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China seeks to promote Lancang-Mekong Cooperation

April 14, 2021 by en.vietnamplus.vn

China seeks to promote Lancang-Mekong Cooperation hinh anh 1 Chinese State Councillor and Foreign Minister Wang Yi (Photo: Xinhua)

Hanoi (VNA) – China will work with Mekong countries to continue to promote the development of the Lancang-Mekong Cooperation (LMC) towards creating a new model of regional cooperation, and building a new highland of development and prosperity, Chinese State Councillor and Foreign Minister Wang Yi was quoted as saying on April 13 by Xinhua News Agency.

Xinhua News Agency also quoted the Chinese official as saying that the LMC mechanism had brought tangible benefits to the people of all LMC countries.

The six LMC countries absorbed resources from all sides, focused on pragmatic cooperation and reached fruitful results. They also did a lot to benefit the people and carried out regional governance and maintained peace and stability of the region.

Wang said that China is speeding up efforts to foster a new development paradigm, and the LMC is facing new opportunities.

The six LMC countries should adhere to the spirit of partnership to jointly seek ways for development; adhere to interconnection to build an engine for development; adhere to innovation to foster momentum for development; and put people’s livelihood first to consolidate the foundation for development, he said.

Xinhua also quoted Myo Thant Pe, Myanmar Ambassador to China, as saying that all countries would continue to cooperate closely with China, push forward mechanism construction and deepen pragmatic cooperation to better benefit all the people./.

VNA

Filed Under: World Mekong countries, lancang-mekong cooperation (lmc), Chinese State Councillor and Foreign Minister Wang Yi, vietnamplus, vietnam news agency, World, Mekong..., mekong lancang cooperation, mekong-lancang cooperation media summit, mekong lancang cooperation cambodia, mekong-lancang cooperation fund, mekong lancang cooperation summit, lancang mekong cooperation upsc, lancang mekong cooperation pdf, lancang-mekong cooperation meeting, lancang mekong cooperation initiative, lancang-mekong cooperation secretariat, lancang mekong cooperation gktoday

Various activities to be held at Reunification Festival in Quang Tri

April 14, 2021 by en.nhandan.org.vn

The festival has been organised annually to mark the Liberation of South Vietnam and National Reunification Day.

This year’s event will include an incense offering to heroes and fallen soldiers on April 29, a flag-raising ceremony and a boat race on the Ben Hai river on April 30.

The festival will be followed with the launch of a sea tourism programme themed ‘Call of the Sea’ at Cua Viet tourist site.

Taking place from April 30 to May 5, the programme will feature art performances, a conference on Quang Tri province’s tourism development, a farm trip to cultural and historical sites in the province, booths showcasing local signature dishes, and a cooking contest.

Many exciting sporting events and folk games will also be held during the programme, such as a beach volleyball tournament, a stick pushing contest, and tug of war.

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Vietnam extradites four illegal Chinese entrants

April 14, 2021 by vov.vn

Earlier border guards operaring in Mong Cai City of Quang Ninh province that borders China had arrested four Chinese citizens attempting to cross the border into Vietnam.

The arrest was made on March 28 while the four Chinese citizens was travelling by car on National Highway 18A in Cong Hoa commune of Cam Pha City.

Searching the vehicle, the police found the four Chinese suspects had not brought with them any legal immigration papers.

The Chinese nationals confessed that they had planned to enter Vietnam and then travel to Cambodia for employment.

The police moved swiftly to place the group into quarantine in an effort to prevent the possible spread of the novel coronavirus (COVID-19). In addition, the Chinese nationals were also fined VND4 million each.

Filed Under: Uncategorized handed over, Chinese citizens, illegally entering, Guangxi province, China, border guards, Quang Ninh province, immigration papers, COVID-19, quarantine, ..., vietnam korea chinese, extradited meaning in chinese

Global cases of COVID-19 continue to increase for a seventh consecutive week: WHO

April 14, 2021 by en.nhandan.org.vn

The number of new deaths increased for the fourth consecutive week, increasing by seven percent compared to last week, with over 76,000 new deaths reported, according to the WHO.

The outbreak was especially violent in India as the country reported 873,296 new cases, an increase of 70 percent compared to last week. It also saw the number of new deaths growing by 51 percent. The United States came the second with a five percent increase of 468,395 new cases; and Brazil listed the third with a rise of 463,092 new cases.

In terms of global COVID-19 new deaths, the South-Asia, Southeast Asia and Western Pacific region saw sharp surges with the Western Pacific displaying an increase of 189 percent in number, the Philippines leading with the grim record of 1,321 new deaths, 400 percent more than last week.

Furthermore, new virus variants continue to spread to other countries, with the variant B117 first identified in the UK reported in 132 countries, the variant B 1351 originating from South Africa present in 82 countries, and the P1 first identified in Brazil now established in 52 countries.

The WHO also noted that existing vaccines have displayed reduced efficacy against variants, even if the related studies remained limited in number.

As an example, the AstraZeneca vaccine saw reduction in post-vaccine neutralization for variant B117, while it saw “substantial reduction” for the variant originating from South Africa.

Studies also reported “evidence of more substantial reduction” in post-vaccine neutralization of the variant first found in Brazil for AstraZeneca, Moderna and Pfizer-BioNTech vaccines.

Earlier this week, the WHO stressed that measures such as wearing masks and hand hygiene were still important as “we are in a critical point of the pandemic right now.”.

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Semiconductor crisis forces top-level action

April 13, 2021 by www.vir.com.vn

1539 p11 semiconductor crisis forces top level action
Semiconductor crisis forces top-level action. Source: freepik.com

The world’s semiconductor industry sales hit $40 billion for the month of January – a rise of 13.2 per cent on-year, revealed the Semiconductor Industry Association.

Now, consumers are having to deal with price hikes and a lack of products from automobiles and videogames to TVs and smartphones as a global shortage in semiconductors grows.

The shortage in chips, the so-called “brain” within every electronic device, has been slowly getting worse since last year, according to The Guardian. Temporary delays in supplies as factories shut down due to the coronavirus pandemic caused initial issues. However, although production is somewhat back to normal, surges in the demand driven by new habits stemming from the pandemic is causing the situation to worsen.

Mainly, a boom in sales of TVs and computers, the launch of brand new videogame consoles, and arrival of 5G-enabled mobile phones have all driven the demand.

The crisis has even affected Apple, the biggest buyer of semiconductors at $58 billion annually. It was forced to delay the launch of the iPhone 12 by two months last year as a result of the shortage.

“Chips are everything,” said Neil Campling, media and tech analyst at Mirabaud. “There is a perfect storm of supply and demand factors going on here. But there is a new level of demand that can’t be caught – everyone is in crisis and it is getting worse.”

In possibly the most shocking development, Samsung – the world’s second-largest buyer of chips – last month said it might have to postpone the launch of a high-end smartphone, despite also being the world’s second-largest producer of chips.

“It is incredible that Samsung sells $56 billion of semiconductors to others, and consumes $36 billion of them itself, finds it may have to delay the launch of one of its own products,” said Campling.

Ford meanwhile recently cancelled shifts at two car plants and said profits could be hit by up to $2.5 billion this year due to chip shortages, while Nissan is delaying output at plants in both the United States and Mexico. General Motors also said it could face a $2 billion profit hit.

In February Sony, which along with other console makers has struggled with stock shortages over the last year, said it might not hit sales targets for the new PlayStation 5 this year. Its rival, Microsoft’s Xbox, forecasts supply issues continuing at least until the second half of the year.

In a bid to unblock the jam, governments are now getting involved. CNBC reported a fortnight ago that US President Joe Biden is looking to place $37 billion into the sector in an attempt to lower America’s reliance on overseas supply chains. Biden said at the end of March, “We shouldn’t have to rely on a foreign country to provide for our people. We need to sharpen America’s competitive edge by investing here at home.”

But countries including the US and Germany have also reached out to Taiwan to help remove bottlenecks in production. Along with the pandemic, the new administration believes the semiconductor shortage was exacerbated by the previous president’s actions against China.

“Manufacturing of microelectronics in the US has reached a historic low, and this is a big problem for us,” said Terry Halvorsen, IBM’s general manager for Client and Solutions Development.

Taiwan dominates the outsourcing of semiconductor manufacturing. Its contract manufacturers together accounted for more than 60 per cent of total global revenues in the field in 2020, according to Taipei-based research firm TrendForce. Much of its dominance is due to Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest foundry. TSMC accounted for 54 per cent of all revenues via outsourcing of semiconductor manufacturing globally last year.

Dan Wang, a technology analyst at research firm Gavekal said, “Looking at market share, TSMC manufactures around 50 per cent of all semiconductors in the world – and I think that still understates how important it is because these are some of the most advanced chips out there.”

At the start of March, TSMC said it plans to invest $100 billion over the next three years to increase capacity. The move came after Intel Corporation’s announcement to spend $20 billion on the expansion of advanced chip-making capacity.

“Ultimately, securing the microelectronics supply chain of the US and its allies is a challenge they need to face now,” Halvorsen of IBM noted. “It’s the only way we can ensure sustainable long-term capability in this critically important area.”

The last big supply shock for the industry was a decade ago after the Fukushima earthquake damaged operations at Renesas Electronics, the number three supplier of auto chips.

By Quang Hai

Filed Under: Uncategorized Semiconductor, smartphones, automobiles, Samsung, Investing, crisis force nes rom, 01.04 forces in action, 01.04 forces in action prezi, nullification crisis force bill, semiconductor vacuum level, semiconductor donor level, low level injection in semiconductor, unrelenting force level 3, 01.04 forces in action lab, obi wan force level, hurricane force levels, post-crisis follow-up action plan

US sees upward trend in COVID-19 cases for four weeks

April 14, 2021 by en.nhandan.org.vn

Since March 20, the 7-day moving average of new COVID-19 cases in the country has consistently remained higher compared with the previous 7-day moving average, according to data of the US Centers for Disease Control and Prevention (CDC).

The current 7-day moving average of daily new cases stands at 67,530 cases, up around 6 percent from the previous seven days.

Meanwhile, new COVID-19 hospitalizations also went up 7.3 percent from the previous 7-day period, according to the CDC.

As of April 10, the United States had recorded more than 21,000 infection cases of coronavirus variants, according to the latest data of the CDC.

Among those variants cases, 20,915 cases were caused by the variant known as B.1.1.7, which was originally detected in Britain.

There were 453 cases of a new strain initially discovered in South Africa, called B.1.351, and 497 cases of the P.1 strain first discovered in Brazil.

In addition, the B.1.427 and B.1.429 variants, two coronavirus strains first detected in the US state of California, are also being closely monitored by the CDC.

The five coronavirus strains are currently classified by the CDC as “variants of concern,” as evidence shows that they have a stronger transmissibility, increase hospitalizations or deaths, and reduce effectiveness of treatments or vaccines.

B.1.1.7 is the most common variant circulating in the United States and has been reported in all 50 states, the District of Columbia, and Puerto Rico, while variants P.1 and B.1.351 are relatively less, according to the CDC.

Even as the country picks up its COVID-19 vaccination pace, the coronavirus variants are spreading rapidly, and health experts warn the variants infections could potentially stall the nation’s recovery from the pandemic.

Filed Under: Uncategorized vietnam news, vietnam business, vietnam travel, vietnam culture, vietnam sports, vietnam politics, hanoi, saigon, ho chi minh city, apec, da nang, hue, hoi an, ..., how to see google search trends

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