The Hanoitimes – The target remains a challenging task, given growing uncertainties in the global and domestic economies, including the complicated evolution of the Covid-19 pandemic. Vietnam is expected to set an average GDP growth target of 7% in the five-year socio-economic development plan for the 2021 – 2025 period, according to Prime Minister Nguyen Xuan […]
Read MoreThe Hanoitimes – The relief package is estimated to cost VND11 trillion (US$470 million). The government of Vietnam will cut electricity prices by 10% for slect buyers in April, May, and June as part of efforts to ease burden caused to citizens and businesses by the Covid-19 pandemic. The Ministry of Industry and Trade made the […]
Read MoreThe Hanoitimes – Amid a slowdown in private investments and consumption, expert suggested public spending is essential to spur economic growth and ensure decent living standards for the people. Due to growing impacts of the Covid-19 pandemic, an increase in public spending with a focus on greater disbursement of public investment is a key measure to […]
Read More[HO CHI MINH] Ho Chi Minh City is seeking the Vietnam premier’s approval to temporarily shut down a unit of Pou Chen Corp, the world’s largest maker of athletic shoes, because of concerns about a potential outbreak of the coronavirus. Authorities for the metropolis, which has the most confirmed virus patients in the country after […]
Read MoreThe Hanoitimes – The city’s real estate market took a hit in the first quarter and it will take time to recover. Retail is one of the industries hit the hardest by the Covid-19 pandemic, and is contagious to the real estate industry. Hanoi’s real estate market has witnessed the closure of many tenants when they […]
Read MoreVietnam Airlines, the 49 percent shareholder of the Cambodian national airline, Cambodia Angkor Air, has said that it is looking to divest its shares in the airline. Cambodia Angkor Air currently has five A321 aircraft and is said to be currently in an advanced stage of negotiations to sell the aircraft and the stake to […]
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Thailand
