News

News
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HCMC Prepares For Potential Post-Tet COVID-19 Outbreak

Posted byNguyen Ayi

by Joe Fotalattee

Tet will increase the risk of bringing sub-variants into Vietnam due to exchange, travel, and cross-border trade. The health sector in Ho Chi Minh City has mobilized medical resources to effectively prevent and control the COVID-19 epidemic.

The Director of Ho Chi Minh City Department of Health suggested that the heads of 51 medical facilities prepare personnel specialized in emergency resuscitation. Within 24 hours from activation request, hospitals are to be ready to treat patients at field hospitals.

Officials have planned for seven scenarios and levels of potential outbreaks.

In preparation for scenario 1, the hospital in Binh Chanh district, at 9A-B Nguyen Van Linh street has a capacity of 100 beds for intensive care, and this hospital prepared drills on January 17.

The seven scenarios being prepared by public health officials:

  • Scenario 1: 100 beds require 162 people, including 54 doctors and 108 nurses.
  • Scenario 2: 300 – 600 beds (with 100 resuscitation beds) require 240 people, including 80 doctors and 160 nurses.
  • Scenario 3: 600 – 900 beds (with 150 resuscitation beds) need 348 people, including 116 doctors and 232 nurses.
  • Scenario 4: 900 – 1,200 beds (with 200 resuscitation beds), needing 474 people, including 158 doctors and 316 nurses.
  • Scenario 5: 1,200 – 1,500 beds (with 250 resuscitation beds) require 588 people, including 196 doctors and 392 nurses.
  • Scenario 6: 1,500 – 1,800 beds (with 300 resuscitation beds) require 708 people, of which 236 doctors and 472 nurses.
  • Scenario 7: Over 1,800 beds (with 450 resuscitation beds) need 954 people, of which 318 doctors and 636 nurses.
Education
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New Majors And Admission Policies In 2023

Posted byNguyen Ayi

by Joe Fotalatte

Universities in Vietnam offer new majors and admission policies in 2023 including programs in veterinary, data science, Korean language, digital marketing, and more.  Here’s a breakdown of some new programs courtesy of VNA:

Foreign Trade University introduced political economy and international Economy programs at its main campus. For all three facilities in Hanoi, Ho Chi Minh City, and Quang Ninh, the overall target of admissions is 4,100.

The Hanoi University of Industry intends to launch several majors, including linguistics, smart manufacturing engineering, renewable energy, and biomedical engineering technology.

The Ho Chi Minh City University of Economics and Finance has announced the launch of a new training program in digital marketing. The school’s overall target enrollment is 6,610 students for 34 training majors.

The University of Water Resources announced that it will open three new majors, Korean Language, Chinese Language, and Economic Law, with an expected target of 40 students, as part of the project to enroll full-time undergraduate students in 2023.

A new application for Logistics and Supply Chain Management is being finished by Ho Chi Minh City University of Management and Technology. The university made an official announcement about the enrollment of students majoring in multimedia communication in 2023.

Five new majors will be available at the Ho Chi Minh City University of Food Industry, including financial technology, data science, law, logistics and supply chain management, and e-commerce.

Pham Ngoc Thach Medical University has a newly established branch of Traditional Medicine and Pharmacy, which will initially train doctors in traditional medicine and pharmacy.

An Giang University announced that it would open and take applications for the major in university-level formal training in a brand-new field of study, veterinary medicine.

New BriefsNews
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News Briefs January 18, 2023: Vietnam President Resigns, Sleeper Bus Accident Kills Three, Stealing From Teachers

Posted byNguyen Ayi

By Joe Fotalattee

Vietnam’s President Nguyen Xuan Phuc Resigns

Following several changes in the country’s leadership, Vietnam’s President Nguyen Xuan Phuc declared he would step down. Following the dismissal of two deputy prime ministers, Pham Binh Minh and Vu Duc Dam, Phuc is the third high-level official to either resign from his position or be fired from it this month. On Wednesday, the National Assembly will convene to formally accept the resignation.

As president, Phuc had a significant influence on Politburo, the body that set the Communist Party of Vietnam’s policies. In a statement from his party, he was thanked for his service but it was also made clear that he was accountable for any infractions committed by those who worked for him.

Sleeper Bus Accident Kills Three

At 2 a.m. this morning, January 18, a sleeper bus lost control, flipped, and collided with three motorcycles while it was traveling on Highway 6 in Hoa Binh province. Twenty people were hurt and three people died immediately.

In an interview with Tuoi Tre Online on January 18, a representative of the People’s Committee of Tong Dau commune (Mai Chau district, Hoa Binh province) stated that the police department was investigating the traffic collision.

As soon as he entered the boundaries of Tong Dau commune, he lost control of his brakes, collided with three motorcycles, struck the right side rail, and overturned.

Stealing From Teachers

Tuoi Tre reported police in Ho Chi Minh City are looking for a man who broke into a primary school in Thu Duc City on Monday during a ceremony honoring the flag and stole VND15 million (US$640) from numerous teachers.

 

News
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Circle K Roof Collapses On Customers

Posted byNguyen Ayi

By Joe Fotalatte

This morning on January 18th, many workers and customers were crushed beneath a sudden collapse of the ceiling of the Circle K store in Ward 4, District 4.

The first person was removed from the scene at 9:45 am, and the victim’s body bore numerous wounds was unresponsive.

“I heard a loud bang while I was inside the house. Some people shouted for help loudly, but nobody could get in because the door was blocked by goods”, neighbor Ms. Huong told VnExpress.

The shop has reportedly been closed for a few days for repairs, it has recently started up again.

It is impossible to estimate the precise number of victims trapped inside, according to Colonel Huynh Quang Tam, Head of the Fire Prevention and Rescue Police Department of the Ho Chi Minh City Police Department.

According to Colonel Tam, the first victim was a female. “The rescue force is pumping oxygen into the scene and dismantling steel structures, loading and unloading goods to take the victims out.”

Steel frames and heavy objects threw 9th graders to the ground.

The store overstocked Tet goods, causing an overload that caused the iron floor to collapse, according to Major Hung Nguyen Thuan, deputy head of the rescue team.

Four of the store’s eight ground-floor employees working at the cashier counter were able to flee when the incident occurred.

Major Thuan stated that reaching the victims required the use of numerous bracing devices because the steel structure of the floor had changed and large objects had blocked the entrances. The rescue operations are ongoing.

CrimeNews
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Crypto Ponzi Scheme Continues In Vietnam

Posted byNguyen Ayi

Opinion by Joe Fotalattee

Washington’s legal crackdown on cryptocurrencies was long overdue, and the SEC on Friday, January 15, 2023 accused some of the biggest names in the industry of running an unauthorized lending service that caused significant losses for clients.

The U.S. Securities and Exchange Commission (SEC) accused Genesis Global Capital, a cryptocurrency lender, and Gemini, a former business partner, of selling unregistered securities through Gemini Earn. Genesis is a division of the Barry Silbert-founded Digital Currency Group, while Tyler and Cameron Winklevoss, who are both billionaires, run Gemini.

The companies are charged with using the success of Gemini Earn, which guaranteed investors a return of up to 8%, to raise billions. The issue: According to the SEC, they broke securities laws by disregarding “disclosure requirements intended to protect investors.”

The SEC claims that 340,000 Earn customers have a $900 million loss. Injunctive relief, civil penalties, and restitution for “ill-gotten gains” are demanded in the complaint.

Additional writing on the wall for the crypto bust is Crypto.com also announcing on Friday that 20% of its staff would be laid off. The crypto exchange grew “ambitiously,” according to CEO Kris Marszalek, but was unable to withstand the demise of Sam Bankman-Fried’s crypto empire FTX, he wrote in a blog post.

Losing a job is better than losing your life savings. With Vietnamese media companies pushing pump-and-dump schemes on their unsuspecting readers, one wonders what billionaires in Vietnam are behind the positive spin of Crypto, which has been proven to be riddled with fraud and lacking intrinsic value.

Vietnam appears to lack any “disclosure requirements intended to protect investors” and the government should step in with regulations to prevent the loss of millions, and the media should not be creating a new financial crisis to benefit the billionaires.

FinanceNews
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Da Nang Attractive To Foreign Investors

Posted byNguyen Ayi


by Joe Fotalattee

On January 16, Nguyen Van Quang, a member of the Party Central Committee, hosted in Da Nang delegations from the consulates general of China, Japan, Laos, and the Russian Federation.

In attendance at the meeting were the consul generals of the various nations, who sent greetings for the Lunar New Year of 2023 to the secretary of the city party committee and the city’s authorities. Consuls from other nations expressed their appreciation and congratulations for Da Nang’s socioeconomic recovery and development in 2022.

Consul Generals from China, Japan, Laos, and the Russian Federation declared that they would continue to promote bilateral cooperation in the future, fostering connections between Da Nang and regions and units of other nations.

Nguyen Van Quang, the secretary of the Da Nang City Party Committee, praised the accomplishments of the socioeconomic development of China, Japan, Laos, and the Russian Federation.

Da Nang city, in particular, has many advantages in luring investment, including an abundance of human resources, numerous preferential policies, industrial parks, and high-tech parks.

According to VNA, leaders of Danang are dedicated to continuously fostering a favorable environment, streamlining administrative processes, and encouraging support for foreigners and businesses operating in and around Da Nang.

FinanceNews
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Pork Sales For Tet

Posted byNguyen Ayi


By Joe Fotalattee

VNA is reporting major retailers are advertising steep discounts on necessary consumer goods in preparation for the Lunar New Year.

The Union of Trade Cooperatives of Ho Chi Minh City, in particular, continues to “pump” 12,000 Tet products and programs to the market to meet consumer shopping and consumption needs for the Lunar New Year of the Rabbit in 2023. Pork is the primary ingredient in Tet dishes like banh chung and banh tet, and retailers are slashing pork prices.

Saigon Co. Op is providing a 30% discount on ground pork products, pork bones, pig bones, pork ribs, and pork ribs.

A variety of food products will continue to be promoted through sales, according to Phan Van Dung, Deputy General Director of Vietnam Animal Products Industry Joint Stock Company (VISSAN). The price will remain stable to boost consumer demand.

The volume of goods expected to enter the market may rise by an average of 20 to 35 percent during the week leading up to the Lunar New Year in 2023.

The government and retailers have been working together to ensure no stock shortages and to curb inflation. The economic outlook for 2023 continues to remain positive.