Vietnamese coffee chains are moving to establish themselves in foreign markets as part of expansion plans as well as a strategy to deal with increased domestic competition. More stories at Vietnam Insider’s homepage. Tea and coffee chain Phuc Long has just announced plans to open its first store in California in July. TNI King Coffee last month launched its first store in the U.S. It has already opened its first outlet in South Korea with a partner. Highlands Coffee, one of the biggest Vietnamese coffee chains, has started branching out to other markets since 2011. It now has 39 franchised…
Author: Miley Selena
In June 2021,Vietnam time, Unit 1 of Vietnam Duyen Hai II Thermal Power Project 2x660MW was Officially Put Into Commercial Operation. This project is located in the power generation industrial park of Economic Development Zone of Tra Vinh province, Vietnam, about 185 kilometers away from Ho Chi Minh City. The scale of construction is 2×660 MW supercritical coal-fired units, supporting docks and ash yards. The synchronous desulfurization and denitration system, smoke and dust, sulfur dioxide, and nitrogen oxide emissions are all superior to the local environment protection standards in Vietnam. The completion of the project has great significance for easing…
Banks have been a strong pillar in the growth of Vietnam’s stock market during recent months. Visit Vietnam Insider’s homepage for more stories Vietnamese banks dominated the top 10 most trustworthy and effective listed companies in a recent report with six entities. Ranking third to ninth, the banks are Vietcombank, ACB, VPBank, VIB, MBBank and Techcombank, according to a list of best companies in 2021 compiled by Vietnam Report using 2020 data. Banks have been a strong pillar in the growth of Vietnam’s stock market during recent months, accounting for a third of market cap on the Ho Chi Minh…
HCM City plans to extend its current social distancing period until further notice as part of its effort to curb the highly contagious Delta variant and the increasing number of COVID-19 cases. Dương Anh Đức, deputy chairman of the People’s Committee, said that surveillance screening and hospital admissions in recent weeks had continued to discover COVID-19 cases without known sources of infection. He said the restrictions imposed by the city’s Directive No 10 must continue. “There is no end date for the restrictions yet.” The earlier social distancing period under the less restrictive Directive 15 ended on Tuesday (June 29). Directive 10, which takes effect on June 20, requires the…
Vietnam’s Ministry of Health has approved Moderna’s COVID-19 vaccine for emergency use. This is the fifth COVID-19 vaccine to be greenlighted by the Southeast Asian country, aside from the AstraZeneca vaccine, Russia’s Sputnik V, China’s Sinopharm vaccine, and the Pfizer/BioNTech vaccine. According to the health ministry, importers will have to coordinate with the Administration of Science Technology and Training in organizing the evaluation of vaccine safety and effectiveness, as well as cooperate with distributors in pharmacovigilance. They will also need to coordinate with the Ministry of Health in vaccine assessment and risk management during circulation in the country. The health…
Many urban areas in Vietnam are suffering from pollution caused by urbanization. While the Government and construction industry are looking for solutions to restore the balance of the living environment, sustainable construction solution providers have found a big market in this country. Freek Crum, the APAC President of the water management solutions supplier – Wavin said that Vietnam is a big market for the providers of advanced solutions for the building and infrastructure industry. Wavin has over 20 projects in Vietnam ranging from residential to commercial buildings including the Head Office of Ministry of Foreign Affairs in HCMC, the Parliamentary…
An addition of nearly 400 firms in the northern province of Bac Giang are set to resume operations on July 1, but they face certain obstacles. They have to turn part of their factories into dining and accommodation areas for workers besides accommodation outside their premises to contain the spread of Covid-19. They have to pay rentals and hire buses to transport the workers daily. The number of employees returning to work is only increasing gradually, and so firms face a shortage of workers. “We resumed production nearly three weeks ago, but to date, only 60-70 workers have come back,”…
A rulebook for to-be cryptocurrency investors Read more: EconomicTimes
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Vietnam recorded two Covid-19 deaths in HCMC Tuesday morning, bringing the national coronavirus fatality tally to 78. More stories at Vietnam Insider’s homepage. Both deceased patients are men with several underlying conditions, the Ministry of Health said. One patient, a 77-year-old man in Binh Tan District, had had a stroke in the past and been confined to his bed in the last four years, unable to speak. He also had hypertension. He tested positive for the coronavirus and was transferred to the Trung Vuong Hospital on June 20 while in a coma. Despite numerous treatments, he died the same day.…