Hanoi (VNA) – Vietnam will be one of the few nations worldwide to record positive economic growth in 2020 despite a global collapse in trade, travel and investment caused by the COVID-19 pandemic, according to an article recently published by the English language news media publishing group Asia Times. Vietnam’s relative economic success is somewhat surprising considering that the country’s government has affirmed that it won’t put economic recovery ahead of public health, it noted. Vietnam is not only the envy of its COVID-hit Southeast Asian neighbours, but it has also earned international plaudits for its resilience, according to the article. The article cited the Lowy Institute’s Asia Power Index published last month, which revealed that Vietnam’s international image was one of the Asia-Pacific’s best improvers this year, with its score on diplomatic influence gaining six percentage points. Earlier this year, Vietnam had the … [Read more...] about Asia Times highlights Vietnam’s positive economic growth
Mainland and maritime southeast asia
In its article posted on October 1, Asia Times said that Vietnam should re-emerge quickly in the post-pandemic period, making it one of the best performers in the global economy.COVID-19 outbreak, with impressive growth. Therefore, its economy is expected to witness positive signals soon after the pandemic is brought under control, which is highly unlikely for those countries that are seriously plagued by COVID-19,” according to the article.Vietnam’s GDP growth could reach 2.8 percent in 2020 and will recover to 6.7 percent next year, while S&P Global Ratings expects that Vietnam will be the second-best performer among Asian economies this year. … [Read more...] about Vietnam – a rising star in the world post COVID-19: Asia Times
For brewers and baristas seeking to compete on the world stage, winners of each event category will stand a chance to represent Malaysia at the World Coffee Championships, sanctioned by World Coffee Events (WCE). The stage, which is hosted by a different country yearly, will see competitors, judges and volunteers from across the country taking part. … [Read more...] about Montgomery Asia partners with Malaysia Specialty Coffee Association (MSCA) to launch the inaugural International Café & Beverage Show (ICBS) in Malaysia!
Hanoi (VNA) – The number of confirmed COVID-19 cases in Indonesia has surpassed the 500,000-mark, with 4,442 new cases recorded in the past 24 hours. According to the latest data from the country’s Health Ministry, the national tally reached 502,110, with 16,002 deaths including 118 newly reported ones. Indonesia has reported the largest number of COVID-19 infections and fatalities in Southeast Asia. Meanwhile, the Philippines logged 1,799 new cases and 50 deaths on November 23, bringing the tally to 420,614 and 8,173, respectively. Health Undersecretary Maria Rosario Vergeire warned Filipinos to avoid crowds as the holiday season draws near. She repeated the warning after pictures of shoppers crowded a shopping mall, disregarding the safe distance. In Malaysia, 28 factory buildings of Top Glove will be closed in phases after 1,889 workers tested positive for the coronavirus SARS-CoV-2. The world’s largest maker of latex gloves has racked up record profits this … [Read more...] about Indonesia’s COVID-19 cases surpass 500,000-mark
Chairman of the Hanoi People’s Committee Nguyen Duc Chung on May 9 tipped that, at the upcoming event, the city will issue investment licenses for some 100 projects. Among them, domestic investors are expected invest nearly VND330 trillion (US$14.28 billion), including 26 social housing projects worth VND72 trillion (US$3.11 billion) for low-income buyers. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 13