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Sweden’s Gripen Triumphs in Thailand, Driving Nordic Impact in ASEAN Defence Market

Sweden’s Gripen Triumphs in Thailand, Driving Nordic Impact in ASEAN Defence Market

by Antti Rahikainen | Aug 13, 2025 | Editors Choice, Aviation, Exports, Imports, Investment, Sweden, Thailand, Trade

Saab Gripen E/F fighter jets soar over the iconic King and Queen Royal Pagodas in Doi Inthanon. (AI created) How Sweden’s Saab secured a strategic victory over US competitors, and what this means for Nordic companies in ASEAN While Nordic business circles are...
China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

by Teuvo Tuomi | Jan 14, 2025 | China, Exports, Imports, News, Trade, Vietnam

The China Railway Group reports a sharp increase in freight transport on the China-Vietnam cross-border railway last year, marking an annual increase of 1,153%. Monthly freight volumes hit record highs in March, April, July, October, and November. Initially focusing...
Thailand Starts Collecting VAT on Cheap Imported Goods

Thailand Starts Collecting VAT on Cheap Imported Goods

by Teuvo Tuomi | Jun 23, 2024 | Taxation, Imports, Manufacturing, News, Shipping, Thailand, Trade

Thailand’s Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht. The ruling is effective from 5 July until the end of the year, according to the Royal Gazette. The reason for collecting VAT...

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