Day: October 9, 2021

National Assembly (NA) Chairman Vuong Dinh Hue met voters in Tien Lang district, the northern city of Hai Phong via videoconference on October 9, ahead of the second session of the 15th legislature.

At the event, Hue informed voters about the outstanding results of the 15th NA’s first session, and preparations for the second one.

The top legislator said that at the upcoming session, the Government will make a report on the results of COVID-19 prevention and control over the past time and future solutions.

The NA will issue an overall strategy from the central to local level based on scientific data to offer scenarios and solutions to the pandemic, as well as look into a master plan on post-pandemic economic, social, educational, medical and cultural recovery.

In the near future, the NA Standing Committee will continue issuing policies to offer tax exemption, reduction and payment delay in support of residents and firms amid difficulties, he added.

Voters at the event also spoke highly of the Party and State’s sound leadership, the NA’s flexibility and responsibility, and the active involvement of the entire political system, agencies and localities in fulfilling the dual goals of fighting the pandemic, and restoring socio-economic development and ensuring national defence-security over the past time.

The same day, the NA Chairman also met with voters in the city’s Hong Bang district.

Source: Vietnam News Agency

The Ministry of Information and Communications is collecting feedback on a draft master plan on information and communications (ICT) infrastructure for 2021-2030 with a vision to 2050, which outlines four scenarios for the growth of the market.

In the first scenario, the market will keep growing with a total revenue of 653 million USD by 2025. Vietnam will be among the top 50 countries globally in terms of the sector’s contribution to the gross domestic product (GDP). With nearly 46,600 racks that need to be installed by 2025, it is necessary to have at least 17,000 Gbps for domestic broadband connection.

Under the second scenario, digital applications will become popular in the entire population and industries. In terms of the sector’s contribution to the GDP, Vietnam will be one of the top 30 countries worldwide. By 2025, the total revenue from cloud computing services will reach 1.1 billion USD and about 80,000 racks need to the installed, thus requiring at least 22,000 Gbps for domestic broadband connection.

With digital applications widely used in all sectors and thriving digital transformation, Vietnam is expected to be among 10 countries worldwide in the contribution of the cloud computing market to the GDP in the third scenario. By 2025, the total revenue is estimated at 4.3 billion USD while 327,000 racks need at least 62,000 Gbps.

According to the fourth scenario, Vietnam will strive to become a digital hub in the region and earn 4.7 billion USD by 2025. With about 335,000 racks, the demand for domestic broadband connection is equivalent to that in the third scenario.

Statistics showed that Vietnam’s cloud computing market was worth about 200 million USD in late 2020 with a growth of 20.67 percent during the 2016-2020 period.

Source: Vietnam News Agency

The General Statistics Office (GSO) has proposed the Government prioritise effective pandemic prevention and control, and continue aid packages for enterprises in a bid to boost GDP growth given difficulties caused by COVID-19.

GSO Director General Nguyen Thi Huong advised domestic firms to closely work with multinational foreign direct investment (FDI) businesses like Samsung and Toyota to seek material suppliers in Vietnam capable of fulfilling their needs in both short and long terms.

Vietnam’s gross domestic product (GDP) declined by 6.17 percent year-on-year in the third quarter, the sharpest drop since the country began announcing its quarterly GDP figures in 2000.

However, the overall GDP expanded by 1.42 percent in the first nine months of 2021 from the same period last year, marking a great success of the country in the fight against the COVID-19 pandemic and maintaining production and business amid the prolonged period of social distancing in many provinces and cities.

During the period, the agro-forestry-fishery sector posted an expansion rate of 2.74 percent, contributing 23.52 percent to the overall growth; with the figures for industry and construction being 3.57 percent and 98.53 percent, respectively. Huong said a number of sectors could recover in the fourth quarter if COVID-19 is brought under control, public investment disbursement is accelerated, and financial aid packages are promptly implemented.

Notably, when the world demand in the last months of the year tends to increase, Vietnam will have the conditions to strive for the highest possible growth amid its combat against the epidemic, the official noted.

Source: Vietnam News Agency

National flag carrier Vietnam Airlines will resume two-way flights between Hanoi and Ho Chi Minh City and Da Nang; between Ho Chi Minh City and Hai Phong, Vinh, Thanh Hoa, Quy Nhon, Hue, Da Nang, Quang Nam, Dong Hoi, Nha Trang, Tuy Hoa and Phu Quoc; and between Thanh Hoa and Da Lat, starting from October 10.

Accordingly, there will be one flight per day from Hanoi and Ho Chi Minh city and vice versa, using wide-body Boeing 787 or Airbus A350.

On other routes, five daily flights will be run from October 10-20.

A total of 152 flights will take off during the period. Tickets will be sold after authorities allow.

Further information could be found on the website www.vietnamairlines.com, Vietnam Airlines app, www.facebook.com/VietnamAirlines, or Vietnam Airlines’ ticket agents nationwide or the customer care hotline 1900 1100.

Source: Vietnam News Agency