Minister of Planning and Investment Nguyen Chi Dung said that Vietnamese enterprises’ participation in the global value chain is very modest in both quantity and quality. Dao Thi Thu Huyen, from Canon Vietnam Co., Ltd., said that out of hundreds of suppliers for Canon Vietnam, only 20 are Vietnamese enterprises. This number has not increased […]
Read MoreShoppers duped by rogue traders on the internet can file an online civil lawsuit with the courts soon as part of the Digital Economy and Society (DES) Ministry’s efforts to tackle escalating e-commerce scams. The move comes after scores of online shoppers took to social media to complain they received products that were different than […]
Read MoreMANILA, Philippines — The government’s economic growth target this year remains achievable despite the surge in COVID infections due to the highly transmissible Omicron variant, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In his keynote address during the inaugural meeting and induction of the 2022 board of the Management Association of the […]
Read MoreThe World Bank says Cambodia’s economy will grow at more than twice the pace this year than its estimate of 2.2 percent growth in 2021. It says gross domestic product (GDP) will accelerate to 4.5 percent this year and reach 5.5 percent in 2023. That would still be lower than pre-Covid levels. Cambodia’s economy expanded […]
Read MoreWhile many industries are suffering during the Covid-19 pandemic, cold storage supply chains are heating up the logistics industry. In a cold storage system, the standard temperature is always below 2 degrees Celsius. A standard cold storage is divided into four warehouse systems (from 1 to 4) that operate fully automatically, with 14 robots and […]
Read MoreVietnam is in a better vaccine position to protect itself from imposing another lockdown. Vietnam’s economy is set to return to solid growth of 6.5% in 2022, although the spread of Omicron poses risks locally and globally. The growth rate would be in line with the Vietnamese Government’s target of 6.5-7% for this year, indicating […]
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Thailand
