WHEN it comes to the roll-out of next-generation 5G cellular technology, few regions in the world could be as excited as Southeast Asia, a region famed for intensive smartphone use. But this week’s dramatic escalation in the United States’ crackdown on Chinese telecoms giant Huawei has been a cold shower for those anticipating the mass-market […]
Read MoreCoordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products such docosahexaenoic acid (DHA), an omega-3 fatty acid, and animal feed. The Novel Algae-DHA Technology was developed by Japan’s Mobiol Corporation and Tsukuba University. Darmin said […]
Read MoreShipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million (7.36 billion baht), out of total US imports worth $208 billion […]
Read MoreThe Hanoitimes – As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness. Vietnam’s low labor cost appeal to foreign investors is facing decline due to a rapid rise in minimum wages […]
Read MoreThe Hanoitimes – In 2016, the average consumption of beer and liquor in Vietnam was 8.3 liters, much higher than the global average (about 6.5 liters in 2017) and the trend increasingly hiked, up by 90% over the past seven years and much higher than the global average, at 10%. The prices of beer and alcohol […]
Read MoreThe Hanoitimes – Vietnam lacks two million logistics workers, according to the Vietnam Logistics Research and Development Institute. Nearly 30,000 logistics businesses are operating in Vietnam, of which domestic businesses accounted for 89% but hold merely a 20% market share, meanwhile foreign-owned and joint venture peers accounted for 11% but take the upper hand with a […]
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