Chủ đề: Vietnam

The La Gan Wind Power Development Corporation and Vietsovpetro signed a geological survey contract on July 15 for the La Gan offshore wind farm project - the first large-scale offshore wind farm in Vietnam with total investment estimated at $10 billion and a capacity of 3,500MW.

Vietnam Airlines is planning to reopen international flights to Asian, European, and Australian destinations to serve both Vietnamese and foreigners needing to travel to and from Vietnam between July and October. The national flag carrier will keep an eye on the market in order to determine a suitable plan in the period to follow, thus complying with pandemic prevention regulations.

Figures from CCIFI show that many of Vietnam’s exports to the EU grew by more than 10 per cent year-on-year in the first half of 2021, confirming export opportunities for key products such as textiles, seafood, furniture, and wooden products in Europe. Businesses, however, must meet certain standards and requirements.

Vietnam is the 10th-largest smartphone market in the world, with more than 61 million users, higher than Asian countries such as the Philippines (41 million), South Korea (39 million), and Thailand (38 million), according to figures from Statista and NewZoo.

Vietnam and India planned to cooperate in potential fields of information and communication technology (ICT) and industry 4.0 such as e-commerce, fintech, smart cities, according to an announcement in a webinar on ICT cooperation between Vietnam and India held on June 29.

The Norwegian Embassy has signed a cooperation agreement with the United Nations Development Program (UNDP) on sponsoring $1.3 million for waste management and treatment projects in Vietnam.

On June 20, The Commission for Foreign Relations of the Party Central Committee along with The Ministry of Foreign Affairs (MOFA) and The Ministry of Health (MOH) received 500,000 doses of Sinopharm’s Vero-Cell vaccine and 502,400 disposable syringes from China.

The Ministry of Health has planned to buy 150 million doses of vaccine for about 70 million Vietnamese citizen in order for Vietnam to achieve the community immunity goal by the end of 2021 to the beginning of 2022.

According to figures of the General Department of Vietnam Customs, in the first 5 months of 2021, the total export of goods from Vietnam to Japan reached $8.3 billion, an increase of 5.6 per cent compared to the same period in 2020. And Vietnam’s imports from Japan reached $ 8.8 billion, an increase of 13.7 per cent compared to the same period of last year.

The Danish corporation Orsted has proposed to invest into an offshore wind farm project in Hai Phong. Hai Phong authorities welcome the corporation's plan and will create favorable conditions for the investor.

Prime Minister has approved Decision no. 942/QĐ-TTg which assigned State Bank of Vietnam to research, develop and test e-money using blockchain technology.

The Ministry of Information and Communications (MoIT) and Asian Development bank have signed an MoU regarding the development of digitalization in Vietnam including digital government, digital economy and digital society, bringing the digital economy to 20 per cent of GDP by 2025.

According to the press release of SparkLabs Group issued on June 27, SparkLabs Ventures, Daewoo E&C Vina and Bespin Global have signed a strategic cooperation agreement on building a smart city model in Vietnam.

Experts said that Vietnam can achieve the GDP growth of 6.1 to 6.3 per cent in the 2nd half of 2021, however, 6.5 per cent is a hard target

In the 6 first months of 2021 trade deficit increased rapidly with $1.47 billion, of which raw materials, fuel and materials accounted for nearly 49%...

According to statistics from Ministry of Planning and Investment, in the first 6 months of 2021, FDI into Vietnam, especially newly registered capital and adjusted capital, show positive signs despite the ongoing pandemic.

In order to reach the annual GDP growth rate of 6 per cent, Vietnam has to keep its GDP growth rate in the last 6 months of 2021 over 7 per cent. Specialists say that the goal is achievable, however, there will be challenges along the way.

Commenting on the real estate market in 2nd half of 2021, Savills Vietnam believes that there are prospects for recovery in most market segments.

Mr. Oshima Tadamori, Speaker of the House of Representatives of Japan, at a meeting with Vietnam National Assembly Chairman Vuong Dinh Hue on June 21 affirmed that Japan will continue to support Vietnam with Covid-19 vaccine, helping the country to reach social immunity.

The ongoing pandemic will put pressure on the allocation of the State budget since Vietnam has not reached social immunity.