Novaland Group, a leading real estate developer in Vietnam, is pleased to announce the second disbursement of USD 101 million from its USD 250 million inaugural syndicated secured term loan facility (the “Facility”).
The cost of the coronavirus pandemic could be as high as $4.1 trillion, or almost 5% of global gross domestic product, depending on the disease’s spread through Europe, the U.S. and other major economies, the Asian Development Bank said.
Indonesia has vowed to do whatever it takes to limit the damage to Southeast Asia’s biggest economy amid the coronavirus pandemic, signaling a willingness to spend billions of dollars more on protecting lives and boosting growth.
President Donald Trump is trying to get the world to cut oil production by 10 million barrels a day in an effort to end a market-share war that sent crude prices plunging to the lowest levels in two decades.
The price of rice has soared in the world market recently, which provides a good opportunity for rice exporters in Vietnam. However, it is important to remain calm in the current situation and introduce more effective, appropriate and flexible policies to take better advantage of the market.