While total losses continue to see a positive trend, the number of reported shipping incidents (2,815) increased by 5% year-on-year, driven by machinery damage, which caused over one in three incidents (1,044). A rise in incidents in the waters of the British Isles, North Sea, English Channel and Bay of Biscay (605), meant it replaced the East Mediterranean as the top hotspot for the first time since 2011, accounting for one in five incidents worldwide. Similarly, incidents in the South China, Indochina, Indonesia and Philippines region also increased by 21 year-on-year for a total of 255 in 2019, making it the third highest region. … [Read more...] about Allianz: Asian waters account for most shipping losses even as global numbers hit record low
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The epidemic has made US businesses realize that they need to choose production locations which not only allow them to optimize production costs, but also have the capability to resist shocks and risks. The figure is expected to create a positive effect on decisions by American investors to expand their production and business to non-China markets. … [Read more...] about Will US investors head for Vietnam after leaving China?
New York (VNA) – The UN Security Council held an in-person meeting on Colombia on July 14 during which Vietnam reaffirmed its support for the implementation of the peace deal in the South American nation. Carlos Ruiz Massieu, Special Representative of the UN Secretary-General for Colombia and head of the UN Verification Mission in the country, commended relevant parties for their joint work within the National Reintegration Council and within the tripartite mechanism on transition to legality. He voiced his belief that the constructive dialogue between the Government and the Revolutionary Armed Forces of Colombia (FARC) will soon lead to agreements to continue promoting the realisation of the Peace Agreement. However, he also expressed concern about the violence and killing of social leaders and former combatants of indigenous and Afro-Colombian origin, urging the Colombian government and relevant parties to take measures to ensure security for communities and foster … [Read more...] about Vietnam reaffirms support for peace deal implementation in Colombia
The New Generation Sterilizing Air Freshener uses premium ingredients produced by Japan fragrance company Ogawa & Co., Ltd. Users are given choices to choose from classic floral, English pear and freesia as their air freshener flavour. Apart from that, users can also adjust the density of fragrance (thin, mild, dense) through the attach diffuser sticks. The fragrance can last for 30 to 60 days. … [Read more...] about VANZO Launches New Generation Sterilizing Air Freshener
In infrastructure, the eastern cluster of the North-South Expressway will have five sections developed under the public-private partnership (PPP) model. The country is also calling for investment in renewable energy projects, especially in solar and wind power, thus hoping to bring new opportunities for Japanese enterprises. Looking ahead, the Vietnamese government is encouraging innovations and digital transformation with a number of supporting policies. … [Read more...] about Japanese companies enticed by local investment climate