The Hanoitimes – Vietnam’s exporters are reminded that exporting good quality products is to “preserve the national prestige.” Vietnam had shipped 415.7 million cloth masks, fine dust masks, and two-layer fiber masks worth US$63.2 million in the year to April 19, according to General Department of Vietnam Customs. Japan was the largest importer, buying 32.7 million […]
Read MoreThe Hanoitimes – Any currency weakness is likely to be mild so as to avoid possible sanctions from the US given Vietnam’s inclusion in the US Treasury’s currency manipulator watch list. Fitch Solutions, a subsidiary of Fitch Group, expected the Vietnamese dong (VND) to weaken slightly over the coming quarters and to average VND23,475/USD in 2020 […]
Read MoreThe Hanoitimes – The number of enterprises resuming operations in April surged 40.4% year-on-year, indicating enterprises are preparing for a restart once the pandemic is contained. Due to the Covid-19 pandemic, the number of newly established enterprises in Vietnam in the first four months of 2020 stood at 37,600 with registered capital of a combined VND445.2 […]
Read MoreThe Hanoitimes – As of April 15, budget revenue collection reached VND427.2 trillion (US$18.35 billion), equivalent to 28.2% of the year’s estimate. Vietnam recorded a state budget surplus of VND18.7 trillion (US$803.37 million) in the year to April 15, 2020, less than half the budget surplus of VN44.6 trillion (US$1.91 billion) in the same period of […]
Read MoreThe COVID-19 pandemic is putting severe growth pressure on the economies of Cambodia, Laos, Myanmar and Vietnam (CLMV) and may cause the region’s growth to slip to a historical low, according to a Maybank Kim Eng report. CLMV’s GDP growth is forecast to slow sharply to 3 percent in 2020, down from 6.9 percent in […]
Read MoreAround 61 percent of respondents have not been offered relief by landlords, a flash survey of the impacts of COVID-19 done by CBRE has found. The consultancy said the survey polled its 180 occupier clients in early April to gauge the industry response to the COVID-19 outbreak. The pandemic has caused concern about the business […]
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Thailand
