Vietnam needs to have a law on the supporting industry to aid its development, according to the chairman of the Vietnam Chamber of Commerce and Industry (VCCI). VCCI chairman Vu Tien Loc said new waves of foreign direct investment (FDI) to Vietnam will focus on the supporting industries. Therefore, if the domestic supporting industries are not […]
Read MoreThe Immigration Bureau (IB) is expediting the processing of travel documents of tourists aboard more than 10 foreign yachts stranded in international waters to allow them to enter Thailand. Pol Maj Gen Achayon Kraithong, the IB’s deputy commander, said more than 10 yachts off Thailand’s coast have asked the IB for permission to let tourists, […]
Read MoreCambodian exports reached approximately $11.714 billion, up around 18 percent, a figure only marginally lower than the same period last year (18.4 percent) according to socio-economic trend statistics compiled by the Ministry of Economy and Finance. The report stated that total exports of Cambodian products remain positive for 2020’s first eight months even though the […]
Read MorePETALING JAYA: Budget 2021 plays a delicate role in not only strengthening households’ purchasing power, but also in creating an accommodative investment environment for local companies and foreign investors. Incentives and measures under the budget are expected to make Malaysia a competitive investment destination, at a time when foreign direct investments (FDIs) are evolving to be geographically […]
Read MoreDong Nai has been among the leading localities in Vietnam in attracting foreign investment over recent years, with local authorities continuing to innovate and create a favourable investment environment. Fujitsu Vietnam has been operating at the province’s Bien Hoa 2 Industrial Park for more than 25 years. It initially invested nearly 80 million USD upon […]
Read MoreMANILA, Philippines — Fitch Solutions Country & Risk Industry Research expects a deeper economic contraction for the Philippines for this year, but expects a stronger rebound next year on the back of supportive fiscal and monetary policy stances. The research arm of the Fitch Group expects the Philippine economy to contract by a deeper 9.6 […]
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