It explained that a disruption of supply chains in the region will result in slower manufacturing growth, due to an inability to secure inputs from and export to China, a key trade partner. Moreover, a cutback in tourist arrivals from the country’s top three markets – China, South Korea, and Japan – will weigh on tourism and by extension the services industry. … [Read more...] about Sustained growth can be achieved through reforms
Sustainability
Standard Chartered commits $75 billion toward SDGs
In October 2018, it created the Sustainable Finance team and has since launched sustainable deposit products in London, Singapore, Hong Kong (China), and New York; plus, a €500 million ($542 million) Sustainability Bond, the proceeds of which will be used to provide finance in areas aligned with the Sustainable Development Goals – including clean energy projects, smaller business lending and microfinance loans. … [Read more...] about Standard Chartered commits $75 billion toward SDGs
AirX Coffee Face Masks introduced to Vietnamese consumers
Thanh Le, owner of AirX, is upbeat about the future of sustainable products such as AirX Coffee Face Mask. In Vietnam, the younger generation are paying more attention to sustainable living. They start to use personal cups when they buy coffee, go shopping with cloth bags, and use paper straws. … [Read more...] about AirX Coffee Face Masks introduced to Vietnamese consumers
Japan to declare coronavirus emergency, launch stimulus of almost US$1 trillion – PM
“Japan won’t, and doesn’t need, to take lockdown steps like those overseas,” Prime Minister Shinzo Abe told reporters, citing the opinion of infectious disease experts. “Trains will be running and supermarkets will be open. The state of emergency will allow us to strengthen current steps to prevent an increase in infections while ensuring that economic activity is sustained as much as possible,” he said. … [Read more...] about Japan to declare coronavirus emergency, launch stimulus of almost US$1 trillion – PM
New FIT for solar power to take effect on May 22
The potential for solar energy in Vietnam is 60-100GWh per year for concentrated solar power, while for photovoltaic (PV) systems, it is around 0.8-1.2GWH per year. With around 1,600-2,700 hours of sunlight per year and an average direct normal irradiance (DNI) of 4-5kWh per square metre, the country has huge potential for solar power. … [Read more...] about New FIT for solar power to take effect on May 22
