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ADB trims Asia growth forecasts as Omicron threatens economy

ADB trims Asia growth forecasts as Omicron threatens economy

The Asian Development Bank warned Tuesday that the highly mutated Omicron coronavirus variant could have a “substantial” economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia. Despite a sharp drop in infections and increased vaccination across the region stretching from the Cook Islands in the …

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Worst of Covid’s economic fallout over: HSBC CEO

Worst of Covid’s economic fallout over: HSBC CEO

The worst economic impacts of the Covid-19 are behind Vietnam and many potentials are lying ahead on the country’s recovery progress, the CEO of HSBC Vietnam said. “So as 2021 draws to a close, it is time to take a deep breath, believe that the worst really is behind us …

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International upgrade proposed for central Vietnam airport

International upgrade proposed for central Vietnam airport

The Transport Ministry has proposed that the Dong Hoi domestic airport in the central province of Quang Binh be upgraded into an international one. The proposal is part of the ministry’s draft plan on developing airports nationwide for the 2021-2030 period with vision until 2050, the Civil Aviation Authority of …

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