Thailand has new Finance Minister World

Thailand has new Finance Minister

Thai King Maha vajiralongkorn approved the nomination of former Transport Minister Arkhom Termpittayapaisith as Thailand's new Finance Minister.
Further State support needed for firms to battle COVID-19: expert Business

Further State support needed for firms to battle COVID-19: expert

Support from the State is urgently needed to help firms maintain operation and surmount challenges as the COVID-19 pandemic has dealt a heavy blow to most manufacturing and services businesses, according to head of the Prime Minister’s economic advisory group Nguyen Duc Kien.
Vietnam gears up to resume int’l flights Business

Vietnam gears up to resume int’l flights

Vietnamese authorities are working to resume international flights in an attempt to help the aviation industry get a good recovery from the COVID-19 pandemic, which has clobbered the sector from the outset of the year.
Malaysian SMEs running out of cash due to COVID-19 World

Malaysian SMEs running out of cash due to COVID-19

The taps are running dry for small- and medium-sized enterprises (SMEs) as Malaysia moves into its fourth phase of the movement control order (MCO) to curb the spread of COVID-19, reported The Star newspaper.
COVID-19 presents opportunities to attract more FDI Business

COVID-19 presents opportunities to attract more FDI

The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries.
Textile, rubber-plastic brace for raw material shortage Business

Textile, rubber-plastic brace for raw material shortage

Vietnam’s key industries such as textiles, rubber and plastic must take measures to prepare for a shortage of raw materials as a result of the outbreak of the novel coronavirus in China, warned industry leaders and economic experts.
US-China trade deal forces firms to grow Business

US-China trade deal forces firms to grow

The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings, said economic experts.