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Thailand approves measures to boost domestic tourism amid plunging foreign arrivals

Thailand approves measures to boost domestic tourism amid plunging foreign arrivals

Thailand's cabinet has approved new incentives to boost domestic tourism, a finance ministry official said on Tuesday, as the government tries to revive a sluggish economy.
Fruit, vegetable exports reach record high at $1.3B in September

Fruit, vegetable exports reach record high at $1.3B in September

US imposes 20% reciprocal tariff on Vietnam: trade ministry

US imposes 20% reciprocal tariff on Vietnam: trade ministry

Thai economy slows in May on weaker tourism, production, central bank says

Thai economy slows in May on weaker tourism, production, central bank says

Thailand's economy in May softened from the previous month following a slowdown in the tourism sector and a decline in manufacturing production, which offset the surge in exports, the central bank said on Monday.
June 30, 2025 | 09:34 pm PT
Asia's most loved country defends visa-free extension for Chinese tourists

Asia's most loved country defends visa-free extension for Chinese tourists

Malaysia's Tourism, Arts, and Culture Minister Tiong King Sing has defended the extension of its visa-free policy for Chinese tourists, emphasizing its role in boosting tourism and driving economic growth.
May 7, 2025 | 06:24 pm PT
Ho Chi Minh City targets per capita income of $7,850 this year

Ho Chi Minh City targets per capita income of $7,850 this year

Ho Chi Minh City targets increasing its per capita income by 3.7% in 2025 to VND204.3 million, equivalent to over US$7,850 at current exchange rates.
May 1, 2025 | 11:00 pm PT
Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

The Center for Economic and Business Research (CEBR), in its report “World Economic League Table 2022”, forecasts that Vietnam will become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.
May 1, 2025 | 02:00 am PT
Consumers' belt tightening hits businesses

Consumers' belt tightening hits businesses

Dang Hoang of HCMC has been cutting back on discretionary purchases like dining out, coffee and branded clothing since the beginning of this year.
July 18, 2024 | 03:28 pm PT
Big firms lack money, small ones lack orders: finance minister

Big firms lack money, small ones lack orders: finance minister

Many businesses are struggling, with large ones lacking money to expand and small ones struggling to secure orders, Minister of Finance Ho Duc Phoc has said.
July 15, 2024 | 10:52 pm PT
Trade surplus hits $8.4B in four months

Trade surplus hits $8.4B in four months

Vietnam's import-export revenue reached $238.88 billion in the first four months of this year, with trade surplus reaching $8.4 billion, higher than the $7.66 billion recorded in the same period last year.
April 30, 2024 | 06:28 pm PT
Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to people of Indonesian descent to entice more skilled workers into the country, a senior cabinet minister said on Tuesday.
April 30, 2024 | 03:04 pm PT
Malaysia sees increased number of young millionaires

Malaysia sees increased number of young millionaires

The number of young millionaires in Malaysia is on the rise, with a 75% increase in millionaires aged 30 and under recorded in 2022.
April 22, 2024 | 03:25 pm PT
Malaysia plans Southeast Asia's largest integrated circuit design park

Malaysia plans Southeast Asia's largest integrated circuit design park

Malaysia plans to build Southeast Asia's largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and investors, the government said on Monday.
April 22, 2024 | 03:24 pm PT
China's Q1 GDP grows 5.3% year-on-year, well above forecast

China's Q1 GDP grows 5.3% year-on-year, well above forecast

China's economy grew 5.3% in the first quarter year-on-year, official data showed on Tuesday, comfortably beating analysts' expectations, a welcome sign for policymakers as they try to shore up demand and confidence in the face of a protracted property crisis.
April 15, 2024 | 06:43 pm PT
European businesses' confidence in Vietnam hits two-year high

European businesses' confidence in Vietnam hits two-year high

The European Chamber of Commerce Vietnam (EuroCham) on Monday released the Business Confidence Index (BCI) for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.
April 8, 2024 | 07:06 am PT
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