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Vietnam Q1 GDP grew 4.48% y/y, March exports soar 19.2%

HANOI: Vietnam’s gross domestic product grew 4.48% in the first quarter of 2021 from the same period a year earlier, while March exports soared 19.2% year-on-year, government data released on Monday showed. The expansion of GDP compared with 3.8% growth in the first quarter of 2020 and 4.48% in the fourth quarter. The industrial and […]

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World Bank: East Asia and Pacific to recover unevenly

The developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region called Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific. Despite startuing to bounce back in the second half of 2020, only China and Vietnam have […]

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Philippine capital back in lockdown as virus cases surge

The Philippines placed the Manila region and nearby provinces under lockdown for a week from Monday to stem the nation’s worst coronavirus surge that’s overwhelming hospitals in its key economic area. The national capital region and the adjacent Bulacan, Cavite, Laguna and Rizal provinces will be under an enhanced community quarantine or ECQ, the nation’s […]

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Vietnam-EU to debut e-commerce site for businesses

The e-commerce site is a key national program to boost trade activities between Vietnam and the EU. An e-commerce site will make debut soon for businesses of Vietnam and the EU to better exploit opportunities of export to each other’s market after the EU-Vietnam Free Trade Agreement (EVFTA) took effect. This is a cooperation program […]

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