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Vietnam: Factories with only a few positive Covid-19 cases should remain open under new rules

It’s unreasonable to close a factory with thousands of workers when only one positive case is found, officials have said. At an online conference discussing solutions to help enterprises in industrial zones (IZs), export processing zones (EPZs) and hi-tech zones on September 20, 2021, a representative of Nidec Vietnam proposed that enterprises should not be […]

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ADB keeps growth outlook on Philippines, but recovery still ‘fragile’

MANILA, Philippines – The Asian Development Bank maintained its economic outlook on the Philippines despite the recent tightening of pandemic lockdowns, saying the economy is healing but recovery remains delicate. In an update of its flagship “Asian Development Outlook (ADO)” report released Wednesday, the Manila-based lender said the economy will likely grow 4.5% this year, […]

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