Philippine market economy

According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

In recent years, the Ministry of Agriculture and Rural Development (MARD) has actively promoted exports of bird’s nests to foreign markets, including China. Due to the impact of the COVID-19 pandemic, negotiations to export the product to China have mainly been conducted via online meetings and procedures are almost completed, said Deputy Director of the MARD's Department of Livestock Breeding Nguyễn Văn Trọng. … [Read more...] about Bird’s nest exports set to soar

Established in 2015, Propzy is a real estate technology business which has successfully raised US$37 million from foreign investors like Gaw Capital and SoftBank, who poured $25 million in series A funding. The other investors include Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare and Insignia. … [Read more...] about Propzy to support start-up

A prominent member of the Aboitiz family, Mr. Endika Aboiztiz has been instrumental in turning into a conglomerate the Aboitiz Group in the Philippines. He believes firmly in EV technologies and he has supported Global Electric Transport ("GET Philippines") to become one of the leading electric bus services providers through QEV Philippines across the country. … [Read more...] about China Dynamics Welcomes New International Investors

Hanoi (VNA) – Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled. It spotlighted Vietnam's efforts in maintaining economic activities amid the pandemic, which made the country one of the Asian economies recording the highest growth in 2020. The article noted that in 2020, Vietnam signed three free trade agreements (FTA), and saw the introduction of another airline, while rising to the sixth position in Southeast Asia in terms of per capita income. It noted that Vietnam grasped the greatest opportunity in decades to become one of the countries with the highest GDP growth in the world with an expansion of 2.9 percent and an expected rate of 6.5 percent in 2021. The article cited a report by Euromonitor as saying that Vietnam is forecast to be one of the markets with the busiest merge and acquisition (M&A) activities and the most potential M&A market only after the US. … [Read more...] about Vietnam sees once-in-a-generation opportunity: Nikkei newspaper