Vietnam Seeks $14 Billion Investment for National EV Charging Network
Hanoi—Vietnam requires a significant $14 billion investment to establish a nationwide network of electric vehicle (EV) charging stations, according to recent reports. The initiative is part of the government’s larger strategy to support the rapid adoption of EVs and reduce greenhouse gas emissions in alignment with its sustainability goals. With domestic and international automakers expanding […]
Thai Businesses Laud Progress but Demand Clear Economic Strategy
Bangkok—In a survey of Thailand’s business community, Prime Minister Paetongtarn Shinawatra’s administration received high marks for its achievements during its first 90 days in office. Industry leaders praised the government’s efforts to revive tourism, promote Thai cultural exports, and attract foreign investment into critical sectors such as electric vehicles (EVs) and semiconductors. However, this initial […]
Japanese Firms Show Strong Interest in Vietnam Expansion
Hanoi—A recent survey reveals that 56.1% of Japanese companies are planning to expand their operations in Vietnam, underscoring the country’s growing appeal as a key destination for foreign investment. Drivers of Interest Vietnam’s rapid economic growth, competitive labor market, and strategic location within Southeast Asia are among the primary reasons Japanese firms are targeting the […]
Vietnam’s Stock Market Gains Momentum with Manufacturing Growth
Hanoi—Vietnam’s stock market is poised for significant growth in 2025, driven by advancements in domestic manufacturing and strong government backing for industrial production. A recent report by a leading brokerage outlines the optimistic forecast, citing increased investments in manufacturing infrastructure and Vietnam’s growing integration into global supply chains as key factors. Manufacturing as a Growth […]
Thailand’s Strategic Dominance in Asia’s Branded Residence Market
Thailand has emerged as a formidable leader in Asia’s branded residence market, commanding a 23.3% share of a sector valued at US$266 billion. This significant position is underscored by an 11% year-on-year growth in 2024, with over 68,000 units sold, according to C9 Hotelworks, a Phuket-based hospitality and real estate consultancy. Urban Centers as Growth […]
Navigating Thailand’s Stock Market Amid Global and Domestic Shifts
The Stock Exchange of Thailand (SET) stands as a barometer of both domestic resilience and global economic tides. As of December 2024, the SET index hovers near 1,447 points, reflecting a mix of challenges and opportunities that define its performance. Recent Market MovementsIn November 2024, the SET index surged to 1,506 points before facing resistance […]
Vietnam’s Investment Support Fund: A Strategic Response to Global Tax Challenges
Vietnam has unveiled its Investment Support Fund (ISF) as a strategic initiative to maintain its competitive edge in attracting multinational corporations (MNCs) amid the implementation of the Global Minimum Tax (GMT) framework. This calculated move is set to bolster Vietnam’s appeal to foreign investors, particularly high-tech enterprises, ensuring its sustained prominence in the global investment […]
Thailand’s $10.5 Billion Semiconductor Bet: A Step Toward Global Tech Supremacy
Bangkok, December 11, 2024 – In an era where semiconductor technologies dictate the fate of industries and nations, Thailand has taken a decisive step to secure its place in the global supply chain. The Board of Investment (BOI) has approved a groundbreaking investment of 10.5 billion baht (approximately $290 million) by a subsidiary of Foxsemicon […]
Thai Stock Market to Face Stagnation in Early 2024, Experts Warn
The Thai stock market is expected to experience a period of stagnation in the first half of 2024, according to a forecast by CGS-CIMB Securities (Thailand). Economic uncertainties and external pressures are likely to hinder significant growth during this period, raising concerns among investors. The Key Factors Behind the PredictionCGS-CIMB analysts point to several factors […]
Vietnam: A Rising Star in Global Supply Chain Diversification
Hanoi, December 11, 2024 – Vietnam continues to gain traction as a key destination for supply chain diversification, according to the German Business Association (AHK). In a recent report, the AHK emphasized Vietnam’s growing appeal for companies seeking to mitigate risks and reduce dependence on traditional manufacturing hubs. A Strategic Location and Competitive AdvantageVietnam’s geographical […]