Thailand’s Board of Investment (BoI) is speeding up a plan to promote investment in data centres and cloud services in the country in line with global trends and the government’s policy to support digital technology.

Vietnam will set up a support fund to encourage and lure strategic investors and multi-national groups, making it more attractive in attracting foreign direct investment, as the National Assembly recently approved a resolution on applying additional corporate income tax in accordance with the Global Anti-Base Erosion Rules (global minimum tax).