Nikkei Asian Review has learned that Panasonic, the Japanese multinational electronics, is planning its appliance factory basing near Bangkok Thailand to a larger one in Vietnam for better efficiency. 

Hanoi is gearing up to cut at least 5% of its regular expenditure, in addition to reviewing the financial situation in order to come up with a plan in order to be more efficient with budget revenue and expenditure management moving forward

The COVID-19 outbreak has set a great burden on young people and force them to strongly change their spending habits, according to a retail analysis from First Insight.