The Hanoitimes – VinaCapital estimated Vietnam’s GDP growth would decline by three percentage points this year to 4% from 7.02% in 2019. VinaCapital, Vietnam’s major asset management firm, is of the view that the Covid-19 pandemic will ultimately benefit Vietnam’s economic prospects. In recent years, multinationals like Samsung, LG Group, and a plethora of Japanese manufacturers […]
Read MoreOver a million Indonesian families living in internet dead zones have been unable to access a government-funded electricity relief scheme being distributed online. An Energy and Mineral Resources Ministry official said on Tuesday that as many as 1.2 million families lived in regions with poor connectivity and thus were unable to access both the WhatsApp […]
Read MoreThe Association of Southeast Asian Nation (ASEAN) needs to think more about strategically restoring and promoting combined economic growth now and after the end of the COVID-19 crisis, said Prime Minister Hun Sen during the Special ASEAN Summit on the impact of COVID-19. “ASEAN must accelerate the implementation of existing plans and mechanisms as well […]
Read MoreMANILA, Philippines — The supply of food products in Luzon is seen to get a boost as food manufacturers are now operating at 80 to 90 percent capacity, the Department of Trade and Industry (DTI) said. “We can now catch up with the supply of some products because we allow them now to operate at […]
Read MoreThais are flocking to Bangkok’s Chinatown to sell their gold jewellery as the price of the precious metal spikes and the economy tanks due to the coronavirus pandemic. Gold surged to a seven-year high on Tuesday to US$1,731.25 an ounce, following global moves led by the US to reinflate economies with trillions of dollars of […]
Read MoreThe COVID-19 pandemic is driving the airlines, hospitality, restaurants and related support industries to the brink. Amid all these, Cambodia Angkor Airline the national carrier of Cambodia, a Cambodia, Vietnam Airline joint venture, is facing turbulent times with the minority partner putting its stake for sale, including its five aircraft. Sin Chansereyvutha, spokesman of the […]
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