Minister of Industry and Trade Tran Tuan Anh informed the press on the outcomes of two special virtual meetings of ASEAN on responding to the COVID-19 pandemic that Vietnam hosted on June 4, as Chair of the ASEAN in 2020.
A communications campaign entitled “Blue Heart” was launched on June 4 to call for joint efforts to end violence and protect children and women, especially during emergencies such as the COVID-19 pandemic.
Secretary General of the Association of Housing Development of Indonesia (Peurmahan) Daniel Djumali has announced that revenue in the country’s real estate market this year has slumped by 70 percent year-on-year due to the COVID-19 pandemic.
The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), reported nearly 27.6 trillion VND (1.18 billion USD) in revenue between January and May, more than 6 percent higher than its target for the period.
Economic ministers from ASEAN member nations convened an online meeting on June 4 to implement instructions from ASEAN leaders made at the Special ASEAN Summit on COVID-19 on April 14.
The Cabinet of Thailand has approved a reduction in Land and Building Tax this year of 90 percent to help ease economic disruption from the COVID-19 pandemic.
Consumer habits have changed greatly during the COVID-19 pandemic, opening up opportunities for businesses that can capitalise on the changes, a recent survey has found.
The Malaysian Ministry of Energy and Natural Resources (KeTSA) has opened a bidding process for the Large Scale Solar (LSS) programme to create momentum for the national economy post-COVID-19.
The northern province of Bac Giang is planning a series of promotional events as this year’s peak harvest season nears, to promote and boost the export of its specialty lychee amid the COVID-19 pandemic.
Diversifying products and adapting quickly to market fluctuations will help create growth momentum and remove difficulties for seafood exports, experts have said.
Banks have embarked on the conversion of magnetic payment cards into chip cards for greater security, but the COVID-19 pandemic has significantly slowed down their efforts, making it difficult for them to meet the deadline.
The Indonesian government has decided to spend 52.5 trillion Rp (about 3.7 billion USD) to help 12 state-owned enterprises (SOEs) resume their post-pandemic operations, towards reviving the national economy, said Finance Minister Sri Mulyani on June 3.
Some 70,000-80,000 workers across the country have returned to work since the mass disruption caused by the novel coronavirus in Vietnam, said Deputy Minister of Labour, Invalids and Social Affairs (MOLISA) Le Van Thanh at an online conference held on June 3 to discuss and share experience in job creation and sustainable business in the new normal [after COVID-19].
The United Nations Security Council (UNSC)’s Informal Working Group on International Tribunals convened its first meeting in 2020 on June 3 under the chair of Ambassador Dang Dinh Quy, head of the Vietnamese Mission to the UN and chairman of the group.
FDI inflows to HCM City rose to nearly 70 million USD in the first quarter of 2020 thanks to the gradual redirection of investment flows due to COVID-19.
Deputy Prime Minister Vu Duc Dam requested relevant ministries to soon set the schedules for this year’s upcoming public holidays and school summer break to boost domestic travel demand.
Prime Minister Nguyen Xuan Phuc presided over a meeting of permanent government members in Hanoi on June 3 to review and boost the implementation of collaboration projects and programmes with Laos under agreements signed between the two countries’ leaders.
The Garment Manufacturers Association in Cambodia (GMAC), the Cambodia Footwear Association (CFA) and the European Chamber of Commerce in Cambodia (EuroCham) on June 2 requested the European Commission to postpone its withdrawal of the ‘Everything But Arms’ (EBA) preferential trade scheme for 12 months so that the apparel, footwear and travel goods sectors recover.
Indonesia's economic growth in the second quarter of 2020 is expected to be much lower than that of the first quarter, only about 1 percent due to the large-scale social restrictions (PSBB) imposed nationwide, said Finance Minister Sri Mulyani at an online press conference on June 3.
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