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 […]
Read MoreVietnam’s airline VietJet Air is to open routes from Ho Chi Minh City to Denpasar in March and to Jakarta by the end of the year, said VietJet Air managing director Do Xuan Quang during the recent ASEAN Tourism Forum (ATF) 2019 in Jakarta. “I assure [you] that starting March 2019, we will fly to […]
Read MorePETALING 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. […]
Read MoreMANILA, 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 […]
Read MoreThe launch of high-end residential projects and M&A activities proves the high-end segment continues to attract major investment from foreign developers though the trend may be set to change. Mapletree Investments launched the second phase of its high-end residential project One Verandah on December 15, after the first phase launched on June 30 saw all […]
Read MoreHANOI — The digital age offers opportunities for the world economy, creating new business models, which helps boost global GDP. Dang Hoang Hai, director of the Vietnam eCommerce and Digital Economy Agency under the Ministry of Industry and Trade made the statement during a workshop in Hanoi on Friday. He said the digital economy could also help countries increase productivity, efficiency and transparency in […]
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