The corridor running 1,450km through Myanmar, Thailand, Laos, and Vietnam is an economic development programme initiated to promote development and integration of five Southeast Asian countries, Myanmar, Thailand, Laos, Cambodia and Vietnam. The concept was agreed in 1998 at the Ministerial Conference of the Greater Mekong Subregion, organised in Manila, Philippines. This corridor became operational on December 12, 2006. In Vietnam, the project starts at Lao Bao International Border Gate in Quang Tri province, running along Highway No9 and 1A to Da Nang city. … [Read more...] about VIETNAM NEWS JANUARY 28
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Seafood processor Vinh Hoan buys 51 pct stake in snack company
The company has convened as extraordinary general meeting at the beginning of February to dismiss some members of the board of directors and the supervisory board and elect new ones. … [Read more...] about Seafood processor Vinh Hoan buys 51 pct stake in snack company
Hai Duong imposes social distancing, tests 3,000 for Covid-19 following community transmissions
Pham Duy Tuyen, director of the Hai Duong Center for Disease Control (CDC), said Thursday the province is performing contact tracing related to two local coronavirus cases: a 34-year-old woman working for Vietnam Poyun Electronics and a 32-year-old woman who tested positive upon landing in Japan. The woman in Japan has been revealed to be infected with a coronavirus variant originated from the U.K., which is believed to be 70 percent more contagious than ordinary strains. … [Read more...] about Hai Duong imposes social distancing, tests 3,000 for Covid-19 following community transmissions
GEODIS AirDirect Services Further Expanded
GEODIS AirDirect expands, with new service connecting Shanghai, China to Guadalajara, Mexico.The service is planned to continue until at least the end of 2022. It provides the only direct access to Mexico from North & Central China. This enhancement complements the existing Hong Kong to Guadalajara (HKG-GDL) schedule, initiated in November 2019. It has also been expanded into the end of 2022. … [Read more...] about GEODIS AirDirect Services Further Expanded
Vietnam’s manufacturing activity signals improvement in May
“The success Vietnam has had in bringing the Covid-19 outbreak in the country under control means that the economy can begin along the road to recovery. That said, the PMI data for May suggest that the road will be a long one, with the manufacturing sector remaining in contraction mode midway through the second quarter of the year, albeit the decline was much softer than the record seen in April,” said Andrew Harker, associate director at IHS Markit, which compiles the survey. … [Read more...] about Vietnam’s manufacturing activity signals improvement in May