Thailand’s investment pledges hike in 2021

The Thailand Board of Investment (BOI) has announced that the combined value of foreign and local applications for investment promotion in 2021 totaled 642.7 billion baht (19.5 billion USD), up 59 percent annually, boosted mainly by FDI in Bio-Circular-Green (BCG) industries as well as the continued buildup of the power generation sector.
Thailand’s investment pledges hike in 2021 ảnh 1Illustrative image (Photo: Reuters)

Bangkok (VNA) - The Thailand Board ofInvestment (BOI) has announced that the combined value of foreign and localapplications for investment promotion in 2021 totaled 642.7 billion baht (19.5 billion USD), up 59 percent annually, boosted mainly by FDI inBio-Circular-Green (BCG) industries as well as the continued buildup of thepower generation sector.

Electricity and electronics once again toppedthe list of target sectors which attracted the most applications with 104.5 billion baht in value, reflecting a soaring demand forelectronics devices and parts, followed by the medical sector with 62.2 billion baht, petrochemicals and chemicals with 48.4 billion baht, agriculture and food processing with 47.7 billion baht, and automotive and parts with 24.6 billion baht. Overall, the 12 target sectors attracted acombined value of 340.5 billion baht, representing 53 percent of the total pledges.

The fastest-growing sector was digital whichsaw the value of applications soar almost nine-fold to 14 billion baht in 2021, from a modest 1.61 billion baht a year earlier, said BOI Secretary General Duangjai Asawachintachit.

Japan once again topped the list of FDI sourcecountries with a combined investment value of 80.7 billion baht for 178 projects, followed by China with 38.6 billion baht in investment pledges for 112 projects, and Singapore with 29.7 billion baht for 96 projects. The top three sectors forFDI applications were electrics and electronics, petrochemicals and chemicals,and the medical cluster./. 

VNA

See more

Illustrative image (Photo: Internet)

Lao, Cambodian Parties vow to tighten ties

The 15th high-level meeting between the Lao People’s Revolutionary Party (LPRP) and the Cambodian People’s Party (CPP) took place in Vientiane, Laos on February 7.

Chinese President Xi Jinping meets with Prime Minister of Thailand Paetongtarn Shinawatra, who is on an official visit to China, at the Great Hall of the People in Beijing on February 6, 2025. (Photo: Xinhua)

Thailand, China strengthen bilateral ties

Thai Prime Minister Paetongtarn affirmed Thailand's commitment to deepening law enforcement cooperation with China and its neighbouring countries, pledging strong and decisive actions to combat cross-border crimes, including online gambling and telecom fraud.

Cambodian Senate President Samdech Techo Hun Sen begins visit to Laos. (Photo: cpp.org.kh)

Lao, Cambodian legislative bodies enhance collaboration

The two sides appreciated the strong and close collaboration between Laos and Cambodia as well as their legislative bodies, reflected through the implementation of the contents of the Memorandum of Understanding on cooperation between the two legislatures, such as all-level delegation exchanges, and experience sharing.

Chinese President Xi Jinping (right) and Brunei's Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah at their meeting in Beijing, China, on February 6, 2025. (Photo: Xinhua/VNA)

Brunei, China step up cooperation across multiple fields

Xi Jinping said China is ready to strengthen strategic connectivity with Brunei, encourage more Chinese enterprises to invest and start business in the country, and support Brunei in diversifying its economy and developing its digital economy, artificial intelligence, and new energy industries.

An office worker in Bangkok points to the Fineasy app on her Oppo smartphone. (Photo: bangkokpost.com)

Illegal mobile loan apps found in Thailand

The Bank of Thailand initially reported 10 verified illegal apps offering personal loans, including Fineasy and Happy Loan, to the Personal Data Protection Committee (PDPC) under the Digital Economy and Society (DES) Ministry.

A screenshot of the talk show (Photo: VNA)

Cambodian TV channel spotlights Vietnamese Party chief’s article

In a 10-minute talk show, Cambodian journalist Khieu Kolar analysed Vietnam's strategic orientations, especially the continued Party building and redtification, the streamlining of the political system, and the promotion of science and technology application and digital transformation in Party building.