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Vietnam’s economy rises by 4.48% in Q4

Bloomberg Vietnam’s economic growth accelerated in the fourth quarter as exports and manufacturing extended their recovery from the pandemic slump earlier this year. Gross domestic product (GDP) rises 4.48% in the fourth quarter compared to a year earlier, up from a revised 2.69% in the third quarter, the General Statistics Office said. That compared to the median estimate of 4.0% ...

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Indonesia expands ban on foreign visitors over virus

Bloomberg Indonesia has decided to impose a temporary ban on all foreigners from visiting the country on concern over the spread of a new variant of the coronavirus. The restriction will apply from January 1 to 14, with exceptions given to official visits by those holding ministerial-level positions or higher, said Foreign Minister Retno Marsudi in a Monday briefing. Non-citizens ...

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Baht’s rally stalls as Thailand battles virus fallout

Bloomberg A tug-of-war is building for Thailand’s baht as concern about the nation’s virus outbreak counters the support from its current account surplus. Tailwinds for the baht are fading after it breached the key level of 30 per dollar as a jump in domestic infections weighs on economic growth. Traders are now trying to determine if the currency’s recent pullback ...

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