Supply chain

COVID-19 vaccination (Photo: VNA) Hanoi ( VNA) - Vietnam’s economic prospects greatly depend on COVID-19 vaccination speed and scale, the efficiency of pandemic prevention and control measures and the effectiveness of supporting packages, held experts at a conference organised by the Vietnam Economic Strategy Studies Centre (VESS) on October 18. They asserted that bad debts may continue to rise, becoming a threat for the financial system in the post-pandemic period. Therefore, they stresses the need to prepare for worst-case scenarios. Dr. Nguyen Duc Thanh, VESS Director said that slow vaccination has held Vietnam back in recovery process in 2021, which can lead to it losing comparative advantage. Currently, Vietnam’s vaccine coverage remains low compared to the world's level, he noted. The resurgence of COVID-19 has disrupted supply chains and affected the labour market, posing severe impacts on domestic businesses, he said, adding that the growth in the first …

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Illustrative image (Source: Reuters) Tokyo (VNA) - Japan will help Southeast Asian countries track greenhouse gas emissions by setting up a measuring and monitoring framework for industries. With many members of the Association of Southeast Asian Nations lacking a tracking method, gauging emissions at individual companies has been difficult. The ability to monitor decarbonisation efforts across the supply chain has become increasingly important, Nikkei reported. Japan plans to provide assistance and take part in joint projects. In the Philippines, a field trial will begin next summer for calculating emissions industry by industry. The selection process has begun with the cooperation of the Environment Ministry and Chamber of Commerce, with the cement and waste management sectors among the candidates to participate. Emissions calculations in the Philippines will likely be based on data including electricity and fossil-fuel consumption, as well as production volume. …

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The most favored is iPhone 13 Pro Max with 70 percent pre-orders, followed by iPhone 13 and iPhone 13 Pro, each 12.5 percent, according to data from retail chains acquired by VnExpress . But the iPhone 13 mini, the smallest and cheapest of the lineup, is set to see shortages due to a lack of supply. For retail chain CellPhoneS, only 2 percent of its iPhone 13 imports are mini. "We might only meet 50 percent of customer demand," said spokesperson Nguyen Lac Huy. The unofficial market, where buyers pick up the phone in Singapore and Hong Kong and bring them back to Vietnam, does not seem to have a lot of supply for iPhone 13 mini either. "We only imported a small number as there is almost no demand from customers," said a smartphone vendor in downtown Hanoi. Last year, the iPhone 12 mini was also the least favorite. Many stores had to repeatedly lower prices to get rid of their inventory. Industry insiders say Vietnamese prefer the most expensive iPhones. The four …

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Central Retail, which operates outlets under the brands Go, Big C, and Top Markets, said all customers are required to have been vaccinated with at least one dose or to have recovered from Covid-19 as the city requires. The chain will continue to strictly carry out safety requirements, said Marketing Director Nguyen Thi Bich Van. Lender ACB has done the same at all its branches. The company have also assigned people to help elders who are not tech-savvy. Gong Cha bubble tea is also requiring customers to show a ‘green pass’, a mobile app that records the users’ vaccination status. Local residents comply with the city’s regulations, and as the city has a high vaccination rate, there is not much difficulty for people to obtain a green pass, spokesperson Tran Ngoc An said. Some businesses are also using QR codes to record the travel history of employees and customers. These codes are placed at the entry points of buildings. Nguyen Bich Tram, CEO of female fashion chain OLV, …

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