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Vietnam seeks Germany’s support for digital transformation in manufacturing

The Hanoitimes – The German government fully support the enforcement of agreements in trade and industrial cooperation, including the EU – Vietnam Free Trade Agreement (EVFTA), to boost bilateral trade and investment cooperation. Vietnam seeks Germany’s support for local enterprises to join production chains of parts and accessories and set up a center for digital transformation […]

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Thailand: Grab leading in food delivery

Grab commands 50% of the market share among online food delivery apps in terms of gross merchandise value (GMV), followed by Foodpanda at 23% and Lineman 20%, according to the consultancy Momentum Works (MW). While food delivery platforms do not report their internal numbers for GMV or revenue, the report by MW offers evidence of […]

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Laos’ five-year plan targets 4% growth

The communist government of the Southeast Asian country of Laos is targeting annual economic growth of 4% in its five-year socio-economic plan to 2025, which aims to maintain growth and improve infrastructure. The plan, outlined by Prime Minister Thongloun Sisoulith at the 11th Party Congress on Wednesday, aims to reach annual average per capita income […]

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Philippines: Remittances reach $30 billion in 11 months

MANILA, Philippines — Remittances from overseas Filipino workers continued to grow in November 2020 although at a slower pace compared to previous months, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. According to the latest data from the BSP, personal remittances rose by just 0.1 percent to $2.643 billion in November last year from $2.639 […]

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Cambodia: Gov’t announces policy support for cassava industry

The Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025. The NCP is a joint effort by the Ministry of Commerce, Ministry of Agriculture, Forestry and Fisheries and the UN Development Programme (UNDP). […]

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