by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Economy, News, Reports, Tourism, Travel, Vietnam
About 2,800 new units were launched in Vietnam’s resort real estate segment in the second quarter of 2024. This is an eight-fold increase from the first quarter but mostly concentrated in a few locations, the Vietnam Association of Realtors report. In the first...
by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Vietnam
The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023. GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office. S&P Global Ratings expects Vietnam’s GDP per capita to reach...
by Teuvo Tuomi | Jul 23, 2024 | ASEAN, Culture, Entertainment, Finland, Lifestyle, Vietnam
The Finnish fireworks team Pyro has reclaimed the championship of the 2024 Da Nang International Fireworks Festival (DIFF) after beating its Chinese rival in the final round in Da Nang. The Finnish team used about 10,000 firecrackers, double that of its Chinese...
by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam
Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
by Teuvo Tuomi | Jul 19, 2024 | ASEAN, Business, Education, News, Philippines, Vietnam
The Philippines will hit its growth target this year amid easing inflation and expectations of interest rate cuts, according to the latest outlook of the Asian Development Bank (ADB). “Asian Development Outlook” expects the country’s gross domestic product (GDP)...
by Teuvo Tuomi | Jul 18, 2024 | ASEAN, Laos, News, Southeast Asia, Tourism, Travel, Vietnam
Laotian Ministry of Public Works and Transportation and VietJet Airline will enhance air transportation between Laos and Vietnam. The collaboration is expected to create up to 2,500 new jobs in the aviation sector. VietJet is set to collaborate with the Department of...
