Vietnamplus

The Malaysian government has allowed traders to hold unlimited cheap sales in a bid to fuel consumer spending, thereby boosting the country's economy amid the COVID-19 pandemic.

More than 340 Vietnamese citizens were flown home safely from Australia on August 7 on a flight of national flag carrier Vietnam Airlines.

A gradual U-shaped recovery is expected for the ASEAN+3 region, which includes ten ASEAN member states, China, Japan and the Republic of Korea, according to an updated forecast by ASEAN+3 Macroeconomic Research Office (AMRO).

As many as 207 hotels with nearly 23,250 beds in 25 cities and provinces across the country have registered to provide paid quarantine services by July 30, according to the Vietnam National Administration of Tourism.

Indonesia's economy contracted in the second quarter for the first time in more than two decades as it was slammed by coronavirus restrictions, with warnings that the recovery could be among the weakest in Southeast Asia.

Prime Minister Nguyen Xuan Phuc held phone talks with his Japanese counterpart Shinzo Abe on August 4 to discuss promoting bilateral ties as well as cooperation at regional and global forums.

Gradual improvement in the purchasing managing indices (PMIs) across Southeast Asia shows some return to normalisation, but a sustained recovery is still far away, according to a report released by Barclays Research on August 3.

Young Vietnamese at home and abroad are striving to contribute to the country’s fight against COVID-19 in their own way, believing that everyone has a role to play for the sake of their homeland.

The Indonesian government is set to provide cash transfers and working capital loans for micro, small and medium enterprises (MSMEs) in its latest bid to boost economic growth amid the COVID-19 pandemic.

Starting from August 11, travellers entering Singapore who are serving their stay-home notice (SHN) outside of dedicated facilities will have to wear an electronic monitoring device throughout the 14 days.

Relevant Vietnamese agencies along with the Vietnamese embassy in Angola, concurrently accredited to Equatorial Guinea, and Vietnam Airlines coordinated with counterparts in Equatorial Guinea to bring 219 Vietnamese citizens home safely on July 28-29.

Asia Pacific’s commercial real estate market has felt the brunt of COVID-19 so far this year, with a sharp decline in investment volumes and rental prices across most major commercial asset classes, according to real estate services firm JLL.

To mark Singapore’s 55th National Day (August 9, 2020), Singaporean Ambassador to Vietnam Catherine Wong Siow Ping writes about Singapore’s growing Strategic Partnership with Vietnam, and how both countries have worked together to overcome challenges.

Vietnam welcomes Japan’s easing of its travel restrictions for Vietnamese citizens, Foreign Ministry spokesperson Le Thi Thu Hang said on July 24.

A workshop will take place in Hanoi on July 30 to discuss cross-border e-commerce with Amazon and opportunities for exports, according to Deputy Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan.

The economic prospect of Vietnam is bright and the country’s economic growth story is like a “miracle”, S D Pradhan, deputy national security adviser of India, commented in a recent article run by Times of India newspaper.

In a recent interview granted to Vietnam News Agency correspondent in Singapore, Dr. Hoe Ee Khor, Chief Economist at the ASEAN+3 Macroeconomic Research Office (AMRO), expressed his impressions on Vietnam’s economic achievements and contributions to the Association of Southeast Asian Nations (ASEAN) since the country joined the bloc 25 years ago.

European businesses are more positive about Vietnam’s trade and investment environment in the first few months after COVID-19, the Business Climate Index (BCI) unveiled by the European Chamber of Commerce in Vietnam (EuroCham) on July 22 showed.

Japan will ease entry restriction for Vietnam and Thailand this month, said Foreign Minister Motegi Toshimitsu on July 22.

Units, organisations or companies that use internal transport will have to obtain transport business licences if the proposed revised law on road traffic from the Ministry of Transport is passed.