Sahara reporters latest news headlines today

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Condotels have lost their attraction among investors due to tighter management restrictions, and farm stays have emerged as a new investment trend during the COVID-19 pandemic. However, experts have urged caution when investing in this model, given the risks of an incomplete legal framework and a potentially long wait for investors to make a return on the outlay. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh notes that immediately after the Government issued a decree on the certification of fragrant rice varieties exported to the EU, the Ministry of Agriculture and Rural Development (MARD) also issued a decision to instruct local businesses on relevant procedures on the certification of fragrant rice varieties exported to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12