Author: Kevin Le

After climbing for five consecutive times, the ministries of Industry and Trade and Finance, on November 25, decided to lower retail gasoline prices. However, the prices of RON95 and E5 RON92 gasoline remain at a high level. More stories at Vietnam Insider’s homepage. Accordingly, the price of E5 RON92 gasoline dropped by VND752 per liter to VND22,917 per liter, and that of RON95-III gasoline retreated to VND23,902 per liter, down VND1,094 per liter. Diesel oil 0.05S slid to VND18,382 per liter, a decrease of VND334 per liter. Kerosene was sold at VND17,197 per liter, down VND440 per liter. Fuel oil…

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  Nitazoxanide compound synthesized at the Hà Nội-based Institute of Chemistry under the Việt Nam Academy of Science and Technology. Photo Courtesy of the institute HÀ NỘI —  Nitazoxanide has been successfully synthesized by the Institute of Chemistry, under the Việt Nam Academy of Science and Technology, to produce drugs to treat COVID-19 patients with mild and medium symptoms.  The compound was synthesized on a pilot scale, which is larger than on a laboratory scale but smaller than the production scale. Professor and PhD Nguyễn Văn Tuyến, Director of the Institute of Chemistry, said that the institute’s scientists studied…

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The real estate market in Vietnam continues to thrive in 2021 and beyond after COVID-19. It is no wonder that foreign investors are turning their attention to the blooming market. As they settle in, a major problem remains: How can foreigners own property in Vietnam when the loan criteria are unfavorable for them? Foreign buyers can still apply for bank loans or they can seek assistance from groundbreaking alternatives. One of the real estate market’s pioneers is Homebase, a proptech company that provides a more flexible and seamless process to own homes in Vietnam. They are backed by multi-billion dollar…

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A third shot has been deemed by experts as needed because of the waning efficacy of two doses of vaccines against COVID-19. The Health Ministry of Vietnam has instructed localities to develop a plan for administering the third dose of COVID-19 vaccines, the ministry announced on Wednesday. Priority will be given to people over 50 years of age, Vietnam News citied the announcement from Health Ministry. According to the report, health ministry also asked localities to accelerate the current vaccination program and review the list of people who received two doses of vaccine, in preparation for the third. According to…

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Vietnam’s benchmark VN-Index surged 1.72 percent to a new peak of 1,488.87 points Wednesday, with banking stocks leading blue chip stock growth for the second time this week. The index started off the morning in the green and continued to gradually climb throughout the day, closing 25 points higher. This is its biggest gain in four weeks. “I’m grateful for investor’s ever strong enthusiasm which drives VN-Index to continued all time highs”, Le Hai Tra, the CEO at Ho Chi Minh Stock Exchange (HoSE) said. Trading value on the HoSE, on which the index is based, surged nearly 37 percent…

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  Nguyễn Tuấn Anh (left) seen in a training with his teammates for the AFF Cup 2020. — Photo feed24h.net HÀ NỘI — Talented midfielder Nguyễn Tuấn Anh is likely to have his first opportunity with the Vietnamese national team to play in the AFF Cup 2020. Anh’s knee injuries have deprived him of the opportunity to play at two previous AFF Cup tournaments in 2016 and 2018. If Anh can return to full fitness, he may well shine at the event in Singapore from December 5, 2021 to January 1, 2022. Among the players of the…

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Two people in Vietnam’s central province of Thanh Hoa died on Wednesday morning after getting the Vero Cell COVID-19 vaccine while three others are being treated at a local hospital. They were inoculated on Tuesday. All of them are from Nong Cong District, the provincial Department of Health confirmed. ###: Vietnam capital city of Hanoi records 274 new covid cases On Tuesday, the district’s health centre organised the second doses of Vero Cell vaccine for workers and employees at Kim Viet Shoe Co., Ltd in Nong Town Industrial Complex. All people who registered for the vaccination underwent health screening by local…

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Kurt Campbell, the US National Security Council’s coordinator for the Indo-Pacific, has described Vietnam as one of the countries to define the future of Asia, according to the asia.nikkei.com. More stories at Vietnam Insider’s homepage. The website reported that while speaking at an event hosted by the US Institute of Peace in Washington, Campbell noted that many high-tech and manufacturing companies are increasingly looking in Vietnam “to diversify their holdings, investment, patterns of trade in Asia”. He also noted Vietnam’s “remarkable growth in its technology sectors and the like”. “They are raising their diplomatic game,” he was quoted as saying,…

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  Vietnamese President Nguyễn Xuân Phúc (right) and Swiss counterpart Guy Parmelin met on the sidelines of the UN General Assembly in New York in September. — VNA/VNS Photo Thống Nhất HÀ NỘI — Vietnamese Ambassador to Switzerland Lê Linh Lan has granted an interview for the Vietnam News Agency ahead of President Nguyễn Xuân Phúc’s official visit to Switzerland at the invitation of his Swiss counterpart Guy Parmelin. During the visit from November 25-29 coinciding with the 50th anniversary of diplomatic relations,  President Phúc will hold talks with Swiss President Guy Parmelin and meet with President of Swiss National Council…

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Vietnam and Indonesia will achieve the two-way trade target of 10 billion USD by 2023, said the newly arrived Consul General of the Republic of Indonesia in HCMC in the webinar Indonesia – Vietnam Business Opportunities to Accelerate Economic Recovery.  Mr Agustaviano Sofjan in the opening of the webinar The webinar was organized by the Consulate General of the Republic of Indonesia in HCMC on 24 November. In the event, Ms Bui Thi Thanh An – Deputy Director General of VIETRADE, Ministry of Industry and Trade Vietnam – addressed that Indonesia is Vietnam’s third largest partner among ASEAN. In 2020,…

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