Taiwan

The fact that Taiwan held live-fire drills around the Ba Binh islands of the Spratly archipelago of Vietnam is a serious violation of Vietnam’s sovereignty over this archipelago.

The figure saw a sharp increase from the previous estimated loss of VND10 trillion (US$429.1 million) in early February and VND25 trillion (US$1.07 billion) in late February.

Countries that are slow in implementing anti-virus measures, such as Japan and South Korea, have been hit much harder.

It is estimated that 20-30% of the volume and revenue of Vietnamese shipping lines are generated from the Chinese market.

Before the nCoV outbreak, three Vietnamese airlines namely Vietnam Airlines, Jetstar Pacific and VietJet operated 87 regular and charter flight routes to 54 destinations in China with a total of 401 flights per week.

Taipei-listed Pegatron joins Apple’s two other iPhone assemblers -- Wistron Corp. and Hon Hai Precision Industry Co. -- in developing manufacturing facilities or building extra capacity in Vietnam.

In 2020, Vietnam’s trade surplus is expected to reach US$8.6 billion.

The specific cash deposit rates would depend on the origin of the substrate and the type of steel product exported to the US, stated the US Commerce Department.

Remittance, along with foreign direct and indirect investment and official development assistance, is a major source of Vietnam’s foreign currency supply.