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  • Southeast Asian transportation network taking form

    BANGKOK -- Efforts to build a modern cross-border transportation network are underway in Southeast Asia, where regional economic integration is scheduled by the end of 2015. These projects are attracting Japanese companies seeking to contribute

    August 30, 2014 01:55 am JST
  • Changes afoot in Vietnam's mobile phone market

    HANOI -- The spin-off of MobiFone from Vietnam Posts and Telecommunications Group (VNPT) promises to shake up the country's mobile phone market by stoking competition and opening the door for foreign companies. Ownership of MobiFone was transfer

    August 29, 2014 07:00 pm JST
  • Japanese IT companies see Vietnam as the answer for offshore software development

    TOKYO -- Japanese companies are increasingly viewing Vietnam as the place for software development. The Southeast Asian country offers low costs as well as a pool of skilled engineers, making it an attractive alternative to Japan and China. Corp

    August 28, 2014 07:00 pm JST
  • McDonald's expanding fast in Ho Chi Minh City

    HANOI -- McDonald's will open its third outlet in Ho Chi Minh City on Aug. 30, just six months after launching its first. After opening its first two restaurants, McDonald's was expected to shift its attention to northern Vietnam. But the latest

    August 28, 2014 01:00 pm JST
  • East Asian free-trade talks stumble over tariff rates

    TOKYO -- Sixteen Asia-Pacific nations negotiating a free-trade pact were unable to settle on a common target for tariff elimination at a ministerial meeting Wednesday in Naypyitaw, making a conclusion by the end of next year unlikely. This marke

    August 28, 2014 03:50 am JST
  • Southeast Asian car sales fell 16% in July

    BANGKOK -- Sales of new cars in six leading Southeast Asian countries slid 16% on the year to 259,840 units in July, the 15th straight month of declines. Sales volumes dropped in Indonesia, Thailand and Malaysia, the first time this year all of

    August 28, 2014 03:25 am JST
  • Trading company Sun-wa targeting 3 years of record profit

    TOKYO -- Electronic parts trader Sun-wa Technos aims to generate 4.7 billion yen ($44.7 million) in group pretax profit next fiscal year, up 37% from fiscal 2013 for what would be its third straight year of record profit. The Tokyo-based company

    August 28, 2014 02:00 am JST
  • George Magnus: The clock is ticking for an aging Asia

    The rapid aging of the population is widely recognized as one of the most daunting challenges facing developed economies, such as Japan and Germany. Less attention has been paid to the fact that graying demographics are a ubiquitous global phenomeno

    August 28, 2014 12:00 am JST
  • Korn Chatikavanij: Prescriptions for Asean and Thailand: Better governance, stronger institutions

    Looking at the ongoing tragedy in Ukraine, it has become apparent that the conflict there is happening because of the weakened geopolitical positions of both the U.S. and Europe. This phenomenon is creating power vacuums in pockets around the world.

    August 28, 2014 12:00 am JST
  • George Magnus: Strategies for winning the demographic battle

    Asia's aging population will inevitably affect its economic growth. But demographics are not destiny; all nations have the capacity to develop ways of navigating the transition toward grayer societies. The main mechanisms for coping with a stagn

    August 28, 2014 12:00 am JST
  • VietJet almost doubles passengers in Jan-July

    HO CHI MINH CITY -- VietJet Aviation saw passenger numbers rise 182% on the year to 3 million in the first seven months of 2014, and has transported 7.4 million people since its launch in 2011, according to Nguyen Thi Phuong Thao, the airline's vice

    August 27, 2014 03:20 pm JST
  • Japanese knowledge translates to success for Vietnam's IT crowd

    TOKYO -- Young and ambitious Vietnamese software engineers are studying a new code to advance their careers -- Japanese. Japanese companies are outsourcing software development to Vietnam to make up for the lack of software engineers in Japan, a

    August 27, 2014 01:00 pm JST
  • Sekisui Chemical, Osaka to help repair Vietnamese sewer pipes

    TOKYO -- Sekisui Chemical and the city of Osaka are teaming up to undertake sewer pipe repairs in Vietnam. The public-private partnership will begin repairing sewer pipes in Ho Chi Minh City as early as this year, introducing a construction meth

    August 27, 2014 03:18 am JST
  • Japan software developers tap Vietnam engineering talent

    TOKYO -- Japanese companies are increasingly outsourcing development of software to Vietnamese engineers -- for everything from smartphone and tablet apps to software used in cars and medical equipment. The trend reflects the Southeast Asian cou

    August 26, 2014 07:00 pm JST
  • Japan's sake brewers target Asia

    KOBE, Japan -- Sake exports hit a new record of more than 5.4 billion yen ($51.4 million) in the first half of this year. With the domestic market shrinking, sake brewers are rushing to develop products for foreigners and expand sales channels f

    August 26, 2014 01:00 pm JST
  • Vietnamese golf course look abroad for customers

    TOKYO -- Golf courses in Vietnam want more middle-class players hitting the links. Him Lam, one of Vietnam's top-five developers, opened Long Bien Golf Course in Hanoi in June. The Ho Chi Minh City-based company that specializes in condominiums,

    August 26, 2014 01:00 pm JST
  • Japanese eatery Ootoya to accelerate overseas expansion

    TOKYO -- Ootoya Holdings, the Tokyo-based operator of the Ootoya restaurant chain, is ramping up its overseas expansion drive. The company will in November open its first restaurant in Vietnam -- an outlet serving set meals in Ho Chi Minh City -

    August 24, 2014 01:45 am JST
  • Venerable Asian airlines struggle to shake cheap competition

    SINGAPORE/HONG KONG/MANILA -- The rapid ascent of budget carriers has created turbulence for major Asian airlines, whose market dominance is fading. Singapore Airlines, a leading Southeast Asian carrier, logged a net profit of 360 million Singap

    August 23, 2014 04:15 am JST
  • China mending fences with neighbors ahead of APEC meeting

    ULAN BATOR -- China is working to improve relations with nearby countries before November's meeting of the Asia-Pacific Economic Cooperation forum, particularly Mongolia, which it views as key to northeastern Asia. President Xi Jinping met with

    August 22, 2014 05:09 am JST
  • Hitachi Zosen to turn trash into power in Indonesia, Vietnam

    OSAKA -- Hitachi Zosen will invest over 10 billion yen ($95.4 million) to build waste-to-energy power plants in Indonesia and Vietnam in a move to expand its environment-related business. The Japanese company started a feasibility study in Surab

    August 22, 2014 04:51 am JST