Supply Chains in Southeast Asia Are Less Vulnerable After Delta-Driven Disruptions Vaccinations have risen and Covid-19 strategies have shifted in some of the region’s major manufacturing countries. The Delta-driven wave of infections wreaked havoc on supply-chains when it tore across Southeast Asia this summer, disrupting production of everything from semiconductors to sneakers and raising prices for Western consumers. But countries like Vietnam and Malaysia have learned from that experience and are better prepared for fresh waves of the virus, economists and factory operators say, as the new Omicron variant spreads globally. Some countries in the region, including Vietnam and Thailand,…
Author: Kevin Le
In an age in which it is hard to be anonymous, the identity of the cryptocurrency’s inventor remains a mystery. Thirteen years ago a person or group using the name Satoshi Nakamoto released a paper describing a new software system called bitcoin. Today bitcoin is worth more than $1 trillion and has sparked a phenomenon that, its proponents believe, might rewire the entire global financial network. There is a mystery at the heart of bitcoin, however. Who actually is Satoshi Nakamoto? On Oct. 31, 2008, Satoshi Nakamoto sent a nine-page paper to a group of cryptographers outlining a new form…
The train was put on a trial speed run on Monday. — VNA/VNS Photo HÀ NỘI — Trains on the Nhổn-Hà Nội Train station metro lines were put on a trial run at a maximum speed of 80km per hour on Monday morning. The speed was pushed to the maximum to check the operation quality as well as the synchronisation between the information, signals, and control systems, according to the Metropolitan Railway Management Board (MRB). The 12-kilometre Nhổn-Hà Nội Station metro line starts from Nhổn in Nam Từ Liêm District and ends at Hà Nội Station in Đống Đa District,…
Each year, there are about 25 million tons of municipal solid waste, 70% of which is directly buried, and about 8% -12% is plastic waste and plastic bags, with an increasing data as time goes by. According to the Institute of Sea and Island Research, plastic waste accounts for between 50% and 80% of marine litter. Currently, Vietnam is one of the countries with the fourth largest amount of waste discharged into the sea in the world, with a volume of about 0.28 to 0.73 million tons/year (equivalent to about 6% of the total plastic waste discharged into the ocean).…
Vietnam Says It Bought $25 Billion of Dollars Over Past 2 Years, according to a deputy governor. The move helped inject the Vietnamese dong into the banking system and boost the economy, Pham Thanh Ha told an economic forum in Hanoi Sunday. The U.S. Treasury last week announced that Vietnam met all the criteria again of being currency manipulator though it was “satisfied” with the progress made by the country to date on addressing exchange-rate issues. Nguyen Thanh Phong, deputy head of the central economic committee, told the forum that economic damage from the pandemic over the past two years…
Vietnamese team train for the opening match against Laos in the AFF Cup 2020 today. — Photo courtesy of the VFF HÀ NỘI — Việt Nam attend the upcoming AFF Cup 2020 as the defending champions and coach Park Hang-seo admits that puts great pressure on both himself and his team. “The Vietnamese team has just competed in six matches in the World Cup 2022 qualifying round and lost all six games,” said Park at an online press conference held in Singapore on Saturday. “This affected the team’s spirit. We also have a burden…
A total of 14,314 new cases of COVID-19 were confirmed in Vietnam on Sunday, bringing the total national tally to 1,309,092, The capital city of Hanoi reported 400 new cases, according to the Ministry of Health. Of the new cases, two were imported ones while another 14,312 cases were detected in 61 provinces and cities nationwide. A total of 8,142 locally transmitted cases were found in the community outside of quarantined areas or locked down ones. The business hub of HCM City continued to record the highest number of infections with 1,491, followed by Cần Thơ with 1,132, Sóc Trăng 775, Bà Rịa-Vũng Tàu…
A dialogue on promoting HCMC’s tourism industry between the city’s leaders and foreign cultural and the press officers and reporters, who are residing in Vietnam was held on December 3. The meeting was part of the activities of the HCMC Tourism Day 2021 that will be held online for the first time from December 4 -25. ###: Christmas Celebrations Across Asia as Covid is under control Speaking at the event, Vice Chairman of the HCMC People’s Committee Duong Anh Duc said that the city is Vietnam’s economic center and regional hub for trade, service and tourism. Particularly, the tousim sector…
Young actors take part in courses in performance skills launched by leading private theatres this year. They are trained in drama, comedy, music and dance by veteran artists. Photo courtesy of the HCM City Theatre’s Association By Thu Anh Young artists in HCM City are being encouraged to take part in courses in performance skills offered by private drama troupes and traditional theatres to meet industry needs. “Further training is still required for our young staff as the number of professional and talented actors in traditional art forms has declined in recent years,” Hoàng Vũ, deputy director of the HCM City Hát Bội (classical drama) Theatre, said. “Traditional forms like chèo (traditional opera) cải…
Vietnam’s EV Maker VinFast Plans U.S. IPO in Second Half of 2022. Vietnamese conglomerate Vingroup JSC is restructuring its automobile unit VinFast ahead of a planned U.S. initial public offering in the second half of 2022, Bloomberg reported. According to Bloomberg, Vingroup’s 51.52% stake in VinFast will be transferred to a Singapore subsidiary, the company said in an emailed statement on Saturday. The EV maker, which aims to roll out electric SUVs in the U.S., Canada and Europe late next year, is working with investment banks to prepare for an IPO that would make VinFast one of the first Vietnamese…