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Vietnam seeks investments from Japan, S.Korea into supporting industries

The Hanoitimes – Vietnam will actively and selectively attract foreign investments, taking high-quality, efficiency, modern technology and environmental protection as the key benchmarks. Vietnam is looking to attract investors from Japan and South Korea into the country’s supporting industries as the localization rate of the sector is quite low compared to some countries in the region, […]

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Malaysia: Finance Ministry hopes economic recovery momentum can be maintained

PETALING JAYA: The Finance Ministry hopes the momentum of economic recovery would be maintained through Budget 2021, which will be announced on Nov 6. Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the economy was seeing improvements from various perspectives and indicators, including lower unemployment rates, rising retail and wholesale index, increased foreign direct […]

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Thailand: Fitch warns of steep path without tourists

Thailand’s economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings. “I think it is very hard to see Thailand mounting an aggressive recovery in [economic] growth in the absence of some kind of improvement in the tourism sector,” […]

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