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Although there are some barriers to entry, including a shortage of industrial land in prime locations and a lack of infrastructure in key areas, Vietnam’s manufacturing industry and industrial real estate market stand to benefit from the rapid changes in global trade and supply chains, as long as trade with developed countries remains a key growth driver, according to CBRE. … [Read more...] about Vietnam emerges as popular industrial property destination: CBRE

Hanoi (VNA) – The EU-Vietnam Free Trade Agreement (EVFTA) strengthens EU economic links with Southeast Asia and will potentially contribute to its recovery after the coronavirus crisis, moderndiplomacy.eu quoted an EU official as saying in a story published on August 3. The EVFTA, which took effect on August 1, will not only ultimately scrap duties on 99 percent of all goods traded between the two sides but also make it easier for European companies to do business in Vietnam, according to the site. They will now be able to invest and pitch for government contracts with equal chances to their local competitors, it said. Under the new agreement, the economic benefits go hand in hand with guarantees of respect for labour rights, environment protection and the Paris Agreement on climate, through strong, legally binding and enforceable provisions on sustainable development. “The European economy needs now every opportunity to restore its strength after the crisis triggered by … [Read more...] about EVFTA expected to contribute to EU recovery after coronavirus crisis

The data, published in Nature, show the company’s investigational adenovirus serotype 26 (Ad26) vector-based vaccine elicited a robust immune response as demonstrated by “neutralizing antibodies,” successfully preventing subsequent infection and providing complete or near-complete protection in the lungs from the virus in non-human primates (NHPs) in the pre-clinical study. … [Read more...] about Johnson & Johnson COVID-19 vaccine candidate demonstrates protection in pre-clinical studies

The number of Vietnamese over 65 will rise from 6.3 million now to 18 million by 2040, accounting for over 18 percent of the population and transforming Vietnam from a young society into an old one, a labor ministry report quoted the United Nations as saying. … [Read more...] about Vietnam pension system world’s 57th best: report

The U.S. government’s top infectious disease expert, Dr. Anthony Fauci, on Monday said states with high coronavirus case counts should reconsider imposing lockdown restrictions, emphasizing the need to get cases to a low baseline before the fall flu season. … [Read more...] about Global coronavirus deaths exceed 700,000, one person dies every 15 seconds on average