Cross country pipeline jobs

Bangkok (VNA) – Thailand 's cross-border trade is expected to recover to growth of 3-6 percent this year, spurred by COVID-19 vaccine distribution and the global economic recovery. According to Keerati Rushchano, Director-General of the Thai Foreign Trade Department, cross-border trade, which includes transit trade, is likely to generate 1.36-1.40 trillion baht (44.6-45.9 billion USD), up from 1.31 trillion baht in 2020. Last year, overall border trade, including transit trade, declined 1.7 percent from the year before mainly because of the pandemic and the closed border checkpoints to curb the spread of the novel coronavirus, in addition to the strong baht. Of last year's figures, exports represented 766 billion baht, down 2.16 percent year-on-year, while imports shrank by 1.05 percent to 553 billion baht, resulting in a trade surplus of 213 billion baht. Border trade with four neighbouring countries amounted to 760 billion baht, down 8.01 percent year-on-year. Malaysia was the biggest partner by value, with two-way trade totalling 249 billion baht (down 9.1 percent). It was followed by Laos at 190 billion baht (down 3.85 percent), Myanmar at 165 billion baht (down by 14.7 percent) and Cambodia at 156 billion baht (down by 3.15 percent). Transit trade, mainly with Singapore, Vietnam and southern China, rose 8.41 percent last year to 559 billion baht. Transit trade with southern China and Singapore went up by 20 percent and 17.2 percent, to value 238 billion baht and 88.7 billion baht, respectively. Transit trade value with Vietnam and other countries fell by 1.3 percent to 172 billion baht. Keerati pledged to accelerate negotiations with neighbouring countries to promote border trade by reopening more border checkpoints that were closed because of the outbreak. Only 39 of 97 border checkpoints are reopened./. VNA …

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Red Spring Festival expects to collect over 4,000 blood units Young people donate their blood In his opening remarks, Director of the National Institute of Hematology and Blood Transfusion (NIHBT) Bach Quoc Khanh, who is head of the festival’s organizing board, said that the festival has been held annually since 2008 to address blood shortages after the lunar New Year holiday, and gradually changed public awareness of blood donation. After 13 editions, the festival has collected over 85,000 blood units and become the annual biggest blood donation event. Khanh took the occasion to express his gratitude for donators nationwide. The 14th edition is taking place from March 1-7 at the NIHBT headquarters, and three fixed places - 26 Luong Ngoc Quyen in Hoan Kiem district, 132 Quan Nhan in Thanh Xuan district, and Valley 122 of Lang Street in Dong Da district. The organizing board expects to receive over 4,000 blood units during this year’s festival, which then will be allocated to nearly 180 hospitals and medical establishments of 28 provinces and cities in the northern region. It has also made thorough preparations to welcome donors so as to ensure COVID-19 prevention and control as recommended by the World Health Organisation and the Health Ministry./. Fatal coach crash kills three, injures 4 in Dong Thap A serious traffic accident caused by a passenger coach took place on National Highway 54 in Tan Thanh Commune of Dong Thap Province’s Lai Vung District this morning, March 1, killing three and injuring four people. The passenger coach with plate number 51B-17273 driven by Tran Van Nam, aged 41, was heading from Vam Cong Bridge to Vinh Long Province when it plowed into a group of 10 bike riders and killed a rider, identified as Tran Van An, aged 59. The passenger coach continued slamming into two electric poles and a tree on the pavement, damaging the front of the coach. Local residents immediately took some injured passengers …

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Instead of purely offering foreign investors a manufacturing base, Vietnam places more and more emphasis on R&D. Photo: Shutterstock South Korean conglomerate LG in early February declared to add about $750 million to its LG Display Vietnam facility in the northern port city of Haiphong, raising its total investment capital to $3.25 billion. The move took place as COVID-19 returned. Suk Myung Su, general director of LG Display Vietnam said that this subsidiary is one of LG’s key projects across the globe. “In the coming time, we expect the local authorities to keep facilitating a safe investment climate, thus assuring stability for our long-term plans.” Su’s statement partially reflects how important the Vietnamese market to the entire corporation is, especially as its LG Electronics branch has suffered tremendous losses in overseas markets. As of the end of December, LG Electronics recorded accumulated losses of $4.5 billion over 24 consecutive quarters. As a result, the parent company has been attempting to restructure its entire operations, including shifting the majority of its business segments to Vietnam. According to Korea Times, LG targets the country as its average labour cost is much lower than in South Korea, helping the company to save a sizable expense. Moreover, the growing living standards in Vietnam are also appeasing. Tran Anh Tuan, founder of research and development (R&D) company MESLAB, told VIR that the local electronics and home appliances market is very promising, as it is driven by the growing expenditures for these items. “Therefore, LG chose to accelerate many projects in Vietnam, thus using it as its main supply base for products and new tech. Furthermore, its arch rival – South Korean Samsung – has poured immense capital into Vietnam, so LG cannot stand around with its arms crossed,” added Tuan. Following a string of big foreign-invested ventures in Vietnam, LG is working with local authorities to receive …

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