Indonesia enters first recession since 1998 World

Indonesia enters first recession since 1998

Indonesia has officially entered its first recession since the 1998 Asian financial crisis as its economy contracts again in the third quarter of this year, albeit at a slower pace.
Singapore’s retail sales continue to drop World

Singapore’s retail sales continue to drop

Retail sales in Singapore fell by 10.8 percent year-on-year in September, a steeper decline compared to the 5.4 percent drop in August, according to the country's Department of Statistics (SingStat).
Book on Fidel Castro and Vietnam debuts Culture - Sports

Book on Fidel Castro and Vietnam debuts

The book “Fidel Castro va Viet Nam – Nhung ky niem khong quen” (Fidel Castro and Vietnam – Unforgettable memories) was introduced to the public in Hanoi on November 7, as part of the activities to mark the 60th anniversary of the Vietnam – Cuba diplomatic relations (December 2, 1960 – 2020).
More aid coming to flood-hit residents Society

More aid coming to flood-hit residents

President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man on November 5 received nearly 12 billion VND (roughly 518,800 USD) donated by overseas Vietnamese for flood victims in the central region.
Vietnam impacted by widening weather extremes: Minister Environment

Vietnam impacted by widening weather extremes: Minister

Extreme weather conditions are becoming more common in the region and around the world and have greatly affected Vietnam, Minister of Natural Resources and Environment Tran Hong Ha told lawmakers at the National Assembly’s ongoing 10th session in Hanoi on November 5.
Four weekly flights to be launched between Vietnam, Taiwan (China) Society

Four weekly flights to be launched between Vietnam, Taiwan (China)

Four round-trip flights are expected to be launched between Vietnam and Taiwan (China) each week after Deputy Prime Minister and Foreign Minister Pham Binh Minh agreed with plans to resume commercial flights between the two sides from September 15, the Ministry of Foreign Affairs' Vice Spokesperson Duong Hoai Nam has said.
Ministry predicts 2020 export growth of 3-4 pct. Business

Ministry predicts 2020 export growth of 3-4 pct.

Vietnam still managed to maintain export growth in the first 10 months of this year despite COVID-19, and exports for the year as a whole are expected to rise 3-4 percent against 2019, according to the Ministry of Industry and Trade (MoIT).
Indonesia’s railway operator records 163.6 mln USD loss in September World

Indonesia’s railway operator records 163.6 mln USD loss in September

State-owned railway operator PT Kereta Api Indonesia (KAI) posted 2.4 trillion IDR (163.6 million USD) loss between January and September, a drastic turn-around from the 1.5 trillion IDR profit booked during the same time last year, as the COVID-19 pandemic continues to put pressure on travel demand.