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Vietnam Int'l Travel Mart set for May

Vietnam Int’l Travel Mart set for May
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06/04/2021

10:35
GMT+7
The annual Vietnam International Travel Mart (VITM) 2021 will take place in Hanoi from May 5 to 8 with the theme “New Normal - New Opportunities”, a press conference in the capital on April 5 heard.
Illustrative photo. (Source: VNA)
As of March 31, around 450 exhibitors from 40 cities and provinces in Vietnam and four regional countries - Thailand, the Republic of Korea, Japan, and Taiwan (China) - had registered to set up some 350 booths at the trade fair, according to the Vietnam Tourism Association (VITA). ....

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Inflation not a source of concern for Vietnam: SSI

Inflation not a source of concern for Vietnam: SSI
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06/04/2021

11:21
GMT+7
Vietnam’s consumer price index (CPI) is set to average 2.89% in 2021, below the government’s target of 4%.
Inflationary pressure has forced central banks around the world, including those from Russia, Brazil, or Turkey, to raise their respective policy rates in the first quarter, but in case of Vietnam, inflation should not be a source of concern, according to SSI Securities Corporation (SSI).
Customers at a super market in Hanoi. Photo: Pham Hung
In the global scale, the expansion of money supply is a common solution as governments turn to stimulus measures to aid economic recovery from the Covid-19 pandemic. ....

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Wind power: investors wait for PM's decision on Feed-in-Tariff price

Wind power: investors wait for PM’s decision on Feed-in-Tariff price
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06/04/2021

10:00
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The Feed in Tariff (FIT) price of VND2,000 per kwh will expire in seven months, but the price for the next period has not been fixed yet.
Electricity of Vietnam (EVN) reported that it has signed contracts on purchasing electricity from 113 wind power projects with total capacity of 6,038 MW. Twelve projects with total capacity of 582 MW have been put into commercial operation.
Reports by investors show that 87 projects (4,432 MW) may become operational prior to October 31, 2021. Meanwhile, 14 projects (1,024 MW) are not likely to become operational prior to that day. ....

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Production of Made-in-Vietnam COVID-19 vaccine Covivac

Production of Made-in-Vietnam COVID-19 vaccine Covivac
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06/04/2021

20:29
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The Khanh Hoa-based Institute of Vaccines and Medical Biologicals under the Ministry of Health in coordination with PATH organisation has jointly studied a COVID-19 vaccine called Covicac, which uses egg-based vaccine production technology.
Made-in-Vietnam COVID-19 vaccine Covivac is a product by the Institute of Vaccines and Medical Biologicals based in Khanh Hoa Province. (Photo: VNA)
The live NDV-Lasota-S virus is injected into a membrane of fertilised hen’s egg and cultivated, then the propagated viruses are extracted from the membrane to be inactivated while still maintain their physical properties. (Photo: VNA) ....

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VIETNAM BUSINESS NEWS APRIL 6

VIETNAM BUSINESS NEWS APRIL 6
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06/04/2021

12:03
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Vietnamese fruit and vegetable sector targets export revenue of $10 billion

The agricultural sector has determined to improve quality to meet import market standards and achieve the export target of US$10 billion by 2030.
Dang Phuc Nguyen, general secretary of the Viet Nam Vegetables Association, said that new-generation free trade agreements (FTAs) such as the EU-Viet Nam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); or Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year. ....

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