Vietnam

China is no longer the powerhouse of manufacturing that is once was. The reasons for this shift and the growing importance of Vietnam and India are examined in this article.

Jul. 29 – The Indian Government has provided Vietnam with a US$100 million credit line for the purchase of four patrol vessels. The credit line was granted in light of the Vietnamese Government inviting India to explore for oil in the Phu Khanh basin in the South China Sea, which Vietnam considers its territory. China, […]

Jul. 9 – Vietnamese President Truong Tan Sang and a delegation of high-level officials visited Indonesia last month in a diplomatic trip to strengthen economic and political ties between the two countries. During the meeting, Vietnam signed the following Memoranda of Understanding (MoUs) on bilateral trade and energy investment with Indonesian president Susilo Bambang Yudhoyono […]

Jun. 21 – China and Vietnam have signed several bilateral trade and infrastructure agreements during a visit by the Vietnamese President Truong Tan Sang to Beijing this week. This is Vietnam’s first official visit since Premier Li and President Xi took office in China earlier this year. President Sang welcomed the invitation to visit China, […]

Jun. 12 – India’s largest power company, Tata Power Co. Ltd., has beaten competitors to sign a US$1.8 billion contract to invest in a thermal power project in Vietnam’s Mekong Delta province. The thermal power plant, which will be called Long Phu 2, is the largest project in Vietnam that an Indian company has ever invested […]

India strengthened its “Look East Policy” recently after government officials visited several of the country’s Asian neighbors, meeting with representatives in Japan, Thailand and Vietnam.

Apr. 29 – In an effort to boost investment in Vietnamese businesses and to support struggling enterprises, Vietnamese lawmakers have approved the Government’s proposal to reduce the current general corporate income tax (CIT) rate from 25 percent to 23 percent. In addition, CIT rates were set at a rate of 20 percent for small and […]

China’s continuing evolution can perhaps best be explained in a re-calibration of the popular opinion at the turn of the century that the 2000s will belong to China, much like the 1800s were dominated by the British Empire and the 1900s saw America’s rise to prominence. No, the 21st Century will more aptly be headlined as “Asia’s Century,” and although China will very much be a part of that, other countries in the region will be too.

By Alex Tangkilisan Feb. 20 – In the second part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Indonesia, Vietnam and Myanmar. Indonesia and Vietnam make up two of the major six economies in ASEAN, while Myanmar is one of the four smallest economies in the […]