Vietnam to disburse $30 billion of public investment funds this year to tackle virus impact Follow our live blog for the latest updates on the coronavirus:
Public investment, excluding investment made by state-owned enterprises, often accounts for around one-fifth of Vietnam’s total investment and is spent on infrastructure and social development projects.
The Southeast Asian country’s gross domestic product in the first quarter of this year grew at its slowest pace in 10 years, at 3.8% due to the pandemic.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ECB urges measures worth 1.5 trillion euros this year to tackle virus crisis: sourcesThe European Central Bank told euro zone finance ministers that the bloc may need fiscal measures worth up to 1.5 trillion euros ($1.6 trillion) this year to tackle the economic crisis caused by the COVID-19 epidemic, officials told Reuters.
Read more »
Verma-Azar feud extends into coronavirus eraAdvocates for HHS secretary say his rival should have waited to let him announce $30 billion in grants to hospitals.
Read more »
Chamath Palihapitiya: US shouldn't bail out hedge funds, billionaires during coronavirus pandemicChamath Palihapitiya, founder and CEO of investment firm Social Capital, said the U.S. shouldn't be bailing out billionaires and hedge funds during the coronavirus pandemic and should help on the general public.
Read more »
China's auto market to recover despite virus impact: officialsChina's auto market, the world's biggest, will gradually recover and remain stable for a long period of time despite short term pressure from the coronavirus epidemic, officials said on Thursday
Read more »
Tiffany & Co. Foundation Pledges $1 Million to Covid-19 ReliefThe donation will be split between the World Health Organization's Covid-19 Solidarity Response Fund and The New York Community Trust's NYC Covid-19 Response and Impact Fund.
Read more »