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Update news China

PM calls for joint efforts against nCoV

Prime Minister Nguyen Xuan Phuc has asked ministries, agencies and localities to stay vigilant to prevent the spread of the novel coronavirus (nCoV).

Vietnam determined to curb nCoV despite economic losses: PM

The Ministry of National Defense is asked to establish 9 field hospitals across the country to receive and treat nCoV patients.

Wuhan coronavirus could negatively affect Vietnam's economy: Fitch

Vietnam last year received some 18 million foreign tourists, including 5.8 million Chinese guests.

Vietnamese people abroad gather for Tet

Vietnamese communities all over the world held separate gatherings on January 18 to celebrate the Tet (Lunar New Year), which falls on January 25.

Vietnam’s Macroeconomic Report-Fourth Quarter 2019 unveiled

The Vietnam Institute for Economic and Policy Research and the Konrad Adenauer Stiftung today unveiled the Fourth Quarter Update and 2019 Review - Independent Assessment of Vietnam’s Macroeconomic Performance.

Trade between Vietnam and China reaches new landmarks

Import-export turnover between Vietnam and China continued to hit new heights in 2019 by reaching a milestone of approximately US$117 billion.

Vietnam detects visitors from China displaying signs of fever

Vietnam’s recently-installed infectious disease surveillance system detected two visitors from Wuhan, China, that were showing signs of fever upon their arrival at Da Nang Airport yesterday through a remote body temperature scanner.

Vietnamese film to compete in China Int’l Micro - Film Festival

The film Va Ta Da O Do (And we were there) by director Nguyen Quang Tam will compete in China International Micro - Film Festival (CIMFF) that will take place in Hangzhou in September.

Ministry on alert as pneumonia virus arises in China

The Ministry of Health has taken steps to protect local residents from a pneumonia virus called coronavirus, which has already claimed a life in China.

 

World Bank maintains Vietnam’s GDP growth forecast at 6.5% in 2020

In 2020, the country’s domestic demand is set to benefit from generally supportive financial conditions amid low inflation and robust capital flows.

VN steel sector faces troubles in 2019

The steel industry experienced many difficulties in 2019 due to stronger steel imports and reduced sales of locally made products at home and abroad.

2019: Rocky year for local vegetable exports to China

Local agricultural products struggled to enter China last year due to its tightened import requirements.

Over 50 foreign enterprises keen to export pork to Vietnam

In addition to businesses that have already established inroads in the country, over 50 foreign enterprises have expressed an interest in exporting pork products to Vietnam, according to the Ministry of Industry and Trade.

Foreign investors continue to target Vietnam’s pharmaceutical industry

Vietnam's pharmaceutical market has a lot of potential coming from the demographics, rising income and priority policies of the government.

Vietnam’s border gates tighten monitoring of China pneumonia

Vietnam's health ministry has urged local health authorities to tighten management at border gates in response to China’s Wuhan pneumonia outbreak.

Vietnam closely monitors severe pneumonia outbreak in China

The Vietnamese Ministry of Health is closely monitoring an ongoing severe pneumonia outbreak in central China, as well as taking measures to prevent the virus from entering Vietnam.

Chinese M&A deals in Vietnam surge

The number of capital contribution and share acquisition transactions conducted by Chinese enterprises in Vietnam in the January-November period of this year skyrocketed by more than 82% over the year-ago period.

 

Alibaba’s Ant Financial quietly acquires stake in Vietnamese e-wallet firm

Ant will not control more than 50% of eMonkey, but is expected to have significant influence and provide technical expertise to the e-wallet

Vietnam’s average wage equals one seventh of Asia – Pacific

Only 11.6% of Vietnam’s 57.5 million workforce are high skilled, and the rate of English proficiency is 5%.

Vietnam’s rice sector forecast to face difficulties in 2020

The Philippines and China, Vietnam’s two major rice export markets, may reduce rice imports in 2020.