Vietnam’s Entrepreneurial Surge: Exploring the Nation’s Developing Startup Landscape Tractus Global May 3, 2024 Renowned for its history, food, and breathtaking landscapes, Vietnam is emerging as a hub for entrepreneurship. Over the last decade, Vietnam’s economy has grown significantly, with its startup scene mirroring this trend. Vietnam’s History of Entrepreneurship Vietnam has a long history of entrepreneurial spirit in the form of one of the world’s largest informal economies:… Read More
Ready for Take-off: Learnings from the Singapore Air Show 2024 Tractus Global April 25, 2024 With over 1,000 participating companies and 60,000 attendees at this year’s Singapore Air Show, it truly felt like the aerospace industry has returned to, and even crossed, its pre-pandemic levels, especially on the civilian front. A trade event such as the Singapore Air Show is a true reflection of the level of activity across the… Read More
Location Selection and Renewable Energy Strategies: Navigating the Diverse Landscape of Alternative Energy in Asia Tractus Global April 19, 2024 This article is part of a series in collaboration with Biggins Lacy Shapiro & Co. and Location Decisions. For more information on the global renewable energy landscape, check out their insights on the United States and Europe. According to Forbes, more than 40% of Fortune Global 500 companies have either announced intentions to reach net-zero… Read More
The Rising Sun of Silicon Alley: Vietnam’s Semiconductor Revolution Tractus Global April 11, 2024 The international semiconductor supply chain is highly complex, with major chipmakers sourcing from tens of thousands of vendors globally. A few of these vendors hold unique technological capabilities crucial for chip production, which causes inputs for an average IC chip to transit more than 70 international boundaries before a final product reaches customers. With expertise… Read More
The Rise of Electric Vehicle Investment in Thailand Tractus Global April 4, 2024 The electric vehicle (EV) market in Thailand has seen remarkable growth over the past year. As of January 2024, the cumulative registered electric vehicles in the battery electric vehicles (BEV) category reached 147,743 units, marking a 301.75 percent increase compared to January last year. Hybrid electric vehicle (HEV) exports also increased 478.62 percent, totaling 4,953… Read More
Chemical Market Conundrum: Vietnam’s Pursuit of Sustainable Industry Growth Tractus Global March 28, 2024 Vietnam’s chemical industry has witnessed steady growth over the years, driven by the country’s rapid industrialization, urbanization, and expanding population. This thriving industry is expected to reach a market value of US$3.72 billion in 2024, boasting a projected compound annual growth rate (CAGR) of 8.73% over the next five years. The Vietnamese chemical landscape is… Read More
Market Digest: Rising Dough in China’s Baking Sector Tractus Global March 19, 2024 The baking sector in China is presently undergoing a phase of accelerated expansion, which is anticipated to sustain momentum in the coming years. The value of China’s bakery industry increased to US$39.8 billion in 2022, with production up by 6% annually (YOY) to a total of 19.6 million tons. By placing an increased emphasis on… Read More
Soaring High: Exploring India’s Opportunities in the Aerospace Industry Tractus Global March 15, 2024 India’s civil aviation sector has soared to new heights, exemplifying a remarkable growth trajectory that mirrors the nation’s dynamic economic landscape. With a strategic focus on modernization, infrastructure development, and regulatory reforms, India’s aviation industry has transformed into a global powerhouse, witnessing unprecedented expansion and fostering connectivity across the subcontinent and beyond. The rise of… Read More
From Soy to Fly: The Next Generation of Animal Feed in ASEAN Tractus Global February 22, 2024 The livestock and aquaculture industries across ASEAN are keeping pace with the demand for animal and fish proteins that continues to rise as more consumers enter the middle class and eat more protein. With animal feed representing 60-70% of production costs, the continued instability of input prices, and the need to enhance the sustainability of… Read More
Building Altitude: Thailand’s Aerospace Industry Soars Post-Pandemic Tractus Global February 15, 2024 The growth in air passenger traffic in Thailand, and the future air traffic growth potential following the Covid pandemic, makes Thailand an attractive destination for commercial aircraft maintenance and manufacturing industries. Thailand annual airport passenger volume peaked in 2019 at 143 million. The Covid pandemic disrupted both domestic and international passenger volumes. Passenger volume for… Read More