Vietnamplus

Can Tho city expects to become the centre of trade and services in the Mekong Delta, with rapid and sustainable development.

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a credit agreement with a non-Government guaranteed loan worth 80 million EUR (87.8 million USD) to implement the southern Vietnam power distribution project invested by EVN’s Southern Power Corporation (EVN SPC).

A consultative meeting on humanitarian assistance distribution to Myanmar is planned to be held in late April or early May.

Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.

In the context of a booming cold storage logistics industry to serve vaccine distribution needs as well as growth in seafood processing and consumer demand, Vietnam’s cold storage logistics market is forecast to reach a value of 295 million USD by 2025, with an annual growth rate of 12 percent per year, said an expert.

Shinhan Life Insurance of the Republic of Korea on January 25 launched operations in Vietnam.

The Thang Long – Hanoi Heritage Conservation Centre has recently reenacted the Ngu Lich ceremony, which originated from the Le Dynasty to distribute calendars to royal mandarins.

Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.

Vietnamese products are expected to account for over 85% of the stocks at modern distribution channels by 2025, according to a project to develop the domestic market.

The Hanoi Centre for Investment, Trade, and Tourism Promotion (HPA) and AEON Vietnam have coordinated to organise two big agricultural trade fairs in December with the aim to help farm produce businesses approach distribution systems abroad.

A seminar on introducing products of innovative start-ups to supermarkets and distribution channels took place in Hanoi on November 18. It was a bid to create a spillover effect contributing to further improving the efficiency of local production and business.

Ambassador Dang Dinh Quy, Permanent Representative of Vietnam to the UN has underlined that it is necessary to enhance global solidarity, promote the production and equitable distribution of COVID-19 vaccine at a reasonable cost in a timely and universal manner across the world.

Prime Minister Pham Minh Chinh has ordered the acceleration of quick and massive COVID-19 testing, especially for all residents in Ho Chi Minh City during the time social distancing measures are in place, in a bid to promptly detect new infections and curb the spread of the pandemic.

The Ministry of Health on August 21 allowed the distribution of 30,000 more vials of the antiviral drug Remdesivir to treat COVID-19 patients in a number of localities.

The Asian Infrastructure Investment Bank (AIIB) has begun disbursing the 310 million USD loan, which was approved in February 2021, for the Indonesia national power company PT PLN.

ASEAN foreign ministers on August 4 called for making COVID-19 vaccines available and affordable to all as global public goods.

Ho Chi Minh City, the country's current largest COVID-19 hotspot, is estimated to need 5.5 million doses of vaccine in August, according to the municipal People’s Committee’s proposal on vaccine distribution.

Industrial activities have continued bearing the brunt of the COVID-19 pandemic, resulting in mere growth rates of 1.8 percent month on month and 2.2 percent year on year in the July index of industrial production (IIP) - the slowest pace in seven months.

Two working groups were established by the Ministry of Health on August 2 to facilitate COVID-19 treatment nationwide.

Thai Prime Minister Prayut Chan-o-cha has issued an announcement banning the distribution of "fake news" or information causing public fears across all media platforms, in an effort to prevent disinformation from undermining the government's fight against the COVID-19 pandemic.