Outlet stores have been present in Hà Nội City since 2012 but their business was not so profitable because of low product diversity. HÀ NỘI — Experts believe outlet stores would provide an effective solution to the problem of lukewarm consumption demand as they encourage consumers to spend more on deeply-discounted products. Lê Việt Nga, deputy director of the Domestic […]
Read MoreThailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report. Thailand is the top durian exporter to China, with significant growth over the past five years. In 2022, Thailand’s total value of durian exports was 124 billion baht, […]
Read MoreA total of 481,582 international visitors flew into Cambodia in the first quarter of 2023, a 5.5-fold year-on-year increase from 86,976, but still 37.07 per cent of the 1,299,122 registered during the equivalent three-month period in 2019, according to the Ministry of Tourism. Air arrivals accounted for 37.29 per cent of the Kingdom’s 1,291,539 total […]
Read MoreSET-listed Asian Sea Corporation, a Thai frozen food producer, and its subsidiary Asian Alliance International (AAI) are ready to move their production base to Vietnam or the Philippines if the new coalition government raises the daily minimum wage to 450 baht. President and chief executive Somsak Amornrattanachaikul said the group is preparing to relocate its production […]
Read MoreThailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an ageing population, according to the World Bank. Government expenditure on pensions, healthcare, education and climate adaptation will need to increase and this must be achieved without constraining economic growth and keeping public debt under control, the bank […]
Read More[HO CHI MINH CITY] The slowing pace of inflation in Vietnam since January will give the country’s central bank further room to lower borrowing costs to support struggling businesses, said analysts on Monday (May 29). The State Bank of Vietnam (SBV) bank has already cut its key policy rates three times this year alone. The […]
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Thailand
