A quick review at Vietnam Weekly Feature News
1. 11th ASEAN Connectivity Forum kicks off talks on regional recovery efforts
The Vietnamese permanent mission to ASEAN hosted the 11th ASEAN Connectivity Forum on August 28 to discuss methods to promote ASEAN cohesiveness and responsiveness through resilient connectivity and human capital development.
2. Vietnam considers increasing international flights as the pandemic situation under control
Vietnam’s Prime Minister Nguyen Xuan Phuc has asked relevant agencies to consider increasing international air connections to countries that are deemed epidemiologically safe. Hanoi Times reported. The request was made at a time when Vietnam is striving to pursue dual goals that are containing the novel coronarius and simultaneously developing the economy.
3. How did Vietnam become a bright star in Asia
The Vietnamese observe the 2nd of September every year as the National Day that Great President Ho Chi Minh read the Declaration of Independence of Vietnam at Ba Dinh Square in Hanoi, in a ceremony that formally gave the birth to the Democratic Republic of Vietnam and now is the Socialist Republic of Vietnam.
4. Vietnam’s trade revenue estimated to exceed 336.2 billion USD in 8 months
Vietnam’s import-export turnover is estimated at 336.32 billion USD in the first eight months, an annual reduction of 0.3 percent, according to the General Statistics Office.
-Vietnam Investment Review
5. European business leaders remain confident about Vietnam market
“Despite the stormy waters of a global pandemic, our data shows that the government’s swift and effective response to Covid-19 has successfully steadied the ship here in Vietnam. While the confidence of our member companies has improved and stabilized, business leaders continue to feel the effects of this virus and remain cautious about the future prospects of their business operations,” said Nicolas Audier, Chairman of EuroCham.
-The Saigon Times
6. Million Vietnamese workers laid off due to Covid-19
The new virus outbreak has affected 70% of local firms with 3.5-5 million people laid off or set to have their work hours reduced according to the Ministry of Labour, Invalids and Social Affairs.
7. ‘Mask ATM’ gives away free face masks in HCM City
First there was a rice ATM, now there is a mask ATM. A few months ago a vending machine in HCM City gave free rice to people in need, now another one is distributing free face masks. The man behind the idea hopes it will help citizens protect themselves from the COVID-19 pandemic.
8. How Vietnam turned crisis to the advantage?
Vietnam has been always very good at taking advantage of crisis to accelerate reforms and move faster and grow better, Jacques Morisset, World Bank Lead Economist and Program Leader for Vietnam, has said.
9. Intel continues to pour investment capital in Vietnam
Thanks to the skilled workforce, the increasingly better production infrastructure and the favorable high-tech investment attraction policy, Intel continues to pour investment capital in Vietnam.