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If the disease is still spreading in September, the vacancy rate will rise in both markets, with the non-CBD areas being hit harder, showing an estimated increase of 5-7 ppts. Rent in the non-CBD area on the ground floor and first floor could end at 10% below the previous level, while the CBD’s rents may still fully recover. … [Read more...] about Retail market hit hard by coronavirus

Siêu Thị Cười features a series of plays about practical and intimate matters in today's life of Vietnamese, such as Tin Giả Phạt Thật (Fake News - Real Fine), Bán Hàng Online (Online Selling Business), and Giải Cứu  Ai Đây (Rescusing Whom?). … [Read more...] about TV dramas amuse audiences at home

On China’s Twitter-like Weibo service, “Are asymptomatic people really asymptomatic?” was the third most-discussed topic on Thursday afternoon, highlighting a state media interview with Liu Youning, a professor of respiratory medicine at the People’s Liberation Army General Hospital. … [Read more...] about China seeks to contain new coronavirus ‘silent carriers’

The tourism and export sectors are particularly vulnerable to weaker activity. Tourism accounts for about 10 per cent of GDP directly, but its contribution to overall GDP is considerably higher through indirect spillovers. Tourist arrivals for March fell by about 68 per cent year-on-year. Fitch’s baseline assumes the outbreak is contained by the second-half of this year and the global tourism industry starts to recover at a gradual pace. … [Read more...] about Fitch revises outlook on Viet Nam to Stable; affirms at ‘BB’

To cool off skyrocketing pork prices in the market, Viet Nam has pushed up imports of pork from many countries, including Canada, Russia, Germany, Poland, Brazil and the US. In the first quarter of this year, the country imported 39,200 tonnes of pork, up 312 per cent year-on-year. — VNS … [Read more...] about MARD requests local pig breeding farms and households to decrease live hog price