The Hanoitimes – If the world’s GDP growth decreases by one percentage point, Vietnam’s export expansion would fall by four percentage points, but the decline in 2020 seems to be even more serious. Economic reforms and international cooperation are essential for Vietnam to navigate through the Covid-19 pandemic, according to Nguyen Anh Duong, head of the […]
Read MoreBusiness activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. Chun Leap, the owner of Romdul Bokor restaurant in Phnom Penh, said her business had seen some recovery in the last few months but that now it was back to where it was six […]
Read MoreThe Eastern Economic Corridor (EEC) Office plans to increase its investment of 1.7 trillion baht in targeted industries as global trade and investment are expected to rebound with US president-elect Joe Biden’s rise to power. Officials are adjusting the five-year investment plan, which starts this year, and will forward the new version to Deputy Prime […]
Read MoreThe Hanoitimes – Vietnam’s exports to Japan via AEON in 2020 are set to reach US$500 million and can potentially rise to US$1 billion in 2025. As the Covid-19 pandemic is impacting global trade, retail is fast becoming an effective channel for Vietnamese firms to boost exports, especially to the Japanese market. In late June, a […]
Read MorePETALING JAYA: The updates on the Covid-19 vaccine development are not expected to affect the prospects of glove makers in the near term. An analyst noted that forecasts for glove companies remained unchanged and estimated that local glove makers generally have orders secured up until the end of 2021. According to UOB Kay Hian, Supermax Corp […]
Read MoreThe Hanoitimes – E-commerce growth in Vietnam is estimated at 46% in 2020, alongside strong growth across most sectors except for travel. Vietnam’s internet economy is expected to reach a total value of US$14 billion in 2020, having grown 16% year-on-year, and will likely reach US$52 billion in value, re-accelerating to nearly a 29% compound annual […]
Read More
Thailand
