Japanese news service Nikkei Asia announced on June 3 its COVID-19 Recovery Index for May, highlighting that both Vietnam and the Philippines recorded their best performances as both countries strived to ease restrictions while keeping infections low.

Vietnam is seeing a rapid return to normality as Hanoi finally eases restrictions, says Nikkei Asia in its new article.

With its mainstay department store business foundering amid the coronavirus pandemic, Japan's Takashimaya has turned to property development overseas as the company's next engine for growth.