One of Vietnam’s largest banks reported surging profits last year, as the Southeast Asian economy turned a corner from the “perfect storm” of 2023. The Vietnam Technological and Commercial Joint Stock Bank,
Southeast Asia’s economic growth is expected to go into overdrive in 2025, with Asean markets leading the way. According to an Asia House report, Vietnam and Philippines will remain key growth drivers.
Southeast Asian foreign ministers are gathering for their first meeting this year under the regional bloc’s new chair, Malaysia, seeking a breakthrough over Myanmar’s drawn-out civil war and territorial disputes in the South China Sea.
The country’s recent ASEAN football championship success could soon be matched by achievements in the economic realm.
Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.
The escalating trade tensions between the U.S. and China have triggered a strategic recalibration of supply chains. As highlighted by Singapore’s former Prime Minister Lee Hsien Loong, “Southeast Asia will be a natural beneficiary of any realignment in global trade dynamics caused by geopolitical shifts.”
Czech’s biggest automaker Skoda is set to complete its $500 million factory in northern Vietnam, its first in Southeast Asia, by the end of March.
State-owned VTC went off the air on Wednesday as part of a radical restructuring of media organisations by the ruling Communist Party.
HO CHI MINH CITY -- Czech automaker Skoda will complete a half-billion-dollar factory in Vietnam this quarter, producing internal combustion engine cars -- before introducing electric vehicles -- with plans to export around Southeast Asia, the government said.
Hanoi is restarting its civilian nuclear program nearly a decade after canceling it over cost and safety concerns.
Singaporean and Vietnamese youths are also the most optimistic and satisfied about their countries’ political systems, law enforcement and economic future than their peers in four other Southeast Asian countries,
Passengers in Singapore and Thailand can select Grab's “eco-friendly ride” option, which will prioritise allocating green vehicles, and at no extra charge.