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The bloc will also strengthen medical cooperation with China, Japan, and South Korea at national and regional levels, as well as collaborate with the World Health Organization, and other international partners and organizations to prevent and control the epidemic, it added. … [Read more...] about ASEAN to prioritize novel coronavirus fight

VASEP Deputy General Secretary Nguyen Hoai Nam said several enterprises exporting tra fish (pangasius), tuna and shrimp had faced suspension of payment for export contracts because Chinese banks were not open due to the coronavirus epidemic. It was expected that from February 16 when banks are set to reopen, Chinese partners would be able to pay Vietnamese export contracts for goods shipped by sea. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 14

Vietnamese citizens arrive from Wuhan at Vân Đồn International Airport in Vân Đồn Island in Quảng Ninh at 5am on February 10.  Việt Nam has flown home 30 citizens from Wuhan in China’s Hubei province, the epicentre of COVID-19. — VNA/VNS Photo Dương Giang       … [Read more...] about ASEAN Chairman issues statement on response to COVID-19

Bangkok (NNT/VNA) – Thailand’s International Economic Policy Committee has held a meeting chaired by Deputy Prime Minister Somkid Jatusripitak to consider the pros and cons of Thailand joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as gathering public input. Outcomes from this meeting will be proposed to the Cabinet for consideration within this April. The Department of Trade Negotiations’ (DTN) Director General Auramon Supthaweethum, said on February 15 that as a member of the CPTPP, Thailand may gain an additional 0.12 percent in GDP growth worth 13 billion THB. However Thailand may lose 0.25 percent in economic growth if it chooses not to join the partnership, resulting in a loss of about 26 billion THB. She said the CPTPP will provide opportunities for Thai products to hit new markets in countries without existing FTA agreement with Thailand, such as Canada and Mexico, while certain products such as rice, … [Read more...] about Thailand considers CPTPP membership

Kuala Lumpur (VNA) – The Malaysian Government has decided not to allow any foreign vessel that refuses to share essential information required by local authorities to dock in the country. The decision was made in light of the outbreak of the acute respiratory disease caused by the 2019 novel coronavirus (COVID-19) worldwide, Malaysian Deputy Prime Minister Dr Wan Azizah Wan Ismail told reporters on February 14 after chairing a meeting of the Disaster Management High Level Committee. She noted that the country’s Immigration Department had received requests from two cruise ships, namely the MS Westerdam and Sapphire Princess, to dock in Malaysia. The Westerdam with the capacity of about 1,000 passengers left Hong Kong (China) on February 1 and had initially intended to dock in Malaysia. It then received permission from Cambodia to berth on February 13. Meanwhile, Sapphire Princess has safely docked in Singapore.  Fears over cruise ships carrying the novel … [Read more...] about Malaysia tightens rules on foreign ships for fear of COVID-19