Vietnam cambodia 4 weeks

HCMC’s government agencies create work plan for new normal state The head offices of the People’s Committees of wards in Go Vap and District 8 that were requisitioned as gathering places of food and essential goods for social welfare activities have been cleaned and disinfected to give back the premises to the local administrative agencies before September 15. Residents who come to the People’s Committees of wards for notarization services are required to provide medical declaration, wear mask, measure body temperature while local state officials will wear personal protective equipment to protect against the virus and comply with the health ministry's 5K message, including facemask, disinfection, social distancing, no gathering and health declaration. Digital transformation of public administration has created favorable condition for State cadres to work and solve all documents submitted by residents online during the social distancing measures. This process of using digital …

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Hanoi tax authorities collect taxes from Google and Apple content developers The Hanoi Department of Taxation have collected over VND39 billion (USD1.69 million) from content developers on Google and Apple during the first seven months of this year. The Hanoi Department of Taxation have collected over VND39 billion (USD1.69 million) from content developers on Google and Apple during the first seven months of 2021. Illustrative photo According to the department, they have collected taxes from 392 people that provide content services on various applications including Google Play and Apple Store. The department have collected VND 203 billion (USD8.83 million) in taxes from these content developers since 2018. The municipal tax authorities are also seeking to collect more taxes from online businesses. They are checking on the information of 32,085 businesses that are using online delivery services and 756 housing rental businesses. The department has co-operated with banks and …

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Coronavirus hotspot sees sharp decrease in death rate The number of COVID-19 deaths recorded in Ho Chi Minh City, the largest coronavirus hotspot in Vietnam, has decreased significantly in recent days, signaling the COVID-19 treatment regimen is proving effective, according to health experts. The downward trajectory was attributed to the effective implementation of policies and decisions on COVID-19 prevention and control measures adopted by the health sector, said Pham Duc Hai, deputy head of the Ho Chi Minh City Steering Committee for COVID-19 Prevention and Control. According to health experts, the opening of more intensive care unit (ICU) centres for COVID-19 patients, the large support of medical equipment, as well as the use of antiviral drugs and anticoagulants in treating patients, have helped to lower the number of critical cases. Furthermore, the strategy of classifying patients has also played a significant part in lowering the death rate. The southern metropolis …

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At a school in Phnom Penh (Photo: AFP) Phnom Penh (VNA) – Cambodia is going to reopen secondary and high schools in Phnom Penh on September 15 while Indonesia has tightened protocols on international travellers to help curb the spread of COVID-19. As part of the preparation to reopen secondary and high schools, the Phnom Penh Administration has cleaned and disinfected 68 public schools on September 13 while private educational institutions were disinfected two days ago. Director of the Phnom Penh Municipal Department of Education Hem Sinareth told Khmer Times that there was a need to thoroughly clean and disinfect the schools as some of them were used as COVID-19 treatment centres and for the vaccination campaign. The majority of the schools will be ready to be opened on September 15 while some will be reopened in stages as they need to fully comply with the COVID-19 standard operating procedures, including the cleanliness, hygiene, and disinfection, he added. In the …

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About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new... Some 58 per cent of global respondents predict that they will completely cease to exist in the next five to ten years unless they change their business models. — Photo bnews.vn About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus). The ‘Evolve or be extinct’ report was conducted by FT Focus and surveyed over 500 senior banking executives globally to gain insights into their perception of the banking industry, now and in the future. The results illustrate the urgent need for banks to modernise their offerings, with 58 per cent of global respondents predicting they will completely cease to exist in the next five to ten years unless they change …

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Vietnam to attend ASEM Cultural Festival 2021 Vietnam and 10 other countries have signed up to participate in the ASEM Cultural Festival (#ASEMfest), a side event of the 13th Asia-Europe Meeting (ASEM) to be hosted by Cambodia in November. The ASEM Cultural Festival 2021 is scheduled to get underway between November 22 and 26. This international cultural event will be held virtually with the main activities such as performing arts, and the screening of feature films and documentaries, as well as the exhibition which would be held in hybrid format at the National Museum of Cambodia. The festival aims to explore the cultural diversity and promote the exchange, cooperation and artistic creation between the cultures of both regions, contributing to enhancing cooperation and development between the ASEM partner countries. Joining as a founding member of ASEM in 1996 marked an important step in the implementation of Việt Nam's policy of open foreign policy, multilateralisation and …

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For the first time last year Vietnam was among the world’s top 20 economies in attracting FDI as $16 billion poured in though globally the figures fell by double digits. The country was hailed as a success story in controlling Covid, which helped it attract companies shifting out of China. However, the Delta variant and the restrictions imposed for the last several months have caused the situation to sour for many foreign companies, making them reconsider their plans. Twenty percent of American companies had shifted part of their production out of Vietnam as of mid-August, a survey by the American Chamber of Commerce in Vietnam (AmCham Vietnam) has found. Besides, half the respondents were operating at less than 50 percent capacity and 13 percent had temporarily closed down. The European Chamber of Commerce in Vietnam also said 20 percent of its members had shifted part of their production overseas. BritCham Vietnam chairman Chris Jeffery said: "British manufacturing firms, …

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Customs clearance time for exports shortens The average duration for customs clearance for exports last year stood at 38.4 hours, a decline by 57.38 hours compared to 2019, according to a survey of an inter-sectoral working group. The cost for such procedures averaged 338 USD, falling 81.72 USD against 2019. Meanwhile, the time for imports was 54.8 hours, a drop of 48.88 hours. Total cost for the procedures hit 313.17 USD, plunging 256.41 USD. Document digitalisation is among important reasons that help businesses save time and costs for customs clearance for cross-border trade. The deployment of the Vietnam Automated System for Seaport Customs Management (VASSCM) also facilitates port-related activities. According to the General Department of Vietnam Customs, import and export documents in 2020 amounted to 6.75 million and 6.98 million, respectively. Trading across borders indicator set is part of the World Bank’s annual Doing Business rankings since 2001. The set …

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Associated Professor Dr. Vu Minh Khuong from National University of Singapore The world has logged in the COVID-19 pandemic fight for more than 20 months since its first emergence, leaving tremendous impacts both economically and in people’s life. Albeit the pandemic situation is showing unpredicted complexities, many countries seem to acquire new perceptions in their pandemic fighting strategy, considering COVID-19 an endemic that cannot be fully eliminated. Looking at the global pandemic fight, as shown in Table 1 , some assessments can be drawn. First , the pandemic is plaguing almost all countries across all continents, irrespective of geographical location or level of development. As of September 16, 2021, of the surveyed countries the infection rate per one million people ranges from 5,300 in South Korea to 131,700 in Israel. Meanwhile, mortality rate per one million ranges from 10 cases in Singapore to 3,000 in Hungary. In the eyes of international …

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At Garment 10 Company, productivity increased exponentially after new technologies and digitalization of the production line were applied. The time to make a product at Garment 10 fell from 1,980 seconds to 690 seconds. Each worker now controls two machines at the same time and labor productivity has increased by 52%, the defect rate fell to 8%, and workers’ income rose by 10%. Digital transformation has solved the biggest challenge of Vietnam's textile and garment industry, increased production costs, as the advantage of cheap labor no longer exists compared to other countries in the region. Many orders tend to move to neighboring countries such as Laos, Cambodia, and Bangladesh because wages are lower. On the other hand, when participating in the global supply chain, the challenge that cannot be ignored is the trend of Fast Fashion, when products are produced in a very short period, not by season but by week. Therefore, there is always a need for fast production progress and …

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