Vietnam-China Jan trade plummets on new year holiday, virus


A security staff standing at the entrance of a primary school closed to prevent the spread of corona virus in Hanoi on Monday (Feb 3). Vietnam has closed schools and suspended mainland China flights over virus fears as it spread to two dozen nations and killed more than 300 people in China. - AFP

HANOI: Trade between Vietnam and China fell sharply in January due to the week-long Lunar New Year holiday and coronavirus outbreak that has led to transport and supply chain disruptions

Vietnam relies heavily on China, its largest trading partner, for materials and equipment for its labour-intensive manufacturing.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
trade , holiday , coronavirus , disruptions

Next In Business News

MUI Bhd to take asset-light strategy with Corus KLCC hotel sale
Ecobuilt sells Kapar land for RM5.74mil to reduce debt
SCIB sells concrete subsidiary to YTL Cement for RM113mil
Dialog expects challenging economic environment ahead
BAT Malaysia to raise cigarette prices from Nov 21
Paramount’s 3Q25 net profit up more than 50%
Critical Holdings acquires land in Penang for RM11.5mil
Ringgit extends technical correction, ends lower as US rate outlook remains uncertain
Lianson Fleet Group partners with PetroVietnam to explore JV in offshore drilling
Dialog Group expands Pengerang Deepwater Terminals with BP deal

Others Also Read