In response to the exodus of tech companies from China in 2020, Vietnam set up a special working group to entice high-tech investments by providing customized incentives above and beyond what was required by law. Read the rest of Moving up the global value chain: how Vietnam outpaced Thailand on Thailand Business News
Official Launching of the Cross-border QR Payment Linkage between Viet Nam and Thailand Read the rest of QR Payment between Viet Nam and Thailand officially launched on Thailand Business News
Indonesia appears to be leading the charge. In recent months five giant solar power-export projects have been proposed in the country. Read the rest of Could emerging markets become world leaders in solar power exports? on Thailand Business News
The strategy also sets five sectors of strategic importance to industrial development as priority industries, namely the bio-circular-green (BCG) sector, the EV supply chain, electronics manufacturing, the digital economy, and creative industries. Read the rest of Thailand BOI Announces New Incentives for Investor Retention, Relocation and Hydrogen Vehicles on Thailand Business News
APEC’s 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration. Read the rest of APEC Summit to start in Bangkok from November 14 on Thailand Business News
Heading into the traditional high season of October to March, Thailand’s full year target for 2022 is 7-10 million visitor arrivals.
Thailand looks trapped as a middle-income country, unable to get rich, and stuck between a younger, dynamic Vietnam and larger Indonesia Read the rest of Why is Thailand’s economy stuck in the middle-income trap? on Thailand Business News
The state welfare campaign for this year has seen 21.45 million applicants. The FPO says these rather high applications are a result of pandemic-driven economic impacts. Read the rest of Finance Ministry economic projections target 3.0 to 3.5% GDP growth on Thailand Business News
