Vietnam leads rapid recovery in Southeast Asian supply chains. Auto component makers ramp up output as Hanoi eases pandemic restrictions. As coronavirus cases fall dramatically across Southeast Asia, supply chains in the region are racing to recover to full strength after months of factory stoppages and production cuts. Vietnam in particular is seeing a rapid return to normality as Hanoi finally eases restrictions. About 200 factories in the country contracted to make sportswear for Nike have resumed operations, according to local media reports. An industrial park in Ho Chi Minh City that houses plants operated by Samsung Electronics and Intel will “provide assistance…
Author: Kevin Le
This is the seventh delivery to Vietnam, totaling more than 15 million COVID-19 vaccine doses made available by the United States. More stories at Vietnam Insider’s homepage. The US, in partnership with COVAX, has provided 2,873,520 additional life-saving doses of the Pfizer-BioNTech vaccine to Vietnam. 1,316,250 doses arrived on November 6 in Hanoi, and 1,557,270 doses arrived in two shipments on November 7 and 8 in Ho Chi Minh City. The US has committed more than US$30.2 million in COVID-19 related assistance for Vietnam since the beginning of the pandemic. Building on the US’ longstanding cooperation and investment in Vietnam’s…
Australian Foreign Minister Marise Payne speaks at the event. —VNA/VNS Photo HÀ NỘI — Promoting the wide participation of women in peace and security in the region was important and has been often put on the agenda for discussions among ASEAN members, said Foreign Minister Bùi Thanh Sơn while addressing the opening of the second ASEAN-Australia Dialogue on Women, Peace and Security via teleconference in Hà Nội on Tuesday. The event, entitled “Women, peace and security: progressing implementation on the road to recovery from COVID-19”, was co-hosted by the Ministry of Foreign Affairs of Việt Nam and the Australian Department of Foreign…
Standard Chartered Bank has identified the nation as one of the priority destinations among emerging economies due to its development potential and open-door policy. More stories at Vietnam Insider’s homepage. These remarks were made by Jose Vinals, group chairman of the bank, during the course of a dialogue with Vietnamese Minister of Industry and Trade Nguyen Hong Dien held within the framework of Prime Minister Pham Minh Chinh’s recent trip to COP26 in Glasgow, the UK. Minister Dien stated that the country will devise necessary institutions in a bid to reinforce the internal strength of the national economy and raise…
Workers are packing dragon fruit for export. — VNA/VNS Photo HÀ NỘI — The traceability of goods, including transparency on origin, is key to building consumer trust and expanding Vietnamese goods in foreign markets, said Đinh Hoàng Linh, Deputy General Director of the General Department of Standards, Metrology and Quality. Linh made these comments during a recent seminar held by the Ministry of Science and Technology and the Ministry of Agriculture and Rural Development in Hà Nội. Improving traceability will make consumers feel safe using products with clear origin and guaranteed quality. It will also prevent commercial fraud and improve the…
The number of local tourists to the island city of Phu Quoc in the southern province of Kien Giang has been on the rise. Phu Quoc airport welcomed nearly 2,000 passengers between November 1-7, according to Nguyen Minh Dong, director of Phu Quoc International Airport. So far, Phu Quoc is serving four air routes linking HCMC, Can Tho, DaNang and HaiPhong with 7-8 daily flights each, local media reported. As per local regulations, all passengers are required to have tested negative for Covid-19 within 72 hours before their departure, have been fully vaccinated against Covid-19 or show a certificate of…
A U.S. citizen formerly residing in Vietnam has received a nine-year jail term for attempting to engage in sexual conduct with a Vietnamese boy. The sentence was handed out to Joseph Ricky Park, 66, by a U.S. federal court on Oct. 28, the U.S. Consulate General in Ho Chi Minh City stated Monday. He also received a lifetime of supervised release for the crime, local media reported. ###: Foreign man arrested for trafficking drugs into Vietnam The U.S. Immigration and Customs Enforcement, Homeland Security Investigations at the U.S. Consulate General in HCMC (HSI/HCMC) in partnership with the Diplomatic Security Service at…
Vietnam Maritime Bank (MSB) plans to divest all of its capital at FCCOM – its consumer finance business for more than $100 million and record a profit of VND1,800-2,000 billion next year. “At least 3 investors are interested in working with the bank for the divestment of FCCOM. The bank will sign a contract to transfer all shares of this company within November to focus on developing the retail banking business” Mr. Nguyen Hoang Linh, the CEO at MSB said in the investors meeting last Friday. “The transaction will be completed within next year if nothing changed. The estimated deal…
Passengers seen experiencing the Cát Linh-Hà Đông urban elevated rail line in Hà Nội on Sunday. VNA/VNS Photo Tuấn Đức HÀ NỘI — The Cát Linh-Hà Đông urban elevated rail line – the first of its kind in Việt Nam – carried about 80,000 passengers over the weekend after it started commercial operation on Saturday morning. On Sunday alone, 141 trips were made on the line, carrying more than 54,100 passengers. People flocked to experience first-hand the metro which is now offering free tickets for the first 15 days of its operation. Vũ Hồng Trường, director general of Hà Nội Metro…
Foreign travelers wishing to visit Vietnam are required to be fully vaccinated against COVID-19, have a negative COVID-19 test, book package tours, and have travel insurance, according to policies put forward by the Ministry of Culture, Sports and Tourism. First of all, foreign travelers must present a certificate to prove that they are fully vaccinated against COVID-19, with the vaccines being recognised by competent Vietnamese authorities. Secondly, visitors must show a negative COVID-19 test by the RTPCR/RT-LAMP method within 72 hours before departure. In addition, this certificate must be issued by competent authorities in the country where the test was…