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Vietnam: Travel firms still complain about lack of tourists

Vietnam officially reopened tourism on March 15 with a more open visa policy for some markets.. However, the number of travelers remains modest. On March 15, Vietnam unilaterally applied a visa waiver policy for citizens from 13 countries and bilaterally applied the same policy for citizens from 88 countries and territories. The e-visa resumed after […]

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Malaysia’s automotive industry faces acute shortage of manpower

KUALA LUMPUR (BERNAMA) – Malaysia’s automotive manufacturing industry is facing an acute shortage of workers which could derail the national automotive manufacturing (NAM) ecosystem if not resolved immediately. Proton Vendor Association President Dato’ Dr Wan Mohamed bin Wan Embong said the NAM ecosystem might collapse with the loss of more than 500,000 jobs and wiping […]

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Laos Records USD 48 Million Trade Surplus in February

Laos posted a USD 48 million trade surplus in February 2022, with exports totaling USD 519 million and imports totaling USD 471 million. According to the most recent data from the Lao Trade Portal website, the total value of trade in February was USD 990 million, Xinhua reports. Laos’ primary exports were gold (in the form of bars), […]

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World Bank cuts Thai growth outlook to 2.9% this year

Thailand’s economy is expected to grow 2.9% this year, down from a prediction of 3.9% seen in December, the World Bank said on Tuesday. Weakening global demand will slow growth in goods exports, while the fallout from the Ukraine-Russia war will weigh on domestic consumption, external demand and tourism, the agency said in a statement. […]

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