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Gov’t orders HCM City to strengthen COVID preventive measures as 25 more test positive

February 8, 2021 by vietnamnews.vn

 

HCM City’s District 2 Hospital takes samples from staff for testing for Covid-19. Photo courtesy of the hospital 

HCM CITY — HCM City should immediately zone, trace and end transmission of the new coronavirus through Tân Sơn Nhất Airport, Minister of Health Nguyễn Thanh Long told the city’s Steering Committee for COVID-19 Prevention and Control on Monday.

HCM City has recently recorded five community cases, all being baggage handlers at Tân Sơn Nhất International Airport. On Monday the HCM City Centre for Disease Control and Prevention also announced that 25 of their close contacts have tested positive for the virus and are awaiting Health Ministry confirmation as Covid-19 patients.

All patients are now being treated at Củ Chi Field Hospital.

Long said with the patients working in the airport’s cargo area, they might have contracted the disease earlier without being detected.

Though not in contact with passengers, the number of people in the community they have contact with is high, and so the city could have more people testing positive soon, he warned.

Authorities should take more drastic and quicker action to isolate the breakout, he said.

He also instructed them to quickly zone all areas with cases, test widely and precisely identify areas to lock down to reduce the effect on people living elsewhere.

They should conduct pooled‐sample testing for families in areas under lockdown, and take families in which someone tests positive to quarantine areas for a second test, he said.  

He instructed the city’s Pasteur Institute to increase its testing capacity to 5,000 a day.

City People’s Committee Chairman Nguyễn Thành Phong admitted the situation is very uncertain.

He instructed relevant authorities to investigate how the outbreak began to carry out effective preventive measures.

Asked about festivals to be held during the Tết holidays, he said organisers should limit attendees or cancel them if they could not ensure compliance with prevention rules.

Districts people’s committees chairpersons should carry out drastic prevention measures, he said.

Since January 28 the city has locked down several areas in districts 1, Bình Thạnh, Gò Vấp, Bình Tân, and 12.

IT application

Many Vietnamese companies have developed IT applications for COVID-19 prevention and control and online learning during the pandemic.

Since early 2020 Quang Trung Software City has been using an automatic body temperature measurement system it installed at TMA Building and Building 1.

It warns using sound and images when someone walks in with a fever of 37.5 degree Celsius or more.

It said the system should be used at all buildings and quarantine areas in place of people carrying digital thermometers to reduce the risk of transmission.

QTSC has also developed a system for face identification, which sets off an alarm if someone not wearing a mask enters a building.

QTSC has integrated the functions of face identification and temperature measurement in a system it instals for a rent of VNĐ3.5 million (US$151) monthly or sells at VNĐ35-70 million ($1,511- 3,023).  

Bkav Electronic Joint Stock Company developed the Bluezone application to warn smartphone coming in close contact with diagnosed COVID-19 patients. The app has been downloaded by 27 million people, according to Ministry of Health.

The company is collaborating with relevant agencies in the healthcare sector to constantly update information about the location of COVID-19 patients or those suspected to be infected and those from disease-hit areas with symptoms like fever, cough and breathing difficulties.

It also provides the addresses and phone numbers of the nearest health facilities and offers counselling on the disease and health declaration requirements.

Việt Nam Posts and Telecommunications Group (VNPT), the Ministry of Health, Ministry of Information and Communications and IT companies have jointly developed an NCOVI application for health declaration.

VNPT also developed an e-learning app used during the COVID-19 outbreaks that helps teachers digitise their syllabus, set up electronic lesson plans, track students’ learning, know their attendance, and test them.

It automatically shows what is wrong when students do tests.

Besides, parents can get their children’s learning history to supervise.   

Other companies such as FPT and Viettel have also developed e-learning apps.

According to Minister of Information and Communications Nguyễn Mạnh Hùng, 38 Vietnamese-made digital platforms including NCOVI, Bluezone and e-learning and telemedicine ones have been used.

The country is probably among the ones with the highest number of digital platforms in the world, he added. — VNS

Filed Under: Viet Nam News Tân Sơn Nhất, patients, test, COVID-19, Vietnam News, Politics, Business, Economy, Society, Life, Sports, Environment, Your Say, English Through the News, Magazine, vietnam war, current news, Vietnamese to english, tin viet nam, latest news today, english, preventive measures of water pollution, preventive measures of whooping cough, prevention measures for breast cancer, prevention measures for malaria, pregnancy 25 weeks baby position, preventative measures definition, preventative measures for lice, preventative measures for malaria, flood prevention measures, swine flu preventive measures, negative urine test positive blood test, map of hcm city

HoSE considers suspending amendment and cancellation orders while trading

March 6, 2021 by vietnamnews.vn

Investors at the Hồ Chí Minh Stock Exchange. HoSE said it would listen to all feedback from investors regarding new solutions. VNA/VNS Photo Hứa Chung

HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) is considering stopping the allowance of order amendments or cancellations during trading activities to reduce system overloads which have troubled traders recently, the bourse said.

The proportion of amendment and cancellation orders has tended to increase. If these orders are stopped, the liquidity on HoSE will be eased by 30 per cent. This solution can be implemented immediately without any technical intervention, said HoSE.

HoSE said that this solution had certain impacts on investors’ behaviour as they will consider carefully before placing buy and sell orders. Algorithmic trading orders will be harder to execute due to the higher risk. At the same time, split spread orders will also be reduced.

However, according to the general manager of a securities company, the suspension of cancellation and amendment orders can be applied theoretically, but in terms of service and experience, it will not be really applicable.

“Even at banks, when customers write incorrect payment orders, they can still leave and re-correct,” he said.

An individual investor said that in case this solution is applied, if the order is placed wrongly, trading may become troublesome because it cannot be modified.

“We have to watch the electronic board all day if we want to trade because it is impossible to predict market movements during the session,” he said.

HoSE said it would listen to all feedback from investors regarding this new solution.

According to HoSE, in January 2020, the total number of amendment and cancellation orders on the bourse reached nearly 770,000 out of a total of more than 2.7 million orders, equivalent to an average of more than 45,000 cancel orders among over 160,900 orders per day.

Thus, the number of amendment and cancellation orders accounted for more than 28 per cent of the total trading orders. The number of trading days per month fluctuates from 15 to 23 depending on national holidays.

In June 2020, there were nearly 2.6 million amendment and cancellation orders out of a total 8.4 million transaction orders, accounting for 31 per cent.

In December 2020, the number of amendment and cancellation orders soared to nearly 4.4 million out of a total 13.9 million transaction orders, accounting for 31.76 per cent.

In February this year, although there were only 15 trading sessions, there were still more than 3 million amendment and cancellation orders, out of a total of nearly 9.1 million transaction orders, accounting for 33.05 per cent.

System overloads took place before and after the Tết (Lunar New Year) holiday when liquidity suddenly increased to about VNĐ14-17 trillion (US$600-$730 million) per session, affecting many investors’ trading.

The sudden increase in liquidity recently is unpredictable, causing undesired interruptions in trading, said Lê Hải Trà, Chairman of the Board of Members of HoSE.

To tackle this issue, the State Securities Commission said it was speeding up the implementation of a new information technology system for the entire stock market, known as KRX.

However, due to the impact of the COVID-19 pandemic, the implementation of the new system was delayed and if the disease progresses, it will be difficult to continue the plan.

In another move to ease system overload, the State Securities Commission has instructed the transfer of transactions of listed shares from the Hồ Chí Minh City Stock Exchange to the Hà Nội Stock Exchange.

However, so far, no companies listed on HoSE have volunteered to switch trading to the HNX. — VNS

Filed Under: Uncategorized Vietnam News, Politics, Business, Economy, Society, Life, Sports, Environment, Your Say, English Through the News, Magazine, vietnam war, current news, ...

Administrative reform remains core in Vietnam gov’t drive for 5%-GDP growth

May 27, 2020 by hanoitimes.vn

The Hanoitimes – An expert suggested local authorities take the pro-active approach to review and streamline the approval process for foreign-invested projects in order to attract the next FDI wave.

A stronger push for the administrative reform, among other solutions, would help Vietnam achieve a 5% GDP growth rate for this year, significantly higher than the 2.7% estimation of the International Monetary Fund (IMF) for Vietnam, according to Mai Tien Dung, minister-chairman of the Government Office.

Overview of the conference. Photo: VGP.

“The government is moving towards digital transformation with paperless office,” Dung informed at a conference discussing measures to help the business community recover from the Covid-19 pandemic on May 26.

Dung noted the national public service portal, after being launched five months ago, has so far integrated 408 public online services, of which 170 are for citizens and 238 for enterprises.

According to Dung, the portal has received 39 million visitors, 150,000 registered accounts and nearly 8.5 million documents have been processed.

Minister of the Governmetn Office Mai Tien Dung expected administrative reform to help Vietnam achieve the 5%-GDP growth target. Photo: VGP.

Since May 12, the portal has been integrated with six additional public services to better support people and the business community, Dung added.

“Public online services are estimated to save nearly 18 milion working days per year,  equivalent to VND6.49 trillion (US$298 million),” Dung stressed.

Economist Can Van Luc backed Dung’s view that a 5% GDP growth target is feasible, for which one of the main pillars is administrative reform.

According to Luc, such a reform would help free up the resources of people and businesses from complying with unnecessary procedures, while creating a healthy and efficient business environment

Moreover, a stronger administrative reform could reduce the state’s overseeing costs as well as compliance costs of people and businesses, Luc said, adding there are also opportunity costs, or expenses arising from the asking-approving mechanism that could be significantly reduced thanks to the efforts.

Fred Burke, a representative of the American Chamber of Commerce (AmCham), urged the government to continue building a robust online application system.

Burke expected the authorities to take the pro-active approach to review and streamline the approval process for foreign-invested projects in order to attract the next FDI wave into Vietnam.

He raised the issue that major shources of FDI such as the US, UK, EU, Japan, Singapore, Hong Kong, are still under lockdown, and obtaining legalized documents and wet signatures from these countries have become a challenge. As a result, this has delayed submissions in Vietnam for two months on average.

While this is not Vietnam’s problem, it has become a huge problem for foreign investors and foreign invested companies in Vietnam due to the fact that Vietnamese administrative authorities are not flexible to waive or simplify these administrative formalities, Burke added.

In addition to that, different authorities responsible for various aspects of the licensing procedures do not have a sufficient central database or a streamlined method for communication among them. The authorities still communicate with each other through post services, and physical mail exchange between provinces can take up to one to two weeks during the Covid-19 pandemic.

Last but not least, the provincial administrative authorities have adopted the approach of obtaining in-principle written approvals from various ministries prior to granting Investment License, which can prolong approval for a project to four to six months, or even longer, Burke asserted.

Filed Under: Uncategorized Vietnam, administrative reform, Covid-19, coronavirus, ncov, pandemic, FDI, GDP, Amcham, Mai Tien Dung, q1 2019 gdp growth, reagan era gdp growth, 2nd quarter gdp growth, 2nd quarter gdp growth 2018, 2nd quarter 2018 us gdp growth, 2nd quarter 2018 gdp growth, 2019 q1 gdp growth, historical u.s. gdp growth, 1q2019 gdp growth, gdp growth 2018 europe, 2nd administrative reforms commission, productivity declines when population growth exceeds real gdp growth

City to meet yearly budget revenue targets set by Gov’t

March 4, 2021 by vietnamnews.vn

Reporters at the HCM City Press Centre on Tuesday cover an online Government meeting. — VNS Photo Bồ Xuân Hiệp

HCM CITY — HCM City is likely to meet the year’s target for budget revenue of VNĐ365 trillion (US$15.86 billion) assigned by the central government, a city official said at an online Government meeting on Tuesday.

Võ Văn Hoan, vice chairman of the city People’s Committee, said in the first two months, on average the city collected VNĐ2.9 trillion each day, which was higher than the average daily revenue.

In January, the city collected VNĐ40 trillion, up 2.9 per cent year-on-year, he added.

To date it has collected VNĐ74,500 billion, accounting for more than 20 per cent of the year’s target, up 10.5 per cent year-on-year.

The Tax Department aims to collect at least 25 per cent of the yearly budget revenue target in the first quarter.

The city’s retail sales of goods and services increased by 4.7 per cent, while industrial production went up 6 per cent in the first two months.

The city’s exports reached $8 billion, a rise of 25 per cent year-on-year (three major exports with increased revenues are fertilisers, plastic materials and auto spare parts).

More than 3,800 enterprises resumed operation in the first two months (up 3 per cent year-on-year). Some 700 enterprises completed dissolution procedures in the period (down 14.5 per cent year-on-year).

However, the service sector, especially tourism and accommodations, which accounts for more than 60 per cent of the city’s total budget revenue, has been hit hardest.

Tourism revenues decreased by 70 per cent with accommodation services dropping by 14 per cent. The outbreak has caused a significant decline in international visitors to the country, according to Hoan.

For pandemic prevention, the city has contained the infection hotspot at Tân Sơn Nhất international airport with 36 cases recorded since the end of January. The city has gone 20 days without any locally transmitted infections, he said.

Some non-essential services have gradually reopened. Students returned to school on March 1.

The city has ordered individuals and organisations to continue to strictly implement precautions against the virus.

“The city is always ready for the worst pandemic scenario,” he said.

Tasks for 2021

The city will continue to complete its dual goal of economic development and protection against the pandemic, according to Hoan.

It plans to develop more solutions to support enterprises and residents affected by the COVID-19 pandemic as part of its effort to revive business activities.

The city will also promote domestic tourism and strengthen linkages with other provinces.

It will continue to promote e-commerce, online businesses, non-cash payments for a digital economy, start-up creation and technological innovation, and commercialisation of research products. — VNS

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Biden targets Trump’s Middle East legacy

January 29, 2021 by www.vir.com.vn

biden targets trumps middle east legacy
US President Joe Biden prepares to sign executive orders on affordable healthcare in the Oval Office of the White House in Washington, DC, on January 28, 2021. The orders include reopening enrollment in the federal Affordable Care Act.(MANDEL NGAN / AFP)

From unexpected normalisation deals with Israel, to a “maximum pressure” campaign on rival Iran, the businessman-turned-president changed the face of the Middle East.

His close relations with autocratic heads of states and wealthy Gulf monarchies also personalised Washington’s approach towards the strategic region which hosts thousands of US troops.

Joe Biden promised to change all that.

In less than 10 days in the White House, the new president has already erased some of his predecessor’s signature moves, but analysts say many of the flurry of deals struck in the last weeks of the administration won’t — or shouldn’t — be easily overturned.

Here is a look at what is at stake for Trump’s Middle East legacy:

– ‘Ping-ponging’ Iran –

On his first full day on the job, Secretary of State Antony Blinken confirmed the Biden administration wants to return to the 2015 nuclear deal trashed by Trump — but said it would only happen once Iran resumes its commitments.

Tehran has meanwhile called on Washington to first unconditionally lift sanctions, effectively dismantling the pressure campaign.

Observers say this ping-pong process exemplifies the difficulty in extricating the US from Trump policies.

“The more the administration pursues the Iranians, the more the Iranians will pull back, in a bid to increase their leverage. Yet, the more the US pulls back, the more the Iranians will try to force the US to engage,” said Jon B. Alterman from the Center for Strategic and International Studies.

“We should not expect an easy return to negotiations, whatever the Biden team wants, and we should not anticipate that a supposedly wounded Iran will capitulate. Instead, we should anticipate a drawn-out process punctuated by crisis.”

– Arms sales –

In a regional game-changer, the US last year agreed to sell more than $23 billion worth of top-of-the-line F-35 fighter jets and drones to the United Arab Emirates, to reward its diplomatic recognition of Israel.

Trump also backed arms sales to Saudi Arabia, despite lawmakers’ objections which were centred on the kingdom’s poor human rights record.

The Biden administration has said it is “temporarily” freezing the deals “to allow incoming leadership an opportunity to review”.

Experts say a halt would raise questions about a potential impact on the normalisation deal with Israel, which Trump saw as a key foreign policy achievement.

– Israel ties –

Trump’s term saw a flurry of normalisation deals between four Arab states and Israel. Most however were built on diplomatic quid pro quos, which makes them vulnerable in the Biden era.

Morocco’s accord struck in December saw the US back its rule over disputed Western Sahara. Despite hailing the peace deals, Biden has not committed to maintaining the recognition in the region, where tensions have simmered since the 1970s.

For its part, Sudan signed the deal less than a month after the US removed it from its “state sponsors of terrorism” blacklist.

The Biden administration should not jeopardise these agreements and should “forge even more”, said Dennis Ross and Juan Zarate in an article for the Washington Institute.

“Although the instinct to make dramatic changes is understandable and sometimes correct, certain elements of Trump policy provide good opportunities for furthering Arab-Israel engagement.”

– Bridging the Gulf –

After a three-year diplomatic row between a Riyadh-led quartet and Qatar that veered from frosty to furious, Gulf leaders met in Saudi Arabia two weeks before Trump’s exit and agreed to restore relations.

Washington had intensified pressure for a resolution, insisting Gulf unity is necessary to isolate Iran.

However, the accelerated agreement failed to address any of the quartet’s conditions to restore relations with Doha, which was accused of being too close to Tehran and financing extremists.

As a result, “intra-Gulf rivalries could continue to stoke conflicts and political tensions in the Middle East and Africa,” said Elham Fakhro of the International Crisis Group.

– Yemen’s fate –

Trump’s administration designated the Iran-backed Yemen Huthi rebels as a terrorist organisation just one day before Biden’s inauguration, a move that raised fears it could jeopardise aid operations and put millions of lives at risk.

Biden’s administration on Monday froze the decision for one month.

Blinken said one of his top priorities is addressing the war in Yemen, where US ally Saudi Arabia has been bombarding the Huthis since 2015.

– Travel ban –

One of Trump’s first moves was to ban access to the United States to all travellers from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen, igniting international outrage and triggering domestic court battles.

On his first day, Biden lifted the measure, enabling many Middle Eastern families to visit their relatives for the first time in four years.

AFP

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Vietnam leaders congratulate US President Biden

January 22, 2021 by hanoitimes.vn

The Hanoitimes – Vietnam believed that the relations will continue developing thanks to achievements gained over the past 25 years.

Top leaders of Vietnam have sent congratulatory messages to US President Joe Biden on the day he sworn in as the 46th president of the United States on January 20.

Mr. Biden signed a stack of executive orders and actions on immigration, climate change, COVID-19, racial equality and more. Photo: AFP/VNA

The Vietnamese top leaders believed that the US-Vietnam relations will continue developing efficiently and sustainably thanks to fruitful results gained over the past 25 years together with President Biden’s good feelings for Vietnam, said the Ministry of Foreign Affairs.

Biden won 306 Electoral College votes to Republican Donald Trump’s 232 in the election held in November 2020.

On the same day, Vice President Dang Thi Ngoc Thinh congratulated US Vice President Kamala Harris.

Earlier in December 2020, Vietnamese top leaders sent their congratulations to US President-elect Joe Biden and invited him to visit Vietnam at the earliest possible time.

The US and Vietnam relationship has been strengthened with bilateral trade increasing from US$450 million in 1994 to $77 billion in 2019. The US became Vietnam’s largest export market with Vietnam being the US’ quickest growing export market.

Filed Under: Uncategorized Vietnam leaders, Congratulate, US President, electoral vote, why does vietnam have a president and prime minister, vietnam who was president, vietnam elects communist party leader as president, biden for president 2020, biden president obama vice president, biden running for president, biden running for president 2020, biden vietnam, biden 2020 president, congratulations president elect quotes, anti communist in south vietnam leader, n vietnam leaders

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