China trade deal with canada

Data from the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam shows that the country reported $8.55 billion of registered FDI in the first quarter of this year. In terms of investment partners, 87 countries and territories have investment in the country, of which Singapore ranked first with the total registered investment capital of $4.54 billion, accounting for 53.1 per cent of the country’s total FDI. Japan ranked second at $846.7 million, accounting for 9.9 per cent of the total, while China was third at $815.6 million, or 9.3 per cent. … [Read more...] about Vietnam stands to win as “China+1” gains traction

TORONTO/MONTREAL -- With deaths in nursing homes making up almost half of Canada’s coronavirus deaths, provinces are taking control of their workforces, boosting care workers’ wages and redeploying health inspectors from hospitals to curb the virus’ spread among seniors. … [Read more...] about Coronavirus takes deadly toll on Canada’s nursing homes

EU finance ministers were working on a deal to use the eurozone's 410-billion-euro ($447 billion) bailout fund to fight the virus but the bloc remains divided on pooling debt to issue "coronabonds." … [Read more...] about Trump threatens to cut WHO funding, China lifts Wuhan travel ban

The World Bank last week announced its “East Asia and Pacific in the time of COVID-19” report, which stated that while prospects remain favourable for the Vietnamese economy in the medium term, GDP growth will be affected negatively by the coronavirus outbreak, now a global pandemic. “Preliminary estimates suggest that the rate of expansion of the economy could decline to about 4.9 per cent in 2020, which is about 1.6 percentage points lower than our previous forecast,” read the report. … [Read more...] about Sustained growth can be achieved through reforms

Hanoi (VNA) – The Ministry of Industry and Trade is seeking measures to boost exports in the second quarter of 2020. The Vietnam Trade Office in Singapore recently connected with Vietnamese and Singaporean industry associations to make use of trade opportunities. In February 2020, it arranged a trip for a group of Singapore’s fruit and vegetable importers to Vietnam to find supply sources. As of March 2020, the office had secured over 20 orders for various products such as coffee, instant noodles, sweet potato, and fruit. Meanwhile, the containment of COVID-19 in China has presented opportunities for Vietnam to boost its exports to the market. According to the ministry, customs clearance for exports to China at border gates in the north has gradually improved. As well as China, major markets like the Republic of Korea and Japan witnessed a recovery in March as the pandemic slowed. In January-March, Vietnam’s exports to China and Japan posted year-on-year growth … [Read more...] about Ministry seeks to boost exports in Q2