First-quarter low growth seeks solutions The nation's economic growth in the first half of the year was at a rate lower than that targeted in the wake of the COVID-19 pandemic hurting production and business activities. The government is mulling over new solutions to drive the economy forwards, with some international forecasts still proving upbeat. Based on economic performance in the first five months of this year, the government has just reported to the National Assembly Standing Committee its fresh forecast that the economy’s total GDP in the first six months of this year will be nearly VND4 quadrillion (US$174.4 billion), up about 5.8% year-on-year, or 0.42 percentage points lower than the target of 6.22% as set out in the Resolution No.01/NQ-CP released on January 1 on the key tasks for the implementation of the socioeconomic development plan and state budget estimates for 2021. The 5.8% rise will also be 0.12 percentage points lower than the government’s … [Read more...] about VIETNAM BUSINESS NEWS JUNE 19
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Edge computing is an important key to enterprises’ IT infrastructure strategies and the digital economy. A recent survey by TRA found that 51 percent of IT experts in Asia Pacific have begun applying hybrid IT solutions, combining edge computing, public cloud computing and on-premises infrastructure. Edge computing was chosen by more than 1,100 CTOs as the priority task for the next 12 months. The deployment of edge computing has been going strongly in neighboring markets, according to the report. 79 percent of surveyed institutions in Indonesia have applied edge computing, or have understanding about edge computing. Many of them have been applying edge solutions for advanced projects as well. Meanwhile, Thai businesses plan to step up the use of edge computing in the next 24 months for customers’ experience-oriented projects. TRA’s report confirmed the superiority of the positive effects of these solutions. As much as 72 percent surveyed subjects recognized the benfits of … [Read more...] about How can businesses use edge computing effectively?
Two severely ill patients die of COVID-19 complications HCM City begins the biggest vaccination drive 71-year-old woman becomes Việt Nam's 62nd COVID-19 related death Recovered COVID-19 patient giving back to the community Technology leads the way in anti-COVID-19 strategy A business in Đồng Nai Province’s Biên Hòa 2 Industrial Park is disinfected. Businesses in the province are taking strict measures to protect their workers against COVID-19. – Photo baodongnai.com.vn ĐỒNG NAI – Businesses in Đồng Nai Province’s industrial parks are taking strict measures to protect themselves against COVID-19 and the risk of transmission from HCM City, which is currently the third largest COVID-19 hotspot in the country. Phạm Văn Cường, deputy head of Đồng Nai Industrial Zones Authority’s management board, said that local businesses faced a high risk because the province is adjacent to HCM City. Busy trade occurs daily between HCM City and Đồng Nai so there is a … [Read more...] about IPs in Dong Nai take measures to prevent COVID spread from HCM City
Illustrative image (Photo: VNA) Hanoi (VNA) – The vietnam-briefing.com published by Dezan Shira & Associates - a consultancy firm on foreign investment in Asia - on May 6 run an article, emphasising that since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Vietnam. According to the article, major sectors that Belgian investors have particularly shown interest in is industrial zones, food and beverage, processing and manufacturing, pharmaceutical, and renewable energy. It noted that with increasing trade and investment between Belgium and Vietnam, Belgian investors have opportunities to invest in Vietnamese industries, favoring the economic and political landscape between the two countries. Over the past decade, trade and investment relations between Vietnam and Belgium have improved considerably. This has been attributed to Vietnam’s growing economy and the … [Read more...] about Increase in Vietnam – Belgium trade brings more opportunities for investors: Experts
IPs in Dong Nai take measures to prevent COVID spread from HCM City HCM City begins the biggest vaccination drive 71-year-old woman becomes Việt Nam's 62nd COVID-19 related death Recovered COVID-19 patient giving back to the community Technology leads the way in anti-COVID-19 strategy The facility in Đông Anh, Hà Nội of the National Hospital for Tropical Diseases. HÀ NỘI - Two more people have died of COVID-19 complications in Việt Nam, a woman aged 90 and a 67-year-old man. Their deaths were announced Saturday afternoon and take the total number of fatalities to 64. The woman lived in Bắc Giang Province and tested positive for COVID-19 on June 12. After developing a severe cough, shortness of breath and fatigue, she was transferred to the Intensive Care Unit at Bắc Giang Mental Hospital. Despite treatment, her condition worsened and she died on June 18. Her cause of death has been recorded as severe pneumonia caused by SARS-CoV-2, progressive … [Read more...] about Two severely ill patients die of COVID-19 complications