Vietnam, Thailand head toward $20 billion in trade
Trade between the two countries increase as both governments offer incentive. Vietnam and Thailand have agreed to implement measures to boost economic co-operation with the aim of…
Korea seeks to ease trade dependency on China, US, Japan
Will look towards the developing world for new trade partners. South Korea began to seek free trade deals in 1999, when it started negotiations with Chile, its first partner for a…
Belt and Road Initiative touted at WEF
World Economic Forum panel upbeat about benefits of China’s Belt and Road Initiative. Geopolitics cannot be divorced from China’s ambitious Belt and Road Initiative,…
China investment feels Australian chill
Australians are becoming more wary of Chinese investment. The Australian business environment for Chinese investment seems to be getting colder despite interests of investors and…
Chinese FDI in US plunges as obstacles rise
Trade war has far reaching ramifications on investment. Chinese foreign direct investment (FDI) in the United States plummeted more than 80 percent in 2018, and the downturn is…
Korea to produce 6.2 million hydrogen cars by 2040
President Moon stresses government’s determination to make transition to a hydrogen economy. South Korea will produce 6.2 million units of fuel cell electric vehicles and build…
Record ¥4.5 tril. spent in Japan by foreign visitors
Tourism is increasingly becoming an important part of the Japanese market. A record high of ¥4.5 trillion was spent in Japan in 2018 by foreign visitors, according to the Japan…
Nissan plans civil suit against Ghosn
Ghosn allegedly used company assets for personal use and gain. Nissan Motor Co. plans to file suit against former Chairman Carlos Ghosn to claim damages stemming from his alleged…
Brexit deal refusal to have limited impact on Korean economy
Seoul vows to speed up efforts for Korea-Britain bilateral trade deal, bracing for post-Brexit era. The British parliament’s latest rejection of the government’s proposed…
Vietnam vows support to Japanese businesses
Vietnam premier received the Executive Vice President of Honda Motors Seiji Kuraishi in Hanoi on Tuesday. Prime Minister Nguyễn Xuân Phúc said the Vietnamese Government would…