The export turnover of wood and wood products is expected to set a record high of 18 billion USD in 2023, with wood pellets and woodchips forecast to enter the one-billion USD club.
The profit growth of listed companies is forecast to cool down in 2023 but experts said there are still many positive factors to support the market in the near future.
Thailand is on course to overtake Vietnam as the world’s second biggest rice exporter this year, according to the Thai Rice Exporters Association (TREA).
The Thai Ministry of Finance has indicated that the Thai economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but said this year’s outlook should still be achieved.
Indonesia's annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country's central bank (BI) governor Perry Warjiyo told a parliamentary hearing.
The Vietnam Post Corporation launched a set of stamps featuring famous waterfalls in Vietnam on August 15, aiming to promote the country's scenic landscapes to the public.
There will be 8-10 storms and tropical depressions in the East Sea from now to February 2023, of which from three to five storms are likely to directly affect Vietnam’s mainland, according to the National Centre for Hydro-Meteorological Forecasting.
Vietnam saw a year-on-year increase of 17% in exports in the first six months, but it will be hard for overseas shipments to meet expectations in the last half of the year, according to the HSBC.
Philippine President Ferdinand Romualdez Marcos has said that he is mulling extending the nationwide state of public health emergency until the end of this year as the country continues to grapple with COVID-19.
The Vietnam Post Corporation launched a set of stamps featuring famous waterfalls in Vietnam on August 15, aiming to promote the country's scenic landscapes to the public.
Without the right policies, climate change could cause potential economic damage of up to 544 trillion rupiah (more than 36.6 billion USD) for Indonesia in the 2020 – 2024 period, according to the country’s Ministry of National Development Planning (Bappenas).
Finance Minister Zafrul Aziz has said Malaysia's inflation may reach around 11% if the government does not implement subsidies for essential items like fuel.
Asia and the Pacific’s next tech start-up “unicorn” may come from Vietnam, as the groundwork to build a strong ecosystem capable of supporting these businesses is well underway, according to a new report by the Asian Development Bank (ADB).
The current COVID-19 wave in Singapore may reach its peak at the end of this week or even sooner, in the next one or two days, The Strait Times said, citing medical experts.
Prime Minister Pham Minh Chinh chaired the 15th meeting of the National Steering Committee for COVID-19 Prevention and Control on July 5 amid the appearance of the BA.5 sub-variant of Omicron.
In Vietnam, the BA.2 sub-variant of Omicron with mild clinical symptoms is currently the dominant strain. However, there is now a risk that BA.5, a new sub-variant, will dominate the more ancient strains on the COVID-19 landscape in Vietnam.
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