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Vietnamese economy forecast to grow 7.5% in 2022

The nation’s economic recovery has accelerated over the last six months on the back of a resilient manufacturing sector coupled with a robust rebound in services, according to a World Bank (WB) economic update for Vietnam released on August 8. The country’s economy expanded by 5.2% in Q4 of 2021, 5.1% in Q1 of 2022, and […]

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Philippines: Unemployment rate steadies at 6% in June

MANILA, Philippines — Filipinos are in search of more earnings as elevated commodity prices continue to bite, with older people also trying to get into the labor market to secure extra income. Latest data from the Philippine Statistics Authority showed that the number of jobless Filipinos slightly increased to 2.99 million in June from 2.93 […]

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Thai firms eye potential of Cambodian investments

Thai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. According to Sanan Angubolkul, chairman of the Thai Chamber of Commerce and Board of Trade of Thailand, Cambodia is seeing average economic growth of 7-8% per year as a result of […]

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Tourism featuring ASEAN cultures heats up in border region

Xinhua – South China’s Guangxi Zhuang Autonomous Region, as the frontier of exchanges and cooperation between China and the Association of Southeast Asian Nations (ASEAN), has offered an exotic taste featuring ASEAN cultures for tourists. Due to geographical proximity and cultural affinity, a strong atmosphere of cross-border cultural exchanges and integration between China and ASEAN has […]

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