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Pfizer to provide Vietnam 20 mln vaccine doses, consider tech transfer

Vietnam on Wednesday said Pfizer would provide an additional 20 million doses of its COVID-19 mRNA shot, as the country tries to shore up supplies at a time of record infection number.

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Samsung among companies in HCMC ordered to suspend operations on COVID-19

HCMC asked Samsung Electronics HCMC CE Complex and other firms with factories in the Saigon Hi-Tech Park to suspend operations and set up on-site sleeping accommodations for workers amid the virus outbreak.

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Ho Chi Minh City’s largest employer to suspended production from July 14 on pandemic

COVID-19 pandemic has forced Pouyuen Vietnam, the biggest employer in Ho Chi Minh City, to suspend operation 10 days beginning July 14.

News

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The US will not take any trade action against Vietnam

United States Trade Representative said it will not take any trade action against Vietnam, according to its conclusion of an investigation into the acts, policies and practices of Vietnam related to currency.

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Vietnam’s Southern region under broad order of on-site sleepovers

Several localities in Southern region of Vietnam have called enterprises to apply on-site sleepovers to maintain productions while preventing the spread of novel coronavirus.

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Pfizer to provide Vietnam 20 mln vaccine doses, consider tech transfer

Vietnam on Wednesday said Pfizer would provide an additional 20 million doses of its COVID-19 mRNA shot, as the country tries to shore up supplies at a time of record infection number.

Economy

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Exports up 25.5 pct in seven months

Vietnam gained $185.33 billion from exporting commodities over the last seven months of 2021, a year-on-year increase of 25.5 percent, according to the General Statistics Office.

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Vietnam’s living cost rises 0.62 percent in July

July consumer price index rose 0.62 percent against the previous month and picked up 2.25 percent compared to December last year, according to data from the General Statistics Office.

Companies

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PNJ Jewelry firm’s six-month profit rises 67.4% to $32 million

Vietnamese Jewelry maker has recorded VND736 billion ($32 million) after-tax profit, up 67.4% from a year earlier, according to the company’s statement.

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Samsung among companies in HCMC ordered to suspend operations on COVID-19

HCMC asked Samsung Electronics HCMC CE Complex and other firms with factories in the Saigon Hi-Tech Park to suspend operations and set up on-site sleeping accommodations for workers amid the virus outbreak.

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Vietnam's VinFast starts operations in North America and Europe

Vietnam's first domestic car manufacturer, Vinfast, said on Monday it has opened offices in North America and Europe, joining a crowded field of players seeking to woo customers with smart electric cars.

Market

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Finance ministry announces roadmap to reorganise stock market

Minister of Finance plans to rearrange the securities trading market in a newly-promulgated Circular, a move towards the merging two national stock exchanges into one named the Việt Nam Stock Exchange.

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Masan gets approval to remove foreign ownership limit

Vietnam’s private conglomerate Masan Group has got approval from the State Securities Commission to raise foreign ownership limit to 100%, according to a statement posted on its website.

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Casino operator stock skyrockets despite sustained losses

Ticker RIC of the Royal International Corporation has surged 755 percent since January despite the company reporting losses for years.

Real Estate

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BW and ESR convert warehouse into COVID-19 field treatment centre

BW Industrial Development JSC and ESR Cayman Ltd accelerated the completion of a 40,000 sqm facility in the My Phuoc 4 Industrial Park which will serve as a makeshift COVID-19 treatment centre.

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Nam Long partners with Japan’s major railway operator to build new affordable condo project

Nam Long Apartment Development Corporation, a member of Nam Long Group has teamed up with Nishi Nippon Railroad Japan to develop a new affordable condo project named EHome Southgate in Long An.

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Real estate firms seek to adapt and thrive in the “new normal”

When the current strategy turned outdated and unsuitable to the new conditions, change needed for further sustainable development is a challenge that most real estate developers have to overcome.

Life & Art

World

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Jeff Bezos to Step Down as Amazon CEO; Andy Jassy to Take Over

The company announced changing roles as it reported that revenue in the fourth quarter soared 44% to $125.56 billion

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China failed to buy agreed amounts of U.S. goods under ‘phase one’ trade deal

China has so far failed to meet its committed purchases of U.S. goods under the “phase one” trade deal that it struck with the Trump administration.

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Signal and Telegram downloads surge after WhatsApp says it will share data with Facebook

Downloads of privacy-focused messaging apps Signal and Telegram got a boost as users looked for alternatives to Facebook-owned WhatsApp over concerns about changes to the service’s privacy policy.