Asean
Japanese investors view Vietnam as a more attractive
Japanese investors are viewing Vietnam as a more attractive investment destination, with higher growth potential for industrial development, particularly in the textile and components industries, the Ho Chi Minh office of the Japan External Trade Organisation (Jetro) said.
Managing director Yoshida Sakae yesterday said compared to Thailand, Vietnam is like a child while Thailand is an adult with decades of industrial development.
At present, there are roughly 1,000 Japanese companies in Vietnam and around 7,000-8,000 firms in Thailand, said Sakae.
He said the Vietnamese government had a clear direction to develop the country's industry. Some companies are constructing steel-blast furnaces and refineries in Vietnam as they are basic manufacturing. The government has set the target to make Vietnam an industrial country by 2020.
The advantages of investing in Vietnam are low labour cost and a larger market than Thailand as the country has a population of 68 million people. Hence, consumption in Vietnam is growing every year.
via Japanese investors turn focus on VN.
Myanmar
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.
By Karen Lee
Following the February 1 coup, Myanmar’s netizens became the latest to join the #MilkTeaAlliance, an online collective of pro-democracy youth across Asia.
(more…)Vietnam
Vietnam: Manufacturing to remain the key driver of growth
We expect robust exports, led by strong global demand for electronics, to continue to underpin solid economic growth over the remainder of this year with GDP forecast to rise close to 8%.
GDP growth was unchanged at 4.5% y/y in Q1. Manufacturing activity surged, while the recovery in service sector activity and construction continued albeit at a more subdued pace as some localised social distancing measures were reinstated.
Lao Cai (VNA) –The northern mountainous province of Lao Cai has built a strategy to popularise the Sa Pa- Fansipan tourism trademark till 2025 with a vision to 2030.
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Digital Revolution and Repression in Myanmar and Thailand
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