Singapore is the second most preferred city in Asia-Pacific for cross-border investments this year, according to the CBRE 2021 Asia Pacific Investor Intentions Survey.
Cambodia will receive 1 million doses of anti-COVID-19 vaccine developed by Sinopharm of China to vaccinate 500,000 people, Cambodian Prime Minister Hun Sen has announced via his Facebook account.
Southeast Asia’s economic growth will rebound to 6.2 percent in 2021 with Vietnam achieving 8 percent growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW.
Indonesia received the third bulk of COVID-19 vaccine by Chinese manufacturer Sinovac Biotech one day prior to the start of the national vaccination campaign.
The highest dose, 75mcg, of Nanocovax, a COVID-19 vaccine developed by Vietnam, was given to three volunteers in Hanoi on January 12 as part of the first stage of human trials.
Singaporean Prime Minister Lee Hsien Loong received his first dose of the Pfizer-BioNTech vaccine on January 8, at the start of a nationwide drive to vaccinate staff across various public healthcare institutions.
Indonesia’s economic recovery should not only depend on government spending as it will not be sufficient to compensate for the slowing economic activity caused by the COVID-19 pandemic, Finance Minister Sri Mulyani Indrawati has said.
Thailand’s GDP growth could drop below the 3.2 percent baseline projection due to lower foreign arrivals amidst uncertainty regarding COVID-19 vaccine efficiency, and reduced fiscal stimulus, according to the latest minute from the Bank of Thailand’s Monetary Policy Committee (MPC).
The Indonesian Government on January 6 decided to impose travel restriction from January 11-25, especially on Java and Bali islands amid the spread of the COVID-19 pandemic.
In contrast to some regional countries, Cambodia has begun easing restrictions imposed for the past six weeks that followed a COVID-19 outbreak last November.
The Ministry of Health (MoH) has negotiated with partners in the UK, the US, Russia, and China about purchasing COVID-19 vaccines, Deputy Minister Truong Quoc Cuong said on January 4.
Indonesia on January 3 started nationwide distribution of the COVID-19 vaccine that was developed by Chinese firm Sinovac Biotech and mass inoculations are scheduled to begin later this month.
The Bank of Thailand (BoT) has reduced the country's GDP growth outlook for next year from 3.6 percent to 3.2 percent, mainly due to an anticipated delay in tourism recovery.
Vietnam is working hard to build a stable and transparent investment and business environment, thus becoming a destination for international human and capital resources, so it would be unreasonable for the country to devaluate its currency, experts have said.
Many Southeast Asian countries have taken various measures to prevent the spread of the novel coronavirus since the number of infections have increased in the nations recently.
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XIII National Congress of Communist Party of Vietnam
