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Industry to contribute 40% to Vietnam’s GDP by 2030

The Hanoitimes – The Poliburo recently issued Resolution 23-NQ/TW to develop the national industry until 2030, with vision to 2045, aiming to finalize the industrialization and modernization targets and become one of the top three countries in industry in ASEAN. According to the resolution, Vietnam’s industry will contribute 40 percent to the national GDP by 2030. […]

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Thai investors buoyed by CLMV investment climate

Following the strong economic growth in Asean, especially in CLMV countries (Cambodia, Laos, Vietnam, and Myanmar), Thai investors have expanded their regional investment by focusing on alternative energy, food and agriculture processing, tourism, and service business. According to a report by the Bank of Thailand, as of September 30, 2017 Thai investors showed outstanding direct […]

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Malaysia: The e-commerce boon

THE growth of e-commerce has certainly boosted the courier services industry. Reports note an increase in the number of items that are being delivered annually, not just in Malaysia, but globally. In its Courier and Express Delivery UK 2017 report, research firm Mintel noted a significant rise in delivery in the UK. “While the number […]

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Cambodia: Taxes target used car imports

The government is considering increasing taxes on used car imports, and encouraging auto companies to set up assembly plants in Cambodia. Kun Nhem, director-general of the General Department of Customs and Excise (GDCE), said at the Auto Show 2018 on Friday that higher taxes on used car imports would encourage more people to consider a […]

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