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Vietnam: Bright opportunities for electronics industry

Phones and phone components have been the most valuable export items of Vietnam in recent years. There are still more opportunities for Vietnam to develop the electronics industry. The industry mostly makes phones, tablets, motherboards, screens, TVs, cameras, office equipment and optical products. Phone and phone components have had the largest export turnover since 2013. […]

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Cambodia’s economy recovers well in 2022, with better growth forecast for next year despite headwinds

Newly-ratified free trade agreements, namely the Regional Comprehensive Economic Partnership and the Cambodia-China Free Trade Agreement (CCFTA), have helped boost Cambodia’s agriculture and agro-processing industries, said World Bank senior country economist Ly Sodeth. Cambodia’s economy has recovered well from the impact of COVID-19 in 2022, with better performance being expected for 2023, said a government […]

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Thailand: Smartphone shipments dip in Q3 as inflation bites

Thailand’s overall smartphone shipments dropped 12% year-on-year in the third quarter, particularly for entry-level handsets, as inflation delayed people’s purchasing decisions, says global tech market analysis firm Counterpoint. Shipments refer to smartphones that manufacturers send to mobile carriers and retailers. The smartphone market did receive a boost from the ultra-premium segment, with growth of 32% year-on-year […]

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Philippine growth seen to slow to 5% amid tailwinds

MANILA, Philippines — The gross domestic product (GDP) growth of the Philippines will significantly slow to five percent next year from the projected 7.2 percent this year as tailwinds supporting the post-pandemic recovery have matured, ANZ Research said. “Factors that supported the rebound in domestic demand have reached their point of maximum strength and should […]

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