WB lowers Malaysia’s 2020 growth forecast to -4.9 pct ASEAN

WB lowers Malaysia’s 2020 growth forecast to -4.9 pct

The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected contraction in the second quarter of 2020.
Vietnam - a development success story: WB official at VDRF 2020 Business

Vietnam - a development success story: WB official at VDRF 2020

With its outstanding achievements over the past three decades, Vietnam is a development success story and continues to perform well even in the pandemic on a range of indicators, including trade, growth and human capital, Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank, has said.
Improving sentiment lifts emerging East Asian bonds Business

Improving sentiment lifts emerging East Asian bonds

The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.
New Zealand lauds Vietnam’s role as ASEAN Chair 2020 ASEAN

New Zealand lauds Vietnam’s role as ASEAN Chair 2020

New Zealand highly evaluated Vietnam’s role as Chair of ASEAN 2020, especially amid the challenging and unusual circumstances, said Alison Mann, New Zealand's Senior Official for APEC, East Asia Summit, ASEAN Regional Forum and SEAN.
ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).
ASEAN step up cooperation with EU, India ASEAN

ASEAN step up cooperation with EU, India

The ASEAN-EU and ASEAN-India Ministerial Meetings were held virtually on September 12 within the framework of the 53rd ASEAN Foreign Ministers’ Meeting (AMM 53) and Related Meetings.