Vietnam Update: July 30

Vietnam is continuing to see a major surge in Covid-19 cases after tremendous success in containing the virus for three waves from January 2020 to April 2021. Now, the the highly contagious Delta variant is spreading aggressively throughout the country, with the epicentre being the country’s economic hub of Ho Chi Minh City. The following is Access Asia Group’s latest update on the Covid-19 situation in collaboration with Vietnam Weekly, a subscription-based publication covering current affairs in Vietnam. Data update Through the course of this week, this outbreak has grown in size from 94,666 community infections to 124,584, bringing the national pandemic total […]

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Vietnam Covid-19 Update: July 28

Vietnam is continuing to see a major surge in Covid-19 cases after remarkable success in containing the virus up until the last few months. As the highly contagious Delta variant spreads throughout the country, a major short-coming has been the country’s slow vaccine roll-out program. Ironically this is mostly a result of Vietnam’s initial success in containing the virus in that the country was slow to place and prioritize vaccine orders as the situation was well under control until only recently. The following is Access Asia Group’s latest update on the situation in collaboration with Vietnam Weekly, one of the few […]

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Vietnam Weekly Update: July 26

After remarkable success in containing the Covid-19 pandemic from January 2020 to April 2021, the situation has turned in Vietnam as the Delta variant surges throughout many parts of the country. The worst hit is the country’s economic hub of Ho Chi Minh City, which will make the overall economic impact of this fourth wave significant. Strict lock-downs are significantly disrupting businesses and supply chains, while the socio-economic security of millions are at a risk level not seen for decades in Vietnam. Yet, the government’s containment policy is clear, strong and decisive (unlike many other countries, particularly in the West): Protecting public health […]

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Vietnam’s LNG-to-Power Transition

On December 14, the United States and Japan issued a joint statement in support of Vietnam’s energy transition through LNG utilization. The statement made it clear that liquified natural gas (LNG) was key to ensuring Vietnam’s energy security, while reducing air pollution and assisting in transitioning to a low-carbon future.

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In the valley of gold

Val-d’Or, a sub-arctic town in North Quebec,is isolated from the global economic crisis: its economy is booming; fueled by rich gold deposits from the massive Canadian Malartic mine – and gold prices are surging, having reached over $1800, up from about $1300 last year.

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Access Asia Group Welcomes George McLeod as Managing Partner

SINGAPORE: Access Asia Group (“AAG”) is pleased to welcome George McLeod as a new Managing Partner. George will be based in between Thailand and Canada and will drive AAG’s continued expansion as a leading investigations provider. He brings over 20 years’ experience to AAG that includes serving as PwC’s regional head of Corporate Intelligence. He also served as a financial journalist and a United Nations spokesman. “We are thrilled to bring George on board. Access Asia Group is a fast-growing firm in the investigative due diligence sector; positioned in a region leading the world in growth, innovation and opportunity. George […]

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Taiwan: Risk Update

Taiwan’s advantages as a place to do business are manifold: it’s strategically located within easy reach of China, Japan, South Korea, Hong Kong, Thailand, Vietnam, Cambodia and Malaysia. It has a massive industrial base – Taiwan is the world’s fourth largest electronics producer – with significant research and development (R&D) supported by public spending. It also has a highly educated and skilled workforce.

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Cambodia: Risk Update

By most measurements, the Cambodian economy is healthy. The Asian Development Bank forecasts economic growth of 7% in 2019 and 6.8% for 2020, while the World Bank considers economic growth to be “better than expected” because of increasing exports, growing internal demand, and consistency in foreign investment. But structural problems persist. Cambodia is repeatedly ranked as one of the worst countries in Southeast Asia for corruption. Money laundering remains rife, especially in the gaming and property sectors. The global money-laundering watchdog Financial Action Task Force (FAFT) put Cambodia on its list of countries “highly vulnerable to money laundering” in February. Meanwhile, almost all international financial institutions recommend faster diversification away from low-cost, low-skilled manufacturing, and for Cambodia to carve a niche in high-skilled assembly before others nations in Southeast Asia, namely Thailand and Vietnam, dominate certain industries.

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