Generally, central banks so far are maintaining interest rates and assuming a wait-and-see approach towards the outbreak. The few central banks that have cut rates had their own reasons, with COVID-19 being a factor weighty enough to force them into action earlier than projected. An instant and rational measure at this point of time should only be supporting liquidity and rescheduling debts for the sectors severely hit by the epidemic. … [Read more...] about Prudence important in assessing COVID-19 implications
Drastically changing thanks for your patience
With emerging channels growing in popularity, including minimarkets, convenience stores and ecommerce, there will be a continuing shift from traditional shopping behaviors to omni-channel and multi-channel shopping, reinforcing the rising omnichannel trend in the retail and FMCG market in the coming time. — VNS … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
Minister Anh said "Current challenges require us as ASEAN Chair to increase connectivity between ASEAN members. We need to strengthen ASEAN’s adaptability and resilience to emerging complications in order to create new vitality for ASEAN and enhance cooperative mechanisms within ASEAN and between ASEAN and its partners." … [Read more...] about Priorities for ASEAN economic pillar unveiled