vn01
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Vietnam’s car imports plunge 36.2% in 4 months

The Hanoitimes – The majority of imported cars in Vietnam in April came from Thailand and Indonesia. Vietnam imported 31,586 cars in the first four months of 2020 worth US$688 million, down 36.2% year-on-year in volume and 38.57% in value, the General Department of Vietnam Customs (GDVC) said in a release. Upon breaking down, the country […]

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Philippines: Government economic team sees deeper GDP slump

MANILA, Philippines — The inter-agency Development Budget Coordination Committee (DBCC) has further lowered its gross domestic product (GDP) projection this year as the economy continues to suffer from the impact of the coronavirus disease 2019 or COVID-19 pandemic. In a statement, DBCC said the Philippine economy is expected to shrink by a range of two […]

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