Vietnam’s Central Steering Committee for Natural Disaster Prevention and Control on Friday requested the aforementioned localities to make preparations for evacuation, rescue tasks and examine the operation of reservoirs, especially those of small hydropower plants. … [Read more...] about Vietnam’s central region forecast to experience medium to heavy rain
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Bangkok (VNA) – The Government of Thailand looks to restructure the economy next year to attract foreign investors to new industries and establish a central e-commerce platform to boost online sales nationwide, local media reported. Speaking at the 38th annual meeting of the Thai Chamber of Commerce on November 27, Deputy Prime Minister Supattanapong Punmeechaow said 2021 will be a transitional year for Thailand to take serious action in restructuring its economy. Though the Thai economy is expected to recover to growth of 3-4 percent in 2021 from contraction this year, it will still rely on domestic consumption, he said, noting that reforms are essential to facilitate economic recovery. He said a restructuring plan is expected by the first quarter of 2021, focusing on building up the local economy and attracting foreign direct investment, notably in new industries related to medical services, food, the circular economy, biofuel or clean energy, smart electronics and electric … [Read more...] about Thailand plans economic restructuring to attract foreign investment
Kerry Express files for an IPO in Thailand. In Vietnam, the firm is hiring more 2,000 employees, four warehouses, 110 distribution operations, and more than 300 professional trucks. Kerry Express is an Asia-based logistics network with a highly diversified business portfolio and the strongest coverage in Asia, including Vietnam. … [Read more...] about Kerry Express files for IPO in Thailand
Addressing the meeting, Minister Lich applauded the military region's achievements over the past years, adding that they should continue realizing higher levels' resolutions and directions on defense and military mission. They should also focus on building firm political stance for troops, improving the military region's combined strength, contributing to meeting all tasks' requirements in the current context. … [Read more...] about Military regions hold Party meetings
Free trade agreement: In June, Vietnam ratified a free trade agreement with the European Union (EVFTA), becoming the second Southeast Asian state to do so with the 27-country bloc. In mid-November, Hanoi played host to an ASEAN summit where the world’s largest trade pact the Regional Comprehensive Economic Partnership (RCEP) was signed and the country is a signatory. … [Read more...] about How Vietnam weathers global health crisis and rises?