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Vietnam: EVFTA obligations can brew up coffee success

Bolstered by the growing demand in the EU, Vietnam’s coffee industry has a major opportunity to capture a bigger market share on the European continent. Tran Van Thinh, owner of a coffee store in Berlin, expects that he could buy Vietnam’s speciality coffee products. “The locals like Vietnamese coffee but we still buy products from […]

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Thai govt should use fiscal policy more to help economy

BANGKOK: Thailand’s fiscal policy should play a greater role to help the economy recover from the impact of the coronavirous pandemic, the central bank governor said on Friday, with the benchmark interest rate at a record low. The central bank will focus on assisting with debt restructuring, Veerathai Santiprabhob told reporters after the launch of […]

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Philippines: Slow distribution of SAP adds to slow recovery

MANILA, Philippines — The slow distribution of fiscal support as the pandemic wears on will contribute to the slow recovery of the economy, according to a London-based think tank. In a report, Capital Economics said the slow distribution of social assistance to vulnerable sectors may cause a slower economic recovery. “While second quarter gross domestic […]

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Malaysia: Exclusive – Consumption blues

PETALING JAYA: Declining household income, insufficient savings and a resurgence of the Covid-19 threat will likely dampen private consumption, a key component of the Malaysian economy, in the near term. The job prospect level would also dictate private consumption trends moving forward, amid unemployment which is expected to hover between 4% and 4.5% this year. […]

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Nearly 50% of Vietnamese shop online: Report

The Hanoitimes – Online shopping revenue accounted for 4.9% of total retail sales of goods and services in 2019. Around 44.8 million people, or nearly 50% of Vietnam’s population, shopped online last year, according to the latest e-commerce report conducted by the Vietnam eCommerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade […]

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