Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam. “In the coming years, particularly 2021 and 2022, I think we are going to see a big emphasis on supply,” John Campbell, Industrial Services, Savills Vietnam, told Việt Nam News. “This […]
Read MoreUNEVEN economic growth in Asia is likely to persist for some time, while it is uncertain if the current recovery in some Asian economies may be sustained. Such a scenario points to various vulnerabilities arising from record budget deficits, rising debt levels, geopolitical risks and uncontrollable virus infections. Malaysia’s economy may have posted a smaller […]
Read MoreThe Lao government has announced that additional bonds worth 3.2 trillion kip ($346 million) and $50 million will be available for trade on the Lao Securities Exchange (LSX) through the co-arrangers Lanexang Securities Public Company, BCEL-KT Securities Co Ltd, and Lao-China Securities Co Ltd. A news conference on the offering of the bonds took place […]
Read MoreBANGKOK (CNA) – Thailand’s central bank has the necessary policy tools to handle the strengthening of the baht, the Finance Minister said yesterday, as the currency hit its highest level in more than 10 months against the United States (US) dollar. The baht’s strength has been driven by foreign inflows, partly due to optimism over […]
Read MoreThe COVID-19 pandemic triggered a precipitous drop of 78 percent in passenger traffic at Cambodia’s three international airports during the first 10 months of 2020 compared with 2019 figures, said a senior executive of the Cambodia Airports. “It has been a challenging situation as our airports and air connectivity play a critical role in the […]
Read MoreThe race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said. At a recent meeting in HCM City, Truong Cong Thang, general director of VinCommerce Company, told partners that the retailer wanted to open nearly 10,000 stores and more than 300 Vinmart supermarkets in […]
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