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Vietnam will likely miss 2023 GDP growth target

Location:

VIETNAM

GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…

Geopolitical rifts benefit South-east Asia tech sector

Location:

SOUTH-EAST ASIA

However, as the major technology producers attempt to diversify and reconfigure their supply chains -- particularly to redirect investment away from China -- interest in…

India will struggle to emerge as global IT exports hub

Location:

INDIA

To these ends, the government is trying to leverage the large domestic market to attract investment in manufacturing facilities with a view to establishing India as an…

Political strife may hit business sentiment in Vietnam

Location:

VIETNAM

The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…

Chinese firms will expand presence in South-east Asia

Location:

CHINA/SOUTH-EAST ASIA

South-east Asia maintained its position as the largest recipient (40%) of China’s total Asia-Pacific engagement, which was valued at USD14.8bn, up USD12.4bn from 2022. In recent…

US partnership will strengthen Vietnam’s balancing act

Location:

VIETNAM

The United States thereby joined the small list of countries -- which includes China -- to have this level of diplomatic relations with Vietnam. Hanoi and Washington announced…

China's economic recovery is shakier than it may seem

Location:

CHINA

In quarterly terms, real GDP increased by 2.2%. Growth was driven by services: the tertiary sector grew 5.4% y/y. Consumption is shifting from goods to services, with hotels and…

China and South Korea will disengage as ties sour

Location:

CHINA/SOUTH KOREA

Seoul in June accused China’s ambassador of violating diplomatic protocols and interfering in South Korea's internal affairs. Later that month, Seoul cleared the way for full…

US-Chinese rivalry permeates South-east Asian 5G race

Location:

SOUTH-EAST ASIA

The Chinese telecoms company Huawei, which is heavily sanctioned by the United States, has announced that it will bid for contracts under the tender. The EU and the United States…

Russia will use CIS partners to conclude more FTAs

Location:

CIS

Unprecedented Western sanctions have pushed Russia to seek new bilateral free trade agreements (FTAs). Moscow is moving fast to create a wide network of agreements with emerging…