The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.
Expectations of business expansion among Singapore small and medium-sized enterprises (SMEs) have sunk to the lowest since 2009, according to a quarterly survey by the Singapore Business Federation (SBF) and Experian that was announced on December 23.
Cambodia’s real estate sector experienced strong growth in the first half of the year, with robust market absorption for landed housing and condominiums.
Exports by domestic businesses in the first nine months of 2019 grew by 16.4 percent year on year, much faster than the pace seen in the foreign invested sector, statistics show.
Indonesian airlines have served 21 million passengers fewer than they did in 2018, said Chaikal Nuryakin, Head of the Digital Economy and Behavioral Economics Research Division at the University of Indonesia.
The bond market continued to grow in the second quarter of 2019, by 2.6 percent from Q1, to 52.9 billion USD, including 48 billion USD worth of G-bonds and 5 billion USD worth of corporate bonds.
Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.
The Mekong Delta province of An Giang held a dialogue on August 9 with 100 investors in the locality to look into the situation and seek measures to remove difficulties facing them.
In the first six months of 2019, Vietjet’s revenue from air transport continued growing by 22 percent and its air transport profit increased by 16 percent year on year.
Ho Chi Minh City’s realty sector experienced a hazy first half of the year, with dwindling supply of both high-end and pocket-sized apartments, according to insiders.
Experts have forecast that 'GDP may reach 6.82% for the whole year, with an estimated export turnover growth of 8.02%, a trade surplus of 0.8 billion USD and average inflation of 3.38%.
Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam (SBV).
Hydropower plants have seen poor business performance in the first quarter of 2019, which could give coal-powered and gas-powered thermo-electric plants more opportunities to produce electricity.
The fluctuating global economy and the trade war between China and the US which has reduced the export sector has caused the Thai economy in the first quarter of this year to grow at a slower pace, at 2.8 percent compared to 3.6 percent in the last quarter of 2018.
Shopee and Tiki maintained their positions as the two leading sites in terms of traffic in Vietnam’s e-commerce sector in the first quarter of this year.
Supply of landed houses and villas in Ho Chi Minh City is short since developers are wary of this segment due to high costs and extended procedures, experts said.
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