The transport ministry says some senior officials are spending too much time on the putting green and, as a result, are under-performing at work during a difficult period for the Vietnamese economy. The FT reports.
Vietnamese brokers and industrials will experience 500 percent upside over the next 2-3 years, David Roes, CEO of ASEAN Investment Management, told CNBC.
In many Asian countries, divorce rates have been rising as women become more economically independent and more willing to challenge traditional, socially conservative values. The FT reports.
The growing tension between China, Vietnam and the Philippines in the South China Sea could lead to a miscalculation and further escalation between the parties, a former advisor to U.S. Vice President Dick Cheney warned on Friday.
Indonesia’s low debt levels and strong growth potential has made the country a choice destination for investors, prompting financial firms like Deutsche Bank to compare the economy to Brazil’s in the 1990s.
Not a single Asian country with territorial claims in the South China Sea has installed an oil drill in the heart of the disputed region, but that might soon change.
Like other companies selling luxury goods in communist-ruled Vietnam, HTC Auto, a car dealer, has thrived over recent years as rapid economic growth has spurred the creation of a class of wealthy, status-conscious consumers keen to snap up everything from iPhones to Rolls-Royces, the FT reports.
Europe is the place to be, with the euro and the Swiss franc rising, but watch out for falling kiwis — it's time for your FX Fix.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
Rare earth prices are reaching rarefied heights. World prices have doubled in the last four months for rare earths — metallic elements needed for many of the most sophisticated civilian and military technologies, whether smartphones or smart bombs.
The Swiss franc is soaring, and so are prices in Australia. Time for your Friday FX Fix.
Vietnam's Son La province is benefiting from a government drive to grow more high-quality beans. The FT reports.
China, at last, is getting serious about rebalancing. At the National People's Congress, the country's annual legislative session which concluded this week, leaders unveiled a new five year development plan.
...China takes baby steps and Vietnam dings its dong—again. Here's your FX Fix.
Over the next few months, tenants will begin moving in to Vietnam’s tallest building, the Bitexco Financial Tower in Ho Chi Minh City, presaging the high-rise construction boom that will transform the skyline of the country’s main cities over the next few years.
American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.
As the rest of the world worries about economic growth, angry complaints from consumers such as these Indian bloggers have turned Asian policymakers’ minds to a different problem: rapidly rising inflation, the Financial Times reported.
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Vietnam is following China’s footsteps in terms of economic growth and they will produce great returns for investors in the next 10 years, said Rob Lutts, founder and CIO of Cabot Money Management.
As the buzz about economic recovery grows louder, a new survey reveals the best place in the world to ride out the rest of the recession, which could be one of the first stops on the recovery train.