Vietnam

Coronavirus latest: Vietnam suffers FDI drop of 8.2% in January-May

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 5,495,061, according to Johns Hopkins University.

The worldwide death toll has hit 346,232.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Tuesday, May 26

11:50 p.m. Vietnam received $6.7 billion in foreign direct investment in the first five months of 2020, down 8.2% from a year earlier, the Ministry of Planning and Investment says. As the pandemic has

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Vietnam and Mekong peers pay economic price despite low virus tolls

SINGAPORE — Cambodia, Laos, Myanmar and Vietnam have detected far fewer coronavirus cases than their more advanced Southeast Asian neighbors, but their economies are taking a beating all the same, potentially forcing a rethink of their development models down the road.

Analysts at Maybank Kim Eng expect the growth rate for the foursome, sometimes abbreviated as CLMV, to be more than halved this year, to 3% from 6.9% in 2019. Some experts warn that these governments may require international assistance to weather the crisis, even though their collective virus infections number in the hundreds versus tens of thousands across the

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Vietnam and 3 peers pay high economic price despite low virus tolls

SINGAPORE — Cambodia, Laos, Myanmar and Vietnam have detected far fewer coronavirus cases than their more advanced Southeast Asian neighbors, but their economies are taking a beating all the same, potentially forcing a rethink of their development models down the road.

Analysts at Maybank Kim Eng expect the growth rate for the foursome, sometimes abbreviated as CLMV, to be more than halved this year, to 3% from 6.9% in 2019. Some experts warn that these governments may require international assistance to weather the crisis, even though their collective virus infections number in the hundreds versus tens of thousands across the

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Vietnam city fines Bayer chief for South China Sea ‘nine-dash’ map

HO CHI MINH CITY — The CEO of Bayer Vietnam faces up to 70 million dong ($3,000) in fines for disseminating a map of the South China Sea that included the so-called nine-dash line, which China uses to demarcate its claims on the waters.

The Ho Chi Minh City government summoned Bayer’s local chief Lynette Moey Yu Lin on Friday to inform her that she will be fined for violating Vietnam’s regulation banning the spread of illegal information and images regarding Vietnam’s sovereignty through a personal email.

According to Ho Chi Minh City’s Department of Information Technology and Communications, Lin

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