Despite a fall in Chinese arrivals after the zero-dollar tour crackdown, Thai tourism authorities are convinced that the market will return. The tourism boom is expected to continue in 2017 and remain a major growth driver for the economy even as the industry sees falling Chinese arrivals in the first few months. The crackdown on […]
Read MoreConsumer prices rose at the fastest pace in 25 months in December, driven by fuel, food and non-alcoholic drinks. The Commerce Ministry said yesterday that the consumer price index, based on 450 products and services, rose for the ninth straight month in December, surging 1.13% year-on-year after increasing 0.6% year-on-year in November, 0.34% in October, […]
Read MoreThe Asean Economic Community (AEC) has just marked its one year anniversary after it officially came into effect on Dec 31, 2015 The open economy initiative among the 10 Asean members aims to create a single market and production base to improve their competitiveness. Similar to the establishment of the EU, it also seeks to […]
Read MoreHANOI — The Vietnamese manufacturing sector ended 2016 on a positive note, with the Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) coming second among the top three PMIs in ASEAN region. The Nikkei Vietnam Manufacturing PMI, a composite performance indicator of the manufacturing sector, posted 52.4 in December, down from November’s 54 but continuing to signal […]
Read MorePeople are investing their money in five main channels of stocks, gold, foreign currencies, property assets and savings but which of these offered the highest returns in 2016? Stocks: 14.8% Stocks, which were deemed risky and volatile assets, paid the highest returns last year. The benchmark VN-Index hit the eight-year peak at 692.17 points on […]
Read MoreHanoi — 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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Thailand
