In this episode of "Inside China", CNBC's Eunice Yoon travels to Hainan to understand the Chinese side of the territorial disputes in the South China Sea.» Read More
The Australian Bureau of Meteorology this week said Pacific Ocean surface temperatures are at levels associated with a weak El Nino, but the threshold for the weather event has not yet been breached. El Nino could bring dry weather to Australia, which is already struggling with a drought, and it could also curb its wheat, sugar and cotton production.
SEOUL, South Korea— The display manufacturing unit of Samsung Electronics Co. said Thursday it secured approval from Vietnam to build a $1 billion factory in the Southeast Asian country. Samsung Display Co. said that the plant in northern Vietnam will supply small displays for Samsung smartphones and tablet computers starting sometime next year.
BEIJING, June 20- China has sent four oil rigs into the South China Sea in a sign that Beijing is stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.
BEIJING, June 20- China is sending four oil rigs into the South China Sea in a sign that Beijing its stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.
*Taiwan garment maker is Cambodia's second ever listing. PHNOM PENH/ HONG KONG, June 16- The number of companies on Cambodia's stock exchange doubled on Monday- to two.
*Good news for producers such as Vietnam, Thailand. Bigger purchases by the world's fifth largest buyer of the grain would be good news for growers that typically supply the country such as Thailand and Vietnam. "It is likely that Indonesia will indeed import," said David Dawe, senior economist at the U.N.' s Food and Agriculture Organization in Bangkok.
Richard Martin, Managing Director at IMA Asia, describes how Vietnam's economy has staged a turnaround and discusses the impact of recent South China Sea tensions.
*China says Vietnam making "irresponsible accusations" against it. *Vietnam, Philippines and Malaysia may meet on China later this month.
Don Lam, CEO & Founding Partner of investment management firm Vinacapital, explains which sectors in Vietnam are worth investing in.
MANILA, May 22- Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various "defense options" against China, including legal action, following the deployment of a Chinese oil rig to disputed waters in the South China Sea.
Marc Townsend, Chairman of AmCham Vietnam, discusses the impact on corporates and the supply chain indsutry following anti-Chinese riots in Vietnam.
China immediately denied the charges, saying in a strongly worded Foreign Ministry statement the U.S. grand jury indictment was "made up" and would damage trust between the two nations. Officials in Washington have argued for years that cyber espionage is a top national security concern.
HANOI/ HONG KONG, May 19- Most large companies operating in industrial parks hit by anti- China riots in Vietnam last week have resumed operations, underscoring the irresistible pull of the country as a low-cost manufacturing hub with a relatively skilled workforce.
Stanley Szeto, Chairman and CEO of Lever Style, discusses why anti-Chinese riots in Vietnam will affect his factories in the country.
Timothy Riddell, Head of Global Markets Research at ANZ, says geopolitical risks in Thailand and Vietnam could see foreign investment flow to neighboring countries such as Malaysia.
BEIJING, May 18- More than 3,000 Chinese nationals have been evacuated from Vietnam, state news agency Xinhua said on Sunday, following deadly rioting that stemmed from an outpouring of rage over Chinese oil drilling in a disputed area of the South China Sea.
Vietname could pay a higher price for this week's rioting than it expects, according to analysis in The Economist.
HANOI/ TAIPEI, May 16- Dexter Hsu spent Tuesday night barricaded inside his workers' dormitory in Vietnam's Binh Duong province. Tales like Hsu's risk undermining foreign investment in Vietnam, the lynchpin of its economy.
Jonathan London, Assistant Professor at City University of HK, explains how anti-China riots in Vietnam will impact the entire Asian region.
China's expansion of its oil operations is only part of the reason behind its rising conflict with Vietnam.