Vietnam

Philippines is the region's lone rate hike candidate

With Indonesia and Vietnam cutting interest rates in the past two months and Thailand fending off pressure to do the same, the Philippines is emerging as the region’s lone candidate for a rate increase this year.While all economists surveyed by Bloomberg predict Bangko Sentral ng Pilipinas (the Central Bank of the Philippines) will hold its benchmark rate at a record-low of three percent on Thursday, a separate poll showed almost half forecast an increase by the fourth quarter.

21 September 2017
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An overview of coworking spaces in Southeast Asia

Giant companies such as Apple, Amazon, Disney, Google, Harley Davidson and Hewlett-Packard started out in their garages. Hey, you got to start somewhere. However, the entrepreneurial landscape has changed tremendously in the age of information.

20 September 2017
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S.Korean cosmetics maker targets Southeast Asian markets

South Korea’s biggest cosmetics maker is revamping its products to suit Muslims and darker-skinned women in Southeast Asia as it tries to make up business lost because of political tensions with China over a missile-defence system.Amorepacific is pushing harder into Indonesia, Singapore, Malaysia, Thailand and Vietnam with a lineup that takes into account skin tones, the region’s humidity and the need for Muslim women to wash their faces five times a day before prayers.

19 September 2017
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An overview of doing business in ASEAN

Southeast Asia is a growing market for business. However, there is still plenty of untapped potential, in terms of both consumer demand and labour markets. With all eyes on the ASEAN (Association of Southeast Asian Nations) member states, business investors are presented with opportunities to generate lucrative returns on their investments within the region.

17 September 2017
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Tension in the South China Sea rises

Vietnam has delivered a sharp rebuke to China over military drills in the South China Sea, the second such warning in a week as tensions rise between the countries over the disputed waterway.China and Vietnam have long traded barbs over the strategic and resource-rich South China Sea, which Beijing claims most of.Tensions have flared in recent months, with Vietnam suspending an oil exploration project operated by Spain's Repsol in an area off its coast claimed by Beijing.In June, a meeti

6 September 2017
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Vietnam to produce its own cars

Vietnam wants to design and make cars for its 90 million motorbike and scooter riders.The country’s largest real estate company Vingroup JSC said it plans to invest up to $3.5 billion to set up a manufacturing and research and development complex, aiming to roll out the first car in 24 months.

3 September 2017
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Vietnam, the land of the 'Ascending Dragon'

Vietnam - also famously known as the land of the “Ascending Dragon” for its geographical shape on the world map - is a land of opportunities. As Vietnam celebrates its 72nd independence today, it is remarkable to note how far the country has progressed over recent years. Moving away from a centrally planned system into a market based economy, Vietnam has advanced into the "lower middle income countries" bracket since 2009.

2 September 2017
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Vietnam's Independence: A nation united

Vietnam turns seventy-two today. A country once ravaged by war and charmed by the ideals of communism, Vietnam now boasts an ever-thriving population of 96 million citizens consisting of various ethnic groups and linguistic backgrounds as the nation celebrates its independence.

2 September 2017
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The dawn of ASEAN's frontier economies

The ASEAN (Association of Southeast Asian Nations) frontier economies of Cambodia, Lao, Myanmar and Vietnam (CLMV) are becoming the centre of attraction for FDI (foreign direct investment). Aside from being the world’s fastest growing economies, these countries boast a young population with low-cost labours and natural resources. Among the potential areas for investment include textile, clothing, footwear, food and beverage, banking, services, tourism and auto electronics.

30 August 2017
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