The Ministry of Health announces 188,440 Covid-19 cases on Friday, of which over 19,000 cases in Vinh Phuc recorded from previous days that were added to the national database on the day. Hanoi still led the daily tally with 31,899 cases, followed by Vinh Phuc with 22,188 cases and Nghe …
Read More »Switzerland: The land that inflation left behind
While the rest of Europe grapples with surging prices, in Switzerland inflation is so tame that some key costs are actually falling. The price of healthcare – a big chunk of Swiss household budgets – dropped by 0.5% on the year in February, when overall inflation hit 2.2%. That was …
Read More »Shell, BP halt spot German diesel sales on scarcity fears
Oil majors BP and Shell have not offered spot diesel cargoes for sale on the German market for the last two weeks, for fear of a supply shortage. Russia is a major diesel supplier to Europe and accounted for 58% of Europe’s diesel and gasoil imports last year, analytics firm …
Read More »Ex-deputy health minister arrested for negligence
Former deputy health minister Cao Minh Quang was arrested Friday to be investigated for neglecting to check drug orders at a pharmaceutical company, causing loss to state property. Police announced the same day that Duong Huy Lieu, 74, former head of the Financial Planning Department under the Ministry of Health, …
Read More »Expert warns of new possible Covid waves in Vietnam
Vietnam could face at least one more Covid-19 wave in the next six months before it becomes endemic, a medical expert warned. Do Van Dung, head of the Public Health Department at Ho Chi Minh City University of Medicine and Pharmacy, said a new wave is likely to appear unless …
Read More »Two more trains arrive in HCMC to serve first metro line
Six cars to complete two more trains for Ho Chi Minh City’s metro line No.1 arrived from Japan on Friday morning. The cars, which belong to the 12th and 13th trains of the line, were delivered at Khanh Hoi Port in the city’s District 4 like the previous cars. They …
Read More »130,000 smuggled Covid test kits, drugs seized in HCMC
Over 56,000 Covid-19 test kits and 76,000 Covid-19 pills of unknown origins were seized by authorities in Ho Chi Minh City’s Binh Tan District on Thursday. Police raided an ADN Care warehouse, represented by 39-year-old Nguyen Thanh Thao, and found many Covid-19 test kits and the Lianhua Qingwen Covid-19 drug …
Read More »‘Stealth’ Omicron sublineage also dominant in Hanoi
The “stealth” Omicron sublineage is currently the dominant coronavirus strain in Hanoi, same as in HCMC, health authorities said. Vu Cao Cuong, deputy director of the Hanoi Department of Health, on Thursday said among 109 coronavirus samples taken from Dec. 4 last year to Mar. 1, 93 of them were …
Read More »Japan business mood sinks, eclipses household spending boost as Ukraine risks grow
Japan’s household spending rose in January but the business mood sank in the first quarter as rising raw material costs squeezed corporate margins. This leaves the country’s resource-poor economy facing a hard grind ahead. The results add pressure on policymakers to ramp up fiscal stimulus to support Japan’s economy, which …
Read More »Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
Goldman Sachs Group Inc and JPMorgan Chase became the first U.S. banks to wind down business in Russia after it attacked Ukraine. Meanwhile, Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of last year. Goldman Sachs, which has a …
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