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New Asean network to build logistics infrastructure

SINGAPORE logistics firm YCH Group is joining forces with VIetnam’s T&T Group  to lead the first project of the Asean Smart Logistics Network (ASLN). The ASLN is a new collaborative platform with a shared goal of smart and sustainable growth based on smart logistics infrastructure. Its aim is to support the Asean Connectivity Master Plan […]

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Vietnam e-commerce expected to see boom

Despite Covid-19, online shopping in Vietnam has been growing steadily. Analysts believe that online sales will soar in the last months of the year. Reports show that even in the months with lowest growth rates, e-commerce turnover in Vietnam in 2020 was still higher than last year. Meanwhile, e-commerce platforms are expecting to see a […]

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Thai Q3 GDP shrinks 6.4% on-year, less than expected

BANGKOK: Thailand’s economy contracted less than expected in the third quarter, a sharp recovery from the prior quarter as domestic activity rebounded after coronavirus curbs were eased, leading the government to raise growth estimates for this year. Southeast Asia’s second-largest economy shrank 6.4% in July-September from a year earlier, official data from the state planning […]

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Thailand: Tourism ministry, hoteliers to brainstorm ideas

The Tourism and Sports Ministry has called for a meeting with the country’s leading hotel executives to seek recovery solutions as it is planning a two-year revival plan dubbed “Thailand Tourism Year”. Phiphat Ratchakitprakarn, the tourism and sports minister, said the hospitality industry has been crippled by the pandemic. The ministry arranged a brainstorming session […]

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