by Teuvo Tuomi | Oct 2, 2024 | Business, Finland, Investment, News, Vietnam
Finnish fund PYN Elite is heavily betting on Vietnamese banking stocks. The PYN Elite’s allocation to Vietnamese banks represents a strategic investment as local banks tend to have sector-specific rallies in cycles of a few years, the fund says. At the end of...
by Teuvo Tuomi | Sep 28, 2024 | Business, Banking, Economy, News, Thailand
Dr. Kirida Bhaopichitr from the Thailand Development Research Institute (TDRI) says that a policy rate cut by the end of this year could help to stimulate the Thai economy, which has not performed well this year. “As economic growth in Thailand is not picking up, a...
by Teuvo Tuomi | Sep 27, 2024 | ASEAN, Business, News, Thailand
Thailand fell three places from 2022 to 12th among Asia-Pacific nations in terms of ease of doing business, according to a survey by the Asia Securities Industry and Financial Markets Association (ASIFMA). Among the 13 economies ranked last year, Singapore was the...
by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Innovation, Investment, Technology, Vietnam
SpaceX is proposing to invest 5 USD billion in Vietnam for the company’s Starlink satellite service soon, the Southeast Asian country’s government says. The statement came after a meeting in New York between Vietnamese President To Lam and Tim Hughes,...
by Teuvo Tuomi | Sep 26, 2024 | China, Banking, Business, Economy, Investment, News
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the economy. The move is part of broad stimulus measures Beijing introduced this week to boost China’s...
by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Economy, Finland, News, Technology, Vietnam
Nokia and Vietnamese Viettel will jointly deploy 5G equipment for the first time across Vietnam later this year, the Finnish company confirms. The project will cover 22 provinces across the country and support Viettel’s strategy of advancing 5G infrastructure and...
