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HOW HAS COVID-19 IMPACTED VIETNAMESE CONSUMERS?

APPEARING AT THE END OF 2019, THE NEW CORONAVIRUS (COVID-19) HAS SPREAD RAPIDLY AROUND THE WORLD. AND LIKE CONSUMERS IN MANY OTHER MARKETS, VIETNAMESE CONSUMERS ARE CONCERNED ABOUT THE OUTBREAK, RESULTING IN A SIGNIFICANT IMPACT TO THEIR LIVING AND CONSUMPTION HABITS. Therefore, Nielsen Vietnam, in conjunction with Infocus Mekong Mobile Panel, conducted a survey to […]

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COVID-19: Indonesian banks face challenging time but hopes remain

The spread of COVID-19 is expected to hit Indonesian banks’ performance this year, but analysts remain hopeful that the industry will still be resilient enough to face the challenges the pandemic is bringing to the economy. Moody’s Investors Service has downgraded Indonesia’s banking industry outlook, along with 11 other countries in the Asia Pacific region, to negative […]

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Thailand: Operators scramble to meet surging consumer demand

Thailand’s logistics network has seen a considerable spike in volume, leaving operators scrambling to meet demand from a homebound population relying on deliveries for essential goods. Last week, rumours swirled on social media of employees quitting en masse from Kerry Express, the nation’s largest private delivery company, accompanied with pictures of boxes piling up at […]

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Cambodia: Kingdom casts it export net wider to mitigate exit of major US and EU markets

Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. Khmer Times spoke to Penn Sovicheat, the under-secretary of state and spokesperson for the […]

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