Vietnam: Expected growth rate of 6.4 percent
HANOI – Vietnam’s economy showcased impressive resilience and growth in 2024, driven by robust GDP expansion, strong trade performance, significant foreign direct investment (FDI), a thriving manufacturing sector, infrastructure development, and a dynamic labor market. Vietnam’s GDP growth exceeded expectations … Continue reading Vietnam: Expected growth rate of 6.4 percent
Great Britain Joins the CPTPP: New Era of Global Trade
LONDON – Great Britain has officially become the latest member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking a significant milestone in the country’s post-Brexit trade strategy. With its accession, the UK becomes the first European nation … Continue reading Great Britain Joins the CPTPP: New Era of Global Trade
Vietnam: German Businesses Show Resilience
HO CHI MINH CITY – The global economy continues to experience sluggish yet stable growth, characterized by ongoing challenges and uncertainties. Amid these conditions, German businesses remain optimistic about the Vietnamese market. The AHK World Business Outlook Fall 2024 survey highlights … Continue reading Vietnam: German Businesses Show Resilience
Vietnamese Tycoon Faces Death Sentence Over Fraud case
HANOI– Truong My Lan, a 68-year-old Vietnamese property mogul, lost her appeal against a death sentence for orchestrating the world’s largest banking fraud. Found guilty of misappropriating $27 billion and embezzling $12 billion via Saigon Commercial Bank, her punishment is … Continue reading Vietnamese Tycoon Faces Death Sentence Over Fraud case
Indonesia Rejects Apple’s $100 Million Investment
JAKARTA – Indonesia has declined a US$100 million investment proposal from Apple, which aimed to resolve the ongoing sales ban on the iPhone 16 in the country. The Indonesian government insists that the offer does not meet its “fairness principles”, … Continue reading Indonesia Rejects Apple’s $100 Million Investment