Nguyen Minh Trang, director of transportation firm Delta, said drivers have to get tested once every two days to meet the requirements of many localities. The cost of a polymerase chain reaction (PCR) test for a pooled sample is VND200,000 ($8.78) per person, and that for a single test is VND700,000-800,000 per sample, depending on each medical facility. This firm spends VND300 million for PCR testing for nearly 150 drivers per month. The cost doubles with long routes running for 4-5 days. "Businesses will be less burdened if they can test themselves for the virus," Trang said. Hanh Phuc, a woodworks company in Dong Nai Province, has kept workers on site since July to keep production going. It has maintained production with 300 workers instead of the usual 650. "In less than two months, we’ve had to do 1,600 tests for 300 workers. On average, each person has to be tested three times a month," said Le Xuan Tan, a director of the company. Similarly, the My Lan Group in Tra … [Read more...] about Local firms groan under burden of Covid testing costs
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The digitalisation and technological transformation are speeded up during the COVID-19 pandemic. (Source: VNA) Hanoi (VNS/VNA) - The COVID-19 pandemic does not slow down technological transformation or digitisation, but in fact speeds them up, companies said. Speaking to Vietnam News , Angus Liew, General Director of Gamuda Land Ho Chi Minh City, said: “ Digitisation is the future of mankind, not only for real estate but also for all other business sectors, and people’s lifestyles as well. It’s an irreversible trend. Nowadays we can see everyone is talking about AI, industry 4.0, etc.” Technology was the backbone nowadays and governed every aspect of doing business, from operational systems to mechanisms to interact with customers. His company had put a lot of efforts and resources into developing technology and innovation. “ Technological transformation is one of our top priorities,” he said. Soon, possibly in the first quarter of 2022, Gamuda Land Vietnam … [Read more...] about Pandemic speeds up digitisation, technology transformation
Could you shed some light on the impact of the pandemic on the operations of Japanese companies in Vietnam? Hirai Shinji, chief representative of the Japan Trade Promotion Organization in Ho Chi Minh City It is true there are some Japanese companies that suspended their operations in Vietnam due to COVID-19, but it is difficult to identify how many companies have been under suspension. The situation is very dynamic, so it seems that even the management company of an industrial park is not fully aware of the current situation of its tenants. In some provinces, factories are operating under the stay-at-work model, ready to expand their operations if local authorities approve commuting again. In another province, suspended factories are waiting for inspections by the authorities before resuming operations. Some foreign companies have relocated their orders from Vietnam to other countries to ensure their delivery schedules are met. Do you observe a similar trend … [Read more...] about Predictability the top goal for Japanese groups in Vietnam
After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam? On September 21, The Sherpa, a subsidiary of Masan Group Corporation, announced an investment of $13 million to acquire a 70-per-cent stake in mobile virtual network operator (MVNO) Mobicast and officially expand to the telecommunications sector. This is Masan's first step into the digital services sector. Mobicast's services target tech-savvy customers with great demand for data usage and digital lifestyle. As a result, the startup can help Masan to complete its offline-to-online offerings of necessities and financial services. An MVNO offers a fast and cost-efficient system to build transmission and reception network infrastructure. Besides this, an MVNO is considered a catalyst for competition in the mobile telecommunications market. MVNO players will develop value-added services on mobile devices, helping to improve quality and diversify experiences. It is estimated that necessities … [Read more...] about After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam?
Hanoi needs to find solutions to prevent the coronavirus from spreading and causing overloading of the healthcare system. Hanoi has reported 3,922 Covid-19 patients in the fourth wave, including 1,597 cases found in the community and 2,325 in isolated areas. After a long social distancing period, about two third of districts in Hanoi are considered green zones which are allowed to return to the ‘new normal’. The municipal authorities allowed a number of business and service establishments to resume operation on September 16. Nguyen Viet Hung, vice president of the Hanoi Association for Infection Control, said Hanoi has been doing well in fighting the pandemic. Previously, the city reported 100 cases a day, but there are now below 20 cases a day, mostly found in isolated areas. One of the most impressive achievements is that Hanoi is running the largest vaccination campaign in history. Most people aged 18 and over have had at least one shot. “The results of the fight … [Read more...] about Hanoi mulls solutions to stay safe when social distancing rules end