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VIETNAM NEWS HEADLINES DECEMBER 21


VIETNAM NEWS HEADLINES DECEMBER 21
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 21/12/2020
  
09:16
GMT+7
Hanoi is experiencing the first strong cold wave this winter with a temperature of 12 degrees centigrade at night.
Deputy PM visits first COVID-19 vaccine trial volunteers
Deputy Prime Minister Vu Duc Dam visits the volunteers on December 20.
The first three volunteers receiving Nano Covax - the Vietnamese-made anti-COVID-19 vaccine - are in good health conditions 72 hours after injection, with all indications proving that the vaccine is safe for human, according to the Ministry of Health and Military Medical Academy. ....

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Shuttered schools in Ho Chi Minh City reopen after new COVID-19 outbreak suppressed


Friday, December 18, 2020, 15:17 GMT+7
Students wears masks and maintain distance in a class at Ho Chi Minh City University of Technology (HUTECH). Photo: Duyen Phan / Tuoi Tre
School facilities implicated as ‘high risk’ during a brief re-emergence of COVID-19 in Ho Chi Minh City in early December are back in operation after two weeks of closures.  
In late November and early this month, Ho Chi Minh City confirmed four new cases of COVID-19 community transmission, which broke Vietnam s streak of 88 days without a single infection in the community. 
Contact tracing on the four cases, labelled Patient 1,342, 1,347, 1,348 and 1,349, found hundreds of people at risk after contacting the infected, which in turn led to the shutdown of several schools to negate further threats of transmission.  ....

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Thai cement giant to buy seventh Vietnamese packaging firm - VnExpress International


Thai cement giant to buy seventh Vietnamese packaging firm
By Minh Son   December 17, 2020 | 09:01 am GMT+7
Workers operate a packaging manufacturing chain in a factory of Bien Hoa Packaging Jsc. Photo courtesy of the company.
A subsidiary of Thailand’s SCG Group has registered to buy a 94.1 percent stake in Vietnam’s Bien Hoa Packaging Jsc.
The deal, if successful, will increase the number of Vietnamese packaging companies owned by Siam Cement Group Public Company Limited (SCG Group) to seven.
TCG Solutions, a subsidiary of the Thai cement and building material giant, is set to purchase 12 million shares of Bien Hoa Packaging, which is based in the southern province of Dong Nai, later this month. ....

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Thai conglomerate acquires Vietnam's Bien Hoa Packaging | Tuoi Tre News


Tuesday, December 15, 2020, 15:14 GMT+7
This undated supplied photo is pictured inside a factory of Bien Hoa Packaging in Vietnam.
TCG Solutions Pte, a subsidiary of Thailand s conglomerate Siam Cement Group (SCG), has announced its plan to purchase over 12 million shares, or a 94.11 percent stake, of Bien Hoa Packaging (Sovi).
The transaction is set to take place from December 16 to 31.
Given the current market price of VND81,500 (US$3.5) per Sovi share, TCG is expected to spend more than VND978 billion (US$42.23 million) on the deal.
Earlier, Sovi paved the way for the acqusition by raising its foreign ownership limit to 100 percent in July. ....

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Which sectors will post growth in 2021? - VnExpress International


Which sectors will post growth in 2021?
By Dat Nguyen   December 14, 2020 | 02:59 pm GMT+7
Apartment and office buildings in Hanoi. Photo by Shutterstock/French Jessica Lee.
Housing, industrial real estate, seafood, power, and steel are the sectors expected to see growth next year as the economy recovers from the effects of Covid-19.
Demand for mid-priced apartments in Hanoi and Ho Chi Minh City due to a shortage will continue to drive the growth of the housing sector next year, financial services data provider FiinGroup said in a recent note.
Market leader Vinhomes, which accounts for two thirds of the sector’s profits, is likely to see revenues grow with the scheduled launch of three major projects in the two cities. ....

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