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Thailand: Logistics lures Japanese

Four Japanese investors will spend a total of 10 billion baht within the fourth quarter to develop warehouse and logistics facilities in response to the boom in e-commerce, online shopping and the export sector amid the Covid crisis. Phattarachai Taweewong, associate director of the research and communications department at property consultant Colliers Thailand, said several […]

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Minimising reliance on imports crucial for Vietnam’s part-supply industries

The urgent need to enhance competitiveness in global value chains means minimising reliance on imports, according to industry insiders. Viet Nam’s supporting industries remain dependent on imported part supplies, which was evident when the COVID-19 pandemic caused disruptions to local production due to a shortage of imported raw materials. Truong Thi Chi Binh, vice president […]

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Vietnam: Businesses seek interest rate cuts, banks worry about declining profits

Business associations and industries have repeatedly asked commercial banks to ease lending interest rates to share difficulties with them in the Covid-19 pandemic. The Vietnam Plastics Association (VPA), for example, has sent a document to Prime Minister asking for urgent help. There are nearly 3,000 enterprises operating in the plastics industry employing 300,000 workers. Seventy […]

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