Indonesian President Joko Widodo on September 3 ordered breakthroughs to accelerate the Fourth Industrial Revolution (Industry 4.0) roadmap in the country.
The reduction of working hours from 48 hours per week to 44 hours will create difficulties for textile and garments enterprises, according to one leading expert.
Vietnam has considered adding regulations of household business to the revised Law on Enterprises that is set to be submitted to the National Assembly for approval in October.
To penetrate into the European market, businesses should acquire a thorough understanding of regulations on protection and implementation of intellectual property rights.
Southeast Asian economies will likely face continued external headwinds in the remaining months of 2019 as the US-China trade tensions weigh on the region, according to Nikkei Asia Review of Japan.
The Government has adopted an intellectual property strategy setting goal to further improve Vietnam’s global innovation index (GII), Vietnam Government Portal (VGP) reported.
Vietnam’s major trading bourse Ho Chi Minh Stock Exchange (HoSE) has reported its pre-tax profit dropped by almost half year-on-year to 200 billion VND (8.6 million USD).
Officials of 16 Asia-Pacific countries have voiced their commitment to accelerating negotiations on the Regional Comprehensive Economic Partnership (RCEP) agreement with the hope of finalising it by November, according to a Thai official.
Thailand’s economy expanded at the slowest pace in almost five years in the second quarter of 2019 as exports and tourism deteriorated due to impacts from the US-China trade war and the strong baht.
Technology and science is key to coping with future natural disasters, it was agreed at a recent workshop in Hanoi organised by the Ministry of Agriculture and Rural Development and the Central Steering Committee for Natural Disaster Prevention and Control.
Singapore’s exports in July dropped for the fifth consecutive month, although the fall was slightly less severe than forecast, data from the trade agency Enterprise Singapore showed on August 16.
Boasting great potential of marine economy in terms of natural resources, transport, fisheries, tourism and coastal economic zones, Vietnam has set the target to become a powerful marine nation, which meets all standards on sustainable development of sea-based economy.
The Southeastern and Mekong Delta regions together have contributed up to 63.7 percent of the national gross domestic product (GDP), Deputy Minister of Planning and Investment Nguyen Van Trung said on August 14.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
A delegation of Hanoi led by Vice Secretary of the municipal Party Committee Dao Duc Toan paid working trips to Myanmar, Brunei and Indonesia from July 28 to August 8.
The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hanoi on August 9.
The central bank of the Philippines (BSP) on August 8 cut its benchmark interest rate and kept the door open for further easing to buttress the flagging economy.
The depreciation of the Chinese currency, the yuan, will affect the baht of Thailand and export values of the country for the rest of the year, which will force the Bank of Thailand (BoT) to come up with measures to manage the Thai currency, according to economists.
The Philippine Statistics Authority (PSA) reported on August 8 that the gross domestic product (GDP) growth slowed to 5.5 percent in the second quarter, its slowest pace in four years.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has highlighted the Association of the Southeast Asian Nations (ASEAN) as a strong and cohesive community in an article written on the occasion of the bloc’s 52nd founding anniversary (August 8).
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