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Three main trends for Vietnam’s e-commerce in 2021

Innovation in Vietnam’s e-commerce industry this year will focus primarily on payments, logistics, and digital technology. In 2020, major online shopping platforms in Vietnam added games and livestream services. Tran Tuan Anh, managing director at Shopee Vietnam, said during the time of social distancing, Vietnamese consumers began to switch to online platforms for both essential […]

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Thailand: Tax perks and regulation package for FDI ahead

The government is scheduled to unveil fresh tax incentives and relaxed regulations later this month to facilitate the ease of doing business and entice foreign investors who are looking to relocate their production sites to stave off the continued trade spat between the US and China. Deputy Prime Minister Supattanapong Punmeechaow said the fresh investment […]

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Philippines: Factory gate prices fall 5.3% in January

MANILA, Philippines — Factory gate prices contracted sharply in January as COVID-19 restrictions affected demand nearly across the board, according to the Philippine Statistics Authority (PSA). Latest data from PSA showed that the Producer Price Index (PPI) declined  by 5.3 percent, faster than the annual decline of 3.8 percent in December last year. It is […]

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