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Vietnam’s economy to continue strong growth

The Hanoitimes – After an impressive growth rate of 7.38% in the first quarter, the economy will continue its strong growth till the end of the year, albeit at slightly lower rates, according to Vietnam Institute for Economic and Policy Research (VEPR). Consequently, VEPR forecasted the growth rate in 3 remaining quarters at 6.51%, 6.84% and […]

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Cambodia: Officials praise ride app merger despite anti-competition fears

In the days following the announcement that ride-hailing giant Uber was selling its Southeast Asia assets to regional competitor Grab, regulators and government officials across the region took action to ensure the move wouldn’t hurt competition in the sector. Regulators in the Philippines and Singapore, where Grab is based, launched anti-trust investigations, while Malaysian officials […]

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Thailand: Government construction contracts and the EEC

Of the 1 trillion baht in investment expected to pour into the government’s flagship Eastern Economic Corridor in Chachoengsao, Chon Buri and Rayong, about 500 billion baht is expected to take the form of public procurement — government construction contracts and purchase agreements — with 300 billion to be financed by borrowing spread over the next […]

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