by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Economy, News, Reports, Tourism, Travel, Vietnam
About 2,800 new units were launched in Vietnam’s resort real estate segment in the second quarter of 2024. This is an eight-fold increase from the first quarter but mostly concentrated in a few locations, the Vietnam Association of Realtors report. In the first...
by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Vietnam
The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023. GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office. S&P Global Ratings expects Vietnam’s GDP per capita to reach...
by Teuvo Tuomi | Jul 23, 2024 | ASEAN, Business, Crime, Entertainment, Lifestyle, News, Philippines, Southeast Asia
Philippine offshore gaming operators (POGOs) are officially banned in the Philippines, according to President Ferdinand “Bongbong” Marcos Jr. He has instructed the Philippine Amusement and Gaming Corporation to wind down and cease the operations of POGOs by the end of...
by Teuvo Tuomi | Jul 23, 2024 | ASEAN, Culture, Entertainment, Finland, Lifestyle, Vietnam
The Finnish fireworks team Pyro has reclaimed the championship of the 2024 Da Nang International Fireworks Festival (DIFF) after beating its Chinese rival in the final round in Da Nang. The Finnish team used about 10,000 firecrackers, double that of its Chinese...
by Teuvo Tuomi | Jul 22, 2024 | ASEAN, Business, Cambodia, Investment, News, Southeast Asia, Trade, Visions
The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s (NBC) Governor Chea Serey...
by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology
The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
