Cambodia and South Korea have taken a step closer this month to the two nations Free Trade Agreement (FTA) with a feasibility study being signed between South Korea’s Trade Minister Yoo Myung-hee and Cambodian Commerce Minister Pan Sorasak in the Korean city of Busan last November. Seang Thay, a spokesperson for the Ministry of Commerce, […]
Read MoreTrueMoney Wallet, the largest prepaid electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers’ spending patterns. Monsinee Nakapanant, co-president of Ascend Money Co Ltd, the operator of TrueMoney, said transaction amounts of the company’s digital wallet have grown […]
Read MoreOverseas remittances to Vietnam this year have been forecasted to fall by 17% this year due to the Covid-19 pandemic, according to a local economist. Chief Economist Can Van Luc from the Bank for Investment and Development of Vietnam (BIDV) said that Vietnam’s overseas remittances in 2020 would be 10-15% or even 15-17% lower than […]
Read MoreHanoi asked for permission to close shops and some business activities to fight against Covid-19 on March 25. Later, the Prime Minister released a decision on social distancing that began on April 1. Shippers then became the only link connecting buyers and sellers. They included delivery services for online sale apps, post office, freight and […]
Read MoreThe economy is shrinking, businesses are closing and jobs are disappearing due to the coronavirus pandemic. But in the housing market, prices keep chugging higher. Home prices plunged during the last recession after a housing crash caused millions of families to lose their homes. Home values could start to erode again, especially when mortgage forbearances […]
Read MoreThe Hanoitimes – Vietnam should be prepared for a new wave of FDI inflows after the Covid-19 medical issue is resolved, which could be in around one year from now, said CEO of VinaCapital Don Lam. In addition to fiscal measures already in place to mitigate the Covid-19 impacts on the economy, Don Lam, CEO of […]
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Thailand
