According to the Business Mirror, the Philippines Banana Planter and Exporter Association (PBGEA) stated that profits in the banana export market dropped by 15% because the outbreak of Covid-19 increased shipping costs and delayed transport. This year almost 40% of the Chinese import bananas come from Cambodia and Vietnam The Philippines suffers more from distribution […]
Read MoreVietnam’s e-commerce market will maintain its solid growth trajectory this year, analysts said at a ceremony announcing Vietnam’s E-Business Index within the framework of the Vietnam Online Business Forum on April 20. Speaking at the event, a representative from the Vietnam E-Commerce Association (VECOM) said enterprises have become more dynamic and gradually adapted to e-commerce. […]
Read MoreIn case the US can fully disburse the entire US$1.9-trillion stimulus package, Vietnam’s GDP could expand by an addition of 0.76 percentage points. Vietnam could reach an economic growth in range of 6-6.3% in case the Covid-19 pandemic is fully contained domestically and the global economy returns to its upward trend. Chief Economist of the […]
Read MoreVietnamese tend to be more open to digital banking services than people in other countries in the Asia-Pacific region such as Singapore, Malaysia, New Zealand or Australia, according to a recent survey by FICO. FICO’s survey was conducted in 10 countries and territories in Asia-Pacific, including Australia, Hong Kong, Indonesia, Malaysia, New Zealand, the Philippines, […]
Read MoreWith expectation to develop into a leading digital economy in Southeast Asia over the next decade, Vietnam is also witnessing a strong inflow of high-tech investment swelling performance in the region. Since last year when Vietnam acted as ASEAN chair, the country has set out a goal of boosting and cementing digitalisation among ASEAN member […]
Read MoreThis move may result in a more than US$5 billion reduction in the State’s budget collection in 2021. The Vietnamese government will this year continue to extend deadline for payment of value added tax, corporate income tax, personal income tax and land rental fees. This will be the third time that the government supports businesses […]
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Thailand
