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Thailand: TAT homes in on Asian expatriate segment

The Tourism Authority of Thailand (TAT) is eyeing Asian expatriates, including Chinese nationals residing in Laos and Cambodia, due to their increasing wealth and demand for sending their children to study in Thailand. Oranooch Pakapan-Rutten, TAT’s marketing representative in Cambodia and Laos, said Japanese, Korean and Chinese investors residing in Cambodia and Laos frequently cross the border […]

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Vietnam Q2 GDP growth accelerates, but trade slows

VIETNAM on Thursday (Jun 29) reported faster economic growth in the second quarter, driven by the services sector, despite a slump in exports. Gross domestic product (GDP) in the second quarter grew 4.14 per cent from a year earlier, faster than the 3.28 per cent expansion seen in the first quarter, the General Statistics Office […]

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Vietnam mitigates global minimum tax issues for foreign investors

Vietnamese tax officials are looking at customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises. On June 27, the leadership of the General Department of Taxation (GDT) under the Ministry of Finance engaged in discussions regarding the allocation of resources to assist foreign-invested enterprises (FIEs) affected by the […]

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