Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM DECLARES COVID-19 A NATIONAL EPIDEMIC
Prime Minister Nguyen Xuan Phuc officially declared Covid-19 a national epidemic Wednesday afternoon, as infections reached 212 in 25 cities and provinces.
Phuc declared the Covid-19 outbreak an epidemic on February 1. However, there were only six people infected by the disease in three provinces Khanh Hoa, Vinh Phuc and Thanh Hoa at the time.
The government then classified the coronavirus infection a "class A infectious disease of global emergency" that can transmit from human to human through the respiratory system.
According to the Law on Prevention and Control of Infectious Diseases, class A infectious diseases consist of extremely dangerous infectious diseases that are capable of rapid, widespread transmission with either a high mortality rate. Class A infectious diseases currently include polio, influenza A-H5N1, plague, smallpox, Ebola, Lassa and Marburg hemorrhagic fever, West Nile fever, yellow fever, cholera, severe acute respiratory infections caused by viruses and other dangerous infectious diseases of unknown cause.
Vietnam has implemented 10 forms of responses under the Law on Prevention and Control of Infectious Diseases, including the establishment of National Steering Committee for Covid-19 Prevention and Control, implementing health declarations requirements, organizing testing and mobilizing resources for treatment and others.
This time the Prime Minister officially announced the Covid-19 is a national pandemic, as infections have been recorded in 25 out of 63 cities and provinces, with Hanoi and HCMC the worst hit.
The Law on Prevention and Control of Infectious Diseases stipulates that the Prime Minister declares epidemics at the request of the Minister of Health for Group A infectious diseases when the epidemic spreads from one province to another, seriously affecting lives and people's health.
At a higher level, this law also states that, the legislative National Assembly declares a state of emergency at the request of the prime minister. In cases when the National Assembly Standing Committee cannot meet immediately, the president shall issue an emergency declaration.
As of Wednesday morning, Vietnam had recorded 212 infections. 63 of those have been discharged from hospital.
To date, the Covid-19 pandemic has claimed more than 42,300 lives in 203 countries and territories.
Source: Vnexpress
Related News
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
EXPLORE HONG KONG WITH A COMPANION
From now until 19 August 2024, you can enjoy our exclusive Fly 2 Hong Kong offer on round-trip Economy flights from USD364^ for 2 persons, sponsored by Hong Kong International Airport. Bring along a travel buddy and experience together the excitement and charm of our vibrant home city.
![Card image cap](/uploads/news/Factory%201.jpg)
BUSINESSES INCREASE WISHES FOR SPECIALISED INDUSTRIAL PARKS
Data centres, industrial parks (IPs) reserved for high-tech production, and parks serving Chinese, the United States, Taiwanese, or Japanese investors are gradually being formed to welcome new funding waves, according to Truong An Duong, general manager of North Vietnam and Residential at Frasers Property Vietnam.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/Investment6.jpg)
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.