Vietnam Airlines is in an extremely difficult situation as it continues incurring losses. Private airlines, including Vietjet Air and Bamboo Airways, have also been affected financially. The Ministry of Planning and Investment (MPI) said that the Covid-19 pandemic has caused the air transport market to seriously decline. Air transport demand has decreased by 34.5-65.9 percent […]
Read MoreMILLENNIALS and Gen Zs in Singapore feel more anxious and stressed than their global counterparts, even as fewer have spoken openly with their employers about their feelings. According to Deloitte’s 2021 Millennial and Gen Z Survey, 45 per cent of millennials and 40 per cent of Gen Zs in Singapore said they feel anxious or […]
Read MoreA shipping port in southern China has temporarily halted the import of frozen seafood from Cambodia due to the port’s recently reduced capacity because of newly implemented Covid-19 prevention measures. Zhanjiang, the port located in southern Guandong province, will also stop importing frozen seafood from Vietnam, India, Pakistan, Bangladesh, Newpal, Bhutan, Myanmar, Laos, Thailand and […]
Read MoreMANILA, Philippines — The Philippines slipped seven notches in the global competitiveness ranking, the sharpest drop in Asia-Pacific and its poorest performance over the last five years, as the country’s mediocre pandemic response led to an economic deterioration, the worst in several decades. Based on the World Competitiveness Ranking 2021 of Switzerland-based Institute for Management […]
Read MoreVietnamese producers continue to have a faint imprint on the world’s deep-processed coffee market, and many small businesses are now beginning to pay more attention to branding, while larger ones seek new ways to increase export output. Intimex JSC, Vietnam’s largest supplier of Robusta coffee beans, took an unexpected turn when it decided to focus […]
Read MoreThailand climbed one spot to 28th in the 2021 world competitiveness rankings conducted by the Institute for Management Development (IMD), boosted by improvements made in employment and public finances. However, among its peers within Asean, Malaysia and Indonesia made the greatest gains rising two places to reach 25th and three spots to reach 37th, respectively. […]
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