by Teuvo Tuomi | Mar 27, 2024 | News, Business, Economy, Energy, Technology, Thailand, Vietnam
Vietnamese automaker VinFast plans to start selling its electric vehicles (EVs) in Thailand. It has already made deals with dealers to open showrooms in the country. VinFast faces stiff competition in Thailand from Chinese automakers like BYD and also Tesla, who are...
by Teuvo Tuomi | Mar 24, 2024 | Business, Economy, Laos, News
The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country. The decree still lacks specific details regarding the implementation...
by Teuvo Tuomi | Mar 22, 2024 | China, Business, Finland, Lifestyle, Technology
Online shopping in Finland shrank in 2023 for the second year in a row. However, buying from Chinese online stores is gaining popularity in the country, the Finnish Commerce Federation reports. “The rise of Shein and Temu can be seen in the growth of digital...
by Teuvo Tuomi | Mar 21, 2024 | Vietnam, Business, Lifestyle, Travel
The ancient city of Hoi An has been named “Asia’s Best Corporate Retreat Destination” at this year’s World MICE Awards ceremony in Germany. It beat Bali (Indonesia), Jaipur (India), Kyoto (Japan), Langkawi (Malaysia), Phuket (Thailand), and Siem Reap...
by Teuvo Tuomi | Mar 17, 2024 | Malaysia, ASEAN, Business, Indonesia, Philippines, Society, Southeast Asia, Thailand
The Philippines has the highest number of women in senior management positions in the world, 43%, according to a recent Grant Thornton survey. Filipino companies have consistently ranked near the top in the surveys, including second in 2023, fourth in 2022, and first...
by Teuvo Tuomi | Mar 14, 2024 | Business, Cambodia, Lifestyle, News, Society
Minister of Women’s Affairs Ing Kantha Phavi says Cambodia is one of the top countries in the world when it comes to women’s involvement in business ownership. Up to 70% of the Kingdom’s businesses are female-owned, according to the 2022 Economic Census. “We are...