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Vietnam’s Economic Growth Fastest Since 2011

by Teuvo Tuomi | Dec 30, 2022 | Linkss, ASEAN, Economy, News, Southeast Asia, Vietnam

Vietnam’s economy grew by 8% this year. According to the General Statistics Office of Vietnam (GSO), this is the biggest rise since 2011. Manufacturing, construction, and processing were major economic drivers at 8.1%, contributing over 38% to the total GDP. The...
How to Say Happy Christmas in Asia

How to Say Happy Christmas in Asia

by Teuvo Tuomi | Dec 24, 2022 | Asia, Culture, Southeast Asia, Travel

There are many ways to say Happy Christmas in Asia. Here are some of them: Sung Tan Chuk Ha (Korean) Kurisumasu Omedeto (Japan) Kung His Hsin Nien bing Chu Shen Tan (Mandarin) Kung His Hsin Nien bing Chu Shen Tan (Taiwan) Gun Tso Sun Tan’Gung Haw Sun (Cantonese)...
Thailand Banks on Medical Tourism

Thailand Banks on Medical Tourism

by Teuvo Tuomi | Dec 14, 2022 | Thailand, ASEAN, Health, Lifestyle, News, Southeast Asia

The ministry has created a new “Health for Wealth” campaign, which is banking on people visiting Thailand for medical treatments. They believe that people seeking medical procedures and wellness activities can bring substantial economic stimulus to the country....
Salary Increases in SEA Modest Next Year

Salary Increases in SEA Modest Next Year

by Teuvo Tuomi | Dec 9, 2022 | ASEAN, Business, Economy, News, Southeast Asia

Salaries in Southeast Asia are expected to increase slightly for 2023 compared to 2022, a study by Aon plc says. Inflation has been playing a significant role in how salaries look across the region. But they have also been driven by supply and demand in the talent...
New Hope for the Better

New Hope for the Better

by Teuvo Tuomi | Nov 27, 2022 | Business, ASEAN, Southeast Asia, Vietnam, Visions

It’s been an unexpected and very peculiar year in Vietnam. In 2022 the stock market of Asia’s fastest-growing, most competitive, and the least-indebted country faced a total crash. In a year of excellent earnings growth, the Vietnam stock market has plummeted...
ASEAN Central Banks Are Pushing Digital Payments

ASEAN Central Banks Are Pushing Digital Payments

by Teuvo Tuomi | Nov 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia

At the G20 Summit in Bali, the central banks of Indonesia, Malaysia, the Philippines, Singapore, and Thailand entered a memorandum of understanding to start using QR codes for international payments between the five countries, without the need to use the US dollar....
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