Singapore’s economy further recovers World

Singapore’s economy further recovers

The Ministry of Trade and Industry (MTI) of Singapore on November 23 narrowed its forecast contraction to between 6 percent and 6.5 percent in 2020, from 5 percent to 7 percent before, as GDP improved in the third quarter.
Vietnam’s digital economy to reach 14 billion USD this year Sci-Tech

Vietnam’s digital economy to reach 14 billion USD this year

Vietnam’s digital economy is expected to reach 14 billion USD in 2020, a year-on-year increase of 16 percent, and will likely reach 52 billion USD in 2025, re-accelerating to nearly 29 percent in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.
Vietnam targets private-sector development Business

Vietnam targets private-sector development

Vietnam needs to develop a strategy to promote the development of the private sector over the next decade to maintain growth, speakers said at a conference on socio-economic development from 2021 to 2030 recently held in HCM City.
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).
Investment at HCM City IPs up 7.16 percent  in 10M Business

Investment at HCM City IPs up 7.16 percent in 10M

Industrial parks (IPs) and export processing zones (EPZs) in HCM City attracted investment totalling 591 million USD in the first 10 months of this year, an increase of 7.16 percent year-on-year, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).