Vietnam has managed to contain COVID-19, lifting social isolation measures and reopening the economy, allowing businesses to resume.

Despite low growth this year, the Vietnamese economy is projected to rebound strongly next year thanks to the surge in domestic production following the coronavirus pandemic.

Vietnam’s total seafood export value in the first fourth months of this year fell by 10% to US$2.18 billion due to the impacts of the COVID-19 epidemic, according to the Agricultural Product Processing and Market Development Department under the Ministry of Agriculture and Rural Development.

Comprehensive information on the situation of enterprises in Vietnam just released by the General Statistics Office in the White Book 2020 shows that, even while some enterprises have yet to be affected by the COVID-19 pandemic, their production and business activities have also encountered many difficulties.

EU trade defence measures are effective in reducing unfair international trading practices, according to an annual report published today by the European Commission. The anti-dumping or anti-subsidy duties imposed by the Commission lead on average to an 80% decrease in unfair imports, leaving other foreign supplies unaffected. EU measures protect now also 23,000 more jobs than a year before.

Vietnam posted total export revenue of US$82.94 billion in the first four months of this year, up 4.7% over the same period in 2019, the Ministry of Industry and Trade announced on May 4.

THE Japanese government will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Asean countries.

It is unclear what the tourism industry would look like after COVID-19 : travellers will re-venture cautiously with the concept of social distancing in mind.

Indonesia's economy grew at its weakest pace since 2001 in the first quarter, as the coronavirus pandemic halted business activity in Southeast Asia's largest economy and fuelled expectations of a looming recession.

Japan will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Southeast Asia, as the coronavirus pandemic has greatly disrupted their supply chains heavily dependent on China.