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Vietnam’s economic recovery gaining momentum

Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. […]

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Thailand: Warehouses thrive as e-commerce booms

With an improving pandemic outlook, the logistics and warehouse sector is continuing to grow, mainly attributed to robust e-commerce business and rising demand from the electronics and automotive industries following the country’s reopening. Thanapol Sirithanachai, country chief executive of Frasers Property (Thailand) Plc (FPT), said electronics and automotive businesses were adding factory space to serve […]

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Laos Sees Over 2,000 Visitors After Full Reopening

Laos has recorded more than 2,000 arrivals at land borders and Wattay International Airport following the country’s 9 May reopening. Dr. Kikeo Khaykhamphithoune, Deputy Prime Minister and Head of the National Taskforce for Covid-19 Prevention and Control, inspected the Lao-Thai Friendship Bridge and the airport in Vientiane Capital on Friday, according to Lao National Radio. During his […]

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93% Cambodia workers in informal sector: ADB

The International Labour Organization (ILO) estimates that as many as 93% of those who are employed in Cambodia are part of the informal economy, while the share in Myanmar and Indonesia, two other Southeast Asian countries, is as high as 85%. According to a recent report by the Asian Development Bank (ADB), other estimates point […]

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