Thailand’s capital city boosts measures for tourists’ safety
A series of measures were announced by the Bangkok Metropolitan Administration (BMA) on February 29 to better ensure safety for foreign tourists in the capital city of Thailand.
The measures to protect foreign tourists from overcharging and rip-offs were devised during a meeting with multiple agencies under the chair of Minister of the Prime Minister’s Office Puangphet Choonlaiad.
The meeting discussed foreign tourists being hounded by tuktuk and taxi drivers, coercing them to shop for goods and services from their affiliated shops, the traffic situation, and different aspects of tourism safety.
Speaking after the meeting, BMA Permanent Secretary Wanthanee Wattana said that among the measures, the BMA will employ artificial intelligence technology with its extensive network of security cameras to monitor violations of traffic laws, sidewalks blocked by vendors, and violations of parking bans on major roads frequented by foreign tourists.
Stickers will be issued for tuktuks, taxis, and shops to certify that they will not overcharge tourists. The stickers will signify that the shops and vehicles have been registered by the BMA and will not rip off tourists. Signs will warn tourists against being lured into being overcharged for goods and services.
The BMA will join forces with other government agencies to monitor and fine opportunists who overcharge tourists, Wanthanee said, noting that it will also seek help from the public to monitor such crimes.
The administration will also provide useful information for tourists such as publicizing telephone numbers via which they can call to seek help, or publishing guide books informing tourists of shops that offer goods and services at friendly prices, she added
- Read More
ThaiBev earns $1.71 bln revenue from Vietnam in fiscal year 2024
Thailand’s largest beverage firm Thai Beverage (ThaiBev) earned a revenue of THB58,319 million ($1.71 billion) in Vietnam in fiscal year 2024 (ending September 30, 2024), down 2.7% year-on-year.
Companies - Fri, December 13, 2024 | 6:59 pm GMT+7
56.1% of Japanese firms target expansion in Vietnam: survey
As many as 56.1% of Japanese firms aim to expand their activities in Vietnam in the next one to two years, reflecting their stable business confidence, according to a survey of the Japan External Trade Organization (Jetro) for fiscal year 2024.
Economy - Fri, December 13, 2024 | 6:51 pm GMT+7
Former Prime Minister Nguyen Xuan Phuc disciplined
The Politburo, Vietnam’s supreme decision-making body, on Friday issued warnings to former PM Nguyen Xuan Phuc and former Deputy PM Truong Hoa Binh, while reprimanding Truong Thi Mai, former Secretary of the Party Central Committee, for their violations while on duties.
Politics - Fri, December 13, 2024 | 4:33 pm GMT+7
Vietnam aims to remove obstacles facing renewable energy projects by Jan 2025
The government strives to solve problems facing renewable energy projects by January 31, 2025, Prime Minister Pham Minh Chinh said at a Thursday conference on the government’s policy to aid such projects.
Energy - Fri, December 13, 2024 | 3:23 pm GMT+7
FDI a driving force for double-digit growth: parliament member
Vietnam's FDI attraction will likely remain "very good" in 2025 thanks to investors' trust in the country's internal strength, says Prof. Dr. Hoang Van Cuong, member of the National Assembly's Finance and Budget Committee.
Economy - Fri, December 13, 2024 | 1:37 pm GMT+7
Vietnamese conglomerate T&T Group becomes strategic shareholder of Vietravel Airlines
T&T SuperPort, T&T Airlines, and BVIM Fund Management JSC, all part of the T&T Group ecosystem, have become strategic shareholders of Vietravel Airlines, a member of travel service provider Vietravel Group.
Economy - Fri, December 13, 2024 | 12:57 pm GMT+7
Vietnam refinery operator to list on HCMC bourse
Binh Son Refining and Petrochemical JSC (BSR), the operator of Vietnam’s first oil refinery, has received the Ho Chi Minh Stock Exchange’s (HoSE) approval to list its BSR shares on the major bourse.
Finance - Fri, December 13, 2024 | 12:45 pm GMT+7
Samsung urges Vietnam to soon issue Investment Support Fund rules
Vietnam should soon issue a decree on the Investment Support Fund, Samsung Vietnam general director Choi Joo Ho said at a Thursday meeting with Vietnamese National Assembly Chairman Tran Thanh Man.
Industries - Fri, December 13, 2024 | 11:17 am GMT+7
Improved domestic manufacturing to drive Vietnam stock market in 2025: brokerage
Vietnam’s stock market in 2025 will be fuelled by the recovery of domestic manufacturing, a key driver of growth, according to broker Mirae Asset.
Finance - Fri, December 13, 2024 | 8:20 am GMT+7
Malaysia eyes to become global medtech hub
Malaysia is on track to become a global medical technology (medtech) hub with its strong policies in attracting and executing the right investments, says Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Southeast Asia - Thu, December 12, 2024 | 10:14 pm GMT+7
Malaysia launches national AI office for shaping policy
Malaysia on Thursday launched a national artificial intelligence (AI) office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development.
Southeast Asia - Thu, December 12, 2024 | 10:10 pm GMT+7
Amended Electricity Law to benefit renewable energy, energy infrastructure firms: broker
The amended Electricity Law, effective from February 1, 2025, is expected to benefit businesses involved in the development of renewable energy, energy infrastructure, and power generation.
Companies - Thu, December 12, 2024 | 10:05 pm GMT+7
Vietnam's central bank orders mandatory transfer plans for GPBank, DongA Bank
The government has requested the State Bank of Vietnam (SBV) to urgently submit its plan on mandatory transfers of the remaining two banks under special control, GPBank and DongA Bank, no later than December 20.
Banking - Thu, December 12, 2024 | 9:46 pm GMT+7
Northern Vietnam province attracts $90 mln investments from Singapore, US
Hai Duong province, a manufacturing center in northern Vietnam, has attracted two foreign-invested projects totaling $90 million.
Industries - Thu, December 12, 2024 | 9:15 pm GMT+7
Apple supplier Quanta to double capacity of $120 mln Vietnam plant
Taiwan-based Quanta Computer will double the capacity of its factory in Vietnam’s northern province of Nam Dinh, with new products.
Industries - Thu, December 12, 2024 | 4:30 pm GMT+7
Singapore firm to spend $29 mln on land lease for $590 mln project in Vietnam
Singapore-based Mega Textile will spend $28.7 million to acquire land use rights for a 51-hectare land lot in VSIP Nghe An Industrial Park, central Vietnam to make a $590 million investment.
Industrial real estate - Thu, December 12, 2024 | 2:01 pm GMT+7