by Teuvo Tuomi | May 29, 2024 | Economy, Business, Health, News, Vietnam
After record profits in 2023, Vietnam’s pharmaceutical industry is facing limitations in 2024 due to rising raw material costs and increased market competition. SSI Securities Corporation forecasts pharmaceutical profit growth of 8.4% in 2024, lower than the...
by Teuvo Tuomi | May 27, 2024 | ASEAN, Economy, News, Shipping, Southeast Asia, Trade
Almost a third of the vessels that were lost at sea last year were in the vicinity of the Philippines and other parts of Asia where high volumes of shipments pass through, according to global underwriter Allianz Global Corporate & Specialty (AGCS). The Safety and...
by Teuvo Tuomi | May 27, 2024 | Business, Economy, Infrastructure, Investment, News, Thailand, Tourism
In the first quarter of this year, major real estate conglomerates have invested over 56 billion baht into projects in Phuket, Pattaya, and Hua Hin. Prasert Taedullayasatit, president of the Thai Condominium Association, describes the status of the real estate...
by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade
Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
by Teuvo Tuomi | May 23, 2024 | Asia, Economy, Korea, News, South Korea, Visions
The Seoul Metropolitan Government has announced its plans to invest 250.6 billion won ($184.8 million) over five years to attract foreign talent and businesses and to help them adjust to the city. According to the city government, there are around 440,000 residents of...
by Teuvo Tuomi | May 21, 2024 | Business, Economy, News, Vietnam
Vietnam’s retail real estate market is thriving with occupancy rates above 90% in major shopping centers, according to a report from the Vietnam Association of Realtors (VARS). In 2022, it was estimated that total retail sales and consumer service revenue reached...
