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...
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...
by Teuvo Tuomi | Sep 3, 2024 | Laos, Business, Innovation, News, Trade, Vietnam
Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the cross-border micropayment system will allow Vietnamese consumers to pay in Laos using QR codes. The Vietnam-Laos...
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...
by Teuvo Tuomi | Aug 25, 2024 | Cambodia, Economy, News, Thailand, Trade
Cambodia and Thailand aim to push bilateral trade to 15 USD billion by 2025, according to a senior official of Thailand’s Ministry of Commerce. Data from the Thai commerce ministry shows that in the first half of 2024, two-way trade between Cambodia and Thailand was...
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...
