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  • Vietnam investing billions in US equipment and services

    HO CHI MINH CITY -- Vietnamese companies signed an estimated $15 billion in deals on Wednesday, giving Prime Minister Nguyen Xuan Phuc solid achievements at the end of his three-day first official visit to the U.S.The deals covered aviation, energy,

    June 2, 2017 01:17 am JST
  • Vietjet, FPT announce US deals

    HANOI -- Budget carrier Vietjet Air and other Vietnamese companies are pursuing major partnerships with American businesses as the U.S. considers a bilateral free trade agreement with the Southeast Asian nation.A number of key deals have been announ

    June 2, 2017 12:57 am JST
  • Trump hails deals worth 'billions' with Vietnam

    WASHINGTON (Reuters) -- U.S. President Donald Trump talked trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on Wednesday and welcomed the signing of business deals worth billions of dollars and the jobs they would cre

    June 1, 2017 11:27 am JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • Vietnam manufacturing PMI drops to 51.6 in May

    TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, fell to a 14-month low of 51.6 in May from 54.1 in April.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Output and ne

    June 1, 2017 09:30 am JST
  • Trump hails signing of deals worth 'billions' with Vietnam

    WASHINGTON (Reuters) -- U.S. President Donald Trump discussed trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on Wednesday and welcomed the signing of business deals worth billions of dollars and the jobs they would

    June 1, 2017 08:58 am JST
  • GE signs $5.58bn in power, aviation deals in Vietnam

    SEATTLE (Reuters) -- General Electric Co said on Wednesday it had signed deals inVietnam worth about $5.58 billion for power generation, aircraft engines and services, its largest single combined sale with the country in GE's history.The agreements

    June 1, 2017 03:15 am JST
  • Nikkei Asia300's movement depends on growth, stability, U.S.

    TOKYO -- The Nikkei Asia300 Index has been rising recently. The reason is that investment capital has been flowing into Asian markets from around the world in pursuit of growth and yields. However, money can be capricious. Fear of a risk can quickly

    May 31, 2017 10:00 pm JST
  • Nikkei Asia 300 Index marks six months with 17% rise

    TOKYO -- The Nikkei Asia300 Index, tracing some 300 of Asia's must-watch listed companies, marked its first six months on Thursday with a 17% gain since its debut.The Nikkei Asia300 Index stood at 1229.14 on May 31, while the index started at 1052.9

    May 31, 2017 10:00 pm JST
  • Nikkei Asia300 index reflects Asian companies' growing momentum

    The Nikkei Asia300 Index is a composite stock index comprising over 300 of Asia's most influential listed companies, allowing users to grasp overall stock trends in Hong Kong, China, South Korea, Taiwan, India and six Southeast Asian countries.In ad

    May 31, 2017 10:00 pm JST
  • Formosa Plastics Group's Vietnam steel plant hit by dust explosion

    TAIPEI (Reuters) -- An explosion rocked Taiwanese conglomerate Formosa Plastics Group's new steel plant in Vietnam late on Tuesday but there were no casualties and it would have little impact on preparations for the launch of production, an executiv

    May 31, 2017 12:26 pm JST
  • Vietjet, FPT rush into US during prime minister's visit

    HO CHI MINH CITY -- Global investors are seeing a slew of Vietnamese companies announcing initial public offerings and partnerships in the U.S. as Prime Minister Nguyen Xuan Phuc visits the country this week.The U.S.'s withdrawal from the Trans-Paci

    May 31, 2017 10:06 am JST
  • Vietnam to sign deals for $15bn-$17bn in US goods, services -- prime minister

    WASHINGTON (Reuters) -- Vietnamese Prime Minister Nguyen Xuan Phuc said on Tuesday he would sign deals for U.S. goods and services worth $15 billion to $17 billion during his visit to Washington, D.C., mainly for high technology products and for ser

    May 31, 2017 09:47 am JST
  • Formosa Plastics finally fires up Vietnamese steel mill

    HANOI -- Vietnam's first large blast furnace steelworks began operations Tuesday, closing the books on a 2016 scandal in which contaminated wastewater was blamed for a fish die-off.The facility in the central province of Ha Tinh started making pig i

    May 31, 2017 02:36 am JST
  • Panasonic turning up volume on Asian TV ops

    OSAKA -- Panasonic looks to build up to 50% more televisions in Asia outside Japan by fiscal 2020, taking advantage of low labor costs to churn out mass-market to top-of-the-line sets.The Japanese appliance manufacturer targets 3 million units of pr

    May 30, 2017 06:08 am JST
  • Coffee pods vie to tempt Southeast Asia's drinkers

    JAKARTA -- Southeast Asia hosts some of the world's leading coffee growers and exporters, such as Indonesia and Vietnam, the world's fourth- and second-biggest producers respectively.Neighbors such as East Timor, Laos, Myanmar, the Philippines and T

    May 28, 2017 12:46 pm JST
  • Racing to prop up Asia's sinking cities

    JAKARTA -- Vast sections of Southeast Asia's cities could sink below sea level in the coming decades as residents draw up groundwater faster than it can be replenished, leaving governments scrambling to prevent flooding on a massive scale.The Indone

    May 27, 2017 01:40 pm JST
  • East Asian workers remarkably disengaged

    TOKYO -- Workers in East Asia are much less engaged in their jobs than their counterparts in the rest of the world, a recent survey by Gallup shows. Experts say East Asian companies need to alter their management styles before disengaged workforces

    May 25, 2017 10:40 pm JST
  • Booming Southeast Asian vehicle sales drive urban congestion

    JAKARTA -- Vehicle sales in Southeast Asia are set to outpace all other regions of the world during 2017, according to industry research, highlighting surging economic expansion in some parts of the region.But the growing number of new cars and truc

    May 25, 2017 05:00 pm JST