by Teuvo Tuomi | Mar 4, 2024 | Philippines, Economy, News, Trade
The Philippines hopes to launch formal free trade agreement negotiations with the European Union (EU) “very soon,” Foreign Affairs Secretary Enrique Manalo says. The Southeast Asian nation has already been in preliminary talks with the 27-nation bloc. Now it aims to...
by Teuvo Tuomi | Mar 1, 2024 | Indonesia, Economy, News, Travel
Indonesian President Joko Widodo (Jokowi) says he will start working from the new national capital Nusantara in East Kalimantan in July this year. Meanwhile, the Indonesian government is targeting to commence government activities in the new capital on 17 August 2024,...
by Teuvo Tuomi | Feb 28, 2024 | Vietnam, Economy, Technology, Visions
Vietnam aims to become a pharmaceutical hub for high-value pharmaceutical production by 2050. This is one of the goals set out in the Master Plan for the healthcare network for the 2021-2030 period with a vision to 2050, which the Prime Minister has approved. Modern...
by Teuvo Tuomi | Feb 26, 2024 | Vietnam, Economy, Food & Drinks, News
Vietnam’s seafood exports rose by 64% year-on-year in January to nearly US$750 million. Exports to China tripled, the Vietnam Association of Seafood Exporters and Producers (VASEP) says and adds that China, including Hong Kong, is Vietnam’s second biggest...
by Teuvo Tuomi | Feb 22, 2024 | Cambodia, Economy, News
Cambodia’s Ministry of Economy and Finance predicts that the economy will grow by approximately 6.6% in 2024, despite external challenges like geopolitical tensions and a global economic slowdown. The projection is based on improvements in the non-garment sector...
by Teuvo Tuomi | Feb 21, 2024 | Cambodia, Economy, Lifestyle
For foreign investors interested in Cambodia, condominiums and apartments constructed after 2010 are available for foreign purchase under the strata-title scheme. Condos remain the most sought-after properties. Cambodia stands out as a competitive marketplace in the...
