(VOVWORLD) - Vietnam and Thailand will strengthen economic cooperation to soon raise bilateral trade to 30 billion USD by 2025. The agreement was reached during talks in Bangkok on Wednesday between Thai Prime Minister Prayut Chan-o-cha and Vietnamese President Nguyen Xuan Phuc who is paying an official visit to Thailand. President Nguyen Xuan Phuc meets Vietnamese and Thai businesses (Photo: VNA) The President encouraged more bilateral cooperation in areas of mutual potential and benefits, including digital economy, energy and food security, sustainable and green growth.

https://vovworld.vn/en-US/news/vietnam-thailand-aim-to-raise-bilateral-trade-to-30-billion-usd-by-2025-1152572.vov

#vovworld

And the city of Edinburgh plays host to the world's first autonomous bus services. Incumbent Thai PM Prayuth Chan-ocha; Pheu Thai leader Paetongtarn Shinawatra; Move Forward leader Pita Limjaroenrat. Top of the morning this Tuesday – here's some of the business and political news making the headlines around the world overnight.   Turkey's presidential election on Sunday saw neither 20-year incumbent Recep Tayyip Erdogan nor challenger Kemal Kilicdaroglu secure more than 50% of the vote, and Want to read more? It's easy.

https://www.nbr.co.nz/morning-brew/elections-set-to-bring-change-in-turkey-thailand/

#nbr

(VOVWORLD) -United Overseas Bank Limited (UOB) of Singapore on Wednesday said that it has completed the acquisition of Citigroup's consumer banking segment in Vietnam, with the aim of expanding its business. A UOB branch in Vietnam.( Photo: tinnhanhchungkhoan.vn UOB acquired Citigroup's consumer banking segment in Thailand and Malaysia last year and will complete the acquisition in Indonesia soon. Victor Ngo, Chief Executive Officer of UOB Vietnam, said the potential for the people and businesses in Vietnam is tremendous as it is an economy of rapid growth and transformation, coupled with the swift digital adoption.

https://vovworld.vn/en-US/news/uob-expands-business-in-vietnam-acquires-citigroups-consumer-banking-segment-1179797.vov

#vovworld

Thailand's outbreak of the Omicron coronavirus variant could have a bigger impact than expected on an economic recovery, according to the Bank of Thailand latest last policy meeting.According to the Ministry of Public Health, the country is entering a new wave of COVID-19 infections, following the long New Year holidays, with over 2,000 cases of the Omicron variant of coronavirus detected in Thailand to dateThus the Omicron outbreak could have more widespread, severe, and prolonged effects than the baseline projection, depending on the severity of the situation and the strictness of containment measures.

https://www.thailand-business-news.com/economics/86962-omicron-key-risk-to-thailands-economic-recovery.html

#thailand-business-news

Don St.Pierre, the legendary China expat and source of multiple well-known business legends in China and the United States, has died at his home in Thailand.

https://www.china-briefing.com/news/farewell-to-don-st-pierre-snr-china-wine-expat-extraordinaire

#china-briefing

(VOVWORLD) - Japanese news outlet Nikkei Asia has published an article highlighting that online travel company Agoda views tourism in Vietnam as growing faster than in Thailand and Japan. More Koreans tourists are traveling to Vietnam. Omri Morgenshtern, CEO of Agoda, points out that Thailand could maintain its edge by removing visa issues, opening more flight routes, and creating business reasons to promote travel. The article says Vietnam has grown its share of inbound travel over the first five months of the year, coming in third behind Japan and Thailand among Asian destinations.

https://vovworld.vn/en-US/news/vietnamese-tourism-growing-faster-than-thai-and-japanese-tourism-agoda-ceo-1209205.vov

#vovworld

For next year, the Ministry of Finance is projecting an economic growth of 3.5-4.5% from effective pandemic control measures, incentives, domestic spending, the export sector, private investment support, global economic recovery, and government expenditures. BANGKOK (NNT) – The Ministry of Finance is now projecting an economic rebound to 4.5% growth next year, with government investments serving as key drivers. The Minister of Finance says the government will focus more on inclusive growth next year, with no sectors left behind.

https://www.thailand-business-news.com/economics/86241-thailands-ministry-of-finance-expects-3-5-to-4-5-economic-growth-in-2022.html

#thailand-business-news

And Credit Suisse considers splitting into three and selling off some historic property to keep afloat. The Mandarin Oriental Savoy in Zurich. Hurrah, welcome to the last day of the week – and our last summary of business, politics and news from around the world overnight.In north-eastern Thailand, 38 people including dozens of young children have died after a 34-year-old former police officer facing drug charges staged a shooting Want to read more? It's easy. Choose your best value subscription option Individual Group membership NBR Marketplace NZ Aviation News $30 per user - Pay by monthly credit card debit $25 per user - Pay by monthly credit card debit $20 per user - Pay by monthly credit card debit $15 per user - Pay by monthly credit card debit Contact the Writer: dita@nbr.

https://www.nbr.co.nz/morning-brew/thai-massacre-uk-pension-funds-pulled-back-from-the-brink/

#nbr

Alibaba Group Holding Ltd's Lazada Group is preparing to make its maiden foray into Europe, building on its success in South-East Asia to take on rivals such as Amazon.com Inc and Zalando SE in one of the biggest online shopping markets. Its specific plans will depend on macroeconomic and market conditions, Lazada Group chief executive officer James Dong, 43, told Bloomberg News. But it's clear Alibaba is intensifying its global ambitions, in part because of rocky economic conditions back home. Dong, one-time business assistant to Alibaba CEO Daniel Zhang, took the reins of Alibaba's most important international business unit in June after heading Lazada's Thailand and Vietnam operations.

http://klse.i3investor.com/web/blog/detail/future_tech/2022-09-01-story-h1628870620-Alibaba_s_Lazada_eyes_Europe_push_to_take_on_Amazon_Zalando

#i3investor

Closing the year 2021, the ASEAN Secretariat, in partnership with the East Asia Business Council, held the 5th round of the RCEP webinar series on 16 December. The discussion focused on competition, government procurement, small and medium enterprises (SMEs), and the economic and technical cooperation chapters of the Agreement. In her opening remarks, Sulaimah Mahmood, Senior Director of the ASEAN and Southeast Asia and Oceania divisions in Singapore's Ministry of Trade and Industry, underscored the importance for businesses, particularly SMEs, in the region to familiarise themselves with the RCEP, especially since SMEs account for the majority of businesses in the region.

https://www.thailand-business-news.com/asean/86784-5th-rcep-webinar-series-underlines-integration-smes-into-regional-value-chain.html

#thailand-business-news

Japan’s biggest bank has been aggressively expanding in Asia, where it has spent about $15 billion buying stakes in lenders in Indonesia, Thailand, Vietnam and ...

https://www.japantimes.co.jp/news/2020/12/25/business/corporate-business/mufg-bank-asia-growth/

(VOVWORLD) -President Nguyen Xuan Phuc has said that Vietnam encourages Hong Kong businesses to invest in sustainable and environmentally friendly fields, and supports Vietnamese businesses to participate in trade, investment, and tourism promotion activities in Hong Kong. President Nguyen Xuan Phuc shakes hands with Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region (China). Photo: VNA President Phuc met with Chief Executive of the Hong Kong Special Administrative Region Lee Ka-chiu on Saturday in Bangkok, Thailand.

https://vovworld.vn/en-US/news/president-receives-chief-executive-of-hong-kong-china-1153083.vov

#vovworld

H.I.S. Co., Ltd. (OTCMKTS:HISJF – Get Rating)'s share price reached a new 52-week low on Tuesday . The stock traded as low as $14.70 and last traded at $14.70, with a volume of 0 shares trading hands. The stock had previously closed at $14.70. H.I.S. Price Performance The business's 50-day simple moving average is $14.70 and its 200-day simple moving average is $15.18. H.I.S. Company Profile (Get Rating) H.I.S. Co, Ltd. provides travel agency services worldwide. The company offers sports related tours, such as ski and diving tours; casual to luxury cruises; escort accompanied tours, honeymoons, and onboard weddings; and local tour services in Australia, Bali Island, Guam, Thailand, and South Korea.

https://www.dailypolitical.com/2023/01/03/h-i-s-otcmktshisjf-reaches-new-1-year-low-at-14-70.html

#dailypolitical

From September 14th to 17th, the provincial Travel Association cooperated with the provincial Tourism Promotion Information Center to organize a famtrip connecting to Laos and Northeast Thailand markets. Hue tourism enterprises exchanging services with partners from Laos The famtrip delegation includes tourism management agencies, tourism experts and nearly 30 travel agencies and tourism service businesses in Thua Thien Hue. Through the famtrip delegation, related units and tourism businesses have the opportunity to promote and spread the beauty of Hue tourism to the markets of Laos and Thailand; building new relationships and reconnecting the old ones among Hue's travel agencies and travel services with the two above countries, in order to prepare to welcome tourists from both countries to Hue and vice versa in the period of 2023 - 2024.

https://baothuathienhue.vn/news/hue-famtrip-delegation-organized-connection-with-laos-and-northeast-thailand-markets-a117798.html

#baothuathienhue

The foreign businesses are from Germany, the UK, Austria, Turkey, Japan, China, Taiwan (China), South Korea, Singapore, Israel, Malaysia, and Thailand. Over the last 20 years MTA Vietnam and MTA Hanoi exhibition have assisted the development of Vietnam's mechanical and manufacturing industry. Exhibits on display at MTA Hanoi 2022 During the event, there will be seminars on smart production, 3D printing technology, and digital design. The exhibition is scheduled to welcome 5,000 visitors and business people seeking partners.

https://vovworld.vn/en-US/news/mta-hanoi-attracts-businesses-from-13-countries-and-territories-1142327.vov

#vovworld