Amidst the dynamically evolving global manufacturing landscape, Vietnam is emerging as a crucial investment destination, offering foreign investors a highly advantageous environment to thrive in. Photo: Workers leaving the City Bien Hoa industrial park in the evening hours Vietnam's status as a rising manufacturing powerhouse is reinforced by the constant flow of Foreign Direct Investment (FDI). This is evident in the impressive 7.7% year-on-year increase in foreign capital, which now stands at around USD 20.21 billion as of September 2023[1]. Photo: Cat Lai Port is the nearest port to...

According to the news and data of the Ministry of Planning and Investment of the Social Republic of Vietnam, as of September 20, 2023, the total newly registered, adjusted, and contributed capital for the purchase of shares and contributed capital by foreign investors has reached approximately USD20.21 billion, reflecting a 7.7% year-on-year increase. The capital generated by FDI projects is estimated at 15.91 billion USD, marking a 2.2% increase compared to the same period in 2022. Cumulatively, by September 20, 2023, the entire country boasts 38,379 valid projects with a total registered...

Thailand has emerged as a highly attractive destination for industrial investment in 2023. With strong economic fundamentals, a favorable business environment, and key advantages for manufacturers and logistic companies, Thailand stands out as a clear leader in Southeast Asia. Solid Economic Growth and Investment Environment Thailand's economy is projected to expand by 3.9% in 2023 according to the World Bank, driven by recovering tourism, robust private consumption and government infrastructure projects. Tourism arrivals are forecast to reach 28.5 million, 84% of 2019 levels. This steady...

With a major Japanese cluster and zones for Chinese, Korean and European companies, entrepreneur Vikrom Kromadit’s fast-growing network of eco-industrial parks in Thailand, Vietnam and Laos offers unique entry points to a vast consumer market Smart city in the making: Amata’s flagship Chonburi industrial park with country club and golf course in the foreground. When Yoji Okumura, President of Japanese construction giant Fujita Corp., was offered the chance to build a luxury hotel inside an industrial park in eastern Thailand, he recognized a rare opportunity. For starters, the location...

During 14-16 September 2022, the only International Exhibition and Conference on Water and Wastewater Technology, took place at Queen Sirikit National Convention Center in Bangkok, in partnership with the ASEAN Sustainable Energy Week on renewable energy, energy efficiency and environment and EV technology. This international conference and exhibition on water attracts more than 13,000 visitors and brings together companies and solution providers from 25 countries and over 50 experts to discuss the future of water and wastewater technologies. The Thailand government is promoting factories...

Thailand is a preferred investment destination for many foreign corporations because of the country’s ideal position at the heart of the Association of Southeast Asian Nations, or ASEAN, where it has become a hub for a broad variety of activities, supported by a number of tax and trade incentives across the ten-member country bloc. Founded in 1967, the Association of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.   (image: ASEAN members) Additionally, Thailand’s government has removed administrative...

Located at the heart of a vibrant region, Thailand remains a superb choice for continued foreign investment. Strong fundamentals, supportive economic policies, natural assets and the country’s location in the center of the ten-member bloc of the Association of Southeast Asian Nations, or ASEAN, are the major advantages. Given that the world economy is entering a recovery from the unprecedented coronavirus crisis, savvy investors looking for a regional powerhouse that can also serve as a hub for the entire region and beyond should look no further than Thailand. The country with its 70-million...