 private and public healthcare facilities have used the department’s health declaration application.

By March 8, all hospital and health centre in the city will have to use the application.

According to the department, hospitals should offer training courses for their doctors and nurses in screening, isolating and taking samples for tests, and treatment guidelines related to COVID-19 issued by the Ministry of Health.

Hospitals have also been instructed to take samples for testing all of their staff by March 10.

Following the Ministry of Health’s requirement, the department is collaborating with Chợ Rẫy Hospital to set up an expert team specialising in COVID-19 treatment to assist other hospitals that admit severely ill COVID-19 patients who need emergency treatment.

HCM City businesses offer to pay for COVID-19 tests for staff

The HCM City Centre for Disease Control and Prevention (HCDC) has asked city authorities to allow businesses to pay for COVID-19 testing of their staff who have returned to HCM City after the Tết (Lunar New Year) holiday.

People returning from COVID-19 hotspots are required to take a COVID-19 test and be under surveillance for a certain period of time. People returning from non-affected localities are only required to complete health declarations.

As of February 19, a total of 186 people returning to HCM City from COVID-19 hotspots had been put under mandatory quarantine, according to HCDC Director Nguyễn Trí Dũng.

The HCDC has conducted 1,000 daily tests at gas stations, bus stations and the airport since February 16.

Many companies want to pay for testing costs to ensure safety for their employees and customers, Dũng said at a meeting with city authorities last Friday (Feb 19). “This will help the HCDC expand COVID-19 surveillance and testing in the city.”

Dương Anh Đức, deputy chairman of the city’s People’s Committee, said the city would offer assistance to companies to screen employees for infection.

Health facilities approved by the Ministry of Health to provide testing and test results for COVID-19 should be widely published, Đức said.

City authorities will also offer favourable conditions for investment in the preventive health system, including equipment, human resources and financial support, he said.

Dũng, director of the HCDC, said that it was vital to invest in state-of-the-art laboratory equipment to meet the strong demand for testing.

District-level health centres and health stations in wards and communes as part of the preventive health system must have enough personnel and equipment, he said.

More than 450 staff at the HCDC cancelled their plans for the Tết (Lunar New Year) holiday and stayed at their workplaces to fight against the COVID-19 pandemic, he added.

Woman prosecuted for spreading virus

Police of Hải Dương City in the northern province of the same name on Monday started legal proceedings against a woman for “spreading a contagious disease to others”.

According to initial investigations, from February 1-15, a 52-year-old woman, residing at No.15 Trần Sùng Dĩnh, Hải Tân Ward, Hải Dương City, was suspected of contracting COVID-19 but did not follow prevention regulations and make a medical declaration, resulting in three other infections at the same address.

Earlier, the woman visited Hải Dương city’s Blind Association and had close contact with another woman who was later confirmed as a COVID-19 patient.

She showed symptoms of cough, fever and tiredness from February 3 and was announced to be suspected of contracting COVID-19 on February 11. She then tested positive for the coronavirus on February 15.

However, after working with the investigation police agency many times, she did not declare that she had gone to Hải Dương city’s Blind Association and contacted the confirmed COVID-19 patient.

She only admitted she had been there on February 17 when the data on her phone calls was collected.

The woman did not declare enough information related to her epidemiological history, so prompt prevention and control measures could not be taken, thus making three family members infected with the coronavirus.

Her act also made her residential area put under lockdown, causing economic losses for the locality.

NA Standing Committee concludes 53rd session

The 53rd session of the National Assembly (NA) Standing Committee concluded on February 23 after giving opinions on preparations for the upcoming 11th NA session which is slated to open on March 24.

As scheduled, the 11th session of the 14th NA will last 11 days, with two and a half days spent to discuss reports on the NA performance in the 2016-2021 period.

According to NA Chairwoman Nguyen Thi Kim Ngan, the NA Standing Committee agreed with the NA General Secretary’s report on the preparations for the 11th session of the 14th NA.

The NA Chairwoman also asked the National Election Council to deliver a report at the NA on its operation over the past one year.

During the 11th plenary session, NA deputies will listen to reports of the NA, Government, the State President and judicial agencies on their performance during the tenure, and the session will be broadcast live on national television and radio.

At the session, deputies will spend much time to work on a number of positions in the State apparatus.

No voter meetings will be organised following the 11th NA session. However, NA deputies will report the outcomes of the session to voters in other flexible forms.

The NA leader asked leaders of NA committees and agencies to make thorough preparations for smooth handover of work to the 15th NA.

NA leader praises government’s performance over last tenure

It has been a very successful tenure of the government, said National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan during the ongoing 53rd session of the NA Standing Committee on February 23.

Briefing participants on an overview report of the government’s performance in the 2016 – 2020 tenure, Minister and Chairman of the Government’s Office Mai Tien Dung said the government has stuck to its commitment of building a public-serving and constructive government of integrity and action since the beginning of its term.

The government has without delay issued programmes and plans to translate the resolutions of the Party and NA into reality and implemented the 2011 – 2020 socio-economic development strategy, Dung said.

In the face of the COVID-19 crisis, the government has demonstrated consistency in fulfilling the dual goals of containing the novel coronavirus, with a motto “fighting the pandemic is like fighting an enemy,” and recovering and developing the economy, he stated.

This year, the government will continue focusing on fulfilling the twin goals, he noted, adding that it will keep guard up against the disease, seize all opportunity to recover and develop the economy in the “new normal,” and create solid foundation for the successful achievement of the next-five-year socio-economic goals.

Nguyen Van Giau, Chairman of the NA Committee for External Relations said the government has accomplished Vietnam’s international mission over the last five years, reflected by the successful hosting of the APEC Economic Leaders’ Week 2017, the 2019 US – Democratic People’s Republic of Korea Summit and the ASEAN Chairmanship Year 2020. The country is also undertaking the role as a non-permanent member of the United Nations Security Council, and has signed a number of new-generation free trade agreements, expected to set the scene for its sustainable development, Giau said.

NA Chairwoman Nguyen Thi Kim Ngan also praised the government’s effort to firmly guide the country to success despite multiple challenges. The government has showed its dynamism, proactiveness, and innovation in its governance and listened to opinions of every NA deputy, she said.

She also highly spoke of the government’s performance in diplomacy over the last five years./.

More congratulations flow in for Party leader Nguyen Phu Trong

Leaders of countries, parties and international friends over recent days continued to send in congratulations to Party General Secretary and State President Nguyen Phu Trong over his re-election as General Secretary of the Communist Party of Vietnam Central Committee in the 13th tenure.

Messages of congratulations came from French President Emmanuel Macron; Thai Prime Minister Prayut Chan-ocha; Egyptian President Abdel Fattah Al Sisi; Vice President of the Cambodian People’s Party and President of the Cambodian Senate Samdech Say Chchum; Speaker of the National Assembly of the Republic of Korea Park Byeong-Seug; and chairman of the Mozambique Liberation Front (Frelimo) and President of Mozambique Filipe Nyusi.

There were also greetings from Chairman of the Nur Otan party of Kazakhstan Nursultan Nazarbayev; Executive Committee Chairman of the Japanese Communist Party Shii Kazuo; chairman of the Constitutional Democratic Party of Japan Edano Yukio; chairman of the Party of National Change and Transformation (Partido Cambio y Tranformacion Nacional) of the Dominican Republic Domingo Amparo; First Secretary of the Central Committee of the Communist Party of Mexico Paven Blanco Cabrena; First Secretary of the Central Committee of the Communist Party of Canada (Marxist-Leninist) Pauline Easton; a number of foreign ambassadors to Vietnam; friendship parliamentarians’ organisations and individuals in many countries in the world./.

Ministry vows to provide safest COVID-19 vaccine: Expert

The Preventive Medicine Department at the Ministry of Health (MoH) is cooperating with other ministry agencies to license COVID-19 vaccines and build plans for distribution, together with monitoring and evaluating the effectiveness of the vaccine, a health expert has said.

Addressing an online meeting of the National Steering Committee for COVID-19 Prevention and Control with representatives from the Hai Duong Provincial People’s Committee on February 23, Tran Dac Phu, vice chairman of the advisory council for the granting of drug and medicinal ingredient circulation certificates at the MoH, affirmed that COVID-19 vaccinations will not be conducted on a mass basis prior to full inspections, to ensure that people are provided the safest vaccine possible.

Experts said the Astra Zeneca vaccine is being delivered to Vietnam and has been prequalified by the World Health Organisation (WHO). It can be used as soon as it is shipped to Vietnam.

The MoH also said that it only buys safe, highly-protective vaccines pre-assessed by WHO, approved by a stringent regulatory authority (SRA), and with a good price.

Phu also said that despite the COVID-19 vaccine, people still need to strictly follow disease prevention and control measures, in particular wearing masks when outdoors.

The SARS-CoV-2 coronavirus is spread by droplets, so wearing a mask is always the most effective measure to prevent its spread, he explained.

The vaccination will not immediately create immunity, he said, adding that it is also necessary to prevent a new strain of the virus from appearing.

Members of the Steering Committee affirmed that the Government is directing the acceleration of the production of a domestic COVID-19 vaccine, while ensuring safety and effectiveness.

Deputy Minister of Health Do Xuan Tuyen said the ministry is developing a master plan for vaccinations.

With a plan to vaccinate millions of people in a short time, Tuyen said responding to and handling any complications that may occur after vaccination is entirely within the capability of the health sector.

A list of those enjoying free vaccines will follow the principle of giving priority to frontline forces and pandemic-hit localities.

Regarding this issue, Deputy Prime Minister Vu Duc Dam, who is also head of the National Steering Committee for COVID-19 Prevention and Control, affirmed that Vietnam is making every effort to quickly have a COVID-19 vaccine.

Vaccines, both sourced from abroad and produced domestically, will be provided free, like the Quinvaxem vaccine in the national expanded immunisation programme, in the time to come, he noted./.

Hai Duong asked to speed up COVID-19 testing, trace for possible contacts

The northern province of Hai Duong – Vietnam’s biggest COVID-19 epicentre at present – should continue speeding up testing and tracing all possible contacts with confirmed cases, while carrying out flexible screening tests at high-risk areas.

The recommendation was made by Deputy Prime Minister Vu Duc Dam, head of the National Steering Committee for COVID-19 Prevention and Control, during a virtual meeting with the provincial People’s Committee on February 23.

Dam lauded efforts exerted by the locality and the Health Ministry’s support forces in pandemic prevention and control.

Experience learned from the fight in Hai Duong can be valuable lessons for other localities nationwide, he stressed, adding that even when the pandemic is over, Hai Duong needs to stay alert like other localities.

The Deputy PM also asked Hai Duong to encourage its people who do not live in disease-hit areas to wear cloth masks, and strictly punish those making false health declarations.

Vice Chairman of the provincial People’s Committee Luong Van Cau affirmed that Hai Duong is capable of conducting COVID-19 testing. He added the province will conduct extensive testing in the next six days.

Regarding the testing, Deputy Health Minister Do Xuan Tuyen emphasized that extensive testing need to follow health authorities’ directions, and asked the province to strengthen prevention and control measures at concentrated quarantine areas./.

Ministry steps up scientific research for COVID-19 prevention

The Ministry of Science and Technology has said it is intensifying studies serving COVID-19 prevention and control, particularly those on vaccine production.

It will prioritise cooperation with competent agencies in Vietnam and international partnerships in the import, research and production of COVID-19 vaccines, it noted.

The body said it is also working with relevant units in offering information on the pandemic developments.

Since the first outbreak detected in Vietnam, the ministry has joined scientists to conduct studies on epidemiology, virology, treatment regimens, especially the production of the virus test kits. Such work laid the basis for current mass production of the kits.

Vietnam logged three more COVID-19 cases on February 23 morning, raising the country’s total community infections to 1,496, according to the National Steering Committee for COVID-19 Prevention and Control.

Vietnam is one of the 40 countries that have conducted human trials of a COVID-19 vaccine. The nation expects to have 80 percent of its population vaccinated against COVID-19. However, the current supply allows the country to inject only 20 percent of the population in 2021-2022, targeting 95 percent of those vulnerable to virus infection./.

Tree planting festival: Individual trees make a forest

The tree planting festival initiated by President Ho Chi Minh has beeen a tradition in Vietnam for more than 60 years, encouraging afforestation and forest protection and greatly contributing to national development.

Since the first tree planting festival was held in the spring of 1960, following the late leader’s teachings, authorities and sectors from the central to grassroots levels, along with people nationwide, have joined hands in planting trees whenever a new year arrives.

To uphold this tradition and cope with global climate change, Prime Minister Nguyen Xuan Phuc on December 31, 2020, issued Directive No 45/CT-TTg on organising a tree planting festival and stepping up forest protection and development at the beginning of 2021.

Accordingly, Vietnam is to plant 1 billion trees from now to 2025, including about 182 million this year./.

Work begins on Vietnam – RoK Friendship Village

Work started on the Vietnam – Republic of Korea Friendship Village in the mountainous district of Bac Ai, the south-central province of Ninh Thuan on February 23.

Funded by the Korean Cultural Centre, the project has a total investment of 1.3 billion VND (56,407 USD).

Located in Ma Lam village, Phuoc Tan commune, the project will comprise 21 houses, 36 sqm each, with a porch and an indoor toilet.

Speaking at the ground-breaking ceremony, Ko Jae Seung, the project’s director, said the friendship village is funded by the RoK’s non-refundable aid. Each house will cost about 63 million VND, of which 53 million VND will come from the aid while the remainder will be sourced from soft loans provided the Vietnam Bank for Social Policies and financial assistance from local authorities.

The project is the first funded by the Korean Cultural Centre in Bac Ai and Ninh Thuan.

Once completed, the project will not only accommodate poor people in the area but also promote Vietnamese and Korean cultures in the province./.

Tuyen Quang advised to pay greater attention to forest economy

Prime Minister Nguyen Xuan Phuc has lauded Tuyen Quang’s achievements in recording highest forest coverage ratio among localities nationwide at 65 percent, suggesting the province to consider forestry as a major economic development orientation to escape from poverty.

The PM had a working session with key leaders of Tuyen Quang on February 23 after attending the launching of the tree-planting festival in the northern mountainous province.

He stressed that Tuyen Quang should become an important hub of wood industry of Vietnam and the region, asking the locality to mobilise all resources for the goal.

At the same time, Tuyen Quang should expand a number of other agricultural sectors, he said, suggesting that the province increase the area of sugar canes for export and call on investors to invest more in agriculture and forestry.

The PM reminded Tuyen Quang, the province to pay greater attention to preserving and promoting unique cultural identities of ethnic minority groups in the locality, thus boosting the development of tourism and service sectors.

PM Phuc expressed delight at dramatic changes that the province has made in the past 10 years in both urban and rural areas.

However, he noted that the province has still faced many difficulties in socio-economic development and investment attraction, keeping it a poor province.

On the occasion, PM Phuc visited the Tan Trao special national relic site in Son Duong district, which comprises 183 smaller relic sites having close relations with the national liberation cause in the middle of the 20th century.

He also visited and presented gifts to Cao Thi Co, a Heroic Vietnamese Mother in Tan Quang ward of Tuyen Quang city and Nguyen Dinh Phung, a former revolutionary official in An Tuong ward./.

Vietnam, Jordan look to step up trade and investment

Vietnam and Jordan are looking to step up investment as well as trade in areas of potential such as tourism and Halal food production, a meeting in Singapore heard.

The meeting between Vietnamese Ambassador to Singapore Tao Thi Thanh Huong and Jordanian Ambassador to Singapore and Vietnam Mahmoud Hmoud was held at the Vietnamese Embassy on February 23 to discuss ways to boost bilateral relations.

Huong briefed her guest on the results of the 13th National Congress of the Communist Party of Vietnam, which concluded earlier this month, and the country’s success in maintaining positive economic growth and responding to COVID-19 last year.

Hmoud, for his part, said he expects Jordan and Vietnam will continue fostering bilateral cooperation in trade and investment. Jordan has introduced a number of incentives for foreign investors at industrial parks, he said, adding that the country has also signed free trade agreements with various Middle East and African countries, paving the way for enterprises from foreign countries to access these markets via Jordan.

He also noted that Jordanian firms show a high level of interest in Vietnam as a major market with an open economy.

The two ambassadors agreed that bilateral ties in trade and investment have fallen short of potential and that the two sides should accelerate partnerships via discussions on agreements regarding double taxation avoidance and business visas.

Both agreed that Vietnam and Jordan need to increase the exchange of business and official delegations. Once COVID-19 has been fully brought under control, high-level visits will help intensify economic cooperation between the two sides. In the short term, online meetings between businesses from both countries are perfectly feasible, they said.

Huong reaffirmed that the embassy will made all possible effort to work with the Jordanian Embassy to strengthen bilateral economic, trade, and investment cooperation./.

Festive activities excluded from upcoming Hung Kings Temple Festival

Only ritual ceremonies will be held at the Hung Kings Temple Festival in the northern province of Phu Tho this year due to COVID-19, heard a meeting of local authorities on February 23.

Incense and flower offering ceremonies are scheduled to take place at the Hung Kings Temple relic site in Viet Tri city on April 17 and 21 (the 6th and 10th days of the third lunar month).

The strict implementation of COVID-19 prevention and control measures was ordered at the meeting, along with traffic safety and social security.

Normally including myriad festive activities, the festival was cancelled last year due to the pandemic. It welcomed over 7 million visitors in 2019.

Legend has it that the eldest son of Lac Long Quan (son of Kinh Duong Vuong) and Au Co (the fairy daughter of De Lai) was made king. He named the country Van Lang and set up the capital in Phong Chau (modern-day Viet Tri city), beginning the 18 dynasties of the Hung Kings.

The kings chose Nghia Linh Mountain, the highest in the region, to perform rituals devoted to the rice and sun deities to pray for healthy crops.

To honour their substantial contributions, a complex of temples dedicated to the kings was built on Nghia Linh Mountain, and the tenth day of the third lunar month serves as the national commemorative anniversary for the kings.

The worshipping rituals of the Hung Kings was recognised as a UNESCO Intangible Cultural Heritage of Humanity in 2012./.

New deal promises green solutions for HCM City

A memorandum of understanding on green development cooperation for 2021-2025 was signed between the Urban Environment Limited Company (CITENCO) and the Finance and Investment State-owned Company (HFIC) from Ho Chi Minh City on February 23.

The pact highlights investments in green solutions to improve the effectiveness of environmental projects implemented in the southern economic hub, which generates nearly 9,000 tonnes of domestic solid waste daily. According to CITENCO Director Huynh Minh Nhut, of that total, only 2,000 tonnes are recycled, while nearly 75 percent of the remainder is buried.

Nguyen Ngoc Hoa, Chairman of the HFIC Members’ Council, said the deal reflected the common orientations of the two companies in launching urban environmental projects together, particularly those on recycling solid waste.

Projects include the building of a landfill at the Phuoc Hiep – Cu Chi waste treatment complex and a plant for recycling and treating solid waste classified at the source, as well as moving a hazardous waste treatment plant from Dong Thanh to Phuoc Hiep commune.

The HFIC has committed to supporting CITENCO in paperwork and granting it preferential loans for project implementation.

The two also agreed to introduce cooperative opportunities to each other and invite the engagement of a third party when necessary./.

RoK aids Quang Tri in alleviating flooding aftermath

The Korea International Cooperation Agency (KOICA) has offered the central province of Quang Tri over 6.9 billion VND (over 300,000 USD) in non-refundable aid to help it handle the damage caused by consecutive storms and flooding in October last year.

The funding will be used to repair basic infrastructure and facilities in seven communes, including Cam Thuy, Phong Binh, Hien Thanh, Hai Thuong, Triecu Trach, Thuan and Mo O, as well as at the Quang Tri technical college.

According to a document approved by local authorities on February 23, repairs are set to run until July 31.

Central Vietnam was struck by four storms, three floods, and a series of landslides last October. The seven communes bore the brunt of the disaster, with schools, bridges, roads, water supply systems, housing, and other buildings swept away or destroyed.

KOICA provided non-refundable aid of more than 9.6 million USD to Quang Tri in the 2013-2017 period, to help the province conduct a programme on increasing living standards in rural areas./.

Prime Minister launches tree planting campaign in Tuyen Quang province

Prime Minister Nguyen Xuan Phuc on February 23 launched a tree planting campaign in the northern mountainous province of Tuyen Quang which is a former revolutionary base.

In his remarks, PM Phuc highlighted Tuyen Quang’s advantages for forestry development, saying over the past years, the province has made outstanding performance in forestation, forest protection and forestry-based economic development in tandem with new-style rural area building.

Environmental protection is the responsibility of all people, he said, adding that tree planting and preservation is one of the practical activities to ensure sustainable development.

The Government has joined hands with localities nationwide in this regard, aiming to maintain forest coverage at 42 percent, and raise the export revenue of timber and forestry products to at least 14 billion USD this year, and over 20 billion USD in 2025, the PM continued.

He called on administrations at all levels, departments, agencies and ethnic groups in Tuyen Quang province to respond to the tree planting festival initiated by President Ho Chi Minh in the spring of 1960.

PM Phuc assigned the Ministry of Agriculture and Rural Development to assist the province in implementing relevant programmes and projects, and suggested Tuyen Quang combine forestation and forest preservation with eco-tourism.

The same day, the PM attended a ceremony announcing Tuyen Quang city as a second-tier urban area, a subordinate administrative unit of Tuyen Quang province.

Speaking at the event, PM Phuc said Tuyen Quang city plays a significant role as a political and socio-economic centre of the province, and a hub of transport and infrastructure of the northeastern and northwestern regions.

He asked the city to spur socio-economic development, while ensuring national defence and security and environmental protection.

Tuyen Quang city needs to make greater efforts in order to win the status of first-tier city in 2030, the government leader said./.

Striker Anh Đức comes out of retirement to join Long An

Former top national team striker Nguyễn Anh Đức has inked a one-year contract with V.League 2 club Long An.

The 35-year-old has joined Long An as a player and a member of the coaching staff.

The former player of Bình Dương is about to complete the A coaching class held by the Việt Nam Football Federation, so the contract signed between Long An and Đức has a provision for him to become an assistant coach.

“Đức joined Long An to continue to maintain his passion for football. In addition to being a player, he is also able to pass on his experience to young players on the pitch as well as in real life. So the team decided to create conditions for Đức to assume the role of assistant,” said Võ Thành Nhiệm, chairman of Long An Football Club.

Đức is hoped to greatly improve Long An’s attack in an effort to win promotion to the V.League 1 for the 2023 season.

According to the club’s technical director Ngô Quang Sang, Đức’s experience is extremely valuable, which can help young players improve for the goal of winning promotion in the 2022 season.

“Long An want to be back in the V.League 1 in 2023. Particularly for the 2021 season to start, we only aim to get the best results possible. To complete that goal, Long An need to invest a lot in human factors.

“Đức is an experienced player with many years of playing for Bình Dương and the Vietnamese national team. His presence means a lot for the future of Long An club,” said Sang.

Đức played for Bình Dương in the national top-flight from 2006 to 2019, scoring 116 goals in 335 matches. He won four V.League 1 titles, four National Super Cups and two National Cups.

He was a key part of the national team that won the AFF Cup 2018 and in the Asian Games 2019.

After leaving Bình Dương, he played for Hoàng Anh Gia Lai in the V.League 1 last season but didn’t score any goals.

HCM City hospital collects blood from employees

HCM City’s Thống Nhất Hospital organised a Day of Voluntary Blood Donation for its staff on February 23 to address a shortage of blood amid the COVID-19 pandemic.

Its 202 employees donated 60.2 litres, equivalent to 240.4 units of blood.

It was followed by the HCM City Hospital of Haematology and Blood Transfusion and National Institute of Haematology and Blood Transfusion calling on people to donate blood.

According to the institute, with the return of the pandemic before Tết, voluntary blood donation programmes had to be cancelled, leading to a shortage of blood.

Its stocks are also falling, it said.

The institute estimates it needs nearly 50,000 units for this month and next.

Red Cross launches campaign to support farmers in COVID-19-hit Hải Dương

The Việt Nam Red Cross Society (VNRC) launched a campaign to help COVID-19-hit Hải Dương’s farmers sell their agricultural products on Tuesday.

The campaign, entitled ‘Together with people to consume agricultural products’, aims to support farmers and overcome difficulties in virus-hit parts of Hải Dương Province.

Speaking at the launching ceremony, VNRC President Nguyễn Thị Xuân Thu said the campaign would run from now until mid-March with the peak period from February 24 to March 5 with support from the Hà Nội City Red Cross Society and the Mùa Thu và những người bạn (Autumn and Friends) volunteer group.

“Agricultural produce trading activities will be held in conditions to ensure safety against the COVID-19 pandemic. All of these goods are strictly quarantined and sterilised before they reach consumers,” said Thu.

Đỗ Minh Quân from Ciputra Urban Area in Bắc Từ Liêm District, Hà Nội, said he went to buy some farm produce to help farmers in pandemic-hit Hải Dương, which has seen more than 600 locally-transmitted COVID-19 infections in almost a month.

On the first day of the campaign, VNRC and Autumn and Friends helped sell 11 tonnes of farm produce, including kohlrabi, cabbage, guava, eggs, carrots and tomatoes from virus-hit Hải Dương.

More than 11 tonnes of agricultural products were sold on the first days of the campaign. — VNS Photo Thanh Hải

The programme aims to help farmers in COVID-19 pandemic-hit areas sell their agricultural products and overcome the difficulties of the pandemic by buying and organising sales points for their produce.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

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Int’l arrivals to Vietnam in June drop to lowest in years on border closure

July 1, 2020 by hanoitimes.vn

The Hanoitimes – The country saw the modest number of tourists in June compared to the same period in the past many years.

Foreign arrivals in Vietnam in June dropped the the lowest in many years as the Southeast Asian country shut its borders to bar intrusion of the coronavirus although tourism accounts for 9% of its GDP.

The international influx to Vietnam decreased by 61.3% in June compared to May and 99.3% year-on-year to 8,800, according to the General Statistics Office (GSO).

Vietnam shifts its focus to domestic tourists as borders remain shut. Photo: Cao Ky Nhan.

Foreign visitors are mainly expats, diplomats, business executives and high-skilled laborers as Vietnam still bans foreign entry.

In the first six months of 2020, Vietnam welcomed 3.74 million international visitors, a drop of 55.8% over the same period last year, GSO data showed.

In the six-month period, revenue from tourism was VND10.3 trillion (US$442.2 million), down 53.2% compared to the same period last year, marking the biggest drop in the past six years, according to the GSO.

Between January and June, Asian visitors still accounted for the majority of the tourist inflow, with nearly 2.73 million, down 58.4% over the same period last year. Of the amount, arrivals from China, South Korea, Japan, Taiwan (China), Malaysia, among others, sharply decreased by 63%, 60.4%, 55.8%, 55.2%, 61%, respectively.

Arrivals by air dropped 54.3% year-on-year to more than 3 million, accounting for 81.2%, while 559.600 came by road, decreasing 66.8%, while those coming by sea rose 3.7%.

Visitors from Europe totaled 666,100, falling 42% while those from the Americas totaled 234,500, a decline of 54.8%, mostly from the US (with 172,800, down 56%). About 102,300 arrivals were from Oceania, a decrease of  53.9% while visitors from Africa were 12,100, down 46.6%.

Travel businesses continue struggling

Many Vietnamese travel businesses are working on resuming inbound services though they haven’t known yet when Vietnam would allow foreign entry.

Dong Thi Co., Ltd is currently preparing for the reopening of inbound tourism. After receiving a number of tour bookings for February next year, the  company has now completed its preparation and is focusing on purchasing discount vouchers of hotels to be able to offer tours with good prices.

Many travel businesses also are hoping that the government will soon put in place the visa-free policy again which was suspended in March to fight the pandemic, as there are positive signs for the reopening of the inbound market soon.

According to local tour operators, not only domestic enterprises but foreign partners also want international air services to reopen soon to get back to business after months of suspension due to Covid-19.

As of June 2020, there have been 137 inbound travel businesses applying for returning licenses, an increase of nearly three times over the same period of last year, according to the Vietnam National Administration of Tourism. More than 95% of inbound travel businesses across the country closed in the second quarter of 2020.

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VIETNAM BUSINESS NEWS MARCH 3

March 3, 2021 by vietnamnet.vn

Foreign ship arrivals down 6 percent in first two months

VIETNAM BUSINESS NEWS MARCH 3

Vietnam’s sea ports have berthed some 4,900 foreign vessels over the last two months, a decline of 6 percent year-on-year, according to the Vietnam Marine Administration.

The fall was due largely to the impact of COVID-19, which is resulting in major fluctuations in the transport sector, a representative of the administration said.

Despite the lower number of foreign ships, the volume of import and export goods through ports grew. In January and February, 35.3 million tonnes of imports and 26 million tonnes of exports were handled at ports nationwide. The former represented an annual increase of 14 percent while the latter was as same as that last year.

In particular, nearly 1.3 million TEUs for exports and 1.2 million for imports were handled during the period, up 32 and 16 percent, respectively, year-on-year; the highest growth since the pandemic began.

Meanwhile, the arrival of domestic vessels totalled 5,300, up 11 percent year-on-year./.

Quang Ninh’s Van Don airport reopens on March 3

The Ministry of Transport has decided to allow Van Don International Airport in the northern province of Quang Ninh reopen from 6:01am on March 3 after the COVID-19 pandemic has been put under control in the locality and the airport is safe to transport passengers.

The airport was temporarily shut down from January 29 after an airport security staff was confirmed positive for the coronavirus SARS-CoV-2 that causes the COVID-19 pandemic.

The national flag carrier Vietnam Airlines announced earlier that it will resume flights between Ho Chi Minh City and Quang Ninh on March 3, thus becoming the first to restart flights to the Van Don airport since the local COVID-19 outbreak began.

From March 3 to 17, one weekly flight will ply the route between the two destinations, on Wednesdays. Flight numbers will be increased to three a week, on Wednesdays, Fridays, and Sundays, from March 18 until the end of the year.

Flights will take off at 1:00pm from HCM City and 3:45pm from Van Don.

Passengers on the first three flights after resumption will enjoy a discounted fair of 507,000 VND (22 USD), including taxes and fees, per leg./.

Webinar on Vietnamese market held in Switzerland

The Vietnamese Embassy in Switzerland, in collaboration with the Geneva Chamber of Commerce, Industry and Services and the Switzerland-Vietnam Business Group (SVBG), organized the Webinar Market Focus Vietnam on March 2.

This was also a chance for the newly-established SVBG to introduce itself to Swiss partners.

The webinar aimed at boosting trade and investment cooperation between Swiss and Vietnamese businesses.

Speaking at the event, Ambassador Le Linh Lan stressed that Vietnam and Switzerland have maintained good friendship and cooperation for half a century.

This year, the two are celebrating the 50th anniversary of their diplomatic ties.

Switzerland is the 6th largest European investor in Vietnam, with its investment totaling 2 billion USD, mostly in manufacturing – processing and electricity. Currently, around 100 Swiss firms are operating in Vietnam.

Meanwhile, Vietnam is the four biggest trade partner of Switzerland in ASEAN, with bilateral trade exceeding 3.6 billion USD in 2019. Since 2012, Vietnam and the European Free Trade Association (EFTA) – the intergovernmental organisation of Iceland, Liechtenstein, Norway and Switzerland – began negotiations for an FTA, which is expected to be signed this year./.

Vietnam, Austria shape up economic-trade cooperation

Vietnam and Austria discussed measures to promote economic-trade collaboration during a recent working session between Vietnamese Ambassador to Austria Le Dung and Austrian Deputy Minister for Digital and Economic Affairs Michael Esterl.

The Vietnamese diplomat thanked Michael Esterl and his ministry for boosting cooperation between the two sides, affirming the Memorandum of Understanding on Industry 4.0 cooperation clinched between the Vietnamese Ministry of Industry and Trade and the Austrian ministry provides a sound basis for both sides to carry out collaboration activities in the coming time.

Michael Esterl, for his part, laid stress on the significance of the regular policy and legal consultation between the Vietnamese Embassy and the Austrian ministry as it creates opportunities for both sides to exchange trade and investment policies and regulations as well as market information in each nation.

He suggested both sides maintain this mechanism in the forms that suit COVID-19 situation such as holding virtual conference.

The Vietnam-Austria business conference could be organised to update information and pen measures to support enterprises of both sides so that they can seek cooperation opportunities and expand investment in each country, he added.”

Touching on cooperation in the time to come, he said Austria is pushing procedures to ratify the EU-Vietnam Investment Protection Agreement (EVIPA).

Dung thanked Austria’s support, stressing Austrian businesses have many opportunities to land investment in Vietnam.

With a population of 97 million, Vietnam is a potential market for Austrian firms to expand their business operation, while it serves as a gateway for Austrian products and services to get access to the 670 million-strong ASEAN market.

Additionally, being a favourite destination for foreign investors in the “China, Plus One” strategy, Vietnam will have preferential policies to attract foreign investment, he said, holding when the EVIPA takes effect, Austrian companies will gain great competitive edges if they invest in Vietnam.

At the event, both sides reaffirmed they want to cooperate with each other in the fields of vocational training and labour. Austria said the country has huge demand for skilled workers in information technology (IT) and nursing in the future.

They also reached consensus on urging competent authorities to kick off a pilot project to carry out Austria’s vocational training model in Vietnam.

Dung took the occasion to invite Michael Esterl to visit Vietnam in a suitable time when the COVID-19 pandemic is put under control./.

Making greater efforts towards a year of economic growth

The Ministry of Planning and Investment has made a draft report on additional evaluation of the implementation of the socio-economic development plan in 2020 to collect comments from ministries, sectors and localities. The report’s latest data update shows that the implementation of many targets is better than the estimate reported to the National Assembly.

The highlight of 2020 was that Vietnam achieved and exceeded 10 out of the 12 main targets assigned by the National Assembly, up two targets compared to the estimate, including the targets on the growth rate of total export revenue and on the unemployment rate in urban areas.

This is an encouraging economic result amid the “COVID-19 period” because the pandemic caused dramatic declines on consumption worldwide, pushing production and export activities to stagnation and raising unemployment rate.

In addition, the implementation of four other goals has better performance than the estimates reported to the National Assembly, including the growth rate of gross domestic product (GDP), the average growth rate of consumer price index (CPI), trade surplus, and the percentage of population participating in health insurance.

Basically, the growth quality of the economy has been improved with less dependence on natural resource exploitation, raw exports, and cheap labour while gradually shifting to rely on application of science, technology and innovation, and the processing and manufacturing industry.

It can be said that Vietnam’s economy had a year of brave growth in both quantity and quality, which were not only kept stable but also growing.

This result has added a highlight to the economic picture of Vietnam in such a difficult year while reinforcing the confidence of the whole society in the Government’s policy and governance in the context unpredictable developments of the COVID-19 pandemic.

However, with GDP growth rate of 2.91% in 2020, Vietnam’s economy had the lowest growth year in the past ten years and failed to meet the target set for the 2016 – 2020 period.

This is a big challenge in the starting year of the implementation of the 5-year socio-economic development plan in the 2021 – 2025 period and the ten-year strategy in the 2021 – 2030 period.

To continue with another year of brave growth, right from the beginning of 2021, the entire political system has made every effort to drastically restrain the third wave of the COVID-19 pandemic while continuing to promote production and business activities towards the annual growth target of 6.5%.

At the beginning of the year, the Ministry of Finance asked the Government to develop a decree to extend the deadlines for tax payment and land rent for enterprises in the context of prolonged COVID-19 epidemic with an estimated value of about VND115 trillion.

Amid the increasingly unpredictable global political and economic situations and difficulties in making forecasts due to the impact of the pandemic, more than ever, “rewards” will be given to the economies which early and flexibly take response activities.

Travelling to nearby, safe destinations: the main tourism trend in Vietnam in 2021

In 2021, domestic tourism is still the development focus of the sector; meanwhile, famous seas and islands and tourist cities continue to be leading destinations and are predicted to continue to be popular destinations for Vietnamese tourists.

Before COVID-19, exploring a crowded city, strolling through bustling markets, enjoying dinner at a bistro brimming with locals, or touring major attractions were Vietnamese tourists’ favourite activities. However, as the epidemic has still been fully resolved, tourists are now giving their top priority to their safety in the new situation.

Therefore, socially distant travel is expected to be the trend once again in 2021. Travelers will select sparsely populated areas nearby so that they can set plans and tours that align with their travel demands and ensure protection from the pandemic.

Vietnamese tourists often spend 2-3 days, especially weekends or short holidays, travelling to domestic destinations. This year once again, they will choose destinations that are easy to move and near their cities they live.

Coastal and island destinations are still the Vietnamese tourists’ favourite, with Vung Tau and Nha Trang emerging as popular destinations for domestic tourists. In addition, other famous tourist sites such as Ha Long, Sapa, Phu Quoc and Da Lat will attract a large number of visitors.

If socially distant travel is how independent travelers will adapt to the new situation, small group travel is the choice for people who want to travel as a group and adapt to the current situation.

Different from regular trips in 2019 that could accommodate 20 – 30 visitors, sizes have shrunk down to control the spread of infectious diseases.

According to Outbox Consulting, the COVID-19 pandemic will make wellness travel an emerging trend this year. Wellness travel is not a new trend in the tourism industry; however, during the pandemic, fatigue and stress have become familiar to almost everyone. So, after the pandemic is controlled, visitors will find wellness retreats useful after a long period of repressed travel demand.

Vietnam was considered an emerging destination in the wellness travel trend in the Asian Pacific region in 2019. This, combined with an increase in visitors’ demands for wellness travel trends in 2021 will present an opportunity for Vietnam’s wellness tourism market, especially as Vietnam is emerging as a safe destination in terms of controlling the pandemic.

Another feature that has emerged during the outbreak of COVID-19 pandemic is that visitors tend to book accommodation at the last minute because they they perceive it may be harder to cancel and get a refund for hotel bookings as opposed to flight tickets.

Pre-COVID, Vietnamese travelers often planned their trip and booked services long before their departure, especially when it came to overseas tours, in order to save money. However, in the face of the complicated developments of COVID-19, shorter booking timeframes will help mitigate the risk of travel policy changes and mobility restrictions.

The use of technology in tourism has long been popular across the world and in Vietnam in recent years. The COVID-19 pandemic sped up this digital transformation in 2020.

This year, technology will be a leading factor helping visitors regain their confidence. A survey conducted by Censuswide tshowed more than 4 out of 5 travelers said that technology would increase their confidence to travel in the next 12 months. They noted that a mobile app that provides warnings and updates during trips, for example local outbreaks or the government’s latest guidelines, will be essential this year.

In addition, contactless payments (for example, Apple, Google Pay, PayPal, and Venmo) will help tourists travel more confidently within next 12 months. In 2021, safety will be of paramount importance, and simple technological solutions will be the driving force for travelers to explore the world more confidently. Vietnamese tourists are part of the general global technological .

Commenting on the roadmap for the recovery of Vietnam’s tourism, the Outbox Consulting report said it will depend on foreign countries’ ability to control the epidemic. Beside vaccines, the speed of tourism’s recovery depends partly on factors that boost destinations reopening timeframes.

China represents largest import market of Vietnam over two-month period

China made up the nation’s largest import market during the first two months of the year with an estimated turnover of US$17.3 billion, representing a year-on-year increase of 85.7%, according to data recently released by the General Statistics Office of Vietnam (GSO).

Throughout the reviewed period, import turnover stood at an estimated US$47.26 billion, an increase of 25.9% over last year’s corresponding period, of which the domestic economic sector reached US$15.62 billion, a boost of 16%, with the foreign-invested sector rising to US$31.64 billion, a surge of 31.4%.

Most notably, there were 11 commodities in total which recorded an import turnover of over U$1 billion, accounting for 67.6% of the country’s total import turnover, while nine items had an export turnover of over US$1 billion, making up 73.8% of the overall export turnover.

With regards to export markets, the US was the largest Vietnamese export market during the two-month period with a turnover of US$14.2 billion, posting a rise of 38.2% on-year.

Businesses urged to change mindset to overcome COVID-19 challenges

Amid complicated developments by the COVID-19 pandemic, local textile and apparel firms have been forced to change their business mindset, boost connectivity, expand into new markets, and maximise the benefits from free trade agreements (FTAs) to meet this year’s export target of US$39 billion, according to insiders.

Despite challenges caused by COVID-19, Vietnam raked in approximately US$2.6 billion from garment and textile exports  in January, representing a year-on-year increase of 3.3%, with some products recording high growth rates of between 9.3% and 35.6%.

Nguyen Xuan Duong, chairman of the Board of Directors of Hung Yen Garment Corporation (Hugaco), said that domestic textile businesses are anticipated to encounter numerous difficulties moving forward due to a shortage of export orders and cash flow, thereby making it tough to maintain production activities whilst ensuring the jobs of workers.

Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said that outsourcing costs will decrease significantly due to the trend of simple goods being replaced by fashion products this year, adding that firms should be flexible in altering their business strategies in order to adapt to market fluctuations and seize upon new opportunities.

Than Duc Viet, general director of Garment Corporation 10, revealed that the cancellation of export orders due to the COVID-19 pandemic has made the company draw up a number of fresh strategies aimed at increasing its competitive advantages.

In line with this, the business has turned to export fabric and medical masks, protective suits, knitwear, as well as small orders that have a high value and short production period.

Viet stated that the group will focus on surveying the market, whilst selecting suitable export products, enhancing workers’ skills, and increasing labour productivity in an effort to boost exports in the near future.

Tran Nhu Tung, vice chairman of the Board of Directors of Thanh Cong Textile Garment Investment Trading JSC, said the company has received a sufficient amount of orders until the end of the first quarter, with the prospect of new orders ahead during the year’s second quarter.

Tung also revealed that the company has initiated plans to begin construction of another factory in Hoa Phu Industrial Park in the southern province of Vinh Long with an estimated capacity of 12 million products annually, with estimated revenue from the EU market set to see a double-digit increase.

With a complete production procedure from yarn, weaving, dyeing, and sewing, the group is anticipated to enjoy preferential tariffs in line with the EU-Vietnam Free Trade Agreement (EVFTA) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) regulations.

Land brokers rush to Binh Phuoc although airport project still being mooted

Although an airport project has only been proposed in Hon Quan District of Binh Phuoc Province and is still being considered by the competent agencies, a large number of land brokers have rushed to the district and inflated the prices of land lots in surrounding areas.

Over the last week, land brokers from HCMC, Hanoi and the neighboring localities of Binh Phuoc flocked to Hon Quan. Besides posting advertisements on social networks, they also took land buyers to visit the site proposed for the development of the airport, the local media reported.

They have advertised land lots measuring some 1,000 square meters each and put up them for sale at VND700-900 million each. They have also said that only a small number of people could buy the land.

According to the Hon Quan District government, the land price inflation and large gatherings of people are abnormal, posing a high risk of social disorder and Covid-19 infection.

The land price inflation may encourage local residents, especially the ethnic minority people, to sell agricultural land. Therefore, the competent agencies have been educating residents so that they are not tricked by land brokers who spread false information.

Due to the complicated situation, on February 26, the government of Hon Quan District asked the police and military forces to support communes in the district to handle large gatherings and those without face masks to prevent the Covid-19 infection, especially in the surrounding areas of the proposed airport site.

The authorities of communes and towns, especially Tan Loi and An Khuong communes, were asked to enhance the construction and land use management to promptly prevent illegal projects, the improper use of land and land violations and impose sanctions on violators.

The Binh Phuoc government had earlier proposed the Government and the Ministries of National Defense and Transport allow the province to manage the existing 100-hectare airport in the province to develop it into an airport that can be used for both civil and military purposes with an area of 400-500 hectares. The land for the airport expansion is public land and the expansion project was proposed to be executed under the public-private-partnership format.

Over 33,600 firms dissolve, suspend operations in Jan-Feb

The country saw over 33,600 firms leave the market or suspend their operations in the first two months of the year, up 18.6% year-on-year, according to the Ministry of Planning and Investment.

Of the total, over 21,630 companies signed up to temporarily suspend operations, some 8,380 halted operations to complete dissolution procedures and over 3,590 were dissolved.

The number of newly-established firms in February dropped by 12.3% year-on-year at 8,040, while pledged capital surged by 85.6% at VND179.7 trillion. Besides, some 7,700 firms left the market in February, VietnamPlus news site reported.

Between January and February, some 18,130 companies were established, inching down 4% year-on-year, while the number of firms returning to the market, mainly active in the art, entertainment and education fields, and lodging and catering services, during the two-month period was 11,030, down 7.6% against the same period last year. However, the total registered capital increased by 12% to VND720.4 trillion.

TGE to invest in wind power project in Mekong Delta

Gia Lai Electricity JSC (GEC) has passed a plan to invest in the Tan Phu Dong 2 wind power project in Tan Thanh Commune, Go Cong Dong District, Tien Giang Province.

The subsidiary of Thanh Thanh Cong Group authorized Tien Giang Wind Power JSC (TGE) to implement the 50-MW plant project, reported Bnews news site.

TGE will set up the project’s management board to monitor and execute the project. Further, it is in charge of building a power transmission line for the project; seeking, negotiating and selecting appropriate consulting firms, equipment suppliers and construction units in line with prevailing regulations and ensuring the project proves financially effective.

Besides this, GEC authorized its general director to decide, sign and implement essential procedures to ensure the project will be put into commercial operation as scheduled in the approved plan.

Earlier, GEC had passed a plan to contribute nearly VND10 billion worth of capital to TGE.

Manufacturing output returns to growth in February

The health of the sector has now strengthened in three successive months.

The Vietnam Manufacturing Purchasing Managers’ Index (PMI) ticked up to 51.6 in February from 51.3 in January, signaling a modest improvement in business conditions, according to Nikkei and IHS Markit.

The health of the sector has now strengthened in three successive months. A reading below the 50 neutral mark indicates no change from the previous month, while a reading below 50 indicates contractions and above 50 points to an expansion.

Sustained growth of new orders was recorded, helping to drive the improvement in overall business conditions. New work has now increased in six successive months. Total new orders were supported by a return to growth of new export business amid some signs of improving international demand.

Rising new orders was the main factor behind a return to growth of manufacturing production. The slight increase was also partly attributed to efforts to build stocks of finished goods. These efforts were successful in bringing an end to a four-month sequence of falling post-production inventories.

Employment increased for the second time in three months as firms responded to rises in demand and production requirements. This enhanced capacity meant that firms were able to keep on top of workloads and reduced outstanding business again.

A renewed expansion of buying activity was also recorded, but stocks of purchases continued to fall amid the use of inputs to support production.

Problems securing raw materials also contributed to falling stocks of purchases. Suppliers’ delivery times lengthened sharply again. Difficulties sourcing goods from abroad due to a lack of shipping containers and global demand for materials outpacing supply continued to cause longer lead times.

These imbalances led to a further sharp increase in input costs in February. Although the rate of inflation eased to a three-month low, the rise in input prices was still faster than the average seen across the ten-year survey so far.

Manufacturers responded to higher input costs by raising their own selling prices accordingly. That said, the rate of inflation was modest and the slowest since last November.

Business confidence continued to wane in February, dropping for the third month running to the lowest since August 2020. Sentiment was hit by concerns over the ongoing impact of the Covid-19 pandemic. That said, firms remained optimistic on balance, with hopes that the pandemic will be brought under control over the coming year supporting confidence.

“Renewed increases in output, employment and purchasing activity are all welcome signs, but a recent increase in Covid-19 cases sounds a note of caution. In fact, confidence among firms slumped to the lowest since August 2020, the last time a significant outbreak of the pandemic was seen,” said Andrew Harker, associate director at IHS Markit, which compiles the survey.

“Previously, Vietnam has proved successful in quickly suppressing the virus, and should this be the case again we will hopefully see the manufacturing sector remain in growth territory. IHS Markit currently forecasts a rise in industrial production of 6.8% this year.”

What makes Phu Quoc’s real estate attractive to investors?

Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry.

The administration upgrading has made Phu Quoc the first island city in Vietnam, opening up an era for the locality equal in size to Singapore.

The move is considered a momentum for the island that is well-known for tourism, creating favorable conditions for the mushrooming of real estate projects, local experts have predicted.

It triggers a question on how Phu Quoc’s real estate attractive to investors. The expertise might offer a broader view of the potential there.

Dang Phuong Hang, managing director, CBRE Vietnam, said that real estate ecosystem models like hospitality will match the tourism-based island.

The development of tourism will support the growth of three-pillar model namely hospitality real estate, entertainment, and high-end housing segment, she added.

Phu Quoc’s real estate sector has significant room to grow thanks to youngling market, plenty of investment opportunities, and reasonable prices. In addition, well-equipped resort projects are expected to drive up the service prices.

Enormous potential for real estate market is obviously seen in newly-established wards like Duong Dong and An Thoi, Hang said.

“The city status will enable Phu Quoc to make master growth planning, including strategies for tourism industry. The city’s population is forecast to triple by 2030, forming elite groups that demand high-end services,” Hang said.

Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA), said the three-pillar ecosystem [hospitality real estate/resort – entertainment – high-end housing segment] is the most suitable model for the island tourism city of Phu Quoc.

Notably, the well-invested infrastructure and more convenient transport have fueled the increasing flows of tourists to the island. So far, visitors go to Phu Quoc by high-speed craft with 150-300 passengers on board each and by airplane with 15-20 flights from various part of the country per day.

According to Dr Nguyen Tri Hieu, meanwhile, the upgrading to city has enabled Phu Quoc to have more budget for infrastructure and more open policies.

The local People’s Council has approved a public investment plan worth VND17 trillion (US$739 million) for 2021-25, including infrastructure, key projects, and resettlement models.

In 2020, as many as 20 out of 23 investment projects in Kien Giang Province were committed to going to Phu Quoc. The island welcomed nearly three million visitors in the same year despite Covid-19, up 60% on-year.

Relaxed policies and nature-favored living conditions help support investors’ expansion plans. The city is likely to attract additional 18,000 people by 2030, including high-skilled workers, foreign experts, and overseas Vietnamese.

The figure might be higher thanks to visa exemption scheme (up to 30 days) from July 2020 to foreigners and a stay of up to 10 years for foreign investors having at least VND100 billion (US$4.4 million).

Outlook

Nguyen Manh Ha, deputy head of VNREA, believed that real estate prices in Phu Quoc will set up a new level in a short time, unlike Nha Trang and Danang before. It will take several years to record VND500-600 million (US$21,739-US$26,000) per square meter in some places in Phu Quoc like the rate in Nha Trang currently.

However, it requires a well-prepared planning for the island city, Ha noted.

The island’s southern region is of high expectations with more investment flows in the next five years, local experts predicted.

Islands in southern Phu Quoc, if given well-designed planning, are expected to be destination of wealth-off people in the coming years, according to Dr Le Xuan Nghia, former deputy chairman of the National Financial Supervision Committee.

There remains much to say about procedures and investors need to pay more attention to legality of projects and segments they are investing in, local experts have warned, adding that Phu Quoc’s real estate must be viewed in long-term strategies with possible focus on cleared land and resort projects.

Vietnam named in Agility’s top 10 Emerging Markets Logistics Index 2021

Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10.

Vietnam moved up three places to 8th in the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the world’s top freight forwarding and contract logistics providers.

Among countries in ASEAN, Vietnam stood at third behind Indonesia (3rd overall) and Malaysia (5th), and was above the likes of Thailand (11th), the Philippines (21st) and Cambodia (41st).

According to Agility, Vietnam’s handling of the Covid-19 pandemic has been one of the most successful globally, with data from Johns Hopkins University showing less than 1,500 reports of Covid-19 cases in the country in 2020.

The combination of social and economic restrictions with a strict and comprehensive testing and tracing system, saw lockdowns last less than three months, and by June many factories were reopened and domestic operations were recovering quickly, it said.

“The steps taken by Vietnam in 2020 propel it into the top 10 ranking in 2021 – its rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10,” stated the logistics firm.

“The country’s economy has performed well as a result of the minimal domestic disruptions and is set to be one of the best performing globally in 2020,” noted the report.

The foundation provided by the strong performance in 2020 is expected to underpin a 2021 expansion of 6.5% as domestic and international conditions normalize and the Covid-19 pandemic recedes.

In recent years, Vietnam has added significant hightech manufacturing capacity, helping attract investment from producers higher up the value chain as costs in China increased.

The option to avoid additional costs associated with the US-China trade war has added further motivation for manufacturers to choose Vietnam, noted Agility.

Samsung, which alone contributes a quarter of Vietnam’s exports through smartphone manufacturing activity in the country, will shift PC manufacturing to Vietnam after it shut down a Chinese factory in 2020. Apple is also reported to have requested that Foxconn open a Vietnam production location to add production capacity for iPads and MacBooks.

When the production lines become active in the first half of 2021, it will be the first time iPad manufacture to take place outside China. Meanwhile, chip manufacturer Intel will operate its largest assembly plant in the country and South Korea’s LG electronics announced investment plans during 2020.

With Covid-19 further exposing the risks of over-reliance on China, Vietnam will be an attractive option for relocation – indeed, when asked, 19.2% of survey respondents cited Vietnam as the number one location for those seeking to diversify production locations outside of China.

However, so rapid has the investment and arrival of new businesses been that it is creating challenges of its own, including a shortage of skills and knowledge to produce the highest value goods.

Navigos Group, which owns the country’s largest jobs site, reports that 71% of employers cite a lack of IT skills as their most significant challenge.

By 2025, the country set the contribution rate target for logistics to be at 5-6% of GDP, services growth rate between 15-20%, while the rate for logistics outsourcing to be 50-60%, said the government’s decision No.200 referring to an action plan to enhance the competitiveness and development of Vietnam’s logistics sector through 2025 and ensure its ran in the Logistics Performance Index of at least 50th.

Giants to invest in big projects in Hue

Aeon, a Japanese-based retailer, and Vietravel, a local tourism company, are building commercial and service centers in the central province of Thua Thien Hue.

Aeon Vietnam Co., the investor of the Aeon Mall chain in Vietnam, plans to pour US$150-160 million into a large-scale shopping mall in Hue City, Thua Thien Hue Province.

This was unveiled at the signing ceremony of a memorandum of understanding about the investment research of Aeon Mall in Hue City between the Thua Thien Hue People’s Committee and Aeon Mall Vietnam.

Phan Ngoc Tho, Chairman of Thua Thien Hue Provincial People’s Committee, said the province will strongly support the investor to do studies as well as procedures so that the latter could commence the project this year.

Tho also said apart from the commercial center, the investor was also interested in developing local raw material areas.

Meanwhile, Vietravel is building the Vietravel entertainment and service complex in Hue City. The VND140-billion project will provide a chain of travel services and auxiliary services when it comes into operation by the end of 2021.

In another development, Hue is calling for investment in a complex of hotel, commercial center, floating restaurant and tourist wharf at 121 Nguyen Sinh Cung Street, Hue City with an aim to attract tourists to visit the famous Huong River.

Late last year, the People’s Council of Thua Thien Hue Province approved the socio-economic development plan for 2021, including a list of key projects in 2021.

Some major projects will be kicked off in 2021 such as the international golf project plus the auxiliary service area and resort by ​​BRG Golf Course Joint Stock Company with a total investment capital of VND3,164 and VND1,656-billion Vinh My tourist service area by ​​Heritage Vietnam Real Estate Co.

HCM City’s export turnover surges 25.1 pct. in first 2 months

Ho Chi Minh City exported 8 billion USD worth of goods during the first two months of 2021, according to the municipal Department of Statistics, a 25.1 percent increase year-on-year.

Excluding crude oil, export turnover stood at over 7.6 billion USD in the period, a rise of 26.5 percent compared to the same period last year.

The export value of wood and wooden products posted the highest growth, surging 60.4 percent year-on-year to 224.6 million USD.

China remained the southern city’s biggest buyer, with revenue totalling nearly 1.8 billion USD, a year-on-year increase of 31.6 percent and accounting for 23.2 percent of its export value.

It was followed by the US with 1.2 billion USD, up 15.1 percent.

Local enterprises spent 10.92 billion USD on importing goods in the period, up 53 percent year-on-year./.

Hanoi’s February consumer price index up 1.8 percent

The consumer price index (CPI) in the capital city grew up 1.8 percent in February from the previous month, according to the Hanoi Statistics Office.

Ten out of 11 groups of products and services in the CPI basket recorded higher prices. The group of housing, electricity, water and construction materials posted the highest price increase of 6.02 percent, mostly due to rises in the costs of electricity, gas, and construction services.

The prices of restaurant and catering services jumped 1.44 percent thanks to high consumption demand for the Lunar New Year festival – the biggest traditional festival of Vietnamese people.

Moving in the upward trend were groups of transport (1.24 percent); beverage and tobacco (0.77 percent); apparel, headwear, and footwear (0.06 percent); household equipment (0.04 percent); and other goods and services (0.11 percent). The two groups of medicine and medical services, and education both grew by 0.01 percent.

The postal and telecoms services group was the only one recording a price decline of 0.01 percent.

The Statistics Office also said that the gold price went down by 0.56 percent, while the price of US dollar dropped by 0.27 percent as compared to January./.

Aquatic exports rise 2.2 percent in two months

Export value of aquatic products reached 405 million USD in February, pushing the figure in the first two months of 2021 to over 1 billion USD, up 2.2 percent over the same period last year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

According to the association, exports of tra fish saw positive signals since the beginning of this year after consecutive drops in 2020, with a 1.7 percent rise in the first two months of 2021 to 214 million USD.

Meanwhile, shrimp export in February was estimated at 160 million USD, down 18 percent year on year, resulting in over 380 million USD in the first two months of 2021, a slight annual fall of 0.8 percent.

At the same time, seafood exports rose 31.4 percent to 264 million USD in January but dropped 21 percent to 156 million USD in February, resulting in the two-month export value of 420 million USD, up 5.5 percent.

The VASEP said that in the first two months of this year, exports of Vietnamese aquatic products were affected by demands of markets amidst COVID-19 pandemic.

The association forecast that aquatic export value in March will reach about 640 million USD, up 1.5 percent over the same period last year thanks to high demand in the US, EU and members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)./.

Vietjet offers free baggage allowance on domestic routes

The budget carrier Vietjet Air has offered free 20kg of checked baggage for passengers on its entire flight network across Vietnam.

Accordingly, from February 27 to March 31, 2021, passengers buying tickets and flying with Vietjet across Vietnam will receive the special gift of 20kg checked baggage in addition with 7kg hand luggage completely for free.

The special offer is for passengers booking tickets at least 3 hours before departure time on Vietjet’s official sales channels at www.vietjetair.com, official Facebook page at https://www.facebook.com/vietjetvietnam/, ticket offices and official agents, applying for all payment methods. The free checked baggage is immediately applied as customers choose to include a 20kg baggage package when booking on all domestic flight routes with the flight time from February 27, 2021 to April 25, 2021.

Especially, passengers do not miss opportunities to fly and experience the new super convenient Deluxe fare type of Vietjet at an unprecedented attractive price from only 399,000 VND (17.25 USD). In addition to the 20kg checked luggage for free, Deluxe passengers can enjoy free changes of flight, date, route for unlimited times; free priority check-in; free seat selection; and included Deluxe Flight Care programme.

Government gives in principle approval to industrial park projects

The Government has given the green light to a number of industrial park projects in the central province of Nghe An and the northern provinces of Nam Dinh and Vinh Phuc.

The Hoang Mai 1 Industrial Park project in Hoang Mai township in Nghe An received in principle approval under Decision No 276/QD-TTg and will have a duration of of 50 years.

Located in the Southeast Nghe An Economic Zone, the project covers 264.77 ha and has total investment of 750 billion VND (32.4 million USD).

In other decisions, Prime Minister Nguyen Xuan Phuc approved in principle the construction and trading of infrastructure at the My Thuan Industrial Park in My Loc and Vu Ban districts in Nam Dinh and the Thai Hoa-Lien Son-Lien Hoa Industrial Park (first phase) in Lap Thanh district in Vinh Phuc.

My Thuan will cover 158.48 ha and have total investment of over 1.6 trillion VND (69.19 million USD), while Thai Hoa-Lien Son-Lien Hoa will sit on 145.27 ha and have total capital of 774.82 billion VND (33.5 million USD)./.

Hanoi’s February consumer price index up 1.8 percent

The consumer price index (CPI) in the capital city grew up 1.8 percent in February from the previous month, according to the Hanoi Statistics Office.

Ten out of 11 groups of products and services in the CPI basket recorded higher prices. The group of housing, electricity, water and construction materials posted the highest price increase of 6.02 percent, mostly due to rises in the costs of electricity, gas, and construction services.

The prices of restaurant and catering services jumped 1.44 percent thanks to high consumption demand for the Lunar New Year festival – the biggest traditional festival of Vietnamese people.

Moving in the upward trend were groups of transport (1.24 percent); beverage and tobacco (0.77 percent); apparel, headwear, and footwear (0.06 percent); household equipment (0.04 percent); and other goods and services (0.11 percent). The two groups of medicine and medical services, and education both grew by 0.01 percent.

The postal and telecoms services group was the only one recording a price decline of 0.01 percent.

The Statistics Office also said that the gold price went down by 0.56 percent, while the price of US dollar dropped by 0.27 percent as compared to January./.

HCMC helps real estate firms to ride out difficulties

HCMC leaders, including the city’s Chairman Nguyen Thanh Phong, Vice Chairman Le Hoa Binh and heads of departments, held a meeting with 16 real estate firms on February 27 to help them ride out their difficulties.

Deputy director of the HCMC Department of Construction Huynh Thanh Khiet said the real estate supply in 2020 dropped 34% year-on-year. As investors have focused more on the up-market segment, the proportion of newly developed luxury apartments and medium apartments jumped from 25% to over 41% and from 23.8% to 57%, respectively. Meanwhile, that of budget apartments dropped from 51% to 1%.

A representative of Novaland Group said some of the group’s projects are facing difficulties related to construction permits, house ownership certificates or legal procedures of the Thu Thiem new urban area.

“We hope that the Government and leaders of the city and departments will help us promptly resolve problems, enabling us to speed up our projects. This will help provide more products for the real estate market, meet the demand of the citizens, improve social security and contribute to the state’s budget,” he said.

Le Huu Nghia, director of Le Thanh Real Estate Company, said his company’s social housing projects have faced difficulties related to the legal procedures and tax policies. The time set for completing social housing project procedures has been shortened from between three and five years to 11 months but poor coordination between departments and districts may lengthen the process.

A representative of Thao Dien Real Estate JSC said the company has completed all procedures required by the relevant agencies. However, the land has not been handed over to the company to build a social housing project over the past 10 years.

Addressing the meeting, chairman of the HCMC Real Estate Association Le Hoang Chau suggested reducing investment license procedures to only four steps to save time and costs for businesses.

HCMC Chairman Nguyen Thanh Phong assigned the city’s Vice Chairman Le Hoa Binh with working with departments to help real estate firms resolve problems related to investment certificates, tax policies and house ownership certificates.

“The city will try to help 61 projects that are struggling to resolve their problems before April 15,” Phong stressed.

Going forward, the city will regard planning as a tool for construction management. The city will support the Department of Planning and Architecture and hire foreign experts to ensure proper planning.

According to Phong, the real estate sector contributes 8.2% to the city’s total revenues. Helping real estate businesses ride out difficulties is therefore vital for the city’s development.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

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VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)

March 5, 2021 by vietnamnet.vn

Many elderly people join 2nd stage of Nano Covax vaccine trials

A total of 367 volunteers, including 30 aged over 60, have been injected with Nano Covax, Vietnam’s first homegrown COVID-19 vaccine candidate, in the second phase of its human trials, according to the Military Medical University.

The second stage has been conducted by the university and the Ho Chi Minh City-based Pasteur Institute since February 26. It has been carried out at the university in Hanoi and the medical centre of Ben Luc district in the southern province of Long An, with the participation of 560 volunteers aged from 12-75, including 80 aged over 60.

They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose.

Volunteers receiving shots on the morning of February 26 will receive the second doses in late March.

Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent authorities have been prepared for all scenarios and ensure safety for all volunteers.

Results of the trial will be announced in May 2021 before preparing for the third-stage trial during which only one single shot of the vaccine will be administered to 10,000-15,000 people from both domestic and foreign pandemic-hit regions, Quyet added.

Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Hanoi-based Military Medical University, Nano Covax is Vietnam’s first COVID-19 vaccine to reach the human trial stage.

The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against the B117 variant from the UK.

Vietnam is one of 40 countries and territories in the world to have begun human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early in the pandemic./.

National university processes complaint of lecturers in Korean Studies Faculty

The task force of VNU-HCMC began its work in USSH on March 4. Therefore, in pursuance of Point C, Clause 2, Article 25 of the Press Law, USSH temporarily stops providing related information to the press.

According to Mr. Tran Nam, Head of the Communications and Public Relations Department of USSH, his university strictly observed the procedure to process a complaint, from mediation, formal dialogue, to instruction on sending an official complaint to the Management Board for a feasible solution.

However, USSH did not receive any formal complaint from concerned lecturers. Instead, these teachers directly sent their complaint to the Government Inspectorate of Vietnam (GIV). After receiving the forwarded complaint from GIV, USSH immediately established a task group to handle the case in accordance with regulation.

The 12 lecturers have then sent their complaint for the second time to GIV, which transferred it to VNU-HCMC.

USSH issued a formal criticism to the Dean of the Korean Studies Faculty for the weakness in management tasks, along with a request to adopt a proper solution to tackle this problem. The university also criticized the 11 lecturers because of their lack of respect towards USSH and certain wrong details of the objective truth in their complaint, negatively affecting the organization’s reputation.

USSH proposed to transfer these lecturers to another more suitable department, yet these people unilaterally terminated their work contract. Therefore, the university agreed to their request and offered detailed instruction on the procedure to ensure employee’s rights.

Simultaneously, USSH is hiring visiting lecturers and recruiting new ones so that the operation and training of the Faculty is properly maintained, minimizing the adverse effects of this incident on learners.

First day after social distancing lifted in Hai Duong

biz news 9

Strict social distancing measures were lifted in the northern province of Hai Duong, Vietnam’s latest COVID-19 hotspot, on midnight on March 3. Local people have begun to resume normal life while still following strict prevention regulations.

Though social distancing has ended in Hai Duong province, Kim Thanh district is one of four localities to still comply with Directive No 15 from the Prime Minister. On March 3, the district intensified its prevention and control efforts, handling violations and taking tests in high-risk communes to prevent community transmission.

Thanh Ha district is among the low-risk districts in Hai Duong. Overjoyed after social distancing ended, local people remain vigilant against the pandemic.

With one commune still implementing Directive No 15, non-essential service and business activities remain suspended in the whole district. Restaurants and eateries are only serving take-away customers.

In Hai Duong city, the number of people going out on to the street has increased compared to the day before. After half a month of social distancing, the rhythm of daily life has yet to return, but local people are seeing some level of normality while remaining vigilant against the pandemic./.

Toddler falling from apartment building discharged from hospital

The three-year-old girl named N.P.H. who fell out of the 13th floor at Nguyen Huy Tuong Apartment Complex in Hanoi was discharged after five days in the Central Children’s Hospital on March 05.

The girl had a dislocated hip joint upon arriving at the hospital on February 28, 2021, whereupon doctors decided to relocate the joint and apply a cast.

According to Head of Pediatric Orthopedics Department at the hospital Dr. Hoang Hai Duc, she has responded well to treatment, and X-ray as well as head CT results upon her discharge showed no abnormal signs.

N.P.H. is scheduled for another hospital visit after two to three weeks to have her health re-evaluated.

The head of the Social Work Department at the Central Children’s Hospital visited and gave presents to the girl before she was discharged. The hospital also assigned helpers to visit little H. at her home for future check-ups.

Previously, the unsupervised little girl fell out of the balcony of her home on the 13th floor and was caught in time by the heroic Nguyen Ngoc Manh, a truck delivery driver who happened to be in the vicinity at the time.

Youngsters join social activities to celebrate Youth Month 2021

Various social activities have been launched by Youth Unions nationwide to celebrate Youth Month 2021.

On March 4, Quang Binh Provincial Youth Union said that local youths have simultaneously joined many activities to help boost local new rural area construction movement, including building houses of gratitude in Van Phu Village (Quang Van Commune) and the Martyrs Cemetery in Quang Loc Commune in Ba Don Town, with a total budget of more than VND200 million. A school construction has been launched in the upland commune of Thuong Trach (Bo Trach District), while in Dong Hoi District, houses for poor households in Phu Hai Ward, Duc Ninh Commune have been repaired. Local Youth Union establishments visited and gave gifts to families in difficult circumstances, as well as joined in garbage collection in residential areas and beaches and promoting communications on prevention and control of COVID-19.

* On the same day, the Council of Young Pioneers of Thai Binh Province coordinated with its affiliate in Vu Thu District to launch the “Thai Binh’s children responding to the Youth Month 2021” movement, with specific practical activities towards children. The organising committee awarded presents and a number of youth projects serving children in Minh Khai Commune (Vu Thu District). A contest to learn about the history of the Ho Chi Minh Communist Youth Union was also launched.

* The Provincial Youth Union and the Steering Committee for the implementation of the Youth Development Programme in Tay Ninh Province have launched the Youth Month 2021. At the ceremony, the organisers awarded 150 scholarships, a social house and 30 gifts to the families of young volunteers in difficult circumstances with a total budget of VND80 million. On the occasion, the Youth Union of Go Dau District awarded VND100 million to youths’ start-up projects.

* Until March 14, the University of Da Nang will receive dossiers for a contest on “Technology start-up among students”, aiming to find and support ideas and initiatives to apply advanced technologies in entrepreneurship. The contest will run until May 15, with four preliminary rounds and then a final round with the participation of the 15 best projects.

Embassy hosts New Year gathering with overseas Vietnamese in Belgium

The Embassy of Vietnam in Belgium held a get-together with overseas Vietnamese on March 4 to celebrate the Lunar Year of the Buffalo.

At the event, Ambassador to Belgium Vu Anh Quang extended his greetings to the local Vietnamese community, and voiced his encouragement to the community after a year full of hardships caused by COVID-19, while expressing his gratitude for their activities in support of the homeland.

Quang, who is also head of the Vietnamese mission to the EU, also informed the participants on future activities, along with the results of the fight against COVID-19 in Vietnam, the country’s socio-economic development and success of the 13th National Party Congress which took place before Tet (Lunar New Year) festival.

Despite difficulties, the association of Vietnamese people in Belgium raised 6,000 EUR (7,170 USD) for flood victims in Vietnam’s central region last year, which helped farmers at a cooperative to resume production and stabilise their lives, according to a member of the organisation./.

Hanoi ready to restart socio-economic activities with Covid-19 under control: Mayor

Hanoi’s mayor called for local governments to provide support for businesses affected by the pandemic, and review current existing supporting programs to ensure greater efficiency.

Hanoi is ready to restart and accelerate socio-economic activities as the Covid-19 situation in the city has been put under control.

Chairman of the Hanoi People’s Committee Chu Ngoc Anh gave the remarks at the city’s monthly meeting on March 4.

“The priority in March is to strictly comply with anti-Covid-19 measures and boost socio-economic development,” Ngoc Anh said.

Among measures to boost the local economy, the Hanoi’s mayor requested greater efficiency in global integration to boost exports, while adopting a more selective approach in attracting high quality foreign direct investment (FDI).

“Hanoi aims to create a favorable business environment to further attract investment capital, along with more support to spur the growth of the private sector and pubic investment,” he noted.

As public investment continues to be a key solution to aid economic recovery this year, Ngoc Anh urged local authorities to closely monitor the progress of public projects and those financed by ODA funds.

Ngoc Anh called for local governments to provide support for businesses affected by the pandemic, and review current existing supporting programs to ensure greater efficiency.

Hanoi’s economic performance in the first two months stayed positive with the Index of Industrial Production (IIP) expanding by 7.5% year-on-year, higher than the 5.8% rate recorded in the same period last year.

The city’s trade turnover also witnessed strong recovery as exports in the two-month period reached US$2.3 billion, up 12.7% year-on-year, staying in stark contrast with a contraction of 19% in first two months of last year.

Foreign direct investment (FDI) commitments to Hanoi in the year to February 23 hit US$58.9 million. The investors registered to pour US$14 million into 28 fresh projects, and an additional US$4.1 million into nine existing projects. They have also injected US$40.8 million to acquire stakes or contribute capital in local companies.

This year, Hanoi targets an economic growth of 7.5-8%, a strong rebound from the 3.98% in 2020.

Volunteers sought for second homegrown COVID-19 vaccine trials

People, aged from 18-59 and residing in Hanoi, can register for human trials of Vietnam’s second COVID-19 vaccine candidate COVIVAC from March 5 morning.

In the first phase of the trials, 150 healthy volunteers will be injected with two doses of 0.5ml with an interval of 28 days.

They will be divided into five groups, including one group provided with placebo shots, and their health will be closely monitored within 24 hours after injections.

Each volunteer will have their health checked-up eight times in 12 months.

After 43 days since the first phase starts and shows good results, the second phase will be carried out at the medical centre of Thai Binh province’s Vu Thu district, with 300 volunteers.

The homegrown vaccine has been developed by the Nha Trang-based Institute of Vaccines and Medical Biologicals (IVAC) and the Hanoi Medical University since last May, using primary chicken embryo cell culture, a technique the institute used previously to successfully produce seasonal flu vaccines.

COVIVAC has undergone pre-clinical trials in India, the US, and Vietnam, said IVAC Director Dr. Duong Huu Thai, adding that results showed that it satisfies all conditions to be tested on humans.

The vaccine candidate demonstrated high immunogenicity during pre-clinical trials. It was created based on studies of new SARS-CoV-2 strains.

This vaccine is expected to have a price of around 60,000 VND (2.59 USD) per dose.

Exhibition: “Those who do not move, do not notice their chains”

The exhibition, held by international and Vietnamese female artists in Hanoi to commemorate life and work of Rosa Luxemburg, will be opened to public from March 5 to April 12

In commemoration of the 150th birth anniversary of Rosa Luxemburg, the Non-governmental organization of Rosa-Luxemburg-Stiftung in Hanoi will organize an exhibition titled “Those who do not move, do not notice their chains”, showcasing artworks from five female artists.

The title of the exhibition is taken one of Rosa Luxemburg’s famous quote: “Those who do not move, do not notice their chains.”

“This presentation is a response and an echo to Rosa Luxemburg’s life of fighting for a fair society,” noted by Tuan Mami, the curator of the exhibition.

The idea of this exhibition is built upon Rosa’s inspiration and her revolutionary theory, to keep the link between people whose strive to devote their lives for humanity and who always act to make society better.

This unique showcase brings together five female voices who have contributed significantly to society and culture through their arts and activities.

The five artists (Veronika Radulovic, Nguyen Trinh Thi, Nguyen Phuong Linh and Joyce Ho) come from different backgrounds, societies, and generations. They will be creating a dialogue to discover various aspects of lives and continuously ‘Reform’ themselves to adapt to changes in life.

The exhibition is opened to public from March 5 to April 12, 2021 at 8C, 76 To Ngoc Van street, Tay Ho district, Hanoi.

Along with this special event, Rosa Luxemburg Stiftung – Southeast Asia will also launch a book titled “Immortal Rose”, which is written upon her political legacy, and portrays a revolutionary woman she was through concise yet vivid narrative, embellished with artistic illustrations.

Rosa Luxemburg (March 5, 1871 – January 15, 1919) was a Polish Marxist, philosopher, economist, peace activist, and revolutionary socialist.

E-health declaration compulsory for all air passengers: CAAV

All passengers have to make e-health declaration before boarding flights at airports across Vietnam as requested by the Civil Aviation Authority of Vietnam (CAAV), part of efforts to prevent COVID-19 transmission.

To implement the Prime Minister’s recent directions on COVID-19 prevention and control, the CAAV has asked relevant agencies and units to coordinate closely with localities to apply anti-coronavirus measures appropriate to the risk level in each area and site.

It demanded that related parties must not lower their guard while minimising adverse impacts on goods transportation, production and business activities, and people’s lives and pushing ahead with the 5K principle: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering) and khai bao y te (health declaration).

The security force at airports has to instruct passengers to make e-health declaration so as to ensure that all passengers will complete the procedure before getting on board.

The CAAV also told airport authorities to disseminate the abovementioned information to all foreign airlines, as well as agencies and units operating at airports nationwide./.

PM urges completion of draft resolution on specific policies for Thua Thien-Hue

Prime Minister Nguyen Xuan Phuc on March 4 urged relevant agencies to promptly complete a draft resolution on specific mechanisms and policies for Thua Thien-Hue central province based on the conservation and development of Hue’s heritage and cultural identity, to be submitted to the National Assembly Standing Committee.

More than one year ago, the Politburo issued a resolution on the construction and development of Thua Thien-Hue to 2030, vision to 2045, aiming to turn the province into a centrally-run city in tandem with the conservation and development of heritage and cultural identity of the former imperial capital.

As a step to implement the resolution, the Government has been working on a draft resolution of the NA Standing Committee outlining some specific mechanisms and policies for the province.

The draft resolution allows the application of specific criteria on population size and density, budget balance and per capita income, and stipulates specific mechanisms and policies to help Thua Thien-Hue capitalise on its potential and resources for development while harmonising economic growth and cultural development, thereby raising people’s income.

It puts forward four major policies regarding entrance fees to relic sites, a fund for the conservation of Hue relics, loans to the province and the handling of land and properties managed by central State agencies, which are viewed as important in creating optimal conditions for Thua Thien-Hue to become a centrally run city as targeted in the Politburo’s Resolution./.

VFF to conduct inspection and supervision over elections in localities

The first phase of supervision and inspection over the upcoming elections of deputies to the 15th National Assembly and People’s Councils at all levels in the 2021-2026 term will be implemented from March 15 to April 13 with five inspection teams, each covering three provinces and centrally-run cities and one district in each locality.

The teams will focus on examining affairs related to the guidance of procedures in introducing candidates, communications on the elections, the organisation of negotiations to introduce candidates to the 15th National Assembly and People’s Councils at all levels in the 2021-2026 tenure, the submission of candidates’ documents, and the collection of voter’s opinions on the candidates, among others.

Speaking at the second meeting of the Steering Committee for the Elections of Deputies to the 15th NA and People’s Councils at all levels in the 2021-2026 tenure in Hanoi on March 4, President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man hailed the VFF’s specialised agencies in advising the steering committee on the organisation of training courses on election activities, inspection, introduction of candidates, and meetings to collect voters’ opinions.

He asked the agencies to assign officials to take the charge of citizen reception, giving voting guidance, and receiving and handling complaints and denunciations related to the elections.

Man requested the steering committee to continue focusing on guiding localities and member organisations in holding the elections, while discovering their difficulties to give timely solutions, ensuring that the elections take place in a democratic, safe and economical manner in line with the law.

Along with the inspection and supervision activities, the VFF should focus on organising the second negotiation conference at the central level, while continuing to gathering voters’ opinions on the candidates and verifying problems discovered by voters.

The elections of deputies to the 15th NA and People’s Councils at all levels in the 2021-2026 tenure is slated for May 23./.

COVID-19 patient in Hanoi relies on ECMO due to critical condition

A COVID-19 patient given treatment at the National Hospital of Tropical Diseases in Hanoi is currently receiving extracorporeal membrane oxygenation (ECMO), a sophisticated form of therapy aimed at saving individuals who are in a critical condition.

Furthermore, the patient is also showing signs of edema, bleeding of the skin, and gum bleeding.

However, according to Dong Phu Khiem, deputy head of the Department of Positive Recovery, the patient still has a chance to be saved as his heart, liver, and kidneys are working properly.

Vietnamese doctors are also treating several seriously-ill COVID-19 patients in both Hanoi and Quang Ninh.

As of March 3, the country has recorded a total of 2,482 positive COVID-19 cases, including 1,566 domestic infections and 916 imported ones.

Visitors wearing ao dai to receive free entrance to Hue’s relics

VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)

Visitors in ao dai at the Hue Imperial City (Photo: VNA)

Free entrance to relics in Hue city of central province of Thua Thien-Hue will be offered to visitors wearing ao dai (Vietnamese traditional dress) during three days from March 6-8 , announced the provincial People’s Committee on March 4.

It is part of activities in response to the “Week of Ao Dai” event launched by the Vietnam Women’s Union (VWU) and a project highlighting Hue as the capital of ao dai, and to celebrate the 111th International Women’s Day on March 8.

Relevant agencies in the province have been asked to join hands with the provincial women’s union to take part in the “Week of Ao Dai” event and the aforementioned project.

Thua Thien-Hue has organised a panoply of programmes to honour the charms of ao dai and promoted Hue city as a capital of the traditional costume, calling on local residents to wear ao dai regularly at schools and workplace.

Upcoming National Assembly election to have 184 constituencies

There are 184 constituencies across Vietnam in the election of deputies to the 15th National Assembly (NA), according to a new resolution.

The resolution was adopted by the National Election Council on March 3, specifying the number and list of constituencies and the number of NA deputies to be elected in each constituency nationwide.

Hanoi and Ho Chi Minh City have the largest number of constituencies, 10. HCM City will have 30 NA deputies, the highest number among centrally-run cities and provinces, followed by Hanoi, 29.

The election is scheduled to take place on May 23, which falls on Sunday./.

Heat wave strikes southern Vietnam

Ho Chi Minh City and other localities throughout the south are in the midst of a long heat wave with temperatures reaching up to between 35 and 36, even 38 degrees Celsius.

Moving forward over the coming days, Quyet anticipates that the region’s UV Index will remain at a ‘very high’ level, from nine to 10.

He therefore predicts that the next five days will see the average temperature in the southern region remain around 34 to 36 degrees Celsius. In Ho Chi Minh City, average temperatures will be around 35 to 36 degrees Celsius, although the real feel may be higher, around 37 to 38 degrees Celsius.

Local residents are therefore advised to wear sun protective clothing alongside sunglasses, hats, face masks, and sunscreen when going out during the daytime. They are also encouraged to drink more water to avoid dehydration in the scorching sun.

Mekong Delta faces peak saltwater intrusion in March, April

Saltwater intrusion in the Mekong Delta will continue to increase in March and April, according to the National Centre for Hydro-Meteorology Forecasting.

The peak of saltwater intrusion will occur during high tide on March 12 -16, March 27 – April 1, April 9 – 14 and April 24 – 30.

The delta, the country’s largest rice, fruit and seafood producer, is facing a higher than normal level of saltwater intrusion from the sea through river mouths in the ongoing dry season. However, it is not as severe as the level of the previous dry season.

The delta’s provinces have dredged irrigation canals to store more water and upgraded and built dams and sluices to prevent saltwater intrusion and store fresh water.

Nguyen Thien Phap, head of Tien Giang province’s Irrigation Sub-department, said the province has built eight dams to store fresh water for agricultural production and supply daily use water for 800,000 households.

Farmers in Tien Giang, the country’s largest fruit producer, have stored irrigation water in their orchard ditches for fruit and other crops.

In Ca Mau province, farmers have stored fresh water in containers and have switched to growing drought – resistant crops.

The delta sowed the ongoing winter-spring rice one month earlier than normal to avoid a shortage of irrigation water at the end of the crop. Farmers are now harvesting the winter-spring rice and have had a bumper harvest. The harvest of the winter-spring rice is expected to be completed in May./.

Quang Ninh strives to recover tourism, service sectors

Authorities of the northeastern province of Quang Ninh have pledged to work with business and tourism associations to recover the tourism and service sectors against the backdrop of the COVID-19 pandemic.

Secretary of the provincial Party Committee Nguyen Xuan Ky requested local firms and people to bolster communications towards promoting Quang Ninh as a safe, stable and developing locality in a new normal situation.

He called on businesses to join hands with local authorities and people in taking advantage of every chance to stabilise production and business, while staying vigilant and ready to battle the pandemic.

With the new wave of COVID-19 outbreak contained, the province reopened activities at tourist attractions and places of worship at 0:00 on March 2, while preventive measures are still in place.

Activities at Ha Long Bay, a UNESCO World Heritage Site, have also been resumed.

However, the sites are temporarily only open to those who are living and working in the province.

To support tourism firms, Quang Ninh has launched four promotion packages worth billions of VND in an effort to maintain incentives for the sector, and offer ticket discounts at numerous famous tourist destinations since last year.

It has also worked to devise new products and hosted various cultural, sports and tourism events, as well as introduced tourism promotions.

A member of security staff at Quang Ninh’s Van Don International Airport tested positive for the coronavirus SARS-CoV-2 in January, forcing the closure of the airport until March 3./.

MoLISA proposes keeping region-based minimum wage unchanged in 2021

The Ministry of Labour, Invalids and Social Affairs (MoLISA) is collecting ideas on a draft proposal to the Government in which the National Wage Council suggests it not raise the region-based minimum wage in 2021 after considering the socio-economic circumstances.

The ministry explained that amid the impact of COVID-19, the raising of the minimum wage would affect employment, as businesses are still facing various concerns.

According to calculations by the National Wage Council, with the consumer price index (CPI) estimated to have risen 4 percent each year in 2019-2020, the minimum wage applied in 2020 was still higher than the minimum living conditions, by 1.51 percent. The council added that with a real CPI increase of 3.23 percent in 2020, the regional minimum wage was actually higher than the minimum living conditions, by 2.28 percent.

Therefore, the council recommended that the region-based minimum wage be kept unchanged in 2021 and that adjustments be made in 2022.

According to the draft proposal, upturns were seen in unemployment as well as the number of dissolved enterprises or those suspending operations. Last year, 101,700 companies ceased operations, up 13.9 percent over 2019.

MoLISA said that experts and management officials agree that amid the difficulties in socio-economic conditions, business operations, employment, and incomes in 2020, it is necessary to choose prioritised areas for support, with careful consideration given to wage policy to ensure social sustainability.

The ministry underlined that if the socio-economic situation and relevant factors are favourable, adjustments to the minimum wage could be considered on January 1, 2022 instead of July, as proposed by the Vietnam General Confederation of Labour, which also matches international practice.

Vietnam has made adjustments to the minimum regional wage 18 times since 2000.

The ministry added that if there are any abnormal developments, the National Wage Council will submit a report to the Government for consideration./.

Consulate General supports Vietnamese in Preah Sihanouk during COVID-19

The Vietnamese Consulate General in Preah Sihanouk has called on Vietnamese-Cambodians and Vietnamese people working in the province to be cautious given the local spread of the COVID-19 pandemic, while following prevention and control measures set by authorities, in particular reducing travel in the current context. The Consulate General has also suggested relevant agencies in the province provide the best care for Vietnamese citizens who tested positive to the coronavirus SARS-CoV-2 in the locality.

When help is required, Vietnamese-Cambodians and Vietnamese citizens in Preah Sihanouk can contact the Consulate General via its consular service hotline on 0882 248 888 or the overseas Vietnamese affairs hotline on 0977 988 666.

Cambodian Prime Minister Samdech Techo Hun Sen on the night of March 3 instructed competent authorities to stop people’s movement out of Preah Sihanouk in order to prevent the spread of COVID-19 to other provinces, according to the Khmer Times.

He also advised boosting vaccinations in the coastal province, underlining that more vaccines, both Sinopharm and AstraZeneca, would be sent there on March 4.

Since the third wave of COVID-19 hit Cambodia on February 20, Preah Sihanouk has recorded 80 cases, comprising 60 Chinese, five Vietnamese, and 15 Cambodians./.

More than 390 Vietnamese citizens flown home from Myanmar

More than 390 Vietnamese citizens were flown home from Myanmar on two flights on March 4, which were arranged by Vietnamese agencies, the Vietnamese Embassy in Myanmar, and Vietnam Airlines in coordination with Myanmar agencies.

Passengers on the flights included under-18 children, people with illnesses and those in other especially disadvantaged circumstances.

Amid the recent developments in Myanmar along with complicated COVID-19 situation, the embassy has kept a close watch on the situation and contact with citizens so as to give them specific guidance for arriving at the airport safely and on time. The embassy also sent officials to the airport to assist citizens in completing necessary procedures for boarding the flights.

In order to ensure health for the citizens and prevent the spread of the pandemic, strict security, safety and epidemiological measures were implemented throughout the flights.

Immediately after the flights landed in Da Nang airport, passengers and crews on the flights were given health check and sent to concentrated quarantine facilities in line with regulations.

The repatriation of citizens in disadvantaged circumstances abroad will be arranged in accordance with people’s wish, the pandemic’s development and domestic quarantine capacity./.

More subjects of Vietnamese universities enter QS ranking 2021

More subjects of Vietnamese universities have been added into the Quacquarelli Symonds (QS) ranking 2021.

The ranking rated 51 groups of subjects in five fields at 1,500 tertiary education establishments with about 14,000 training programmes.

The Vietnam National University (VNU) – Hanoi’s business and management research major entered the list for the first time, apart from computer science and information system, mechanical engineering, aviation and manufacturing, maths, physics and cosmology which appeared in the previous edition of the ranking.

The Hanoi University of Science and Technology (HUST) had four subjects ranked, including computer science and information system, electrical engineering-electronics, mechanical engineering, aviation and manufacturing, and maths.

The VNU– Hanoi is the only university in Vietnam to have business and management research named in the ranking, placed in the group of 501-550 among 1,161 establishments in the list.

Its computer science and information technology moved down from the group of 501-550 in 2020 to the group of 601-650, ranking second in Vietnam, behind the HUST.

Its math major still stood in the group of 401-450 globally, taking the lead in Vietnam. It is followed by the HUST with a place in the group of 451-500.

Meanwhile, mechanical engineering, aviation and manufacturing returned to the group of 451-500 compared to 2020, behind the HUST in the group of 401-450.

In 2021, the VNU-Hanoi is also the only university in Vietnam to have its physics and cosmology ranked, in the group of 501-550.

As for electrical engineering-electronics, the HUST was still in the group of 401-450 and took the first spot in Vietnam.

The ranking is based on a methodology that assesses each institution on four criteria, including its reputation among academics and employers./.

“Da Nang by Night” piloted to revive pandemic-hit tourism

Chairman of the People’s Committee of central Da Nang city Le Trung Chinh has signed a plan to pilot the “Da Nang by Night” programme, to revive tourism and services hurt by the COVID-19 pandemic while implementing the city’s scheme to develop the night-time economy.

The programme will be piloted from 2021-2023, starting from April 30 this year on the occasion of the Southern Liberation and National Reunification holiday.

It will include lighting shows, night-time tourism and service activities at selected places of interest, and cultural events along the Han River, such as street dances, music, food, and traditional arts.

There will also be night tours along the Han River.

As part of the programme, there will be happy hours when tourists can enjoy special discounts at local shops, supermarkets, shopping centres, and restaurants, in order to boost demand after 10pm.

Director of the municipal Tourism Department Truong Thi Hong Hanh said the programme seeks to create new distinctive tourism products to enhance the experience of tourists to the city./.

National contest launched to promote reading

A national contest for students has been launched to seek Việt Nam’s Reading Culture Ambassador 2021.

The contest ‘Reading Culture Ambassador’ run by the Ministry of Culture, Sports and Tourism aims to inspire the passion and the habit for reading among young people.

“The contest will affirm the role and value of reading culture in building the human capacity of Vietnamese people,” said Phạm Quốc Hùng, head of the culture ministry’s Library Department.

“Reading culture will contribute to improving people’s knowledge, developing thinking and creating ability and enhancing personality and soul.”

Under the Government’s project of ‘Fostering a reading culture within the community, with an orientation to 2030’, the contest is among a wide range of activities to spread and develop reading culture.

As well as encouraging reading and the creation of a learned society, the contest also aims to help improve understanding of the rich national culture.

Last year, the contest opened for visually impaired people, and the Việt Nam Association of the Blind is in charge of it.

Pupils and students can take part in the preliminary round from now to July 31.

In the final round, entries will be submitted to the organising board before August 5, 2021. The awarding ceremony to honour the Ambassador of Reading Culture will be held by the end of October 2021.

The organising board wants entrants to write about their favourite book which changed their mind and their life, compose a story or poem or write a continuation of a story or a book.

The entries have to answer the question: “If you will be the Ambassador of Reading Culture, what would you do to promote reading in the community?”

Last year, the contest attracted more than 1 million entries from 5,400 schools.

Đặng Phương Nam from the People’s Police Academy and Nguyễn Hoàng Yến from the Đông Triều High School in the northern province of Quảng Ninh were given the title ‘Ambassador of Reading Cutlure 2020’.

More than 250 prizes were presented to outstanding collectives and individuals at the contest.

Families install safety nets after Hanoi child apartment fall

Many families living at apartment buildings in Hanoi and HCM City have installed balcony safety nets after a baby girl in Hanoi fell from the 12th floor of an apartment building.

A resident from Hanoi’s Nam Tu Liem District, Hai Lan said, “We have just moved to this area so many things are still incomplete. But after hearing that a baby girl fell from the 12th floor, I had the balcony safety net installed immediately. I felt so careless for not installing the net sooner.”

Lan said she had two small children and chose a net that cost VND180,000 (USD8) per square metre.

Another resident in Hanoi, Trung Nghia, said he had not only installed the net on the balcony, but also along the staircase.

Hai, a service provider in Hanoi, said he used to have only two or three customers a day. But recently, he received up to 60 orders a day. He said that the net was very durable and would not be much damaged by the weather.

Tran Van Toan from HCM City’s District 12 said he lives on the 8th floor with two children. One of his children is five years old and the other is only 18 months old.

“After watching the clip, I felt so worried about my children. My wife and I decided to install the safety net immediately since both my children are very active and don’t know how to protect themselves yet. We don’t want to regret it later,” he said.

He later installed 10 square metres of safety net for VND1.9m (USD82). According to Toan, many of his neighbours are also planning to install safety nets.

Even families who are not live in apartment buildings also feel worried. Nguyen Thuy Van from District 3 said she already installed the safety net for the second and third-floor of her house. “My child always plays near the balcony so we want to be more careful. It costs us about VND2.2m (USD95),” she said.

Dinh Van Sau from Go Vap District said he had received 60 calls from customers who wanted to learn more about safety nets. 20 people have ordered one for their home in the past three days. A safety net will not affect the apartment’s aesthetic or become too stuffy while protecting the children. The cost of the net ranges from VND150,000 (USD6.5) to VND210,000 per square metre.

Other service providers in Tan Binh District also reported having received more orders in the past few days and their revenues had boomed five to six times.

Da Nang plans to build tunnel under airport, metro system

VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)

Da Nang is calling for investment in major transport projects over the next five years.

The central city of Da Nang is planning to construct a six-lane tunnel under the airport as part of its key infrastructure projects to call for investment over the next five years.

The 3.7 kilometre long project, with the main underground section running 2.8 kilometres, is expected to cost VND8.228 trillion (US$359 million) and will connect with urban zones located to the west of Da Nang Airport.

The city is also planning to build a rapid transit system with two metro lines running east-west and north-south, at an estimated total investment of VND54.5 trillion (US$2.38 billion).

The east-west line connects Nam O in Lien Chieu District with An Hai Dong in Son Tra District through the city centre, while the north-south line links Son Tra and the airport area with Khue Trung in Cam Le District.

Such metro projects will be implemented under public-private partnerships.

In addition, Da Nang is calling for investment in a rail line linking Da Nang and the old town of Hoi An in neighbouring Quang Nam Province.

Da Nang will also seek to attract investment for Lien Chieu Port, the project to relocate the Da Nang Railway Station, the Lien Chieu Port logistical centre, and Da Nang Airport.

Cultural, sports construction projects seek city’s approval

The Department of Culture and Sport of HCMC has submitted construction projects of cultural and sport works and solutions to solve problems in this area to the municipal People’s Committee.

Accordingly, public investment projects include the building of Phu Tho Horse Racing Ground, land allocation of the HCMC Multi-Cultural Center in Can Gio District, rebuilding HCMC Cultural Center, handing over land to the expansion of the Ho Chi Minh Museum – HCM City branch, the property right over land to upgrade the HCM City Culture and Arts College in HCMC.

Regarding to socialized projects, the department has made suggestions on land allocation for Phan Dinh Phung Sports Center; delegating The Housing Management and Construction Inspection Center (HMCIC) of the HCMC Department of Construction and functional units to complete procedures to refund to Bong Sen Yamachi Co,. Ltd; asking the HMCIC to hand over the building at No.99 on Pasteur Street in District 1 to the Department.

The Department of Culture and Sport has also proposed for an approval on expenditure allocation for Sports nutrition.

Quang Nam to expand habitat of grey-shanked douc langur

Efforts are being made toward a goal of expanding the habitat of the grey-shanked douc langur in central Quang Nam province’s Nui Thanh district to 150ha by 2030.

The goal is set in a local project to preserve the endangered grey-shanked douc langurs.

A study conducted in October last year by GreenViet, a non-profit organization, showed that natural forests on 30ha in Nui Thanh’s mountains are home to six families of grey-shanked douc langurs with a total 68 individuals. This is the sole visible population in the world.

According to Vice Chairman of the district People’s Committee Ngo Duc An, the current priorities are to implement strict protection over the natural forest and restore 30ha of native plants to ensure food supplies and living conditions for the endangered creature.

The project worth more than 64 billion VND (2.78 million USD) will work to tranform 60 ha of production forest into special-use forest and establish a natural reserve for the langur in Nui Thanh’s Tam My Tay commune.

According to the project, all fields are still owned by locals thus suitable regulations will be built to ensure the rights, interests and responsibilities of people involved, with special attention paid to growing large trees and native plants to create a habitat for the langur as well as a natural ecosystem for ecotourism. As such, the conflict between human’s livelihoods and endangered fauna and flora’s habitats will be eased.

Chairman of the Quang Nam People’s Committee Le Tri Thanh said the expansion of habitats and diversification of food sources for rare species are an urgent but long-term work.

Quang Nam is determined not to let economic development make strong impact on or cause the loss of these precious animals, he underscored.

By 2025, Quang Nam authorities are trying to change at least 150 ha of production forest to special-use forest and cultivate native plants to ensure sustainable food supplies and living conditions for the grey-shanked douc langurs in Nui Thanh, according to the official./.

Over 5,000 runners to compete in Tien Phong Newspaper Marathon

More than 5,000 runners from 50 delegations across the country are expected to join in the 62nd Tien Phong Newspaper Marathon, slated for March 27-28 in the Central Highlands province of Gia Lai.

They comprises 500 professional and 4,500 amateur athletes who will compete in 5km, 10km, 21km and 42km categories, according to the Vietnam Sports Administration under the Ministry of Culture, Sports and Tourism.

Organisers said as of early March 2021, over 4,000 athletes had registered for the event.

The tournament is expected to help promote the image, culture and people of Gia Lai to domestic and foreign friends.

To ensure the success of the event, provincial leaders asked relevant units to quickly devise a detailed scenario, and assign tasks to departments, agencies and localities.

How to organise the tournament safely amidst the complex developments of the COVID-19 pandemic is a top priority, the organisers said. /.

Preparations underway for first phase of clinical trials for Covivac vaccine

The Institute of Vaccines and Medical Biologicals (IVAC), working in co-ordination with the Hanoi Medical University, has prepared training ahead of the first phase of clinical trials to test the effectiveness of the home-grown Covivac vaccine for the novel coronavirus (COVID-19) in mid-March.

Ahead of the trials, Hanoi Medical University has prepared all necessary facilities for vaccine injections, volunteer monitoring, and emergency aid.

The representative from the Hanoi Medical University stated that the clinical trial area will be located on the third floor of the university’s dormitory, while all accommodation, medicines, and equipment for human trials has been prepared in line with standards set out by the Ministry of Health.

According to the schedule, volunteers will remain at the clinical trial area for a period of 24 hours after receiving their shots and will be subject to strict health observations by the research team.

Covivac is a homegrown vaccine that has been researched and developed by IVAC. Indeed, it will be the nation’s second COVID-19 vaccine to be clinically tested on humans.

The first shot of Covivac vaccine in the first phase of clinical trials will be given to volunteers by mid-March. According to the initial assessment, Covivac is effective against the new SARS-CoV-2 strain detected in the UK and South Africa. Moving forward, IVAC plans to offer the Covivac vaccine at a price of VND60,000 per dose.

Meanwhile, as the first domestically-produced COVID-19 vaccine, Nanocovax, developed by Nanogen Pharmaceutical Biotechnology JSC, has now moved onto its second phase of human trials.

At present, another local vaccine researcher named the Vaccine and Biological Production Company (Vabiotech) is in the process of preparing to submit documents to participate in clinical trials.

Forum held to engage men in promoting gender equality

A national forum titled ‘Engaging Men and Boys in the Promotion of Gender Equality and the Elimination of Gender-based Violence’ was held in Hà Nội on Tuesday with 200 delegates participating both online and in-person.

The forum was held by UN Women in Việt Nam, the Institute for Social Development Studies (ISDS), and the Network for the Prevention of and Response to Gender Violence (GBVNet), with financial support from the Australian government.

It offered an opportunity for organisations, groups and men’s clubs in Việt Nam to introduce and share lessons, experiences and challenges in mobilising the participation of men in promoting gender equality as well as preventing and responding to violence against women and children.

Delegates at the forum agreed to establish a network of men and boys participating in the promotion of gender equality and the elimination of gender-based violence in Việt Nam.

In his address, UN Resident Coordinator in Việt Nam Kamal Malhotra expressed his appreciation for the initiative.

“With the active participation of men and women, I believe the process of achieving the gender equality goals in the Sustainable Development Agenda to 2030 will be accelerated in Viet Nam. Because everyone has to promote gender equality, for everyone’s benefit,” he said.

ISDS Deputy Director Trần Kiên said many Vietnamese men have realised that to avoid being left behind in the new era they must participate more in promoting gender equality and sharing opportunities with women.

This lies behind the establishment of a network of men and boys participating in the promotion of gender equality and the elimination of gender-based violence, Kiên added.

Elisa Fernandez Saenz, Country Representative of UN Women in Việt Nam, spoke highly of the success of men’s clubs in Đà Nẵng and HCM City and welcomed the initiative to set up the network.

She expressed a belief that the network will spread positive attitudes about masculinity, change rigid gender norms and help men ease the pressure caused by these norms and engage them in activities to promote gender equality and combat gender-based violence in Việt Nam.

Việt Nam’s COVID-19 vaccination drive likely to begin next week: Health official

Việt Nam’s COVID-19 vaccination will begin right after the health ministry receives an accreditation certificate from the Republic of Korea (RoK) for the COVID-19 vaccine batch that arrived on February 24, which is due later this week or early next week.

Deputy Minister of Health Trương Quốc Cường made the announcement at the Government’s regular press conference in Hà Nội on Tuesday, in response to questions over vaccination progress after the first 117,600 doses of Oxford/AstraZeneca, manufactured in RoK, bought commercially via Việt Nam Vaccine Company (VNVC), had arrived in Việt Nam.

The Ministry of Health has assigned the National Institute for Control of Vaccine and Biologicals to verify the batch, which has been basically completed. It is now waiting for an accreditation certificate from the RoK before health authorities can begin inoculations.

According to the official, the vaccination effort is in line with the Government’s Resolution No. 21/NQ-CP on the purchase and use of COVID-19 vaccines, which details nine priority groups for free inoculations – including frontline workers (medical staff, public security and military officers, workers directly involved in the pandemic efforts; customers officers, diplomats sent overseas on official missions; teachers and front-facing public administrative offices; essential service workers; elders above 65 years old, people in outbreak regions; the poor; among others).

Besides these groups, pandemic-hit localities will also be prioritised and the northern province of Hải Dương, the epicentre of the current community outbreaks that have logged nearly 700 COVID-19 cases to date, will be one of the first provinces and cities to get access to the vaccine.

According to the Resolution, individuals and organisations are also encouraged to voluntarily pay for vaccine shots.

When more vaccines are readily available, the Government is ready to expand inoculation for all having demand to achieve community immunisation.

As scheduled, another batch of Oxford/AstraZeneca vaccine along with vaccines from COVAX Facility will be delivered in late April. The ministry has prepared infrastructure and resources for storage and vaccination, Cường said.

St. Petersburg hosts virtual travel forum with Vietnam

On March 3, the administration of Russia’s St. Petersburg City virtually held the second international travel forum with Vietnam to boost tourism between the two sides.

Vice Director of the Vietnam National Administration of Tourism Nguyen Le Phuc welcomed the event, saying that the forum will help boost confidence and recovery of tourism between the two countries following the unprecedented challenges posed to international travel by the COVID-19 pandemic.

Demyan O. Smilevets, head of the Russian Federal Agency for Tourism’s Department for International Cooperation, said Vietnam remains a popular destination among Russian tourists. According to Russia’s Federal State Statistics Service, about 572,000 Russians visited Vietnam in 2019, up 8% from the previous year while the number of Vietnamese visitors to Russia rose by 9% year-on-year to 59,000.

Russia sees Vietnam as a promising market because of the friendship between the two countries’ people, he said.

He noted that Russia has started issuing e-visas for Vietnamese citizens since January 1, 2021, with Vietnamese visitors allowed to stay in Russia for 16 days. But due to COVID-19, the new policy has yet to come to reality, he said.

He urged travel agencies from both countries to work together to promote safety and convenience to attract more visitors.

Meanwhile, according to Deputy Chairman of the Committee for Tourism of St. Petersburg Nana M. Gvichia, the number of Vietnamese visitors to the Russian city was only paid 25,000 in 2019 and it is relatively small compared to Vietnam’s population of 100 million.

She vowed that St. Petersburg will do its utmost to ensure safety for all visitors in the face of COVID-19.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

Filed Under: Uncategorized Vietnam breaking news, Vietnam news, Vietnam latest news, last week news headlines, almeria news headlines, english news headline, aaj tak english news headlines, ethiopian news headlines, the nation news headlines, state news headlines, georgia state news headlines, news headlines news headlines, news headlines breaking news, cnn news headline news, cnn world news headlines and breaking news

Vietnam crude oil and natural gas production face downside risks on Covid-19

April 2, 2020 by hanoitimes.vn

The Hanoitimes – Overall crude oil and natural gas production in Vietnam may suffer year-on-year declines of 5% and 1%, respectively, in 2020.

Vietnam’s crude oil and natural gas production face downside risks, in light of a double-whammy of global oil price collapse and sluggish demand due to continued spread of the Covid-19 pandemic, according to Fitch Solutions.

Vietnam – Crude Oil & Natural Gas Production.

As of March 31, benchmark Brent had lost almost 60% of its value since the start of 2020. This has occurred next to an apparent price war between Saudi Arabia and Russia, in the aftermath of failed OPEC+ talks in March, and global demand fears created by the Covid-19 pandemic.

This has triggered widespread reactions from across the globe as oil and gas firms announced significant capex cuts, reduced output targets and other cost cutting measures, in order to ride out the downturn. By comparison, responses from Asia’s national oil companies (NOCs) have been more measured, although many have indicated that they are closely monitoring the situation.

Vietnam’s state-owned oil producer PetroVietnam (PVN) has yet to commit to any spending cuts. However, the state-owned enterprise (SOE) did concede through an official statement, that its 2020 revenues are likely to be halved, due to the drop-off in crude and losses incurred from some ongoing projects as a result. The SOE is also believed to have ordered its subsidiaries to prepare business scenarios for different oil price levels, as it contemplates the likelihood of a protracted downturn in prices. Such a scenario would be highly negative for PVN’s upstream portfolio, which mostly comprises of joint-ventures (JVs) with foreign entities in offshore and mature producing areas.

According to industry sources, PVN’s breakeven cost per barrel is believed to be in the region of US$51/bbl, far above the US$36.3/bbl averaged in March and also above the US$43/bbl that Brent is expected to average in 2020, according to Fitch’s forecast. This risks most of the SOE’s existing output, while Fitch predicted overall crude oil and natural gas production in Vietnam may suffer year-on-year declines of 5% and 1%, respectively, in 2020.

Capital spending cuts and FID delays inevitable

Capital spending cuts and foreign indirect investment (FID) delays appear inevitable, as upstream operators come to grips with a lower oil price environment and sluggish demand.

% Stake In Selected Upstream Projects (LHS) & % Share Of Total Oil, Gas Production (RHS).

Many of Vietnam’s largest oil and gas fields boast large foreign ownership. For many of these firms, upstream plays in higher-risk emerging markets such as Vietnam, are outside of their core portfolio, and as such, budgeted spend in Vietnam have potential to be among the first to go, in the event of any capex cuts.

Indeed, a breakdown of ownership across nine select upstream developments (including those in the pre-FID phase) shows that apart from the Dai Hung field – output contribution from which is small – and Block B project, the remaining seven projects boast at least 50% foreign ownership. A large number of foreign firms operating in Vietnam are NOCs, and while this could see activities within the sector prove more resilient in the face of elevated headwinds, anecdotal evidences point to a gradual, cautious turn in sentiment.

For instance, in March 2020, Zarubezhneft participated in discussions with other Russian oil companies and Energy Minister Alexander Novak, which reportedly ruled out output increase in the near-term due to weak demand in light of the Covid-19 pandemic. Thailand’s PTT has not revised its capex plans for 2020 and subsequent years, although has urged the government to release barrels in strategic storage, so as to stave off first quarter losses due to a drop in prices.

Delays of FIDs that were initially slated for 2020 also appear increasingly inevitable, and pose risks to our medium-term output growth projections for Vietnam, as drilling activities and major contract awards are postponed. In March 2020, Jadestone Energy put developments of the Nam Du and U Minh gas fields on hold, in order to maintain its balance sheet.

Other projects at risk of facing delays include Block B and Ca Voi Xanh. The two projects are expected to require combined capital input of about US$15 billion. Output from both could climb to a peak of about 15 billion cubic meters, equivalent to 1.5 times Vietnam’s total gas production in 2019.

Contraction in refined fuels consumption

Additionally, Fitch also revised down its demand growth projections for Vietnam, to reflect reduced demand in light of Covid-19. As a result, refined fuels consumption is expected to contract by 1% in 2020, down from previous forecast for 3% expansion. The severity of reported Covid-19 spread in Vietnam has been moderate relative to larger regional peers, although this has proven insufficient to prevent a precipitation in domestic demand. Indeed, PVN’s domestic refined fuel sales registered a year-on-year decline of some 30% over the first two months of the year, mainly due to the implementation of early containment measures– since December 2019 – and subsequent collapse in travelling demand.

Vietnam – Refined Fuels Consumption & % chg y-o-y.

Given the concentration of containment measures in limiting aviation traffic flows, the most pronounced impact will continue to be felt in jet fuel, particularly as Vietnam is expected to deepen travel restrictions in order to curb the growing number of imported cases. Extension of visa restrictions onto arrivals from Europe and North America, on top of measures already in place for Asia-Pacific countries, for instance, would weigh heavily on jet fuel demand in the second quarter.

Outside of jet fuel, diesel demand is also expected to endure heavy hits over the first half of 2020, mirroring the slowdowns in industries, notably manufacturing, due to the sector’s large exposure to raw materials from China and a drop-off in regional export demand. Indeed, according to official statistics, growth in manufacturing output is shown to have slowed to 7.4% year-on-year over the January-February period, compared with growth of 11.4% year-on-year in the same period in the previous year.

Filed Under: Uncategorized Covid-19, coronavirus, ncov, pandemic, crude oil, gas production, PVN, PetroVietnam, OPEC, Oil and Natural Gas Corp, Oil and Natural Gas Corporation, natural gas production, Oil and Natural Gas Industry, Oil and Natural Gas Companies, Oil and Natural Gas Corporation Ltd, Oil and Gas Production, Oil Natural Gas Corporation Ltd, oil and gas products, crude oil production, True Nature Botanicals Pacific Face Oil, crude oil and gas

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