The test of locally-made Nanocovax vaccine has yielded positive signs. In case of emergency approval, Vietnam would be able to produce 100 million doses per year. Nanocovax of Nanogen Pharmaceutical Biotechnology JSC is currently Vietnam’s Covid-19 vaccine with the most potential. This vaccine is now in the third phase of trial, with the participation of […]
Read MoreThe 13th Party Congress Resolution says Vietnam aims to become a developed country with high income by 2045, when it will celebrate the 100th anniversary of the country’s establishment. This means that Vietnam has 24 more years to reach that goal. And it will be very difficult to turn this into reality if Vietnam still […]
Read MoreThe State Bank of Vietnam (SBV) is facing a delicate balance of curtailing excessive lending to real estate developers while reducing imminent Covid-19 risks to the sector, according to HSBC. Referring the property sector as an increasing source of growth for Vietnam, the bank in its latest report noted real estate activity in the country […]
Read MoreThe northern province of Bac Giang, dubbed Vietnam’s “kingdom of lychee”, has devised three scenarios for the sales of its staple in the face of the COVID-19 pandemic. The province has become a hotspot of COVID-19 outbreaks in recent times, with thousands of confirmed infections, mostly in its industrial parks. In the first scenario, if […]
Read MoreFrom August 1, 2021, a 5 percent VAT and 2 percent PIT will be imposed on services such as saunas, massage, karaoke, discotheques, billiards, internet, games, tailoring, laundry, haircut and hairdressing, and other services. The stipulation is part of the Ministry of Finance’s newly released Circular No 40 VAT and PIT management. The newly released […]
Read MoreVietnam Airlines is in an extremely difficult situation as it continues incurring losses. Private airlines, including Vietjet Air and Bamboo Airways, have also been affected financially. The Ministry of Planning and Investment (MPI) said that the Covid-19 pandemic has caused the air transport market to seriously decline. Air transport demand has decreased by 34.5-65.9 percent […]
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