Thailand’s shrimp exports are projected to fall 14 percent this year to only 150,000 tonnes, with values down 21 percent to some 44 billion THB (about 1.46 billion USD), mostly due to the pandemic and strong currency.
The central city of Da Nang is planning a myriad of New Year welcoming activities to attract tourists, and they will be organised at an appropriate scale depending on the COVID-19 situation, a local official said on December 9.
The Mekong Delta province of Kien Giang has seen a rebound in domestic tourism and the number of visitors is expected to rise during the upcoming New Year and Tet (Lunar New Year) holidays.
Thailand’s Tourism and Sports Ministry has set a target of 10 million domestic trips per month during high season following the cabinet's approval of more financial aid measures on November 3.
The second stimulus package to aid the economy amid the COVID-19 pandemic would focus on the most affected sectors, including aviation, tourism and consumption, according to the Ministry of Planning and Investment.
The first group of visitors from the northern province of Quang Ninh have visited tourist attractions in Ho Chi Minh City as part of the city’s tourism stimulus programme that has recently resumed.
The Indonesian Transportation Ministry has agreed to provide the aviation industry with a stimulus package worth 216.5 billion Rp (14.75 million USD) aimed at cutting costs and boosting demand throughout the COVID pandemic.
The national flag carrier Vietnam Airlines said on October 13 that it had lost 10.75 trillion VND (463.7 million USD) in the first nine months of this year.
Cambodia’s poverty rate could nearly double to 17.6 percent and unemployment could rise to 4.8 percent, according to a policy brief that assesses the socio-economic impact of COVID-19 in Cambodia released by the UN Development Programme (UNDP) on October 8.
The Ministry of Culture, Sports and Tourism has issued a document, asking tourism management departments, tourism associations and businesses to continue carrying out domestic tourism stimulus programmes in the remaining months of 2020.
One reason for the forecast increases in working-hour losses is that workers in developing and emerging economies have been much more affected than by past crises.
The Malaysian government has unveiled another economic stimulus package worth 10 billion RM (2.4 billion USD) to bolster the country's economy and weather the impact of COVID-19.
Indonesia’s state budget deficit had reached 500.5 trillion Rp (33.96 billion USD) by the end of August, equivalent to 3.05 percent of the country’s gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said on September 22.
Thailand has unveiled a three-month stimulus package worth 51 billion THB (1.63 million USD) to boost domestic consumption and support the COVID-19-hit economy.
The Ministry of Culture, Sports and Tourism has issued a document, asking tourism management departments, tourism associations and businesses to continue carrying out domestic tourism stimulus programmes in the remaining months of 2020.
The World Tourism Organisation (UNWTO) has chosen “Tourism and Rural Development” for the 2020 edition of the World Tourism Day on September 27, according to the Vietnam National Tourism Administration (VNAT).
After being hit by the second outbreak of COVID-19, the tourism sector is preparing for the launching of the second phase of the domestic tourism stimulus programme.