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Vietnam plans to keep borders closed and not rely on vaccine strategy

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Vietnam plans to keep borders closed and not rely on vaccine strategy | The Thaiger
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The Vietnamese Covid-19 task force says it plans to maintain its strategy of containing the coronavirus rather than “rush into a vaccine”, even if a successful vaccine becomes available, that could pose a financial burden the country. Vietnam, despite a month-long surge around Da Nang, has been able to largely contain the local outbreak.

Yesterday the world’s Covid numbers reported the continuing surge in the US and parts of Europe and the UK. Vietnam has reported a total of 1,212 Covid cases and 25 deaths since the start of the pandemic.

Vietnam plans to keep borders closed and not rely on vaccine strategy | News by The Thaiger

Through months of aggressive mass testing, centralised and controlled quarantines and early border closures, Vietnam has now gone over 2 months without a community transmission of Covid-19. Like Thailand, the vast majority of recent cases have been imported, mostly with repatriated Vietnamese citizens.

Vietnam and Thailand have both been widely praised for their decisive response to quelling outbreaks, despite earlier predictions that the south East Asian countries could have been key hot-spots for the spread of Covid-19.

Vietnam’s deputy PM, Vu Duc Dam, speaking to Channel News Asia, says there are challenges with any possible vaccine, if and when it becomes available.

“Demand is far higher than supply, and we have to pay large deposits to secure our position, which I see as very high risk and a waste of money and time. We will continue to deal with Covid as we are now.”

That “dealing with Covid” would mean Vietnam will keep its borders mostly closed in the short to medium term.

“We have to be prepared for the fact that the pandemic will not end until 2021.”

Vietnam has spent a reported US$776.7 million on containing the virus and its impacts up to date. The measures, government officials claim, place the Vietnamese economy on target for a swifter recovery.

The Vietnamese government has predicted a GDP growth of 2 – 2.5% this year and 6.7% in 2021. Neighbour Thailand projects an economic contraction of 7.1% for 2020.

South east Asia, generally, has fared relatively well in containing its Covid 19 cases, with The Philippines and Indonesia being notable exceptions.

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12 Comments

12 Comments

  1. Avatar

    Ameila Leary

    November 7, 2020 at 2:35 pm

    It is nice not to look forward to the vaccine and still depend on lockdown from an economic perspective, but lockdown also affects your trade and the items that make up your economy. For the sake of your people, you have to buy vaccine under any circumstances. You can minimise the infections by locking them down, but do not finish them and do not even provide the virus with care. China is able to control its economy at the top with its coronavirus and that was the dark intentions he always had

    • Avatar

      Issan John

      November 7, 2020 at 3:04 pm

      Fair comment, except for the “dark intentions” bit as if the pandemic was deliberate. Had it been, why would they not have simply released the virus elsewhere, say in the US? This sort of QAnon stuff is just a bit absurd.

    • Avatar

      Mike Frenchie

      November 8, 2020 at 9:07 pm

      Vaccine is max 10 usd/head… (effectiveness 50-70%) and cheaper if manufactured locally.
      This may imply that the vaccine is worthless?

  2. Avatar

    rr

    November 7, 2020 at 3:57 pm

    in a nutshell: pay for your vaccine, if you can.

  3. Avatar

    ray

    November 7, 2020 at 5:19 pm

    In Vietnam health insurance is in it’s infancy. Most people don’t have it and a great part of the population can’t pay for a hospital treatment. If they had the the same amount of infections as in the West people would be dying in the streets. True, the government is giving free treatment for infected citizens up until now but if the numbers would go up they simply can’t provide this for most. So far, Vietnam has been doing an excellent job in containing the virus.
    Also understand they don’t want to bet their reserves on a vaccine before it’s proven to be effective. The question is when it’s working will they still be banning vaccinated travelers?

  4. Avatar

    EdwardV

    November 7, 2020 at 11:23 pm

    Seems more like they just don’t want to upfront the money for a vaccine. Either they want to wait to see it’s effects before spending the money, or let their citizens pay for it instead. I see nothing wrong with this although of course it comes with some risk. A risk greatly mitigated by the continued lockdown.

  5. Avatar

    Charles

    November 7, 2020 at 11:28 pm

    Is you check “Vietnam Tourism” on Google News, there is an article from a few days suggesting Vietnam is gearing up to Reopen to Tourists in the very near future………so the dry high season probably

    A lot of conflicting information which is rather annoying

  6. Avatar

    Toby Andrews

    November 7, 2020 at 11:29 pm

    A pity.
    If Vietnam was clever they could grab the tourism that Thailand repulses, plus investments.
    The beer is cheaper, the wine is cheaper, the accommodation is cheaper.
    I was there last April.

    • Avatar

      Exactly so

      November 9, 2020 at 12:21 am

      well, they are not. Of course, following madly disproportionate reaction to a disease. Like burning down a house for a wasps nest. Is it “working”? Well, yes, but…..

  7. Avatar

    Kalergi

    November 8, 2020 at 1:16 am

    Depopulation agenda in full swing in targeted nations . It will be interesting to see the birth rates next year. Those nations that are non conformist are being given the harder longer lockdowns whilst the robot like countries get away lightly.

    • Avatar

      Issan John

      November 8, 2020 at 3:39 pm

      I’m not sure who you’re suggesting are “targeted nations” or what the “depopulation agenda” is. Can you elaborate?

  8. Avatar

    7.62mm of darwin

    November 18, 2020 at 6:54 am

    You could naturally vaccinate yourself just by going outside and surviving it. The percentage of death by covid as apposed to death by existing illness is slight. The odds are with you and unless you envisage living forever locked way you must face the genie that has escaped the bottle……you cant put him back in

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Thailand

Thailand News Today | The RCEP reset, Hotel Talkfest, Protesters to be arrested | November 16

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Thailand News Today | The RCEP reset, Hotel Talkfest, Protesters to be arrested | November 16 | The Thaiger

First day of the week with another Thailand News Today, all the latest news from around Thailand and the region.

Hoteliers to discuss how to revive Thailand’s crippled hospitality industry

The Tourism and Sports Ministry is holding a talkfest with15 hotel operators expected to join to discuss recovery solutions for the battered industry.

Some top executives are planned to pitch in on revival plan including those from Dusit International, Erawan Group, Asset World Corp and Minor Hotels. After those from the industry weigh in on possible solutions for the plan, the proposals will be discussed at the November 24 Tourism Authority of Thailand meeting. TAT governor Yuthasak Supasorn says that if needed, they’ll request an additional budget for whatever plan they come up with.

Bill Heinecke from the Minor Group, one of Thailand’s largest hotel groups, is a strong proponent of opening up Thailand’s borders and managing the situation as tourists return.

Protest members could face assault charges as police gather evidence

Core protest members could face assault charges as police gather evidence after Saturday’s demonstration in Bangkok, which saw 2 policemen injured.

“Mob Fest” and “Bad Student” protest members staged the demonstration at Democracy Monument where they wrapped a 30 square metre cloth around the monument. The cloth included numerous demands and insults on it.

Police say that assault charges will be filed after one policeman was struck on the head by a flag pole and another was hit in the face by a hard object as they tried to prevent some of the protesters from breaking through a police cordon.

In a symbolic gesture thousands of the students turned their backs on a passing motorcade as HM the King and Queen of Thailand headed to the opening of new stations along the Blue MRT line.

15 Asia-Pacific countries form the world’s largest trade bloc

After 8 gruelling years of negotiation, 15 countries have signed onto the largest free trade bloc in history. In a joint statement, the leaders of the countries, signatories of the trade deal, say RCEP (Regional Comprehensive Economic Partnership) will form a crucial part of economic recovery once the pandemic is over.

The deal excludes the US, which withdrew from a rival Asia-Pacific trade pact 3 years ago. President Donald Trump pulled his country out of the Trans-Pacific Partnership in 2017. That deal would have involve 12 countries and was supported by Mr Trump’s predecessor Barack Obama as a way to counter China’s surging power in the region.

Now, the leaders of China, Australia, Japan, New Zealand, South Korea and the 10 ASEAN nations, have signed the free trade agreement which covers 2.2 billion people and 30% of the world’s economic output. The new free trade bloc will be bigger than both the US-Mexico-Canada Agreement and the European Union.

The combined GDP of the signatories was about 30% of global GDP, covering nearly 28% of global trade.

The deal is being seen as a significant step towards removing Asia Pacific trade barriers, and brings China under the fold of a larger regional bloc as its massive economy looks elsewhere for trading partners after the bruising US-China trade war.

Roadside bomb explodes as rangers drive to a wedding in Southern Thailand

In the southern province of Narathawit, an area troubled by insurgency-related violence right on the Thai-Malaysia border, a bomb exploded as rangers were driving to a wedding.

None of the soldiers were injured, but the bomb caused major damage to the pickup truck.

Hitman arrested over 14 year old cold-case murder in Pattaya of NZ businessman

An arrest has been made in a 14 year old Pattaya cold case following the arrest of a Thai man who allegedly murdered a New Zealander, Stephen Miller in 2006. The 40 year old is now in custody in Phetchabun province after a raid led by Crime Suppression Division. ‘Pokpong’ was wanted under an arrest warrant issued by Pattaya Court back in April 2006, on charges of murder and illegal possession of carrying a gun in public.

You can read the whole sordid backstory about Mr Miller and his Thai girlfriend at the time at thethaiger.com

Flooded underpass finally drained after locals get officials’ attention with viral photos

A flooded underpass in Nakhon Ratchasima has finally been drained after locals posted photos of them pretending to turn the area into a tourist attraction and swimming pool.

The State Railway of Thailand waited for almost a month before draining the water after the area was flooded by heavy rain.

But one enterprising Thai man came up with the idea to publicise the problem as he and some friends posed lounging in inflatable lilos on the water. Last Friday’s post went viral and got the attention of transport officials.

“I decided to post it to get the attention of the SRT. People here have nobody to turn to.”

In response to the viral post, the railway agency said the soil was blocking the pipes. Meanwhile no more free swimming pool for the two Thai guys.

Alleged drug dealers arrested after help from a stray dog

Police arrested 2 alleged drug dealers after a stray dog dropped off a bag full of amphetamine pills outside a post office in the northern province Phrae.

No one knows exactly where the dog found the bag of drugs, but surveillance camera footage shows the dog carrying the bag and dropping it off at the Rong Kwang district post office. The employees at the post office said it seemed as if the dog wanted to report a crime and they praised the dog for being so smart.

Police say 639 amphetamine pills were in the bag. Officers were able to track down the suspects. A 38 year old man and a 37 year old woman were arrested on charges of drug possession.

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Economy

15 Asia-Pacific countries form the world’s largest trade bloc, the great RCEP reset

The Thaiger

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15 Asia-Pacific countries form the world’s largest trade bloc, the great RCEP reset | The Thaiger

After 8 gruelling years of negotiation, 15 countries have signed onto the largest free trade bloc in history. In a joint statement, the leaders of the countries, signatories of the trade deal, say RCEP (Regional Comprehensive Economic Partnership) will form a crucial part of economic recovery once the pandemic is over.

The deal excludes the US, which withdrew from a rival Asia-Pacific trade pact 3 years ago. President Donald Trump pulled his country out of the Trans-Pacific Partnership in 2017. That deal would have involve 12 countries and was supported by Mr Trump’s predecessor Barack Obama as a way to counter China’s surging power in the region.

Now, the leaders of China, Australia, Japan, New Zealand, South Korea and the 10 ASEAN nations, have signed the free trade agreement which covers 2.2 billion people and 30% of the world’s economic output. The new free trade bloc will be bigger than both the US-Mexico-Canada Agreement and the European Union.

The deal sets the terms of trade in goods and services, cross-border investment and new rules for increasingly important areas such as electronic commerce, telecommunications and intellectual property.

The leaders’ statement said the landmark trade pact “demonstrates our strong commitment to supporting economic recovery, inclusive development, job creation and strengthening regional supply chains as well as our support for an open, inclusive, rules-based trade and investment arrangement”.

The combined GDP of the signatories was about 30% of global GDP, covering nearly 28% of global trade.

India pulled out of negotiations last year because of concerns it would not be able to protect its domestic industry as well as its agricultural sector. India’s exclusion from the bloc reduces its size by some 1.4 billion people. But the statement from the signatories says the door is still open for India to join in and it would be “welcome”.

The deal is being seen as a significant step towards removing Asia Pacific trade barriers, and brings China under the fold of a larger regional bloc as its massive economy looks elsewhere for trading partners after the bruising US-China trade war.

Li Keqiang, the Chinese premier, says the deal is “a victory of multilateralism and free trade”. Australia’s PM, Scott Morrison, says the deal will “open up new doors for Australian farmers, businesses and investors”.

The trend for a more integrated trade flow around the region has suddenly accelerated amid the feuding between the US and China. The 2 economic superpowers had imposed billions of dollars of punitive trade tariffs on each other’s exports.

Analysts hail the RCEP agreement, saying that it’s flexible enough to stretch to fit the “disparate needs of member countries as diverse as Australia, Myanmar, Singapore and Vietnam”. But the agreement doesn’t establish unified standards on labour and the environment or force countries to open services and other vulnerable areas of their economies.

Donald Trump pulled the plug on negotiations when he pulled out of the Trans-Pacific Partnership, a deal previously which was seen as a way of curbing China’s economic influence. He later initiated the heated US-China trade war in 019 maintaining he wanted to reduce the amount of imports from China, saying the goods could be built back in the US.

15 Asia-Pacific countries form the world's largest trade bloc, the great RCEP reset | News by The Thaiger

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Hot News

Asian trade deal to be signed today

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Asian trade deal to be signed today | The Thaiger

Today, 15 countries are set to sign a wide-reaching Asian trade deal to help them recover from the Covid pandemic. Such countries as China, South Korea, New Zealand, Australia, and Japan are part of the pact which also includes 10 south east Asian economies – the 10 countries of ASEAN.

The deal is seen as a Chinese-led alternative to the US trade initiative, which is now defunct. Alexander Capri, a trade expert at the National University of Singapore Business School, says the deal complements China’s overall envision of its influence and infrastructure spreading worldwide.

“The RCEP ‘solidifies China’s broader regional geopolitical ambitions around the Belt and Road initiative.'”

The new trading bloc will be the largest such organisation in the world.

Deborah Elms, executive director of the Asian Trade Centre, says the RCEP can help deliver economic growth in the region as Covid has further reminded such nations of why trade matters.

Such a deal can help shrink costs and allow companies toexport products anywhere within the bloc without meeting country-specific requirements. Environmental protections and labour rights have been left out of the deal as it centres mainly around intellectual property at this stage.

India, however, will be noticeably absent from the deal as it pulled out last year over concerns about cheap Chinese goods entering the country. Despite its absence, the deal is the largest of its kind in terms of GDP with members accounting for about 30% of global GDP.

A top economic adviser says the US could respond to the deal by joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, but concerns regarding this are minimal as previously the US had a negative response to the deal with fears over job losses topping its list.

SOURCE: Bangkok Post

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