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Thailand: Company registrations continue to rise on EEC boost

Business registrations continued to increase in March, boosted by the government’s tourism promotion scheme and greater investment in the government’s flagship Eastern Economic Corridor (EEC).  Poonpong Naiyanapakorn, deputy director-general of the Business Development Department, said new business registrations rose by 2% year-on-year in March to 6,876.  The top three sectors for new business registration in March […]

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High productivity key for Vietnam to pursue inclusive growth

The Hanoitimes – Vietnam’s manufacturing labor productivity remains around a quarter of China’s and Malaysia’s, one third of Indonesia’s and the Philippines’, a half of India’s and Thailand’s, and just around 7% of Japan’s and South Korea’s. Boosting the growth of manufacturing productivity and innovation is key for Vietnam to avoid the middle-income trap and pursue […]

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