TPPA Becomes CPTPP: From Trade Pact Princess to Cinderella *Updated

TPPA Becomes CPTPP: From Trade Pact Princess to Cinderella *Updated

For more than seven years the leaders of 12 countries gathered amidst increasingly angry protests at diverse locations around the world negotiating in secret what was intended to be the mother of all trade deals… the Trans-Pacific Partnership Agreement (TPPA). With very few details being released publicly, the TPPA was claimed to bring increased levels […]

First Steps Taken to Improve Natural Disaster Preparedness

First Steps Taken to Improve Natural Disaster Preparedness

Senior policy makers from across the Asia-Pacific have taken the first steps in improving the regions preparedness to meet natural disasters with the establishment of the Asia-Pacific Disaster Resilience Network (APDRN). The initiative was among several agreed on by delegates attending the first Disaster Resilience Week seminar in Bangkok last week. The APDRN will draw […]

As army rapes & kills Myanmar moves to curb violence against women

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At the same time as its army is accused of carrying out barbaric acts including rape and murder in Rakhine, Kachin, and Shan State’s (See: Mehdi Hasan’s Barbed Attack on Aung San Suu Kyi Over Rohingya Riles Burmese), in Yangon the Myanmar government is moving towards laws aimed at protecting the rights of women. The bastion […]

Vietnam Real Estate & Exports Face Turbulence in Q3 2016

Vietnam Real Estate & Exports Face Turbulence in Q3 2016

Vietnam’s real estate and export sectors have proven to be strong drivers of the Vietnam  economy in recent times, which remains resilient despite striking some humps earlier in the year. Vietnam GDP grew 6.4 per cent in the third quarter, up from 5.78 per cent over the previous three months, according to the General Statistics […]

Saving the Vietnam textile and garment industry (video)

Saving the Vietnam textile and garment industry (video)

In just 25 years Vietnam has transformed from one of the world’s poorest countries to a lower middle income economy. This is primarily due to key structural reforms which were implemented in 1986 in areas such as reforming state-owned enterprises (SOEs), private sector development, financial reform, public expenditure management and trade liberalisation. The World Bank […]

ADB Affirms Support For Vietnam, Cautions on SOEs

ADB Affirms Support For Vietnam, Cautions on SOEs

The Asian Development Bank assured Vietnamese leaders last week that the organisation will continue to assist the country. Takehiko Nakao, the ADB’s president, met with a number of top ministers to discuss future cooperation and needs. Nakao affirmed that the ADB will provide about US$1 billion in sovereign lending to Vietnam annually. This lending will […]

Up, up, up: Vietnam’s growth over 20 years make it Asia’s shining star

Up, up, up: Vietnam’s growth over 20 years make it Asia’s shining star

Once war-torn and poverty-stricken, Southeast Asia is one of the world’s main growth spots. While developed economies stagger along, constantly on the brink of setting off another global recession, countries such as Myanmar and Indonesia are enjoying sustained economic expansion. Possibly the brightest economic star within the region is Vietnam, whose growing clout has been […]

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

While many Southeast Asian economies are struggling with the impact of China’s continuing slowdown, Vietnam has bucked the trend and posted strong economic growth over the last year. In Q4 2015, Vietnam’s GDP expanded by seven per cent, the fastest rate in five years. For the full year, 2015 Vietnam GDP was 6.68 per cent, significantly […]

EU-Vietnam FTA Boosts Manufacturing Investment Appeal

EU-Vietnam FTA Boosts Manufacturing Investment Appeal

In a boost to Vietnam’s increasing attraction as a Asean manufacturing centre, Vietnam and the European Union (EU) yesterday (August 4) agreed in principle to the signing of a EU-Vietnam Free Trade Agreement (EVFTA). Vietnamese Minister of Industry and Trade, Vu Huy Hoang, said in Hanoi that he and EU trade commissioner Cecilia Malmstrӧm have […]

Vietnam H1 2015 GDP A Record – Structural Reforms Lag

Vietnam H1 2015 GDP A Record – Structural Reforms Lag

Vietnam’s economic growth has continued to strengthen with gross domestic product (GDP) for H1 2015 estimated to expand 6.28 per cent during for the first six months of 2015, according to the World Bank’s latest Taking Stock report. The semi-annual review of the Vietnamese economy said the Vietnam H1 2015 growth rate was the nation’s […]