by Teuvo Tuomi | Nov 29, 2023 | Vietnam, Business, Economy, News
The revised Law on Real Estate Trading was passed on Tuesday with over 94% of the vote and is expected to come into force on 1 January 2025. The law will allow Vietnamese nationals “who live abroad and have entry permits to the country” to do business in...
by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Education, Finland, News, Southeast Asia
European countries continue to dominate the Global Talent Competitiveness Index (GTCI) rankings, taking 17 of the top 25 positions. Switzerland retains its first-place position for the tenth consecutive year, followed by Singapore. Once again, Nordic countries are...
by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Indonesia, News
Multilateral talks in the United States on the Indo-Pacific Economic Framework (IPEF) have failed to produce an agreement on trade. Experts see this as a setback for Asians to gain greater access to the US market for products, including critical minerals. Coordinating...
by Teuvo Tuomi | Nov 3, 2023 | Business, Economy, Thailand
Thailand’s Land Bridge megaproject will forge a new link between the Pacific and Indian oceans, relieving shipping congestion in the Malacca Straits. It is expected to become a key link in the China-led Belt and Road project, requiring over 1 trillion baht in...
by Teuvo Tuomi | Oct 7, 2023 | Economy, Indonesia, News, Technology
The World Bank praises Indonesia over recent legal changes encouraging investment in the country. At the same time, it says Jakarta has not done enough to reform trade policies that are hurting the manufacturing sector. World Bank chief economist for the East Asia and...
by Teuvo Tuomi | Sep 4, 2023 | ASEAN, Digitalization, Economy, News
ASEAN has started talks on a new framework that could unlock a potential US$2 trillion (S$2.7 trillion) in its digital economy by 2030. The bloc has launched negotiations on the ASEAN Digital Economy Framework Agreement (Defa), which will facilitate more seamless...