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Vietnam’s GDP growth hits 12-year high of 8.02% in 2022

The country is listed among outperformers in Asia thanks to lingering re-opening tailwinds. A robust economic recovery following the Covid-19 pandemic helped Vietnam’s GDP growth hit an estimated 8.02% yearly, the highest during the 2011-2022 period. The data was released by the General Statistics Office (GSO) today [December 29], according to which the country’s GDP […]

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Thailand: New directions for industry

The past three years have proven to be challenging for many people following the outbreak of the Covid-19 pandemic. Though the situation has improved, many businesses are still grappling with economic pressures, such as higher costs driven by inflation and higher energy prices, while concerns over climate change are motivating businesses and the public to become more […]

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Labour export from Cambodia on an upswing

With the expected revival of economic activities and China’s decision to ease Covid-19 curbs, many ASEAN and Indo-Pacific states are scrambling to import workers and they are looking at Cambodia. Several tourism properties in south Pattaya, a major Thai tourist destination, are reportedly seeking new employees and have urged the foreign worker registration bureau to […]

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Vietnam pulls off Asia’s fastest growth

HANOI: Vietnam’s economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise. Gross domestic product rose 8.02% in the year to December, according to official data reported on Thursday. That was faster than the government’s initial target of 6%-6.5% growth and was aided by […]

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