The Hanoitimes – During the two-month period, deposits from economic institutions in Vietnam’s banking system declined 4.84% against the end of 2019 to VND3,770 trillion (US$161.08 billion). In the first two months of 2020, economic institutions in Vietnam net withdrew VND191.76 trillion (US$8.2 billion) from the banking system, double the net withdrawal amount of VND95.9 trillion […]
Read MoreConsumer goods makers, distributors and modern trade operators have agreed to lower goods prices by 5-58% to help reduce living costs during the coronavirus crisis. The campaign starts with six categories covering 72 items from March 16 to June 30. Commerce Minister Jurin Laksanawisit chaired a meeting on Thursday with representatives from 14 manufacturers, various […]
Read MoreBank Indonesia (BI) will relax rules on credit cards, including lowering the maximum interest rate and late payment penalty, to boost cashless transactions and fuel economic activities during the coronavirus pandemic. BI Governor Perry Warjiyo said the regulation would serve as a stimulus for credit card holders and businesses to boost the virus-hit economy. The relaxation […]
Read MoreMyanmar hotel and tour businesses will be exempted from paying licence fees for a period of one year as the sector continues to struggle against the COVID-19 pandemic, the hotel ministry said on April 16. The fees for applying for a new license or renewals, which include a hotel business fee, tour agencies fee, tour […]
Read MoreThe National Flag Carrier, Cambodia Angkor Air (K6) has said that it has well prepared its resources to immediately resume operations when the pandemic is under control. The global aviation industry is hard hit by COVID-19 pandemic and airlines around the world are facing the most toughest time in its history. As such, Cambodian Aviation or […]
Read MoreThe Hanoitimes – At present, the Covid-19 pandemic has caused a decline of 7% year-on-year in trade turnover of agro-forestry-fishery products between Vietnam and China. Vietnamese Minister of Agriculture and Rural Development Nguyen Xuan Cuong on April 16 held a meeting with Chinese Ambassador to Vietnam Xiong Bo to discuss measures to boost bilateral cooperation in […]
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Thailand
