The Hanoitimes – Only 2% of enterprises in Vietnam are immune from the pandemic. Around 47% of 400 enterprises in Vietnam surveyed by the Private Economic Development Research Board (Board IV) in mid-August said they were forced to lay off workers during the Covid-19 resurgence in Danang and other localities in late July. Notably, 33% of […]
Read MoreMANILA, Philippines — Local manufacturing activity is expected to pick up in the coming months on the back of record low interest rates, as well as higher infrastructure spending, according to Rizal Commercial Banking Corp. (RCBC). Michael Ricafort, chief economist at RCBC, said the record low interest rates would support greater demand for loans and […]
Read MoreThe logistics industry is expected to contract 10 per cent this year due to the economic downturn caused by the Covid-19 pandemic outbreak, the Thai Transportation and Logistics Association (TTLA) said. TTLA chairman Chumpol Saichua added that usually the industry expanded every year in line with economic growth. The sector accounts for 14 per cent, […]
Read MoreSINGAPORE, Sept 8 — Guidelines designed to ensure that businesses spell out the prices of goods and services clearly in their advertising were unveiled by the Competition and Consumer Commission of Singapore (CCCS) yesterday. The guidelines, which will take effect on November 1, aim to ensure that advertised “discounts” are genuine, and that mandatory costs such […]
Read MoreThe Hanoitimes – In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate. The USD/VND exchange rate in the last four months of the year is expected to remain stable, thanks to a weakening US dollar, […]
Read MoreThe Ministry of Public Works and Transport (MPWT) is seeking to open a new international border gate with Vietnam to facilitate container cross-border traffic between the two countries, according to an MPWT official. Nou Savath, secretary of state at the Ministry of Public Works and Transport, said, during the 20th Cambodia-Japan public-private sector meeting that […]
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