A pandemic is the worldwide spread of a new disease The H1N1 (swine flu) outbreak, which killed hundreds of thousands of people, was declared a pandemic by the WHO in 2009 The WHO no longer formally labels an outbreak of disease a "pandemic" but says the term may be used "colloquially" Its advice to countries - to limit the infections while preparing for wider spread - remains the same Coronavirus: A visual guide to the outbreak How a misleading coronavirus map went global Watching loved ones die without care in Wuhan BBC … [Read more...] about Coronavirus: Worst-hit countries boost containment efforts
Last year, the number of banks and real estate enterprises that issued bonds to attract capital accounted for a large proportion of the market. In January this year alone, real estate companies lured more than 50 percent of the total amount of money mobilized in the bond market. In recent years, many large real estate companies have a capital value of tens of trillions of Vietnamese dong but their stock prices have dropped to below VND10,000 per share. Now, banking stocks have been experiencing the same situation. For instance, Saigon Hanoi Commercial Bank stocks (SHB) were below par value although its pre-tax profit exceeded VND3 trillion last year. Similarly, the price of Kien Long Bank’s stocks (KLB) also hovered at its IPO value. Even the price of Lien Viet Post Bank’s stocks (LPB) was merely above VND7,000 per share. When the stock prices plummet heavily, it means that the capital mobilization channel in the stock market is no longer attractive. Banks cannot issue … [Read more...] about Enterprises race to mobilize capital from corporate bonds
The director of the South Korean Centre for Disease Control, Jung Eun-kyeong, suggested at a press briefing that "there is a possibility that the characteristics of many people sitting close together in a very confined space and holding service for more than an hour" would have led to "a few who were exposed infecting many other infectees". … [Read more...] about Coronavirus: Why did infections shoot up South Korea?
Vietnam has distinct advantage over its competitors, with import tariff of giant tiger prawns cut from 4.2 percent to zero under the Generalised System of Preferences Treatment (GSP), while that of frozen white-leg shrimp falling to zero after five years. Meanwhile, Thailand is not entitled to the GSP and has its shrimps levied with a basic tax rate of 12 percent. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 25