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Tuan Anh, a seller operating his online printed T-shirt shop in Ho Chi Minh City, has made the difficult decision to close his business after struggling to make sales. Despite his hopes of earning some extra money on the side, Tuan Anh found the competitive…
Thailand could face a staggering loss of up to 200 billion baht (approximately US$6.14 billion) in export revenue this year if the United States moves forward with proposed tariffs ranging from 25% to 36% on Thai goods, warns a forecast from the University of…
In a significant meeting held in Hanoi on Wednesday, Ali Ijaz Ahmad, chairman and CEO of Makara Capital Partners, expressed strong interest in expanding the firm’s footprint in Vietnam. Joined by other company executives, Ahmad highlighted the group’s…
The banking sectors across South Korea, Taiwan, Thailand, Hong Kong, and China are bracing for challenging times ahead, with a deteriorating outlook for 2025 driven by increased trade tensions and tariff impacts that are expected to hamper loan growth and…
Balis economy registered a growth of 6.24 percent in 2016, a 0.20 percent increase as compared to 6.04 percent recorded in the previous year. The increase was sustained by a high growth of nine percent registered in the health services and social activities…
Vietnam’s north-south high-speed railway is expected to cost $58 billion, according to a feasibility report released at a meeting Tuesday. The 1,545-kilometer route from Hanoi to Ho Chi Minh City will have double standard-gauge tracks of 1.435-m width and 23…
Malaysia has made impressive strides in the realm of global economic competitiveness, climbing 11 spots to secure the 23rd position in the 2025 World Competitiveness Ranking—the country’s highest ranking since 2020. According to the Ministry of Investment,…
While the city-state claimed the fourth spot in the rankings, Singapore’s 81 companies amassed an impressive US$637 billion in revenue last year, according to a recent report by a prominent U.S. business magazine. This staggering sum represents a third of the…
The vibrant tapestry of Vietnam’s economy continues to weave success as new trade data emerges, revealing a noteworthy trade surplus of US$4.67 billion for the first five months of 2025. According to the Department of Customs under the Ministry of Finance,…
Vietnam’s gold market saw an uptick on Friday morning as global bullion rates experienced a slight dip. This increase reflects a growing interest in gold amidst fluctuating financial conditions. Local Gold Prices on the Rise Saigon Jewelry Company reported a…
Vietnam and the United States have taken significant strides forward in their pursuit of a reciprocal trade agreement, following the second round of negotiations held in Washington D.C. from May 19-22. The Vietnamese delegation was led by Minister of Industry…
Thailand Plans $15 Billion Economic Stimulus to Combat GDP Slowdown In a strategic move to bolster its economy, Thailand’s Ministry of Finance has unveiled plans to inject over THB 500 billion (approximately $15 billion) aimed at increasing the nation’s GDP…
Retail spending in Australia experienced a notable uptick of 4% in March 2025 compared to the same period last year, totaling an impressive $37.3 billion, as reported by the Australian Bureau of Statistics (ABS). This growth signals a positive shift in the…
Vietnam Set to Become the Second Largest Economy in Southeast Asia by 2036 In a groundbreaking projection by the Center for Economic and Business Research (CEBR), Vietnam is anticipated to climb the ranks to become the second-largest economy in Southeast…
The London-based Financial Times (FT) was granted a license to reopen its permanent office in Vietnam at a ceremony held at the Ministry of Foreign Affairs on Wednesday. At the event, Deputy Minister of Foreign Affairs Le Thi Thu Hang commended the newspaper…
Nearly half of employees in Singapore feel uncomfortable admitting to their managers that they use artificial intelligence (AI) in their jobs, a survey has found. The top concerns among these workers include the fear of being perceived as incompetent, lazy,…
