Many Japanese businesses believe that Vietnam needs to get rid of the image of an assembly and outsourcing country by creating new technology industries to help solve society’s challenges. At a recent seminar held by Mitsubishi Research Institute on business initiatives towards the future society in Vietnam, Mr. Nguyen Anh Tuan, Deputy Director of the […]
Read MoreDespite slower economic growth in neighbouring countries and zero-Covid measures in China, Thailand’s cross-border trade is still expected to grow by at least 5% this year to 1.80 trillion baht, driven by greater demand for gasoline, edible oil, tyres and auto parts. Pitak Udomwichaiwat, director-general of the Foreign Trade Department, said the department remains bullish on […]
Read MoreMANILA, Philippines — Inflation likely remained elevated, staying above six percent for the third straight month in August due to rising global oil prices as well as increasing demand for goods and services as the economy further reopens from strict COVID quarantine and lockdown protocols, according to economists. Unionbank chief economist Ruben Carlo Asuncion said […]
Read MoreThe intermodal transportation connectivity and logistics system master plan worth $48.6 billion will cover 332 projects consisting of seven projects that include master plans of logistics, roads, rails, waterways, ports and airways. Khmer Times explains how Cambodia will cope with it. The Ministry of Public Works and Transport (MPWT) has planned to develop four logistics […]
Read MoreINDONESIA is bracing for protests this week after the government raised fuel prices by more than 30 per cent to curb soaring subsidies, as higher costs hit households and small businesses across the archipelago. Tens of thousands of workers are set to demonstrate in Jakarta on Tuesday (Sep 6), with trade unions saying the fuel […]
Read MoreIn order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected. As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th in the world and second in Southeast Asia. Though […]
Read More
Thailand
