Vietnam grows on strong footing: German newspaper

Vietnam grows on strong footing: German newspaper

Vietnam has seen strong growth in two years of COVID-19 and an increase in foreign direct investment (FDI), according to an article on the Southeast Asian nation’s development freshly published on Germany’s Junge Welt newspaper.
Vietnam to clarify stance on US’ Indo-Pacific agenda

Vietnam to clarify stance on US’ Indo-Pacific agenda

Vietnam will soon decide on whether it will officially engage in the United States’ fresh economic cooperation framework which is hoped to help increase both economies’ investment and trade ties.
Laos concerned about new wave of COVID-19

Laos concerned about new wave of COVID-19

Lao health authorities are concerned about a new wave of COVID-19 after 86 new cases were recorded on July 27 alone, 70 of which were in the capital Vientiane.
Thai electronic exports forecast to grow 4.1pc in 2022

Thai electronic exports forecast to grow 4.1pc in 2022

The Siam Commercial Bank (SCB) projects exports of Thai electronic products will rise by a modest 4.1pc this year from 4.22 billion USD earned in 2021.
Indonesia recognising expansion potential

Indonesia recognising expansion potential

Vietnam and Indonesia are working together to increase their business ties amid their pursuit of a strategy for accelerating economic recovery, with both sides expected to venture into new opportunities.
Biden presses Congress to pass $52 bln semiconductor subsidies

Biden presses Congress to pass $52 bln semiconductor subsidies

President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing for the vital component.
Bangkok braces for sixth wave of COVID-19 outbreaks

Bangkok braces for sixth wave of COVID-19 outbreaks

Bangkok Metropolitan Administration (BMA) says it is ready to cope with another wave of COVID-19 pandemic as the city could face tens of thousands of patients by the time it peaks in late August.
Indonesia, RoK to enhance cooperation in different fields

Indonesia, RoK to enhance cooperation in different fields

President of the Republic of Korea (RoK) Yoon Suk-yeol will hold a summit with his Indonesian counterpart Joko Widodo in Seoul this week and discuss cooperation in defence, infrastructure and other areas, Korean National Security Adviser Kim Sung-han said on July 25.
Indonesia eyes foreign loans to support electricity projects

Indonesia eyes foreign loans to support electricity projects

Indonesia’s State Electricity Company PLN has said that it will mobilise funding from foreign resources, given that it needs an investment of around 72 trillion ringgit (4.7 billion USD) per year until 2030 in order to support electricity projects.
Climate change drives Europe towards record fire year

Climate change drives Europe towards record fire year

The fires that have torched through Europe are on course to make 2022 a record year for forest loss on the continent, as scientists warn climate change is already contributing to ever fiercer blazes.
Putin and Saudi crown prince talk oil

Putin and Saudi crown prince talk oil

Putin and Prince Mohammed discussed "in detail the situation on the international oil market. They stressed the importance of reinforcing cooperation in OPEC+," the Kremlin said in a statement.
Indonesia targets creating 4.4 million jobs in creative economy sector

Indonesia targets creating 4.4 million jobs in creative economy sector

Indonesian Tourism and Creative Economy Minister Sandiaga Uno has targeted the creative economy sector to absorb 4.4 million domestic workers by 2024.
Russia fines Google $360 mn over Ukraine content

Russia fines Google $360 mn over Ukraine content

A Moscow court has fined Google 21 billion rubles ($360 million) for failing to remove content concerning Russia's military intervention in Ukraine, the nation's telecommunications regulator said Monday.
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