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Vietnam’s economy expands amid virus

Bloomberg Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic. Gross domestic product rose 0.36% from a year earlier, compared with a revised 3.68% in the first quarter, the General Statistics Office said on Monday in Hanoi. The median estimate in a Bloomberg ...

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Japan factory production drops again

Bloomberg Japan’s industrial production dropped again in May even as a nationwide state of emergency was lifted, showing the severity of the pandemic’s impact on the export-reliant manufacturing sector. Factory output fell 8.4% from April, the economy ministry reported on Tuesday. Production slid from the prior month for a fourth time in a row, something that hasn’t happened since 2012. ...

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Fresh locust swarm enters India’s sugar cane region

Bloomberg A fresh swarm of desert locusts has entered Uttar Pradesh, India’s biggest sugarcane grower, via capital city Delhi and the northern state of Haryana, according to the federal farm ministry. Operations to control the grasshoppers are in full swing in the states of Rajasthan, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Punjab and Maharashtra, the ministry said in a statement. ...

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