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Party, State leaders, parliamentarians commemorate President Ho Chi Minh

The delegation of Party and State leaders and parliamentarians pay tribute to late President Ho Chi Minh on May 19 (Photo: VNA)

Party and State leaders and National Assembly (NA) deputies paid homage to President Ho Chi Minh to mark the late leader’s 130th birthday on May 19, one day ahead of the 14th parliament’s ninth session, VNA reported.

Those joining in the event, which is also a regular activity ahead of each parliamentary session, included Politburo member and NA Chairwoman Nguyen Thi Kim Ngan, Politburo member and Permanent Member of the Party Central Committee’s Secretariat Tran Quoc Vuong, along with Secretary of the Party Central Committee and President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man.

Other Politburo members, secretaries of the Party Central Committee, the Vice President, NA vice-chairpersons, deputy prime ministers, officials of ministries and sectors, along with legislators were also present.

Laying wreaths at the late leader’s mausoleum, the delegates expressed their endless gratitude to President Ho Chi Minh, who devoted his entire life to national independence, freedom and the people’s happiness.

Vietnam shares COVID-19 combat experience with WHO Assembly

PM Nguyen Xuan Phuc shares Vietnam's initial success in containing COVID-19 at the 73rd session of the WHO Assembly.

At the online meeting of WHO Assembly, Prime Minister Nguyen Xuan Phuc noted that Vietnam has implemented many effective measures to bring the epidemic under control with a low rate of infection and no deaths, VOV reported.

Phuc elaborated that Vietnam was aware of the dangers of the epidemic when it started to break out in the country. The government mobilized the involvement of authorities at all levels, the national healthcare system, scientists and soldiers in the battle under the motto of ‘combating the epidemic like fighting the enemy’.

Vietnam has implemented numerous drastic measures, including preventing external sources of infection, zoning off affected areas, tracing and quarantining suspected cases, conducting mass testing and effectively treating coronavirus patients.

The government accepted sacrificing its economic interests in the short term to protect the health and safety of the people, he said, adding that the Government’s policies and containment measures have received great support from the public.

To date Vietnam, a country of nearly 100 million people and integrating deeper into the region and the world, has recorded more than 320 infection cases with no deaths. May 19 was the 33rd day Vietnam has seen no new locally transmitted cases.

With the epidemic brought under control, the PM stressed Vietnam has entered the ‘new normal’ stage, focusing on economic recovery and epidemic control at the same time.

Vietnam ranks 2nd in top 10 fastest growing wealth markets

Illustrative photo by Vnexpress.

Vietnam ranks second among the world’s top richest markets regarding very high net worth individuals over the past decade, according to the Wealth-X Company in its new report titled “A Decade of Wealth”.

The country’s average annual growth rate of those with a net worth between $5-30 million, categorized as a very high net worth (VHNW) population, reached 13.9 percent during the 2010-2019 period, says Wealth-X, a leading global wealth information and insight provider.

This growth rate is only lower than Bangladesh at 14.3 percent, according to a recent Wealth-X report. It attributes Vietnam’s wealth performance to "robust economic growth supported by a young and expanding workforce and deepening integration in regional manufacturing supply chains."

Wealth-X said the proportion of super-rich people in the technology sector will increase significantly because technology businesses can overcome the Covid-19 crisis quite easily and can scale up faster than traditional industries.

Vietnam’s exports rise 2% in Jan-Apr period

Vietnam exported US$80.8 billion worth of products in the first four months of the year, inching up 2% over the same period last year, despite challenges raised by the global health crisis, Saigon Times cited report from General Department of Vietnam Customs.

Data from the customs agency singled out some groups of products that were the main contributors to the nation’s export growth in the four-month period, including computers and electronic parts, machinery, equipment and tools.

Specifically, the group of computers, electronics and components recorded export sales worth over US$12 billion during the year up to April, rising as high as 26% compared with the year-ago figure. With this impressive growth, this group outpaced the group of textiles and garments to become the nation’s second largest export earner.

The four-month period saw outbound sales of computers and electronics to China soaring a staggering 40% against the year-ago period to hit US$3.4 billion.

The group of machinery, equipment and tools earned an export value of US$6.7 billion, improving 27% versus the 2019 figure.

Besides this, other groups such as toys and sport equipment; electric wires; and wood and wooden products saw their export value rising 76%, 38% and 5% in the four months, respectively.

Meanwhile, many items saw a slowdown in export sales over the four-month period due to the spread of the coronavirus pandemic. Some even recorded negative growth for exports such as smartphones and accessories, textiles and garments.

Livestream marks launch of first COVID-19 fashion collection

Local designer Chung Thanh Phong unveiled a fresh fashion line to the public via a Facebook livestream on May 18 with the theme of “Save Yourself” to promote efforts to combat COVID-19, according to VOV.

The launch of “Save Yourself” marks the nation’s first COVID-19 fashion collection. The non-profit campaign was initiated by Vietnamese designer Thanh Phong with the aim of creating jobs for workers in addition to promoting the domestic garment and textile sector which has been severely impacted by the virus.

The latest fashion line features a total of 10 designs that are suitable for both men and women, conveying a message that it is the sole responsibility of each individual to take necessary steps to protect their own health from the COVID-19.

All designs in the collection showcase a dynamic style and are suitable for people from a variety of different age groups.

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