Obstacles to economic development in developing countries

Tiến said over the past several months, ASEAN countries have taken their own measures to control the COVID-19 pandemic as well as respond to the economic impacts of the pandemic. However, the COVID-19 pandemic is not just a medical crisis, but a crisis for growth when international trade and supply chains are disrupted. … [Read more...] about ASEAN parliaments work together for post-pandemic economic recovery

From the perspective of the Vietnamese government, Japanese businesses are highly regarded as a community of committed and trustworthy investors who deliver significant efficiency in their business operations, notable contributions to the public budget, as well as environmental protection awareness and responsibility to workers’ living standards. … [Read more...] about Japanese enterprises mull over relocation of manufacturing to Vietnam

As such, the report calls for urgent, large-scale and targeted policy responses to support youth, including broad-based employment/training guarantee programmes in developed countries, and employment-intensive programmes and guarantees in low and middle-income economies. How can we help the economy and workforce recover? The Monitor analyses measures being taken to create a safe return-to-work environment. It says that rigorous testing and tracing of COVID-19 infections, “is strongly related to lower labour market disruption… [and] substantially smaller social disruptions than confinement and lockdown measures.” In countries with strong testing and tracing, the average fall in working hours was reduced by as much as 50 percent. There are three reasons for this: testing and tracing reduces reliance on strict confinement measures; promotes the public confidence and so encourages consumption and supports employment, and helps minimise operational disruption at the … [Read more...] about ILO: COVID-19 causes loss of 305 million of jobs in the second quarter

"In such a difficult time, when all economies have been hit hard by Covid-19, Vietnam has stood out in the global community as a role model in pandemic fighting and prevention, as well as accumulating research and innovation results to offer scientific and technological solutions for dealing with the pandemic’s impacts," he said. … [Read more...] about Vietnam wins international praise for innovation headway

An overview of the virtual meeting of the Committee on Social Matters in the framework of AIPA 41 Delegates to the meeting proposed multiple approaches and responsive measures to protect lives and health of people, as well as environment, aiming at sustainable development in the region and the world.They affirmed the determination of AIPA Member Parliaments to support the ASEAN Socio-Cultural Community in responding to COVID-19 ensuring that no one is left behind during epidemic outbreaks and other public health emergencies. … [Read more...] about AIPA cooperation crucial in mitigating COVID-19’s impacts on society