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The Consumer Price Index ( CPI ) rose 1.47 percent year-on-year in the first half of 2021. (Photo: VietnamPlus) Hanoi (VNA) – The Consumer Price Index (CPI) rose 1.47 percent year-on-year in the first half of 2021, the lowest since 2016, according to the General Statistics Office (GSO). The June index edged up 0.19 percent month-on-month, 1.62 percent against last December and 2.41 percent year-on-year. The rise is largely due to increases in the prices of input materials, fuels, electricity and fresh water, said Nguyen Thu Oanh, director of the GSO’s Price Statistics Department. The average fuel price in the first half of this year surged 17.01 percent year-on-year, pushing the CPI up 0.61 percentage point, while rice prices grew 6.97 percent, contributing to a rise of 0.18 percentage point in the CPI. Prices of construction materials such as cement, iron, steel, and sand jumped 5.03 percent, adding 0.1 percentage point to the CPI. In contrast, H1 prices of food …

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Of these, 17 new cases were linked to the Hanoi Lung Hospital, bringing the total confirmed cases at the hospital to 27. The rest were found in Bac Tu Liem (1), Dan Phuong (2), Dong Anh (1), Dong Da (2), Gia Lam (1), Ha Dong (1), Hai Ba Trung (1), Hoai Duc (1), Hoan Kiem (1), Hoang Mai (5), Long Bien (2), Phu Xuyen (3), Quoc Oai (1) and Ung Hoa (2). Among them, three cases were in connection with a cluster at 90 Nguyen Khuyen, Dong Da district, two returning from Ho Chi Minh City, one related to a cluster in Hoang Mai district and one linked to a cluster in Hai Ba Trung district. Pham Huu Thuong, Director of the Ha Noi Lung Hospital, said the source of the transmissions has not been identified yet because all the patients tested negative for SARS-CoV-2 upon admitting to the hospital. Earlier, the hospital, which was locked down by the People’s Committee of Hai Ba Trung district, will remain as such for 14 days from 6pm on July 25. Hanoi has recorded 775 COVID-19 cases in the …

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Hanoi Lung Hospital is temporarily closed down after nine people in the hospital, seven patients and two medical workers, were confirmed to be positive for coronavirus. (Photo: VNA) Hanoi (VNA) – The Hanoi Lung Hospital suspended admitting patients on late night July 25 after nine people in the hospital, seven patients and two medical workers, were confirmed to be positive for coronavirus, according to Director Pham Huu Thuong. The hospital conducted screening tests after a 24-year-old woman, who had been under treatment at the hospital from July 6 – 22, tested positive with SARS-CoV-2 at another hospital on July 24. She was discharged from the Lung Hospital on June 22 in good conditions. The screening testing found 14 positive cases, with nine confirmed as of 6pm July 25, prompting the temporary closure of the hospital. The remaining cases are waiting for confirmation from Hanoi CDC. The source of infection of all the cases remains unknown, Thuong said, adding …

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People waiting in line to get vaccinated against COVID-19 in Phnom Penh, Cambodia. (Photo: Xinhua/VNA) Phnom Penh (VNA) – Cambodia ’s Ministry of Health said on July 26 that the country recorded 303 new domestic COVID-19 cases, a remarkable drop from its peak of 991 cases on June 30. However, the Southeast Asian nation had seen a significant surge in imported cases, the ministry said, adding that Cambodia found 475 imported cases on July 26. Authorities attributed the increase in imported cases to the entry of migrant workers returning from neighbouring Thailand. This has caused strain in the medical infrastructure and raised concern on the increase of community transmission of the Delta variant due to illegal entry. In a released statement by the US Embassy in Cambodia, the US will provide the Southeast Asian country with 1 million doses of Johnson & Johnson vaccine through the COVAX Facility and UNICEF in the coming time. The country is accelerating its …

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Private equity investment is ramping up in healthcare, education, and consumer-driven industries all across Vietnam Last month, private equity fund Excelsior Capital announced its first investment in health and beauty retail chain Hasaki with a plan to close another 2-3 deals in 2021. Chinh Hoang, managing partner at Excelsior Capital Vietnam Partners told VIR that the fund expects a pick-up in private equity (PE) activity this year, although the slower pace of vaccination rollout will prevent the market from achieving its pre-pandemic levels. Some sectors currently attracting PE investment include healthcare, education, consumer-driven industries, and logistics, to name a few. He noted that most businesses have suffered impairment or delays in financial performance due to the pandemic, which fundamentally impacts current valuations. Success in the development of online applications has, for some companies, prevented or mitigated value decline. “We now work with …

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Can Tho City General Hospital locked down as Covid infections found The Saigon Times A panoramic view of the Can Tho City General Hospital, which was put under lockdown due to Covid-19 cases starting today, July 26 – PHOTO: LDO HCMC – The Can Tho City General Hospital has been put on lockdown from today, July 26, as it is linked to a number of new Covid-19 infections. The city's health authority will trace direct contacts of the confirmed cases and test those coming into close contact with the cases such as medical workers, patients, caregivers, security guards and employees of the parking lot at the hospital, Bnews reported. Patients and caregivers must stay in place, file health declarations and follow anti-virus protocols. The local authorities have disinfected the affected areas of the hospital. Medical workers who were on duty on July 24 and 25 took rapid tests. RT-PCR tests will be conducted on those who test positive to confirm whether they were infected …

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Gov’t adds over VND1.5 trillion to anti-Covid-19 fund The Saigon Times Anti-virus forces on duty at a border area. The prime minister has decided to extract VND1.55 trillion from the backup State budget for 2021 to fund the fight against Covid-19 - PHOTO: VNA HCMC - The prime minister has decided to earmark VND1.55 trillion from the backup State budget for 2021 to fund the fight against Covid-19. The Ministry of National Defense will spend it on several tasks, including quarantining returnees or direct contacts of confirmed positive cases, controlling or preventing illegal entry, conducting Covid-19 tests and offering meal support and allowances to anti-virus forces during the 2021 Lunar New Year holiday. The prime minister also ordered the ministries of Finance and National Defense to assume responsibility for the use of the fund to ensure transparency and fairness, the local media reported. Earlier in late June, the prime minister allocated VND7.65 trillion to …

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Hanoi has set up 22 checkpoints at the main routes leading into the city (Photo: VNA) Hanoi (VNA) – Secretary of the Party Committee of Hanoi Dinh Tien Dung and Chairman of the municipal People’s Committee Chu Ngoc Anh on July 25 inspected traffic regulating activities of the city and gave directions on ways to prevent congestion in gateways to the capital city amid travel restrictions as part of Hanoi's social distancing measures. From 6 am on July 24, as part of efforts to implement Directive 17/CT-UBND on pandemic prevention and control measures, Hanoi has banned all vehicles from entering the city, except for vehicles serving pandemic prevention and control activities, public services, diplomatic mission, and those for transport of workers, experts and necessities, which are allowed to run on the so-called "green route". To enforce the ban, 22 checkpoints have been set up at the main routes leading into the city. At each checkpoint, the city police, in …

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With this strategic investment, FPT Software is reinforcing its service delivery capacity across the Americas With this strategic investment, FPT Software and especially its North America subsidiary FPT USA Corporation, can secure access to Intertec’s nearshore technology delivery centres in Costa Rica and Colombia and tap into Intertec’s wealth of operational experience in Latin America. This deal enables FPT Software to address its clients’ increasing demand for Agile software engineering and bridge the time zone differences between its IT professionals and customers. The investment enables Intertec to leverage FPT Software's resources, including its innovative digital products and services and its network of delivery centres worldwide, to take on larger projects from a global approach. “The FPT Software investment will help us accelerate our growth and build out our infrastructure, technical capabilities, and proprietary tools. We’re excited to be aligned with an …

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Construction site in Ninh Binh of the North-South expressway. — VNS/VNA Photo Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer. On the international market, the price of steel rebar for October delivery on the Shanghai Future Exchange was traded at 5,687 yuan (US$877) per tonne on Monday, down nearly 5.64 per cent from the peak set in mid-May but surged 30.8 per cent since the beginning of the year. As the global prices are higher, local steel producers can only raise their product prices, said Mai Minh Ngoc, director of Dong Hai Steel Company. Nguyen Cong Chinh, an iron and steel dealer on Giai Phong Street, Ha Noi, told Tien Phong that his business has never been as difficult as this year. Every two-three days, steel prices rise and even climb twice a day. "Sometimes, wholesale distributors informed me that the prices were up right after I …

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