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WHO to kick off international meet amid US-China tensions
18-05-2020 10:01
GENEVA: The World Health Organization (WHO) will on Monday (May 18) kick off its first ever virtual assembly, but fears abound that US-China tensions could derail the strong action needed to address the COVID-19 crisis.
China has fifth COVID-19 vaccine in human trial: Official
16-05-2020 08:46
BEIJING: China has a fifth potential coronavirus vaccine in a human trial and more are on the way, a health official said Friday (May15), as the world races to find a formula to stop the contagion in its tracks.
Global virus vaccine race heats up, but not without controversy
15-05-2020 16:30
Global tensions simmered over the race for a coronavirus vaccine on Thursday, as the United States and China traded jabs, and France slammed pharmaceuticals giant Sanofi for suggesting the US would get any eventual vaccine first.
Fresh test for Wuhan as cluster sparks mass COVID-19 screening
15-05-2020 08:58
WUHAN: Nervous residents of China's pandemic epicentre of Wuhan queued up across the city to be tested for COVID-19 on Thursday (May 14) after a new cluster of cases sparked a mass screening campaign.
COVID-19 outbreak enhances trend of "make where you sell"
14-05-2020 13:02
The COVID-19 outbreak is accelerating the shifting of corporate mindsets on diversifying from China and onboarding the trend of “make where you sell”. That may be the main reason behind Apple's rellocation in manufacturing lines in Vietnam.
Auxiliary border gates, crossings with China to reopen
14-05-2020 11:02
Prime Minister Nguyen Xuan Phuc has allowed the re-opening of auxiliary border gates and border crossings to resume trading activities between Vietnam and China, according to the Ministry of Industry and Trade (MoIT).
Trump 'not interested' in reopening US-China trade deal after report of Beijing discontent
12-05-2020 09:10
BEIJING: US President Donald Trump said on Monday (May 11) he opposed renegotiating the US-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.
Italian rice puts pasta in the shade during COVID-19 pandemic
11-05-2020 14:50
ROBBIO, Italy: Europe's top rice producer Italy has seen consumption of the staple rise throughout the COVID-19 pandemic, putting even pasta in the shade.
Russian Railways to organise trains to Vietnam
09-05-2020 11:13
JSC RZD Logistics, a subsidiary of Russian Railways, said it will organise trains from Russia to Vietnam’s Yen Vien station through China.
Stock markets rise on easing lockdowns and China exports
08-05-2020 09:14
NEW YORK: Stock markets rose on Thursday (May 7) as investors looked beyond grim economic news to focus on easing coronavirus lockdown measures, with surprisingly strong Chinese export data adding to the positive vibe.
Vietnam leading the ASEAN in fighting coronavirus
07-05-2020 09:00
When ASEAN foreign ministers held their first retreat in Vietnam’s central city of Nha Trang in January to map out a common agenda for the bloc under Vietnam’s chairmanship for 2020, the coronavirus disease had yet to become a pandemic. The risk was known, however, after the first case of infection outside China was identified in Bangkok earlier that month. Thai public health officials had already begun to warn ASEAN colleagues that the new coronavirus could spread far and wide.
US warns of 'consequences' if China abandons trade deal
06-05-2020 10:20
US Treasury Secretary Steven Mnuchin said on Monday (May 5) he expects China to uphold a trade deal reached with Washington this year, and warned of "consequences" if the country did not.
Nudging investors towards new pastures
06-05-2020 08:00
There is now plenty of movement by German enterprises re-orienting from China, complementing their existing Chinese operations with new activities in Vietnam regarding sourcing and investments. Björn Koslowski, deputy chief representative of the Delegation of German Industry and Commerce in Vietnam, assesses the China+1 strategies and how they are being applied to Vietnam by German companies.
Foreign groups step up plans to enter or expand in Vietnam
05-05-2020 22:00
While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia.
Japan to help firms to move production bases to Southeast Asia
04-05-2020 09:02
Japan will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Southeast Asia, as the coronavirus pandemic has greatly disrupted their supply chains heavily dependent on China.
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