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Search Result for “South Vietnam”

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BUSINESS

Gold set to gain from Venezuelan upheaval

Business, Nareerat Wiriyapong, Published on 06/01/2026

» Gold prices could potentially revisit the record high of US$4,549 an ounce, pushing the domestic price of gold bars to 67,000 baht per baht-weight, attributed to geopolitical tensions after the US announced it is "managing" Venezuela following the capture and removal of President Nicolás Maduro, gold traders say.

BUSINESS

Weak economy could hamper prospects for crypto

Business, Nareerat Wiriyapong, Published on 02/01/2026

» While the crypto trading industry expects a bright outlook in 2026, thanks to improved regulatory clarity and growing institutional investors, Binance TH expressed concerns over the stagnant economy that could affect nationwide adoption.

BUSINESS

Delta targets double-digit revenue growth in 2026

Business, Nareerat Wiriyapong, Published on 08/12/2025

» Despite threats from US import tariffs and a looming artificial intelligence (AI) bubble, Delta Electronics (Thailand) is confident of achieving double-digit growth in revenue this year and next as Thailand remains one of the largest investment destinations for capacity expansion.

BUSINESS

Pundits assess disaster's impact on Thai growth

Business, Nareerat Wiriyapong, Published on 03/12/2025

» The final impact of the devastating floods in the South on GDP growth will depend on the speed of recovery and reconstruction, say analysts, as the government could expedite disaster relief cash handouts to affected households in the less prosperous region.

BUSINESS

Securities and Exchange Commission moves to protect Thai assets on Upbit Exchange

Nareerat Wiriyapong, Published on 29/11/2025

» The Securities and Exchange Commission (SEC) has taken steps to ensure cryptocurrency deposited with Upbit Exchange (Thailand) is safe after its South Korean parent became the latest exchange to suffer an attack, resulting in the loss of roughly 54 billion won (US$36.8 million).

BUSINESS

Binance allays concerns surrounding crypto scams

Business, Nareerat Wiriyapong, Published on 28/10/2025

» Despite a significant increase in global cryptocurrency crimes this year, Thailand's digital asset exchange operators maintained that crypto and digital assets have not been subject to scams and that illicit activities accounted for a minimal amount of total transactions.

BUSINESS

European firms keen on Thailand

Business, Nareerat Wiriyapong, Published on 11/09/2025

» Thailand remains a key destination in Southeast Asia for European companies seeking to expand business operations to withstand ongoing global economic shocks and uncertainties, according to a recent survey by the EU-Asean Business Council (EU-ABC).

BUSINESS

Thai hotels forced to cut room rates

Business, Nareerat Wiriyapong, Published on 03/09/2025

» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Thai hotels cut room rates amid falling tourist numbers

Nareerat Wiriyapong, Published on 02/09/2025

» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Japanese firms call for stimulus

Business, Nareerat Wiriyapong, Published on 27/08/2025

» Japanese companies operating in Thailand have voiced concerns regarding the country's prolonged border conflict with Cambodia and sluggish domestic demand, calling on the government to launch new stimulus to prop up the economy.