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The coronavirus epidemic that emerged late last year in China has raised concerns about its ability to meet the purchasing targets, however. Authorities throughout the country imposed major restriction on travel and transportation to curb the spread of the virus, which has killed nearly 1,900 and infected more than 70,000 in the country. … [Read more...] about China to grant tariff exemptions on 696 U.S. goods to support purchases

Hanoi (VNS/VNA) - Textile stocks have been on a temporary upswing thanks to the recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) but textile enterprises still face difficulties due to heavy dependence on imported raw materials and machinery as well as reduced demand worldwide. In the latest trading sessions, from February 5 to February 14, shares of Duc Quan Investment and Development JSC (FTM) continuously increased with six sessions witnessing ceiling prices. FTM soared by 38.01 percent. During the same period, Song Hong Garment Joint Stock Company (MSH) also increased by 9.5 percent, the Vietnam National textile and Garment Group (VGT) rose 21.2 percent. According to Tran Xuan Bach, a stock analyst at Bao Viet Securities Co (BVSC), the ratification of EVFTA has boosted textile stock prices as the agreement is believed to offer a huge advantage to the industry. “But this is only a short-term impact, textile firm can enjoy the benefits the agreement brings … [Read more...] about Material autonomy key for Vietnam to fully tap EVFTA

The two patients and doctors of the National Hospital for Tropical Diseases (Photo: VNA) The man, 29, is among the eight workers of Japanese-invested Nihon Plast Co., Ltd, who were sent to China’s Wuhan city for training for two months and a half and came back on January 17. … [Read more...] about Two more COVID-19 patients discharged from Hanoi hospital