Vietnam-Thailand to Boost Bilateral Trade
Bilateral trade to grow at 20 percent annually Dec. 4 – Vietnam and Thailand, both members of ASEAN, have agreed to boost bilateral trade and improve political and economic links, according to news reports issued by both countries. The two nations have long maintained strong strategic and diplomatic relations, however the new agreements provide better […]
China, India and Thailand Fastest Growing Markets for LDC Nations
Apr. 9 – World Trade Organization Director-General Pascal Lamy has stated that China, India and Thailand are the fastest growing markets for exports from the world’s least developed countries (LDC). “Three of the five fastest-growing markets for LDC exports are regional partners: China, India and Thailand,” Lamy said.
India Joins Project Nexus: Enhancing ASEAN Economic Ties
India’s role in Project Nexus enhances cross-border payments with ASEAN, improving transaction efficiency and strengthening regional economic ties.
Southeast Asia Manufacturing Tracker: Key Insights and Trends
Discover key insights and trends shaping Southeast Asia’s manufacturing sector in 2024. This tracker explores PMI values, workforce data, GDP contributions, and policy responses, highlighting the region’s growth opportunities and challenges.
Philippines Imposes New VAT Rate on Foreign Digital Services
Explore how the Philippines’ new 12% VAT on foreign digital services reshapes the market, affects consumers, and drives local industry growth.
Philippines Plans Stock Tax Reduction to Revive Capital Market
The Philippine government plans to drastically reduce the stock transaction tax from 0.6 percent to 0.1 percent, a move which aims to stimulate trading activity and attract more investors.
Australia Approves Renewable Energy Link to Singapore
Australia’s approval of a renewable energy link to Singapore can reshape Southeast Asia’s energy landscape and boost regional clean energy initiatives.
Vietnam’s Da Nang to Develop Free Trade Zone, Connect with Strategic Lien Chieu Port
Da Nang is set to boost its trade and investment by developing a new Free Trade Zone and constructing the strategic Lien Chieu Port.
Vietnam’s Data Center Market: A New Frontier for Global Investors
Vietnam’s data center market stands at the threshold of significant growth, driven by the country’s evolving digital landscape and the recent implementation of the revised Telecommunications Law.
ASEAN Labor Costs: Minimum Wage and Social Insurance Essentials
When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.