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Vietnam woos global investors

HANOI: A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the US-China trade war. “We are ready to grab the opportunity,” Phuc said in an interview with Bloomberg TV’s Haslinda Amin, a few days before departing […]

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Vietnam: Opportunities for local support industry firms

HANOI — A few years ago, Samsung, a world-leading electronics company, encouraged local Vietnamese firms to produce spare parts for its factories. However, the firm struggled to find Vietnamese suppliers capable of making simple components like screws, chargers and keyboards to adequate standards. This sparked concern about the country’s support industry being unable to meet Samsung’s […]

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Miti to implement policies to grow Malaysian economy and industry

PETALING JAYA: The Ministry of International Trade and Industry (Miti) will announce a trade policy and roll out Industry 4.0 initiatives to drive the manufacturing sector and economic growth. The ministry will also consolidate incentives dished out by various investment promotion agencies under a single body to harmonise the various goodies given to industries to establish operations in the country. […]

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Philippines: Grab expands food delivery to Cebu

MANILA, Philippines — Southeast Asia’s leading online-to-offline mobile platform Grab is bringing its food delivery service to Cebu as it continues to expand its services in more cities and grow its merchant-partners base in the Philippines. Grab Philippines said GrabFood targets to replicate its success in Metro Manila to Cebu, given the city’s booming economy […]

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