India vietnam relations

The Hanoitimes - Vietnam’s shrimp exports will be the main growth engine of the seafood sector this year. A recovery in Indian supply after Covid-19 may hamper growth of Vietnamese shrimp exports in 2021, according to SSI securities corporation (SSI Research). Vietnam’s shrimp exports will be the main growth engine of the seafood sector this year. Photo: vcci.com.vn Major shrimp exporting countries like India, Ecuador and Thailand suffered heavily from the impacts of Covid-19 last year, Indian shrimp production was estimated to drop by more than 20% in 2020, according to Undercurrent News. Due to the short cycle of shrimp farming (only 3-4 months), the competition between Vietnam and India in the US and EU, which currently contributes 37% of the export value of Vietnamese shrimp, is predicted to become more intense in the second half of 2021. The Vietnam Association of Seafood Exporters and Producers forecast that the country’s seafood exports … [Read more...] about Indian supply recovery may hamper growth of Vietnam shrimp exports in 2021

Hanoi reports case of COVID-19 relapse A patient has tested positive for SARS-CoV-2 again after being given the all-clear, the Hanoi Centre of Disease Control (CDC Hanoi) said on February 25. The 48-year-old patient, who resides in Dich Vong ward in Cau Giay district, has been taken to the National Hospital for Tropical Diseases for further quarantine and treatment. The case does not pose any risk of community transmission, Deputy Director of CDC Hanoi Khong Minh Tuan said. Hanoi had reported 36 COVID-19 cases between January 27 and 12pm on February 25, according to the municipal Department of Health. Vice Chairman of the Hanoi People’s Committee Chu Xuan Dung said relevant agencies have been asked to assess infection risks and put forward solutions to reach the “new normal”./. Citizen protection provided to Vietnamese affected by record cold in Texas The Vietnamese Consulate General in Texas and Vietnamese representative offices in the US are keeping a close watch on … [Read more...] about VIETNAM NEWS HEADLINES FEB. 26

Buddhists pray online due to COVID-19 outbreak Blood shortage warned as donations postponed due to COVID-19 outbreaks The resurgence of the COVID-19 pandemic in many cities and provinces in recent weeks has seriously affected the blood supply for medical treatment. Although many people and organisations responded to the call of blood donation by the National Institute of Hematology and Blood Transfusion (NIHBT) on February 19, the amount of blood received per day was still only a few hundred units while the average need for treatment each day is from 1,200 to 1,500 units. There is usually a shortage of blood during the Tết (Lunar New Year) holiday as the holiday lasts long while blood has a short shelf life and many patients still need blood transfusions during Tết. This year, the pandemic's resurgence has made the shortage after Tết even worse. Before Tết, 30 entities requested to postpone or cancel blood donation plans which meant the NIHBT missed out on … [Read more...] about VIETNAM NEWS HEADLINES FEB. 25

The Hanoitimes - Vietnam is getting into a position where investment and manufacturing are becoming much easier to establish, said a Maersk executive. Denmark-based Maersk, the world’s largest container ship and supply vessel operator, has opened a new logistics center in Vietnam's northern province of Bac Ninh as it looks to capitalize on the dominant "China plus one" sourcing strategy in Southeast Asia, reported The Loadstar. Illustrative photo. The center is located at the Vietnam Singapore Industrial Park (VSIP) in Bac Ninh, around 20km from Hanoi, and covers an area of 11,000 square meters. Maersk’s new Bac Ninh facility is 120 kilometers from Hai Phong port, which has undergone significant development and gained its first direct transpacific service to the US in April, The Alliance reported. Marco Civardi, Maersk Vietnam managing director, told The Loadstar the US-China trade tensions were accelerating the “movement of the pendulum” towards increased … [Read more...] about World major logistics firm Maersk opens logistics center in Vietnam

The Hanoitimes - Direct impacts from the CPTPP agreement would not be significant, but means a more stable and predictable environment for logistics firms in Vietnam, according to an expert. Foreign competition is the smallest concern for Vietnamese logistics firms when the Comprehensive and Progressive Trans – Pacific Partnership (CPTPP) comes into play, according to Nguyen Thi Thu Trang, director of the WTO Center and Integration under the Vietnam Chamber of Commerce and Industry (VCCI). Overview of the conference. Source: Ngoc Thuy. “The major concerns would be weak state management capabilities, deficiencies of logistics infrastructure, unfavorable business environment and unofficial costs,” said Trang at a conference under the program “Australia supports Vietnam’s economic reform” (Aus4Reform) on November 25, discussing the country’s challenges and opportunities from the CPTPP. Trang argued the domestic logistics market has basically opened to foreign … [Read more...] about Foreign competition the smallest concern for Vietnam’s logistics firms in CPTPP