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Investors Unhappy with Ho Chi Minh’s Infrastructure

Investors Unhappy with Ho Chi Minh’s Infrastructure

by Teuvo Tuomi | Sep 19, 2024 | Vietnam, Infrastructure, News, Trade, Transportation

Foreign investors are concerned about the logistics infrastructure in Ho Chi Minh City, including congestion near the airport, seaports and on expressways Tran Anh Duc, co-head of the city’s investment & trade working group, admits that foreign business...
Thailand’s Digital Wallet Handouts Will Start in September: Finance Minister

Thailand’s Digital Wallet Handouts Will Start in September: Finance Minister

by Teuvo Tuomi | Sep 19, 2024 | Thailand, Economy, News, Society

Thailand’s cabinet has approved the digital wallet scheme, under which 14.5 million vulnerable and disabled Thais will be the first to receive the 10,000 baht cash benefit. The money will be wired into their bank accounts between 25-30 September, Finance...
ASEAN Seeks Further Foreign Investment

ASEAN Seeks Further Foreign Investment

by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Business, Economy, Investment, News, Southeast Asia

ASEAN’s economic growth was 4.1% in 2023. This is expected to increase to 4.6% in 2024. Investment in ASEAN increased only by 0.3% from US$229 billion in 2022 to US$230 billion in 2023. Another important measure is that the value of trade in ASEAN products actually...
Climate Change Worries Falling in ASEAN: Survey

Climate Change Worries Falling in ASEAN: Survey

by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Climate, Lifestyle, News, Reports, Southeast Asia, Weather

In Southeast Asia, the proportion of those who see climate change as a serious and immediate threat has dropped to 42.5% in 2024, according to the latest Southeast Asia Climate Outlook Survey by the ISEAS – Yusof Ishak Institute. This is down from 49.4% in 2023, 45.8%...
ASEAN Free Trade Spurs Rapid Growth

ASEAN Free Trade Spurs Rapid Growth

by Teuvo Tuomi | Sep 17, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Trade

Trading among ASEAN countries has increased significantly since the ASEAN Free Trade Area was established in 1992. The value of inter-ASEAN trade reached US$759 billion in 2023, accounting for 21.5% of the total trade value by the member countries. Laos’ Minister of...
Rapidly Growing Hai Phong Keen to Collaborate with Finnish Businesses

Rapidly Growing Hai Phong Keen to Collaborate with Finnish Businesses

by Teuvo Tuomi | Sep 17, 2024 | News, Business, Finland, Sustainability, Trade, Vietnam

The Vietnamese Embassy in Finland, in cooperation with the Finland-Southeast Asia Business Association and the Hai Phong City People’s Committee, organized an event to promote investment, trade, and business connections in Helsinki on 9 September. The Vice President...
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