Post independence period meaning

How do you evaluate the content regarding “the happiness of the people” that has become the highlight of the document at the 13th National Party Congress amid the COVID-19 pandemic upsetting lives and interfering with the peace of many people?

“The happiness of the people” is one of the labels contained in the Draft Political Report by the 12th Party Central Committee and submitted to the 13th National Party Congress.

Because the more “the happiness of the people” is integrated into the history of the world and the country in 2020, the more expressive, concise, shining and meaningful the statement becomes, not only in terms of politics and economics, but more profoundly, in the sedimentation and development of a new level in the social, cultural and humanistic aspects of Vietnam. Looking further, it is the order of comprehensive and synchronous renovation in the vision not only by 2025 or 2030 but also by 2045, under the Party’s flag. With a closer look, that is also the continuation of the century-long goal of Vietnam since 1930, when the Communist Party of Vietnam was born!

Remembering President Ho Chi Minh’s advice: “The Party is not an organisation for those who want to be mandarins and gain benefits. It must fulfil the task of national liberation, making the Fatherland rich and strong, and the people happy;” and “In addition to the interests of the nation and the Fatherland, the Party has no other interests”, the more we see the pride sparkling in such labels, but it remains also a great challenge and historic responsibility of our Party, as “the representative descendant of the Vietnamese working class”, towards our people.

By the end of 2020, the world was sinking in the COVID-19 pandemic, leading to unusual difficulties. One direct and immediate consequence was that the world economy has fallen into a deep and comprehensive crisis – something unprecedented in the past half century –into the mud of stagnation and depression while the risk of societal rupture exists in many countries. But, among 210 countries and territories, in 2020, Vietnam was one of the 10 countries in the world with the highest GDP growth rate, one of the 16 most successful emerging economies. With regard to humanity, the COVID-19 epidemic broke out, raged and devastated globally. Meanwhile, in Vietnam, the total number of infections so far is only 1,451, with 95 under treatment and 1,318 recoveries, while the death toll stands at only 35. All over the planet, everyone has the same desire and dream: the world quickly overcoming the pandemic and back to normal!

The “happiness of the people” that we pursue, strive for and even sacrifice, is natural and simple.

What do you think about happiness, an important element in the motto placed under Vietnam’s official name : “Independence – Freedom – Happiness”? From that point of view, how do you comment on the fact that many provincial and municipal Party Committees have included the criteria of people’s happiness in their political reports, which measure happiness through the criteria of satisfaction about life, environment, social welfare and public services?

I think happiness is harmony among individuals, society and the environment, for the sustainable development of each individual, society and of the environment. In other words, happiness is harmony and development. And, when placing happiness in the motto under Vietnam’s official name: “Independence – Freedom – Happiness”, the more we see a holistic combination: independent nation – civil rights and freedom – people with happiness, that the Vietnamese nation has steadfastly acted, even sacrificed to reach, retain and develop over the past 75 years. Remembering on July 17, 1966, President Ho Chi Minh saying: “There is nothing more precious than independence and freedom”, the more we see the issue of happiness we are discussing, really it is clear how bright, natural, gentle, and close the Vietnamese truth is.

The country must be independent – it is a sacred national right that no one, no force can contaminate and invade upon. But in an independent country, the people must enjoy freedom naturally and inevitably. Because, if the country is independent and the people do not enjoy happiness and freedom, independence does not mean anything, as President Ho Chi Minh affirmed on October 17, 1945.

Over the past 75 years, the proposition of happiness has completed a whole nation’s motto: Independence – Freedom – Happiness. It is the premise, the goal, the driving force and the legitimate path of development of the Socialist Republic of Vietnam, to build a mighty Vietnam with the goal of “a Rich people, strong country, democracy, justice and civilisation”.

In 2020, we saw that many Provincial and Municipal Party Committees included the criteria of people’s happiness in their political reports as submitted to the National Party Congress, which measure happiness through the criteria of satisfaction about life, the environment, social welfare and public services. It is indispensable, because it is a factor and driving force for comprehensive, strong and durable development.

To realise the country’s development vision and goals by the mid-21st century, the human factor will play a decisive role. In your opinion, how do we build an elite team to lead and promote the nation’s development in the coming decades? What qualities do they need and how does the personnel work serve as the “top issue among the key stages” – (as Party General Secretary and State President Nguyen Phu Trong says) with a need to innovate and attract such talented people to meet the requirements of progress?

Our ancestors said: For the interest in one year, we plant rice; for ten years, plant trees; and for one hundred years, we nurture people!

The historical reality in the past 90 years, especially during the 75 years of the Party’s rule, is it evident that: After having the right political direction, a decisive factor for the success of such direction is the cadres, first of all, the contingent of managers at all levels and the corresponding organisational apparatus. Especially during the renovation process over the past 35 years, we need to continue to innovate and make breakthroughs in order to build a contingent of leaders at Party committee, agency and enterprise levels to take on the ruling responsibility of the Party in leading the country. This is one of the basic factors that makes the national brand a key breakthrough and a meaningful success. As the political approach must be implemented directly and first of all by a contingent of worthy leaders, with a new style of thinking about the ruling Party, about the strategies for national development, and about the movement and development trends of the world today.

The position and role of leading the country is difficult to replace, and belongs only to an elite team. This contingent of Party officials and members must include the most elite members of the nation, representing true national strength. Party committees, government agencies and business boards at all levels must be elite agencies of the Party, the State and the nation, while they are also the environment for the training and nurturing of talent. On the other hand, it is necessary to accelerate the intellectualisation and rejuvenation of all contingents of Party cadres and members – a decisive factor that directly supplements quality and creates resources for Party rule, State governance and enterprise management. It is important to continue to regulate and build a contingent of strategic, elite and loyal staff with an extended sense of vision who are typical examples of political personality, culture and integrity. This is the root that ensures the strength and prestige of the Party, an important factor determining the success of the Party’s current and future work, as well as deciding success in national leadership and development, or in a broader manner, the development of the country’s position, strength and reputation.

Therefore, it is necessary to develop a national talent development strategy, at least in terms of the vision to 2030 and beyond, by 2045, to ensure compatibility with national development strategy.

Accordingly, first of all, in terms of thinking and attitude, it is necessary to understand that: Talent does not wait to mature. Regardless of who they are, if they are willing to serve the honour and might of Vietnam, for the happiness of the people and the longevity and development of the Vietnamese people, all must be respectfully admitted and appointed to important posts.

Second, in terms of mechanism, it is necessary to open all doors and amend the ways of “recruiting and treating well all talent”, so that talent in the country and from abroad converge in Vietnam, as well as screening, checking and monitoring officials periodically and regularly according to regulation, law and people’s confidence.

Third, in terms of institutions, we must definitely reward and punish strictly, while promoting democracy associated with the responsibility of attracting and appointing talent, especially in nomination and self-nomination.

Finally, for those who are in charge of personnel work and recruiting talent, it is necessary to have vision, honesty, courage, responsibility and integrity.

Whether the nation develops into a success or not, whether the people raise their heads or follow others or not, a fundamental part of this lies in studying and demanding the appreciation of talent!

Thank you very much!

During the period, total import-export revenue through border gates in Lao Cai reached over 11 million USD, including 2.4 million USD worth of imports, mainly fertilisers and farm produce, and 8.8 million USD worth of exports, mostly agricultural products.

In 2020, despite the impact of COVID-19, the Border Gate Customs Sub-Department under the Lao Cai Department of Customs completed its “twin targets” by processing customs clearance declarations for 516 businesses with import-export value of over 1 billion USD and ensuring safety from the pandemic.

In 2021, it will closely coordinate with other sectors to speed up administrative reform while exhibiting better performance in e-customs clearance activities to save time and cost, ensuring economic development and COVID-19 prevention and control at the same time./.

Local automobile group exports over 200 units, parts

Automobile producer THACO recently shipped more than 200 Kia vehicles and auto parts to Thailand, Myanmar, Japan, and the Republic of Korea (RoK).

The conglomerate’s largest export consignment to date, made on February 17, comprised of cars, buses and semi-trailers manufactured at its factories at the THACO-Chu Lai Industrial Park in central Quang Nam province.

The exports included 80 Grand Carnival cars to Thailand, the company’s seventh consignment to its partner, Yontrakit, since December 2019.

One hundred and twenty Kia Soluto cars were shipped to Myanmar, the sixth batch to this market.

Kia cars manufactured by THACO are increasingly appreciated by customers in ASEAN countries since their quality is equivalent to those made in the RoK and meets global Kia standards, while their prices are very competitive.

In 2021, THACO plans to export 1,480 automobiles to Thailand and Myanmar, expand exports to other markets, and gradually achieve its goal of becoming a production and export base for Kia Motors cars and spare parts in the ASEAN region.

This is THACO’s first export of semi-trailers to Japan, one of the most challenging markets in the world with stringent quality requirements.

It exported through its Nippon Trex, a leading manufacturer and exporter of semi-trailers in Japan.

Nippon Trex carried out extensive research on and technical discussions about semi-trailer product development in the Japan before appreciating THACO’s capacity and collaborating with it to manufacture and export semi-trailers to the market.

This time THACO also exported buses to Thailand via VOLVO Group’s VOLVO Buses Corporation, one of the world’s biggest manufacturers of large buses.

THACO buses were selected by VOLVO Buses for shipping and distributing in Thailand since they met all requirements in terms of technology, quality, safety, and competitive prices and Thailand’s standards and certification requirements (with respect to design, size, ECE certificates, and others). The company uses over 60 per cent locally made parts.

The shipment kicked off THACO’s plans to export 66 buses to Thailand and South Korea this year.

In addition to cars and semi-trailers, auto parts too were exported to the RoK, including seat covers, gearshift covers, air-conditioning radiators, and specialised vehicle components for Hyundai Santafe. The consignment was worth 200,000 USD.

With the import tax on CBU cars within the ASEAN bloc scrapped since the beginning of 2018, many car assemblers in Vietnam have switched to importing and distributing cars, whereas THACO has been expanding production and increasing the use of local parts to serve its strategy of exporting to Southeast Asia.

This year THACO will continue to export to existing markets Thailand, Myanmar, the Philippines, the US, and Japan and expand to other ASEAN countries, with a total of 2,500 vehicles. It expects to earn 30 million USD from exports of auto parts and other mechanical products.

Exports of large numbers of cars since last year have attested to the fact that cars made in Vietnam can compete in foreign markets, which is gradually helping raise the country’s profile in the global market.

THACO plans to increase exports to ASEAN and enter new markets in Africa, West Asia, South Asia, Australia, and elsewhere./.

Dinh An Economic Zone – driving force for Mekong Delta region

The Dinh An Economic Zone in the Mekong Delta province of Tra Vinh is one of eight coastal key economic zones in Vietnam. With an orientation to develop a multi-sector economic zone associated with sustainable marine economic development, Dinh An has focused on investment to become an economic driving force of the province and the Delta.

Dinh An has attracted nearly 50 projects to date with total investment capital of about 6.7 million USD. It is expected that by 2030 it will contribute up to 80 percent of the provincial budget.

Dinh An also has a strategic position in economic development associated with security and defence. Despite its huge potential, however, investment attraction in the zone is still lower than its potential.

Existing bottlenecks are hindering the Dinh An Economic Zone from becoming a driving force for economic development in Tra Vinh and the Mekong Delta as a whole./.

Conference discusses role of Vietnam in Asia-Europe partnership

A conference has been held in Moscow to discuss the outlook of the Eurasian Economic Union (EAEU) and the role of Vietnam and Belarus in the expansion of the Asia-Europe development space.

Addressing the event, President of the “Asia-Europe House” Association Alexander Makhlaev highlighted the role of Vietnam’s traditional values in the country’s development.

He held that the political stability has paved the way for Vietnam’s economic development.

Meanwhile, Natalya Ivanova, an expert from AV Group, underlined the significance of international business environment in the integration process of each country.

She asserted that the EAEU is creating a new motivation, especially for the strengthening of cooperation among member countries as well as with partners, including Vietnam.

According to Chairman of the Council of Experts of the Eurasian Research Fund Grigory Trofimchuk, Vietnam, a dynamic developing country and a member of many integration mechanisms and international organisations, is working hard to speed up integration process.

Vietnam is the first partner to sign a free trade agreement with the EAEU in 2015, he noted, adding that the union should focus more on partnership with Vietnam as the country is a door to the world.

The official highlighted the dynamism of Vietnamese firms in Russia as well as other countries in the world. However, he said that Vietnam and the EAEU have yet to optimise each other’s advantages and potential, while a number of trade barriers between the two sides are still existing.

He held that both sides should discuss the maintaining of trade defence measures to increase trade in the future, adding the EAEU should show its advantage in the current period when the COVID-19 pandemic is developing complicatedly in the world.

Within the conference’s framework, Trofimchuk introduced his book entitled “Vietnam wings up”, expressing his hope that the book will help Vietnam and Russia become closer together in economy, trade and humanity./.

Investment booms as Soc Trang improves business climate

Soc Trang province’s efforts to improve its business climate is paying off with more and more investors, both domestic and foreign, coming since 2016.

The Mekong Delta province has worked with hundreds of potential investors seeking to invest in areas where the province has strengths like hi-tech agriculture, tourism and wind and solar power.

It approved 116 projects with a total investment of 27.3 trillion VND (1.18 billion USD) in 2016-20, 5.5 times the amount in the previous five years.

Nine of them are FDI projects.

Soc Trang authorities have been making efforts to improve the investment climate and provincial competitiveness by focusing on infrastructure and providing lands for projects.

They are keen on projects that are sustainable and environment-friendly.

Nguyen Thi Thuy Nhi, deputy director of the province’s Department of Natural Resources and the Environment, said her department had been reforming administrative procedures, boosting the province’s competitiveness in terms of attracting investment and business climate.

One key infrastructure project is the upgrade of Tran De deep-water port, which will reduce logistics costs for exports from the Mekong Delta.

The recently approved Chau Doc – Can Tho – Soc Trang highway will connect to the port, aiding goods transportation and improving links with the rest of the country.

The province is also creating a start-up eco-system with development assistance, incubation programmes and sponsorship for creative small and medium-sized businesses.

In the last five years 1,900 new businesses were set up, a 47.2 percent increase from 2011 – 15. Many companies have invested in manufacturing in the An Nghiep Industrial Park, creating tens of thousands of jobs.

In 2021 – 25 Soc Trang seeks to further improve its business climate and competitiveness, focusing on business assistance services, labour training and helping investors start projects smoothly.

There are 3,300 registered businesses in the province with a total charter capital of 33 trillion VND.

Soc Trang’s economy grew by 6.75 percent in 2020./.

Legal move supports realty market development in 2021

According to Ha Quang Hung, deputy head of the Housing and Real Estate Market Management Department under the Ministry of Construction, many policies regulating housing and real estate market growth have been improved and aligned with the current regulatory system on investment, construction, and doing business.

Significantly, the Law on Construction 2020 has been united with the Law on Housing, Law on Real Estate Business, and the Law on Environmental Protection regarding investment proposal approval, investor approval, or developer recognition, creating a healthier and more transparent investment environment while mitigating speculation and price manipulation activities.

“In 2020, despite the impacts of COVID-19, the real estate market still managed fair growth of about 8-11%, if indirect factors like capital, land, and building materials were taken into account,” said Hung.

Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association opined that several revised laws (Law on Investment, Law on Securities Business, and Law on Enterprises) coming into force from January 2021 have bolstered market growth.

“The realty market has undergone the most difficult period and will gradually rebound. Positive legal changes would motivate firms to join the affordable housing and mid-level segments more robustly,” he said.

From another angle, Su Ngoc Khuong, senior director at Savills Vietnam, a leading real estate consultancy firm, noted that the success of the 13th National Party Congress would bring vitality to the whole economy, particularly the real estate, especially in Ho Chi Minh City and Hanoi – Vietnam’s two growth engines.

The new “city in city” urban form of in Ho Chi Minh City is deemed an inspiring breakthrough, whereas in Hanoi transport infrastructure has witnessed noteworthy improvements.

In addition, experts assumed that fiscal and monetary policies in the past decade have proven successful, with well-controlled interest rates.

Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA), outlined two scenarios for market development in 2021.

In the first scenario, with the mindset “cash is king” lingering in the first and second quarter of 2021, the market will be full of challenges due to low transaction volumes. COVID-19 will only be contained by the middle or the end of the first quarter with no new infections reported, allowing the market to gradually rebound.

In the second scenario, the pandemic would drag on to be contained no sooner than June. In this scenario difficulties would continue mounting. Accordingly, housing prices in the primary market are expected to shed an average 5% compared to last year, with sales volumes taking a plunge.

For commercial real estate, the lingering pandemic would lower operation efficiency as well as occupancy rates, while resort real estate would remain in “hibernation” the way it was in early 2021.

The latest report by Colliers International Vietnam forecast that more than 4,000 shop houses would be released in the Ho Chi Minh City market in 2021. The birth of Thu Duc City would fuel the development in the city’s northeast. Colliers data also show that products from six projects in Thu Duc, Binh Chanh, and Nha Be districts will enrich supply in the upcoming time.

Businesses urged to capitalise on opportunities to increase exports

Local businesses have been advised to diversify their markets to intensify import and export activities this year, alongside maximising the benefits of free trade agreements (FTAs), restructuring export products, developing stronger brands, whilst grasping market information and changes in the policies of importers, according to insiders.

With an impressive trade surplus of over US$19 billion last year, the industry and trade sector aims to increase the total export turnover for this year by between 4% and 5%, with the country’s trade surplus anticipated to maintain its momentum.

Despite this, Vietnamese exports this year are largely dependent on the prospects of the global economy, particularly if the novel coronavirus (COVID-19) pandemic can be brought under control.

With regard to the export situation in the year ahead, Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS), said textile and garment exports this year will continue to face numerous difficulties ahead in the post-pandemic period. In line with this, Vietnam is likely to export goods worth between US$37 billion and US$38 billion providing that the pandemic is brought under control globally.

Giang pointed out that over the long-run, the Vietnamese garment and textile sector will continue to encounter challenges over the subsequent three years, noting that exports to major markets gradually return to a normal state once the pandemic is successfully curbed by the end of the third quarter of 2023.

He emphasised that new-generation FTAs, especially the EU-Vietnam Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) can be expected to boost exports moving forward.

Experts have therefore attributed these difficulties to the current low level of market diversification among some agricultural and aquatic products, pointing out that although several products enjoy a tariff reduction of 0%, a number of domestic agricultural products have been not been allowed to gain entry into some markets.

Furthermore, despite the proportion of the FDI sector’s export value decreasing in recent years, it accounts for over 64% of the country’s total export value. This is due to the sector’s production and export activities being largely dependent on regional and global supply chains.

Moreover, the impact of the rising trend of protectionism, trade conflicts, and complicated developments of the COVID-19 pandemic globally have changed the structure of global supply chains, with several countries, especially the United States and western nations, strengthening trade protectionism measures.

Phan Thi Thanh Xuan, vice president and General Secretary of the Vietnam Leather, Footwear and Handbag Association, revealed that the leather and footwear sector has made the best use of the EVFTA, adding that the industry’s exports are poised to grow by between 15% and 20% this year if the COVID-19 epidemic is successfully contained.

Xuan underlined the need to devise stronger policies aimed at accelerating the development of the local supporting industry so it can independently produce raw materials and avoid a heavy reliance on imports.

In an effort to maintain the export growth in the year ahead, the Ministry of Industry and Trade is expected to help businesses take full advantage of opportunities from FTAs by removing barriers for market expansion and keeping a close watch on the developments of the COVID-19 pandemic in order to take timely response measures.

She pointed out that new generation FTAs ​​such as the CPTPP and the EVFTA are expected to provide fresh impetus to export growth over the coming year thanks to tariff incentives, adding that the shift in FDI investment flow from regional countries to the nation, along with the restructuring of supply chains, will also contribute to boosting exports this year.

Key solutions that can promote import and export activities moving forward will largely focus on diversifying markets, maximising the benefits from relevant FTAs​, restructuring export products, developing brands, whilst grasping market information and changes in policies of importers, Xuan noted.

Deputy Minister of Foreign Affairs Le Hoai Trung also underscored the importance of opportunities brought about by FTAs while urging the local ecnonomy to improve its autonomy to prepare for any worse-case scenarios and utilising the system of commercial counselors to perform tasks in line with these changes.

Minister of Industry and Trade and deputy head of the Party Central Committee’s Economic Commission Tran Tuan Anh, said there will be a positive outlook for the country in the years ahead thanks to favourable conditions from integration strategies and the enforcement of FTAs.

In addition, the Government’s schemes on economic restructuring, social security, reforms, open-door policies, and efforts to fine tune the legal system will also be beneficial.

Domestic food and beverage industry has development potential

The domestic food and beverage market has great potential for development despite the difficulties caused by the COVID-19 pandemic, according to experts.

Hanoi – The domestic food and beverage market has great potential for development despite the difficulties caused by the COVID-19 pandemic, according to experts.

Food and beverages are in the fast-moving consumer goods (FMCG) category. For many years, this has always been one of the important economic sectors with great potential for development, according to the Vietnam Report 2020.

The food and beverage market’s growth rate is forecasted to reach from 5-6 percent annually in 2020-2025.

Despite suffering negative impacts from the COVID-19 pandemic, the food and beverage industry in Vietnam also has many strong growth opportunities. At present, more and more consumers pay attention to nutritional foods of plant origin, organic foods or food with healthy ingredients.

A survey conducted by Vietnam Report at the end of 2020 showed due to COVID-19, half of customers have spent more on foods boosting their immune system and clean foods. Meanwhile, 63.7 percent of customers have cut spending on alcohol and beer. Therefore, businesses in this industry must adjust their production to suit demand.

Food businesses have to increase their production capacity by about 30 percent, while beverage businesses must reduce their production to lower than 80 percent compared to before the pandemic.

Besides that, Vu Dang Vinh, general director of the Vietnam Assessment Report Joint Stock Company, said COVID-19 has forced nearly 70 percent of food and beverage businesses to focus on the digital transformation for survival and development, reported the Vietnam News Agency.

Many businesses have built modern technology processes in production and management. Food and beverage companies have also sped up investment activities to renovate the distribution system and adjust the proportion between traditional and modern trading channels. They develop applications to enhance the customer experience when shopping and innovate packaging design, eco-branding and product line development.

Nguyen Dang Quang, chairman of Masan Group, said the COVID-19 pandemic is a good opportunity to promote e-commerce.

The group is building plans to attract more and more people to online shopping, he said.

Vinh said food and beverage businesses need to focus on strategies such as revenue growth, market development, promotion of research and improving product quality. They should also diversify supply sources with priority for domestic suppliers and develop online distribution channels on e-commerce platforms.

According to experts in the food and beverage industry, the stable macroeconomy and commitments in free trade agreements signed between Vietnam and its partners such as the European Union-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) would bring export opportunities and more foreign investment. They would promote the transfer of technology and technological advancement in the industry.

Along with that, the food and beverage companies need to improve their competitiveness and increase investment in infrastructure systems and modernisation of production processes and corporate governance.

Foreign investors divest Ninh Van Bay due to bleak performance

Two foreign investors, namely Recapital Investments Pte., Ltd and Belton Investments Ltd., decided to divest Ninh Van Bay Travel Real Estate JSC, the developer of Six Senses Ninh Van Bay Resort in Nha Trang.

Notably, Recapital Investments Pte., Ltd. issued an announcement to sell 10.7 million shares at Ninh Van Bay Travel Real Estate to decrease its ownership from 11.9 per cent to zero. Recapital Investments is an investment fund owned by Rosan P. Roeslani, the former president of Inter Milan football club.

Besides, Belton Investments Ltd. has also registered to sell its entire 6.4 million shares, equaling 7.07 per cent of the stake, in this company. The sale is expected to be completed between February 5 and March 1.

Previously, in 2013 Recapital Investments bought 30 million shares at the price of VND7,500 (32.61 US cents) apiece. Belton Investments has been a large shareholder since 2012. However, since 2019, both investors started to decrease their ownership in Ninh Van Bay Travel Real Estate.

The reason for the divestment may be the bleak business results of Ninh Van Bay.

Notably, the company listed its stake on the Ho Chi Minh City Stock Exchange in 2010 with the initial price of VND30,000 ($1.30) apiece, however, the stocks plunged to VND1,000 (4.35 US cents) apiece in 2017. Besides, the company suffered a loss of VND479 billion ($20.83 million).

After two years of restructuring, the company reported a profit of VND27 billion ($1.17 million) in 2019, more than 13 times the figure of VND2 billion ($86,960) in 2018. In 2020, the company acquired VND211 billion ($9.17 million) in net revenue, down 24 per cent on-year. The main reason for this bleak business result came from the impact of the COVID-19 pandemic.

At present, Ninh Van Bay stocks are traded at VND5,680 (24.70 US cents), rising 22 per cent over the past three months.

Upbeat export-import picture in early 2021

Many of Vietnam’s growth engines have posted impressive export-import performance, with Ho Chi Minh City, Bac Ninh, and Binh Duong being the top performers.

The latest statistics from the Vietnam General Department of Customs show that the country raked in $55 billion in total export-import turnover in the first month of 2021, a 48 per cent jump on-year.

Many localities have posted fairly impressive growth in their export import value compared to the corresponding period in 2020 despite the impacts of the recent COVID-19 reemergence.

Leading the list is Ho Chi Minh City which counted $8.9 billion in total export-import value, followed by Bac Ninh with $7.7 billion, Binh Duong with $5 billion, Thai Nguyen with $4.4 billion, and Hanoi with $3.8 billion.

Many localities have posted fairly impressive growth in their export import value compared to the corresponding period in 2020 despite the impacts of the recent COVID-19 reemergence.

This is an impressive performance as Hai Duong needs to ramp up efforts to carry out the dual target of preventing and curing COVID-19, while still ensuring socio-economic development.

Last year, the province attracted nearly $7.76 billion in total export value and more than $6 billion in total import value, and carved out a place among the localities with biggest export-import value in the northern region.

Quang Ninh, Lao Cai, and Lang Son (the major export players) have increased business even during the Lunar New Year holiday. For instance, on the first three days of the new year, the Lao Cai International Border Gate’s Customs Bureau had completed customs clearance for 4,000 tonnes of export-import goods valued at more than $2 million.

In Ho Chi Minh City, right on the eve of the Lunar New Year, Saigon New Port Corporation conducted a ceremony to receive goods marking the New Year of the Ox.

In 2020, the cargo volume calling on Ho Chi Minh City’s Cat Lai port rose 8.2 per cent, making it one of the top performers worldwide in cargo throughput volume. This year, the cargo volume through Cat Lai port is expected to surge 5 per cent.

More than 7,000 tonnes of goods passed through each day Mong Cai International Border Gate Customs Bureau under Quang Ninh Customs Department during the Lunar New Year holiday.

The Ministry of Industry and Trade forecast that export business would maintain its growth momentum in February, especially in localities hosting the manufacturing complexes of South Korean tech giant Samsung Group, leveraging the proliferation from January 2021. The exports of handsets and accessories could lift up, capitalising on Samsung’s fresh roll-out of new items such as Samsung Galaxy S21, Samsung Galaxy S21 Plus, and Samsung Galaxy S21 Ultra.

Larger frame of mind for logistics

Throughout more than three decades of economic reform, Vietnamese companies from many sectors have been venturing abroad and become role models. Yet, the logistics sector remains too focused on the domestic market. Tran Thanh Hai, deputy director of the Ministry of Industry and Trade’s Agency of Foreign Trade, emphasised that local players should follow regional examples and take their business to international arena.

In this context, logistics activities were affected significantly, with railways, roads, and air transport being the most heavily affected, while waterways and warehouses remained largely unscathed and even saw growing business due to rising inventory.

Different from five years ago, logistics have been given due attention by all state levels, as shown in the directive documents of the government, ministries, and branches, that all considered logistics a crucial aspect of the economy. From there, policy changes and significant investments in infrastructure could be accomplished, along with the easing of administrative procedures for businesses in this sector.

However, one of the current challenges is the lack of large-scale Vietnamese enterprises with influence in the logistics industry, while large foreign-invested enterprises (FIEs) such as FedEx, UPS, and DHL from the United States and Europe dominating the country’s logistics sector.

In Vietnam, telecom, real estate, and manufacturing enterprises have built outstanding businesses that drive their respective industries. Within the logistics sphere, however, there is no such role model.

Companies like Saigon Newport, Gemadept JSC, Transimex JSC, and Sotrans Co., Ltd. are contributing their share but can hardly be called outstanding yet. The general picture of today’s businesses is stiffening, with competing FIEs operating in Vietnam, while those from other countries are integrating into global markets.

Additionally, the domestic logistics sector remains rather small with limited international operations, while this industry is really about going global and partaking in imports and exports. So far, the number of Vietnamese enterprises operating in foreign markets is also small, with even the bigger names not providing services to foreign markets. In the era of global integration, we must go to the world to develop, and thus this remains the Achilles heel of the domestic industry. Moreover, weak links with other service providers elsewhere have not been established and utilised sufficiently. Although Vietnamese manufacturers have been able to export goods to Europe in large volumes, there is no logistical presence of local companies.

As such, logistics groups stop all operations at Vietnam’s gates, after selling and delivering goods to customers, resulting in low added value and a lack of competitiveness against foreign counterparts.

Against this backdrop, the largest difficulties relate not to capital but to the awareness of Vietnamese entrepreneurs, who are typically shy in new environments, especially when confronting foreigners. Many businesses dare to run their operations but mostly focus on the domestic market as they feel that doing business in their own country is easier. Problems here can be handled the familiar Vietnamese way, while they would have to follow foreign rules outside and establish new personal networks and relations. Within the current logistics community, FIEs and state-owned enterprises are relatively stable, but the private sector consists mainly of small-scale businesses, with some newly established or separated from others.

In Vietnam, the number of FIEs is increasing constantly, with nearly 40 multinational corporations and many smaller ones present in the market. However, companies from Japan and South Korea are very ethnocentric and prefer to use the services of their country’s enterprises, which support and protect each other. Meanwhile, European and American businesses are somewhat more open-minded. They use traditional services but do not pay much attention to their partners’ country of origin. Multinationals have financial advantages, so it is easier for them to establish a foundation and attract high-quality human resources than it is for domestic ones. They also make great use of experienced CEOs.

The great advantage of FIEs is their cooperative relationship with partners worldwide. From these relationships, they provide most of the services requested by manufacturers at competitive prices. The service quality of these enterprises is often at a higher level than that of domestic ones, reflected in their professionalism, the assurance of standardised service quality, and strict rules and norms, which provide credibility for these businesses.

Those businesses also pay special attention to customer care and focus on the long-term benefits, instead of immediate returns. Therefore, at some stages, they even accept losses to win customers’ sympathy and build a reputation. Meanwhile, some Vietnamese businesses follow a fast-paced approach that aims for quick profits rather than long-term relationships and market presence. Such a mentality will also not pay attention to quality.

Models to follow

With a growth rate of 12-14 per cent per year, Vietnam’s logistics sector is growing, albeit merely gradually. It may take another 5-10 years to see strong differences today. As this speed remains slow, Vietnam’s logistics needs to go faster to avoid lagging behind other countries.

Up to now, Vietnam’s logistics growth has mainly relied on the scale of commodity production, consumption, and import-export, which are natural factors for growth advantages. However, these are not intrinsic factors of the logistics sector, they are just objective ones.

If one of these factors changes – such as COVID-19, natural disasters, and the declining domestic demand – the sector’s growth will suffer if it is not well established in foreign markets.

Thus, Vietnamese groups need to step out of their comfort zone, adapt quickly, and avoid thinking of themselves as small and inferior. Small does not mean weak.

At present, Vietnamese enterprises focus only on the domestic market, and give little thought to venturing abroad. Meanwhile, I am confident that Vietnam’s logistics can provide decent services to the regional market, such as Laos, Cambodia, and Thailand – all of which are close by and of similar development levels. Vietnam already has top enterprises in leather, footwear, steel, and automobiles. Thus, the logistics sector can build on their experience and develop leading groups from those sectors.

Singapore can also be a good example for Vietnam. Its government was determined to put all its advantages into developing the logistics sector and to turn Singapore into the largest transshipment port in the world. To do that, Singapore has largely sacrificed marine tourism. Nowadays, the island nation is housing some of the leading enterprises in logistics fields. It boasts PSA Co., Ltd., the world’s largest port operator, which also has a joint venture in Vietnam’s Cai Mep port complex in the south.

In the aviation industry, it has Singapore Airlines – a 5-star airline which for many years maintained its position as the world’s leading airline. Before the pandemic hit, Changi Airport was consistently one of the busiest airports in the world.

Another model is Taiwan, which has strong logistics development. Of course, there are also more developed economies like Japan or Germany whose level of development is already at a much higher level. The country needs it, the government needs it, and the businesses that want to grow strong also need to be bold and venture abroad with an outward-looking spirit. Vietnam opened its doors to global integration 35 years ago, but it is now up to businesses to step out or not. The government alone cannot do this.

Vietnam’s mobile devices reached the export value of $51 billion last year

Mobile devices and components produced in Vietnam last year were exported to 50 markets and reached the export value of more than $51.18 billion, according to the latest data published by the General Department of Vietnam Customs.

In comparison with 2019, export value was slightly down 0.4 per cent. Nevertheless, it is still one of the Vietnamese economy’s main sectors by occupying nearly one-fifth (18 per cent) of the export value.

China remained the largest consumption market for the goods category with $12.34 billion, making up 24 per cent of Vietnam’s export turnover from mobile phones, and up 48.8 per cent on-year. Europe was the second-largest export market with a turnover of $9.9 billion, up 18.9 per cent on-year.

The runners-up were the US, South Korea, and the United Arab Emirates with $8.79 billion, $4.58 billion, and $2.53 billion. In addition to China, other markets like Hong Kong, Canada, and Japan last year increased their purchasing of mobile devices and components from Vietnam by 44.14 per cent to $1.73 billion, 34.3 per cent to $826.23 million, and 16.5 per cent to $937.75 million, respectively.

2020 is the first year Vietnam has seen a plunge in the export turnover of mobile devices and components. Over the previous 10 years, the sector has been going from record to record, even recording triple-digit growth in a few years like in 2011 when it hit 178.3 per cent.

Thanks to that, mobile devices and components exceeded garment and footwear production to become the sector with the largest export value for Vietnam, mainly driven by foreign-invested enterprises, lead by Samsung. To date, about 60 per cent of the South Korean giant’s items are produced in Vietnam.

Impetus for rubber suppliers to bounce back even higher

Although expectations for an increase in rubber prices remain low, the recent spikes have left rubber growers in Vietnam less worried. Nevertheless, to cash in on the recovering carmakers and other industries after the pandemic, as well as compete with regional rivals, local latex gatherers may need to step up their game and apply for official certificates.

More than an hour’s drive from Pleiku, the capital of the Central Highlands province of Gia Lai, small roads are running through immense rubber forests. The town of Ia Kha is crowded with more than 8,000 people, but unlike in the past, these people are less occupied with farming than before.

Ro Mah Kiu, a worker in the 15 Corporation at 74 Company, often wakes up at 3am to scrape latex. When he was still farming, he lacked the necessary skills, often left behind a wasteland, and struggled all year round. As his life remained difficult, Kiu became worried about his future.

Eventually, he joined 74 Company’s local farmer support group to focus on latex extraction. But it was not easy to become a latex farmer. Proper care for mature rubber trees is tricky and learning the right technique for extracting the latex from the tree even more so.

The pandemic caused a scarcity in labourers and made it difficult to gather and process latex. Colonel Hoang Van Sy, commander of the 15 Corporation, told VIR, “The recruitment of new workers is cumbersome. Workers lost their jobs in other industries and returned to their localities in huge numbers, but after being recruited for latex exploitation, it always takes a lot of time training for them to become skilled enough for the job.”

In addition, between 2018 and 2019, the corps saw nearly 3,000 workers reaching retirement age, leaving a hole in the corps’ workforce that has yet to be filled.

Unlike in many other sectors, workers in the rubber industry are not just dependent on markets but also the weather, which sometimes leads to heavy impacts on price calculation.

“We are forced to cut input costs to a minimum, from over VND50 million ($2,175) per tonne of latex to VND32 million ($1,400) to reduce the pressure on prices,” Sy said.

The long chain of declining prices in the rubber sector had lasted for nearly 10 years, with few people thinking they would ever bounce back. However, in the last months of 2020, rubber prices at the Osaka exchange – the reference for the natural rubber market in Europe and Asia – experienced nine consecutive gains. On October 28, the most-traded April 2020 futures contract increased by ¥20 (19 US cents, equalling 7.9 per cent) to ¥274.3 ($2.65) per kilogramme, the highest closing price since March 2017. The increase in this session was also the highest since the end of 2008.

Reversing prices for rubber can be easily envisioned in a period of economic development, but with 2020, a year of stagnation and economic decline amid the pandemic, market interference from the Chinese market becomes more apparent. Statistics of the Chinese Customs Department said that in the first 11 months of 2020, China’s rubber imports reached $9.76 billion, up 4.5 per cent compared to the same period in 2019.

The staggering market recovery can also be explained by the fact that rubber production in China last year dropped by 30 per cent on-year, due to massive storms on Hainan Island and droughts in Yunnan province.

China has seen a significant increase in imports with only a gradual decrease in consumption. The 11-month data of Vietnam’s Ministry of Industry and Trade shows that China spent $4.34 billion, up 35.2 per cent over the same period in 2019, for the import of a popular mixture of natural and synthetic rubber.

Meanwhile, the Chinese auto industry – one of the key sectors for rubber consumption – remained on a downturn due to the global health crisis. Although the situation is slowly improving, the China Association of Automobile Manufacturers estimates that sales in 2020 dropped by 10 per cent, much lower than forecast.

The ability for rubber prices to recover globally stands in stark contrast to the decrease in supply. The Association of Natural Rubber Producing Countries (ANRPC) predicts that in 2021, global rubber production could recover to around 13.7 million tonnes, an increase of 8.6 per cent compared to last year. However, even with this increase, 2021’s production would still be lower than that of 2019 and 2018, with about 13.8 million tonnes.

Rubber production across Southeast Asia, which accounts for two-thirds of global natural rubber supply, has been severely affected by labour shortages due to the pandemic, natural disasters, and other disadvantages. The demand-supply gap is widening, while rubber traders fear the supply shortage will be further exacerbated by the continuing political instability in Thailand and the uncontrolled pandemic.

According to the ANRPC, 2020’s production decreased by about 6.8 per cent compared to 2019, to 12.9 million tonnes, mainly due to the decline in Thailand and India, of which Thailand’s output decreased by about 332,000 tonnes. This corresponds to the forecast of the Rubber Authority of Thailand on last year’s production, which was already estimated to be about 10 per cent lower due to the constant rains in the south of the country.

In Vietnam, the trend of decreasing latex plantation areas is also apparent at some large suppliers.

Dong Nai Rubber Co., Ltd., which had specialised in natural rubber supply, has started its plan to reduce 40-50 per cent of its exploitation and preliminary processing by 2025 to switch into fields with higher margins. According to Do Minh Tuan, general director of Dong Nai Rubber, latex exploitation so far contributed around 70-75 per cent of the company’s revenue. Last year, the firm even recruited 250 more locals as workers but remained unable to make up for the shortage to meet production goals.

Less worried farmers

Although some multilateral deals like the EU-Vietnam Free Trade Agreement have opened a door for exports to grow, Vietnam’s rubber sector has yet to make real use of these opportunities. The EU market has a large demand for high-end rubber, for which Vietnamese producers could provide the input materials. According to statistics from the General Department of Customs, the European market accounted for merely 5.1 per cent of the total export volume of 1.1 million tonnes of rubber within the first nine months of 2020.

Meanwhile, Huynh Tan Sieu, head of technology and environment at the Vietnam Rubber Industry Group, pointed out that local businesses also miss out on the opportunity to further the competitiveness of Vietnamese rubber in the global market by not applying for the FSC forest management certification, which confirms social and environmental characteristics of a company’s operations.

John Heath, commercial director at London-based natural rubber company Corrie MacColl Ltd., said in January that the European market is currently paying much attention to FSC-certified rubber. His company is distributing about 500 tonnes of certified latex to the European market each month, “a very small fraction of the growing demand for FSC-certified rubber in this market,” Heath explained.

In response to growing pressure from civil organisations and consumers, companies take more responsibility for supply chains, and Heath said that Corrie MacColl aims to “do the right thing, so it will not buy rubber from customers who cut primary tropical forests to plant rubber.”

Good products and official forest certifications have enabled 15 Corporation to access markets outside of China, led by the desire to reduce the focus on a single export market. As such, customers from Russia, Sweden, India, and Japan are considering buying the company’s latex and rubber.

However, since costs are currently higher for sourcing from the Central Highlands, “sustainable solutions with mutual benefits have to be agreed on,” said Sy of the 15 Corporation.

He hopes that the output of the 40,000ha will suffice this year to reach the targeted 10-15 per cent increase in revenue and secure the jobs of more than 10,000 workers. In 2020, the corporation banked a gross revenue of over VND1.5 billion ($65.2 million).

Vietnam leading car dealers struggle with Covid-19 impacts

While car prices in 2020 were significantly lower compared to the pre-Covid-19 period, customers had become more cautious in spending, leading to an 8% year-on-year drop in car sales to 296,634 units.

Major car dealers in Vietnam, including Savico, Haxaco and City Auto, posted modest return on sales (ROS) of 1-2% in 2020, mainly due to customers tightening their belt amid a difficult Covid-19 year.

“The pandemic had led to fierce competition in car prices, causing a downturn in the company’s business performance,” stated Savico in its financial statement.

Savico, a distributor of major car brands of Toyota, Volvo, Honda, Mitsubishi, recorded the highest revenue among the three with VND16.13 trillion (US$700.2 million), down 12% year-on-year, and profit of VND224 billion (US$9.72 million), or ROS of 1.38%.

While car prices in 2020 were significantly lower compared to pre-Covid-19 period, customers had become more cautious in spending, leading to an 8% year-on-year drop in car sales to 296,634 units, data from the Vietnam Automobile Manufacturers’ Association (VAMA) noted.

City Auto, a major distributor of Ford and Huyndai, suffered a same fate with a decline of 11% year-on-year in revenue to VND5.67 trillion (US$246.1 million) and net loss of over VND4 billion (US$173,800).

Last year, City Auto predicted a challenging year of 2021 for the automobile industry following a sharp drop in market demand.

In a letter to the Ho Chi Minh City Stock Exchange, City Auto attributed its negative business performance to lower car sales volume.

In contrast, Haxaco, a leading Mercedes-Benz car dealer in Vietnam, recorded a rise of 8% year-on-year in revenue to VND5.57 trillion (US$241.8 million) and after-tax profit of VND125 billion (US$5.42 million), up 150% year-on-year.

A senior official at Haxaco said the firm took advantage of the government’s policy of reducing 50% of the registration fee for domestically-produced cars to boost sales revenue. However, Haxaco’s ROS remained at a modest rate of 2.24%.

A study from SSI Securities Corporation suggested 2021 could start the upward trend of Vietnam’s automobile industry with a 16.3% year-on-year growth rate in terms of car sales number, citing high demand from the domestic market for cars.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

Industrial zones (IZs) registered $5 billion worth of foreign direct investment at a meeting between Haiphong Party Committee and IZ infrastructure investors aimed to resolve difficulties and promote investment in IZs.

Notably, Sao Do Investment Group JSC registered an investment of $1 billion in Nam Dinh Vu Industrial Park (IP), while VSIP Haiphong JSC will inject $1-1.5 billion in VSIP Haiphong, Saigon-Haiphong Industrial Park JSC $1 billion in Trang Due IP, and Deep C IZs are expected to lure in $1-1.5 billion.

In order to support these IZs’ investors realise the above target to attract $5 billion in FDI capital, Le Van Thanh, Secretary of Haiphong Party Committee asked Haiphong Economic Zones (EZ) Management Authority, and relevant authorities to promote administrative reform to deal with difficulties facing IZs, as well as review their compliance.

“The city will create favourable conditions for investors to implement their projects. Investors also have to comply with the approved planning, expand operations in accordance with sustainable development, and avoid unexpected environmental impacts,” Thanh said.

Meanwhile, the authority proposed the province to accelerate land clearance to create a land fund for investors, while simultaneously allocating land for building housing for workers and building plans for training human resources.

In addition, the authority also proposed the province to build a policy to deal with enterprises’ difficulties caused by the COVID-19 pandemic, as numerous partners cannot enter Vietnam to appraise their projects, impacting business activities. The authority also requested the province to compile policies to support labourers who cannot go home to enjoy Tet.

Haiphong currently has 12 IZs, eight of which are located in Dinh Vu-Cat Hai EZ, and four others are located outside the EZ. These IZs attracted 570 projects, 403 of which come from foreign investors worth $17.1 billion. These IZs generated 158,000 jobs for local labourers.

According to the plan, the city will construct 15 more IZs with the total area of 6,418 hectares this year.

Vietnam’s GDP growth rate may expand at 5.8 per cent

The Vietnam Institute for Economic and Policy Research (VEPR) estimated the country’s GDP growth at 5.6-5.8 per cent – or 1.8-2 per cent if the worst comes to pass.

The most recent resurgence of COVID-19 has been brought under control in short order, with no new breakout expected for the best part of this year. Thanks to that, domestic economic activities will continue to recover and comply with the new normal of the global economy, where sporadic, small-scale resurgences are expected by the VEPR.

Consequently, the impact of COVID-19 will be felt less serious across economic sectors than in 2020, resulting in an estimated GDP growth rate of 5.6-5.8 per cent.

However, under a more pessimistic scenario, the local economy will see larger disruptions by the health crisis, resulting in slower economic growth of 1.8-2 per cent. The scenario includes continued travel restrictions and prolonged difficulties for catering and accommodation services.

The VEPR’s policy recommendations warned Vietnam not to follow other nations’ macro policies such as loosening monetary policy to mitigate prolonged budgetary deficits. Furthermore, preventing COVID-19 and ensuring social welfare are also setting a burden on national budgets.

However, the current priority should remain to assure social security, stabilise the business climate, lessen the pressure on businesses which have temporarily halted operations, and support those that are still operational.

In particular, social security policies should provide more support for labourers working in the informal sector because this group makes up a sizeable portion of the population and are more vulnerable to the crisis, while also having the hardest time accessing welfare packages.

High hopes for economic advances

Despite enduring a heavy toll caused by the global health crisis in 2020, the Vietnamese economy is expected to drive forward strongly thanks in part to a boost in domestic consumption and investment, which will continue being among prime priorities set by the government to achieve its new growth goal.

This impressive achievement, as noted by Deputy Minister of Planning and Investment Tran Quoc Phuong, resulted from the massive efforts of the Party, the state, the public, and enterprises.

“However, massive difficulties remain. While almost all economies in the world are struggling to recover, there is no certain evidence that the pandemic will end soon,” Phuong said. “Vietnam’s economy has also been seriously hurt.”

Two recent large-scale surveys by the General Statistics Office involving more than 130,000 businesses said that around 83 per cent of the respondents admitted they were negatively impacted.

However, Phuong said COVID-19 in 2020 has changed the game for the 2021-2025 period. “Many new trends have emerged, reshaping international financial flows, trade, and investment, especially supply chain shifts, creating many challenges but also opportunities for economic recovery in the long term,” he said. “Taking advantage of new prospects for economic recovery in 2021 and a breakthrough in the 2021-2025 period is important to achieve the goals set out in the Socioeconomic Development Plan for the period.”

Given COVID-19 and many other negative potential impacts from the global economy, the National Assembly (NA) cautiously set a target of 6 per cent in the country’s economic growth this year. However, now more optimistic about the economic outlook, the government says that greater efforts are to be made to reach a growth rate of at least 6.5 per cent in 2021.

The World Bank is expecting Vietnam’s economy to continue to flourish this year.

“By all standards, Vietnam has managed the COVID-19 crisis very well. Looking ahead, Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8 per cent in 2021 and, thereafter, stabilise at around 6.5 per cent. This projection assumes that the COVID-19 crisis will be brought gradually under control, notably through the introduction of an effective vaccine,” said the World Bank in its most recent economic update for Vietnam.

According to the National Centre for Socioeconomic Information and Forecast (NCIF) under the Ministry of Planning and Investment (MPI), although the pandemic continues to expand, some positive signals have been seen. Vaccines have begun to be administered in many nations, and this will continue being expanded in 2021.

“Thus, the global economy will gradually warm up, helping increase investment and trade globally and this will have a positive impact on the Vietnamese economy,” said the NCIF’s deputy director Dang Duc Anh.

The Vietnamese economy has in recent years opened itself up further to the global economy. Last year, while GDP hit VND6.3 quadrillion ($273.9 billion), its total export-import turnover reached $544 billion, nearly doubling GDP.

According to the latest forecast by the Vietnam Economics Institute under the Vietnam Academy of Social Sciences, Vietnam’s GDP this year may grow 5.49 per cent (basic scenario), 6.9 per cent (high scenario), or 3.48 per cent (low scenario). The possibility for each scenario to become true would depend on the global situation and the Vietnamese economy’s internal strength in domestic consumption, production, and investment – including public investment.

According to the MPI, from now until the year’s end, boosting domestic consumption and public investment as well as attracting more foreign direct investment (FDI) will be among prime priorities for the government to achieve its new growth goal.

In 2020, the economy’s total retail and consumption service revenue hit over VND5 quadrillion ($217.4 billion), up 2.6 per cent on-year.

“Consumer confidence has gradually bounced back,” said an expert from the World Bank in Vietnam. “Many enterprises have found it difficult to boost exports and then turned to the domestic market. Many enterprises, already boasting a firm niche at the local market, have been expanding operations here.”

The World Bank said that retail sales also continued to grow, thanks to strengthening domestic demand for goods. Specifically, retail sales grew at 9.4 per cent on-year in December 2020, the highest growth rate since February 2020. Growth is driven by domestic demand with retail sales of goods 13.8 percent higher than in the same period last year.

According to the Asian Development Bank, in addition to spurring on local consumption, the government must find all ways to accelerate public investment as one of the key pillars for economic growth this year and beyond.

Figures from the Ministry of Finance showed that as of the end of 2020, nearly VND390 trillion ($16.95 billion), equivalent to 82.8 per cent of the plan allocated, has been disbursed, while the figure as of the end of November was only VND329.9 trillion ($14.3 billion), equalling 70.1 per cent. This is the highest ratio of disbursement in 2016-2020 – with 80.3 per cent in 2016, 73.3 per cent in 2017, 66.87 per cent in 2018, and 67.46 per cent in 2019.

Since early 2020, many state-funded projects, mostly infrastructure works, have been put into operation, fuelling socioeconomic development.

For example, on January 5, the first phase of Long Thanh International Airport in the southern province of Dong Nai commenced construction. The 5,580-hectare airport is expected to cost VND336.63 trillion ($14.64 billion), with the first phase needing over VND109 trillion ($4.74 billion). The airport is expected to relieve overloading at Tan Son Nhat International Airport in Ho Chi Minh City, currently the country’s largest airport.

In another case, in October 2020 the 5.37-km Mai Dich-South Thang Long flyover at Pham Van Dong street in Hanoi was opened to traffic, helping ease chronic traffic jams.

The VND5.34 trillion ($232.1 million) project connects the inner city with Thang Long Bridge and Vo Van Kiet Road to Noi Bai International Airport, and also connects the city’s big industrial zones and Hanoi with northern provinces, making it easier to transport goods.

Not far from this flyover, another one was inaugurated last August with the total investment capital of VND560 billion ($24.3 million), crossing Hoang Quoc Viet and Nguyen Van Huyen streets. The flyover is lengthened by a new road that meets with Samsung’s $220-million research and development project.

Besides prioritising public investment projects in 2021, the government will also focus on attracting more FDI as one of the key pillars for economic growth this year.

Deputy Minister Phuong said that despite causing serious aftermath in Vietnam, the health crisis seems not to be able to prevent FDI inflows to Vietnam in the long term, and an increasing manufacturing industry in the country. These are big drivers of Vietnam’s economic growth this year and beyond.

“Many major foreign groups and companies are eyeing the Vietnamese market, which is succeeding in controlling COVID-19 – this has strengthened their confidence in the market,” Phuong said. “The pandemic is only slowing down FDI inflows into the country. Many projects are temporarily halted, and will be strongly implemented when the pandemic eases.”

He expected that there will be many foreign investors coming to Vietnam as the prime minister has allowed foreign experts into the country to implement projects. “FDI is also contributing greatly to boosting exports,” he said.

Vietnam attracted $28.53 billion in newly-registered, newly-added, and stake-purchased, and capital contribution-based FDI in 2020, with the total disbursed FDI hitting $20 billion.

According to Do Nhat Hoang, director of the MPI’s Foreign Investment Agency, nearly 300 enterprises from many nations are planning to expand their existing investment or exploring investment opportunities in the country. Of this, more than 60 groups have reaped initial results in new and expanded investment projects here. Initial information showed that the total registered capital of these projects will likely be over $60 billion.

“This is quite a good signal that international investors are showing big interest in doing business in Vietnam,” Hoang said.

Larger frame of mind for logistics

Throughout more than three decades of economic reform, Vietnamese companies from many sectors have been venturing abroad and become role models. Yet, the logistics sector remains too focused on the domestic market. Tran Thanh Hai, deputy director of the Ministry of Industry and Trade’s Agency of Foreign Trade, emphasised that local players should follow regional examples and take their business to international arena.

In this context, logistics activities were affected significantly, with railways, roads, and air transport being the most heavily affected, while waterways and warehouses remained largely unscathed and even saw growing business due to rising inventory.

Different from five years ago, logistics have been given due attention by all state levels, as shown in the directive documents of the government, ministries, and branches, that all considered logistics a crucial aspect of the economy. From there, policy changes and significant investments in infrastructure could be accomplished, along with the easing of administrative procedures for businesses in this sector.

However, one of the current challenges is the lack of large-scale Vietnamese enterprises with influence in the logistics industry, while large foreign-invested enterprises (FIEs) such as FedEx, UPS, and DHL from the United States and Europe dominating the country’s logistics sector.

In Vietnam, telecom, real estate, and manufacturing enterprises have built outstanding businesses that drive their respective industries. Within the logistics sphere, however, there is no such role model.

Companies like Saigon Newport, Gemadept JSC, Transimex JSC, and Sotrans Co., Ltd. are contributing their share but can hardly be called outstanding yet. The general picture of today’s businesses is stiffening, with competing FIEs operating in Vietnam, while those from other countries are integrating into global markets.

Additionally, the domestic logistics sector remains rather small with limited international operations, while this industry is really about going global and partaking in imports and exports. So far, the number of Vietnamese enterprises operating in foreign markets is also small, with even the bigger names not providing services to foreign markets. In the era of global integration, we must go to the world to develop, and thus this remains the Achilles heel of the domestic industry. Moreover, weak links with other service providers elsewhere have not been established and utilised sufficiently. Although Vietnamese manufacturers have been able to export goods to Europe in large volumes, there is no logistical presence of local companies.

As such, logistics groups stop all operations at Vietnam’s gates, after selling and delivering goods to customers, resulting in low added value and a lack of competitiveness against foreign counterparts.

Against this backdrop, the largest difficulties relate not to capital but to the awareness of Vietnamese entrepreneurs, who are typically shy in new environments, especially when confronting foreigners. Many businesses dare to run their operations but mostly focus on the domestic market as they feel that doing business in their own country is easier. Problems here can be handled the familiar Vietnamese way, while they would have to follow foreign rules outside and establish new personal networks and relations. Within the current logistics community, FIEs and state-owned enterprises are relatively stable, but the private sector consists mainly of small-scale businesses, with some newly established or separated from others.

In Vietnam, the number of FIEs is increasing constantly, with nearly 40 multinational corporations and many smaller ones present in the market. However, companies from Japan and South Korea are very ethnocentric and prefer to use the services of their country’s enterprises, which support and protect each other. Meanwhile, European and American businesses are somewhat more open-minded. They use traditional services but do not pay much attention to their partners’ country of origin. Multinationals have financial advantages, so it is easier for them to establish a foundation and attract high-quality human resources than it is for domestic ones. They also make great use of experienced CEOs.

The great advantage of FIEs is their cooperative relationship with partners worldwide. From these relationships, they provide most of the services requested by manufacturers at competitive prices. The service quality of these enterprises is often at a higher level than that of domestic ones, reflected in their professionalism, the assurance of standardised service quality, and strict rules and norms, which provide credibility for these businesses.

Those businesses also pay special attention to customer care and focus on the long-term benefits, instead of immediate returns. Therefore, at some stages, they even accept losses to win customers’ sympathy and build a reputation. Meanwhile, some Vietnamese businesses follow a fast-paced approach that aims for quick profits rather than long-term relationships and market presence. Such a mentality will also not pay attention to quality.

According to one of the prime minister’s decisions, it is a crucial task to form strong logistics groups and leading companies. Vietnam has a convenient location, with a long coastline, and the entire facade of the Southeast Asian peninsula serves not only as a service point for transit to and from China, Laos, Thailand, Cambodia, and Myanmar but is also a stopover transshipment point for major transports from Europe to Australia and from Northeast Asia to South Asia. Currently, the other regional countries take advantage of this though they do not have the same premises as Vietnam.

With a growth rate of 12-14 per cent per year, Vietnam’s logistics sector is growing, albeit merely gradually. It may take another 5-10 years to see strong differences today. As this speed remains slow, Vietnam’s logistics needs to go faster to avoid lagging behind other countries.

Up to now, Vietnam’s logistics growth has mainly relied on the scale of commodity production, consumption, and import-export, which are natural factors for growth advantages. However, these are not intrinsic factors of the logistics sector, they are just objective ones.

If one of these factors changes – such as COVID-19, natural disasters, and the declining domestic demand – the sector’s growth will suffer if it is not well established in foreign markets.

Thus, Vietnamese groups need to step out of their comfort zone, adapt quickly, and avoid thinking of themselves as small and inferior. Small does not mean weak.

At present, Vietnamese enterprises focus only on the domestic market, and give little thought to venturing abroad. Meanwhile, I am confident that Vietnam’s logistics can provide decent services to the regional market, such as Laos, Cambodia, and Thailand – all of which are close by and of similar development levels. Vietnam already has top enterprises in leather, footwear, steel, and automobiles. Thus, the logistics sector can build on their experience and develop leading groups from those sectors.

Singapore can also be a good example for Vietnam. Its government was determined to put all its advantages into developing the logistics sector and to turn Singapore into the largest transshipment port in the world. To do that, Singapore has largely sacrificed marine tourism. Nowadays, the island nation is housing some of the leading enterprises in logistics fields. It boasts PSA Co., Ltd., the world’s largest port operator, which also has a joint venture in Vietnam’s Cai Mep port complex in the south.

In the aviation industry, it has Singapore Airlines – a 5-star airline which for many years maintained its position as the world’s leading airline. Before the pandemic hit, Changi Airport was consistently one of the busiest airports in the world.

Another model is Taiwan, which has strong logistics development. Of course, there are also more developed economies like Japan or Germany whose level of development is already at a much higher level. The country needs it, the government needs it, and the businesses that want to grow strong also need to be bold and venture abroad with an outward-looking spirit. Vietnam opened its doors to global integration 35 years ago, but it is now up to businesses to step out or not. The government alone cannot do this.

Power structure balance required

Vietnam’s energy sector has been developing rapidly throughout the last few years, in which renewables show the strongest development. However, the existing imbalance between power generation and transmission threatens the national power supply. As such, relevant government agencies are now tasked with finding sustainable approaches to tackle the situation.

GENCO 1 has an installed capacity of over 7,120MW, which stems from several sources such as coal, hydroelectricity, and solar power. Nguyen Manh Huan, deputy general director of GENCO 1, said that his company is now facing risks of not being able to recover investment costs under the electricity price plan. This development left a huge impact on GENCO 1’s finances as the company added many new sources of renewable energy in a short time, causing its thermal power plants to not reach its designated 6,000 hours per year.

Becoming a leading corporation in the energy sector has become a more challenging target for GENCO 1 in the context of the complicated developments during the COVID-19 pandemic and decreasing water flows towards hydroelectric reservoirs due to climate change.

The scale of Vietnam’s electricity system ranks second in Southeast Asia and 23rd in the world, with total installed capacity by the end of 2020 reaching 69,300MW, an increase of nearly 14,000MW compared to 2019, according to the calculation of state-run Electricity of Vietnam (EVN).

The total capacity of renewable energy sources amounts to 17,430MW, a stunning increase of 11,780MW compared to 2019, which accounts now for a quarter of all national power sources.

However, the asynchronous development between renewable energy and the national power grid throughout the last few years has caused Vietnam’s lines to be overloaded, affecting the mobilisation of traditional power sources, peak hour changes, and transmission rates.

Specifically, La Hong Ky, an expert from the National Steering Committee for Electricity Development told VIR that the biggest disadvantage of solar power is its instability, due to its heavy dependence on weather.

“Meanwhile, the cost of this power source is still high, energy storage is difficult, and the necessary land area is often large, as one megawatt peak of solar power needs roughly 1.2 hectares,” Ky said.

He explained that many solar investors have asked for additional planning and quickened project implementation, leading to an asynchronous development of solar power within the overall structure of renewable energy. “For instance, up to now no document or guidance is regulating the percentage between solar and rooftop solar power sources,” Ky added.

The Ministry of Industry and Trade’s (MoIT) data from reviewing the implementation of the previous four years of power development shows that thermal power sources only grew by 57.6 per cent while renewable energy sources rose by up to 205 per cent. The completion rate of 500kV transformer stations came out at 73 per cent, while 88 per cent of 500kV transmission lines were established, 77 per cent of 220kV stations, and 84 per cent of 220kV transmission lines.

“Renewable energy has grown too hot,” claimed Bui Huy Phung, a senior expert from the Vietnam Institute of Energy Science under the Vietnam Academy of Science and Technology.

During Vietnam’s electricity development up to 2020, the country has formulated two national energy development strategies; seven national electricity development plans; five coal industry development plans; three oil and gas development plans, and one renewable energy plan. According to Phung, these strategies and plans have guided and provided important contents for the development of the energy sector in Vietnam.

However, they also show the inadequacies of applied methodology, a lack of systematisation and computational data, and their appliance to the construction, appraisal, and implementation of power projects, which then usually lasted only a few years before they needed adjustment.

Although the aforementioned electricity plans were calculated meticulously, they still present inadequacies. The current energy intensity to GDP (kWh per US dollar) of many countries is currently at 0.3-0.6kWh per US dollar, while Vietnam’s is approximately as high as 1. During the past few years, the country was required to decrease this ratio from 1.5-1.6 to 1, with previous forecasts and actual results showing that the ratio cannot be further reduced without adjustments.

Additionally, the power grid had to be built in a rush, which was difficult to implement and led to many projects not meeting their desired progression. The plans of power plants for 2020 were behind schedule by 1-2 years, with the biggest slowdown happening in the projects of the country’s state-run oil and gas group PetroVietnam. Nevertheless, reports from the MoIT and EVN still stated that the entire national electricity supply in 2020 was basically guaranteed.

Meanwhile, the demand for coal as a resource for electricity is huge, with an estimated 78 million tonnes by 2020 and 190 million tonnes by 2030. Yet, it remains unknown where the supply is supposed to come from.

The total investment in the electricity sector in the 2011-2020 period amounted to $48.8 billion, of which 33 per cent was reserved for the national grid. In the 2021-2030 period, the total investment will be around $75 billion, of which 34 per cent is planned to be used for the national grid.

Thus, within 20 years with the total investment of $123.8 billion, only a third have and will flow into the grid, which, in turn, explains the transmission gaps in recent years.

Considering the data from the previous four years, the MoIT’s Institute of Energy is now making preparations for a new national power plan.

“Considering the previous plan, most power and grid projects have not met the set goals, with only renewable energy – mainly solar and wind – exceeding the plan by over 200 per cent,” Phung commented.

The impact of this imbalance, according to Phung, can lead to disturbances in regional and national planning, making it difficult for the transmission and control of the system, as some areas are overloaded during the day while at night it could be difficult to ensure electricity supply.

Meanwhile, in principle, ensuring energy security often needs to be based on several factors, such as forecasts of the power demand in relation to the country’s socioeconomic development plans, the domestic availability of energy sources, including renewable energy and import capacities, and a pricing scheme suitable for the development level of the country.

The issue of sustainable power source development has been recognised in all countries, especially as the consequences of climate change and depletion of many traditional energy sources become ever so visible. As a result, most countries are transforming their energy use structures towards a sustainable direction while increasing social equality in access.

To regain the balance in its power source structure, Phung said, “It is important to calculate Vietnam’s power grid planning and compliance with socioeconomic development. Vietnam can only achieve sustainable development when the contents of such plans are carefully calculated and define the demand and structure for optimal and rational use of electricity sources.”

Specifically, the MoIT is directing the creation of the Power Development Plan VIII – the master plan that will concretise the Politburo’s Resolution No.55-NQ/TW on the orientation of Vietnam’s national energy development strategy to 2030, with a vision towards 2045.

The Institute of Energy announced its initial results from the first workshop last July, which include methods, documents, and 11 electricity development scenarios for the country.

However, Phung, who has more than 40 years of expertise on energy, remarked that it is necessary to clarify the MoIT’s concept of “soft planning” in the next plan, while also considering specific solutions for the imbalance in national power development.

Economy shows positive signals at the beginning of the year

2021 has been identified as the year of economic recovery in Vietnam with a growth rate target of 6.5% set by the Government, 0.5 percentage points higher than thatassigned by the National Assembly, requiring the whole political system to drastically take part right from the first days and quarter of the year.

In the first month of 2021, the economic outlook showed positive signals. Specifically, the industrial production index in January 2021 increased by 22.2% over the same period last year; export revenue of goods increased by 50.5%, of which six items achieved revenue of more than US$1 billion, accounting for 67.3% of total export turnover. The disbursement of public investment capital increased by 24.5%.

Notably, business registration activity grew impressively on the index of newly established enterprises, registered capital and labour, thereby adding more than VND395 trillion in investment capital to the economy, up 10.5% over the same period last year.

In terms of the attraction of foreign direct investment (FDI), some localities continue to attract high-tech projects, such as Foxconn’s US$270 million project in the northern province of Bac Giang. The fact that Foxconn, one of the largest manufacturers of electronic components and computers in the world, specialising in Apple products, invested in Vietnam at this time has strengthened the confidence of international investors in the country’s investment and business environment.

Meanwhile, foreign enterprises investing in Vietnam are also more optimistic about their business prospects. For example, in its latest survey results, the Japan Trade Promotion Organisation (JETRO) have announced that 46.8% of Japanese enterprises will expand production and business in Vietnam in the next one to two years, thanks to optimistic forecasts about potential growth in domestic and export sales as well as high levels of growth in general.

However, the economy is also facing risk as the COVID-19 epidemic reappeared in the community at the end of January. Industrial production has not recovered as quickly as it did before the epidemic. Enterprises continue to lack production materials. Many export markets have not been able to recover because major economies in the world continue to restrict imports due to social distancing and border closures.

The service sector has not yet recovered and continues to face difficulties even before the new wave of the pandemic. According to calculations by the Ministry of Planning and Investment (MPI), if the COVID-19 epidemic is promptly controlled in the first quarter of the year, it is estimated GDP in the first quarter of 2021 will increase by 4.46%, 0.66 percentage points lower than the target set out in Government Resolution No. 1 on the main tasks and solutions to realise the socio-economic development plan and State budget estimates in 2021.

In order to achieve the set growth target, the MPI proposethe Government should continue to make disease prevention and control a top priority, ensuring the health of the people as well as limiting the negative impacts caused by the epidemic on the economy.

Socio-economic development solutions must be implemented by ministries, branches and localities in a more urgent and drastic manner. The independence and self-reliance of the economy should be enhanced in the new situation.

Specifically, new strategies and policies should be devised to promote innovation, apply science and technology to seizing opportunities opened by the Fourth Industrial Revolution; research, monitor and update new trends, models and policies from countries that impact Vietnam, improve the internal capacity, self-reliance and resilienceof the economy. The MPI is currently completing a master plan on improving the internal capacity and self-reliance of the economy and will soon submit it to the Government.

M&A activities still buoyant

At a recent seminar, Tran Thanh Tung, partner lawyer of Global Vietnam Lawyers, said with a range of regulations in the Investment Law, the Enterprise Law, the Securities Law and the Competition Law, businesses seeking M&A deals seem to be obliged to join a hurdle race, as they have to comply with many administrative procedures to reach the finish line. Each law has a different angle on M&A.

Of note, while the 2020 Enterprise Law, to be effective from 2021, has modifications towards betterment and openness for investors and regulations to protect them, the Competition Law restricts M&A activities with the requirement for reporting the threshold of economic concentration with criteria for total assets and total revenue from sale or purchase in Vietnam, the value of transactions and the combined market share of businesses in the relevant market, as stated in Decree 35/2020 effective since May 15, 2020. According to Mr. Tung, this threshold of economic concentration is low, and in reality, there may be abuse of the reporting, which makes M&A transactions more complex and costly.

Dr. Nguyen Quoc Vinh, partner lawyer of Tilleke & Gibbins, argued that many businesses will have to report on economic concentration, as the threshold is quite low. The risk for relevant parties who “forget reporting” is they will be penalized by State agencies.

Nguyen Thi Vinh Ha, deputy general director and head of the corporate advisory division of Grant Thornton Vietnam, told the Saigon Times that she has seen a number of cases where businesses are impacted by the regulation for economic concentration. Though their M&A deals are small, those businesses operate in the niche market (providing a certain product) within a larger market. In view of the niche market for that product, they hold a relatively large share. However, viewed from the larger market, they are completely out of the scope of economic concentration. Nevertheless, with the current regulation, they still have to submit a report on economic concentration, which has significantly obstructed the progress and the likelihood of success of the M&A deal.

Ms. Ha said the regulation has also caused difficulties for other cases of M&A activities. For instance, parties who have reached the threshold of economic concentration for the shares auctioned by divested State-owned enterprises must do the reporting. What matters is the compliance will cost businesses a lot but the success in the auction is still uncertain. Further, the time for assessment of economic concentration by the National Committee for Competition may be longer than the maximum time when the businesses joining the auction must make a public offer.

At the present time, Ms. Ha stressed, the fact that the National Committee for Competition is not yet established, concrete guidelines are not yet available, competent agencies do not have experience in assessment and interpretations about the concept of  “the market for relevant products” are not yet clear is causing many difficulties for M&A activities. Businesses are at a loss to determine whether their deals are subject to reporting and they may have to wait for a long time for feedback from competent agencies. “We observed that under the new regulation, the combined market share is not the only factor to determine whether an M&A deal is prohibited or not, as it needs assessment of many other factors. All has created a heavier obligation for demonstration for parties to M&A deals,” Ms. Ha said.

At the seminar, Dinh Anh Tuyet, director of the law firm IDVN, said businesses may feel uneasy to do reporting on economic concentration, but this is a necessary and not so fearful job. Besides criteria for assets, revenue from sale and purchase, and market share expressed by numbers, there are also other analyses. With a complicated M&A deal which takes a lot of time for completion, it’s regretful if it is subject to the regulation for abolishment due to failure to complete the procedure for reporting on economic concentration. In addition, the fine for violation by the business concerned amounts to 5% of its revenue in the relevant market in the year before the year of the violation.

A concrete example is Grab’s acquisition of Uber in Singapore. The two parties determined that they were not at the threshold to report on economic concentration and did not do the reporting. Afterwards, competent authorities in Singapore determined that they were at the threshold and fined them several million Singapore dollars.

Nevertheless, Ms. Tuyet commented that regardless of the new regulation, M&A activities will continue, as investors will consider the market prospect and M&A parties have strong legal teams to ensure compliance.

Justin Gizs, member of the legal council under the European Chamber of Commerce in Vietnam (Eurocham), said the legal factor must be attended to because it is the decisive factor to facilitate M&A deals, especially those with foreign involvement. EU investors highly appreciate the Vietnamese market and want to enjoy appropriate, favorable policies under the Vietnamese legal framework to boost M&A activities.

Ms. Ha from Grant Thornton Vietnam noted that apart from the legal factors, a more important factor is the market. Vietnam now has a significant position and advantages when the country has duly coped with Covid-19, maintaining safety for her economic activities. Further, Vietnam is emerging as a convincing alternative destination for foreign enterprises seeking to move their operations out of China. Therefore, she thought that M&A activities will continue to be buoyant in 2021.

New Covid-19 outbreak dents Vietnam’s hospitality recovery

The latest outbreak of Covid-19, which began in late January, has put an immediate impact on Vietnam’s hospitality business with numerous cancellations across the country, not only in the affected destinations but anywhere with access via an airport.

The outbreak has seen preventative measures reinstated nationwide. In many localities, containment measures have been back, with greater focus on hygiene, mask wearing, hand washing, and restrictions of unnecessary travel and social gatherings, according to Savills Hotels APAC.

January started on a positive note, with city hotels seeing increased MICE (meeting, incentive, conference and event) bookings while in some resorts, corporate bookings started to return.

The market in 2021 is expected to be broadly similar with most of 2020, at least until borders reopen to leisure and business. Hotels have adapted by considerably reducing operating costs to establish lower breakeven points.

“Prior to these local transmissions, the industry was anticipating increased travel demand during and after the Tet holiday, which would have been a good start to the year. However, the situation has changed everything,” said Mauro Gasparotti, director of Savills Hotels APAC.

Travel interests are diminishing in a mist of uncertainty with air travel demand dropping 15% immediately after the news release. The Tan Son Nhat International Airport in HCMC estimated a sharp drop of 26.5% in air passenger traffic over the Tet holiday compared to last year. Online flight search demand to Danang and HCMC during this peak period of the year dropped over 30%, according to OTA Insight.

Some companies immediately enforced travel restrictions, with requests to limit attending events or large gatherings. This has directly affected MICE business in city hotels, where several conferences have been put on hold or delayed. Drive-to destinations have also been affected by weekend cancellations.

“The resurgence of local Covid-19 transmission once again demonstrates its immediate impact on the tourism industry. Travel agencies and hotels are no longer surprised with “the unexpected” but this happening right before the Tet holiday has hurt public travelling interests,” said Mauro Gasparotti.

“With the Government speeding up vaccine testing and imports, I hope the situation is soon under control. Hospitality is highly vulnerable to adverse effects. It will only be when people feel confident and safe enough to travel when recovery will truly be underway,” he added.

Covid-19 has caused significant disruption to the Vietnamese tourism industry. In 2020, international arrivals of just 3.8 million were down 78% compared to 2019, while the 56 million domestic travelers were down 34%.

Performance of hotels and resorts slumped, with many forced into temporary closure. Occupancy and average daily rates both dropped, resulting in revenues being down 70% compared to 2019.

In Hanoi, average occupancy of 32% compared to the average of 80% last year, while in HCMC it dropped from 72% in 2019 to 23%. The average occupancy of 62% country wide in 2019 collapsed to just 24% in 2020.

2020: A success, 2021: An unkown

Although it failed to fulfill the year’s targets, Vietnam’s export is not only a key growth driver for the economy but also a rising star on the international marketplace.

A government report submitted to the National Assembly last October projected the export growth in 2020 at only 3.5-4% In reality, the total export sales for the whole year might amount to US$281 billion, posting a growth rate of 6.5%.

Compared to the 7% growth target, Vietnam almost made it. This was the third time during the past 10 years the country failed to achieve this important goal. Nevertheless, in the context that the domestic market was gloomy due to Covid-19, export still played an important role in enabling the economy to reach an overall growth rate of 2.91%.

First of all, instead of attaining an average growth rate of 13.4% per year as in the past 10 years, Vietnam’s total retail sales and service and consumption revenue in 2020 are estimated to rise only 2.4%; and if compared to gross domestic product (GDP), export accounted for 82.6%, up 2.4 percentage points year-on-year, whereas the total amount of retail sales, services and consumption revenue were just 63.5%, down 1.1 percentage points.

In other words, instead of contributing 52% to the output of economic growth in 2019, export in 2020 made up 66.4% of the output economic growth, while the domestic market with nearly 100 million consumers contributed 33.6% (instead of 48%) because of Covid-19.

Vietnam’s growth rate higher than that of the top-40 exporting countries in the world during the past decade (2010-2019) helped Vietnam pick up a staggering 18 notches—from the 41st to the 23rd—in the list of 50 nations having the largest exports in the world compiled by the World Trade Organization (WTO). It is very likely that Vietnam’s position in 2020 will be further improved.

Secondly, while export growth rate was positive, import tended to be stagnant despite a year-on-year surge of 22.7% in December. As a result, Vietnam obtained a record high trade surplus of US$19.1 billion in 2020.

It should be emphasized here that the argument which asserts a decrease in import will give rise to an increase in trade surplus associated with a shortage of materials for production is probably groundless. Statistics show that the total import spending of 18 commodities was over US$51 billion, down 11.3% from 2019, but compared with 2019 prices, Vietnam benefited more than US$25 billion. That means if the price decrease was excluded, the import value would rise by 32.3% while import volume would rise by 12%.

This indicates that the record trade surplus comes from the fact that Vietnam has accelerated export plus the “basket of imports” includes many groups of goods having sharp price decrease, which help Vietnam earn huge profits from price fluctuations in the world.

Meanwhile, the “basket of exports” shows that the processing and manufacturing industry contributed a great deal to the record trade surplus. In 2017, Vietnam incurred a trade deficit of US$6.5 billion from these groups of goods; the country saw a trade surplus of US$4.7 billion in 2018; the figure soared to US$9.2 billion in 2019, and is estimated to reach US$14.5 billion in 2020.

Thirdly, viewed under the export market structure, the United States is perhaps a motive for Vietnam to obtain her export targets and trade surplus. It is estimated that export turnover to this market in 2020 will reach US$76 billion, accounting for 27.2% of the total export revenue to the world, whereas import spending will be around US$13.5 billion, resulting in a trade surplus of US$62.9 billion with the U.S.

Meanwhile, Vietnam suffered huge trade deficit with China and South Korea, US$35.4 billion and US$27.5 billion, respectively.

Unknown for 2021

It is forecast that the world economy post-Covid-19 will recover this year, but the recovery process will not be the same for all nations, especially less positive for the U.S. and European countries. The International Monetary Fund (IMF) has forecast that while GDP of the emerging economies and developing countries increases 6.05%, that of developed countries rises just 3.6%. This is not a positive signal for Vietnam’s export prospect in 2021.

The U.S. and Europe are the major export markets of Vietnam, so their slow recovery makes it hard for Vietnam to boost export into these countries.

In addition, the fact that the U.S. designates Vietnam as a currency manipulator—although it has not yet exerted any impact on Vietnam’s export stateside—will prompt Vietnamese exporters and importers to be cautious, not to mention the possibility that Vietnam will find it harder to enjoy a big trade surplus again after such allegation.

To cope with the currency manipulation label, Vietnam will have to prevent goods that are deliberately disguised in made-in-Vietnam brands from being exported to the U.S. Therefore, if the fight against origin fraud is more successful, exports will decrease proportionately.

Furthermore, though the EU-Vietnam Free Trade Agreement (EVFTA) took effect a few months ago, the possibility to increase exports to this market is still much to be desired because the downward trend in 2020 still continues and the economy in this bloc is still mired in trouble in 2021.

In such context, export increase should be focused on Asian markets, particularly the member countries of the Regional Comprehensive Economic Partnership (RCEP). However, this is a formidable mission.

Statistics show that in the first 11 months of last year, Vietnam exported goods worth some US$103 billion into these regional markets, but imported nearly US$167 billion from them. Her two major partners were China and South Korea, with tremendous trade deficit. Vietnam also suffered lower trade deficit with the remaining 12 partners. These were Vietnam’s problems for years, so the hope to increase exports into these regional markets is almost impossible, especially in the short run.

In other words, decreasing trade deficit in the short run should rely on the result of the fight against origin fraud. In the long run, it should rely on the development of supporting industries as well as industrial sectors producing materials to enjoy preferential tariffs as stipulated in the EVFTA.

Given the recovery of the world economy in 2021, it is likely that prices of goods on the world market will rise, and Vietnam’s exports will not suffer from low prices as in 2020. However, her imports will not enjoy advantages in terms of prices, and she will no longer attain high trade surplus as in 2020. The soar of import in the final month of last year might be a “reverse” signal in the balance of trade in 2021, or might at least indicate that trade surplus would not be as high as in 2020.

In short, if there is no breakthrough in the fight against Covid-19 around the world, it will be hard for Vietnam to accelerate export in 2021, whereas import will soar, resulting in a decrease in trade surplus.

HCMC’s tourism sector in distress

The average hotel room occupancy is less than 10% while travel businesses have reported massive Tet tour delays and cancellations, according to the HCMC Department of Tourism. Tourist sites and entertainment areas in the city are not as crowded as in previous years due to Covid-19.

Guests started to delay or cancel tours from January 28 when Covid-19 reemerged in the northern provinces of Quang Ninh and Hai Duong. Only a few agreed to reshedule their travel plans.

“The Tet tourism season this year is worse than that of last year,” according to the HCMC Department of Tourism’s report. Last year, when Tet came, Covid-19 also broke out in Vietnam. All inbound, outbound and domestic tours were gradually cancelled till March 2020.

The report also said that the average room occupancy of hotels in HCMC was less than 10%.

During the Tet holidays, the tourist sites such as Dam Sen, Van Thanh, Binh Quoi and Suoi Tien have been temporarily closed. Many entertainment areas have also scaled down their operations to ensure safety.

Indonesia imposes anti-dumping tariffs on cold steel sheet from Vietnam

It is the final conclusion of an Indonesian agency for cold steel sheet imported from Vietnam.

The Indonesian Anti-dumping Committee (KADI) will impose anti-dumping tariffs on cold-rolled steel imports from Vietnam and China after a 16-month investigation, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

The anti-dumping duties of 3.01-49.2% on steel imports from Vietnam will affect Vietnamese major exporters including Hoa Sen and Ton Dong A Corporation which will pay 5.34% and 3.01%, respectively, according to the Trade Remedies Authority of Vietnam (TRAV).

Earlier, the TRAV was informed by the KADI that Vietnam’s cold steel sheet manufacturers are  selling their products in Indonesian market at less than fair value which has caused injury to Indonesian cold steel sheet companies.

In August 2019, the Indonesian committee announced an anti-dumping investigation on aluminum coated steel imports from Vietnam and China.

Immediately, the TRAV sent a letter protesting some contents in the draft conclusion of KADI which it said unreasonable. Specifically, some conclusions are inconsistent, not reflecting the actual situation of Vietnamese enterprises such as value added tax, duplication in calculations. These inaccuracies have led to a high margin of dumping and is detrimental to Vietnamese enterprises.

Then, on August 24 2020, KADI decided to extend the investigation for another six months as the agency needed more time to conduct thorough probe.

Hanoi tax revenue from e-commerce surges by five times

Increasing online shopping has resulted in higher tax revenue.

The amount of tax collected from e-commerce activities in 2020 was five times higher than in 2019, as online shopping has become more popular among Hanoi’s consumers, according to the Hanoi Tax Department.

The city earned a VND123 billion (US$5.3 million) tax revenue from e-commerce last year. Some individuals willingly declared their earnings and paid millions of dollars in personal income taxes.

Last year, the tax authorities have tightened supervision over e-commerce activities in accordance with the amended Law on Tax Administration, which requires individuals doing business via internet to declare income and pay tax. The law took effect  on July 1, 2020.

A 28-year-old girl, in Cau Giay district, declared an income  of VND330 billion (US$14.4 million) and paid VND23.4 billion (US$1 million).

A man, 30 years old, in Cau Giay district, earned VND260 billion (US$11.3 million)  from writing applications for Google Play and App Store, and paid tax of VND18.1 billion (US$787,342).

“Online selling has developed well in recent years. Among online businesses, a lot of young individuals, especially students have also applied technology to do business, profited from the model and paid a huge amount of tax,” Director of the Tax Sub-Department of Cau Giay district Le Quang Hung said. “In this difficult context, it is a great contribution of taxpayers to the socio-economic development of the city.”

This year, the municipal Tax Department continues to coordinate with commercial banks and trading platforms to collect data and instruct e-commerce operators to fulfill their tax obligations, Director of the Hanoi Tax Department Mai Son said.

The department will also enhance the supervision of income for better tax collection. The law  stipulates that credit institutions and commercial banks should provide information about taxpayers’ accounts to the taxation department.

In 2017, the department sent 13,000 messages to subscribers who posted physical addresses for selling goods on social media.  As the result, more than 2,000 traders on social networks have registered for tax filing.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control.

Among the total, 1,530 were locally infected, including 837 cases since January 27.

A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35.

Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice.

By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19.

As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./.

First Vietnam medical achievement award calls 16 winners

The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting station, together with the municipal Health Department hosted the first Vietnam medical achievement award ceremony on February 26 to honour 16 contributions to the community’s wellbeing in 2020 from across the nation.

The contributions were voted by the public from 22 nominations selected by the award’s council of professionals. Three months after its launch, the award received more than 60 nominations from medical facilities nationwide.

Among the winners were the work of doctors at the Cu Chi COVID-19 treatment hospital – the first of its kind in Vietnam, and medical staff at the HCM City Centre for Diseases Control. Since the pandemic begin in the country, hundreds of medical workers in Ho Chi Minh City have taken turns to be at the hospital, while preventive medicine workers at the centre have worked day and night on contact-tracing and testing sample collection.

Another was the operation that separated 16-month-old conjoined twins – Truc Nhi and Dieu Nhi, with the sisters now able to walk on their own. The surgery was performed by 93 doctors and nurses.

VOH Director Le Cong Dong said the award is now an annual event in celebration of Vietnamese Doctors’ Day (February 27).

Duong Anh Duc, Vice Chairman of the municipal People’s Committee, hoped the award will encourage more contributions to the health of the community to be made in the future./.

Sapa – Safe destination during epidemic

Sapa has always been among the most popular destinations for tourists during the Lunar New Year (Tet) holiday, and despite COVID-19 still raging around the world, the northern hill town again greeted a large number of visitors this time around.

Lao Cai province in general and Sapa in particular are considered safe, with zero cases of community transmission of the coronavirus. As a key tourism destination in the province, Sapa quickly adopted COVID-19 prevention measures at the beginning of the outbreak. Thanks to this, it was still able to welcome a huge number of visitors during the recent Lunar New Year holiday, with 60% of accommodation providers and restaurants open for business.

Every hotel and restaurant in town has carried out sanitation processes and strictly followed safety measures to protect visitors.

With mesmerising natural landscapes along with appropriate measures being carried out by local authorities, Sapa was one of the most popular and safest destinations in the country during the recent holiday./.

Aid offered for development of homegrown COVID-19 vaccine

The Ministry of Health (MoH) on February 27 received 20 billion VND (866,620 USD) from conglomerate Vingroup for the clinical trials of homegrown COVID-19 vaccine COVIVAC.

The candidate vaccine is being developed by the MoH’s Institute of Vaccines and Medical Biologicals (IVAC).

Speaking at the handover ceremony, Minister of Health Nguyen Thanh Long spoke highly of the support of enterprises, organisations and individuals for Vietnam’s fight against the COVID-19 pandemic.

The first “Made-in-Vietnam” ventilators were produced under the collaboration of the ministry and Vingroup, he noted, adding that the machines have been provided to localities nationwide.

Vietnamese scientists have regarded vaccine development as the key factor to contain the pandemic, and the MoH has spared no efforts in the research for vaccine in order to be able to produce the vaccine as soon as possible.

The COVIVAC vaccine project has been rolled out since May 2020.

Results of pre-clinical trials affirmed its safety and efficiency, and the IVAC has been able to produce three batches of vaccine consisting between 50,000 and 10,000 doses each.

Clinical trials of the vaccines are projected to start this March and complete by October, said IVAC Director Dr Duong Huu Thai.

A dose may cost no higher than 60,000 VND and the vaccine is effective against emerging coronavirus SARS-CoV-2 variants originated from the UK and South Africa, he affirmed.

Meanwhile, the third domestic candidate vaccine VABIOTECH developed by the Company for Vaccine and Biological Production No 1, is also set to enter clinical trials in the coming time./.

Politburo holds meeting with former Party officials

The Politburo and the Party Central Committee’s Secretariat hosted a gathering in Hanoi on February 27 with former members of the 12th Politburo, the Party Central Committee’s Secretariat and Party Central Committee.

Chairing the event, Party General Secretary and State President Nguyen Phu Trong said the Politburo and Secretariat highly value the great contributions that the former officials have made to the Party, people and country during the time they held important positions in central and local agencies.

He highlighted that the country had reaped comprehensive achievements last year. The entire Party, people and army stood united and fulfilled the working programme for the tenure.

After the 13th National Party Congress, the people have demonstrated their trust in the Party’s leadership and the country’s future, despite the impact of the pandemic.

The Party chief wished that the former Party officials will continue to make contributions to the Party, people and nation, and lend their experience in addressing important issues of the country.

Participants expressed their belief that the 13th Politburo, Secretariat and Party Central Committee will lead the country to a higher development level in the near future.

They pledged to continue contributing to the Party’s cause and strengthening solidarity in the Party.

Expressing pride in being a Party member, they vowed to set examples and lead the way in implementing the Party’s policies, mechanism and resolutions to build a prosperous country with democratic, equal and civilized society./.

US pledges to enhance cooperation with Mekong subregion’s countries

The US will bolster support for countries in the Mekong subregion through the Mekong-US partnership, US Principal Deputy Assistant Secretary of State for the Bureau of East Asian and Pacific Affairs Atul Keshap said at a recent online seminar to reveal results of a report on transboundary rivers and addressing challenges in Mekong River.

The report was based on outcomes of a virtual Indo-Pacific conference on enhancing management of transboundary rivers hosted by the East-West Centre last October.

Speakers at the event said that the Mekong subregion is facing challenges in security, development and climate change.

Keshap expressed the US’s concerns over impacts of hydropower dams in the Mekong River’s upper reaches on food security, economic development and environmental conditions of countries in lower reaches.

The US highly appreciates Vietnam’s efforts in pushing ASEAN’s cooperation to help the Mekong subregion cope with such challenges, he said.

Congressman Ted Lieu also affirmed that the US Congress wants the US government to further boost cooperation with the Mekong sub-region via the US-Mekong partnership. Since the launch of the Lower Mekong Initiative in 2009, the US has earmarked 3.5 billion USD for countries in Mekong River’s lower reaches.

At the event, Vietnamese Ambassador to the US Ha Kim Ngoc underscored the significance of water security, especially transboundary water resources, to peace and prosperity in the region.

Countries in the Mekong subregion share responsibilities for the use and management of Mekong River’s water resources in a sustainable manner in a bid to offset impacts on development and the environment, he added.

The diplomat affirmed that Vietnam is always a responsible member in joint efforts to cope with challenges in environmental issues, climate change, economic development and security in the Mekong subregion.

He proposed that countries work together to build regulations and legally binding frameworks to manage transboundary rivers.

He also called on the US and other partners to invest in the region in the spheres of energy, infrastructure, climate change adaptation and sustainable development./.

Bars and beer clubs on Bui Vien pedestrian street of HCM City

The municipal People’s Committee has ordered continued closure of dance halls, bars, karaoke parlours, pubs, beer clubs, and facilities for indoor sports activities like gym, fitness, billiards, and yoga centres.

Others not included in this list can be reopened but have to carry out all anti-coronavirus measures regulated by health authorities.

Besides, the set of safety assessment criteria in COVID-19 prevention and control must be seriously implemented in the fields of tourism, transport, and restaurant services, as well as at wholesale and retail markets, supermarkets, trade centres, relic sites, and libraries.

A distance of at least one metre from each other must be kept in those activities, and food service supplying establishments are not permitted to serve more than 30 people at the same time, according to the administration.

Meanwhile, religious activities and rituals at local places of worship can take place with no more than 50 participants at the same time. They also have to comply with other disease prevention measures regulated by the health sector, the People’s Committee said.

Earlier, the committee also permitted schools across the city to be reopened from March 1.

On February 23, the lockdown on an apartment block in Ward 13 of Tan Binh district was lifted. This was the last of the 35 sealed-off sites that had their COVID-19 lockdown removed in HCM City./.

Campaigns to provide 90,000 job opportunities to Vietnamese youngsters

The Ho Chi Minh Communist Youth Union’s Hanoi chapter has cooperated with recruitment platform TopCV.vn  to launch a campaign to provide 90,000 job opportunities to Vietnamese students and youngsters in and outside the country.

Running from March 1 to September 1, the campaign aims to support the youngsters and students to connect with enterprises having recruitment demands, while bringing more employment and internship chances to them, said Deputy Secretary of the chapter Tran Quang Hung.

Hung said that the campaign will assist 5 million young people in Hanoi and Hai Duong and Vietnamese students abroad to seek suitable employment, while helping them design curriculum vitae and necessary job applying skills.

Besides, it will support colleges and universities to link with companies having recruitment demands on TopCV.vn.

A number of online job bazaars will be organised, while a series of online training courses will be held to equip job seekers with skills to apply for employment, added Hung./.

PM asks for timely, transparent COVID-19 vaccine distribution

Prime Minister Nguyen Xuan Phuc has asked the Health Ministry to take responsibility for importing, receiving and distributing COVID-19 vaccines in a timely and transparent manner in line with instructions of the Politburo and Party Central Committee’s Secretariat.

The request was noted in Notice No.31/TB-VPCP dated February 25 along with other instructions that the Government leader made at a meeting of permanent Government members on pandemic prevention work.

The Health Ministry must work with the Foreign Ministry, especially Vietnamese embassies abroad, to access vaccine suppliers.

Vaccination for priority cases must be conducted quickly in accordance with the Government’s Resolution.

The PM also agreed with proposals by a number of localities including Hanoi and Hai Phong on buying vaccines using private financial sources.

Authorities of centrally-run cities and provinces are required to take the initiative in adopting suitable prevention and control measures based on the level of risk in each area, while ensuring smooth flows of goods, production and trade, thus minimizing negative impacts on trade and production and people’s lives.

The PM also demanded the strict enforcement of the 5K principle, especially the wearing of face masks, and pandemic prevention rules at workplaces, factories and trade and public facilities.

Authorities of pandemic-hit localities, especially Hai Duong and Hai Phong, must continue contact tracing, quarantining and testing in order to prevent any outbreak from spreading.

The Transport Ministry was assigned to partner with the Ministry of Industry and Trade (MoIT) and the Health Ministry to issue regulations on ensuring safety in transportation to/from and in pandemic-hit areas, particularly in key economic areas such as Hai Phong, Quang Ninh and Hai Duong.

The MoIT will be responsible for working with the Ministry of Agriculture and Rural Development and the Health Ministry to regulate the procedures for buying farm produce from pandemic-affected areas.

The PM assigned Deputy Prime Minister Pham Binh Minh to direct the repatriation of citizens from abroad and conduct timely quarantine in line with regulations./.

First 35 volunteers receive injections of home-grown COVID-19 vaccine in second-stage trial

The first 35 volunteers received injections of the home-grown Nano Covax in the second phase of human trial at the Military Medical University on February 26.

Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Military Medical University, Nanocovax is Vietnam’s first COVID-19 vaccine to reach the human trial stage.

The 35 volunteers were chosen among about 300 people who registered to participate in the second-stage trial of the vaccine at the University after undergoing rigorous medical examinations. They are divided into three groups for receiving three different doses of 25mcg, 50mcg and 75mcg, and one group with five people getting placebo.

According to a representative from the University, a total 560 volunteers, aged 18-60, including those with several diseases such as hypertension, dyslipidemia and diabetes, among others, will participate in the second-stage trial, which is carried out in Hanoi and the Mekong Delta province of Long An.

Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent authorities have been prepared for all scenarios and ensure safety for all volunteers.

Results of the trial will be announced in May 2021 before preparing for the third-stage trial during which only one single shot of the vaccine will be administered to 10,000-15,000 people from both domestic and foreign pandemic-hit regions, Quyet added.

Present at the second-stage trial of Nano Covax at Military Medical University, Deputy Prime Minister Vu Duc Dam encouraged the volunteers and the medical workers, while expressing his firm belief in the ability of the Vietnamese scientists in successfully developing COVID-19 vaccines.

The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against B117 variant from the UK.

Vietnam is one among 40 countries in the world that have started human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early into the pandemic.

The country also has several other COVID-19 candidate vaccines being developed, which are IVAC by the Institute of Vaccines and Medical Biologicals, VABIOTECH by the Company for Vaccine and Biological Production No 1, and POLYVAC by the Centre for Research and Production of Vaccines and Biologicals./.

First Hanoi market to be installed with solar panels

The government of Hanoi has approved a pilot project to install rooftop solar power panels for the iconic Dong Xuan Market in Hoan Kiem District, making it the first wet market in the capital city to be equipped with the solar power system, aimed at saving energy and reducing carbon dioxide emissions.

The market will be installed with 600 solar panels, which account for 18% of total area of the market’s roof. The system will generate 198 kWp of electricity.

The project is funded by the German non-profit limited company Engagement Global’s Servicestelle Kommunen in der Einen Welt (SKEW) through the following activities: enhancing the qualification and skills of employees of the district, which is in charge of operating and managing the pilot project using renewable energy; protecting the environment, saving energy, and using clean energy.

The project requires over 274,000 euros (US$333,000) in investment, with over 246,000 euros being provided by the German firm and the remaining amount being mobilized from legal sources by the district’s government. The project would be implemented from the date it was approved by the authorities to November 30, 2022.

After the pilot project is completed and proves effective, Hanoi will scale up the project to other places in the district.

Further, the government of Hanoi tasked the departments of Science and Technology, Industry and Trade, Natural Resources and Environment, Police and the Hanoi Power Corporation with instructing the project’s investor to conduct investment procedures, electricity connection, measuring and pricing activities in line with the prime minister’s decision on encouraging the development of solar power in Vietnam.

Trial on violations at Phu Tho ethanol plant to open on March 8

The Hanoi People’s Court will open a 10-day trial on March 8 to hear a case of violations of regulations on investment in construction works, causing serious consequences, at an ethanol plant in the northern province of Phu Tho.

The 12 defendants include former Chairman of the Board of Directors of the Vietnam National Oil and Gas Group (PetroVietnam) Dinh La Thang, former Chairman of the Board of Directors and former General Director of the PetroVietnam Construction JSC (PVC) Trinh Xuan Thanh, former General Director of the PetroVietnam PetroChemicals and Biofuel JSC (PVB) Vu Thanh Ha, former General Deputy Director of PetroVietnam Tran Thi Binh, former General Director of PVC Pham Xuan Dieu, former Deputy General Director of PVC Nguyen Ngoc Dung, former head of PVC’s economic and planning board Do Van Quang, former deputy head of PVB’s investment office Nguyen Xuan Thuy, former deputy head of PVB’s commercial office Khuong Anh Tuan, former head of PVB’s business office Le Thanh Thai, former chief accountant at PVB Hoang Dinh Tam, and Chairman of the Board of Directors and General Director of the Kinh Bac Petroleum Construction and Investment JSC Do Van Hong.

Trinh Xuan Thanh has been charged with “violating regulations on investment in construction works, causing serious consequences”, under Article 224, Clause 3 of the Criminal Code 2015, and “abusing position and power while performing duties” under Article 356, Clause 3.

Do Van Hong has been charged with “abusing position and power while performing duties”.

The 10  remaining defendants are facing charges of “violating regulations on investment in construction works, causing serious consequences”.

According to the indictment, Thang signed a resolution to approve the investment in the project in October 2007. With Thanh’s support, PVC/Alfa Laval/Delta-T joint contractors, who had no previous experience in carrying out ethanol projects, were assigned to be in charge of the project.

As a result, the project was continuously lagged behind schedule and stopped in March 2013 with no construction items done.

Wrongdoings of the defendants were said to cause a loss of more than 543 billion VND (23.49 million USD) for PVB./.

Vinh Phuc moves towards sustainable population development

The northern province of Vinh Phuc plans to have its entire population managed by the national population database system.

Under the province’s population strategy in the 2021-2025 period, it will provide health insurance and offer medical examinations and treatment to all elderly people at home and in healthcare facilities.

Vinh Phuc aims to maintain a reasonable age structure, with the ratio of children under 15 years old to be 23.5 percent and people aged 65 and over to be 9 percent.

It will bring the fertility rate closer to the replacement fertility level, increase the rate of women of reproductive age having convenient access to modern contraception and support in reproductive health to 95 percent, and halve the number of unwanted pregnancies.

The province aims to have 70 percent of young men and women obtaining health advice and check-ups before marriage, 50 percent of pregnant women being screened for at least four of the most common birth defects, and 70 percent of new-born babies being screened for at least the five most common congenital diseases.

It expects to see life expectancy of 75 years, while the urban population rate is to stand at 50 percent of the total.

The province is working to fully tap into its “golden population structure”, adapt to population aging, and improve quality of the population, thus contributing to its socio-economic development.

To reach these targets, provincial authorities will focus on improving mechanisms, policies, and laws on population, and bolstering the quality of population-related services.

It also has policies to encourage organisations, businesses, individuals, and production and distribution establishments to provide population-related services./.

Investors confident in Vietnam’s innovative startup ecosystem

Investors are confident in the potential of Vietnam’s innovative startup ecosystem, and believe the country will become a big investment market in the region and the world, according to head of the Vietnam representative office of Genesia Ventures, an investment fund of Japan, Hoang Thi Kim Dung.

According to a report published by Do Ventures – a venture capital fund that focuses on making investments in tech startups in Vietnam and Southeast Asia – in 2020, Vietnam’s innovative startup ecosystem ranked third in Southeast Asia, after Singapore and Indonesia.

Vietnam’s national innovation startup ecosystem is likely to earn a berth in the top 15 emerging ones in the Asia-Pacific region by 2030, the report said.

The Prime Minister in 2016 approved a project to support the national innovative startup ecosystem through 2025 under Decision No. 844/ QD-TTg (Project 844), which was designed to promote and support the formation and development of startup projects or startup enterprises and urgently complete the legal system to support innovative startups.

To further promote the development of Vietnam’s innovative startup ecosystem in an intensive manner, recently the PM has approved the amending and supplementing of a number of articles in Decision No 844/QD-TTg.

Vietnam hopes to establish international cooperation programmes with partners in at least five prestigious innovative startup ecosystems in the world by 2025, and attract more foreign resources to support domestic innovation startups.

According to statistics from the Project 844’s office, there are nearly 100 venture capital funds in Vietnam, including about 20 domestic funds. Each investment fund has different networks and strengths, so startups need to thoroughly research and group potential investors in accordance with their development orientation and goals./.

Vietnamese airlines gear up to transport COVID-19 vaccine

National flag carrier Vietnam Airlines and Bamboo Airways have said they are well prepared for the transport of COVID-19 vaccines for local pandemic prevention.

Bamboo Airways have put necessary resources in place for a couple of months, including the best possible means of transport, standardised vaccine storage, and effective arrangement of human resources.

A representative from the carrier said that wide-body aircraft Boeing 787-9 Dreamliner will be deployed for the mission, while staff with considerable experience will serve on the flights carrying COVID-19 vaccines.

Rehearsal was held regularly to ensure smooth transport of the vaccines, the representative said, adding logistics services, warehouses and refrigerated containers are ready for the mission as well.

Bamboo Airways also has experience in transporting critical goods to Northeast Asia, Europe, the Middle East and Australia. The carrier has receive good response from its customers and logistics firms.

In the meantime, Vietnam Airlines has proposed it be officially permitted by authorised health agencies to transport COVID-19 vaccines from overseas.

The carrier said it has prepared all necessary resources to meet the strictest requirements on vaccine transportation by air. It has sufficient logistics services, modern cold storage systems, and trained human resources that meet international standards.

It is ready to introduce refrigerated container services for carrying vaccines, as poor preservation can affect quality and efficiency.

The carrier will also set up a specialised unit to perform these tasks.

Vietnam Airlines also has experience in transporting medical supplies, such as medicine and surgical instruments, as wells organs for transplant, even in time-sensitive emergencies.

It can deploy a fleet of wide-body aircraft such as Airbus A350s and Boeing 787s to transport large quantities of vaccines.

Transporting COVID-19 vaccine is seen as a century mission of the global aviation sector.

In Vietnam, ensuring sufficient COVID-19 vaccine supply in 2021 is a priority of the Ministry of Health and competent ministries and sector.

The Ministry of Health said it is working to secure 90 million COVID-19 doses this year, and to implement the biggest vaccination drive in Vietnam’s history./.

Australian-funded course helps improve social work for abused women, children amid COVID-19

More than 30 consultants and social workers, on February 26, began a three-day Australian-funded course that helps them improve their work toward abused women and children during the current time of pandemic.

Sponsored by the Australian Government, the course is co-organised by the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and Vietnam’s Centre for Women and Development (CWD) as part of a project on emergency response to violence against women and children amid COVID-19.

Participants are currently working at the CWD in Ho Chi Minh City and Da Nang, as well as hospitals and social centres in the two cities.

During the training session, they will be provided with knowledge and skills to identify symptoms of stress and types of psychological trauma as well as practice some first aid and psychological care methods.

Statistics showed that, in the context of the pandemic, the rate of violence against women and children in Vietnam and in the world has increased by between 30 and 300 percent.

Nguyen Thi Thu Hoai, a social worker at CWD, said amid surging number of calls to a CWD hotline for abused women and children in conjunction with the pandemic happening, knowledge from the course will help her better approach and support the victims to soon ease their trauma./.

Vice President presents title of “People’s Doctor” to five doctors

A ceremony was held in Hanoi on February 26 to present the title of “People’s Doctor” to five lecturers of the Hanoi Medical University on the occasion of the Vietnamese Doctors’ Day (February 27).

Vice President Dang Thi Ngoc Thinh presented the title of “People’s Doctor” to Associate Prof. Dr. Tran Huu Binh; Associate Prof, Dr. Doan Quoc Hung; Associate Prof. Dr. Nguyen Quang Tuan; Associate Prof. Dr. Nguyen Huu Uoc, and Associate Prof. Dr. Nguyen Kim Viet. They are former and incumbent leaders of important faculties and institutes of different central hospitals.

Associate Prof. Dr. Doan Quoc Hung, Vice Principal of the Hanoi Medical University, said that he is proud of his contributions to the health sector and the caring for people’s health and the community as a doctor and a teacher.

Authorities of Saint Petersburg city updated with result of 13th National Party Congress

The Party Central Committee’s Commission for External Relations held a teleconference on February 25 to inform authorities of Saint Petersburg city and several agencies in Russia about the results of the 13th National Party Congress.

Speaking at the event, head of the commission Hoang Binh Quan briefed the participants on the freshly-concluded congress’s main outcomes, including the review of the implementation of the 12th congress’ Resolution, achievements during 35-year reform and 30-year implementation of the Platform on national development.

He also shared vision, goals, development orientations, tasks and measures decided by the 13th National Party Congress and personnel work.

About external policy for the tenure of the Congress, he affirmed that Vietnam continues the consistent external policy of independence, self-reliance, multilateralisation and diversification of external relations, active and proactive global integration, while maintaining an environment of peace and stability, and further improve Vietnam’s position and prestige on international arena.

The Vietnamese Party and State consistently treasure traditional ties and comprehensive strategic partnership with Russia, he said.

Participants said documents at the Congress reflect the strong will of the Vietnamese Party and people for a country of prosperity and well-being for citizens. They also highly valued Vietnam’s achievements in the cause of national construction and development.

Vice Governor of Saint Petersburg N.Bondarenko vowed to work with Vietnam to improve the efficiency of bilateral cooperation, step up practical projects in the fields of economy, trade, investment, tourism and people-to-people exchange, especially among the young generation.

Both sides also discussed orientations and several specific cooperation plans in the near future./.

Da Nang working to preserve, develop Cham relics

Leaders in the central city of Da Nang recently handed over a certificate to authorities in Hoa Tho Dong ward in Cam Le district recognising the Cham Phong Le archaeological site as a city-level relic, in an effort to improve the management and preservation of the site.

Vice Chairman of the municipal People’s Committee Le Quang Nam said the city is now home to two national special, 17 national, and 60 city-level relics.

Of these, only Cham Phong Le is named an archaeological relic, demonstrating its importance and exceptional values.

Excavations and studies reveal it is a large-scale architectural construction and part of the Cham tower system in the central region. The lives of Cham people in Amaravati land, as they called the area around Da Nang, between the 10th and 12th centuries are reflected through unearthed exhibits.

Nam took the occasion to request that Cam Le district leaders, people, and relevant agencies work together in the conservation and development of the relics.

The site was discovered by local residents in April 2011. The foundations of a brick construction and other elements were then found during an excavation by the Da Nang Museum of Cham Sculpture.

After three excavations on nearly 790 sq m, the entire scale and basic structure of a large Cham tower was exposed.

It is believed to be have been built by the Cham in early 10th century and remained a place of worship until the 12th century at least.

The Champa Kingdom, from where the Cham ethnic minority people originated, ruled what is today Vietnam’s central coastal region between the 4th and 13th centuries.

They built a range of distinctive towers across the kingdom. Some still stand today, such as Po Nagar in Nha Trang, Khanh Hoa province, Po Klong Garai and Po Rome in Ninh Thuan province, Nhan tower in Phu Yen province, and, especially, the 21 towers at the UNESCO-recognised My Son Sanctuary in Quang Nam province./.

Vice President presents title of “People’s Doctor” to five doctors

A ceremony was held in Hanoi on February 26 to present the title of “People’s Doctor” to five lecturers of the Hanoi Medical University on the occasion of the Vietnamese Doctors’ Day (February 27).

Vice President Dang Thi Ngoc Thinh presented the title of “People’s Doctor” to Associate Prof. Dr. Tran Huu Binh; Associate Prof, Dr. Doan Quoc Hung; Associate Prof. Dr. Nguyen Quang Tuan; Associate Prof. Dr. Nguyen Huu Uoc, and Associate Prof. Dr. Nguyen Kim Viet. They are former and incumbent leaders of important faculties and institutes of different central hospitals.

Associate Prof. Dr. Doan Quoc Hung, Vice Principal of the Hanoi Medical University, said that he is proud of his contributions to the health sector and the caring for people’s health and the community as a doctor and a teacher.

Australian-funded course helps improve social work for abused women, children amid COVID-19

More than 30 consultants and social workers, on February 26, began a three-day Australian-funded course that helps them improve their work toward abused women and children during the current time of pandemic.

Sponsored by the Australian Government, the course is co-organised by the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and Vietnam’s Centre for Women and Development (CWD) as part of a project on emergency response to violence against women and children amid COVID-19.

Participants are currently working at the CWD in Ho Chi Minh City and Da Nang, as well as hospitals and social centres in the two cities.

During the training session, they will be provided with knowledge and skills to identify symptoms of stress and types of psychological trauma as well as practice some first aid and psychological care methods.

Statistics showed that, in the context of the pandemic, the rate of violence against women and children in Vietnam and in the world has increased by between 30 and 300 percent.

Nguyen Thi Thu Hoai, a social worker at CWD, said amid surging number of calls to a CWD hotline for abused women and children in conjunction with the pandemic happening, knowledge from the course will help her better approach and support the victims to soon ease their trauma./.

GEF-funded project proves effective

The “Energy Efficiency Improvement in Commercial and High-Rise Residential Buildings in Vietnam” (EECB) project is expected to complete some of its commitments in 2021.

Funded by the Global Environment Facility (GEF) through the UN Development Programme (UNDP), the project’s goals are to reduce the intensity of greenhouse gas emissions from Vietnam’s building sector and to improve energy utilisation at commercial and high-rise residential buildings in HCM City and Hanoi.

Completion will be achieved through the implementation of the three following components: improved enforcement of energy efficiency building codes, building market development support initiatives, and building EE technology applications and replications.

Each component comprises a number of complementary activities designed to remove barriers to the stringent enforcement of the revised EEBC, and for the greater uptake of energy-efficient technologies, systems, and practices in commercial and residential buildings.

Vu Ngoc Anh, Director of the Science and Technology and Environment Department at the Ministry of Construction, who is also EECB director, said the project will complete mechanisms recognising energy consumption and announcing information on energy consumption, along with documents guiding the design, construction, and assessment of energy-efficient projects.

It has already studied energy consumption at 250 projects and recognised energy-efficient facilities. Many training courses within its framework have been organised nationwide.

The project fulfilled 11 of 14 set targets, including major targets like providing consultation for the national target programme on the economical and efficient use of energy, and contributing opinions on the Law on Construction.

The project is supporting the Ministry of Construction in amending a decree on the management of projects and their quality, and other documents.

UNDP Deputy Resident Representative in Vietnam Sitara Syed said relevant parties have made great efforts over recent times. But, she added, they need to further their close coordination and flexibly adopt different solutions to optimise results brought about by the project./.

Ca Mau: Nam Can crab, U Minh Hot Pot named among Vietnam’s Top 100 specialties

A species of crab in Nam Can district and a fish sauce hot pot in the U Minh Forest in the southernmost province of Ca Mau have been listed among the Top 100 specialties in Vietnam in 2020-2021 by the Vietnam Record Organisation (Vietkings).

Ca Mau dried shrimp and U Minh honey, meanwhile, are in the Top 100 Vietnamese specialty gifts.

The specialties will be granted certificates at an event on April 24 in Ho Chi Minh City.

Over the past 10 years, Vietkings has sought and promoted Vietnamese cuisine, contributing to elevating the Vietnamese catering and tourism industries./.

VFF Central Committee gives guidance on introducing candidates for upcoming elections

The Vietnam Fatherland Front (VFF) Central Committee’s Standing Board has issued a guiding document on the organisation of negotiations to introduce candidates for election to the 15th National Assembly (NA) and People’s Councils at all levels in the 2021-2026 tenure and election campaigns in localities hit by COVID-19.

Localities are instructed to hold the elections flexibly in accordance with the situation on the ground, ensuring the strict implementation of COVID-19 prevention and control measures.

Along with direct meetings, localities can choose other formats to collect voters’ opinions, such as online conferences or via email, SMS, mobile apps such as Zalo and Viber, and the post.

Earlier, on February 20 in Hanoi, Vice President and General Secretary of the VFF Central Committee Hau A Lenh and Vice President of the VFF Central Committee Nguyen Huu Dung co-chaired a meeting on guiding procedures to introduce candidates from central agencies, organisations, and units.

In the final step, an expanded meeting of leaders of the agency, organisation, or unit will be convened to discuss and make a final decision on the candidates to be introduced.

Candidates must complete documents for nomination by 5pm on March 14.

Addressing the meeting, Lenh said that from March 18, the VFF Central Committee Presidium will organise the second round of negotiations to discuss and make a list of candidates running for a seat at the 15th legislature.

The elections of deputies to the 15th NA and People’s Councils at all levels will take place in May./.

Nearly 300 volunteers in Long An engage in second-stage trials of Nano Covax

Nearly 300 volunteers in the Mekong Delta province of Long An are set to receive injections of Nano Covax in the second-stage human clinical trials of the COVID-19 vaccine candidate from Vietnam.

The Ministry of Health began the second phase of human trials at the healthcare centre of Ben Luc district on February 26.

The volunteers, chosen from more than 800 people who registered to take part, consist of two age groups: from 18 to 60 and over 60.

They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose.

Volunteers receiving jabs on the morning of February 26 will receive the second dose in late March.

The research outcomes of these second-phase trials will be available in late April.

The second stage human trials of Nano Covax are also underway in Hanoi.

Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Hanoi-based Military Medical University, Nano Covax is Vietnam’s first COVID-19 vaccine to reach the human trial stage.

According to a representative from the university, a total of 560 volunteers, including those with other ailments such as hypertension or diabetes, among others, will participate in the second-stage trials in both localities.

Lieutenant-General Do Quyet, Director of the Military Medical University, said that since the trial is seeing the participation of volunteers with underlying health conditions, relevant authorities are prepared for all possible scenarios and will ensure the safety of all volunteers.

The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against the B117 variant from the UK.

Vietnam is one of 40 countries and territories in the world to have begun human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early in the pandemic.

The country also has other COVID-19 candidate vaccines being developed: IVAC from the Institute of Vaccines and Medical Biologicals, VABIOTECH from the Company for Vaccine and Biological Production No 1, and POLYVAC from the Centre for Research and Production of Vaccines and Biologicals./.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes

Young people donate their blood

In his opening remarks, Director of the National Institute of Hematology and Blood Transfusion (NIHBT) Bach Quoc Khanh, who is head of the festival’s organizing board, said that the festival has been held annually since 2008 to address blood shortages after the lunar New Year holiday, and gradually changed public awareness of blood donation.

After 13 editions, the festival has collected over 85,000 blood units and become the annual biggest blood donation event.

Khanh took the occasion to express his gratitude for donators nationwide.

The 14th edition is taking place from March 1-7 at the NIHBT headquarters, and three fixed places – 26 Luong Ngoc Quyen in Hoan Kiem district, 132 Quan Nhan in Thanh Xuan district, and Valley 122 of Lang Street in Dong Da district.

The organizing board expects to receive over 4,000 blood units during this year’s festival, which then will be allocated to nearly 180 hospitals and medical establishments of 28 provinces and cities in the northern region.

It has also made thorough preparations to welcome donors so as to ensure COVID-19 prevention and control as recommended by the World Health Organisation and the Health Ministry./.

Fatal coach crash kills three, injures 4 in Dong Thap

A serious traffic accident caused by a passenger coach took place on National Highway 54 in Tan Thanh Commune of Dong Thap Province’s Lai Vung District this morning, March 1, killing three and injuring four people.

The passenger coach with plate number 51B-17273 driven by Tran Van Nam, aged 41, was heading from Vam Cong Bridge to Vinh Long Province when it plowed into a group of 10 bike riders and killed a rider, identified as Tran Van An, aged 59.

The passenger coach continued slamming into two electric poles and a tree on the pavement, damaging the front of the coach. Local residents immediately took some injured passengers onboard the coach to hospitals.

However, two passengers, identified as Nguyen Ngoc Son, aged 38, and Nguyen Huu Ly, aged 46, were reported dead on the way to the hospital. Besides, the driver, the conductor and two other passengers suffered severe injuries.

The police of Dong Thap Province are investigating the deadly accident, the local media reported.

Students in HCM City back in school

Students in HCM City returned to school on Monday after an extended Tết (Lunar New Year) holiday due to the resurgence of COVID-19 in late January.

Schools had to take preventive measures including classroom and hand sterilisation, body temperature checks and health declarations.

Phùng Thị Ngọc Hiền, principal of Tuổi Thơ Kindergarten in District 8, said 90 per cent of surveyed parents wanted their children to return to school.

“The school has sterilised classrooms, equipment and toys and communicated with parents to together help children take preventive measures at home and at school,” she said.

At a young age, parents and teachers have to actively help children take preventive measures. The school, which offers day boarding services, pays attention to food safety and hygiene and has desks in front of the school gate for parents to make health declarations, she told the Vietnam News Agency.

Sương Nguyệt Anh Secondary School in District 8 had 29 absent students on the first day back as parents let them stay at home for further monitoring due to sickness.

According to Nguyễn Hoàng Dũng, the school’s vice-principal, the school followed the curriculum for the new week as planned and reviewed the knowledge of the previous week.

During the holiday, about 900 out of more than 1,200 students of the school attended live online learning sessions. Others who couldn’t attend studied through videos uploaded on the school’s website or other channels.

Nguyễn Bỉnh Khiêm Primary School in District 1 opened its gates to welcome but did not hold an outdoor morning session at the school yard to ensure safety.

Lê Hồng Sơn, director of HCM City Department of Education and Training, said schools in the city had made preparations to welcome students back. Thanks to experience from previous COVID-19 resurgences, they planned to respond to any scenario with teachers more active in pandemic prevention and control work.

In Ia Pa District, a COVID-19 cluster in the Central Highlands province of Gia Lai, more than 11,000 students of 31 schools returned to school on Monday.

All of the schools were sterilised and strictly followed COVID-19 prevention protocols and 83 teachers are currently quarantined at home.

Students living in locked-down areas near the house of Patient No 1696 in Ayun Pa Town who tested positive again will continue to stay home.

Schools in Ia Pa District have prepared one extra room each for quarantining students who have high body temperatures and show symptoms.

Sixty out of 63 cities and provinces nationwide have re-opened schools after the new year holiday.

Hà Nội’s students will return to school on Tuesday. Local authorities said the capital city re-opened schools later than other localities as March 2 will be the 14th day the city has not recorded any new community cases of the virus.

Hải Phòng City has decided to let their students return to school on March 8. Other activities like festivals, religious events, sports, weddings and funerals, entertaining activities, karaoke, massage, bars and theatres are still suspended.

Hải Dương City authorities said they would keep schools shut until March 14.

Vietnam tightens control over illegal immigration

One third of provinces bordering with Cambodia have tightened entry procedures on people coming from this country.

Vietnam has toughened up control over unlawful immigration in the region bordering with Cambodia after people returning from the neighboring country found infected with Covid-19.

A number of southern provinces bordering with Cambodia like Dong Thap, An Giang, and Kien Giang have asked its border guards to keep vigilance on the movements in boundary areas after Dong Thap detected two cases between February 26 and 28.

The southern provinces are under threat of local transmission as Vietnamese nationals attempt to return their home country after the pandemic has broken out in Cambodia since February 20, according to Doan Tan Buu, deputy chairman of the Dong Thap People’s Committee.

It means that the region is in danger of imported coronavirus infections, leaving the localities under high alert and requiring them to closely follow the 5K (in Vietnamese) measures namely masking, disinfection, distance, no gathering, and health declaration.

Following the community transmission, local governments require all returnees from Cambodia to go to concentrated quarantine centers, make health declaration, and be available for testing.

After the local authorities confirmed two people who are Vietnamese nationals returning from Cambodia, Dong Thap has suspended entertainment activities and festivals and closed schools in some districts.

Meanwhile, An Giang has raised its coronavirus alert to the highest level, setting up 176 checkpoints and 11 mobile teams against Covid-19 and intensifying border patrols.

The Military Command in Kien Giang has toughened management in quarantine centers that accommodate Vietnamese people coming from Cambodia.

Given threat of imported Covid infection, different localities across Vietnam have laid a close eye on illegal immigrants. As a result, police in Nghe An, Danang, Binh Duong, Binh Phuoc, Soc Trang, and Tra Vinh have arrested dozens of Chinese outlawed immigrants.

Vietnam’s biggest coronavirus hotpot to end social distancing from March 3

The northern province of Hai Duong, the nation’s biggest coronavirus hotspot, is set to bring social distancing measures to an end on March 3, with efforts being made to return to a “new normal”.

During a virtual conference held on March 1, Pham Xuan Thang, secretary of the Hai Duong provincial Party Committee, said the locality would continue striving to eliminate the novel coronavirus (COVID-19) pandemic whilst tackling difficulties in boosting socio-economic development.

Thang noted that the local administration is ready to actively control the spread of COVID-19 pandemic by maintaining approximately 11,000 community-based anti-coronavirus groups.

Various COVID-19 preventive measures will be in place, especially in high-risl areas, in order to keep the virus at bay in the community, Thang added.

He also outlined that the local administration would move to cushion the impact of the fresh outbreak on business production and people’s life.

Hai Duong has recorded 665 community infections since the virus recurred in late January 2021. Of the total, 297 patients have been discharged from hospital after making a full recovery from the virus.

Mekong Delta province quickly tracks down contacts of Covid-19 imported case

The Mekong Delta Province of Dong Thap authority and related agencies have been working to track down close contacts with a woman who illegally entered Vietnam and tested positive for SARS-CoV-2.

Chairman of the People’s Committee in Dong Thap Province Pham Thien Nghia yesterday presided an urgent meeting with responsible agencies upon detection of a positive Covid-19 case who was quarantined in a centralized ward.

The Department of Health in Dong Thap yesterday said 11 people had come into contact with the female patient 2,424 who illegally entered Vietnam. Of 11 close contacts, nine tested negative for the first time.

Responsible forces will continue tracking two other close contacts F1 including a driver meanwhile 52 contacts F2 were asked to self-isolate at homes.

Director of the provincial Center for Disease Control Tran Van Hai said that the patient 2,424 had experienced clinical symptoms of Covid-19; hence, it is highly possible that she had been infected with the coronavirus before entering the Southeast Asian country illicitly; subsequently, community transmission is very high. As a result, the health sector is determined to track down all close contacts to quarantine.

Another case is a 37-year-old sailor hailing from the Mekong Delta Province of Hau Giang who returned to Vietnam from Cambodia with a friend on February 25. In the next day, they completed formalities in Thuong Phuoc international border to enter Vietnam and then they were brought to a collective quarantine facility  in Hong Ngu District.

Chairman Nghia said that the province temporarily stopped all festivals and entertainment events in districts Hong Ngu, Tan Hong and Hong Ngu Town for the fight against Covid-19.

The Department of Education and Training also allowed all students from preschools to continuous education facilities in border districts Hong Ngu, Tan Hong and Hong Ngu Town to stay at home till March 6.

Ho Chi Minh City-based Pasteur Institute yesterday announced test results of a suspected Covid-19 man in Vinh Chau town in Soc Trang Province have shown he was negative for SARS-CoV-2. Before, the man was tested positive when applying for a job in Bac Lieu Town.

The Center for Disease Control in Kien Giang Province said that Covid-19 development in Cambodia has been very complicated after Tet holiday (the Lunar New Year) with more community transmission infections; therefore, more Vietnamese people decided to return to Vietnam through international border gate Ha Tien in these last days.

Statistically, from February 24 to 26, over 150 immigrants completed formalities into Vietnam. All were brought to centralized quarantine facilities undergoing tests.

Science ministry strengthens research to tackle COVID-19 pandemic

The Ministry of Science and Technology will continue strengthening research to serve COVID-19 pandemic prevention and control this year, especially researching and producing vaccines.

The ministry has worked with agencies to provide scientific information relating to the pandemic developments.

The ministry said from the very first days when the virus arrived in Việt Nam, the ministry worked with experts and scientists to research the epidemiology, virology and treatment regimen, including biological products for testing.

Soon, many sets of biological products were mass manufactured to serve pandemic prevention and control, the ministry said.

Next, the real-time reverse transcription-polymerase chain reaction (RT-PCR) kit, used to detect the SAR-CoV-2 virus, was made by Việt Nam Military Medical University in March 2020 and then put into mass production.

Lieutenant-General Đỗ Quyết, director of the university, said the RT-PCR kit was created thanks to efforts and the innovative spirit of both university’s scientists and Việt Á Technology Joint Stock Company.

Following the success, the university linked up with the Pasteur Institute in HCM City to shorten the time spent researching its Nano Covax vaccine. With the support of the institute, the research time was cut from six to three months, he added.

The first phase of the vaccination trial was conducted on December 17, 2020. The results of the first-phase trial of the Nano Covax vaccine showed the vaccine was safe and 90 per cent effective.

Quyết said the first trial vaccination injection of the second phase would be conducted on Friday, with the second trial vaccination injection at the end of March. The results of the second-phase trial would be revealed at the end of April.

The number of volunteers who registered to be given Nano Covax in the second phase of the trial has reached nearly 1,000 so far.

If the results met requirements on safety and immunogenicity, the third phase of the vaccination trial would start in early May, he said.

The vaccine’s third-phase trial needs 10,000-15,000 volunteers and the selection of participants would be expanded to ensure a broad-spectrum target for vaccination, he said.

Tien Giang irrigation projects protect crops in dry season

The Cửu Long (Mekong) Delta province of Tiền Giang has invested in 70 in-field irrigation projects on 27,000ha of farming land in the coastal districts of Gò Công Đông and Gò Công Tây during the 2020 – 21 dry season.

The projects, which cost a total of VNĐ15 billion (US$650,000), include building or upgrading in-field irrigation canals and ditches that ensure water and help to prevent saltwater intrusion in the dry season.

The projects have protected more than 18,000ha of rice, 6,000ha of vegetables and 3,000ha of other crops from water shortage and saltwater intrusion in the winter – spring crop.

They have also helped to secure daily-use water for 38,000 households in coastal areas.

In Gò Công Đông, besides investing in in-field irrigation canals and ditches, local authorities have built four new sluices for taking irrigation water since the beginning of the dry season.

The district has organised the collection of rubbish and water hyacinths on in-field irrigation canals and ditches so that irrigation water can flow easily into each field.

The district has taken measures to restructure agricultural production to suit each area, according to local authorities.

In the winter – spring crop, farmers in Gò Công Đông have expanded cultivation of vegetables and other crops on 1,500ha.

Gò Công Đông and Gò Công Tây districts normally face severe saltwater intrusion in the dry season and face shortage of irrigation water at the end of the winter – spring crop.

The two districts have also expanded advocacy activities about the impact of saltwater intrusion to the public.

Local authorities in the two districts have encouraged farmers to dredge irrigation ditches in orchards to preserve fresh water for irrigation.

Ngô Văn Dũng, head of the Gò Công Tây Bureau of Agriculture and Rural Development, said the district has invested in irrigation projects and taken measures to cope with saltwater intrusion and drought.

Besides investing in in-field irrigation canals and ditches, the district has built 124 temporary dams to preserve irrigation water for the dry season, he said.

In the ongoing winter – spring crop, the two districts have solved the shortage of irrigation water for growing rice and other crops as more irrigation projects have been built and the winter – spring crop rice was planted earlier than normal.

Farmers are having a bumper harvest of winter – spring rice, getting a yield of 6.5 tonnes per hectares, up 1.2 tonnes against the last winter – spring crop, according to local authorities.

Profits from growing vegetables are two to three times higher than from rice, said local authorities.

HCM City to clean more of its polluted canals, relocate poor people living along them

HCM City plans to clean up more of its canals in 2021-25 and relocate people living in utter poverty along them.

It has set a target of moving out 10,000 families from near canals in Bình Thạnh, Bình Tân, 4, 7, and 8 districts.

Its plans include cleaning the Xuyên Tâm Canal passing through Bình Thạnh and Gò Vấp districts and building an underground drainage system in the Tham Lương and Bến Cát areas.

The works will be funded by both public and private resources.

The canals’ banks will be widened by 20 per cent to attract investment and offer to investors to set up malls and other commercial establishments.

According to the president of the HCM Real Estate Association (HoREA), Lê Hoàng Châu, the investment could be used to develop the banks.

Relocation of the families living along the canals is one of five projects to improve people’s quality of living that the city had drawn up for 2016-20.

It had hoped to move all 21,851 households by 2020 at a cost of VNĐ44 trillion (US$1.9 billion) but only managed to resettle 2,479 of them.

The biggest hurdle was the lack of funds to pay compensation and build resettlement housing.

Lê Trần Kiên, deputy head of the Department of Construction’s urban development department, said the task had required VNĐ10 trillion but only VNĐ2.1 trillion was available.

The canals targeted for a clean-up are minor and so failed to attract investors.

The city has a solid record in cleaning up canals as evidenced by its successful revival of the Nhiêu Lộc – Thị Nghè and Tân Hóa – Lò Gốm canals.

Trần Vĩnh Nam, an architect, is all praise for the present living conditions along the Tân Hóa – Lò Gốm Canal: “This place used to be too polluted and foul-smelling for any creature to live.

“Now [after its clean-up], property prices along it are rising thanks to a complete transformation.”

The city has also completed various sanitation projects such as improving its drainage system, dredging 81.2km of canals, and cleaning up 60km of canals to improve the environment and people’s quality of life.

In the next few years it plans to clean more canals to prevent floods and improve the environment.

Revenues from forest environmental services could reach $121m in 2021

The Việt Nam Administration of Forestry (VNFOREST) aims to collect VNĐ2.8 trillion (US$121.7 million) from forest environmental services this year.

Under this policy, forest service users like tourism businesses or hydropower plants will have to pay according to their use of forest resources to forest owners, who are local individuals, households, organisations or communities.

According to VNFOREST Deputy Director Phạm Văn Điển, forest carbon sequestration and emission reduction services, a new feature of 2021, will add between VNĐ300 to 500 billion to the sector’s annual income from environmental services.

Last year, the revenue from those services stood at VNĐ2.56 trillion, meeting 91 per cent of the yearly target.

The number fell short of expectations due largely to severe water shortages at large hydropower reservoirs in the north like Hoà Bình, Sơn La, and Lai Châu between the fourth quarter of 2019 and the second quarter of 2020, said the Việt Nam Forest Protection and Development Fund (VNFF). The shortage affected the performance of hydropower companies.

In addition, the COVID-19 pandemic impacted the production and operations of businesses employing these services.

The fund said revenues from forest environment services supported 226 forest management boards and 138,000 forest owners, while creating incomes for 81 forestry companies and livelihoods for more than 172,000 families in mountainous areas, helping lift their living standards.

Revenues from forest environmental services have become a sustainable source of finance that helps to increase the value of the forestry sector as well as contributes to GDP growth, according to the fund.

Điển said the revenues come from exploiting the forests so the collection of the revenues should be re-invested into the protection and development of forestlands. Some of the revenues are used in efforts to improve forest management, preserve biodiversity, create jobs, sustainable livelihoods and raise public awareness.

He said the current amount still does not reflect the true benefits the forests have brought about.

According to Điển, forest environmental services income is now mainly sourced from hydropower plants and firms producing clean water.

Experts recommended collecting environment service fees from other sources like ecotourism businesses, industrial production establishments, and aquaculture facilities.

Vietnamese prioritise health, finance following pandemic: survey

A year on since the Covid-19 pandemic first began Vietnamese are taking more control of their health and finance, driving greater interest in fitness and well-being along with insurance and retirement planning, as Asia looks to the longer-term impact of the disease, according to new research from Manulife.

The latest version of the ‘Manulife Asia Care Survey’ takes a closer look into customers’ concerns, priorities and aspirations, polling 4,000 people across the region who either own insurance or intend to buy it in the next six months, including around 520 in Việt Nam.

Nearly all (95 per cent) of those who worry most about Covid have made an effort on a personal level to improve their overall health, mostly through more regular exercise (58 per cent) and improved diet (54 per cent).

In Việt Nam, all the respondents said they had taken action to help them manage Covid, with 72 per cent saying this included doing more regular exercise. More people in Hà Nội (85 per cent) do more regular exercise than in HCM City (73 per cent).

Almost everyone is self-monitoring health, and Vietnamese pay the most attention to the number of steps walked (44 per cent) among the four emerging markets covered in the survey, against a regional average of 38 per cent.

Three out of five (60 per cent) of Vietnamese also own fitness wearables, well above the regional average of 46 per cent.

A large majority of Vietnamese (79 per cent) also said retirement planning has become more important since Covid-19 started, below the Philippines (90 per cent), Indonesia (88 per cent) and Malaysia (83 per cent) but higher than all the developed markets.

The regional average is 73 per cent.

This high level of interest in retirement ties in with their concerns about personal wealth.

In Việt Nam, more than half (52 per cent) thought their personal wealth would decline as a result of Covid-19. The rate was only higher in Hong Kong (58 per cent) and Singapore (55 per cent).

Aligned with taking better control of health and finance is an interest to buy new insurance.

In Việt Nam, a remarkable nine out of ten (91 per cent) said they intend to buy new insurance in the next six months, higher than anywhere else in the region. The regional average is 71 per cent.

The Vietnamese respondents were most interested in life, hospitalisation, accident and critical illness cover.

Three quarters (75 per cent) of Vietnamese respondents, again more than anywhere else in the region, said they prefer to manage their policies through digital means such as mobile apps, including for claims and payment.

The survey found that 71 per cent of them had spoken to an agent about purchasing insurance, well above the regional average of 64 per cent, with only Hong Kong (77 per cent) and mainland China (76 per cent) scoring higher.

“Vietnamese insurance customers are seeking more digital touchpoints that are safe, simple and convenient,” Sang Lee, CEO of Manulife Vietnam, said.

“While those digital habits are here for the long term, a good many still like to speak to their agents. This underscores the importance of our omnichannel approach, one that fully integrates digital, while maximising our human qualities of empathy, trust and a holistic understanding of our customers’ needs.”

Đồng Tháp adds 14 new community-based tourism areas

The People’s Committee of the Mekong Delta province of Đồng Tháp has approved 14 new community-based tourism areas.

The province has around 100 community-based tourism areas, mostly situated in Cao Lãnh and Sa Đéc cities, and Lai Vung, Tam Nông and Tháp Mười districts.

“The province’s approval aims to turn Đồng Tháp into a popular and attractive destination for tourists and even tourism agencies,” Ngô Quang Tuyên, deputy director of the province’s Culture, Sports and Tourism Department, said.

Tuyên said community-based tourism has been booming in the Mekong Delta. It has helped to promote the value of agricultural products, create more jobs in rural areas, and bring stable sources of income for local households.

Only five households at the Tháp Mười Lotus Tourism Area in Tháp Mười District initially offered tourism services. But now the number has reached dozens of households. They offer different kinds of services like boating on lotus ponds, catching fish, and enjoying local authentic dishes.

Before the COVID-19 pandemic, the tourism area served an average of 10,000 visitors per month, and even 1,000 visitors a day on national holidays and Tết (Lunar New Year).

The Tam Nông District, where the Tràm Chim National Park is located, established a tourism association to promote local specialties, tourism products and service quality.

The association now has 30 members, offering services such as food and beverages, homestays, tour guides, and community activities.

The tourism areas in the district welcome about 100,000 local and foreign tourists every year.

Tuyên said agriculture was also a strong advantage for Đồng Tháp to develop community-based tourism. It has diverse products such as flowers, fruits and seafood.

Each agritourism spot in the province has an area of 5,000 square metres to over one hectare, attracting 500-1,000 visitors each day, mostly on weekends.

The most-visited spots are the date palm garden in Sa Đéc City, the Tân Thuận strawberry garden in Cao Lãnh City, and Ba Tuấn grape garden in Hồng Ngự District, where tourists can enjoy fresh and clean fruit and take photos.

Võ Minh Tiến, the manager of the date palm garden, said the harvest season of dates in April of the Lunar New Year attracted 300-400 visitors a day.

One of the most-visited tourism destinations in Đồng Tháp is the Sa Đéc Flower Village on an area of 313ha planted with more than 2,000 types of flowers, bonsai trees, and ornamental trees from different regions of Việt Nam.

The village now has dozens of households offering tourism services and homestays like Happy Land Hùng Thy, Bamboo House Homestay, and Ngọc Lan flower observatory tower.

Tuyên said: “Community-based tourism is helping farmers in Đồng Tháp to improve their income.”

Total revenue from community-based tourism areas between 2016 and 2020 was more than VNĐ43 billion (US$1.86 billion).

Community-based tourism also helped Đồng Tháp rank number three in the number of tourists in the Mekong Delta region, Tuyên added.

New rom-com highlights Vietnamese women

The award-winning film producer and director Nhất Trung has announced a new project called 1990 that highlights the career and life of successful Vietnamese women.

1990 is a rom-com work revolving around a group of three close friends with different personalities. When all three women turn 30, they must face challenges in life, marriage, love and career. They learn to help each other to overcome problems.

Trung, who is also the film’s scriptwriter, told local media: “Most Vietnamese films’ leading characters are male, featuring topics about love. Not many films highlight female characters.”

The film stars famous actresses Ninh Dương Lan Ngọc, Nhã Phương and Diễm My 9x, who were born in 1990 and turned 30 during the filming last year.

Trung said all three actresses were best friends in real life. Their lives were the inspiration for making 1990.

“In recent years, my studio has changed to develop topics which have been rarely mentioned in Vietnamese cinema,” Trung said, adding that his future projects may be less attractive to audiences.

Director Trung become known for his rom-com Cua Lại Vợ Bầu (Win My Baby Back) which was released in late January 2019, during the Tết (Lunar New Year) holiday.

The film raked in more than VNĐ191.8 billion (US$8.33 million) in ticket sales, one of the highest-grossing Vietnamese movies of all time. Nearly 2.7 million tickets were sold within two months.

The work features love themes using comedy and exciting action, starring Ninh Dương Lan Ngọc, winner of the Golden Kite award for Best Actress in 2010 and 2015, and famous comic actor Trấn Thành.

The film won the Silver Lotus Award for best movie at the 21st Việt Nam National Film Festival in Bà Ria-Vũng Tàu in late November 2019.

It also brought Trung the prize for best scriptwriter, and Trấn Thành the prize for best leading actor.

Trung’s new movie 1990 is in post-production, and is expected to be released in cinemas on April 30.

Hip hop competition in HCM City

A competition called “Ayyo Hiphop 2021” with professional and amateur dancers from HCM City and neighbouring provinces will be held at the HCM City Labour Cultural House on March 6.

There will be separate sections for men and women. Dancers will have 45 minutes to show their style.

The judges will include top dancers like Snoop Gee from La Difference dance crew, Shunen from XClown Crew, and Libra from Street Ladies, who will also offer a dance workshop at the event.

The event will feature DJ Rufu of XClown Crew and MC Son Clown of Destiny Family.

It will take place from 4-6pm at 55B Nguyễn Thị Minh Khai Street in District 1. Entrance fee is VNĐ100,000.

Hip Hop has become mainstream and well-loved by the youths of HCM City in recent years. To please the savvy clientele, some giants of the nightlife industry have organised weekly Hip Hop night events in the city where every Hip Hop events are guided by resident DJs.

Hip Hop music has also evolved and claimed its dominant position in the most envied nightclubs in the city. The Hip Hop community does not only include break-dance and grafitti lovers, but also branches out to those who have fallen in love with the pumping beats.

Vietnamese tourism clip passes one million views on YouTube

A clip that introduces Vietnamese culture and cuisine has reached 1.1 million views on YouTube after being uploaded on February 11.

The one-minute clip was released as part of a tourism promotion campaign entitled “Vietnam: Di de yeu!”, “Discover Vietnam” in English”, with the purpose of making the country more popular among travelers via the digital-media platform.

Created by the Vietnam National Administration of Tourism (VNAT) after receiving support from both Google and VinPearl, the campaign is part of a wider programme launched by the Ministry of Culture, Sports and Tourism to promote the country as a safe and attractive destination.

The campaign features various clips from famous YouTube creators such as Khoai Lang Thang, Chan La Ca, Fly Around Vietnam, and H’Hen Nie, Miss Universe Vietnam 2017, all of whom enjoy a great influence among young demographics and also boast a large number of subscribers.

The scheme is expected to help stimulate domestic travel demand whilst also providing useful information for tourists.

Ha Giang tourism earns VND12 billion over festive period

The northern province of Ha Giang welcomed 12,000 tourists, including 105 foreigners, during the Lunar New Year, known locally as Tet, raking in an estimated VND12 billion in tourism revenue, according to the Ha Giang Department of Culture, Sports and Tourism.

Although several potential visitors canceled their tours to Ha Giang due to the complicated nature of developments relating to the novel coronavirus (COVID-19), these achievements can be viewed as positive compared to the general situation of the domestic tourism sector.

The majority of tourists designed independent trips while the number of visitors booking accommodation makes up roughly 30% of the total.

Most visitors came to the province to meet their relatives, travel for spiritual tourism, or check-in at tourist sites in the locality such as Vi Xuyen district and four districts in the Dong Van Plateau Geopark.

The People’s Committees at municipal and district levels, tourism associations, and travel firms strictly followed epidemic prevention regulations while welcoming guests to the province.

In addition, visitors had a heightened sense of awareness about the necessity to take preventive measures, such as wearing facemasks, washing hands with antiseptic, filling in medical declarations, and maintaining a safe distance in public places.

During Tet, a number of localities in Ha Giang province organised a wide range of cultural and sporting activities, along with traditional festivals, as a means of allowing guests to discover and experience the cultural values ​​of the ethnic people who inhabit the local area.

Moreover, the Tourism Association also implemented a scheme aimed at stimulating tourism by offering discounts of between 10% and 20% on the costs of tourism service to mark the occasion.

Northern regions brace for cold spell from March 2

The country’s northern provinces are set to endure a cold snap with foggy and drizzly conditions on March 2, according to the National Centre for Hydro-meteorological Forecasting.

The cold front is poised to directly impact both northern mountainous localities and north-central provinces.

In line with this forecast, local temperatures will fall to around 16 degrees Celsius to 19 degrees Celsius, with some mountainous areas even seeing temperatures drop to as low as 14 degrees Celsius.

Hanoi is set to see the cold spell cause temperatures to remain at 18 degrees Celsius on March 2, with the chilly period lasting for several days. During the weekend hot weather is set to return to the capital, with temperatures rising to 25 degrees Celsius to 27 degrees Celsius.

Despite these drops in temperature, the cold spell will have little impact on the northwestern region. Provinces such as Nghe An and Ha Tinh provinces will likely only see local people feel the cold at night and early in the morning.

Haiphong reopens cafes and restaurants

The northern city of Haiphong has reopened local cafes and restaurants from today, March 1.Under the municipal people’s committee’s decision issued on February 28, from today, all local cafes and restaurants in the city are allowed to be reopened. The other services, including hairdressers, casinos, golf courses and bus stops are also permitted to be resumed.

Events such as festivals and religious ceremonies, sports tournaments, wedding parties and gatherings with more than 20 people are not allowed to be reopened.

Non-essential services such as karaoke parlours, bars, cinemas and dental clinics will remain suspended until further notice.

Only 70% of cars of the city’s taxi firms are permitted to operate again, and only serve no more than 50% of customers.

Schools in Haiphong will be reopened from March 8.

Labourers who come to Haiphong from Covid-19-affected areas have to take.

Covid-19 tests and only those with negative results can enter Haiphong to work. Those from Hai Duong must test negative for the virus before coming to Haiphong. They will be also quarantined for 14 days in Haiphong before being permitted to work.

The “connection” between traditional and modern music

In recent years, Vietnamese music lovers have witnessed the birth of many works combining traditional and modern music.

The video “Xam Hanoi”, which shows young singer Nguyen Thi Ngoc Ha (Ha Myo)’s love for the capital city through Xam (ballads sung by wandering blind musicians), was one outstanding example.

This is the first time the traditional Xam art of song was perfectly combined with rap and electronic music and modern choreography, creating a new music product bearing the charm and beauty of folk culture while featuring the freshness of the modern arts.

The video “Xam Hanoi” has rapidly received a warm response from a large number of young music listeners after arrived in the digital environment. This is on example highlighting the “connection” between modern and traditional music.

Young artist Ngo Hong Quang is also a remarkable face possessesing many works that exploit the rich traditions of music from around the country. He has finished an album entitled “Tinh dan” featuring many indigenous music styles of Vietnam.

Earlier, singers such as Hoang Thuy Linh and Bich Phuong also made their marks with pop songs imbued with folk music or inspired by traditional culture.

It can be seen that this feature of traditional music in composition has become a trend for many young artists over recent years, contributing to a new wind affecting contemporary musical life.

This composition trend is considered a rope connecting modern music lovers with traditional music. It has not only brought about a new style but also highlighted Vietnamese identities in contemporary music.

On the contrary, many traditional art works now feature modern musical elements to conquer young audiences. One highlight is the Cai Luong (reformed opera) and circus play entitled “Cay gay than” (Magic stick) by the Vietnam Cai Luong Theatre and Vietnam Circus Federation.

The play was an audacious experience as the familiar Cai Luong ancient songs were added to a background of jazz music and featured the appearance of rap music in some scenes. All have created an interesting “opening” for Cai Luong that is not only admired young people but has also surprised veteran artists.

The newly released play “Son Hau – Beyond The Mountain” by young directors Nguyen Quoc Hoang Anh and Ha Nguyen Long has also rejuvenated the ancient art of Tuong (classical drama) through attractive performances of hip hop dance on a background of electronic sounds.

This exploitation of modern music is a way to bring traditional arts and music closer to young audiences as well as preserving and promoting traditional music values that are at risk of degradation over times.

Obviously, the reciprocal combination of modern and traditional elements in music has not only made both art forms newer and more impressive but also opened potential trends for the future, towards a new world of contemporary arts imbued with national identities. This is also a way for Vietnamese music to define itself among international friends.

This mission belongs to both traditional and modern artists. However, it is not an easy “path” for artists who have a great passion for the arts and who also dare to deviate. Because, in fact, not any old combination creates the right “fit”. An inappropriate mix of modern and traditional elements can make art works rude and objectionable.

The unreasonable exploitation of ancient materials can also easily cause distortions of tradition. Creators must thus have a deep understanding of each art form so that they will not blur one another. The successes of various art works using this combination in recent years was in part due to the participation of experts having strengths in each form.

With an in-depth understanding of each field, they support and adjust together, helping the works avoid crossing the delicate line between creativity and objection. Thereby, they will enhance the value of the country’s music in particular and the arts in general.

Ca Mau seeks approval for airport expansion

The government of the Mekong Delta province of Ca Mau has written to the Ministry of Transport proposing expanding the capacity of Ca Mau Airport to two million passengers per year for the 2021-2030 period.

Accordingly, the airport will meet the 4C standards of the International Civil Aviation Organization and Vietnam’s level-two standards for military airports.

In the 2030-2050 period, the airport will remain at level 4C, but its capacity will be expanded to three million passengers per year.

The province’s proposal is aimed at meeting the rising demand from passengers for travel from/to Hanoi, Danang and Con Dao, contributing to the province’s socioeconomic development, the local media reported.

In 2019, Ca Mau Province welcomed some two million tourists, while the province had only one daily flight. As such, the airport’s expansion is necessary, according to the provincial government.

Ca Mau Airport has one runway which is 1.5 kilometers long and meets the 3C standards and the level-two standards for military airports. It can handle small aircraft such as ATR-72, AN-2 and MIA-17.

If the airport is upgraded to meet the 4C standards, it will accommodate larger planes such as the A320, the A321 or others.

The province’s proposal will be considered by the ministry to add it to the national general airport development plan in the 2021-2030 period, with a vision toward 2050.

Nearly 19,000 hectares of public land encroached on

Of the total area of public land that the Vietnam Rubber Group (VRG), the Vietnam Forestry Corporation (Vinafor) and the Vietnam National Tea Corporation (Vinatea) were assigned to manage, 18,500 hectares was encroached upon.

Of this, 10,700 hectares of VRG’s land was encorached on, nearly 7,400 hectares of Vinafor’s land and 500 hectares of Vinatea’s land, according to the Government Inspectorate’s conclusion on an inspection into the compliance with Vietnam’s regulations on the management and use of land at the three units between January 1, 2010, and December 31, 2017.

Also, these units allegedly committed wrongdoings in changing the purpose of agricultural land-use and offered parts of the headquarters for lease, reported Tuoi Tre Online.

More than 10,700 hectares of VRG’s encroached land was mainly in the southeastern region and the Central Highlands. Over 1,700 hectares of land also overlapped with that of the local residents.

In addition, VRG was tasked with managing and using 759 land and housing facilities meant for restructuring programs under the prime minister’s decision. However, by the end of 2017, it submitted a list of 43 facilities to the authorities for approving the handling and restructuring, while the remainder just had their conditions checked. VRG also leased part of its office space, which was not in compliance with the Land Law.

As for Vinafor, the Government Inspectorate said that the corporation had yet to reclaim over 7,300 hectares of encroached land, accounting for some 15% of the land area it was assigned or rented to manage and use. The encroachment mainly happened from 2005.

Vinafor was also allocated 83 land and housing facilities for management and use. To date, seven facilities were handled and restructured in line with prevailing regulations.

As for Vinatea, it has yet to address the encroachment facing its over 497 hectares of land in the northern province of Phu Tho.

Vinatea alone used 12 plots of land to contribute to the establishment of joint ventures and leased land to businesses without following prevailing regulations and carried out divesment without bidding.

Le Thanh Hung, deputy general director of VRG, told the paper that the firm has adopted measures to cope with the land encroachment for years, but faced many obstacles due to historical issues.

Airlines make it difficult for lockdown refund cases

According to carriers’ ticket agents, many passengers who wanted to travel to Hai Duong Province bought tickets for routes from HCMC to Hanoi and Hai Phong City because the province has no airport. They planned to take coaches to Hai Duong after arriving. Hai Duong then was locked down, their trips could not be carried out thought flights were operated. Passengers can not ask airlines to refund air fares because it is not easy to meet the carriers’ requirements on explaining the reason and purpose of traveling to Hai Duong.

Passengers have accepted vouchers for cancellations. Airlines should not make it difficult and cause more loss for customers by asking complicated procedures and responding late, said Ms. Nguyen Thi Mai, a ticket agent in Hanoi.

Carriers, including Vietnam Airlines, Vietjet Air, Bamboo Airways said that passengers must display the necessary paperworks, such as confrimations of their workplaces and local authority of the affected areas where they come or return, tickets purchased before the lockdown and having a validity.

According to economic expert Vu Dinh Anh and other specialists, State’s functional agencies and the Civil Aviation Authority of Vietnam (CAAV) should launch ways of solving problems to ensure the rights of the two sides.

Vietnam Airlines plans to resume flights between Van Don, HCMC

The national flag carrier Vietnam Airlines (VNA) has announced that it will resume routes connecting Van Don in Quang Ninh Province and HCMC that were previously suspended amid coronavirus outbreak, starting March 3.

Accordingly, the carrier will operate one daily flight on Wednesday from March 3-17; and three weekly flights on Wednesday, Friday and Sunday from March 18-December 31. The flight will depart from Ho Chi Minh City at 13:00 and Van Don at 15:45.

On this occasion, VNA will offer tickets at VND33, 000 (US$1.4) each one-way for the first three flights. The promotional program will be apllied for passengers who buy tickets with the mobile app, on the website www.vietnamairlines.com, and at the box offices and official agents of VNA from now until March 17 on flights departing from March 3-17.

Ha Tinh to upgrade Dong Loc T- Junction historical site

SGGPSunday, February 28, 2021 07:12

The grave area of 10 female martyrs

The project which aims to pay tribute to martyrs who laid down their lives for the fatherland’s independence and freedom is expected to complete this year.

Vietnam targets 70% of statistical products and services be provided on time by 2025

By 2030, Vietnam’s statistics sector is expected to reach the level of development of regional most advanced countries and by 2045 to become among the modern statistics systems globally.

Vietnam targets 70% of statistical products and services be provided on time for users by 2025, the rate would raise to 100% by 2030.

The goal is part of the draft strategy for the development of Vietnam’s statistics sector in the 2021-30 period, with vision to 2045.

Meanwhile, the sector would enhance its capabilities in providing micro data per request for users, aiming to triple the amount of data provided by 2025 compared to that of 2020 and 10 times by 2030.

The satisfaction rate of users using statistics data, as a result, would reach 60% by 2025 and 75% by 2030.

By 2030, Vietnam’s statistics sector is expected to reach the development level of advanced regional countries and by 2045 to become among modern statistics systems globally.

The Ministry of Planning and Investment (MPI), which is in charge of drafting the strategy, stressed the necessity to provide statistics data in a transparent, accurate, timely and easily accessible manner.

“Such data would help government leaders to map out socio-economic development plans, while meeting demand for information from organizations and individuals according to local legislation and international practices,” added the ministry.

“The immediate task at the moment is to assess the realization of Vietnam’s 10-year socio-economic plan [2021-30], and the development strategy for each sector, provinces and cities in 2021-30,” stated the MPI.

The strategy would propose specific measures to standardize Vietnam’s statistics procedures based on international practices; modernizing data collection and analyzing; enhancing capabilities in analyzing and forecasting; adopting digital transformation on statistics works.

Statistical products are, generally, information dissemination products that are published or otherwise made available for public use that describe, estimate, forecast, or analyse the characteristics of groups, customarily without identifying the persons, organizations, or individual data observations that comprise such groups.

Main products and services of Vietnam’s General Statistics Office include monthly socio-economic report, “Today Price’s Index”, “Statistical Information” pamphlet, statistical handbook and year book, among others.

“In Progress” to bridge art and education

The “In Progress” aims to contribute to enriching the cultural life of Vietnamese people by bringing diverse art and cultural events to the public.

“In Progress”, a pastime program, is slated to take place in Hanoi from March to May, will introduce a series of art and cultural events to local people.

Cutting across multiple disciplines, the “In Progress” will introduce 12 interesting events ranging from exhibition, multisensory puppet show, film screenings to a workshop bridging art and education, new engagement with an old art form, and many more.

In the context that Covid-19 is still complicated, there is likely a change in time and organization for each event. During the time of the program, the organizers will take necessary measures as well as cooperate with the municipal government to put in place the anti-pandemic protocols.

With an aim of contributing to the enrichment of the cultural life of Vietnamese people by bringing diverse art and cultural events to the public, 12 event proposals have been selected to to be included the “In Progress”.

One of the challenges that “In Progress” posed to all participating artists was to reach out to the hard to reach groups, and to thrive to create tangible values for those who might not have previously been benefiting from independent artistic and cultural practices.

“In Progress is truly an unprecedented opportunity for creative hubs and cultural practitioners to connect with artists across the country and thereby stepping out of their areas to reach new groups of audiences,” said Vu Thi Thanh Binh, a manager of “A week of culture and creativity” project.

The 12 wonderful art and cultural projects are expected to help audiences discover the “In Progress” as an opportunity for the young generation of Vietnamese artists to demonstrate how the arts and culture can make a positive change to the society and the world today.

Poor people prioritized in Vietnam’s Covid-19 vaccination plan

The country has approximately nine million of people or around 9% population living in poverty.

Poor people are listed among priority groups in Vietnam’s vaccination against Covid-19, which is planned to take place in March.

According to the United Nations, around 9% of Vietnam’s population or roughly nine million people living in poverty in 2019, a drastic reduction from 57% in 1990.

Factors that characterized the poor include large size of household, low education and skills, dependency on agriculture, remoteness in rural mountainous areas, lack of supporting infrastructure. The poor nowadays is also specifically associated with ethnic minorities in mountainous area rather than urban migrants.

Under the government’s resolution dated February 26, the poor and social beneficiaries belong to nine groups of people prioritized for the inoculation in the country of nearly 100 million population.

Groups in the priority list include:

– Health workers and frontline forces (members of the steering committee for Covid prevention at all levels, people working in quarantine centers, contact tracers, volunteers, reporters, among others); army officers; policemen.

– Vietnamese diplomats abroad; customs and state officials working in immigration service.

– Essential providers in aviation, transportation, tourism, clean water, electricity, among others.

– Teachers and employees in education sector; people working in administration agencies having frequent contact with others.

– People with underlying diseases and those above 65 years of age.

– People in the pandemic-hit areas.

– The poor and social beneficiaries.

– People in overseas mission.

– And other people decided by the Ministry of Health basing on the requirements of the pandemic control.

People, who are subject to the first shots (the first phase) of the 117,000 doses, are health workers and frontline forces.

The first batch of vaccine arrived in Vietnam on February 24 from British–Swedish multinational pharmaceutical and biopharmaceutical company AstraZeneca.

Vietnam is under the fresh Covid-19 outbreak that resurged in late January, recording more than 800 locally-transmitted infections so far.

Source: VNA/VNS/VOV/VIR/SGT/Nhan Dan/Hanoitimes