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The demand for land to develop logistics infrastructure has soared, with 20 percent of total inquiries for this. The strong growth of e-commerce and logistics firms since the Covid-19 outbreak has led to high demand for space to store goods and distribution facilities. … [Read more...] about Industrial land prices escalate as more multinationals head for Vietnam

Vientiane (VNA) – The completion and early signing of the Regional Comprehensive Economic Partnership (RCEP) is very important to the process of economic recovery in the region, said a member of the Lao negotiation team to the RCEP talks. RCEP is a free trade agreement in the Indo-Pacific region between the 10 member states of the ASEAN and its five FTA partners (Australia, China, Japan, New Zealand, and the Republic of Korea). India initially participated in the talks, but it withdrew in November 2019. The 15 negotiating parties account for 30 percent of the world's population and just under 30 percent of the world's GDP. … [Read more...] about Signing of RCEP to help post-pandemic regional economic recovery: Lao official

“Japan looks to be quite late in the game,” Rasmus Bech Hansen, the founder of British research firm Airfinity, told Reuters. “They’re dependent on importing many (vaccines) from the U.S. And at the moment, it doesn’t seem very likely they will get very large quantities of for instance, the Pfizer vaccine.” … [Read more...] about Japan likely to hit COVID-19 herd immunity in October, months after Olympics: researcher