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Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. Cargo handling at Dinh Vu port, Haiphong. Photo: Cong Hung In its latest report, the World Bank pointed out the robust growth of industrial production by 9.4% in April, comparable to pre-pandemic rates. Manufactures of apparel, footwear, electronics, electrical equipment, and metal products were the most dynamic sub-sectors, registering double-digit growth rates, it added. However, machinery manufacturing slowed from 26.6% year-on-year in March to only 5.1% in April. This deceleration was related to supply chain disruptions caused by lockdowns in China, which led to a … [Read more...] about Vietnam’s economic recovery gaining momentum

At least 14 people were killed and more than a dozen others injured when a bus carrying domestic tourists crashed into an advertising sign in Indonesia's East Java province early on Monday, police said. A police officer inspects the scene of a bus crash in Surabaya, East Java on May 16, 2022. (The Jakarta Post/East Java Police) The bus -- which was carrying 31 passengers, the driver and a crew member -- hit the pole and then rolled over on a toll road connecting the town of Mojokerto to the country's second city, Surabaya. The victims were from Benowo, a village near Surabaya, and were returning home after a long weekend at popular holiday destination Dieng Plateau, about 400 kilometres away in Central Java, local official Ridwan Mubarun told Indonesian television station Metro TV. "Fourteen people have died and 19 others sustained minor and serious injuries," Mojokerto police chief Rofiq Ripto Himawan told reporters on Monday, adding that authorities … [Read more...] about Indonesia tourist bus crash kills 14