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Asian news from Vietnam

Lai Ching - Contributing writer - THOMPSON CHAU - Taiwan foreign minister steps up economic diplomacy under China pressure - asia.nikkei.com - Japan - China - Taiwan - Philippines - Thailand - Czech Republic - Vietnam - city Taipei

Taiwan foreign minister steps up economic diplomacy under China pressure

TAIPEI -- Taiwan's new foreign minister is making a fresh push on economic diplomacy, with plans to set up industrial zones overseas and support small businesses' expansion abroad, according to several government officials and foreign diplomats in Taipei.

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Bali property heats up as Asian investors chase high rental yields in post-Covid revival - scmp.com - Usa - Indonesia - Thailand - Malaysia - Hong Kong - Singapore - Britain - Vietnam - city Hong Kong

Bali property heats up as Asian investors chase high rental yields in post-Covid revival

Investors from Hong Kong and Singapore, where rental yields stand in the low single digits, are showing particular interest in Bali property.

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SuLin Tan - Gold buying frenzy grips Vietnam and Thailand as economic fears mount - scmp.com - China - Usa - Thailand - Vietnam

Gold buying frenzy grips Vietnam and Thailand as economic fears mount

“If you don’t have much money in life, and all the goods that you buy and sell are ultimately priced in US dollars, and your local currency is going down, that doesn’t feel good. You have got inflation working against you, plus you’ve got currency depreciation. You are getting hit twice.”

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Zulkifli Hasan - Indonesia to levy 100-200% duties on clothing, ceramics, minister says - asia.nikkei.com - China - Indonesia - Bangladesh - Vietnam - city Jakarta

Indonesia to levy 100-200% duties on clothing, ceramics, minister says

JAKARTA (Reuters) -- Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, the trade minister said.

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Contributing writer - Revisiting Vietnam's past through my parents' eyes - asia.nikkei.com - Vietnam

Revisiting Vietnam's past through my parents' eyes

NINH BINH, Vietnam -- "Just look at this landscape!" my father exclaims to my mother. We are traveling by train from her ancestral village in Nghe An province, central Vietnam, to his ancestral village in Ninh Binh province, northern Vietnam. I gaze at my parents, now in their 80s, hair silver-white, yet with smiles as bright as children's as they admire the lush green rice fields, the misty mountains and the winding rivers sparkling in the morning sunlight.

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LIEN HOANG - Nikkei staff writer - Vietnam GDP grew 6.93% in Q2 with risks to recovery 'high' - asia.nikkei.com - Vietnam - city Ho Chi Minh City

Vietnam GDP grew 6.93% in Q2 with risks to recovery 'high'

HO CHI MINH CITY -- Vietnam's economy expanded 6.93% in the second quarter from a year earlier, surpassing the 5.66% in the January-March quarter, as it strives to bounce back from the pandemic, official data showed Saturday.

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Sheila Chiang - Gen Z's shopping decisions are heavily driven by TikTok and influencers, report finds - cnbc.com - China - Philippines - Indonesia - Singapore - Vietnam

Gen Z's shopping decisions are heavily driven by TikTok and influencers, report finds

Generation Z in Asia-Pacific is taking fashion cues from idols and influencers, heavily driven by TikTok, a new KPMG report showed.

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The expansion of BRICS+: More may be better - asiatimes.com - China - Usa - Russia - Indonesia - Thailand - Malaysia - India - state Indiana - South Africa - Iran - Uae - Turkey - Saudi Arabia - Egypt - Cambodia - Vietnam - Laos - Brazil - Ethiopia - region Asean

The expansion of BRICS+: More may be better

Malaysia and Thailand recently unveiled their plans to join BRICS, which has been rechristened as BRICS+ with the induction of new members. This multilateral bloc of rising economies of the 21st century that is often seen as an emerging institutional collective of the Global South countries that aspire to establish a robust and inclusive multipolar world order.

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