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VIETNAM NEWS HEADLINES DECEMBER 2

HCM City to pilot in-person classes in December

First smart e-bus fleet hits Hanoi street

VinBus Ecology Transport Services Limited Liability Company (VinBus), the transport services arm of conglomerate Vingroup, is due to launch the first smart electric bus fleet of Vietnam in Hanoi starting December 2.

Vietnam, Russia sign cooperation agreement on vaccine production

Vietnamese pharmaceutical company VABIOTECH and Sovico Group signed a cooperation agreement with Russian Direct Investment Fund (RDIF) on the supply and production of Sputnik V COVID-19 vaccine in Vietnam.

Banks warned of risks as they hold large amount of realty bonds

As major buyers in the market, commercial banks are holding large amounts of corporate bonds, mostly realty bonds. The central bank has issued a warning about the risks with the bonds.

Hanoi to spend VND437 trillion on housing projects until 2025

Hanoi will spend a total of VND437 trillion (USD18.83 billion) on housing projects in the 2021-2025 period.

Vietnam’s COVID vaccine developer stops third phase trial due to volunteers shortage

The third phase of clinical trials of Vietnam's homemade COVID-19 vaccine COVIVAC have been halted, due to a shortage of volunteers. 

Rising Covid case numbers threaten manufacturing recovery

New orders increased for the second straight month as the easing of pandemic restrictions in recent months improved demand in the sector. Moreover, the rate of expansion was solid and the sharpest since April.

 

Code of conduct on child protection in cyberspace to be issued

The Code of Conduct on Protection of Children on Cyberspace is scheduled for issuance in the fourth quarter of 2021.

COVID-19 deaths on the rise in HCM City

HCM City is seeing a rising number of COVID-19 deaths, recording up to 70 COVID-19 deaths daily in the last week, around three times higher than the figure in late October.

Vietnam to receive first Thai tourists in December

The first Thai travelers may arrive in Vietnam in December and Vietnamese would be able to travel abroad as part of an official tourism bubble established between the countries.

Vingroup to launch electric cars in the US, raise US$1 billion

Vingroup, owned by Vietnam’s richest man Pham Nhat Vuong, plans a billion-dollar deal as its subsidiary with electric car models VF e35 and VF e36 enter the US market.

Vietnam’s honey subject to US anti-dumping tax of 400%

Vietnam's honey production industry is facing a new challenge as honey exported to the US may be subject to a tax rate of up to 412.49%.

Project 89 support for PhD students is too low

The financial support of VND13-20 million a year for university lecturers studying in Vietnam for doctorate under Project 89 is too low, according to some educators.

VN representative wears national costume, voted best in swimsuit at Miss Grand 2021

Vietnam’s Nguyen Thuc Thuy Tien shone in a design called Blue Angel at the national costume competition of the Miss Grand International 2021 held in Bangkok on November 30.

Flood death toll rises to 9 in central Vietnam

Death toll from the floods that are hitting central Vietnam has risen to nine, while nearly 60,000 houses have been submerged, according to the National Steering Committee on Natural Disasters Prevention and Control.

Vietnam, Russia sign cooperation documents

Vietnam and Russia signed and exchanged a number cooperation documents in Moscow on December 1 during State President Nguyen Xuan Phuc’s ongoing visit to Russia.

Vietnam Airlines operates first regular direct flight from US

A Vietnam Airlines flight with 170 passengers on board departing from San Francisco, the US, arrived at Da Nang International Airport on December 1.

Stock market attracts more foreign investors

The number of accounts owned by foreign individuals and organisations in Vietnam’s stock market had hit more than 38,000 as of September 2021, a year-on-year surge of 34.7 percent.

South Korean ICT firms to contribute to ‘Make in Vietnam’ strategy

South Korean ICT firms have been encouraged to invest in Da Nang as Vietnam is prioritizing investment in hi-tech and innovation projects with a focus on R&D.

President Nguyen Xuan Phuc meets Russian Chairman of State Duma & Prime Minister

President Nguyen Xuan Phuc had a meeting with Prime Minister Mikhail Mishustin in Moscow on December 1 as part of his ongoing official visit to Russia.