Analysts predict increasing difficulty with mounting loans from China
Currently, only about 20 per cent of Vietnamese labourers are technically trained and training structure remain limited, causing a shortage of the kinds of workers Industry 4.0 demands.
Even without rapid investment in the EEC, Thailand’s flagship development project, core provinces such as Chon Buri and Rayong are already suffering chronic water shortages.
Colluding with corrupt officials on both sides of the border to move illegally harvested timber from Cambodia’s Mondulkiri province into neighboring Vietnam in spite of government calls to halt trade.
China’s growing influence – through its new multilateral institution – is reshaping the environmental and economic future of Southeast Asia
Government ill-equipped to handle the emergency, with notices going up and down the chain of command, redundant communications and general confusion about when to start evacuations.
Even if the Thailand 4.0 initiative is successful, its economic benefits would be rather limited. The Thai economy would only expand at 3.1 percent while millions of jobs could be lost.