Overseas 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 […]
Read MoreThe Philippine economy contracted for the first time in more than two decades during the first quarter, but officials warned Thursday that the worst was likely yet to come as the nation reels from the coronavirus pandemic. Gross domestic product shrank 0.2 percent in January-March, its worst performance since 1998 during the Asian financial crisis […]
Read MoreCambodia exported 186,205 tonnes of cashew nut to foreign markets in the first four months of this year, according to a report from the Ministry of Agriculture, Forestry and Fisheries. The nuts was exported to markets in Vietnam, Japan, Russia, China, and Hong Kong. Cashew nuts are one of the crops commonly grown in Cambodia […]
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Thailand
