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Vietnam: Long-term tactics start to formulate

With the government’s determination to gradually loosen social distancing policies, businesses are eager to build strategies to resume operations as soon and as fully as possible. Nguyen Hoai Bao, vice president of wooden furniture exporter Scansia Pacific, explained to VIR that the company is maintaining the stay-at-work operation method with capacity of 20 per cent. […]

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Thailand: Weakening trend continues for baht

The baht opened at 33.35 to the US dollar on Tuesday, weakening from Monday’s closing rate of 33.34. The Thai currency is likely to move between 33.30 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht is still pressured by weakening factors than strengthening in the short term. […]

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