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NEWS UPDATES Asean Affairs        19  May 2011

Japanese firm sites plant in Vietnam

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Japan's Tokai Kogyo Group has announced that it plans to build an automobile spare parts factory in the central city of Da Nang.

The site will occupy a 2-5hectare area. The project has a total capital investment of about US$20 million. The plant will supply parts to leading car makers such as Honda, Toyota, Nissan and General Motors.

Vietnam will be the sixth country chosen by Tokai Kogyo Group to produce auto spare parts. The Tokai Kogyo project is in keeping with the city's plans to develop support industries, said Phung Tan Viet, deputy chairman of the city's People's Committee.

There are currently 60 Japanese investment projects in the city – accounting for 20 percent of the city's total foreign direct investment.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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