☕ Afternoon briefing on July 8

The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 8.

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 8. 

- The index of industrial production (IIP) in the first halfof this year surged 8.48% over the same period last year, accordingto the General Statistics Office (GSO). 

The GSO said that the IIP in the second quarter also saw apositive increase of 9.87% year-on-year as many industrial firmshave resumed and gradually recovered their business activities. Read full story

- Enterprises of Vietnam have been recommended to diversifymarkets, including nearby countries, to promote exports, which are bouncingback strongly but also facing certain headwinds.

A shrimp processing factory in Vietnam (Photo: VNA)

Trade experts said as China is the biggest exporter of goodsto Vietnam, its lockdown measures prompted by the COVID-19 resurgence willaffect the latter’s processing, manufacturing, and exports in the months ahead. Read full story

- Vietnam jumped four places to rank 56th globally, accordingto the Global Real Estate Transparency Index by JLL and LaSalle InvestmentManagement, amid improving building standards across Asia.

The firms attributed the jump in rankings to the Government’scommitment to cut green-house gas by 8% by 2030 as well as its goal thatVietnam will reach net-zero carbon emissions by 2050. Read full story

- Vietnam-based edTech platform Azota has raised 2.4 millionUSD in a Pre-Series A round led by GGV Capital, a global venture capital firmthat invests in local founders.

According to Tech in Asia, new investor Nextrans and existingbacker Do Ventures also participated in the round. Read full story

- The Civil Aviation Authority of Vietnam (CAAV) is planningto upgrade Cam Ranh International Airport in the central coastal province ofKhanh Hoa at a cost of 24.31 trillion VND (1.04 billion USD) during the2021-2030 period.

Cam Ranh International Airport. (Photo: VNA)

Under the revised planning scheme, which has been submittedto the Ministry of Transport for approval, the airport will serve 25 millionpassengers and handle 55,000 tonnes of goods annually in the period. Read full story

- Alcohol use is increasing at an alarming rate in Vietnam,especially among young people, according to a conference held by theMinistry of Information and Communication in collaboration with theHealthBridge Organisation on July 5-6.

The three main criteria affected are average consumptionper capita converted to pure alcohol, the rate of alcohol use in both sexes,and use at a harmful level. Read full story

- “Timeless Souls: Beyond the Voyage – Hon Xua Ben La”, thefirst exhibition by Sotheby’s in Vietnam, will take place at Park Hyatt Saigonin Ho Chi Minh City from July 11-14.

"Nhac cong nhac co truyen”(musician) by Le Thi Luu (Source: thethaovanhoa.vn)

The exhibition features over 50 works by Le Thi Luu(1911 – 1988), Le Pho (1907 – 2001), Mai Trung Thu (1906 – 1980), and VuCao Dam (1908 – 2000), the four renowned early generation graduates from theÉcole des Beaux-Arts de l'Indochine (Indochina School of Fine Arts), whomigrated to France in early 20th century./.Read full story

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