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Harley-Davidson to Move Some Production to Thailand

Harley-Davidson to Move Some Production to Thailand

by Teuvo Tuomi | Aug 29, 2024 | Business, Investment, News, Thailand, Trade

US motorcycle icon Harley-Davidson will move the production of three models to Thailand starting 2025. This decision that has caused concern among American customers and workers. The company says the Pan America, Sportster S, and Nightster models will be produced at...
Vietnam’s Data Centers Open to Foreign Investors

Vietnam’s Data Centers Open to Foreign Investors

by Teuvo Tuomi | Aug 18, 2024 | Vietnam, Investment, News

Vietnam’s cloud and data center industries are now open to 100% foreign ownership through the implementation of the revised Telecommunications Law. The new law, which came into force in July 2024, does not restrict foreign investment in providing digital services,...
Hai Phong Remains Vietnam’s FDI Magnet

Hai Phong Remains Vietnam’s FDI Magnet

by Teuvo Tuomi | Aug 15, 2024 | News, Business, Investment, Trade, Vietnam

The northern port city of Hai Phong has been a foreign investment magnet, hosting 967 foreign direct investment (FDI) projects underway worth US$30.65 billion. At a recent investment promotion conference in China’s Shenzhen city, Hai Phong granted investment...
Thai Gold Market Surges 22% in Second Quarter

Thai Gold Market Surges 22% in Second Quarter

by Teuvo Tuomi | Aug 14, 2024 | Thailand, ASEAN, Investment, News, Southeast Asia

According to the report by the World Gold Council, Thailand’s gold bar and coin investment surged 22% year-on-year in the second quarter, reflecting ongoing weakness in the baht. Meanwhile, consumer gold demand across Southeast Asia grew by 20% year-on-year....
China Accelerates Investment in Vietnam

China Accelerates Investment in Vietnam

by Teuvo Tuomi | Aug 13, 2024 | China, Economy, Investment, Trade, Vietnam

In Vietnam, more than 11 billion USD in foreign investment (FDI) was registered during the first five months of 2024, up 2% year on year, reported the Foreign Investment Agency (FIA). According to FIA, Singapore tops foreign investors in Vietnam during the period,...
Hyundai to Invest One Billion in EVs in Thailand

Hyundai to Invest One Billion in EVs in Thailand

by Teuvo Tuomi | Aug 7, 2024 | Thailand, Digitalization, Investment, Korea, Technology

South Korean car giant Hyundai Motor will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, according to the country’s Board of Investment (BOI). Thailand’s booming EV sector is...
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