Asia Top News and Analysis
Vietnam
*Internet firms battle plan to require local data, local offices. HANOI/ SINGAPORE May 18- A struggle over internet laws in Vietnam is pitting a government keen on maintaining tight control against U.S. technology companies trying to fight off onerous new rules- with the country's online dissidents among the biggest losers. Vietnam offers a case study in the...
Frontier market Vietnam has the right strategy to make it a foreign direct investment hotspot, according to one strategist.
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*Vietnam previously halted project by Repsol in a nearby block. *No one should drill in Chinese waters without permission- China. HANOI, May 17- Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the...
A Chinese-backed plan for Cambodia to build the Mekong River's biggest dam would destroy fisheries that feed millions and worsen tensions with Vietnam, according to a three-year study.
*Vietnam previously halted project by Repsol in a nearby block. HANOI, May 17- Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. China's U-shaped "nine-dash line"...
Republican U.S. Senator John McCain said on Wednesday the Senate should reject President Donald Trump's nominee to lead the Central Intelligence Agency.
*Shares were marketed between 110,500- 114,700 dong/ shr. SINGAPORE, May 7- An initial equity offering of Vinhomes JSC, the residential property development unit of Vingroup JSC, raised about $1.35 billion in Vietnam's biggest ever issue after being priced at the top of an indicative range, sources said on Monday. Existing Vinhomes investors are selling about 268...
*Shares were marketed between 110,500- 114,700 dong/ shr. SINGAPORE, May 7- An initial equity offering of Vinhomes JSC, the residential property development unit of Vingroup JSC, raised about $1.35 billion in the country's biggest-ever issue after being priced at the top end of an indicative range, sources told Reuters on Monday. Existing Vinhomes investors are...
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SINGAPORE, May 7- Vinhomes JSC, the residential property developer of conglomerate Vingroup JSC, priced an equity offering at the top of its indicative range and raised about $1.35 billion in the country's biggest-ever share issue, sources familiar with the matter told Reuters on Monday. Vinhomes priced about 268 million secondary shares at 114,700...
America, with very little help from Europe, has been on a crucial mission to defend and reinforce the centuries-old system of Western governance based on democracy, rule of law and respect for human rights, Michael Ivanovitch writes.
According to U.S. intelligence reports, the installations mark the first Chinese missile deployments to Fiery Cross Reef, Subi Reef and Mischief Reef in the Spratly Islands.
Trump’s first call with the Vietnamese prime minister was arranged by Marc Kasowitz, a Trump personal lawyer who has another client with business interests in Vietnam, ProPublica reports in the "Trump, Inc." podcast.
*PV Power allowed to develop two power plants in Dong Nai province at total cost of nearly $1.5 billion. HANOI, April 26- PetroVietnam Power Corp, or PV Power, has been granted government approval to build two gas-fired power plants in southern Vietnam at a total cost of nearly $1.5 billion, its parent company said on Thursday. Vietnamese Prime Minister Nguyen Xuan...
CNBC explores the growing significance of the Association of Southeast Asian Nations — even as it struggles to deal with economic and security challenges.
*Q1 EBITA 106 mln euros vs forecast 129 mln euros. AMSTERDAM, April 26- Shares in Philips Lighting fell sharply on Thursday after the world's largest lighting maker reported worse than expected first-quarter earnings due to falling sales and margins, especially in the United States. The drop in earnings was "mainly due to a weak performance in Home, most notably in...
HANOI, April 26- PetroVietnam Power Corp, or PV Power, has been granted government approval to build two gas-fired electricity plants in southern Vietnam at a total cost of nearly $1.5 billion, its parent company said on Thursday. Vietnamese Prime Minister Nguyen Xuan Phuc has given the go-ahead for the two facilities in the province of Dong Nai, state oil firm...
There's a possibility carrier groups may be deployed in geopolitical hotspots such as the South China Sea and Indian Ocean.
NEW DELHI, April 24- U.S. sanctions on Russian military exports have put the brakes on a $6 billion deal with India and may derail the arms purchases of other U.S. allies around Asia, experts say. Indonesia and Vietnam also buy weapons from Russia while being regional partners of the United States. Jakarta closed a $1.14 billion pact for Sukhoi fighters recently,...
HANOI, April 20- Samsung Electronics Co. is determined to further expand production in Vietnam, co-CEO Koh Dong- jin told Vietnamese Prime Minister Nguyen Xuan Phuc on Friday. Samsung is the largest foreign investor in Vietnam and accounts for around a quarter of the country's total export revenue. Samsung has invested $17.3 billion in eight factories and one...
SINGAPORE/ HANOI, April 17- Vingroup JSC is looking to raise as much as $2 billion from the listing of its residential property business in what could be Vietnam's biggest initial equity offering, sources familiar with the matter said on Tuesday. Vingroup, Vietnam's biggest property developer, expects to kick off roadshows later this month and price the equity...
