Vietnam’s chemical industry has witnessed steady growth over the years, driven by the country’s rapid industrialization, urbanization, and expanding population. This thriving industry is expected to reach a market value of US$3.72 billion in 2024, boasting a projected compound annual growth rate (CAGR) of 8.73% over the next five years. The Vietnamese chemical landscape is… Read More
The baking sector in China is presently undergoing a phase of accelerated expansion, which is anticipated to sustain momentum in the coming years. The value of China’s bakery industry increased to US$39.8 billion in 2022, with production up by 6% annually (YOY) to a total of 19.6 million tons. By placing an increased emphasis on… Read More
India’s civil aviation sector has soared to new heights, exemplifying a remarkable growth trajectory that mirrors the nation’s dynamic economic landscape. With a strategic focus on modernization, infrastructure development, and regulatory reforms, India’s aviation industry has transformed into a global powerhouse, witnessing unprecedented expansion and fostering connectivity across the subcontinent and beyond. The rise of… Read More
The livestock and aquaculture industries across ASEAN are keeping pace with the demand for animal and fish proteins that continues to rise as more consumers enter the middle class and eat more protein. With animal feed representing 60-70% of production costs, the continued instability of input prices, and the need to enhance the sustainability of… Read More
The growth in air passenger traffic in Thailand, and the future air traffic growth potential following the Covid pandemic, makes Thailand an attractive destination for commercial aircraft maintenance and manufacturing industries. Thailand annual airport passenger volume peaked in 2019 at 143 million. The Covid pandemic disrupted both domestic and international passenger volumes. Passenger volume for… Read More
With the global spotlight fixated on Vietnam, the nation has undertaken significant efforts to maintain its competitiveness in economic advancement. With an impressive 8% annual GDP growth YoY and a noteworthy $36.61 billion in FDI for 2023, Vietnam is drawing considerable attention – and rightfully so. Amid various industries attracting investors, one that stands out… Read More
The intersection of agriculture and technology, known as agritech, is emerging as a transformative force in Japan, offering solutions to challenges posed by an aging agricultural workforce and rising production costs. In 2020, the average age of individuals engaged primarily in agriculture in Japan was approximately 68 years old, and the number of people involved… Read More
The Royal Thai Armed Forces have a long history of close cooperation and alignment with the United States and other Western governments, as well as with Defense, Aerospace, and Security suppliers and contractors. Both the Royal Thai Armed Forces and the Royal Thai Police desire to achieve best global standards of performance and excellence. They… Read More
It is no secret that Vietnam is a fast-growing market, with an estimated GDP of $409B and an impressive CAGR of 8.1% over the past five years. Along with this rapid development, the cost of living has increased substantially over the years. According to Vietnam Report, in 2022, with a basic inflation of 2.95%, the… Read More
Any company looking to hire Chinese talent will have to understand labor laws in China. It can be extremely difficult for foreign companies to navigate the complex employment law landscape in China. Everything, from the employment contracts to the probation period and labor disputes, needs to be handled strictly according to China labor laws. Labor… Read More