Demand for industrial, logistics estates at core of enquiries next year: Savills Demand for industrial and logistics estates in addition to ready-built factories and warehouses will continue to be the core of enquiries next year, according to an expert from property consultancy Savills Vietnam. “However, in terms of new trends, data centres and cold storage facilities are in demand and have gained traction in 2020 and 2021,” John Campbell, manager of Industrial Services at Savills Vietnam told the Vietnam Investment Review. “Next year, we expect this to continue, as Vietnam is now on the radar for hyperscale facilities.” Low-value industries are beginning to set up elsewhere in Southeast Asia as Vietnam no longer offers the same incentives, he said, adding that these industries such as textiles and furniture struggle to source affordable labour and land in Vietnam. However, foreign and high value-added investors remain bullish on Vietnam’s long-term growth, …
More than 13,000 new COVID-19 cases in Việt Nam on Saturday
10,321 COVID-19 cases recorded in Việt Nam on Monday Southern provinces strengthen COVID-19 prevention measures as cases increase 9,625 new cases of COVID-19 in Việt Nam on Friday Nearly 8,200 new COVID-19 infections reported in Việt Nam on Sunday 8,176 new COVID-19 cases, 64 more deaths reported on Sunday A student gets a COVID-19 vaccine in Nghệ An Province on Saturday. The provincial Department of Education and Training in coordination with the Department of Health organised vaccination for high school students from November 27 to 30. VNA/VNS Photo HÀ NỘI — The Ministry of Health announced 13,063 new cases of COVID-19 in Việt Nam on Saturday. A further 148 deaths were also recorded across the country. Việt Nam so far has reported 24,692 COVID-related deaths. Among the new cases, 7,160 were found in the community and 15 were imported. The others were in quarantine or locked down areas. Compared to Friday, the number of daily cases fell nationally by …
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Việt Nam determined to produce COVID-19 vaccines, treatment drugs at home
Prime Minister Phạm Minh Chính at the meeting with representatives from ministries and agencies in Hanoi on November 27. VNA Photo HÀ NỘI – It is a must to produce COVID-19 vaccines and treatment drugs domestically, Prime Minister Phạm Minh Chính said at a meeting with representatives from ministries and agencies in Hà Nội on November 27. He regarded the “5K principle”, vaccines, treatment drugs, technologies, public awareness and other solutions as crucial factors to safely and flexibly adapt to and effectively control the pandemic. The “5K principle” was issued by the Ministry of Health, covering khẩu trang (facemask), khử khuẩn (disinfection), khoảng cách (distance), không tụ tập (no gathering), and khai báo y tế (health declaration). PM Chính applauded the Ministry of Health and relevant ministries and agencies, especially scientists, researchers and producers of COVID-19 vaccines and treatment drugs for their efforts over the past time. He called for closer coordination …
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Employers from hell: Vietnamese domestic workers’ tales of abuse in Saudi Arabia
On the September 3 flight that brought the Vietnamese football team home from the Saudi capital Riyadh, there were also women domestic workers who had been stuck for months in a deportation center. One of them was Lang Thi Thu, an ethnic Thai from Con Cuong, Nghe An Province. Thu had gone to Saudi Arabia in 2017 on a two-year contract. However, after the contract expired, she continued to work for her employer to earn enough money to build a house for her family. During her six years as a domestic worker, she had no days off and had to work from 9 a.m. to 4 a.m. Thu says: "I asked my employer to let me go home, I wanted a break to go home since my limbs had become numb; I could not feel them any more." But after many unsuccessful requests, she decided to run away and complain to the police. However, under the abusive Kafala sponsorship system that governs migrant workers in Saudi Arabia, people like Thu do not have the right to quit or change jobs, except in certain special …
Vietnam, Switzerland eye stronger educational cooperation
At the working session between Vietnamese Minister of Education and Training Nguyen Kim Son and Switzerland’s State Secretary for Education, Research and Innovation (SERI) Martina Hirayama on November 26. (Photo: VNA) Bern (VNA) – Vietnamese Minister of Education and Training Nguyen Kim Son and Switzerland’s State Secretary for Education, Research and Innovation (SERI) Martina Hirayama on November 26 discussed measures to improve the efficiency of educational cooperation between the two countries. Their working session took place within the framework of President Nguyen Xuan Phuc’s official visit to Switzerland. Son suggested strengthening collaboration between Vietnamese and Swiss universities, covering training programmes in such areas as tourism, hotel, insurance, banking and high-tech, along with innovation. The two sides should step up the exchange of lecturers and students, and establish research groups that gather professors from Vietnamese and Swiss …
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Vietnam records another 16,052 local Covid cases
The Department of Health in the southern province of Tay Ninh registered 3,004 Covid patients whose samples had been taken for testing in the previous days to the national database, making it the locality with the highest infection tally on Saturday, 3,676 cases. The province is followed by its neighbor Ho Chi Minh City with 1,773 cases. The Mekong Delta city of Can Tho had the third highest number of infections of the day with 954, followed by industrial hub Binh Duong with 716. Vietnam recorded 148 deaths on Saturday, pushing the Covid-19 death toll in the country to 24,692 or 2.1 percent of infections. 1,668 Covid patients were declared free of coronavirus the same day, bringing the number of recovered cases so far to 956,924. As of Saturday, 48.4 million of Vietnam's 96 million population have been fully vaccinated against Covid-19. In the fourth wave which hit Vietnam almost seven months ago, more than 1.19 million people have been infected. …
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Vietnam must produce own Covid vaccines, drugs: PM
In a meeting regarding importing and producing domestic Covid-19 vaccines and drugs, Chinh said vaccines play a decisive role in preventing the coronavirus, and that the development of vaccines and drugs would help boost Vietnam's medical capabilities and bolster the country's pharmaceutical sector. It is the state and the Party's stance that Vietnam must be able to produce domestic Covid-19 vaccines and drugs to stay active in the coronavirus fight and save money for the national budget, he said. Products must remain safe, and there must be no place for corruption, group interests or unfair competition, he stressed. The Ministry of Health would complete necessary mechanisms to boost production of domestic vaccines and drugs, added Chinh. Vietnam has so far approved nine types of Covid-19 vaccines from various countries. It is also developing its own domestic vaccine candidates, including Nanocovax and Covivac. The country is using several antiviral drugs for Covid-19 …
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There remains room for stronger Vietnam-Switzerland economic, trade ties: Officials
At the working session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Swiss State Secretary for Economic Affairs Marie-Gabrielle Ineichen-Fleisch . (Photo: VNA) Berne (VNA) – Economic and trade ties between Vietnam and Switzerland have developed strongly and effectively across spheres, and would grow further in the time ahead. The view was shared by Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Swiss State Secretary for Economic Affairs Marie-Gabrielle Ineichen-Fleisch during their working session on November 26, as part of President Nguyen Xuan Phuc’s ongoing official visit to Switzerland. Dien expressed his belief that economic and trade cooperation will be the centre and main momentum of the relations between the two countries, and suggested Switzerland work together with Vietnam to successfully build up new cooperative foundations in the time ahead. Both officials lauded efforts of the two countries’ negotiators during …
Vietnam’s global commitments force ministry to reconsider electricity projects
The latest draft of the eighth national power development plan in 2021-2030 shows considerable reductions in coal-fired power and increases in wind power, following Vietnam’s strong commitments at COP26. The eighth plan still has not been issued after many debates. The draft plan continues to be amended after Vietnam made strong commitments at COP26 on the goals and ambitions in obtaining Net Zero by 2050. Because of the commitments, the Ministry of Investment and Trade will have to reconsider the country’s electricity generation sources. In an operating scenario released by the Ministry of Industry and Trade (MOIT) in November, the total capacity of power sources to be installed by 2030 is 155,722 MW, lower by 24,305 MW than the 180,027 MW shown in March scenario. With the scenario, coal-fired electricity capacity would decrease by 6,694 MW, while LNG-fired electricity by 18,550 MW and Vietnam would increase electricity capacity from wind power. Onshore wind power …
Vietnam Airlines aims to win largest share on direct Vietnam-US route
Vietnam Airlines wide-body Boeing 787-9 Dreamliner (Photo courtesy of Vietnam Airlines) Hanoi (VNS/VNA) - Vietnam Airlines, the country's national flag carrier, looks to dominate the Vietnam-US route as preparations have been completed for its first direct flight to the US, which is scheduled to take off on November 28, said General Director of Vietnam Airlines Le Hong Ha. The Vietnam-US route was among one of the most in-demand pre-pandemic. There were 24,000 Vietnamese university students and a 2.2 million strong Vietnamese community in the US in 2020. Two-way trade has been on the rise in recent years reaching 90 billion USD in 2020 and projected to hit over 100 billion USD this year, making the Southeast Asian economy one of the US’s top trading partners. As a result, the airline is confident demand will quickly recover once the pandemic is put under control and mobility restrictions relaxed, Ha said. Competition, however, is expected to be fierce as the …
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