July retail sales plunges nearly 20% due to COVID-19 Total retail sales of goods and services shrank 8.3 percent month-on-month in July to 14.84 billion USD as a result of restrictions induced to stem the ongoing COVID-19 outbreak. Total retail sales of goods and services in the first seven months of this year exceeded 121 billion USD, up 0.7 percent year on year. The Ministry of Industry and Trade is formulating specific plans to stimulate consumption and sustainably develop the domestic market./. Vinamilk posts record high net revenue in Q2 2021 The Vietnam Dairy Products JSC – Vinamilk, the largest dairy company in Vietnam, posted a record high in net revenue of 15.71 trillion VND (682.57 million USD) in the second quarter of 2021, a year-on-year rise of 1.4 percent, according to its financial report. The figure also rose by 19.2 percent compared to the previous quarter. The company’s after-tax profit exceeded 2.86 trillion VND in the period, a year-on-year …
Vietnam chairs meeting of Group of Friends on 1982 UNCLOS
On July 21 (New York time), the Vietnamese mission to the United Nations (UN) hosted an online meeting of the Group of Friends on the 1982 United Nations Convention on the Law of the Sea (UNCLOS). At the online meeting of UNCLOS Friends Group. The theme of this meeting highlights the importance of the UNCLOS in carrying out UN Sustainable Development Goal No 14 on the conservation and sustainable use of seas and oceans (SDG 14). The event featured the participation of ambassadors, delegation heads and representatives of more than 120 UN member states. Upon addressing the event, Malcolm Evans, British Professor of Public International Law at Bristol University said that UNCLOS, the "Charter of the Oceans", is the framework that governs all activities at seas and oceans, ensuring a balance between the need to exploit resources from the sea, and the freedom and the governance of the sea that serves common interests. Dispute settlement mechanism established under the …
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Vietnam’s position in US defense strategy in Southeast Asia
The US Secretary of Defense is on a trip to Singapore, Vietnam and the Philippines. This is the first visit to Southeast Asia by a top official in the Biden administration. In Singapore, Mr. Lloyd Austin spoke at an event organized by the International Institute for Strategic Studies (IISS). The visit of the Pentagon leader demonstrates that the Biden-Harris administration considers Southeast Asia an important part of the Indo-Pacific region. The US Secretary of Defense’s two-day visit to Vietnam has just concluded. America's commitment to the region Vietnamese Defense Minister Phan Van Giang welcomed his American counterpart Lloyd Austin on the morning of July 29. Photo: Pham Hai This visit underscores the United States' enduring commitment to the region and its interest in upholding the rules-based international order in the region and promoting ASEAN’s central role. As US Defense Secretary, Mr. Austin has visited Europe twice to mend relations with …
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Da Nang’s airport and bus station are deserted amid new Covid-19 outbreak
The latest Covid-19 outbreak has hit Da Nang’s tourism industry at the time it was preparing for the summer recovery. Just several days ago, during the April 30 – May 1 holiday, the city was packed with tourists. Under the impact of the epidemic, on May 10, the Da Nang International Airport was very quiet. VietNamNet reporters saw only a few passengers going through check-in formalities at the counters. Restaurants at the airport were still open, but they had no customers. At the railway station of Da Nang, the situation was similar. There were only several ticket sellers and security guards, and not a single passenger. All stores there were closed. A ticket seller told VietNamNet that four trains stopped at the station on May 10, but very few passengers got on the train. An official of the Central Region Airport Authority told VietNamNet that the number of flights to and from the Da Nang International Airport has dropped due to the new outbreak. Pham Lou, General Director …
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E-commerce expected to help Hung Yen longan reach out to foreign markets
The northern province of Hung Yen expects to harvest 50,000 - 55,000 tonnes of the fruit this year, 15 - 20 percent higher the output last year. (Photo: VNA) Hanoi (VNA) – The largest-ever international teleconference seeking buyers for longan and other agricultural products from the northern province of Hung Yen was held on July 15, Vu Ba Phu, Director of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency (Vietrade) told reporters. Sustainable Trade for Longan and Specialty Agricultural Products of Hung Yen Province 2021” gathered Vietnamese trade offices and embassies as well as foreign trade promotion agencies, partners, and importers from 22 countries and territories including the UK, Australia, Poland, Belgium, the US, France, Germany, Japan, the Republic of Korea, mainland China, Singapore, Taiwan and Hong Kong (China). Ten trade promotion organisations and foreign diplomatic representatives also participated in the event from Vietnam. Hung Yen …
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VPF proposes pushing back V.League 1-2021 resumption until February 2022
V.League 1-2021’s restart date is likely to be pushed back until February 2022 as the Vietnam Professional Football Company (VPF) rolls out concrete plans for the resumption of top-flight football in the country. V.League 1-2021 - Round 12 - Hoang Anh Gia Lai vs Becamex Binh Duong - Pleiku Stadium - May 2, 2021 Hoang Anh Gia Lai's Nguyen Van Toan in action. (Photo: VPF) Specifically, on July 19, the VPF sent a dispatch and voting papers to its shareholders and 27 V.League 1 and First Division (V.League-2) clubs to collect their opinions on the projected plan to continue Vietnam’s 2021 national professional football competitions. Time fund conditions show that the August 23, 2021-February 1, 2022 period coincides with the national team’s competition and health quarantine plans for participating in international matches and tournaments. Given that fact, to ensure the goal of finalising the 2021 season once the pandemic is brought under control, the VPF has designed …
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HCM City speeds up COVID-19 vaccinations
HCM City aims to vaccinate two-thirds of its population above 18 years old in August. (Photo: VNA) HCM City (VNA) – All people above 18 years old living in Ho Chi Minh City will be vaccinated against COVID-19, Vice Chairman of the municipal People’s Committee Duong Anh Duc told a meeting on July 30. Duc said Secretary of the municipal Party Committee Nguyen Van Nen had set the target of administering vaccine to two-thirds of the city’s population above 18 years old in August. To speed up the work, the city will set up mobile inoculation groups besides fixed vaccination sites, he said, adding that the vaccinations would be conducted even at night. According to the official, most of the vaccines in HCM City now are allocated by the Ministry of Health. One million doses of sponsored vaccines are expected to arrive at Tan Son Nhat International Airport on July 31. Between July 22-30, the city administered about 490,000 COVID-19 vaccine doses. To reduce …
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Vietnam in the top 10 emerging markets for global data centres
A data centre of FPT (Photo: fpt.vn) Hanoi (VNS/VNA) — Vietnam is rated one of the 10 emerging markets in the global data centre market , with impressive growth, international standard service delivery capacity, and a large number of organisations and enterprises, research firm ResearchAndMarkets has said. The Vietnamese data centre market stood at 858 million USD last year and is forecast to grow at a compounded annual growth rate of over 14.64 percent until 2026. The growth in the Vietnamese data centre market was driven by government projects and initiatives, the report said. Data protection is a matter of global concern and is becoming an important issue on the agenda of the Vietnamese Government . The data localisation requirement under the Cybersecurity Law, plus the need for better processing speeds to assist Vietnamese users are the main drivers, which are anticipated to significantly enhance the demand for data centres in the country. The Vietnamese …
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US Defence Secretary arrives in Vietnam
A plane carrying US Defense Secretary Lloyd Austin landed at the Noi Bai International Airport in Hanoi on the evening of July 28, starting his two-day official visit to Vietnam. Video: the US Embassy in Vietnam At the airport, Lieutenant General Vu Chien Thang, Director of the Department of Foreign Affairs, Ministry of National Defense of Vietnam welcomed US Secretary of Defense Lloyd Austin. The US Embassy in Vietnam also posted greetings to US Defense Secretary Lloyd J. Austin, and special thanks to Lieutenant General Vu Chien Thang for the warm welcome. The official visit of the US Secretary of Defense to Vietnam takes place at the invitation of General Phan Van Giang, Vietnam's Defense Minister. This is the first official visit to Vietnam by a senior US official of US President Joe Biden's administration. According to Le Thi Thu Hang, spokesperson for the Ministry of Foreign Affairs, the visit of the US Secretary of Defense will greatly contribute to …
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Vietnam’s Khanh Van predicted to be in Top 12 of Miss Universe contest
The Vietnamese representative at Miss Universe 2020 pageant - Nguyen Tran Khanh Van - has been ranked 12th in the group of candidates who are capable of entering the top 21 in the ongoing pageant in the US by Missosology. According to the latest rankings by Missosology, Van is currently in 12th place after 4 days of competition. The top five contestants are representatives of India, Mexico, Peru, Puerto Rico and Romania. The top 15 have contestants from the Philippines, Venezuela, Brazil, Thailand, Australia, Peru, Vietnam, France, Nepal, and Costa Rica. Previously, Van was ranked 21st. The improvement of her position proves that the Vietnamese beauty queen has made an impression to the international audience. She was also named in the rankings of many different sites on beauty in the world. The latest outfit worn by Khanh Van at the Miss Universe 2021 is inspired by the lily of the Dong Thap Muoi region of Vietnam, which is associated …
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