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NEWS TAGGED ASEAN
Wednesday 6 January 2021
Vietnam offers low labor cost
Vietnam is one of three ASEAN countries with the lowest labor costs, based on the current minimum wage of US$132~190 per month, according to Viet Dragon Securities Company (VDSC).
Tuesday 5 January 2021
Pegatron acquires land for new plant in Vietnam
Pegatron has bought a piece of land in Vietnam for about VND528.92 billion (US$22.9 million) to build a new plant, which will be ready for production later in 2021, according to industry...
Tuesday 5 January 2021
Over half of foreign firms in Vietnam report losses in 2019
Almost 55% of foreign-invested enterprises in Vietnam posted losses totaling VND131.4 trillion (US$5.7 billion) in 2019, according to information released by the country's Ministry...
Thursday 31 December 2020
Vietnam aspires to become industrialized country in 10 years
Vietnam is looking to become an industrialized country in the next 10 years, after failing to achieve it in 2020 as it had previously vowed.
Wednesday 30 December 2020
Top-50 Vietnam brands see value rise 28% in 2020
Total value of Vietnam's top-50 most valuable brands has gone up 28% this year, growing from US$18.8 billion in 2019 to US$26.1 billion in 2020, according to Brand Finance.
Thursday 24 December 2020
81 million jobs lost in Asia-Pacific amid COVID-19, says ILO
The coronavirus pandemic has taken a heavy toll on the job market in the Asia-Pacific region, with an estimated 81 million jobs lost in 2020, according to a new report from the Intenational...
Thursday 24 December 2020
Understanding what customers really need: Q&A with AImazing founder Jun Ting
AImazing, founded in 2015, was groomed by Taiwan-based accelerator AppWorks. AImazing, which set up its headuqarters in Singapore and R&D base in Taiwan in 2017, was about to...
Wednesday 23 December 2020
Zoom to expand presence in Singapore
Zoom Video Communications has announced that it will expand its presence in Singapore by opening a new research and development center.
Tuesday 22 December 2020
Vietnam handsets and related components output value totals US$46.9 billion
The output value of Vietnam's handset and related component industry came to US$46.9 billion in the first 11 months of 2020, accounting for 18.4% of the country's total export value...
Monday 21 December 2020
Bright outlook for Vietnam in 2021
Although manufacturers may feel less compelled than before to relocate their production out of China, now that Donald Trump is leaving the White House, they will carry on with their...
Thursday 17 December 2020
Thailand smartphone sales drop in 3Q20
Smartphone sales in Thailand fell 7.6% annually to 4.7 million units in the third quarter of 2020, according to Gartner, in line with global concerns over resurging COVID-19 that...
Tuesday 15 December 2020
Taiwan auto PCB makers gearing up for EV market in Thailand
Thailand is emerging as a new outlet for automotive PCBs, particularly those for electrical vehicles (EVs), prompting Taiwan-based PCB makers including Apex International, Chin-Poon...
Tuesday 15 December 2020
Taiwan supply chain players have mixed attitudes on capacity relocation
Taiwanese companies in the upstream supply chain are having mixed attitudes about relocating their capacities to Southeast Asian countries such as Vietnam, India and Thailand, amid...
Tuesday 15 December 2020
Advantech to develop smart mangaement system for Vietnam-based e-bus operator
Industrial computing solution provider Advantech has disclosed its Vietnam-based subsidiary has signed an agreement with VinBus Ecology Transport Services, an electric bus service...
Friday 11 December 2020
Vietnam sees FinTech boom
The number of FinTech startups in Vietnam has almost tripled from 44 to 121 between 2017 and 2020, with 31% of them operating in payments, according to a report released by Fintech...