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Vietnam: VN among the world’s most optimistic countries on economic prosperity

Hanoi — Vietnam is ranked fifth in the list of the world’s most optimistic countries on economic prosperity in 2017, according to a survey by WIN/Gallup, the world’s leading association in market research and polling. WIN/Gallup International published its 40th End of Year Survey exploring outlook, expectations, views and beliefs of 66,541 people from 66 countries across […]

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Indonesia: Indonesia foreign tourist arrivals jump in November

JAKARTA – Indonesia attracted 855,545 foreign tourists in November, up 18.32% from a year earlier, the statistics bureau said on Tuesday. That compares with October’s growth pace of 15.62%. The total number of visitors in November, including those passing through Indonesia’s borders from neighbouring countries and foreign workers with permits for less than one year, […]

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Vietnam: Vietnam Airlines shares soar 40% on debut

HANOI – Shares of Vietnam Airlines surged 40% on their stock market debut on Tuesday, valuing the firm at $2.1 billion, as investors sought exposure to the flagship carrier to tap into strong air travel growth in the Southeast Asian nation. A strong stock market showing could prove beneficial to the Vietnamese government’s stake divestment […]

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Thailand: Thailand 4.0: Are we ready?

Officials, analysts express doubts that the overarching ambition to escape from the middle-income trap through high technology will be achieved any time soon. By Apornrath Phoonphongphiphat The government has launched a new flagship policy that will be the master plan to free Thailand from the middle-income trap, making it a high-income nation in five years. […]

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Thailand: Kasikornbank: Baht 0.5% stronger in 2016

The baht strengthened by 0.5% in 2016 to between 34.50 and 36.40 baht to the dollar, according to the research unit of Kasikornbank. The local currency appreciated in the first quarter of 2016 when it remained unclear when the Federal Reserve raise its policy interest rate but had since eased as the trend became clearer. The local […]

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